NOT LISTED FOR SALE

114 Loon Lake Dr Santa Rosa Beach, FL 32459

Estimated Value: $3,802,846 - $4,338,000

5 Beds
4.5 Baths
5,141 Sq Ft
$769/Sq Ft Est. Value

Last Sold February 15, 2023

Last sale price $3,650,000 $710 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $23,149/month

71 Days on Market

Highlights

  • In Ground Pool
  • Gulf View
  • Outdoor Kitchen
  • Van R. Butler Elementary School Rated A-
  • Wood Flooring
  • Mediterranean Architecture

About This Home

As of February 2023

This 5BR/5BA home is artfully situated on the border of Topsail Hill Preserve State Park offering unmatched panoramic views extending through the State Preserve Park, over a rare Coastal Dune Lake, and straight into the Gulf of Mexico. This custom home is the perfect combination, providing complete luxury in concert with a flexible family lifestyle. Recently renovated, this Mediterranean home offers three levels, which are all accessible by elevator. The welcoming and open concept main floor living area presents endless views and plenty of room for entertaining, while the fully equipped and remodeled gourmet kitchen offers commercial grade appliances including gas range, drawer microwave, leathered quartzite countertops, Thermador refrigerator and oversized kitchen island with seating for six. The third level holds a unique viewing room with an outside terrace to revel in the warm Gulf breeze while watching the sun set over the Gulf of Mexico. The primary bedroom with private balcony highlights the expansive views while the bathroom spa provides a large soaking tub, separate shower, and double vanities. Also, on the third level is a wine/coffee bar and private office which could also serve as a second closet ensuite. The lower level currently houses a gym which could easily transition into a game room or second living room, a large bedroom, full bath, and access to the outdoor amenities which include a pool with spa, summer kitchen and gas fire table. Additional standout finishes include custom Luxury Vinyl Plank flooring throughout, 12' ceilings, stone coated metal roof, custom cabinetry and designer lighting. This home is conveniently located on 30A's peaceful west end, close to the bike path and just a short distance to the Stallworth beach access. Topsail Hill Preserve State Park entrance is located nearby along with locally owned restaurants, Butler Elementary School, Sacred Heart Hospital and the town centers of Gulf Place and Grand Boulevard with shopping and dining. Offered fully furnished.

Last Agent to Sell the Property

Terri Lavender

Berkshire Hathaway HomeServices License #3330232 Listed on: 11/24/2022

Berkshire Hathaway HomeServices

Last Buyer's Agent

Justin Anderson

Vacasa Real Estate - Surfside Resort

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,966

Year Built

  • Built in 2005 | Remodeled

Lot Details

  • 0.26 Acre Lot
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Property Views

  • Gulf
  • Lake

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 5,141 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • Recessed Lighting
  • Fireplace
  • Living Room
  • Dining Area
  • Bonus Room
  • Wood Flooring

Kitchen

  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Covered Deck
  • Outdoor Kitchen

Schools

  • Van R Butler Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • Beach Highland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-3S-20-34010-00A-0060

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,966

Year Built

Built in 2005 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • Lot Size: Approximately 70' x 150'
  • Road Surface Type: Paved
  • Subdivision Name: BEACH HIGHLAND
  • Directions: Turn onto Hwy 30A West from Hwy 98, travel about 1 mile and just past the elementary school, turn left onto Loon Lake Drive. 114 Loon Lake Drive will be on your right.
  • Architectural Style: Mediterranean
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2005
  • Remarks Misc:Remarks: This 5BR/5BA home is artfully situated on the border of Topsail Hill Preserve State Park offering unmatched panoramic views extending through the State Preserve Park, over a rare Coastal Dune Lake, and straight into the Gulf of Mexico. This custom home is the perfect combination, providing complete luxury in concert with a flexible family lifestyle. Recently renovated, this Mediterranean home offers three levels, which are all accessible by elevator. The welcoming and open concept main floor living area presents endless views and plenty of room for entertaining, while the fully equipped and remodeled gourmet kitchen offers commercial grade appliances including gas range, drawer microwave, leathered quartzite countertops, Thermador refrigerator and oversized kitchen island with
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Rooms:Balcony2: Yes
  • Rooms:Bonus Room: Yes
  • Rooms:Dining Area: Yes
  • Energy:AC - 2 or More: Yes
  • Energy:Water Heater - Tnkls: Yes
  • Utilities:Gas - Natural: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator W/IceMk, Stove/Oven Gas, Washer, Wine Refrigerator
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Interior Amenities: Ceiling Crwn Molding, Ceiling Tray/Cofferd, Fireplace, Floor Hardwood, Furnished - All, Lighting Recessed, Renovated
  • Appliances Dishwasher: Yes
  • Interior:Floor Hardwood: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Ceiling TrayCofferd: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior:Fireplace: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf, Lake
  • Exterior Features: Deck Covered, Fenced Back Yard, Hot Tub, Pool - In-Ground, Renovated, Summer Kitchen
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Deck Covered: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Hot Tub: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Summer Kitchen: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Schools

