Seller's Agent in 2025
Tom Fitzpatrick
Scenic Sotheby's International Realty
(850) 225-4674
11 in this area
30 Total Sales
159 W Water St Rosemary Beach, FL 32461
4
Beds
4
Baths
2,682
Sq Ft
2002
Built
Highlights
- Beach
- Heated In Ground Pool
- Beach House
- Dune Lakes Elementary School Rated A-
- Vaulted Ceiling
- Wood Flooring
About This Home
As of May 2025On one of Rosemary Beach's largest corner lots just north of 30A, this elegantly renovated residence offers a serene retreat amid the timeless architecture of the Gulf Coast's most cherished community. Framed by mature oaks and a privacy wall of stuccoed concrete, the property feels worlds away—yet it remains only a short walk to the beach and the vibrant Town Center.
With four bedrooms and four full baths spread over three levels, the home is designed to host with ease, accommodating up to twelve guests. The first floor flows seamlessly through living, dining, and kitchen areas, anchored by a guest suite. Upstairs, two additional bedrooms open onto balconies for morning breezes and afternoon sun. The third floor features a charming, oversized bunk room, perfect for children or guests A newly added pool and several outdoor seating areas transform the courtyard into a restful haven, perfect for long afternoons and al fresco evenings. Renovated by Regal Stephens and featured in The Rosemary Thymes, the home reflects a refined attention to detail throughout. Owners enjoy access to five community pools and a private beach, making this a rare opportunity for a lucrative rental or a private coastal sanctuary.
Last Agent to Sell the Property
Scenic Sotheby's International Realty License #3087176 Listed on: 05/02/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,551
Year Built
- Built in 2002
Lot Details
- Lot Dimensions are 75x46
- Property fronts a private road
- Privacy Fence
- Corner Lot
HOA Fees
- $503 Monthly HOA Fees
Home Design
- Beach House
- Wood Trim
- Stucco
Interior Spaces
- 2,682 Sq Ft Home
- 3-Story Property
- Beamed Ceilings
- Vaulted Ceiling
- Window Treatments
- Living Room
- Dining Room
- Home Security System
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Gas Oven or Range
- Range Hood
- Microwave
- Dishwasher
- Wine Refrigerator
- Kitchen Island
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
- 4 Full Bathrooms
- Shower Only in Primary Bathroom
Laundry
- Dryer
- Washer
Pool
- Heated In Ground Pool
- Outdoor Shower
Outdoor Features
- Balcony
- Built-In Barbecue
- Porch
Schools
- Bay Elementary School
- Emerald Coast Middle School
- South Walton High School
Utilities
- Central Air
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 35-3S-18-16067-043-0070
Community Details
Overview
- Association fees include accounting, internet service, land recreation, master, recreational faclty, security, cable TV, trash
- Rosemary Beach Subdivision
Recreation
- Beach
- Tennis Courts
- Community Playground
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 2, 2025
Closed on
May 27, 2025
Sold by
Bailey Jud and Bailey Zoeann
Bought by
R Beach House Llc
Seller's Agent
Tom Fitzpatrick
Scenic Sotheby's International Realty
Buyer's Agent
Tosha Corrigan
Keller Williams Realty SRB
List Price
$3,750,000
Sold Price
$3,750,000
Views
12
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
-$50,042
Avg. Annual Appreciation
-2.18%
Purchase Details
Listed on
May 13, 2016
Closed on
Jun 13, 2016
Sold by
Ozdil Erol H and Ozdil Mechele D
Bought by
Bailey Zoeann and Bailey Jud
Seller's Agent
Lisa Ruby
Rosemary Beach Realty LLC
Buyer's Agent
Tom Fitzpatrick
Scenic Sotheby's International Realty
List Price
$1,640,000
