81 Bay Magnolia Lane, Santa Rosa Beach, FL 32459

$900,000
Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 830 Lot Size (sq. ft.): 14,375 Status: Sold
Current Price: $959,000 List Date: 10/10/2025 Last Modified: 12/03/2025

Description

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.

More Information MLS# 780243

Listing Info, Tax and Legal

HOA Fee: No New Buyer Fee: No Last Taxes: 572.76 Last Tax Year: 2024 Brokerage Interest: No Interest As Is: Yes

Contract Info

List Price/SqFt: 1155.42 Status: Sold List Date: 2025-10-10 List Price: $959,000 Current Price: $900,000

Location

Sub Area: 1202 – Walton – Santa Rosa Beach Community/Resort: None Waterfront: Yes Gulf Access: Yes Elementary School: Dune Lakes Middle School: Emerald Coast High School: South Walton Directions: Heading West on Highway 98, turn right onto Highway 331. Turn right onto Bay Magnolia Lane, just before The Bay Restaurant. Property is on the left. Area: 12 – Walton County Street #: 81 Street Name: Bay Magnolia Street Suffix: Lane State: FL Zip Code: 32459 County: Walton Subdivision: [No Recorded Subdiv] Parcel ID: 29-2S-19-24070-001-0050 Legal Description: LOT 5 BLK 1 MAGNOLIA S/D PB 2- 52 OR 416-448 OR 2738-3971 OR 2801-4799

General Property Info

Acreage: 0.33 Design: Florida Cottage Lot Size (SqFt): 14375 Apx SqFt(Htd/Cooled): 830 Immediate Occupancy: Yes Construction Status: Construction Complete SqFt Source: Prop App Site # of Stories in Building: 1 Lot Dimensions: 73′ x 187′ x 77′ x 188′ New Construction: No Garage Y/N: Yes Garage Spaces: 2 Driveway Spaces: 4 Pool: No Sub-Type: Detached Single Family Bedrooms: 2 Full Baths: 1 Total Baths: 1 Year Built: 1960

Remarks & Misc

Remarks: 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.

Status Change Info

Sold Price/SqFt: 1084.34 Sold Price/Acre: 2727272.73 Under Contract Date: 2025-10-22 Sold Date: 2025-12-02 Sold Price: $900,000

Waterfront Feature

Waterfront Feet: 77

Other Structures

Garage(s): 1

Financing

Cash: 1 Conventional: 1

Furnished

Unfurnished: 1

Lot Features

Within 1/2 Mile to Water: 1

Parking Features

Driveway: 1 Garage Attached: 1

Present Zoning

Resid Single Family: 1

Rooms

Bedroom: 1

Utilities

Electricity – Connected: 1 Public Sewer – Connected: 1 Public Water – Connected: 1

Waterview

Bay: 1

Sale Type

As Is: 1

Waterfront Type

Bay/Harbor: 1

Bedroom

First: 1

Property Features

Bedroom: First Financing: Cash; Conventional Furnished: Unfurnished Lot Features: Within 1/2 Mile to Water Parking Features: Driveway; Garage Attached Other Structures: Garage(s) Rooms: Bedroom Sale Type: As Is Utilities: Electricity – Connected; Public Sewer – Connected; Public Water – Connected Waterfront Type: Bay/Harbor Waterview: Bay Present Zoning: Resid Single Family

Room Information

Bedroom Level: First Dimensions: 1 x 1 Length: 1.00 Width: 1.00 Dimensions: 1 x 1 Bedroom Level: First Dimensions: 1 x 1 Length: 1.00 Width: 1.00 Dimensions: 1 x 1
Listing Office: Corcoran Reverie
Last Updated: December – 03 – 2025
Information deemed reliable but not guaranteed.