Ocean Reef Homes under $400,000

Welcome to Ocean Reef, a hidden gem nestled in the heart of Gulf Shores, Alabama. This picturesque subdivision offers a perfect blend of coastal charm and modern convenience, making it an ideal destination for families, retirees, and anyone seeking a slice of paradise. With its stunning views and access to pristine beaches, Ocean Reef is more than just a neighborhood—it's a lifestyle.

One of the standout features of Ocean Reef is its diverse range of homes available for under $400,000. Whether you're a first-time homebuyer or looking for a vacation retreat, you'll find a variety of options that cater to your needs. From cozy single-family homes to charming townhouses, each property is designed with comfort and style in mind. Many homes boast open floor plans, spacious backyards, and modern amenities, all while being just a short drive from the beautiful Gulf of Mexico.

Living in Ocean Reef means enjoying the best of both worlds: a serene community atmosphere paired with the vibrant activities of Gulf Shores. Spend your days soaking up the sun on the beach, exploring local parks, or indulging in delicious seafood at nearby restaurants. With convenient access to shopping, entertainment, and recreational opportunities, you'll never run out of things to do.

If you're ready to embrace the coastal lifestyle without breaking the bank, Ocean Reef is the perfect place to call home. Discover your dream home in this enchanting subdivision today and experience all that Gulf Shores has to offer!

Newest Ocean Reef Homes under $400,000

507 W Beach Blvd Unit UNIT 108, Gulf Shores

$330,000

1 Beds ⋅ 1 Baths ⋅ 411779 MLS

Steps from the sand in the heart of Gulf Shores, this 1BR/1BA Ocean Reef condo offers 572 sq ft of easy coastal living. Ocean Reef is a low-density beachside community with quick beach access and a quieter feel than the high-rises. The efficient layout is simple to maintain, which makes it an easy lock-and-leave second home or a smart rental investment. Owners enjoy assigned covered parking, a large landscaped courtyard pool with grills and plenty of seating, and on-site laundry. Walk to The Hangout, restaurants, shopping, and the Shrimp Festival, with Gulf State Park just minutes away. Whether you want a weekend escape or an affordable way into the Gulf Shores beach market, this condo delivers location and value. Buyer to verify all information. Buyer to verify all information during due diligence.

507 W Beach Blvd Unit UNIT 108, Gulf Shores

$355,000

2 Beds ⋅ 1 Baths ⋅ 363184 MLS ⋅ Ocean Reef BLDG.

Looking for your piece of paradise? This cozy, coastal condo offers the perfect beachside retreat with 2 bedrooms, 1 bathroom, and charming light and airy furnishings and décor throughout. Enjoy balcony access from both bedrooms and the living area, with views overlooking the sparkling pool. The unit features durable luxury vinyl plank flooring throughout and a fully equipped kitchen with painted cabinets, overlooking the breakfast area—ideal for a vacation getaway or investment property. Additional highlights include assigned owner parking, easy beach access just steps away, a large outdoor pool area with grills and plenty of seating, and a convenient laundry facility underneath the condo. The HVAC unit was replaced in September 2023. Located in a prime spot within walking distance to popular restaurants, shopping, and entertainment. Don’t miss out on this fantastic opportunity! Buyer to verify all information during due diligence.

507 W Beach Blvd Unit 502, Gulf Shores

$372,000

2 Beds ⋅ 1 Baths ⋅ 377610 MLS ⋅ Ocean Reef BLDG.

Seller offering to cover 12 months of HOA dues to new buyer. This charming Beachfront condo is in a low density, two storied complex that offers a fantastic partial ocean view and quick access to the beach. Located in the heart of Gulf Shores, Ocean Reef is within walking distance to the Hang Out, local restaurants, and popular attractions. From this unit you will have views of the courtyard pool and the Gulf of Mexico. This short-term rental has covered parking as well as a large outdoor deck. Don’t miss out on this rare opportunity to own a piece of Gulf Shores paradise! Buyer to verify all information during due diligence.

507 W Beach Blvd Unit 402, Gulf Shores

Start Your Search

© Baldwin County Association of Realtors, Inc. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocitysm Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on .