$650,000
SOLD JUL 27, 2026

18 Initial Ln Santa Rosa Beach, FL 32459

4 Beds
3 Baths
2,340 Sq Ft
1981 Built

Sale Details

Date Sold: July 27, 2026

$278 Per Sq Ft

7% Below List Price

139 Days on Market

Highlights

  • Screened Pool
  • Primary Bedroom Suite
  • Private Yard
  • Van R. Butler Elementary School Rated A-
  • Traditional Architecture
  • Screened Porch

About This Home

As of July 2026

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.

Last Agent to Sell the Property

Paul Gibney

Corcoran Reverie SRB License #3315203 Listed on: 12/11/2025

Corcoran Reverie SRB

Co-Listed By

Corey Joseph

Corcoran Reverie

Last Buyer's Agent

Donna Gonzalez

Coldwell Banker Realty License #3627067

Coldwell Banker Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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 Details

Home Type

  • Single Family

Year Built

  • Built in 1981

Lot Details

  • Lot Dimensions are 100x125
  • Property fronts a county road
  • Private Yard

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,340 Sq Ft Home
  • 1-Story Property
  • Shelving
  • Crown Molding
  • Recessed Lighting
  • Gas Fireplace
  • Living Room
  • Breakfast Room
  • Dining Area
  • Screened Porch
  • Tile Flooring
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Parking

  • Attached Garage
  • Garage Door Opener

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Spa

Schools

  • Van R Butler Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 24-2S-21-42273-000-0100

Home Details

Home Type

Single Family

Year Built

Built in 1981

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 100x125
  • Road Frontage Type: County Road
  • Co List Office Mls Id: BR.HNR1
  • Co List Office Phone: 850-231-5030
  • Subdivision Name: n/a
  • Directions: From Destin, head East on Highway 98 just past Sacred Heart Hospital and turn North on Mack Bayou Rd. Turn right onto East Mack Bayou Rd and follow around until you get to Initial Lane. Turn left on Initial Lane and it is first house on the right.
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1981
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Fireplace Gas
  • Fireplace: Yes
  • Flooring: Tile
  • Interior Amenities: Breakfast Bar, Crown Molding, Recessed Lighting, Pantry, Shelving

Exterior Features

  • Pool Features: Heated, In Ground
  • Construction Type: Brick
  • Exterior Features: Private Yard, Hot Tub, Pool - Enclosed
  • Property Condition: Construction Complete
  • Roof: Shake

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas - Natural

Schools

  • Elementary School: Van R Butler
  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Parcel #: 24-2S-21-42273-000-0100
  • Zoning: Resid Single Family

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2021
Closed on
Jan 14, 2022
Sold by
Ray Brandon A and Ray Julie N
Bought by
Seller's Agent
Jay Long
Verve Real Estate LLC
Buyer's Agent
Jay Long
Verve Real Estate LLC
List Price
$635,000
Sold Price
$635,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.76%

Purchase Details

Closed on
Jul 26, 2021
Sold by
Henninger Claire M and Henninger David A
Bought by
Ray Brandon A and Ray Julie N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,100
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2012
Sold by
Henninger Claire M and Mapes Claire
Bought by
Henninger Claire M and Mapes Claire
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $476,250 New Conventional
Previous Owner $449,100 New Conventional
Previous Owner $152,000 Credit Line Revolving
Previous Owner $20,000 Credit Line Revolving
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/27/2026 07/27/26 Sold $650,000 -5.1% $278 / Sq Ft
04/29/2026 04/29/26 Pending -- -- --
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
Source: Emerald Coast Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 991124

Emerald Coast Association of REALTORS®

APN: 24-2S-21-42273-000-0100

Your Personal Tour Guide

Ask me questions while you tour the home.