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176 Magnolia Street, Santa Rosa Beach, FL 32459 (MLS# 939464)

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176 Magnolia Street, Santa Rosa Beach, FL 32459

$5,200,000
Property Type: Residential Bedrooms: 5 Baths: 6 Square Footage: 4,835 Lot Size (sq. ft.): 6,970 Status: Active
Current Price: $5,200,000 List Date: 1/05/2024 Last Modified: 5/19/2024

Description

Welcome to Magnolia Manor, a like-new heirloom residence that capitalizes on all Grayton Beach has to offer. The home is situated atop one of the highest lots in Grayton, allowing unobstructed views of the Gulf of Mexico and the towering dunes of Grayton Beach State Park. The funky shops and restaurants are less than five minutes away on foot, and homeowners will find themselves taking the short stroll to the beach to really take in the summer sunsets. No detail was overlooked during the planning and construction of this home by Logan & Logan Construction of Santa Rosa Beach and Louisville, Kentucky. A true smart home, Magnolia Manor offers advanced security features, smart thermostat, four Navien tankless water heaters, a heated pool and spa-like outdoor areas.

Supplements: Custom flooring, millwork, appliances, and decor throughout the home underscore the luxury standard. Magnolia Manor has never been rented, but projections from outside companies range from $305,000 - $333,000 gross per year. The ground floor is perfectly designed for indoor-outdoor living. Brick tile floors mean no worries about sandy scuff marks, and an indoor seating area, flanked by a large kitchenette, can be opened up to truly bring the outside in. A bedroom suite finishes out the ground floor, where you can also take the custom elevator to the second and third floors above. The second floor is devoted primarily to living space. All three bedrooms, including the master, feature custom wood flooring, also found on the third floor. The primary bedroom is large and bright, with high ceilings and ample windows opening onto the private porch with sleeping swing. The primary bath is salon-like perfection, with white marble everywhere you look, and a separate soaking tub, making it the ideal place to relax after a long day at the beach. Elsewhere on the second floor are two large bedrooms, each with en-suite baths and access to the large second-floor balcony overlooking the pool toward the state park. The main living area of the home is on the third floor, where you'll find towering ceiling design, countless windows, and a gourmet kitchen featuring Thermador and Wolf appliances. There's a fifth bedroom on this floor as well, plus a small party pantry leading out to yet another huge balcony overlooking the state park. If you haven't gotten quite enough of the views yet, climb the spiral staircase to the fourth floor sundeck and take in 360* of Grayton Beach's nice dogs and strange people.

Open Houses

Sunday, May 19, 10:00 am - 2:00 pm
Sunday, May 19, 12:00 pm - 4:00 pm

More Information MLS# 939464

Status Change Info

Status: Active

Contract Info

List Date: 2024-01-03 Current Price: $5,200,000 List Price: $5,200,000 List Price/SqFt: 1075.49 Listing Board: Emerald Coast

Location, Tax and Legal

Area: 17 - 30A West Street #: 176 Street Name: Magnolia Street Suffix: Street State: FL Zip Code: 32459 County: Walton Sub Area: 1705 - SRB South of 30A Project Name/Subdivision: GRAYTON BEACH Parcel ID: 17-3S-19-25020-016-0031 Elementary School: Dune Lakes Middle School: Seaside High School: South Walton Legal Description: THE E 1/2 OF PALMETTO AVE IN BUTLERS 2ND ADD TO GRAYTON BCH S/D PB 2-28

General Property Info

Sub-Type: Detached Single Family Design: Beach House Apx SqFt(Htd/Cooled): 4835 SqFt Source: County PA Records Bedrooms: 5 Full Baths: 5 Half Baths: 1 Total Bathrooms: 6 # Stories: 4 Year Built: 2022 Immediate Occupancy: Yes Garage: Yes Carport: No Garage Spaces: 2 Driveway Spaces: 4 Acreage: 0.16 Pool: Yes Pool Type: Private

Listing Info, Tax & Legal

Homestead: No Assessment Fees: No Is Subject Leased: No New Buyer Fee: No Last Taxes: 13122 Last Tax Year: 2023 Brokerage Interest: No Interest As Is: No

Remarks & Misc

Remarks: Welcome to Magnolia Manor, a like-new heirloom residence that capitalizes on all Grayton Beach has to offer. The home is situated atop one of the highest lots in Grayton, allowing unobstructed views of the Gulf of Mexico and the towering dunes of Grayton Beach State Park. The funky shops and restaurants are less than five minutes away on foot, and homeowners will find themselves taking the short stroll to the beach to really take in the summer sunsets. No detail was overlooked during the planning and construction of this home by Logan & Logan Construction of Santa Rosa Beach and Louisville, Kentucky. A true smart home, Magnolia Manor offers advanced security features, smart thermostat, four Navien tankless water heaters, a heated pool and spa-like outdoor areas.

