NOT LISTED FOR SALE

Estimated Value: $2,184,500 - $2,462,000

5 Beds
3.5 Baths
3,403 Sq Ft
$674/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $2,250,000 $661 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $13,855/month

13 Days on Market

Highlights

  • Boat Dock
  • Golf Course Community
  • Fishing
  • Bay Elementary School Rated A-
  • Heated In Ground Pool
  • Lake View

About This Home

As of May 2024

Coastal luxury living is defined at 201 Needle Cast Lane in the exquisite community of Watersound Origins. Situated on a highly enviable homesite of .37 acres, one of the largest in the community, this home borders a large pond and a wooded preserve making it the most desirable tranquil retreat. This custom home has nearly 3,500 square feet of living space with 5 bedrooms, 3.5 bathrooms, a large, screened patio with gas fireplace and stunning summer kitchen. This picturesque backyard with a very large, heated pool offers tranquil views of the lake, ample green space, providing a high level of privacy with mature, lush landscaping.Paired with the summer kitchen featuring a gas grill, refrigerator, brick-clad gas fireplace and screens, this outdoor space is designed for relaxation, dining and entertaining.Upon approach to this remarkable custom home, you're greeted by Coppersmith true copper gooseneck lights, an architectural showpiece of soaring windows with an impressive tower design, charming covered porch, spacious 3-car garage and developed landscaping. An incredible amount of custom, outdoor landscape lighting has been added to truly make this home standout! As you step through the front door, you'll be greeted by 2-story ceilings and a grand staircase flooding the foyer with natural light. This one-of-a-kind home offers wire-brushed white oak flooring throughout, shiplap gracing the walls and plantation shutters, creating an exceptional transitional design.The living room focal point is the white brick-clad fireplace and custom built-ins surrounding the showpiece. Spread open the full glass panel slider doors and create an indoor-outdoor oasis with the oversized screened porch. This porch is where you'll relax year-round with gas grill, refrigerator and summer kitchen with white cabinetry and quartz countertops. Charming drapes have been added for additional privacy and keep this area cozy and warmer on those nights you're enjoying the gas fireplace on.Back inside, the home is continuing the theme of being designed for entertaining in mind and you'll find the dining room is just off the living area. This room includes large windows providing natural light, a gorgeous Visual Comfort chandelier and hosts a wet bar, great for the convenience of guests.As you move into the kitchen, look up to find a soaring vaulted ceiling accentuated by shiplap, lovely Savoy House island pendants and beautiful custom cabinetry and quartz countertops. The kitchen is a culinary dream equipped with highly desirable appliances including a Viking 48'' gas range and Viking paneled refrigerator. Imagine the memories that could be made in this kitchen while you are able to engage with your friends and family at the oversized quartz kitchen island or the charming breakfast nook. Around the corner, you'll find a large walk-in pantry with built-in shelving and a laundry room complete with quartz countertops, sink, custom tile flooring and space for a front-loading washer and dryer. The charming hallway leading to the pantry and laundry has shiplap walls embellish with thoughtful hooks for coats and bags accessible when you're exiting to the 3-car garage at the end of the hallway.Moving from the living room to the left side of the home, you'll step into a uniquely-designed barreled archway leading to the powder room, primary suite and an additional bedroom. Having a 5th bedroom on the main level offers a variety of options available to the homeowner such a bedroom for guests or large home office, as the current owners are utilizing it for. Step toward the back of the home and you'll enter a tranquil retreat - the primary suite. This suite was thoughtfully designed with a spacious, custom built closet on the right and a luxurious bathroom on the left.

Last Agent to Sell the Property

Carly Sostheim

Corcoran Reverie Listed on: 03/22/2024

Corcoran Reverie

Last Buyer's Agent

Non Member

NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,697

Year Built

  • Built in 2021 | Remodeled

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 140 x 43 x 82 x 31 x 213 x 90
  • Fenced
  • Sprinkler System

HOA Fees

  • $195 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • HardiePlank Type

Interior Spaces

  • 3,403 Sq Ft Home
  • Wet Bar
  • Bookcases
  • Woodwork
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Lake Views

Kitchen

  • Double Oven
  • Gas Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Outdoor Kitchen

