NOT LISTED FOR SALE

Estimated Value: $5,612,000 - $5,776,000

5 Beds
5.5 Baths
4,949 Sq Ft
$1,156/Sq Ft Est. Value

Last Sold June 21, 2021

Last sale price $3,850,000 $778 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $33,798/month

Highlights

  • Beach
  • Heated In Ground Pool
  • Primary Bedroom Suite
  • Dune Lakes Elementary School Rated A-
  • Gulf View
  • Gated Community

About This Home

As of June 2021

This palatial home has been graciously appointed with spaces that flow seamlessly into one another, creating an open, inviting and spacious feel throughout. The perfect and highly desired design aesthetic in such an idyllic beachside setting is featured throughout this Dakota floor plan. The residence will highlight the effortless combination between form and function. Come be introduced to and experience 30A's newest gated beachfront community.

Last Agent to Sell the Property

Hilary & Jacob

Corcoran Reverie SRB Listed on: 03/12/2021

Last Buyer's Agent

Blake Morar Group

Scenic Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x99
  • Property fronts a private road

HOA Fees

  • $267 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Beach House
  • Shingle Roof
  • Shake Siding
  • Cement Board or Planked

Interior Spaces

  • 4,949 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Sitting Room
  • Living Room
  • Wood Flooring
  • Gulf Views
  • Fire and Smoke Detector

Kitchen

  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite

Outdoor Features

  • Heated In Ground Pool
  • Balcony
  • Built-In Barbecue
  • Porch

Schools

  • Bay Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Multiple cooling system units
  • Central Heating
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 20-3S-18-16310-000-0150

Community Details

Overview

  • Association fees include accounting, ground keeping, legal
  • Grace Point Subdivision

Recreation

  • Beach

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2021 | Under Construction

Lot Details

4,792 Sq Ft Lot

HOA Fees

$267 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Lot Size: 50x99
  • Road Frontage Type: Private Road
  • Subdivision Name: Grace Point
  • Directions: From Rosemary Beach head west on 30A for approximately 4 miles. Grace Point is located in between Prominence and The Watersound Beach club. Turn left into the neighborhood on Grace Point Way. Peace Lane will be on your left.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2021
  • Remarks Misc:Remarks: This palatial home has been graciously appointed with spaces that flow seamlessly into one another, creating an open, inviting and spacious feel throughout. The perfect and highly desired design aesthetic in such an idyllic beachside setting is featured throughout this Dakota floor plan. The residence will highlight the effortless combination between form and function. Come be introduced to and experience 30A's newest gated beachfront community.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Appliances Microwave: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Sitting Room: Yes
  • Energy:AC - 2 or More: Yes
  • Energy:Water Heater - Tnkls: Yes
  • Utilities:Gas - Natural: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Microwave, Range Hood, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Interior Amenities: Ceiling Cathedral, Ceiling Raised, Fireplace Gas, Floor Hardwood, Furnished - None, Kitchen Island, Lighting Recessed
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Floor Hardwood: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Ceiling Cathedral: Yes
  • Appliances:Range Hood: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Fireplace Gas: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Roof Shingle/Shake, Siding CmntFbrHrdBrd, Shake Siding
  • Exterior Features: Balcony, BBQ Pit/Grill, Fireplace, Pool - Heated, Pool - In-Ground, Porch
  • Property Condition: Under Construction
  • Exterior:Porch: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Siding Shake: Yes
  • Construction Status:Under Construction: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Pool - Heated: Yes
  • ConstructionSiding:Roof ShingleShake: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:BBQ PitGrill: Yes
  • Exterior:Fireplace2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Rooms:Garage5: Yes

Utilities

  • Cooling: Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Gas - Natural, Phone, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Gated Community
  • Association #2 Fee: 800.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Legal

Schools

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

Lot Info

  • Lot Size Sq Ft: 4791.6
  • Parcel #: 20-3S-18-16310-000-0150
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2026
Sold by
Bowen Spencer and Bowen Jami
Bought by
Robert Read Davis Revocable Trust and Davis
Current Estimated Value
$5,803,793

Purchase Details

Listed on
Mar 12, 2021
Closed on
Jun 18, 2021
Sold by
Js Partners Grace Llc
Bought by
Bowen Spencer and Bowen Jami
Seller's Agent
Hilary & Jacob
Corcoran Reverie SRB
Buyer's Agent
Blake Morar Group
Scenic Sotheby's International Realty
List Price
$3,850,000
Sold Price
$3,850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.74%
Original Mortgage
$2,500,000
Interest Rate
2.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Robert Read Davis Revocable Trust $5,750,000 Shoreline Title
Bowen Spencer $3,850,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bowen Spencer $2,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2021 06/21/21 Sold $3,850,000 0.0% $778 / Sq Ft
03/12/2021 03/12/21 For Sale $3,850,000 -- $778 / Sq Ft
03/11/2021 03/11/21 Pending -- -- --
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 $39,991 $4,425,854 $1,466,250 $2,959,604
2024 $40,215 $4,425,854 $1,466,250 $2,959,604
2023 $40,215 $4,425,854 $1,466,250 $2,959,604
2022 $38,265 $4,128,977 $1,528,775 $2,600,202
2021 $8,415 $1,516,601 $1,516,601 $0
2020 $8,099 $1,387,500 $1,387,500 $0
2019 $3,949 $594,825 $594,825 $0
2018 $3,680 $554,400 $0 $0
2017 $1,754 $191,262 $191,262 $0
2016 $1,472 $147,125 $0 $0
2015 -- $137,500 $137,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 866665

Emerald Coast Association of REALTORS®

APN: 20-3S-18-16310-000-0150

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