101 S Founders Ln Alys Beach, FL 32461
Watersound Neighborhood
6
Beds
6.5
Baths
5,050
Sq Ft
5,663
Sq Ft Lot
Highlights
- Beach
- Property fronts gulf or ocean
- Fishing
- Bay Elementary School Rated A-
- Gunite Pool
- Gated Community
About This Home
As of April 2025Draped amongst the stunning dunescape of WaterSound Beach, discover an exquisite gulf front masterpiece at 101 S Founder Lane offering timeless elegance and unmatched luxury. Expertly crafted by Regal Stephens with sophisticated design by Tracery Interiors, this 6-bedroom, 6.5-bathroom residence, complete with a private pool, 2-car garage, and office/flex room, offers a rare blend of refined craftsmanship and stunning coastal views. Sold fully furnished and never rented, this exceptional property is positioned on a quiet cul-de-sac, providing privacy and direct access to the beach via community boardwalk.
Step through the entry, where herringbone-laid hardwood floors and Venetian plaster walls set a tone of understated luxury. This level includes three spacious bedrooms, each with private ensuite bathrooms, and a well-appointed laundry room featuring dual Electrolux washer/dryers. An elevator provides seamless access to all floors. Outside, relax by the saltwater heated pool sheltered by the dunes, enjoy the summer kitchen with a beverage cooler and ice machine, and take in the serene and private setting.
The heart of this home lies on the second floor, where an open-concept kitchen, dining, and living area showcase breathtaking gulf and dune views. The chef's kitchen is equipped with professional-grade appliances, including a Wolf range, custom hood, and Sub-Zero refrigerator and wine fridge, all set off by marble countertops, a marble waterfall island, and custom cabinetry. A walk-in pantry with a secondary refrigerator enhances convenience. The living room's gas fireplace with a marble surround adds warmth and elegance while a spacious balcony with retractable screens offers a perfect spot to enjoy the view, shaded from the afternoon sun. This level also includes a light-filled office/flex room with closet space, a powder room, a unique guest suite/bunk room with six built-in twin bunks, a queen bed, a living area with a TV, morning bar, and private bathroom, along with a junior master suite featuring an elegant ensuite bathroom.
The entire third floor is dedicated to the magnificent master suite, where panoramic gulf views create an idyllic sanctuary. Custom built-ins including wardrobe drawers and a half wall, a morning bar, and a spacious ensuite bathroom with a steam shower, soaking tub, and washer/dryer, make this a true retreat. The custom closet offers abundant storage and thoughtful design. Crowning this luxurious home is a fourth-level tower with both indoor and outdoor spaces to enjoy. This top-floor retreat features remote-control blinds, a retractable TV, and an open-air balcony with a fire table, offering endless views and the ultimate in relaxation.
The gated WaterSound Beach community is located south of Scenic Highway 30A offering homeowners a rare sense of seclusion yet with easy access to area activities. Amenities include swimming pools, a puttering park, community green spaces, a state-of-the-art fitness center, and private boardwalks to one of the most beautiful mile stretches of coastline in the area. Whether you're seeking a luxurious private retreat or a potentially lucrative investment property, revel in the good life at this one-of-a-kind WaterSound Beach residence.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Listed on: 02/06/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $62,525
Year Built
- Built in 2020
Lot Details
- 5,663 Sq Ft Lot
- Lot Dimensions are 73 x 108 x 50 x 147
- Property fronts gulf or ocean
- Back Yard Fenced
HOA Fees
- $598 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Automatic Garage Door Opener
Home Design
- Beach House
- Frame Construction
- Shingle Roof
- Metal Roof
- Shake Siding
Interior Spaces
- 5,050 Sq Ft Home
- 4-Story Property
- Elevator
- Wet Bar
- Furnished
- Shelving
- Crown Molding
- Vaulted Ceiling
- Ceiling Fan
- Recessed Lighting
- Gas Fireplace
- Window Treatments
- Living Room
- Dining Area
- Bonus Room
- Gulf Views
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Double Oven
- Gas Oven or Range
- Stove
- Range Hood
- Microwave