Schools

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

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Underground Utilities
  • Tankless Water Heater
  • Gas Water Heater

Community Details

Overview

  • Association fees include management, legal/accounting, playground, pool(s)
  • Watersound Origins Subdivision

Recreation

  • Boat Dock
  • Golf Course Community
  • Community Playground
  • Community Pool
  • Community Spa
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,697

Year Built

Built in 2021 | Remodeled

Lot Details

0

HOA Fees

$195 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2021
  • Property Sub Type: Detached
  • Lot Size Acres: 0.36
  • Lot Size: 140 x 43 x 82 x 31 x 213 x 90
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Watersound Origins
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Double Oven, Dryer, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Washer
  • Interior Amenities: Beamed Ceilings, Wet Bar, Bookcases, Fireplace, High Ceilings, Kitchen Island, Pantry, Remodeled, Recessed Lighting, Split Bedrooms, Vaulted Ceiling(s), Natural Woodwork
  • Spa Features: Community
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Outside
  • Fireplace: Yes
  • Living Area: 3403.0
  • Dining Room Type: Bedroom, Kitchen, Primary Bathroom, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Gas Heat, In Ground, Private, Community, Pool
  • Fencing: Fenced, Privacy
  • Pool Private: Yes
  • View: Lake
  • View: Yes
  • Waterfront: No
  • Construction Type: Frame, HardiPlank Type, Vinyl Siding
  • Exterior Features: Sprinkler/Irrigation, Outdoor Kitchen, Outdoor Shower, Pool
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Updated/Remodeled
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Attached, Driveway, Garage
  • Garage: Yes
  • Attached Garage: Yes

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air, Ceiling Fan(s), Multi Units
  • Heating: Central, Electric
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 585.0
  • Community Features: Dock, Fitness Center, Fishing, Golf, Other, Playground, Pool, See Remarks
  • Amenities: Dock
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Association Management, Legal/Accounting, Playground, Pool(s)

Schools

  • Middle Or Junior School: Emerald Coast

Lot Info

  • Lot Size Sq Ft: 15812.0

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 12697.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Dune Lakes
  • High School: South Walton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2024
Closed on
May 17, 2024
Sold by
Warner Michael
Bought by
Gerber Raymond and Gerber Nicola
Seller's Agent
Carly Sostheim
Corcoran Reverie
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$2,398,000
Sold Price
$2,250,000
Premium/Discount to List
-$148,000
-6.17%
Views
76
Current Estimated Value
$2,301,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,570
Avg. Annual Appreciation
2.50%
Original Mortgage
$766,550
Outstanding Balance
$759,182
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$1,560,794

Purchase Details

Listed on
Jul 3, 2021
Closed on
Aug 6, 2021
Sold by
Warbler Properties Llc
Bought by
Warner Michael
Seller's Agent
Anne Winicki
Berkshire Hathaway HomeServices
Buyer's Agent
Carly Sostheim
Corcoran Reverie SRB
List Price
$1,825,000
Sold Price
$1,825,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.82%
Original Mortgage
$1,424,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2020
Sold by
The Watersound Company Llc
Bought by
Warbler Properties 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
Gerber Raymond $2,250,000 None Listed On Document
Warner Michael $1,825,000 South Oak Title Llc
Warbler Properties Llc $198,500 Reliant 850 Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerber Raymond $766,550
Previous Owner Warner Michael $1,424,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2024 05/17/24 Sold $2,250,000 -6.2% $661 / Sq Ft
03/22/2024 03/22/24 For Sale $2,398,000 +31.4% $705 / Sq Ft
08/06/2021 08/06/21 Sold $1,825,000 0.0% $537 / Sq Ft
07/03/2021 07/03/21 Pending -- -- --
07/03/2021 07/03/21 For Sale $1,825,000 -- $537 / Sq Ft
Source: Central Panhandle 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 $12,697 $1,618,520 $302,500 $1,316,020
2023 $12,697 $1,397,317 $302,500 $1,094,817
2022 $11,823 $1,275,758 $335,775 $939,983
2021 $1,693 $174,887 $174,887 $0
2020 $1,313 $131,560 $131,560 $0
2019 $0 $2,338 $2,338 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 754649

Central Panhandle Association of REALTORS®

APN: 25-3S-18-16242-000-0180