$3,200,000
SOLD OCT 19, 2018

138 Chivas Ln Santa Rosa Beach, FL 32459

9 Beds
9.5 Baths
5,960 Sq Ft
0.46 Acres

Recently Sold

$537 Per Sq Ft

57 Days on Market

Highlights

  • Heated In Ground Pool
  • Gulf View
  • Beach House
  • Bay Elementary School Rated A-
  • Recreation Room
  • Great Room

About This Home

As of March 2021

138 Chivas Lane was designed by vacation rental management industry experts. The home was created to ensure everyone in the family enjoys the ultimate vacation experience. Incredible gulf views from both the second, third, and forth floors of the property offer the opportunity to enjoy the beautiful emerald waters right from your own porch. The private deeded beach access will have your feet in the white sand within seconds. In addition to the incredible design and finishes, 360 Blue Properties is offering a 3 year, $300,000 annual rental revenue guarantee to the buyer. Features of the property include a breath-taking 4th level sky deck, huge private pool, amazing private theater, an awesome outdoor kitchen and much more. Do not miss your opportunity to own the ultimate vacation rental! Step into the first floor of the property to find a space created for the kids in the family as well as the young at heart. This floor contains a separate kid's living area which includes space for a large TV, huge sectional, pool table, and shuffle board table all opening up to a one of a kind pool and outdoor entertaining space. There are 2 large bunk rooms, each sleeping 10. Each bunk room has its own locker room style bathroom boasting a large triple vanity and 2 shower stalls in each. The first laundry room can also be found here off the living area.

As you climb to the second floor you will be welcomed by the amazing gulf views. This floor holds the main living space as well as a huge dining area offering room for the entire family to gather for dinner. You will find a wet bar containing a bar sink, under-counter fridge and ice machine off the dining for convenient access. From the dining space move across the open concept to the incredible chef's kitchen. The kitchen boasts a built in 30" Sub-Zero fridge, built-in 30" Sub-Zero freezer, 48" Wolf gas range, a 48" Wolf ventilation hood, 2 Asko dishwashers and a Sharp microwave drawer. No amenities were missed in this kitchen! The huge living space is located across from the kitchen and offers a wonderful area for the family to enjoy nights together and those wonderful views. Also on this floor you will find 2 king suites with private baths in each. Each suite offers balcony access overlooking the pool.

The third floor of the property offers the incredible master suite, 2 additional junior suites and a third bunk room. The master bedroom and bathroom each boasts a private balcony offering breath-taking views of the gulf, a large walk-in shower, free-standing tub, and separate vanities. You will also see the second full size laundry room here for easy access to all guests. This floor also has a common area to enjoy quiet time away. There are two additional full sized bathrooms on this level.

The forth level of this property offers a truly unique experience. Gain access to this floor from the third floor common space. This level grants access to the properties "sky deck." Amazing sunsets can be enjoyed from this space. Very few properties offer the views you will find on the sky deck at 138 Chivas Lane. Additionally, this floor offers a relaxing lounge containing a wet bar with an additional bar sink, fridge and ice machine. Everything you need to enjoy sunset cocktail hour is waiting for you here. You will also find a powder room off the lounge. Finally, the 4th forth holds the large theater for movie nights with the family!

Away from the main house, you will find a separate carriage house. The carriage house offers its own private kitchen, laundry, bedroom, bath and living. This private space offers flexibility when large parties stay at the home. The first floor of the carriage house contains the 2 car garage. This space is perfect for not only parking but also storing all those necessary beach items!

The outdoor living space at 138 Chivas is incomparable! With deeded beach access only steps from the front door you will be enjoying the white sand and emerald waters within seconds from leaving the house. Back at the property, the pool offers a huge spa, sun-deck for sun-tanning, and a pool TV for watching while swimming! You have never experienced a pool like this before! In addition, right off the pool you will find an amazing outdoor kitchen with large gas grill, fridge and sink. There is also a private outdoor shower off the back of the main house for after beach showers. Behind the pool will be a large sand volleyball court as well as space for a large tent, perfect for private events. Finally in addition to the garage space, the property offers parking for at least an additional 8 vehicles.

Features of the property include an elevator; white oak hardwoods throughout; marble in many of the bathrooms; pecky cypress on the great room ceiling; quartz countertops in the kitchen; beautiful lighting; incredible plumbing fixtures; amazing tile on the back-splashes and bathrooms; 3 endless hot water systems; a metal roof; and much much more! The property offers sleeping for 36 in beds with an additional 6 in queen size pull outs, for a total of 42. A full listing of the property specs is available upon request. Do not miss your opportunity to own the ultimate vacation rental, you will not find another property like this in our area!

