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For sale
  • $3,540,000

    186 Magnolia St, Santa Rosa Beach, FL 32459

    4beds
    2,752sqft
    : 
    Single Family Residence
    Built in 1987
    6,969.6 Square Feet Lot
    $3,391,400 Zestimate®
    $1,286/sqft
    $-- HOA

    What's special

    Additional carportExpansive first-floor deckHerb garden with pergolaWood-planked tile flooringComfortable sitting areaConveniently located laundry room
    Welcome to 186 Magnolia Street - Where Old Grayton Soul Meets Refined Coastal Design - a completely reimagined coastal retreat that captures the quintessential Old Grayton Beach vibe-retro, relaxed, and effortlessly cool-this property is designed to entertain, built to endure and be coveted by guests and is just a short walk to two beach accesses. This stunning 4-bedroom, 4.5-bath home has been fully remodeled from top to bottom, blending vintage surf-style charm with modern luxury and high-end finishes throughout. The property offers exceptional parking with a garage featuring an epoxy floor, an additional carport, and a large driveway accommodating up to seven vehicles. The first level welcomes you with wood-planked tile flooring, a comfortable sitting area, and an inviting living space complete with a wet bar, ice maker, wine refrigerator, and a striking custom tile accent wall. A first-floor primary suite features an ensuite bath with a soaking tub and custom tile work. A stylish half bath with shiplap accents completes the interior. Step outside to the expansive first-floor deck, showcasing a large, heated pool with a chair deck, an herb garden with pergola, and space designed for outdoor living. (A paver walkway and pool deck are currently being completed.) The second and third levels feature beautiful oak wood flooring throughout. The second level offers a light-filled sitting area, dining space, and living room with a gas fireplace. The galley-style kitchen is outfitted with Thermador appliances, quartz countertops, open shelving, and a breakfast bar-perfect for entertaining. A hallway leads to a guest bedroom with an ensuite bath and private balcony overlooking the front yard, a bunk room with two full-size bunks and a full bath, and a conveniently located laundry room. The third level is dedicated to a serene primary suite, complete with an ensuite bath featuring dual vanities and a custom-tiled shower. A private balcony offers beautiful Gulf views, creating the perfect escape. Major upgrades include all new impact-rated windows and doors, new wiring and plumbing, new tankless water heater, three new HVAC units, and a new 30-year architectural shingle roof-offering peace of mind and modern efficiency. 186 Magnolia Street is a rare opportunity to own a thoughtfully updated beach home that honors the timeless Grayton Beach aesthetic while delivering today's comforts-all in one of the area's most beloved locations. Grayton Beach is beloved for its eclectic, retro surf culture, tree-lined streets, and an atmosphere that feels authentically coastal. Home to Grayton Beach State Park, world-class dining, and a strong sense of community, this is one of 30A's most sought-after and enduring neighborhoods. Whether envisioned as a refined personal escape, a legacy beach home, or a property with strong rental appeal thanks to its layout, amenities, and premier location, 186 Magnolia Street represents a rare opportunity to own a true Grayton Beach classic-elevated, effortless, and undeniably timeless. This is more than a beach house; this is a Grayton Beach Statement! Now is your chance to live the Grayton Beach Life-Artful, Authentic, and Unmatched!
    14 days
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    741
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    44
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    Zillow last checked: 8 hours ago

    Listing updated: February 10, 2026 at 02:18pm

    Listed by:

    Andy Wiggins 850-231-9007,

    The Beach Group Properties LLC

    Source: ECAOR,MLS#: 994736MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: First
    • Area: 1744 Square Feet
    • Dimensions: 109 x 16
    Primary bedroom
    • Level: Third
    • Area: 216 Square Feet
    • Dimensions: 18 x 12
    Bedroom
    • Level: Second
    • Area: 1624 Square Feet
    • Dimensions: 14 x 116
    Primary bathroom
    • Level: Third
    • Area: 5418 Square Feet
    • Dimensions: 129 x 42
    Other
    • Level: Second
    • Area: 272 Square Feet
    • Dimensions: 34 x 8
    Other
    • Level: Third
    • Area: 208 Square Feet
    • Dimensions: 26 x 8
    Other
    • Level: Second
    • Area: 120 Square Feet
    • Dimensions: 12 x 10
    Family room
    • Level: First
    • Area: 1905 Square Feet
    • Dimensions: 127 x 15
    Kitchen
    • Level: Second
    • Area: 126 Square Feet
    • Dimensions: 14 x 9
    Living room
    • Level: Second
    • Area: 240 Square Feet
    • Dimensions: 15 x 16
    Sitting room
    • Level: First
    • Area: 1624 Square Feet
    • Dimensions: 14 x 116
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range Hood, Washer, Tankless Water Heater
    Features
    • Bookcases, Recessed Lighting, Newly Painted, Shelving, Walls Wainscoting, Wet Bar
    • Flooring: Hardwood, Vinyl
    • Windows: Double Pane Windows
    • Has fireplace: Yes
    • Furnished: Yes
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,752
    • Total interior livable area: 2,752 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Carport, Garage, Covered
    • Garage spaces: 1
    • Carport spaces: 1
    • Covered spaces: 2
    Features
    • Stories: 3
    • Patio & porch: Covered, Deck
    • Exterior features: Outdoor Grill, Balcony, Private Yard, Outdoor Shower
    • Pool features: In Ground
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    Lot
    • Size: 6,969.6 Square Feet
    • Dimensions: 50 x 140
    • Features: Interior Lot, Within 1/2 Mile to Water
    Details
    • Parcel number: 173S19250200150110
    • Zoning description: Resid Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Beach House
    • Property subtype: Single Family Residence
    Materials
    • Frame, Siding CmntFbrHrdBrd
    • Foundation: Pillar/Post/Pier
    • Roof: Shingle
    Condition
    • Construction Complete,Renovated
    • New construction: No
    • Year built: 1987

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Subdivision: Grayton Beach
    Location
    • Region: Santa Rosa Beach

    Financial & listing details

    • Price per square foot: $1,286/sqft
    • Tax assessed value: $1,929,803
    • Annual tax amount: $16,745
    • Date on market: 2/7/2026
    • Road surface type: Paved
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    Estimated market value

    $3,391,400

    $3.22M - $3.56M

    $6,282/mo

    Price history

    Price history
    DateEventPrice
    2/7/2026Listed for sale$3,540,000+117.8%$1,286/sqft
    Source: ECAOR #994736 Report a problem
    2/4/2025Sold$1,625,000-9.7%$590/sqft
    Source: ECAOR #929464 Report a problem
    1/1/2025Pending sale$1,800,000$654/sqft
    Source: ECAOR #929464 Report a problem
    12/10/2024Price change$1,800,000-5.3%$654/sqft
    Source: ECAOR #929464 Report a problem
    10/8/2024Listed for sale$1,900,000-17.4%$690/sqft
    Source: ECAOR #929464 Report a problem
    7/9/2024Listing removed--
    Source: ECAOR #929464 Report a problem
    4/14/2024Price change$2,299,000-2.2%$835/sqft
    Source: ECAOR #929464 Report a problem
    11/14/2023Price change$2,350,000-2.1%$854/sqft
    Source: ECAOR #929464 Report a problem
    8/8/2023Listed for sale$2,400,000+576.1%$872/sqft
    Source: ECAOR #929464 Report a problem
    10/16/2001Sold$355,000$129/sqft
    Source: Public Record Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$17,278 +53.4%$1,929,803 +116.5%
    2023$11,265 +3.2%$891,371 +10%
    2022$10,913 +31.3%$810,337 +10%
    2021$8,313 +15.2%$736,670 +10%
    2020$7,219 +8.2%$669,700 +10%
    2019$6,670 $608,818 -9.4%
    2018$6,670 +9%$672,216 +5.5%
    2017$6,120 +7.9%$637,391 +9.8%
    2016$5,671 +8.7%$580,491 +21%
    2015$5,216 +14.2%$479,621 +26.9%
    2014$4,568 $378,028 -0.5%
    2013-- $379,758 -2.8%
    2012-- $390,691 -3.6%
    2011-- $405,390 -3.2%
    2010-- $418,971 -23.3%
    2009-- $546,138 -12.3%
    2008-- $622,980 -19.6%
    2007-- $774,696 +34.3%
    2005-- $576,814 +55.2%
    2004-- $371,650 +19.8%
    2003-- $310,160 +10.5%
    2002-- $280,593 +17.1%
    2001-- $239,669

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $20,043/mo
    Principal & interest
    $17299
    Property taxes
    $2744

      Climate risks

      Neighborhood: 32459

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Dune Lakes
      • Middle: Emerald Coast
      • High: South Walton

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

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