- Ice Maker
- Dishwasher
- Wine Refrigerator
- Kitchen Island
- Disposal
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 6 Bedrooms
- Split Bedroom Floorplan
- En-Suite Primary Bedroom
- Dressing Area
- Dual Vanity Sinks in Primary Bathroom
- Shower Only in Primary Bathroom
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Fire and Smoke Detector
Pool
- Gunite Pool
- Outdoor Shower
Outdoor Features
- Balcony
- Covered Deck
- Outdoor Kitchen
- Built-In Barbecue
- Porch
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
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 20-3S-18-16010-000-0030
Community Details
Overview
- Association fees include internet service, land recreation, management, recreational faclty, security
- Watersound Beach Subdivision
- The community has rules related to covenants
Amenities
- Picnic Area
- Recreation Room
Recreation
- Beach
- Community Pool
- Fishing
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 6, 2025
Closed on
Apr 9, 2025
Sold by
Hoover Paul R
Bought by
101 S Founders Lane Llc
Seller's Agent
Amin Delawalla
Berkshire Hathaway HomeServices
Buyer's Agent
Josh Kasper
The Naumann Group Real Estate Inc
List Price
$11,750,000
Sold Price
$11,250,000
Premium/Discount to List
-$500,000
-4.26%
Views
14
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,395,185
Avg. Annual Appreciation
-61.09%
Original Mortgage
$8,050,000
Outstanding Balance
$8,050,000
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$267,328
Purchase Details
Closed on
Nov 16, 2020
Sold by
Founders View Llc
Bought by
Hoover Paul R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,960,000
Interest Rate
2.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 7, 2018
Sold by
Moore Stephen Trey and Moore Jo
Bought by
Founders View Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,295,000
Interest Rate
3.95%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 19, 2013
Sold by
Orser Susan
Bought by
Moore Stephen Trey and Moore Amy Jo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
4.26%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 27, 2012
Sold by
Arledge Curtis and Arledge Diane
Bought by
Anderson Jennifer and Arledge Family 2012 Gifting Trust
Purchase Details
Closed on
Jul 11, 2006
Sold by
Rymer Donald B and Rymer Kristin R
Bought by
Arledge Curtis and Arledge Diane
Purchase Details
Closed on
Dec 28, 2005
Sold by
St Joe Home Building Lp
Bought by
Rymer Donald B and Rymer Kristin R
Similar Homes in Alys Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $11,250,000 | None Listed On Document | |
| Warranty Deed | $6,600,000 | Aqua Title Services | |
| Warranty Deed | $2,295,000 | Shoreline Title Llc | |
| Warranty Deed | $1,750,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $2,000,000 | Southern Escrow & Title Llc | |
| Special Warranty Deed | $1,956,500 | Residential Cmnty Title Corp |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $8,050,000 | New Conventional | |
| Previous Owner | $3,960,000 | New Conventional | |
| Previous Owner | $1,295,000 | Commercial | |
| Previous Owner | $875,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/09/2025 04/09/25 | Sold | $11,250,000 | -4.3% | $2,228 / Sq Ft |
| 02/20/2025 02/20/25 | Pending | -- | -- | -- |
| 02/06/2025 02/06/25 | For Sale | $11,750,000 | -- | $2,327 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Tax History Compared to Growth
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 | $62,525 | $7,687,878 | $2,574,113 | $5,113,765 |
| 2023 | $62,525 | $6,171,281 | $0 | $0 |
| 2022 | $57,643 | $6,898,890 | $2,857,265 | $4,041,625 |
| 2021 | $49,369 | $5,100,232 | $2,380,132 | $2,720,100 |
| 2020 | $19,761 | $1,979,565 | $1,979,565 | $0 |
| 2019 | $19,086 | $1,921,907 | $1,921,907 | $0 |
| 2018 | $19,585 | $1,964,136 | $0 | $0 |
| 2017 | $18,917 | $1,908,646 | $1,908,646 | $0 |
| 2016 | $17,490 | $1,747,845 | $0 | $0 |
| 2015 | $16,604 | $1,633,500 | $0 | $0 |
| 2014 | $15,309 | $1,485,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Amin Delawalla
Berkshire Hathaway HomeServices
(850) 225-9899
7 in this area
251 Total Sales
-
Buyer's Agent in 2025
Josh Kasper
The Naumann Group Real Estate Inc
(850) 528-1898
9 in this area
282 Total Sales
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 967952
APN: 20-3S-18-16010-000-0030
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