107 Cypress Grove Lane Active

Santa Rosa Beach,FL 32459

$ 2369000

4 Beds

4 Baths

3136 SqFt


Key Details

Property Type Single Family Home

Sub Type Mediterranean

Listing Status Active

Purchase Type For Sale

Square Footage 3,136 sqft

Price per Sqft $755

MLS Listing ID 930864

Bedrooms 4

Full Baths 4

Construction Status Construction Complete

HOA Y/N No

Year Built 2011

Annual Tax Amount $12,264

Tax Year 2022

Lot Size 0.300 Acres

Acres 0.3

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. $260k gross rental income in 2023, Over $250k in 2024! 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.

Location

State FL

County Walton

Area 18 - 30A East

Zoning Resid Single Family

Rooms

Guest Accommodations Pool,Short Term Rental - Allowed

Interior

Interior Features Fireplace,Floor Tile,Furnished - All,Guest Quarters,Kitchen Island,Lock Out,Pantry,Washer/Dryer Hookup,Window Treatment All

Appliance Auto Garage Door Opn,Dryer,Microwave,Refrigerator,Refrigerator W/IceMk,Stove/Oven Gas,Washer,Wine Refrigerator

Exterior

Exterior Feature BBQ Pit/Grill,Fenced Back Yard,Fenced Privacy,Fireplace,Guest Quarters,Hot Tub,Patio Open,Pool - In-Ground,Separate Living Area,Shower,Sprinkler System

Garage Boat,Garage Attached,Golf Cart Open,RV

Garage Spaces 2.0

Pool Private

Community Features Pool,Short Term Rental - Allowed

Utilities Available Electric,Gas - Natural,Public Sewer,Public Water,TV Cable

Private Pool Yes

Building

Lot Description Survey Available,Within 1/2 Mile to Water

Story 1.0

Structure Type Frame,Roof Composite Shngl,Stucco,Trim Wood

Construction Status Construction Complete

Schools

Elementary Schools Dune Lakes

Others

Energy Description Ceiling Fans,Heat Cntrl Electric,Water Heater - Elect

Financing Conventional,FHA,Other

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