NOT LISTED FOR SALE

21 Founders Ln Watersound, FL 32461

Watersound Neighborhood

Estimated Value: $3,995,578 - $4,182,000

0.15 Acre
$27,492,633 Price per Acre
6,534 Sq Ft Lot

Last Sold April 18, 2012

Last sale price $275,000

Est. 1,400% increase in value since last sale

Current estimated payment $24,344/month

107 Days on Market

About This Lot

As of April 2012

This lot is located in the gated community of WaterSound Beach behind towering dunes along one of the most beautiful beaches in the world. The WaterSound Beach gatehouse leads directly into Wind Rose, convenient to Scenic Highway 30-A and Signal Park. Shared parks, a village green, preserved woodlands and wetlands, heated Swimming pools, pedestrian bridges and footpaths for easy access to the beach all make up WaterSound. A DRB approved set of plans for a 2950SF home from local architect, Geoff Chick convey with the lot at closing. Listing Broker/Salesperson has ownership interest in the property.

Last Agent to Sell the Property

Brett Arnold

Berkshire Hathaway HomeServices License #3234585 Listed on: 12/22/2011

Last Buyer's Agent

Erin Martin

The Premier Property Group License #3094130

Property Details

Property Type

  • Land

HOA Fees

  • $370 Monthly HOA Fees

Lot Details

  • Lot Dimensions are 40x20x23x135x63x115

Schools

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

Community Details

  • Watersound Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20-3S-18-16012-000-0270

Property Details

Property Type

Land

HOA Fees

$370 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size: 40X20X23X135X63X115
  • Subdivision Name: WATERSOUND BEACH
  • Directions: WATERSOUND BEACH IS LOCATED OFF OF HWY 30-A. TURN RIGHT AT THE FIRST STOP SIGN ONTO SALT BOX LANE AND THEN YOUR FIRST LEFT ONTO FOUNDERS LANE
  • Remarks Misc:Remarks: This lot is located in the gated community of WaterSound Beach behind towering dunes along one of the most beautiful beaches in the world. The WaterSound Beach gatehouse leads directly into Wind Rose, convenient to Scenic Highway 30-A and Signal Park. Shared parks, a village green, preserved woodlands and wetlands, heated Swimming pools, pedestrian bridges and footpaths for easy access to the beach all make up WaterSound. A DRB approved set of plans for a 2950SF home from local architect, Geoff Chick convey with the lot at closing. Listing Broker/Salesperson has ownership interest in the property.
  • Utilities Electric: Yes
  • Special Features: None

Utilities

  • Utilities: Electric

Condo/Co-op/Association

  • Association #2 Fee: 1110.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 20-3S-18-16012-000-0270
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2025
Sold by
Jlcw Properties Llc
Bought by
Hartle Holdings Llc
Current Estimated Value
$4,123,895

Purchase Details

Closed on
Oct 11, 2022
Sold by
Stanbery Jason R and Stanbery Lauren P
Bought by
Jlcw Properties Llc

Purchase Details

Closed on
Feb 28, 2019
Sold by
Watson David N
Bought by
Stanbery Jason R and Stanbery Lauren P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,837,500
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 11, 2018
Sold by
Watson David N and Watson Deborah G
Bought by
Watson David N and 2017 Watson Tenancy By The Entr

Purchase Details

Closed on
Jul 24, 2017
Sold by
Cooley Jim D and Cooley Tamrnie
Bought by
Watson David N and Watson Deborah G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,775,000
Interest Rate
3.91%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 15, 2013
Sold by
Starfish Development Llc
Bought by
Cooley Jim Dean and Cooley Tammie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,460,000
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 22, 2011
Closed on
Apr 18, 2012
Sold by
Wind Rose 27 Llc
Bought by
Starfish Development Llc
Seller's Agent
Brett Arnold
Berkshire Hathaway HomeServices
Buyer's Agent
Erin Martin
The Premier Property Group
List Price
$275,000
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.61%

Purchase Details

Closed on
Oct 29, 2010
Sold by
Founders Lane Partners Llc
Bought by
Wsb 27 Llc
Source: Public Records
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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
Hartle Holdings Llc $4,100,000 Bright Line Title
Hartle Holdings Llc $4,100,000 Bright Line Title
Jlcw Properties Llc -- --
Stanbery Jason R $2,625,000 Rodgers Kiefer Title
Watson David N -- None Available
Watson David N $2,565,000 Neighborhood Title Group
Cooley Jim Dean $1,825,000 None Available
Starfish Development Llc $275,000 Attorney
Wsb 27 Llc $170,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stanbery Jason R $1,837,500
Previous Owner Watson David N $1,775,000
Previous Owner Cooley Jim Dean $1,460,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2012 04/18/12 Sold $275,000 0.0% --
04/07/2012 04/07/12 Pending -- -- --
12/22/2011 12/22/11 For Sale $275,000 -- --
Source: Emerald Coast Association of REALTORS®

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 $32,761 $3,625,774 $950,000 $2,675,774
2024 $31,585 $3,669,628 $937,992 $2,731,636
2023 $31,585 $3,476,080 $937,992 $2,538,088
2022 $24,748 $3,520,488 $1,041,171 $2,479,317
2021 $18,587 $1,920,175 $728,537 $1,191,638
2020 $17,826 $1,785,781 $605,927 $1,179,854
2019 $18,465 $1,859,372 $588,279 $1,271,093
2018 $17,915 $1,796,700 $0 $0
2017 $17,266 $1,773,017 $555,009 $1,218,008
2016 $15,548 $1,553,804 $0 $0
2015 $15,106 $1,486,064 $0 $0
2014 $14,537 $1,410,164 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2012

    Brett Arnold

    Berkshire Hathaway HomeServices

  • E

    Buyer's Agent in 2012

    Erin Martin

    The Premier Property Group

    (850) 685-3242

    30 Total Sales

    Erin Martin
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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 569210

Emerald Coast Association of REALTORS®

APN: 20-3S-18-16012-000-0270

Florida Walton County Watersound 32459 Watersound

21 Founders Ln, Watersound, FL

Not Listed for Sale

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