74 Nonesuch Way
About This Property
Designed with both everyday living and hosting in mind, the home offers four generously sized full bedrooms, each with windows, plus a dedicated bunk room. A full bedroom on the main level provides added flexibility for guests, while the primary suite and bunk room are among the home's most inviting spaces. The thoughtful bedroom configuration creates true separation and privacy while comfortably accommodating family and guests. A dramatic arched entry opens to expansive living and dining spaces that feel bright, open, and connected. The generously sized kitchen anchors the main living area with an oversized island, abundant cabinetry and storage, a dedicated pantry, dual-zone wine refrigerator, premium appliances, and new pendant lighting. The kitchen flows naturally into the sunlit dining area and living room, creating one large, inviting gathering space.
Throughout the home, recent updates have given the interiors a fresh, collected feel, including new furnishings and artwork, select interior paint, new LED recessed lighting, and updated kitchen pendants. The renovated powder room has become a standout space in its own right, bringing an unexpected design moment to the main level.
The private courtyard extends the living space outdoors with a 42-inch Alfresco grill and hood, fountain feature, and tiled areas for dining and entertaining. Importantly, the courtyard offers ample room to add a private pool, creating the opportunity to further transform the space into a secluded outdoor retreat. Pool renderings are available to help illustrate the potential.
A two-car garage, particularly valuable within Alys Beach, adds another layer of everyday functionality. Additional improvements include a new energy-efficient HVAC system installed in 2025, exterior repainting completed in 2025, and Control4 home automation for climate and lighting, along with additional cabinet and window repairs and replacements completed following purchase.
Offered fully furnished with refreshed furnishings and artwork throughout, 74 Nonesuch Way is a turnkey opportunity that stands apart for the qualities that matter most: an end-cap position, abundant windows and natural light, four true and spacious bedrooms plus a bunk room, a main-level bedroom, expansive kitchen and living spaces, a two-car garage, and a courtyard with room to add a private pool. Moments from the Gulf, it offers a rare combination of space, privacy, and effortless coastal living in Alys Beach.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 3, 2026 | Listed by Scenic Sotheby's International Realty | $5,980,000 | |
| Listed by Scenic Sotheby's International Realty | |||
| Jul 31, 2025 | Sold | ||
| Sold | |||
| Jul 15, 2025 | In contract | - | |
| In contract | |||
| Jun 21, 2025 | Price Decreased |
$5,395,000
↓ $355K
(6.2%) | |
| Price Decreased | |||
| Feb 13, 2025 | Listed by Alys Beach Properties Llc | $5,750,000 | |
| Listed by Alys Beach Properties Llc | |||
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This elegant and family-friendly home designed by T.S. Adams Architects offers 4 bedrooms, one bunk room, and an open floorplan plus a two car garage. Recent updates include a new energy efficient HVAC system in 2024, complete painting and resurfacing of exterior doors and windows and new exterior paint. A full height dual zone wine refrigerator, new Thermador coffee maker, marble waterfall kitchen island countertop, new sink and faucet with 4-step water filter mark updates in the kitchen. The spacious courtyard boasts a 42'' Alfresco grill and hood, new fountain feature, tile, and irrigation. Control-4 automation is installed for HVAC as well as interior lighting.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017