18 Initial Ln Santa Rosa Beach, FL 32459
Estimated payment $3,866/month
Highlights
- Heated In Ground Pool
- Traditional Architecture
- Screened Porch
- Van R. Butler Elementary School Rated A-
- No HOA
- Breakfast Room
About This Home
Discover the perfect blend of comfort, style, and income potential in this beautifully updated 3 bedroom, 3 bathroom home plus a bonus bunk room with four built-in beds, located in the desirable Sacred Oaks community off E. Mack Bayou Drive. Surrounded by upscale gated neighborhoods, this location offers peace and privacy while keeping you close to everything. This property is a proven six-figure turnkey rental or an ideal retreat away from the hustle of the beach. Inside, the split floor plan creates an easy, welcoming flow with luxury LVP and tile throughout. The private primary suite opens directly to the pool for a true resort feel. The kitchen and bathrooms have been tastefully updated, and the home is fully furnished with stainless steel appliances already in place. The seller has elected to add a separate, dedicated laundry room in the main house, while the existing laundry located in the primary suite closet will remain, offering added convenience and flexibility. A new metal roof in 2025, updated electrical and plumbing, and both electric and gas availability indoors and outdoors provide confidence and convenience.
Step into the backyard and enjoy a resort-style setting, where the pool features water elements, lighting, and an attached spa for relaxing any time of day. A screened outdoor living area with a fireplace creates the perfect space for gathering or unwinding. The outdoor shower, drive-through garage, and ample parking make this home easy to enjoy and easy to host. Located just minutes from 30A beaches, restaurants, and shops, this solid brick home delivers both lifestyle and long-term value. If you are searching for a strong income producer or a quiet place to call home, you have found it. Primary laundry is located in the master bath closet. Seller will add a second laundry in the bunk/closet area shown with acceptable offer. Renderings are illustrative only; contractor is lined up.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,620
Year Built
- Built in 1981
Lot Details
- 0.34 Acre Lot
- Lot Dimensions are 100x125
- Fenced
Parking
- 2 Car Garage
Home Design
- Traditional Architecture
- Brick Exterior Construction
Interior Spaces
- 1-Story Property
- Gas Fireplace
- Living Room
- Breakfast Room
- Dining Room
- Screened Porch
- Gas Cooktop
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Pool
- Heated In Ground Pool
- Outdoor Shower
Outdoor Features
- Screened Patio
Schools
- Van R Butler Elementary School
- South Walton High School
Utilities
- Central Air
- Heating Available
- Electric Water Heater
Community Details
- No Home Owners Association
Map
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 | $3,920 | $433,818 | $95,000 | $338,818 |
| 2024 | $3,665 | $396,332 | $50,538 | $345,794 |
| 2023 | $3,665 | $403,308 | $50,538 | $352,770 |
| 2022 | $3,389 | $365,694 | $56,097 | $309,597 |
| 2021 | $360 | $74,735 | $0 | $0 |
| 2020 | $370 | $170,102 | $44,889 | $125,213 |
| 2019 | $359 | $72,046 | $0 | $0 |
| 2018 | $354 | $70,703 | $0 | $0 |
| 2017 | $346 | $69,249 | $0 | $0 |
| 2016 | $343 | $67,825 | $0 | $0 |
| 2015 | $347 | $67,354 | $0 | $0 |
| 2014 | $350 | $66,819 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/02/2026 02/02/26 | Price Changed | $685,000 | -2.0% | $293 / Sq Ft | |
| 12/11/2025 12/11/25 | For Sale | $699,000 | +10.1% | $299 / Sq Ft | |
| 01/18/2022 01/18/22 | Sold | $635,000 | 0.0% | $271 / Sq Ft | View Prior Sale |
| 12/29/2021 12/29/21 | Pending | -- | -- | -- | |
| 10/26/2021 10/26/21 | For Sale | $635,000 | -- | $271 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $635,000 | Championship Title Agency | |
| Warranty Deed | $499,000 | Championship Title Agency | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $449,100 | New Conventional |
Source: Central Panhandle Association of REALTORS®
MLS Number: 782593
APN: 24-2S-21-42273-000-0100
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