NOT LISTED FOR SALE

Estimated Value: $5,807,000 - $8,690,410

6 Beds
5.5 Baths
4,032 Sq Ft
$1,896/Sq Ft Est. Value

Last Sold July 08, 2020

Last sale price $6,500,000 $1,612 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $47,767/month

7 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • 0.22 Acre Lot
  • Bay Elementary School Rated A-
  • Heated In Ground Pool
  • Covered Deck

About This Home

As of July 2020

ACCEPTING BACKUP OFFERS. NEW GULF-FRONT CONSTRUCTION wrapping up and ready for Summer 2020! Available for preview now, this custom beach house is the only Gulf-front new construction available between Inlet Beach and Alys Beach. Luxurious single family home located in GATED Water's Edge neighborhood, directly adjacent to Rosemary Beach. Walk to Rosemary, Seacrest, and Alys Beach in minutes. Carefully constructed by Regal Stephens Construction, this concrete home, fortified with steel beams and concrete foundation sits on a high and dry dune 30 ft above sea level and 200 ft back from the mean high water line, safely in the X flood zone. Featuring breathtaking panoramic views from sunrise to sunset, this home is built with a flex plan to serve as either a spectacular personal residence or lucrative rental property. With only 34 homes in GATED Water's Edge neighborhood sharing 270 linear feet of private beach, this is one of the LOWEST DENSITY beaches on 30A, right in your backyard! Safe and sound with Weathershield Premium Coastal hurricane impact windows and doors, this Gulf-front retreat is overflowing with custom details and upscale amenities in classic coastal design. An ELEVATOR services all three floors of this thoughtfully laid out beachfront haven. Featuring 4 distinct outside entertainment areas including a Gulf-front heated pool, this home is set up for gracious entertaining of large groups and comfortably accommodates extended family! Over 2000 sq ft of outdoor living space includes a POOLSIDE COURTYARD and OUTDOOR KITCHEN, 2nd floor deck off the main living area and expansive 800 sq ft SUNSET DECK with wet bar on the 3rd floor. Flexible owner floor plan allows attached, 2-story carriage house with dedicated laundry to be locked off as an owner's section, guest quarters, or to be rented separately. Two rec rooms with adjoining bunk rooms are perfect for kids and teens. No feature was overlooked in the generously appointed chef's kitchen, complete with extended custom cabinetry with library ladder, WOLF gas cooking and SUB-ZERO appliances, double refrigerators and dishwashers, 12 ft island for maximum seating and ample storage. 12 ft ceilings and floor to ceiling Windoor glass doors allow expansive Gulf views, maximizing the airy spaciousness of the open concept main living area. A fireplace and wine bar with DACOR WINE STATION dispenser complete this perfect entertaining space that encourages easy flow from inside to out. Choose between two Gulf-front masters with stunning views, one opening to the pool and one on the private 3rd floor. Enjoy the beautiful Gulf views from the cast-iron CLAWFOOT TUB or the HIGH PRESSURE HANSGROHE custom shower in the 3rd floor master bath. Beautiful customization throughout the exterior and interior includes: custom-stained shutters, garage door and gates, copper gas lanterns, peacock pavers used on all exteriors and ground floor, horizontal cable-railing system to maximize views, concrete built-in courtyard seating and landscape planters, wire-brushed and stained solid white oak interior doors, distressed and double-oiled 7-inch wide French oak hardwood flooring, custom stained wood coffered ceiling and range hood, custom cabinetry and closet systems, sandroom with lockers, built-in bunkrooms, marble tile, shiplap walls, reclaimed wood beams and many more tailor-made finishes. For ultimate convenience, the home is wired for maximum audio/video/internet/security coverage and Control4 system with Sonos speakers throughout.

Make 'ONE FIFTY EIGHT' Geoff Wilder Lane your new BEACHFRONT DREAM!

