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!
For sale
$3,540,000
186 Magnolia St, Santa Rosa Beach, FL 32459
4beds
2,752sqft
Est.:
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
- 14 days |
- 741 |
- 44 |
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#: 994736
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
Estimated market value
$3,391,400
$3.22M - $3.56M
$6,282/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/7/2026 | Listed for sale | $3,540,000+117.8%$1,286/sqft |
Source: | ||
| 2/4/2025 | Sold | $1,625,000-9.7%$590/sqft |
Source: | ||
| 1/1/2025 | Pending sale | $1,800,000$654/sqft |
Source: | ||
| 12/10/2024 | Price change | $1,800,000-5.3%$654/sqft |
Source: | ||
| 10/8/2024 | Listed for sale | $1,900,000-17.4%$690/sqft |
Source: | ||
| 7/9/2024 | Listing removed | -- |
Source: | ||
| 4/14/2024 | Price change | $2,299,000-2.2%$835/sqft |
Source: | ||
| 11/14/2023 | Price change | $2,350,000-2.1%$854/sqft |
Source: | ||
| 8/8/2023 | Listed for sale | $2,400,000+576.1%$872/sqft |
Source: | ||
| 10/16/2001 | Sold | $355,000$129/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
- 10/10Bay Elementary SchoolGrades: K-5Distance: 5.6 mi
- 8/10Emerald Coast Middle SchoolGrades: 6-8Distance: 3.7 mi
- 8/10South Walton High SchoolGrades: 9-12Distance: 3.5 mi
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.