Office/Member Info

Single Agent Comp: 2.5 Single Agent Comp Type: % Trans Broker Comp: 2.5 Trans Broker Comp Type: % Non-Rep Comp: 2.5 Non-Rep Comp Type: %

Lot Features

Coastal Barrier Zone: No

Property Features

Construction Status: Construction Complete Lot/Parcel Access: County Road; Paved Road Lot Features: Level; Within 1/2 Mile to Water Zoning: Resid Single Family Waterview: Coastal Dune Lakes; Gulf Parking Features: Garage Attached; Other Construction/Siding: Roof Metal; Siding CmntFbrHrdBrd Exterior: Balcony; BBQ Pit/Grill; Cabana; Deck Covered; Deck Enclosed; Deck Open; Fenced Back Yard; Fenced Lot-All; Fenced Privacy; Fireplace; Hot Tub; Patio Covered; Pool - Gunite Concrt; Pool - Heated; Pool - In-Ground; Porch; Porch Open; Porch Screened; Shower; Summer Kitchen Interior: Breakfast Bar; Ceiling Vaulted; Elevator; Fireplace; Fireplace Gas; Floor Hardwood; Furnished - None; Kitchen Island; Owner's Closet; Pantry; Plantation Shutters; Washer/Dryer Hookup; Wet Bar Appliances: Auto Garage Door Opn; Cooktop; Dishwasher; Dryer; Ice Machine; Microwave; Oven Double; Range Hood; Refrigerator; Refrigerator W/IceMk; Security System; Smoke Detector; Stove/Oven Gas; Washer; Wine Refrigerator Utilities: Community Sewer; Electric; Gas - Natural; Phone; Public Water; TV Cable Energy: AC - 2 or More; AC - Central Elect; Heat Cntrl Electric; Storm Doors; Tinted Windows; Water Heater - Tnkls Mstr Bdrm/Mstr Bath: MBath Bidet; MBath Double Vanity; MBath Dressing Area; MBath Garden Tub; MBath Separate Shwr; MBath Tile; MBath Walk-In Closet; MBed Balcony; MBed Cthdrl Ceiling Master Bedroom: Second Bedroom: First; Second; Third Kitchen: First; Third Living Room: First; Third Rooms: Bedroom; Bunk Room; Dining Area; Kitchen; Living Room; Loft; Master Bedroom Assumable Mtg Typ: Conventional ARM; Conventional Balloon; Conventional Bond; Conventional Fixed Financing: Conventional; None

Room Information

Bedroom Level: First Dimensions: 12 x 14 Length: 12.00 Width: 14.00 Remarks: Attached bath serves living room Dimensions: 12 x 14 Living Room Level: First Dimensions: 16 x 16 Length: 16.00 Width: 16.00 Dimensions: 16 x 16 Kitchen Level: First Dimensions: 8 x 14 Length: 8.00 Width: 14.00 Remarks: Easily accessible from pool Dimensions: 8 x 14 Master Bedroom Level: Second Dimensions: 15 x 15 Length: 15.00 Width: 15.00 Remarks: En suite bath Dimensions: 15 x 15 Bedroom Level: Second Dimensions: 16 x 12 Length: 16.00 Width: 12.00 Remarks: En suite bath Dimensions: 16 x 12 Bedroom Level: Second Dimensions: 14 x 12 Length: 14.00 Width: 12.00 Remarks: En suite bath Dimensions: 14 x 12 Bunk Room Level: Second Dimensions: 14 x 8 Length: 14.00 Width: 8.00 Dimensions: 14 x 8 Living Room Level: Third Dimensions: 19 x 20 Length: 19.00 Width: 20.00 Dimensions: 19 x 20 Kitchen Level: Third Dimensions: 18 x 9 Length: 18.00 Width: 9.00 Dimensions: 18 x 9 Dining Area Level: Third Dimensions: 19 x 9 Length: 19.00 Width: 9.00 Dimensions: 19 x 9 Bedroom Level: Third Dimensions: 15 x 12 Length: 15.00 Width: 12.00 Remarks: En suite bath Dimensions: 15 x 12 Loft Level: Fourth Dimensions: 8 x 6 Length: 8.00 Width: 6.00 Remarks: Leads to observation deck Dimensions: 8 x 6
Listing Office: Corcoran Reverie SRB
Last Updated: May - 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.

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Scott Markowitz

Scott Markowitz has been a top producing real estate agent on 30A helping his clients find the perfect property for the past 13 years on 30A. Scott began his real estate career over 35 years ago in the Savannah and St. Simons area in Georgia. He has experience in both residential and commercial real estate. Scott lives on 30A and thoroughly enjoys all that 30-A living has to offer. He’s an extraordinary individual with an in-depth knowledge about homes, condos, and land in and around 30A. Since 2009, Scott has become one of the most successful real estate agents in the area. He is perennially in the top 1% of agents in volume along 30A. Whether you are looking to purchase for pleasure or investment along 30A, Scott would love to meet with you.

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