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!
Pending
Price cut: $95K (2/7)
$1,700,000
58 Initial Ln, Santa Rosa Beach, FL 32459
4beds
2,428sqft
Est.:
Single Family Residence
Built in 1984
0.33 Acres Lot
$-- Zestimate®
$700/sqft
$-- HOA
What's special
Waterfront gemModern eleganceCompletely remodeled kitchenSecluded sitting roomDeep-water bayouUpscale finishesBreathtaking sunsets
- 349 days |
- 179 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: February 24, 2026 at 02:43pm
Listed by:
Courtney W Stubley 850-502-7566,
The Premier Property Group Seacrest Office
Source: ECAOR,MLS#: 972373
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Level: First
- Area: 240 Square Feet
- Dimensions: 15 x 16
Bedroom
- Level: First
- Area: 140 Square Feet
- Dimensions: 10 x 14
Bedroom
- Level: First
- Area: 126.35 Square Feet
- Dimensions: 9.5 x 13.3
Bedroom
- Level: First
- Area: 216 Square Feet
- Dimensions: 16 x 13.5
Breakfast room
- Level: First
- Area: 130 Square Feet
- Dimensions: 13 x 10
Dining room
- Level: First
- Area: 186 Square Feet
- Dimensions: 15.5 x 12
Foyer
- Level: First
- Area: 105 Square Feet
- Dimensions: 10 x 10.5
Living room
- Level: First
- Area: 175.5 Square Feet
- Dimensions: 13 x 13.5
Sitting room
- Description: Attached to Master Bedroom
- Level: First
- Area: 135 Square Feet
- Dimensions: 9 x 15
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Double Oven, Range Hood, Refrigerator, Washer
Features
- Walls Paneled
- 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: Garage Door Opener, Boat, Detached, Oversized
- Garage spaces: 1
Features
- Stories: 1
- Exterior features: Boatlift, Dock
- Fencing: Full,Privacy
- Has view: Yes
- View description: Bayou
- Has water view: Yes
- Water view: Bayou
- Waterfront features: Bayou, Seawall
Lot
- Size: 0.33 Acres
- Dimensions: 96 x 191 x 162 x 110
- Features: 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
- Property subtype: Single Family Residence
Materials
- Brick, Siding CmntFbrHrdBrd
- Roof: Metal
Condition
- Construction Complete,Renovated
- New construction: No
- Year built: 1984
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: UNRECORDED SUBDIVISION
Location
- Region: Santa Rosa Beach
Financial & listing details
- Price per square foot: $700/sqft
- Tax assessed value: $597,688
- Annual tax amount: $3,078
- Date on market: 4/17/2025
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/24/2026 | Pending sale | $1,700,000$700/sqft |
Source:  ECAOR #972373 Report a problem | ||
| 2/7/2026 | Price change | $1,700,000-5.3%$700/sqft |
Source: ECAOR #972373 Report a problem | ||
| 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 | ||
| 8/31/2024 | Price change | $1,965,000+0.8%$809/sqft |
Source: ECAOR #957040 Report a problem | ||
| 8/15/2024 | Listed for sale | $1,950,000+77.3%$803/sqft |
Source: ECAOR #957040 Report a problem | ||
| 9/14/2022 | Sold | $1,100,000-17%$453/sqft |
Source: ECAOR #902940 Report a problem | ||
| 9/2/2022 | Pending sale | $1,325,000$546/sqft |
Source: ECAOR #902940 Report a problem | ||
| 8/15/2022 | Price change | $1,325,000-5.8%$546/sqft |
Source: ECAOR #902940 Report a problem | ||
| 7/6/2022 | Listed for sale | $1,407,000+216.2%$579/sqft |
Source: ECAOR #902940 Report a problem | ||
| 12/9/2003 | Sold | $445,000$183/sqft |
Source: Public Record 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% |
| 2021 | $2,875 -1.6% | $334,680 +1.4% |
| 2020 | $2,923 +3.2% | $330,059 +2.3% |
| 2019 | $2,833 | $322,638 +1.9% |
| 2018 | $2,833 +1.7% | $316,622 +2.1% |
| 2017 | $2,785 +2.9% | $310,110 +2.1% |
| 2016 | $2,705 +1.4% | $303,732 +0.7% |
| 2015 | $2,669 -0.8% | $301,621 +0.8% |
| 2014 | $2,691 | $299,227 -0.6% |
| 2013 | -- | $301,023 -0.6% |
| 2012 | -- | $302,818 -3% |
| 2011 | -- | $312,096 -5.6% |
| 2010 | -- | $330,518 -19.6% |
| 2009 | -- | $410,961 -9.9% |
| 2008 | -- | $456,219 +2.7% |
| 2007 | -- | $444,131 +5.9% |
| 2005 | -- | $419,547 +61.5% |
| 2004 | -- | $259,718 +98.6% |
| 2003 | -- | $130,797 +2.4% |
| 2002 | -- | $127,731 +1.6% |
| 2001 | -- | $125,719 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$10,139/mo
Principal & interest
$8821
Property taxes
$1318
More affordability tools
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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- 58 Initial Ln
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