Lot 1 Bay Magnolia Lane, Santa Rosa Beach, FL 32459
BAY MAGNOLIA · Walton County
Key Facts
Description
1 of 3 exclusive bayou front lots available with the Development Order already approved, making this a rare opportunity to secure a waterfront homesite in Santa Rosa Beach before development advances. Located in the private Rosestar Subdivision off Bay Magnolia Lane, this property offers the best of coastal living with boat slips permitted for easy access to boating, kayaking, paddleboarding, fishing, and endless waterfront adventures right from your property. A gravel access road will be added as part of the development while preserving the natural beauty, privacy, and peaceful waterfront character that make this property so special. The lot also offers flexibility for future development while maintaining the surrounding natural environment. An HOA is in place with no HOA dues and exists solely to maintain the subdivision's shared 3 acre wetlands common area. Ownership of the common area is limited to Lot 1 and Lot 2 owners, who will enjoy deeded access for a future boat dock and/or gazebos, enhancing the waterfront lifestyle while helping keep the individual homesites in desirable Flood Zone X. Opportunities like this are becoming increasingly rare, offering approved development, boating access, natural beauty, privacy, and long term value in one exceptional waterfront location.
Property Information
Property Type
Land
Sub-Type
Unimproved Land
Lot Size
0.11 acres
Lot Dimensions
41X77x75
Zoning
Resid Single Family
Days on Market
101
MLS® Listing#
997990
Property Features
Lot Features
Utilities
Water Source
Schools
- Elementary:
- Dune Lakes
- Middle:
- Emerald Coast
- High:
- South Walton
Financial Details
Annual Taxes
$2,783
Tax year 2025
Parcel Number
29-2S-19-24000-004-0050
Directions
From Highway 98 and 331 intersection; go North on 331. Take the last right before the bridge (turn in front of The Bay Restaurant) onto Bay Magnolia. Take Bay Magnolia Ln until you meet cedar st. There will be a private rd on your left. Lots will be down to your left.
Affordability Calculator
$110,600
Estimated monthly payment
$2,943/mo
Principal $442,400 · Est. interest $617,187 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Santa Rosa Beach, FL
- $502,786
- Median Listing Price
- 113
- Median Days on Market
- 1,423
- Median Sq Ft
- $383
- Median Price / Sq Ft
- 27,869
- Active Listings
- This home’s price is 10% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Santa Rosa Beach, FL.
Location
- Lot 1 Bay Magnolia Lane, Santa Rosa Beach, FL 32459
Points of Interest in Santa Rosa Beach, FL
Showing the Santa Rosa Beach area map.
Nearby Schools
South Walton High School
Secondary · 0.6 mi away
The Tree House Episcopal Montessori School
Elementary · 3.1 mi away
Bay Elementary School
Elementary · 3.5 mi away
South Walton Montessori Academy
Elementary · 3.6 mi away
The Preschool at Point Washington
School · 3.7 mi away
Emerald Coast Middle School
Secondary · 4.0 mi away
Seaside Neighborhood School
Elementary · 5.0 mi away
Emerald Coast Middle School
School · 5.5 mi away
Van R Butler Elementary School
Elementary · 5.5 mi away
Dune Lakes Elementary School
Elementary · 6.5 mi away
Freeport Middle School
Secondary · 8.3 mi away
Freeport Elementary School
Elementary · 8.8 mi away
Gateway Academy
School · 10.7 mi away
Freeport High School
Secondary · 11.4 mi away
Ohana Institute
School · 12.1 mi away
Naval School Explosive Ordnance Disposal
School · 14.3 mi away
Destin Middle School
Secondary · 15.0 mi away
Destin High School
Secondary · 16.1 mi away
Bluewater Elementary School
Elementary · 16.2 mi away
Ashnick Academy
School · 18.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 218 OCEAN HAMMOCK LOOP, DAYTONA BEACH, FL | $387,500 | 2 | 2 | 1,303 |
| 801 S Federal Highway 308, Pompano Beach, FL | $387,500 | 2 | 2 | 1,210 |
| 2630 W 28th Street, Riviera Beach, FL | $387,500 | 3 | 2 | 1,324 |
| 316 Robinson Bluff Road, Panama City Beach, FL | $387,569 | 3 | 2 | 1,302 |
| 1731 Presidential Way C-203, West Palm Beach, FL | $387,750 | 2 | 2 | 1,408 |
| 3028 Kingsman Trail, Ormond Beach, FL | $387,990 | 4 | 2 | 2,034 |
Moving Cost Estimate
EXIT Agents in Santa Rosa Beach
Listing Courtesy: The Property Group 850 Inc - 8506829121