$5,500,000
SOLD DEC 31, 2024
6 Beds
9 Baths
6,375 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$863 Per Sq Ft

21% Below List Price

396 Days on Market

Highlights

  • Heated In Ground Pool
  • Gulf View
  • Recreation Room
  • Bay Elementary School Rated A-
  • 0.18 Acre Lot
  • Beach House

About This Home

As of December 2024

The last and final homesite is now available within the newest exclusive low-density community opportunity in Inlet Beach featuring a unique collaboration with the Development team at Freeman Partners, the Builders at Holiday Beach Development, and interior furnishings by the Magnolia House Design Group.

The four home community has been thoughtfully designed by the sought after team at T.S. Adams Studio keeping architectural integrity in mind while taking full advantage of the prime location and stunning Gulf views. 27 Grand Inlet Court is situated on the second most southern homesite boasting over 6,300 square feet of well planned living and entertaining space. The first floor features an oversized media room in addition to two bedrooms with en-suites and access to the outdoor oasis.

The custom saltwater pool trimmed with Medusa pavers is an icon of relaxation. Upon entering the second floor, which can be accessed by the elevator servicing all four floors of the home, your eyes will be drawn to the custom wood ceiling adornments and random width white oak flooring.

The kitchen is a chefs dream with a luxury appliance suite, ample storage throughout the custom cabinetry, and Quartzite tops. The distinction between indoors and out is blurred with the oversized sliding glass doors creating a seamless divide between the living room and covered porch areas.

The third level is home to the primary suite complete with a dedicated sitting area, covered porch, along with dual walk in wardrobes, vanities, and water closets. Everlasting family memories await on the fourth floor with rooftop deck and fire pit providing a perfect space to enjoy the vibrant coastal sunsets each and every night.

Bordered by thirteen acres of protected dunes, Inlet Beach continues to be one of the most sought after beach communities affording residents with a quaint coastal town flair while remaining geographically poised minutes from the town center of Rosemary Beach and all of the world class dining and entertainment venues 30A has to offer.

The culmination of luxury finishes and fixtures found throughout 27 Grand Inlet Court coupled with the impressive rental potential
and fully furnished configuration creates a compelling opportunity for full time residents and investors alike. Inquire today to coordinate a private viewing and start living the coastal lifestyle you deserve.

Notable features include gas entry lanterns, eight-foot solid core doors, impact guard rated windows, smart home technology, whole-home audio wiring, forty-year architectural shingles, and an attached two-car garage.

Last Agent to Sell the Property

Hilary Farnum-Fasth

Corcoran Reverie SRB

Corcoran Reverie SRB

Last Buyer's Agent

Summit Group

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,389

Year Built

  • Built in 2023

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 129' x 62'

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Home Design

  • Beach House
  • Dimensional Roof
  • Composition Shingle Roof
  • Metal Roof
  • Shake Siding
  • Three Sided Brick Exterior Elevation
  • Cement Board or Planked

Interior Spaces

  • 6,375 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Built-in Bookshelves
  • Crown Molding
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Sitting Room
  • Living Room
  • Dining Area
  • Recreation Room
  • Gulf Views
  • Fire Sprinkler System

Kitchen

  • Walk-In Pantry
  • Gas Oven or Range
  • Stove
  • Range Hood
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • Balcony
  • Built-In Barbecue

Schools

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

Utilities

  • Multiple cooling system units
  • Two Heating Systems
  • Tankless Water Heater
  • Multiple Water Heaters
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 36-3S-18-16720-000-0020

Community Details

Recreation

  • Community Pool

Additional Features

  • Grand Inlet Subdivision
  • Building Fire Alarm
  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,389

Year Built

Built in 2023

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Lot Size: 129' x 62'
  • Subdivision Name: Grand Inlet
  • Directions: From Highway 98 heading West, turn left onto South Walton Lakeshore Drive then take the first right onto West Park Place Avenue. The entrance to the development will be on the right.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 4
  • Year Built: 2023
  • Utilities Electric: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Special Features: NewHome
  • Stories: 4

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Dryer, Fire Alarm/Sprinkler, Freezer, Ice Machine, Range Hood, Refrigerator W/IceMk, Stove/Oven Dual Fuel, Washer, Wine Refrigerator
  • Full Bathrooms: 6
  • Half Bathrooms: 3
  • Total Bedrooms: 6
  • Interior Amenities: Built-In Bookcases, Ceiling Crwn Molding, Elevator, Fireplace Gas, Floor Hardwood, Floor Tile, Furnished - All, Kitchen Island, Lighting Recessed, Owner's Closet, Pantry, Washer/Dryer Hookup, Window Treatmnt None
  • Window Features: Double Pane Windows
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Appliances:Ice Machine: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Freezer: Yes
  • Appliances:StoveOven Dual Fuel: Yes
  • Appliances:Wine Refrigerator: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Roof Dimensional Shg, Roof Metal, Siding Brick Some, Siding CmntFbrHrdBrd, Shake Siding
  • Exterior Features: Balcony, BBQ Pit/Grill, Fireplace, Pool - Gunite Concrt, Pool - Heated, Pool - In-Ground
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Siding Shake: Yes
  • ConstructionSiding:Roof Dimensional Shg: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • ConstructionSiding:Siding Brick Some: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • General Property Info:Garage2: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Garage3: Yes

Utilities

  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Elevators, Pool

Schools

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

Lot Info

  • Lot Size Sq Ft: 7840.8
  • Parcel #: 36-3S-18-16720-000-0020
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2023
Closed on
Dec 31, 2024
Sold by
Scenic Highway Partners Llc
Bought by
Laker David and Laker Melissa
Seller's Agent
Hilary Farnum-Fasth
Corcoran Reverie SRB
Buyer's Agent
Summit Group
Compass
List Price
$6,995,000
Sold Price
$5,500,000
Premium/Discount to List
-$1,495,000
-21.37%
Total Days on Market
396
Views
130
Current Estimated Value
$5,686,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,151
Avg. Annual Appreciation
8.91%
Original Mortgage
$3,850,000
Outstanding Balance
$3,839,902
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$1,846,249

