Lot 1 Bay Magnolia, Santa Rosa Beach, FL 32459
- $553,000
- List Price
- $553,000
- Days on Market
- 135
- MLS#
- 997990
- Status
- ACTIVE
- Type
- Land
- Subtype
- Unimproved Land
- Lot Size
- 4,791
- Neighborhood
- Pt Washington/N. of 98 W
Property 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.
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Additional Information
- Acres
- 0.11
- Elementary School
- Dune Lakes
- High School
- South Walton
- Legal Description
- COM SW/COR OF SE1/4 OF NW1/4 SEC 29-2S-19W, N 02 DEG 10'09''E 1371.96 FT, S 74 DEG 06'41''E 294.08 FT, N 34 DEG 39'02''E 157.87 FT FOR POB, N 34 DEG 39' 02''E 150.65 FT TO W/LY ROW CEDAR STREET, S 54 DEG 08'49''E ALG ROW 346.16 FT TO SE/COR LT 1 BLK 4 MAGNOLIA S/D PB 2-52, N 09 DEG 16'17''E 34.84 FT TO SW BDRY LOT 12 BLK A STARKES UNREC, S 40 DEG 17'49''E 150.80 FT, DPRT SW BDRY N 49 DEG 42' 11''E 100.00
- Lot Features
- Flood Insurance, Irregular Lot, Wetlands, Wooded
- Middle School
- Emerald Coast
- Neighborhood
- Pt Washington/N. of 98 W
- Subdivision
- Bay Magnolia
- Waterfront Features
- Bayou
- View
- Bayou
- Zoning
- Resid Single Family
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Listing courtesy of The Property Group 850 Inc.
Vendor Member Number : 28166