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For sale
    • Price cut: $14K (2/2)
    $685,000

    18 Initial Ln, Santa Rosa Beach, FL 32459

    4beds
    2,340sqft
    : 
    Single Family Residence
    Built in 1981
    0.34 Acres Lot
    $663,600 Zestimate®
    $293/sqft
    $-- HOA

    What's special

    Drive-through garageAmple parkingOutdoor showerSolid brick home
    Discover the perfect blend of comfort, style, and income potential in this beautifully updated 3 bedroom, 3 bathroom home plus a bonus bunk room with four built-in beds, located in the desirable Sacred Oaks community off E. Mack Bayou Drive. Surrounded by upscale gated neighborhoods, this location offers peace and privacy while keeping you close to everything. This property is a proven six-figure turnkey rental or an ideal retreat away from the hustle of the beach. Inside, the split floor plan creates an easy, welcoming flow with luxury LVP and tile throughout. The private primary suite opens directly to the pool for a true resort feel. The kitchen and bathrooms have been tastefully updated, and the home is fully furnished with stainless steel appliances already in place. The seller has elected to add a separate, dedicated laundry room in the main house, while the existing laundry located in the primary suite closet will remain, offering added convenience and flexibility. A new metal roof in 2025, updated electrical and plumbing, and both electric and gas availability indoors and outdoors provide confidence and convenience. Step into the backyard and enjoy a resort-style setting, where the pool features water elements, lighting, and an attached spa for relaxing any time of day. A screened outdoor living area with a fireplace creates the perfect space for gathering or unwinding. The outdoor shower, drive-through garage, and ample parking make this home easy to enjoy and easy to host. Located just minutes from 30A beaches, restaurants, and shops, this solid brick home delivers both lifestyle and long-term value. If you are searching for a strong income producer or a quiet place to call home, you have found it. Primary laundry is located in the master bath closet. Seller will add a second laundry in the bunk/closet area shown with acceptable offer. Renderings are illustrative only; contractor is lined up.
    97 days
    |
    2,503
    |
    120
    |

    Zillow last checked: 7 hours ago

    Listing updated: February 12, 2026 at 10:55am

    Listed by:

    Paul D Gibney 850-775-7766,

    Corcoran Reverie,

    Corey A Joseph 850-867-5868,

    Corcoran Reverie

    Source: CPAR,MLS#: 782593MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Breakfast Room/Nook, Bedroom, Dining Room, Full Bath, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Screened Porch
      Primary bedroom
      • Level: First
      • Dimensions: 21 x 18
      Primary bedroom
      • Level: First
      • Dimensions: 21 x 18
      Bedroom
      • Level: First
      • Dimensions: 9 x 12
      Bedroom
      • Level: First
      • Dimensions: 13 x 13
      Bedroom
      • Level: First
      • Dimensions: 9 x 13
      Bedroom
      • Level: First
      • Dimensions: 9 x 12
      Bedroom
      • Level: First
      • Dimensions: 13 x 13
      Bedroom
      • Level: First
      • Dimensions: 9 x 13
      Primary bathroom
      • Level: First
      • Dimensions: 13.5 x 16.5
      Primary bathroom
      • Level: First
      • Dimensions: 13.5 x 16.5
      Breakfast room nook
      • Level: First
      • Dimensions: 12 x 9
      Breakfast room nook
      • Level: First
      • Dimensions: 12 x 9
      Dining room
      • Level: First
      • Dimensions: 12 x 13
      Dining room
      • Level: First
      • Dimensions: 12 x 13
      Other
      • Level: First
      • Dimensions: 9 x 5
      Other
      • Level: First
      • Dimensions: 5 x 8
      Other
      • Level: First
      • Dimensions: 9 x 5
      Other
      • Level: First
      • Dimensions: 5 x 8
      Kitchen
      • Level: First
      • Dimensions: 17 x 13
      Kitchen
      • Level: First
      • Dimensions: 17 x 13
      Laundry
      • Level: First
      • Dimensions: 4 x 8.5
      Laundry
      • Level: First
      • Dimensions: 4 x 8.5
      Living room
      • Level: First
      • Dimensions: 29 x 12
      Living room
      • Level: First
      • Dimensions: 29 x 12
      Screened porch
      • Level: First
      • Dimensions: 45 x 39
      Screened porch
      • Level: First
      • Dimensions: 45 x 39
      Heating
      • Fireplace(s)
      Cooling
      • Central Air
      Appliances
      • Included: Electric Water Heater, Gas Cooktop, Gas Range
      Features
      • Has fireplace: Yes
      • Fireplace features: Gas
      Interior area
      • Total structure area: 2,340
      • Total interior livable area: 2,340 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage
      • Garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Porch, Screened
      • Exterior features: Outdoor Shower, Porch
      • Has private pool: Yes
      • Pool features: Gas Heat, In Ground, Private
      • Fencing: Fenced
      Lot
      • Size: 0.34 Acres
      • Dimensions: 100 x 125
      Details
      • Parcel number: 242S21422730000100
      • Zoning description: Resid Single Family
      • Special conditions: Listed As-Is

