$2,369,000
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107 Cypress Grove Lane, Santa Rosa Beach, FL 32459

4 Beds
4 Baths
3,136 Sq Ft

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. The newly redesigned main home's layout with the master and two bedrooms on the main floor, all with king size beds, offers convenience and accessibility. The open concept kitchen, dining, and living area are a great design for bringing people together and enjoying the views of the indoor and outdoor spaces. The outdoor area of Saltaire is a fantastic space for guests to unwind and have fun. Custom-designed and built in 2022, the heated saltwater pool with spa and sun deck is sure to be a crowd pleaser. Additional outdoor amenities include table tennis, corn hole, fireplace, and an additional hot tub. The multiple sitting areas on the local Seaside coral patio provide versatility, allowing guests to find their preferred spot to unwind after a day at the beach or to socialize around the pool while grilling or dining al fresco. The fun continues inside the open-wide patio doors. Indoor amenities include a full-size pool table, a fireplace, and smart TVs throughout the home. With a ten-person dining table and kitchen island that seats six, there is room for the entire crew. The teens have an area to themselves with the custom bunks that sleep six and a room adorned with Air Hockey, Smart TV, refrigerator and microwave. The oversized lot with various possibilities adds another layer of potential to the property. The fact that it's cleared and adorned with foliage for garden parties suggests a charming and picturesque setting. The idea of adding a small cottage for additional rental income or even a pickleball court is exciting and offers versatility for future development. There is a Pickleball court rendering in the mls photos for a preview of one possibility! The property's proximity to 30A's famous beaches, award-winning restaurants, shopping, and entertainment is undoubtedly a strong selling point. There are 7 public beach accesses within one mile! The convenience of a golf cart ride to these attractions makes the location even more appealing to homeowners and guests seeking a vibrant and enjoyable vacation experience. The fact that Saltaire has repeat guests and consistently stays booked speaks volumes about its appeal and popularity. It's clear that the property offers a desirable combination of comfort, entertainment, and location. For those interested, contacting a realtor to schedule a showing seems like a great way to explore all that Saltaire has to offer firsthand.

  • MLS# 930864
  • Date Listed08/25/2023
  • Bedrooms 4
  • Bathrooms 4 Full baths
  • Lot Size 0.3 acres (13,068 sq. ft)
  • Sewer Public Sewer
  • Subdivision N/A
  • Property Type Single Family
  • County Walton
  • Year Built 2011
  • Water Public Water
  • Square Feet 3,136 sq. ft
  • Price Per Sq. Ft $755.42

Interior Features

  • Appliances Dryer, Refrigerator, Gas Cooktop, Microwave, Washer
  • Flooring Tile
  • Cooling Ceiling Fan(s)
  • Heating Electric Heating

Exterior / Lot Features

  • Exterior Patio, Jac/ Spa/ Hot Tub
  • Roof Composition
  • Lot Size Acres 0.30
  • Lot Size SQFT 13,068.00
  • Lot Features -

Financial Considerations


Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in FL / 32459

Source: Walkscore

34/100

Car-Dependent

Walk Score ®

48/100

Bikable

Bike Score ®

Overview

Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 11/100, Transit Score: 0/100, Bike Score: 33/100.

Points of Interest near 107 Cypress Grove Lane, Santa Rosa Beach, FL 32459

Frequently Asked Questions for 107 Cypress Grove Lane

Source: Realty.com

107 Cypress Grove Lane, Santa Rosa Beach, FL 32459 is a Single Family 3,136 sq. ft. home listed for sale. Realty.com has 63 photos available of this 4 bed, 4 bath house, listed at $2,369,000. View sales and tax history, use our mortgage calculator and more on Realty.com

Realty.com has 63 photos of 107 Cypress Grove Lane.

Our records indicate that 107 Cypress Grove Lane was built in 2011.

The full address for this home is 107 Cypress Grove Lane, Santa Rosa Beach, FL 32459.

107 Cypress Grove Lane has been listed on Realty.com since Fri August 25, 2023

Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 11/100, Transit Score: 0/100, Bike Score: 33/100.

There are 3 schools assigned to this home. Check out the schools near 107 Cypress Grove Lane. Bay School (Grades: PK - PK), Emerald Coast Middle School (Grades: 6 - 8), South Walton High School (Grades: 9 - 12)

Listing provided courtesy of: The Ketchersid Group Llc (tel: 850-344-9848)
Listing agent: Melissa Walls (tel: 850-685-5813) (#E25900)

This content last refreshed on 2025-12-10 14:44:40. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 107 Cypress Grove Lane, Santa Rosa Beach, FL 32459 : MLS# 930864