Last Agent to Sell the Property

Robert Cathcart

The Premier Property Group License #3376988 Listed on: 04/22/2020

Last Buyer's Agent

Michele Bailey

Compass License #3244265

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,109

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 45 x 275 x 12 x 85 x 33 x 186
  • Property fronts gulf or ocean
  • Coastal Setback
  • Back Yard Fenced
  • Sprinkler System

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 1.5 Car Attached Garage
  • Oversized Parking
  • Automatic Garage Door Opener

Home Design

  • Beach House
  • Exterior Columns
  • Metal Roof
  • Concrete Siding
  • Steel Siding
  • Wood Trim
  • Stucco

Interior Spaces

  • 4,032 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Built-in Bookshelves
  • Woodwork
  • Crown Molding
  • Paneling
  • Beamed Ceilings
  • Coffered Ceiling
  • Tray Ceiling
  • Vaulted Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Tinted Windows
  • Insulated Doors
  • Family Room
  • Living Room
  • Dining Area
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Gas Oven or Range
  • Cooktop<<rangeHoodToken>>
  • <<microwave>>
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Painted or Stained Flooring
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Eco-Friendly Details

  • Energy-Efficient Doors

Pool

  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Lock
  • Balcony
  • Covered Deck
  • Covered patio or porch
  • Outdoor Kitchen
  • Breezeway
  • Built-In Barbecue

Schools

  • Dune Lakes Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • High Efficiency Air Conditioning
  • Multiple cooling system units
  • Central Heating and Cooling System
  • High Efficiency Heating System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Multiple Water Heaters
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 35-3S-18-16070-00B-0090

Community Details

Overview

  • Association fees include management, security, trash
  • Water's Edge, Adjacent To Rosemary Beach Subdivision
  • The community has rules related to covenants

Recreation

  • Beach

Security

  • Building Fire Alarm

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,109

Year Built

Built in 2020 | Under Construction

Lot Details

0

HOA Fees

$250 per month

Parking

1

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • Lot Size: 45 x 275 x 12 x 85 x 33 x 186
  • Subdivision Name: WATER'S EDGE, Adjacent to Rosemary Beach
  • Directions: From Rosemary Beach take 30A west and Water's Edge gated subdivision is immediately on your left (first subdivision after Rosemary Beach). Upon entering the gate, follow Geoff Wilder Lane one way around to your right to 158 Geoff Wilder Lane (long concrete driveway). Please park along the wall as driveway is still curing.
  • Architectural Style: Beach House
  • New Construction: No
  • Efficiency: Doors
  • Building Stories: 3
  • Year Built: 2020
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Energy:Heat High Efficiency: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:AC - High Efficiency: Yes
  • Energy:Double Pane Windows: Yes
  • Energy:Insulated Doors: Yes
  • Rooms:Covered Porch: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Dining Area: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Gas - Natural: Yes
  • Utilities:Underground: Yes
  • Energy:Storm Windows: Yes
  • Energy:Heat Cntrl Gas: Yes
  • Energy:Water Heater - Gas: Yes
  • Rooms:Family Room: Yes
  • Energy:Tinted Windows: Yes
  • Energy:Storm Doors: Yes
  • Energy:Water Heater - Two: Yes
  • Rooms:Breezeway: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Freezer, Ice Machine, Microwave, Oven Double, Oven Self Cleaning, Range Hood, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas, Washer, Wine Refrigerator
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: Storm Door(s)
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Ceiling Beamed, Ceiling Crwn Molding, Ceiling Raised, Ceiling Tray/Cofferd, Ceiling Vaulted, Elevator, Fireplace Gas, Floor Hardwood, Floor Tile, Kitchen Island, Lighting Recessed, Lock Out, Walls Paneled, Wet Bar, Woodwork Painted, Woodwork Stained
  • Window Features: Double Pane Windows, Storm Window(s), Tinted Windows
  • Appliances:Cooktop: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Appliances:Ice Machine: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Elevator: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Appliances:Freezer: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Ceiling Vaulted: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Woodwork Painted: Yes
  • Interior:Ceiling TrayCofferd: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior:Fireplace Gas: Yes
  • Appliances:Oven Double: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Wet Bar: Yes
  • Interior:Ceiling Beamed: Yes
  • Interior:Woodwork Stained: Yes
  • Interior:Walls Paneled: Yes