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Brick
      • Roof: Composition,Shingle
      Condition
      • New construction: No
      • Year built: 1981

      Utilities & green energy

      • Sewer: Public Sewer

      Community & HOA

      Community
      • Features: Short Term Rental Allowed
      • Subdivision: No Named Subdivision
      HOA
      • Has HOA: No
      Location
      • Region: Santa Rosa Beach

      Financial & listing details

      • Price per square foot: $293/sqft
      • Tax assessed value: $396,332
      • Annual tax amount: $3,620
      • Date on market: 12/11/2025
      • Cumulative days on market: 89 days
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        Estimated market value

        $663,600

        $630,000 - $697,000

        $4,927/mo

        Price history

        Price history
        DateEventPrice
        2/2/2026Price change$685,000-2%$293/sqft
        Source: CPAR #782593 Report a problem
        12/11/2025Listed for sale$699,000+4.4%$299/sqft
        Source: ECAOR #991124 Report a problem
        8/5/2025Listing removed$669,500$286/sqft
        Source: ECAOR #957956 Report a problem
        4/30/2025Listed for sale$669,500-3.7%$286/sqft
        Source: ECAOR #957956 Report a problem
        10/22/2024Listing removed$695,000$297/sqft
        Source: ECAOR #957956 Report a problem
        10/22/2024Price change$695,000-0.6%$297/sqft
        Source: ECAOR #957956 Report a problem
        9/23/2024Price change$699,000-3.6%$299/sqft
        Source: ECAOR #957956 Report a problem
        9/5/2024Listed for sale$725,000-10.5%$310/sqft
        Source: ECAOR #957956 Report a problem
        7/3/2024Listing removed--
        Source: ECAOR #949375 Report a problem
        5/28/2024Price change$810,000-0.1%$346/sqft
        Source: ECAOR #949375 Report a problem
        5/9/2024Listed for sale$811,000+27.7%$347/sqft
        Source: ECAOR #949375 Report a problem
        7/27/2023Listing removed--
        Source: ECAOR #873489 Report a problem
        1/18/2022Sold$635,000-6.5%$271/sqft
        Source: ECAOR #884549 Report a problem
        12/30/2021Pending sale$679,000$290/sqft
        Source: ECAOR #884549 Report a problem
        11/2/2021Price change$679,000-2.9%$290/sqft
        Source: ECAOR #884549 Report a problem
        10/26/2021Listed for sale$699,000+40.1%$299/sqft
        Source: ECAOR #884549 Report a problem
        7/28/2021Sold$499,000$213/sqft
        Source: Public Record Report a problem
        6/14/2021Pending sale$499,000$213/sqft
        Source: ECAOR #873489 Report a problem
        6/4/2021Listed for sale$499,000$213/sqft
        Source: ECAOR #873489 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$3,620 -1.2%$396,332 -1.7%
        2023$3,665 +8.1%$403,308 +10.3%
        2022$3,389 +840.5%$365,694 +389.3%
        2021$360 -2.6%$74,735 +1.4%
        2020$370 +3%$73,703 +2.3%
        2019$359 $72,046 +1.9%
        2018$359 +1.4%$70,703 +2.1%
        2017$354 +2.4%$69,249 +2.1%
        2016$346 +0.9%$67,825 +0.7%
        2015$343 -1.2%$67,354 +0.8%
        2014$347 $66,819 +1.5%
        2013-- $65,832 +1.7%
        2012-- $64,732 +3%
        2011-- $62,847 +1.5%
        2010-- $61,918 +2.7%
        2009-- $60,290 +0.1%
        2008-- $60,230 +3%
        2007-- $58,476 +5.6%
        2005-- $55,389 +3%
        2004-- $53,776 +1.9%
        2003-- $52,773 +19.4%
        2002-- $44,200 +1.6%
        2001-- $43,504

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $3,920/mo
        Principal & interest
        $3389
        Property taxes
        $531
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          Climate risks

          Neighborhood: 32459

          Getting around

          1 / 100
          Car-Dependent
          26 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Van R Butler
          • High: South Walton

          Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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