Map

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $5,500,000 Rodgers Kiefer Title
Warranty Deed $5,500,000 Rodgers Kiefer Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,850,000 New Conventional
Closed $3,850,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2024 12/31/24 Sold $5,500,000 -12.6% $863 / Sq Ft
11/02/2024 11/02/24 Pending -- -- --
07/12/2024 07/12/24 Price Changed $6,295,000 -8.7% $987 / Sq Ft
02/23/2024 02/23/24 Price Changed $6,895,000 -1.4% $1,082 / Sq Ft
10/03/2023 10/03/23 For Sale $6,995,000 -- $1,097 / Sq Ft
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
2024 $7,389 $4,200,717 $910,780 $3,289,937
2023 $7,389 $727,422 $0 $0
2022 $6,595 $767,618 $767,618 $0
2021 $5,819 $601,175 $601,175 $0
2020 $3,517 $352,337 $352,337 $0
Source: Public Records

About the Listing Agent

Hilary Farnum-Fasth

Corcoran Reverie SRB

(850) 685-0171

Section Image

With nearly 30 years of experience, Hilary Farnum-Fasth is a recognized leader in luxury and new development real estate, setting the standard for excellence along 30A and beyond. Her deep market expertise, strategic foresight, and ability to bring high-end communities to life have made her an indispensable partner to developers, investors, and discerning buyers.

Hilary’s career began in new construction, where she played a pivotal role in the early development of WaterSound Beach

Hilary's Other Listings

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  • 1501 Match Point Ln Unit 501, Panama City Beach, FL 32413

    $675,000 New Construction

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  • 5956 Gulf Dr, Panama City, FL 32408

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    Emerging from the sugar white sands and idyllic turquoise hued waters of Panama City Beach resides the exclusive newly released Gulf front community of Hadley's Beach. Reigning on over four acres, the low density community encompasses a total of sixteen Gulf front homesites and ten first tier homesites. Expertly designed and planned, each homesite boasts a minimum width of 50' and strategic

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  • 5955 Gulf Dr, Panama City, FL 32408

    $2,195,000

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    Emerging from the sugar white sands and idyllic turquoise hued waters of Panama City Beach resides the exclusive newly released Gulf front community of Hadley's Beach. Reigning on over four acres, the low density community encompasses a total of sixteen Gulf front homesites and ten first tier homesites. Homesite number four boasts 50' of Gulf frontage taking full advantage of the views stretching

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  • 5948 Gulf Dr, Panama City Beach, FL 32408

    $2,795,000 Open Fri 9AM - 5PM

    • 6 Beds
    • 6.5 Baths
    • 4,570 Sq Ft
    • 5948 Gulf Dr
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    Compelling new construction opportunity in the brand new Gulf front community of Hadley's Beach. Emerging from the sugar white sands and idyllic turquoise hued waters of Panama City Beach resides the exclusive newly released Gulf front community of Hadley's Beach. Reigning on over four acres, the low density community encompasses a total of sixteen Gulf front homesites and ten first tier

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  • 5939 Gulf Dr, Panama City Beach, FL 32408

    $5,995,000 New Construction

    • 9 Beds
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    • 5,991 Sq Ft
    • 5939 Gulf Dr
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    Discover an unparalleled opportunity to own a brand-new Gulf-front estate in the prestigious Hadley's Beach community. This four-level, 5,891 sq. ft. professionally furnished residence epitomizes luxurious coastal living, featuring nine bedrooms, eleven bathrooms, a bunk room, and a private Gulf-front pool. Meticulously designed for both personal enjoyment and investment potential, this home

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  • 5919 Gulf Dr, Panama City Beach, FL 32408

    $1,895,000

    • Land
    • 0.25 Acre
    • $7,580,000 per Acre
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    Emerging from the sugar white sands and idyllic turquoise hued waters of Panama City Beach resides the exclusive newly released Gulf front community of Hadley's Beach. Reigning on over four acres, the low density community encompasses a total of sixteen Gulf front homesites and ten first tier homesites. Homesite number thirteen boasts 54' of Gulf frontage taking full advantage of the views

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  • 5952 Gulf Dr, Lower Grand Lagoon, FL 32408

    $795,000

    • Land
    • 0.12 Acre
    • $6,625,000 per Acre
    • 5952 Gulf Dr
    • Lower Grand Lagoon, FL

    Emerging from the sugar white sands and idyllic turquoise hued waters of Panama City Beach resides the exclusive newly released Gulf front community of Hadley's Beach. Reigning on over four acres, the low density community encompasses a total of sixteen Gulf front homesites and ten first tier homesites. Expertly designed and planned, each homesite boasts a minimum width of 50' and strategic

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  • 5932 Gulf Dr, Lower Grand Lagoon, FL 32408

    $795,000

    • Land
    • 0.12 Acre
    • $6,625,000 per Acre
    • 5932 Gulf Dr
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    Emerging from the sugar white sands and idyllic turquoise hued waters of Panama City Beach resides the exclusive newly released Gulf front community of Hadley's Beach. Reigning on over four acres, the low density community encompasses a total of sixteen Gulf front homesites and ten first tier homesites. Expertly designed and planned, each homesite boasts a minimum width of 50' and strategic

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Source: Emerald Coast Association of REALTORS®

MLS Number: 933736

Emerald Coast Association of REALTORS®

APN: 36-3S-18-16720-000-0020