Exterior Features

  • Lot Features: Coastal Setback, Covenants, Survey Available, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete, Roof Metal, Slab, Steel, Stucco, Trim Wood
  • Exterior Features: Balcony, BBQ Pit/Grill, Columns, Deck Covered, Deck Open, Fenced Back Yard, Fenced Privacy, Patio Covered, Patio Open, Pool - Heated, Pool - In-Ground, Porch, Shower, Sprinkler System, Summer Kitchen
  • Property Condition: Under Construction
  • Lot Features:Within 12 Mile to Water: Yes
  • ConstructionSiding:Slab: Yes
  • Exterior:Porch: Yes
  • Lot Features:Survey Available: Yes
  • Lot Features:Covenants: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Steel: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • Exterior:Deck Covered: Yes
  • Lot Features:Coastal Setback: Yes
  • Exterior:Patio Open: Yes
  • Construction Status:Under Construction: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Deck Open: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Shower: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Fenced Privacy: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Columns: Yes
  • ConstructionSiding:Trim Wood: Yes
  • Exterior:BBQ PitGrill: Yes
  • Exterior:Summer Kitchen: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.5
  • Parking Features: Oversized
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Rooms:Garage5: Yes
  • Parking Features:Oversized: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Waterfront
  • Association #2 Fee: 750.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Management, Security, Trash

Schools

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

Lot Info

  • Lot Size Sq Ft: 9583.2
  • Parcel #: 35-3S-18-16070-00B-0090
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 13108.92
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2020
Closed on
Jul 7, 2020
Sold by
Cathcart Robert M
Bought by
Sunset At Water S Edge Llc
Seller's Agent
Robert Cathcart
The Premier Property Group
Buyer's Agent
Michele Bailey
Compass
List Price
$6,500,000
Sold Price
$6,500,000
Current Estimated Value
$7,644,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,144,137
Avg. Annual Appreciation
3.30%

Purchase Details

Closed on
Dec 7, 2016
Sold by
Stonecastle Holdings Llc
Bought by
Cathcart Robert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,173,000
Interest Rate
4.03%

Purchase Details

Listed on
May 21, 2015
Closed on
Sep 15, 2015
Sold by
Ajc Makana Llc
Bought by
Stonecastle Holdings Llc
Seller's Agent
Carrie Shoaf
Scenic Sotheby's International Realty
Buyer's Agent
Christopher Lambert
Lambert Realty and Development
List Price
$2,100,000
Sold Price
$2,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.06%
Original Mortgage
$1,250,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 15, 2012
Sold by
Camaisa Allan J and Allan J Camaisa Trust
Bought by
Ajc Makana Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2012
Sold by
Seacrest Llc
Bought by
Camaisa Allan J and Allan J Camaisa Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2002
Sold by
Conard Barth T and Conard Lisa A
Bought by
Seacrest Llc
Source: Public Records

Range of Values:

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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
Sunset At Water S Edge Llc $6,500,000 Bright Line Title Llc
Cathcart Robert M -- None Available
Stonecastle Holdings Llc $2,100,000 Attorney
Ajc Makana Llc $775,000 None Available
Camaisa Allan J $1,550,000 Bradley Title Llc
Seacrest Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cathcart Robert M $1,173,000
Previous Owner Stonecastle Holdings Llc $1,250,000
Previous Owner Camaisa Allan J $1,000,000
Previous Owner Conard Barth T $645,000
Previous Owner Seacrest Llc $1,500,000
Previous Owner Conard Barth T $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2020 07/08/20 Sold $6,500,000 0.0% $1,612 / Sq Ft
04/29/2020 04/29/20 Pending -- -- --
04/22/2020 04/22/20 For Sale $6,500,000 +209.5% $1,612 / Sq Ft
06/23/2019 06/23/19 Off Market $2,100,000 -- --
09/15/2015 09/15/15 Sold $2,100,000 0.0% $698 / Sq Ft
07/15/2015 07/15/15 Pending -- -- --
05/21/2015 05/21/15 For Sale $2,100,000 -- $698 / 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 $62,133 $7,296,692 $2,700,000 $4,596,692
2023 $62,133 $6,434,515 $0 $0
2022 $57,920 $6,695,537 $1,748,250 $4,947,287
2021 $51,475 $5,317,781 $1,486,105 $3,831,676
2020 $13,572 $1,359,600 $1,359,600 $0
2019 $13,109 $1,320,000 $1,320,000 $0
2018 $12,392 $1,242,824 $0 $0
2017 $0 $2,762,783 $1,207,712 $1,555,071
2016 $22,281 $2,226,618 $0 $0
2015 $20,483 $2,259,140 $0 $0
2014 $17,690 $1,850,475 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 845059

Emerald Coast Association of REALTORS®

APN: 35-3S-18-16070-00B-0090