Last Agent to Sell the Property

Jacob Watkins

Christies International Real Estate Emerald Coast License #3333691 Listed on: 07/06/2018

Christies International Real Estate Emerald Coast

Last Buyer's Agent

Diana Kish

Berkshire Hathaway HomeServices License #3278305

Berkshire Hathaway HomeServices

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,553

Year Built

  • Built in 2018

Parking

  • Detached Garage

Home Design

  • Beach House

Interior Spaces

  • 5,960 Sq Ft Home
  • 4-Story Property
  • Great Room
  • Recreation Room
  • Gulf Views

Bedrooms and Bathrooms

  • 9 Bedrooms
  • En-Suite Primary Bedroom

Schools

  • Bay Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Additional Features

  • Heated In Ground Pool
  • Lot Dimensions are 68 x 330
  • Central Heating and Cooling System

Community Details

  • Walk Over Dunes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 19-3S-18-16230-000-0040

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,553

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 68 x 330
  • Subdivision Name: WALK OVER DUNES
  • Directions: From the intersection of HWY 395 and HWY 30A head east. Turn south on Lakewood Dr right past Eastern Lake. Take Lakewood Dr to Chivas Lane.
  • Architectural Style: Beach House
  • New Construction: No
  • Building Stories: 4
  • Year Built: 2018
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Waterview:Gulf2: Yes
  • Rooms:Great Room: Yes
  • Special Features: None
  • Stories: 4

Interior Features

  • Full Bathrooms: 9
  • Half Bathrooms: 1
  • Total Bedrooms: 9

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Exterior Features: Pool - Heated, Pool - In-Ground
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Pool - In-Ground: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage Detached
  • Parking Features:Garage Detached: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Public Sewer, Public Water

Schools

  • Elementary School: Bay
  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Parcel #: 19-3S-18-16230-000-0040
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2020
Closed on
Mar 12, 2021
Sold by
Rock Steady Holdings Llc
Bought by
Bayne Thomas and Maes Ingrid
Seller's Agent
Scott Cobine
Berkshire Hathaway HomeServices
Buyer's Agent
Cliff Cohen
Scenic Sotheby's International Realty
List Price
$4,250,000
Sold Price
$4,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.04%

Purchase Details

Listed on
Jul 6, 2018
Closed on
Oct 19, 2018
Sold by
Gtc Fl Properties Llc
Bought by
Rock Steady Holdings Llc
Seller's Agent
Jacob Watkins
Christies International Real Estate Emerald Coast
Buyer's Agent
Diana Kish
Berkshire Hathaway HomeServices
List Price
$3,200,000
Sold Price
$3,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.55%
Original Mortgage
$3,200,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 25, 2016
Sold by
Bloodworth Frank D and Bloodworth Cynthia J
Bought by
Gtc Fl Properties Llc

Purchase Details

Closed on
Dec 16, 2009
Sold by
Stalowy David E
Bought by
Bloodworth Frank D and Bloodworth Cynthia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.01%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $4,250,000 Attorney
Warranty Deed $3,200,000 Attorney
Warranty Deed $575,000 Emerald Coast Title Svcs Llc
Warranty Deed $240,000 H & S Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,200,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,425,000 Construction
Previous Owner $168,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2025 03/24/25 For Sale $4,975,000 +17.1% $824 / Sq Ft
03/12/2021 03/12/21 Sold $4,250,000 0.0% $704 / Sq Ft
02/21/2021 02/21/21 Pending -- -- --
11/16/2020 11/16/20 For Sale $4,250,000 +32.8% $704 / Sq Ft
12/11/2019 12/11/19 Off Market $3,200,000 -- --
10/19/2018 10/19/18 Sold $3,200,000 0.0% $537 / Sq Ft
09/01/2018 09/01/18 Pending -- -- --
07/06/2018 07/06/18 For Sale $3,200,000 -- $537 / 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 $38,553 $4,253,475 $978,000 $3,275,475
2023 $38,553 $4,233,621 $0 $0
2022 $35,668 $3,848,746 $943,362 $2,905,384
2021 $26,365 $2,723,775 $786,260 $1,937,515
2020 $25,614 $2,565,906 $719,330 $1,846,576
2019 $24,722 $2,489,333 $697,320 $1,792,013
2018 $4,761 $477,460 $0 $0
2017 $4,578 $461,900 $461,700 $200
2016 $3,458 $443,387 $0 $0
2015 $3,258 $412,489 $0 $0
2014 $2,108 $209,790 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 802521

Emerald Coast Association of REALTORS®

APN: 19-3S-18-16230-000-0040