Back 118 Preston Way
Off Market

118 Preston Way

Gulf Shores AL 36542

3
2
2
1510 sq. ft.
8040 sq. ft.
Other
Last sold for $369,900
Anna LovedayAnna Loveday, last sold this property on 11 December 2025 after 155 days on market.

Overview

New Phase in Raley Farms now open for sale! Welcome back to one of the fastest selling communities in Gulf Shores, Alabama! This popular community is just minutes from the white, sandy beaches that Gulf Shores is famous for having! Discover sophistication in the Kinsley floorplan. This one-story, 3 bed, 2 bath home features 1,510 square feet of open living space and a split bedroom plan. Features of this home include EVP throughout, quartz countertops, soft close cabinets, large breakfast bar, walk in pantry, large single bowl under mount stainless sink, stainless steel appliances, two ceiling fans, trey ceiling, crown molding and two covered patios front and back. There is plenty of room for parking with the attached double car garage and driveway. Community amenities include a large community pool, sidewalks, common area, and more! This home is being built to GOLD Fortified Standards potentially saving you on insurance. The home also comes with a 'Home Connected' (SM) Smart Home package, 1-year builder's and 10-year structural warranty. Home is under construction. Estimated completion of November 2025. Pictures are of similar home and not necessarily of subject property, including interior and exterior colors, options, and finishes. Buyer to verify all information during due diligence.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
1510 sq. ft. floor area
8040 sq. ft. lot size
Other

Estimated Value

Based on this property and similar 3 bedroom other properties sold in Gulf Shores over the last 12 months, the estimated median property value of 118 Preston Way is $455k.

Median value
$455k
Estimated value range
$141k - $1.9m
Median days on market
79
Estimated value trend
-4%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Gulf Shores. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 118 Preston Way

2025
Sold
$369,900
11 Dec 2025 by Anna Loveday, of DR Horton - Charlotte

Happy sellers in Gulf Shores

68%
68% of sellers in Gulf Shores reported that their sale price either exceeded or met their price expectations.

Gulf Shores stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 29 reviews in Gulf Shores over the last 12 months.

Local market activity for 3 bedroom other properties in Gulf Shores

In the last 12 months, 238 three-bedroom other properties similar to 118 Preston Way, have been sold.

This represents a 13% decrease in three-bedroom other properties sales when compared to the previous 12 months.

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