NOT LISTED FOR SALE

171 W Bermuda Dr Santa Rosa Beach, FL 32459

Blue Mountain Neighborhood

Estimated Value: $4,602,000 - $12,946,875

7 Beds
11 Baths
6,965 Sq Ft
$1,318/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $12,250,000 $1,759 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $57,929/month

Highlights

  • Lake Front
  • Beach
  • In Ground Pool
  • Bay Elementary School Rated A-
  • Deeded access to the beach
  • Gulf View

About This Home

As of June 2022

This spectacular home located in The Retreat embodies luxury living along the Gulf Coast. With just under 7,000 square feet of conditioned space plus an additional 3,000+ square feet of porches and outdoor living, the home is perfect for hosting and entertaining friends and family. The home has sweeping views of both Draper Lake and the Gulf of Mexico. Custom features abound from the 25 foot vaulted ceiling accented by custom oak slats to the Alabama marble inlays. This home is second to none when it comes to a luxurious, private estate home at the beach.

Last Agent to Sell the Property

James Watts Jr

Coastal Abode License #3242373 Listed on: 06/30/2022

Last Buyer's Agent

Jabbour Luxury Group

Scenic Sotheby's International Realty License #BK3325676

Scenic Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $88,880

Year Built

  • Built in 2020

Lot Details

  • Lot Dimensions are 120 x 212 x 25 x 266
  • Lake Front
  • Property fronts a private road

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Gulf
  • Lake

Home Design

  • Beach House
  • Exterior Columns
  • Metal Roof
  • Concrete Siding

Interior Spaces

  • 6,965 Sq Ft Home
  • 4-Story Property
  • Elevator
  • Furnished
  • Cathedral Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Area
  • Home Office
  • Wood Flooring
  • Home Security System

Kitchen

  • Walk-In Pantry
  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deeded access to the beach
  • Balcony

Schools

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

Utilities

  • Multiple cooling system units
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12-3S-20-34700-000-0320

Community Details

Overview

  • Association fees include accounting, management
  • Retreat The Subdivision
  • The community has rules related to covenants

Amenities

  • Picnic Area
  • Recreation Room

Recreation

  • Beach
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$88,880

Year Built

Built in 2020

Lot Details

0

HOA Fees

$500 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 120 X 212 X 25 X 266
  • Road Frontage Type: Private Road
  • Subdivision Name: RETREAT THE
  • Directions: Enter The Retreat from Scenic HWY 30A. Turn right at the first stop sign. The home will be ahead on the left overlooking the lake.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 4
  • Year Built: 2020
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Rooms:Dining Area: Yes
  • Energy:AC - 2 or More: Yes
  • Waterview:Lake2: Yes
  • Waterfront:Lake: Yes
  • Rooms:Office2: Yes
  • Special Features: None
  • Stories: 4

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range Hood, Security System, Stove/Oven Gas, Washer, Wine Refrigerator
  • Full Bathrooms: 8
  • Half Bathrooms: 3
  • Total Bedrooms: 7
  • Interior Amenities: Ceiling Cathedral, Ceiling Raised, Elevator, Fireplace Gas, Floor Hardwood, Furnished - All, Kitchen Island, Lighting Recessed, Pantry, Washer/Dryer Hookup, Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Elevator: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Ceiling Cathedral: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Appliances:Security System: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior:Fireplace Gas: Yes

Exterior Features

  • Lot Features: Covenants, Survey Available, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Lake, Gulf
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Concrete, Roof Metal
  • Exterior Features: Balcony, Columns, Pool - In-Ground, Shower
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Survey Available: Yes
  • Lot Features:Covenants: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Balcony: Yes
  • Exterior:Shower: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Columns: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Rooms:Garage5: Yes

Utilities

  • Utilities: Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Community Room, Deed Access, Gated Community, Pets Allowed, Picnic Area, Pool, Waterfront
  • Association #2 Fee: 6000.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Management

Schools

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

Lot Info

  • Parcel #: 12-3S-20-34700-000-0320
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2022
Closed on
Jun 30, 2022
Sold by
Kih Delta Llc
Bought by
Gorman Mark and Gorman Louella
Seller's Agent
James Watts Jr
Coastal Abode
Buyer's Agent
Jabbour Luxury Group
Scenic Sotheby's International Realty
List Price
$12,250,000
Sold Price
$12,250,000
Current Estimated Value
$9,180,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,069,375
Avg. Annual Appreciation
-8.34%
Original Mortgage
$6,000,000
Outstanding Balance
$5,717,090
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$3,594,338

