Welcome to 58 Initial Lane, a beautifully remodeled waterfront gem that combines luxurious living with serene natural beauty. This unique home features 4 bedrooms and 3 bathrooms all on one level, designed with meticulous attention to detail for ultimate ease of living. The interior showcases original hardwood floors and upscale finishes throughout, with a completely remodeled kitchen and bathrooms that add a touch of modern elegance. Step outside to discover your private dock and boat lift, set on a deep-water bayou with direct access to Choctawhatchee Bay. Ideal for fishing enthusiasts, the property offers breathtaking sunsets and a tranquil setting in a quiet neighborhood with no HOA restrictions. Every detail of this home has been thoughtfully designed to enhance comfort and style. The standout feature is the waterfront primary bedroom, which includes a private, secluded sitting room perfect for relaxation. The spa-like master bathroom is a highlight, featuring an original clawfoot tub that adds a touch of timeless elegance. Don't miss this rare opportunity to own a piece of waterfront paradise. Schedule your private showing today!
For sale
$1,795,000
58 Initial Ln, Santa Rosa Beach, FL 32459
4beds
2,428sqft
Est.:
Single Family Residence
Built in 1984
0.33 Acres Lot
$-- Zestimate®
$739/sqft
$-- HOA
What's special
Waterfront gemModern eleganceCompletely remodeled kitchenSecluded sitting roomDeep-water bayouUpscale finishesBreathtaking sunsets
- 255 days |
- 403 |
- 25 |
Zillow last checked: 8 hours ago
Listing updated: September 03, 2025 at 02:28am
Listed by:
Courtney W Stubley 850-502-7566,
The Premier Property Group Seacrest Office
Source: ECAOR,MLS#: 972373
Originating MLS: Emerald Coast
Originating MLS: Emerald CoastTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Features: MBed First Floor, MBed Sitting Area, MBed Waterfront
- Level: First
Bedroom
- Level: First
Primary bathroom
- Features: Double Vanity, MBath Separate Shwr, MBath Tile, Walk-In Closet(s)
Living room
- Level: First
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Double Oven, Range Hood, Refrigerator, Washer
Features
- Renovated, Walls Paneled, Bedroom, Breakfast Room, Dining Room, Entrance Foyer, Living Room, Master Bedroom, Sitting Room
- Flooring: Hardwood
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,428
- Total interior livable area: 2,428 sqft
Property
Parking
- Total spaces: 1
- Parking features: Boat, Detached, Garage Detached, Oversized, Garage Door Opener
- Garage spaces: 1
Features
- Stories: 1
- Exterior features: Boatlift, Dock
- Pool features: None
- Fencing: Full,Privacy
- Has view: Yes
- View description: Bayou
- Has water view: Yes
- Water view: Bayou
- Waterfront features: Bayou
- Frontage type: Water
- Frontage length: Water: 95
Lot
- Size: 0.33 Acres
- Dimensions: 96 x 191 x 162 x 110
- Features: Bulkhead/Seawall, Cul-De-Sac, Within 1/2 Mile to Water
Details
- Additional structures: Yard Building
- Parcel number: 242S21422730000060
- Zoning description: Resid Single Family
- Special conditions: Accept Backup Offers
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman Style
- Property subtype: Single Family Residence
Materials
- Brick, Siding CmntFbrHrdBrd
- Roof: Metal
Condition
- Construction Complete
- Year built: 1984
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: Unrecorded Subdivision
Location
- Region: Santa Rosa Beach
Financial & listing details
- Price per square foot: $739/sqft
- Tax assessed value: $597,688
- Annual tax amount: $3,078
- Date on market: 4/17/2025
- Cumulative days on market: 256 days
- Listing terms: Conventional,VA Loan
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2025 | Price change | $1,795,000-3.8%$739/sqft |
Source:  ECAOR #972373 Report a problem | ||
| 4/17/2025 | Listed for sale | $1,865,000-1.6%$768/sqft |
Source: ECAOR #972373 Report a problem | ||
| 10/12/2024 | Listing removed | $1,895,000$780/sqft |
Source: ECAOR #957040 Report a problem | ||
| 10/5/2024 | Price change | $1,895,000-2.8%$780/sqft |
Source: ECAOR #957040 Report a problem | ||
| 9/9/2024 | Price change | $1,950,000-0.8%$803/sqft |
Source: ECAOR #957040 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,078 +3.9% | $375,256 +3% |
| 2023 | $2,962 +4.3% | $364,326 +5.7% |
| 2022 | $2,841 -1.2% | $344,720 +3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$10,911/mo
Principal & interest
$8892
Property taxes
$1391
Home insurance
$628
Climate risks
Neighborhood: 32459
Nearby schools
GreatSchools rating
- 9/10Van R. Butler Elementary SchoolGrades: K-5Distance: 3.4 mi
- 8/10Emerald Coast Middle SchoolGrades: 6-8Distance: 11.5 mi
- 8/10South Walton High SchoolGrades: 9-12Distance: 7.2 mi
Schools provided by the listing agent
- Elementary: Van R Butler
- 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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