  • Elementary School: Van R Butler
  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Lot Size Sq Ft: 11325.6
  • Parcel #: 04-3S-20-34010-00A-0060
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 18966.34
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2022
Closed on
Feb 15, 2023
Sold by
Brannon Revocable Living Trust
Bought by
Loon Lake Drive Trust
Seller's Agent
Terri Lavender
Berkshire Hathaway HomeServices
Buyer's Agent
Justin Anderson
Vacasa Real Estate - Surfside Resort
List Price
$4,250,000
Sold Price
$3,650,000
Premium/Discount to List
-$600,000
-14.12%
Views
62
Current Estimated Value
$3,951,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,962
Avg. Annual Appreciation
2.92%

Purchase Details

Listed on
Jul 1, 2020
Closed on
Sep 24, 2020
Sold by
Reid Gary M and Reid Sheila D
Bought by
Brannon William C and Brannon Jill C
Seller's Agent
Sarah Mowell
Berkshire Hathaway HomeServices
Buyer's Agent
Terri Lavender
Berkshire Hathaway HomeServices
List Price
$2,750,000
Sold Price
$2,750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.58%
Original Mortgage
$2,062,500
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2011
Sold by
Blumberg Larry and Blumberg Laura B
Bought by
Reid Gary M and Reid Sheila D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$705,475
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2006
Sold by
Mclean Norman and Mclean Kathleen
Bought by
Blumberg Larry and Blumberg Laura B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.19%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 13, 2005
Sold by
Mclean Walter and Mclean Virginia
Bought by
Mclean Norman and Mclean Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.66%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 7, 2005
Sold by
Mc Clean Norman and Mc Clean Kathleen
Bought by
Mclean Walter and Mc Lean Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.6%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 26, 2004
Sold by
Rimes William N and Rimes Karen
Bought by
Mcclean Norman and Mcclean Kathleen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Loon Lake Drive Trust $3,650,000 --
Brannon William C $2,750,000 Attorney
Reid Gary M $940,700 Mcneese Title Llc
Blumberg Larry $3,030,000 Mcneese Title Llc
Mclean Norman $1,650,000 --
Mclean Walter $1,200,000 Mcneese Title Llc
Mcclean Norman $475,000 Mcgill Escrow & Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brannon William C $2,062,500
Previous Owner Reid Gary M $705,475
Previous Owner Blumberg Larry $2,000,000
Previous Owner Mclean Norman $500,000
Previous Owner Mclean Walter $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/18/2023 05/18/23 Off Market $3,650,000 -- --
02/15/2023 02/15/23 Sold $3,650,000 -8.7% $710 / Sq Ft
02/03/2023 02/03/23 Pending -- -- --
01/31/2023 01/31/23 Price Changed $3,999,000 -5.9% $778 / Sq Ft
11/24/2022 11/24/22 For Sale $4,250,000 +54.5% $827 / Sq Ft
09/24/2020 09/24/20 Sold $2,750,000 0.0% $535 / Sq Ft View Prior Sale
08/08/2020 08/08/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $2,750,000 -- $535 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $27,841 $3,457,140 $1,050,000 $2,407,140
2023 $27,841 $2,369,710 $0 $0
2022 $24,257 $3,133,051 $434,066 $2,698,985
2021 $18,966 $1,959,393 $275,906 $1,683,487
2020 $10,651 $1,066,984 $252,419 $814,565
2019 $10,452 $1,052,506 $245,067 $807,439
2018 $10,300 $1,032,994 $0 $0
2017 $10,844 $1,132,309 $349,800 $782,509
2016 $9,668 $973,954 $0 $0
2015 $8,851 $870,776 $0 $0
2014 $8,947 $867,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 912440

Emerald Coast Association of REALTORS®

APN: 04-3S-20-34010-00A-0060