$2,450,000
Santa Rosa Beach, FL 32459
MLS# 930864
4 beds | 4 baths | 3136 sqft
1 / 63
Property Description
Two homes and an adjacent buildable lot for the price of one! Saltaire features a three bedroom plus oversized bunk room main home and an attached fully-appointed one-bedroom guest house with separate entrance and hot tub. It generated over $260k gross rental income in 2023! Together, both homes offer flexibility and several rental options: main home that sleeps 14, guest home that sleeps 4, or both together to accommodate 18! In addition to the 2 homes and no HOA, a savvy investor will appreciate the potential of the adjacent deeded lot. A little known entrance to Point Washington State Preserve is steps away from this home, boasting miles of hiking trails with a scenic walk through majestic Cypress Grove trees, while adding seclusion and privacy to the neighborhood.
Details
Status Change Info
Status: Active
Contract Info
List Date: 2023-08-25
Current Price: $2,450,000
List Price: $2,450,000
List Price/SqFt: 781.25
Listing Board: Emerald Coast
Location, Tax and Legal
Area: 18 - 30A East
Street #: 107
Street Name: Cypress Grove
Street Suffix: Lane
State: FL
Zip Code: 32459
County: Walton
Sub Area: 1802 - S. of 98 W of Camp Creek
Project Name/Subdivision: N/A
Parcel ID: 24-3S-19-25000-017-0070
Elementary School: Dune Lakes
Middle School: Emerald Coast
High School: South Walton
Legal Description: COM SE/C NE4 OF NW4, RUN W 140 FT, N 01 DEG 04 MIN 30 SEC E 40 FT TO POB, RUN N 01 DEG 04 MIN 30 SEC E ALONG R/W 100 FT, RUN W 100 FT, S 01 DEG 04 MIN 30 SEC W 100 FT TO N ROW OF RD, THEN E 100 FT TO POB OR 2787-3675 OR 2844-1900 ALSO COM SE/COR OF NE1/4 OF NW1/4 SEC 24-3S-19W,N 90 DEG 00'00W 140.00 FT,N 01 DEG 16'24E 40.04 FT TO W ROW CYPRESS GROVE LANE,N 01 DEG 03'25E 100.06 FT FOR POB,S 90 DEG
General Property Info
Sub-Type: Detached Single Family
Design: Mediterranean
Apx SqFt(Htd/Cooled): 3136
SqFt Source: County PA Records
Bedrooms: 4
Full Baths: 4
Total Bathrooms: 4
# Stories: 1
Year Built: 2011
Immediate Occupancy: Yes
Garage: Yes
Carport: No
Garage Spaces: 2
Driveway Spaces: 6
Acreage: 0.3
Pool: Yes
Pool Type: Private
Listing Info, Tax & Legal
Assessment Fees: No
Is Subject Leased: No
New Buyer Fee: No
Last Taxes: 12264.78
Last Tax Year: 2022
Brokerage Interest: No Interest
As Is: No
Remarks & Misc
Remarks: Two homes and an adjacent buildable lot for the price of one! Saltaire features a three bedroom plus oversized bunk room main home and an attached fully-appointed one-bedroom guest house with separate entrance and hot tub. It generated over $260k gross rental income in 2023! Together, both homes offer flexibility and several rental options: main home that sleeps 14, guest home that sleeps 4, or both together to accommodate 18! In addition to the 2 homes and no HOA, a savvy investor will appreciate the potential of the adjacent deeded lot. A little known entrance to Point Washington State Preserve is steps away from this home, boasting miles of hiking trails with a scenic walk through majestic Cypress Grove trees, while adding seclusion and privacy to the neighborhood.