Sold Price
$1,640,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.61%
Original Mortgage
$1,200,000
Interest Rate
3.6%
Purchase Details
Listed on
May 13, 2016
Closed on
May 1, 2016
Bought by
Bailey Jud and Bailey Zoeann
Seller's Agent
Lisa Ruby
Rosemary Beach Realty LLC
Buyer's Agent
Tom Fitzpatrick
Scenic Sotheby's International Realty
List Price
$1,640,000
Sold Price
$1,640,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3.6%
Purchase Details
Listed on
Nov 11, 2011
Closed on
Apr 25, 2012
Sold by
Crane Philip and Crane Cheryl
Bought by
Ozdil Erol H and Ozdil Mechele D
Seller's Agent
Karen Otten
Rosemary Beach Realty LLC
Buyer's Agent
Lisa Ruby
Rosemary Beach Realty LLC
List Price
$1,300,000
Sold Price
$1,300,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.86%
Original Mortgage
$900,000
Interest Rate
3.96%
Purchase Details
Closed on
Apr 23, 2010
Sold by
Johnson Avery D and Johnson Cassandra M
Bought by
Crane Philip and Crane Cheryl
Purchase Details
Closed on
Nov 11, 2003
Sold by
Long Lori Ann and Bradley Steven R
Bought by
Johnson Avery D and Johnson Cassandra M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$836,000
Interest Rate
5.75%
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 | $3,750,000 | Blue Title | |
| Deed | -- | -- | |
| Deed | $1,640,000 | -- | |
| Warranty Deed | $1,300,000 | Mcneese Title Llc | |
| Warranty Deed | $1,000,000 | Reli Title Llc | |
| Warranty Deed | $1,115,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,200,000 | No Value Available | |
| Previous Owner | -- | No Value Available | |
| Previous Owner | $900,000 | No Value Available | |
| Previous Owner | $836,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/27/2025 05/27/25 | Sold | $3,750,000 | 0.0% | $1,398 / Sq Ft | |
| 05/07/2025 05/07/25 | Pending | -- | -- | -- | |
| 05/02/2025 05/02/25 | For Sale | $3,750,000 | +128.7% | $1,398 / Sq Ft | |
| 05/25/2016 05/25/16 | Sold | $1,640,000 | 0.0% | $657 / Sq Ft | View Prior Sale |
| 05/13/2016 05/13/16 | For Sale | $1,640,000 | +26.2% | $657 / Sq Ft | |
| 04/28/2016 04/28/16 | Pending | -- | -- | -- | |
| 04/25/2012 04/25/12 | Sold | $1,300,000 | 0.0% | $521 / Sq Ft | View Prior Sale |
| 03/19/2012 03/19/12 | Pending | -- | -- | -- | |
| 11/11/2011 11/11/11 | For Sale | $1,300,000 | -- | $521 / 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 |
|---|---|---|---|---|
| 2025 | $21,651 | $2,505,191 | $850,000 | $1,655,191 |
| 2024 | $20,297 | $2,664,054 | $775,000 | $1,889,054 |
| 2023 | $20,297 | $1,899,837 | $0 | $0 |
| 2022 | $18,333 | $2,257,899 | $625,433 | $1,632,466 |
| 2021 | $14,994 | $1,549,023 | $511,254 | $1,037,769 |
| 2020 | $14,749 | $1,477,451 | $467,733 | $1,009,718 |
| 2019 | $14,094 | $1,419,208 | $454,110 | $965,098 |
| 2018 | $13,670 | $1,370,976 | $0 | $0 |
| 2017 | $12,183 | $1,229,179 | $0 | $0 |
| 2016 | $10,903 | $1,154,121 | $0 | $0 |
| 2015 | $10,239 | $1,079,345 | $0 | $0 |
| 2014 | $9,164 | $929,345 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tom Fitzpatrick
-
Matthew Fitzpatrick
M
Seller Co-Listing Agent in 2025
Matthew Fitzpatrick
Scenic Sotheby's International Realty
(850) 630-3990
5 in this area
10 Total Sales
-
Tosha Corrigan
Buyer's Agent in 2025
Tosha Corrigan
Keller Williams Realty SRB
(850) 660-1000
18 in this area
74 Total Sales
-
L
Seller's Agent in 2016
Lisa Ruby
Rosemary Beach Realty LLC
-
Karen Otten
Seller's Agent in 2012
Karen Otten
Rosemary Beach Realty LLC
(850) 502-9074
6 in this area
13 Total Sales
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 975430
APN: 35-3S-18-16067-043-0070
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