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Sold for $900,000
  • $900,000

    81 Bay Magnolia Ln, Santa Rosa Beach, FL 32459

    2beds
    830sqft
    Single Family Residence
    Built in 1960
    0.33 Acres Lot
    $900,000 Zestimate®
    $1,084/sqft
    $2,146 Estimated rent

    Home value

    $900,000

    $855,000 - $945,000

    $2,146/mo

    Zestimate® history
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    What's special

    Currently Under Contract - Seller is Accepting Back Up Offers. Discover an extraordinary WATERFRONT opportunity to build your dream home along the pristine waters of the Choctawhatchee Bay. Offering 77 feet of direct Bay frontage and spanning .33 acres, this homesite captures the essence of coastal living. 81 Bay Magnolia Lane in Santa Rosa Beach, Florida is where sunrises shimmer across the water and evenings bring tranquil breezes and pure views off the Bay. It's a dream to live with your boat in your backyard and on this waterfront property, you can! Put the boat down in the morning and head to Crab Island for the day where you'll enjoy all that the coastal life offers on the Bay. Perfectly positioned just 10 minutes from the sugar-white sands and turquoise waters of Highway 30A, this location offers the best of both worlds with easy, quick access to charming coastal towns like Rosemary Beach, Alys Beach, WaterSound and Grayton Beach. This peaceful, bayfront homesite offers easy access to world-class beaches, dining, and entertainment in a highly desirable location with NO HOA. Enjoy a short stroll to local favorites like The Bay Restaurant and North Beach Social, where sunsets, family-friendly dining and live music set the tone for laid-back coastal living. This property is in Zone X and surrounded by beautifully designed neighboring homes with mature trees and stunning Bay views. This presents an exceptional canvas for your custom waterfront retreat where you can remove the existing block home and garage carriage house and built your home or renovate the existing home and enjoy the Florida cottage style that rarely exists. With sweeping views, walkability, and proximity to the heart of South Walton, this is more than a homesite. It's truly a lifestyle. Buyer to verify all measurements. Existing structures on property will be sold AS-IS.

    Zillow last checked: 8 hours ago

    Listing updated: February 20, 2026 at 08:16am

    Listed by:

    Sostheim Group 850-814-4560,

    Corcoran Reverie

    Bought with:

    Chris Sause, BK3233999

    Berkshire Hathaway HomeServices PenFed

    Source: CPAR,MLS#: 780243MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom
    • Level: First
    • Dimensions: 1 x 1
    Bedroom
    • Level: First
    • Dimensions: 1 x 1
    Interior area
    • Total structure area: 830
    • Total interior livable area: 830 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Has view: Yes
    • View description: Bay
    • Has water view: Yes
    • Water view: Bay
    • Waterfront features: Bayfront
    • Frontage length: 77
    Lot
    • Size: 0.33 Acres
    • Dimensions: 73' x 187' x 77' x 188'
    Details
    • Additional structures: Garage(s)
    • Parcel number: 292S19240700010050
    • Zoning description: Resid Single Family
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Florida
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1960

    Utilities & green energy

    • Sewer: Public Sewer

    Community & neighborhood

    Community
    • Community features: Short Term Rental Allowed
    Location
    • Region: Santa Rosa Beach
    • Subdivision: [No Recorded Subdiv]

    Price history

    DateEventPrice
    12/2/2025Sold$900,000-6.2%$1,084/sqft
    Source: CPAR #780243 Report a problem
    10/23/2025Pending sale$959,000$1,155/sqft
    Source: ECAOR #987284 Report a problem
    10/10/2025Listed for sale$959,000$1,155/sqft
    Source: ECAOR #987282 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$597 +5.5%$103,581 +3%
    2023$566 +2.7%$100,564 +3%
    2022$551 -0.4%$97,635 +3%

    Find assessor info on the county website

    Neighborhood: 32459

    Nearby schools

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

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

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    $900,000
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    With Zillow Showcase(estimated)$918,000