Office/Member Info
Single Agent Comp: 2.5
Single Agent Comp Type: %
Trans Broker Comp: 2.5
Trans Broker Comp Type: %
Non-Rep Comp: 2
Non-Rep Comp Type: %
Property Features
Sale Type: Accept Backup Offers
Construction Status: Construction Complete
Lot/Parcel Access: Private Road
Lot Features: Survey Available; Within 1/2 Mile to Water
Zoning: Resid Single Family
Parking Features: Boat; Garage Attached; Golf Cart Open; RV
Project Facilities: Pool; Short Term Rental - Allowed
Construction/Siding: Frame; Roof Composite Shngl; Stucco; Trim Wood
Exterior: BBQ Pit/Grill; Fenced Back Yard; Fenced Privacy; Fireplace; Guest Quarters; Hot Tub; Patio Open; Pool - In-Ground; Separate Living Area; Shower; Sprinkler System
Interior: Fireplace; Floor Tile; Furnished - All; Guest Quarters; Kitchen Island; Lock Out; Pantry; Washer/Dryer Hookup; Window Treatment All
Appliances: Auto Garage Door Opn; Dryer; Microwave; Refrigerator; Refrigerator W/IceMk; Stove/Oven Gas; Washer; Wine Refrigerator
Utilities: Electric; Gas - Natural; Public Sewer; Public Water; TV Cable
Energy: Ceiling Fans; Heat Cntrl Electric; Water Heater - Elect
Mstr Bdrm/Mstr Bath: MBath Double Vanity; MBath Garden Tub; MBath Separate Shwr; MBath Tile; MBed First Floor; MBed Walk-in Closet
Master Bedroom: First
Bedroom: First; Second
Living Room: First
Rooms: Bedroom; Dining Area; Living Room; Master Bathroom; Master Bedroom
Financing: Conventional; FHA; Other
Supplements
The newly redesigned main home's layout with the master and two bedrooms on the main floor, all with king size beds, offers convenience and accessibility.
The open concept kitchen, dining, and living area are a great design for bringing people together and enjoying the views of the indoor and outdoor spaces.
The outdoor area of Saltaire is a fantastic space for guests to unwind and have fun. Custom-designed and built in 2022, the heated saltwater pool with spa and sun deck is sure to be a crowd pleaser. Additional outdoor amenities include table tennis, corn hole, fireplace, and an additional hot tub. The multiple sitting areas on the local Seaside coral patio provide versatility, allowing guests to find their preferred spot to unwind after a day at the beach or to socialize around the pool while grilling or dining al fresco.
The fun continues inside the open-wide patio doors. Indoor amenities include a full-size pool table, a fireplace, and smart TVs throughout the home. With a ten-person dining table and kitchen island that seats six, there is room for the entire crew. The teens have an area to themselves with the custom bunks that sleep six and a room adorned with Air Hockey, Smart TV, refrigerator and microwave.
The oversized lot with various possibilities adds another layer of potential to the property. The fact that it's cleared and adorned with foliage for garden parties suggests a charming and picturesque setting. The idea of adding a small cottage for additional rental income or even a pickleball court is exciting and offers versatility for future development. There is a Pickleball court rendering in the mls photos for a preview of one possibility!
The property's proximity to 30A's famous beaches, award-winning restaurants, shopping, and entertainment is undoubtedly a strong selling point. There are 7 public beach accesses within one mile! The convenience of a golf cart ride to these attractions makes the location even more appealing to homeowners and guests seeking a vibrant and enjoyable vacation experience. The fact that Saltaire has repeat guests and consistently stays booked speaks volumes about its appeal and popularity. It's clear that the property offers a desirable combination of comfort, entertainment, and location. For those interested, contacting a realtor to schedule a showing seems like a great way to explore all that Saltaire has to offer firsthand.
Room Information
| Room Name | Level | Dimensions | Length | Width | Dimensions |
| Living Room | First | 22 x 14 | 22.00 | 14.00 | 22 x 14 |
| Dining Area | First | 18 x 14 | 18.00 | 14.00 | 18 x 14 |
| Master Bedroom | First | 18 x 12 | 18.00 | 12.00 | 18 x 12 |
| Master Bathroom | First | 16 x 6 | 16.00 | 6.00 | 16 x 6 |
| Bedroom | First | 10 x 12 | 10.00 | 12.00 | 10 x 12 |
| Bedroom | Second | 20 x 10 | 20.00 | 10.00 | 20 x 10 |
Listing Office: The Ketchersid Group LLC
Last Updated: April - 19 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.
