Sold for $900,000
Zestimate®
$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#: 780243
Originating 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
| Date | Event | Price |
|---|---|---|
| 12/2/2025 | Sold | $900,000-6.2%$1,084/sqft |
Source: | ||
| 10/23/2025 | Pending sale | $959,000$1,155/sqft |
Source: | ||
| 10/10/2025 | Listed for sale | $959,000$1,155/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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
- 10/10Bay Elementary SchoolGrades: K-5Distance: 6.5 mi
- 8/10Emerald Coast Middle SchoolGrades: 6-8Distance: 4.1 mi
- 8/10South Walton High SchoolGrades: 9-12Distance: 0.7 mi
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
2% more+$18,000
With Zillow Showcase(estimated)$918,000
