
10 Rainer Ln Watersound, FL 32461
Watersound NeighborhoodEstimated payment $26,571/month
Highlights
- Gunite Pool
- Gulf View
- Vaulted Ceiling
- Bay Elementary School Rated A-
- Gated Community
- Beach House
About This Home
Welcome to 10 Rainer, an exceptional residence offering refined elegance, elevated design, and effortless access to the optional WaterSound Beach Club—just 600 feet away. Tucked behind the private gates of Grace Point and backing onto serene community green space, this home combines timeless coastal Nantucket architecture with sophisticated modern finishes. Upon entry, you're greeted by soaring 12-foot ceilings, shiplap walls, and rich hardwood flooring that flow seamlessly throughout. The main living space exudes warmth and comfort while offering ample room for entertaining. The gourmet kitchen is appointed with marble countertops, custom cabinetry, and high-end appliances—perfectly complemented by a summer kitchen on your screened-in porch with beverage cooler and ice maker for al fresco dining by your private heated pool.
This thoughtfully designed home boasts 4 spacious bedrooms, each with luxuriously appointed ensuite baths, as well as an oversized bunk room ideal for guests or little ones. The third-floor bonus living area provides additional sleeping space for up to three people, creating flexibility for hosting family and friends.
Ascend to the fourth-floor tower, a truly special retreat with panoramic Gulf views from multiple angles. This versatile space includes a dry bar with a built-in beverage cooler, making it the perfect spot to unwind at sunset or entertain in style.
The primary suite, located on the second floor, is a sanctuary of its own with a private balcony, dual Carrera Marble vanities, a garden tub, and a generously sized walk-in showera spa-like escape after a day in the sun.
Situated in the heart of Grace Point, a coveted community along iconic Scenic Highway 30A, this home is mere steps from The Big Chill and adjacent to the exclusive WaterSound Beach Club, offering an unmatched blend of coastal luxury and convenient access to premier dining, shopping, and entertainment.
Owners have the opportunity to join the WaterSound Club with multiple amenities to members including private beach access, beach services, swimming pools, dining, two private golf courses, and the brand-new Lifestyle Center at Camp Creek.
Listing Agent
Delawalla Group
Christies International Real Estate Emerald Coast Listed on: 04/25/2025
Open House Schedule
-
Sunday, August 10, 202512:00 to 4:00 pm8/10/2025 12:00:00 PM +00:008/10/2025 4:00:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $26,551
Year Built
- Built in 2020
Lot Details
- 3,049 Sq Ft Lot
- Lot Dimensions are 43 x 70
- Corner Lot
HOA Fees
- $267 Monthly HOA Fees
Parking
- Attached Garage
Property Views
- Gulf
- Lake
Home Design
- Beach House
- Frame Construction
- Dimensional Roof
Interior Spaces
- 3,300 Sq Ft Home
- 4-Story Property
- Wet Bar
- Furnished
- Beamed Ceilings
- Vaulted Ceiling
- Recessed Lighting
- Window Treatments
- Living Room
- Screened Porch
- Wood Flooring
Kitchen
- Breakfast Bar
- Gas Oven or Range
- Microwave
- Ice Maker
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
- Dual Vanity Sinks in Primary Bathroom
- Separate Shower in Primary Bathroom
- Garden Bath
Laundry
- Dryer
- Washer
Outdoor Features
- Gunite Pool
- Balcony
- Covered Deck
- Outdoor Kitchen
- Terrace
Schools
- Dune Lakes Elementary School
- Emerald Coast Middle School
- South Walton High School
Utilities
- High Efficiency Air Conditioning
- Central Heating and Cooling System
- Tankless Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 20-3S-18-16310-000-0280
Community Details
Overview
- Grace Point Subdivision
Security
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $25,198 | $3,081,770 | $1,275,000 | $1,806,770 |
2023 | $25,198 | $2,501,671 | $0 | $0 |
2022 | $21,076 | $2,274,246 | $687,324 | $1,586,922 |
2021 | $15,836 | $1,635,969 | $601,175 | $1,034,794 |
2020 | $3,637 | $550,000 | $550,000 | $0 |
2019 | $2,761 | $396,550 | $396,550 | $0 |
2018 | $2,648 | $385,000 | $0 | $0 |
2017 | $1,403 | $153,010 | $153,010 | $0 |
2016 | $1,178 | $117,700 | $0 | $0 |
2015 | -- | $110,000 | $110,000 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/09/2025 07/09/25 | For Rent | $16,500 | 0.0% | -- |
04/25/2025 04/25/25 | For Sale | $4,400,000 | 0.0% | $1,333 / Sq Ft |
03/01/2024 03/01/24 | Rented | $15,000 | 0.0% | -- |
11/16/2023 11/16/23 | Price Changed | $15,000 | -16.7% | $5 / Sq Ft |
10/17/2023 10/17/23 | For Rent | $18,000 | 0.0% | -- |
01/01/2023 01/01/23 | Rented | $18,000 | 0.0% | -- |
11/10/2022 11/10/22 | For Rent | $18,000 | 0.0% | -- |
08/03/2021 08/03/21 | Sold | $3,220,000 | 0.0% | $976 / Sq Ft |
06/26/2021 06/26/21 | Pending | -- | -- | -- |
06/11/2021 06/11/21 | For Sale | $3,220,000 | +43.5% | $976 / Sq Ft |
04/03/2020 04/03/20 | Sold | $2,243,750 | 0.0% | $730 / Sq Ft |
09/13/2019 09/13/19 | Pending | -- | -- | -- |
09/13/2019 09/13/19 | For Sale | $2,243,750 | -- | $730 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $3,220,000 | None Available | |
Warranty Deed | $2,243,800 | Burke Law And Title Llc |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $2,415,000 | New Conventional |
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Source: Emerald Coast Association of REALTORS®
MLS Number: 974835

APN: 20-3S-18-16310-000-0280
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