*Motivated Seller *Prominently positioned just a short distance from the turquoise-hued waters of 30A, this lakefront coastal cottage spans two distinct levels, perfectly designed for entertaining and comfort. Upon entering, the living area reveals a curated design and boasts a banquet of windows that flood the spacious interiors with abundant natural light. The beautifully upgraded kitchen features new modern cabinetry, stunning quartz countertops paired with a beautiful glass-tiled backsplash, and a stainless-steel appliance package. The first floor also includes a junior suite with gorgeous lake views, a full bath, pantry, and laundry. The bright and airy primary suite, situated on the second floor, offers private access to a covered porch, the perfect place to admire the unique palette of mesmerizing hues and colors provided by the famed Emerald Coast sunsets each night. The sumptuous ensuite features an extended vanity, walk-in shower, and soaking tub. Two additional guest suites, each generous in size, have gorgeous views and share a full bath and complete the second level.
Tucked behind a private gated entry, the sought-after community of Old Florida Cottages affords residents and guests access to two community pools with lounge areas, walking trails, plenty of guest parking, and close proximity to public beach accesses.
The culmination of luxury and exclusiveness creates an intimate setting while remaining geographically poised near all the acclaimed dining and entertainment 30A has to offer. With impressive rental potential and projections exceeding $65,000 in annual revenue and a turn-key configuration, this is a compelling opportunity for both investors and full-time residents alike. Schedule a private viewing today and start living the coastal lifestyle you deserve!!
Sold for $850,000 on 03/03/25
$850,000
248 Hidden Lake Way, Santa Rosa Beach, FL 32459
4beds
1,629sqft
Single Family Residence
Built in 2005
3,484.8 Square Feet Lot
$846,800 Zestimate®
$522/sqft
$3,829 Estimated rent
Home value
$846,800
$762,000 - $940,000
$3,829/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: March 03, 2025 at 11:07am
Listed by:
Robert A Augustine 850-226-3727,
Corcoran Reverie SRB
Bought with:
Robert A Augustine, 3388166
Corcoran Reverie SRB
Source: ECAOR,MLS#: 963366
Originating MLS: Emerald Coast
Originating MLS: Emerald CoastFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Features: MBed Balcony, MBed Sitting Area
- Level: Second
Primary bathroom
- Features: MBath Dressing Area, Soaking Tub, MBath Separate Shwr, MBath Tile
Kitchen
- Level: First
Living room
- Level: First
Heating
- Electric
Cooling
- AC - 2 or More, Electric, Ceiling Fan(s)
Appliances
- Included: Electric Water Heater
Features
- Breakfast Bar, Recessed Lighting, Newly Painted, Owner's Closet, Pantry, Renovated, Wallpaper, Bedroom, Full Bathroom, Kitchen, Living Room, Master Bathroom, Master Bedroom
- Flooring: Tile, Vinyl
- Windows: Window Treatmnt Some
- Furnished: Yes
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,629
- Total interior livable area: 1,629 sqft
Property
Parking
- Total spaces: 3
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Stories: 2
- Patio & porch: Porch
- Exterior features: Balcony
- Pool features: Community
- Has view: Yes
- View description: Lake, Pond, Water
- Has water view: Yes
- Water view: Lake,Pond,Water
- Waterfront features: Beach
Lot
- Size: 3,484 sqft
- Dimensions: 37.50 x 98
- Features: Controlled Access, Cleared, Covenants, Easements, Interior Lot, Level, Restrictions, Survey Available, Within 1/2 Mile to Water
Details
- Parcel number: 023S20343000000260
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Florida Cottage
- Property subtype: Single Family Residence
Materials
- Frame, Siding CmntFbrHrdBrd, Trim Wood
- Foundation: Foundation On Piling
- Roof: Metal
Condition
- Construction Complete
- Year built: 2005
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Phone Connected, Tap Fee Paid, Cable Connected
Community & neighborhood
Community
- Community features: Gated, Pool
Location
- Region: Santa Rosa Beach
- Subdivision: Old Florida Village
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $650 quarterly
- Services included: Master Association, Recreational Faclty
Other
Other facts
- Listing terms: Conventional,FHA,Other,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/3/2025 | Sold | $850,000-5.5%$522/sqft |
Source:  ECAOR #963366 | ||
| 2/6/2025 | Pending sale | $899,000$552/sqft |
Source: ECAOR #963366 | ||
| 1/1/2025 | Price change | $899,000-2.8%$552/sqft |
Source: ECAOR #963366 | ||
| 11/20/2024 | Listed for sale | $925,000$568/sqft |
Source: ECAOR #963366 | ||
| 11/13/2024 | Listing removed | $925,000-4.1%$568/sqft |
Source: ECAOR #956372 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,195 +17.6% | $678,262 +38.9% |
| 2023 | $5,269 +1.5% | $488,321 +10% |
| 2022 | $5,190 +32.9% | $443,928 +10% |
Find assessor info on the county website
Neighborhood: 32459
Nearby schools
GreatSchools rating
- 10/10Bay Elementary SchoolGrades: K-5Distance: 8.9 mi
- 8/10Emerald Coast Middle SchoolGrades: 6-8Distance: 6.6 mi
- 8/10South Walton High SchoolGrades: 9-12Distance: 3.3 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.
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$846,800
2% more+ $16,936
With Zillow Showcase(estimated)
$863,736