176 Magnolia St, SANTA ROSA BEACH, FL

$5,400,000

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5

Beds

6

Baths

4,835

Square feet

0.16

Acres

Description

Welcome to Magnolia Manor, a like-new heirloom residence that capitalizes on all Grayton Beach has to offer. The home is situated atop one of the highest lots in Grayton, allowing unobstructed views of the Gulf of Mexico and the towering dunes of Grayton Beach State Park. The funky shops and restaurants are less than five minutes away on foot, and homeowners will find themselves taking the short stroll to the beach to really take in the summer sunsets.No detail was overlooked during the planning and construction of this home by Logan & Logan Construction of Santa Rosa Beach and Louisville, Kentucky. A true smart home, Magnolia Manor offers advanced security features, smart thermostat, four Navien tankless water heaters, a heated pool and spa-like outdoor areas.Custom flooring, millwork, appliances, and decor throughout the home underscore the luxury standard. Magnolia Manor has never been rented, but projections from outside companies range from $305,000 - $333,000 gross per year. The ground floor is perfectly designed for indoor-outdoor living. Brick tile floors mean no worries about sandy scuff marks, and an indoor seating area, flanked by a large kitchenette, can be opened up to truly bring the outside in. A bedroom suite finishes out the ground floor, where you can also take the custom elevator to the second and third floors above. The second floor is devoted primarily to living space. All three bedrooms, including the master, feature custom wood flooring, also found on the third floor. The primary bedroom is large and bright, with high ceilings and ample windows opening onto the private porch with sleeping swing. The primary bath is salon-like perfection, with white marble everywhere you look, and a separate soaking tub, making it the ideal place to relax after a long day at the beach. Elsewhere on the second floor are two large bedrooms, each with en-suite baths and access to the large second-floor balcony overlooking the pool toward the state park. The main living area of the home is on the third floor, where you'll find towering ceiling design, countless windows, and a gourmet kitchen featuring Thermador and Wolf appliances. There's a fifth bedroom on this floor as well, plus a small party pantry leading out to yet another huge balcony overlooking the state park. If you haven't gotten quite enough of the views yet, climb the spiral staircase to the fourth floor sundeck and take in 360* of Grayton Beach's nice dogs and strange people.

Legal Description

THE E 1/2 OF PALMETTO AVE IN BUTLERS 2ND ADD TO GRAYTON BCH S/D PB 2-28

Features of 176 Magnolia St

MLS® # 939464
Price $5,400,000
Bedrooms 5
Bathrooms 6.00
Full Baths 5
Half Baths 1
Square Footage 4,835
Acres 0.16
Year Built 2022
Type Detached Single Family
Sub-Type Detached Single Family
Style Beach House
Status Active

Community Information

Address 176 Magnolia St
Area 30A West
Subdivision GRAYTON BEACH
City SANTA ROSA BEACH
County WALTON
State FL
Zip Code 32459

Amenities

Utilities Electric Available, Gas - Natural, Public Water Available, TV Cable Available, Community Sewer, Phone Available
Parking Spaces 2
Parking Garage: Attached, Other
# of Garages 2
Is Waterfront No
Water View GULF, Coastal Dune Lakes
Has Pool Yes
Pool Private, Pool - Gunite Concrt, Pool - Heated, Pool - In-Ground, Community

Interior

Interior Features Breakfast Bar, Ceiling Vaulted, Fireplace, Fireplace Gas, Floor Hardwood, Furnished - None, Kitchen Island, Owner's Closet, Pantry, Plantation Shutters, Washer/Dryer Hookup, Wet Bar, Elevator
Appliances Auto Garage Door Opn, Cooktop, Dishwasher, Dryer, Ice Machine, Microwave, Oven Double, Range Hood, Refrigerator, Refrigerator W/Ice Maker, Security System, Smoke Detector, Stove/Oven Gas, Washer, Wine Refrigerator
Heating Heat: Central Electric
Cooling A/C: Central Electric, A/C: Two Or More
Fireplace Yes
Fireplaces Fireplace, Fireplace Gas
# of Stories 4
Has Basement No

Exterior

Exterior Roof Metal, Siding CmntFbrHrdBrd
Exterior Features BBQ Pit/Grill, Balcony, Cabana, Deck Covered, Deck Enclosed, Deck Open, Fenced Back Yard, Fenced Lot-All, Fenced Privacy, Hot Tub, Patio Covered, Pool - Gunite Concrt, Pool - Heated, Pool - In-Ground, Porch Covered, Porch Open, Porch Screened, Shower, Fireplace, Summer Kitchen
Lot Description Level, Within 1/2 Mile Of Water
Windows Tinted Windows
Roof Roof Metal

School Information

Elementary Dune Lakes
Middle Seaside
High SOUTH WALTON

Additional Information

Zoning Residential Single Family
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

OfficeCorcoran Reverie SRB

Price History for MLS #939464

Date Details Change
Price Reduced from $5,500,000 to $5,400,000 $100,000 (1.82%)
Price Reduced from $5,750,000 to $5,500,000 $250,000 (4.35%)
Price Reduced from $5,800,000 to $5,750,000 $50,000 (0.86%)

For more information call

(850) 325-0004

Listing Map

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