Water Views
Address
196 Magnolia Street, Santa Rosa Beach, FL
Price
$ 2,495,000
Property Attributes
- MLS#991726
- TypeSingle Family
- Listing Status Active
- CountyWalton
- CitySanta Rosa Beach
- Area30A West
- NeighborhoodGRAYTON BEACH
- Zip32459
- StyleFlorida Cottage
- Year Built2003
- Taxes$ 16189
- Price$ 2,495,000
- Bedrooms4
- Full Bathrooms3
- Half Bathrooms1
- Sqr Footage2016
Data Source:
Emerald Coast MLS (ECAR)
Property Description
Welcome to your dream Gulf view beach house in historic Grayton Beach, one of Florida's most beloved and iconic coastal communities. This beautifully updated 4 bedroom, 3.5 bath home sits just steps from the sugar white sand and emerald waters of Grayton Beach State Park, offering the perfect blend of charm, comfort, and investment potential. With a proven rental history and exceptional short term rental income opportunities, this property is both a serene retreat and a high performing asset. A True Grayton Beach Gem Located in the heart of Old Town Grayton Beach, where life moves at an easygoing pace and every day ends with a breathtaking sunset, this home invites you to relax on any of its three covered lanais and soak in the coastal breeze. The exterior has been meticulously maintained and enhanced with low maintenance natural landscaping, ensuring beauty without the upkeep. Resort Style Outdoor Living The main level is designed for unforgettable days in the sun, featuring: " A large custom pool " Outdoor shower " Poolside half bath " Covered terrace perfect for lounging or grilling " Ample storage, including a large owner's storage room/workspace " Covered parking This thoughtful layout makes beach living effortless for both owners and guests. Bright, Open, and Perfect for Entertaining On the second level, sunlight pours through expansive windows and doors, illuminating the spacious open concept living area. The upgraded kitchen features: " Custom white cabinetry " Stainless steel appliances " 6 burner gas range + dual oven " Wine Cooler / Beverage Fridge " Breakfast bar " Walk in pantry Three guest bedrooms and two full bathrooms provide plenty of space for family and visitors, while the screened porch offers a peaceful spot to enjoy morning coffee or evening cocktails. Private Third Level Retreat The entire third floor is dedicated to the luxurious primary suite, complete with: " Spectacular Gulf views " Expansive walk in closet " Spa inspired bathroom with jetted tub, large walk in shower, and dual vanities " Private covered veranda overlooking the water It's a sanctuary designed for relaxation and rejuvenation. Unmatched Walkability & Local Lifestyle This home places you in the center of everything that makes Grayton Beach so special: " Walk to 15+ restaurants, cafés, and local favorites " Two beach access points just two blocks away " Steps from Grayton Beach State Park " Launch a boat or YOLO board into Western Lake " Paddle straight out to the Gulf or explore Turtle Reef Grayton Beach is known for its quirky charmlocals lovingly say, "Nice Dogs, Strange People"and Southern Living has described the area as "upscale but unfussy." It's a community unlike any other on 30A. Turnkey & Rental Ready This home is being sold fully furnished and rental ready, making it an ideal opportunity for investors seeking a high value short term rental with a strong rental history. Whether you're looking for a personal getaway, a full time residence, or a top performing vacation rental, this property checks every box. Don't miss your chance to own a rare piece of paradise in one of the most sought after neighborhoods on 30A. Buyers should verify all dimensions and details important to them.
| Elementary School | Middle School | High School |
|---|---|---|
| Van R Butler Elementary School | Emerald Coast Middle School | South Walton High School |
| Price History | |
|---|---|
| 2/24/2026 | Listed $2,495,000 |
General Features
| Utilities | Electric,Gas - Natural,Public Water |
|---|---|
| Zoning | Resid Single Family |
| Property Subtype | Detached Single Family |
| Community Features | Short Term Rental - Allowed,Beach,Boat Launch,Fishing |
| County | Walton |
| Property Type | Residential |
| Subdivision Name | GRAYTON BEACH |
| Status | Active |
| Directions | From Hwy 98 turn South on Hwy 283 and cross CO Hwy 30A. Come to the next Stop sign and turn half right onto Magnolia. Proceed ahead go to the next stop sign. 196 Magnolia will be the 5th house on left |
| High School | South Walton |
| City | Santa Rosa Beach |
| MLS Area | 17 - 30A West |
| Lot Size Units | Acres |
| Elementary School | Van R Butler |
| Middle/Junior High School | Emerald Coast |
| MLS Area Minor | 1705 - SRB South of 30A |
| Standard Status | Active |
| Sewer | Public Sewer |
| View | Gulf |
| Heating | Central |
| Cooling | Ceiling Fans,Central Air |
| Patio/Porch Features | Deck Covered,Patio Covered,Porch,Porch Open,Porch Screened |
| Architectural Style | Florida Cottage |
| Construction Materials | Siding CmntFbrHrdBrd |
| Year Built | 2003 |
| Stories Count | 2 |
| Tax Year | 2025 |
| New Construction | false |
| Attached Garage | false |
| Total Rooms | 8 |
| Carport Y/N | true |
| Property Condition | Renovated,Construction Complete |
| Pool Features | Pool - In-Ground,Pool Type |
| Carport Spaces | 2 |
| Other Structures | Workshop |
Interior Features
| Total Baths | 4 |
|---|---|
| Interior Amenities | Breakfast Bar,Lighting Recessed,Pantry |
| Flooring | Floor Hardwood,Floor Tile |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Window Features | Plantation Shutters,Window Treatment All |
| Furnished Y/N | Furnished - All |
Exterior Features
| Lot Features | Interior,Within 1/2 Mile to Water |
|---|---|
| Lot Dimensions | 50x140 |
| Road Surface Type | Paved |
| Road Frontage Type | County Road |
| Exterior Amenities | Balcony,BBQ Pit/Grill,Fenced Back Yard,Shower,Sprinkler System |
| Foundation Details | Foundation On Piling |
| Building Area Total | 2016 |
| Parking Features | Covered,Oversized |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 32459
Price
Taxes
Year Built
In The Neighborhood
Water Views
Santa Rosa Beach
$ 4,450,000
- Type
- Single Family
- Size
- 4,081 SqFt
- Rooms
- 5 Beds + 5.5 Baths
Waterfront
Santa Rosa Beach
$ 18,900,000
- Type
- Single Family
- Size
- 6,450 SqFt
- Rooms
- 5 Beds + 6.5 Baths
Water Views
Santa Rosa Beach
$ 10,750,000
- Type
- Single Family
- Size
- 6,225 SqFt
- Rooms
- 6 Beds + 8.5 Baths
Water Views
Santa Rosa Beach
$ 5,900,000
- Type
- Single Family
- Size
- 3,448 SqFt
- Rooms
- 7 Beds + 4.5 Baths
Waterfront
Santa Rosa Beach
$ 11,499,999
- Type
- Single Family
- Size
- 4,559 SqFt
- Rooms
- 4 Beds + 5.5 Baths
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