Purchase Details

Listed on
Jan 24, 2021
Closed on
Apr 28, 2021
Sold by
Santa Rosa Beaches Llc
Bought by
Kih Delta Llc
Seller's Agent
Erin Oden
Coastal Luxury
Buyer's Agent
James Watts Jr
Coastal Abode
List Price
$9,800,000
Sold Price
$9,800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.01%
Original Mortgage
$9,300,000
Interest Rate
3%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 3, 2015
Sold by
Kh 2008 Llc
Bought by
Santa Rosa Beaches Llc

Purchase Details

Closed on
Aug 31, 2009
Sold by
Brown James M and Brown Linda B
Bought by
Kh 2008 Llc

Purchase Details

Closed on
May 10, 2004
Sold by
Oasis Re Serv Inc
Bought by
Brown James M and Brown Linda B

Purchase Details

Closed on
Nov 12, 2003
Sold by
Luke John and Venesky Gene
Bought by
Oasis Real Estate Services Inc
Source: Public Records

Range of Values:

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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
Gorman Mark $12,250,000 None Listed On Document
Kih Delta Llc $9,800,000 Shoreline Title Llc
Santa Rosa Beaches Llc $1,675,000 None Available
Kh 2008 Llc $925,000 Attorney
Brown James M -- --
Oasis Real Estate Services Inc $695,000 Southern Escrow & Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gorman Mark $6,000,000
Previous Owner Kih Delta Llc $9,300,000
Previous Owner Brown James M $690,000
Previous Owner Venesky Gene $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2022 11/02/22 Off Market $12,250,000 -- --
06/30/2022 06/30/22 Sold $12,250,000 0.0% $1,759 / Sq Ft
06/30/2022 06/30/22 For Sale $12,250,000 +25.0% $1,759 / Sq Ft
06/28/2022 06/28/22 Pending -- -- --
04/28/2021 04/28/21 Sold $9,800,000 0.0% $1,409 / Sq Ft
03/11/2021 03/11/21 Pending -- -- --
01/24/2021 01/24/21 For Sale $9,800,000 -- $1,409 / 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 $88,880 $10,114,580 -- --
2023 $88,880 $9,819,981 $2,700,000 $7,119,981
2022 $75,433 $8,139,585 $2,747,250 $5,392,335
2021 $40,802 $4,215,219 $1,663,073 $2,552,146
2020 $15,188 $1,521,503 $1,521,503 $0
2019 $14,670 $1,477,187 $1,477,187 $0
2018 $14,300 $1,434,162 $0 $0
2017 $13,800 $1,392,391 $1,392,391 $0
2016 $13,397 $1,338,837 $0 $0
2015 $10,044 $1,010,625 $0 $0
2014 $9,263 $918,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Watts Jr

    Seller's Agent in 2022

    James Watts Jr

    Coastal Abode

    (850) 246-1809

    6 in this area

    90 Total Sales

    James Watts Jr
    Section Image
  • Jabbour Luxury Group

    Buyer's Agent in 2022

    Jabbour Luxury Group

    Scenic Sotheby's International Realty

    (850) 231-1047

    10 in this area

    171 Total Sales

    Jabbour Luxury Group
    Section Image

  • E

    Seller's Agent in 2021

    Erin Oden

    Coastal Luxury

    (850) 213-3478

    4 in this area

    122 Total Sales

    Erin Oden
    Section Image
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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 902544

Emerald Coast Association of REALTORS®

APN: 12-3S-20-34700-000-0320

Florida Walton County Santa Rosa Beach 32459 Blue Mountain

171 W Bermuda Dr, Santa Rosa Beach, FL

This home is located at 171 W Bermuda Dr, Santa Rosa Beach, FL 32459 since 30 June 2022 and is currently estimated at $9,180,625, approximately $1,318 per square foot. This property was built in 2020. 171 W Bermuda Dr is a home located in Walton County with nearby schools including Bay Elementary School, Emerald Coast Middle School, and South Walton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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