$3,500,000
SOLD AUG 28, 2020
6 Beds
6.5 Baths
4,900 Sq Ft
6,055 Sq Ft Lot

Recently Sold

$714 Per Sq Ft

175 Days on Market

Highlights

  • Beach
  • Upgraded Media Wing
  • Gulf View
  • Bay Elementary School Rated A-
  • Heated In Ground Pool
  • Gated Community

About This Home

As of August 2020

With its timeless, elegant architecture and ideal location on a quiet, premier, tree-lined street this Coastal estate stands apart as one of the finest private residences ever offered in WaterSound Beach. This incredible property features a 5 bedroom, 5-1/2 bath main residence, 1 bedroom, 1 bath carriage house and 2-car garage. Infused with dazzling natural light and defined by turn-key elegance, the main residence captures every imaginable luxury for world-class entertaining and offers sweeping views from the 4th floor tower.
Real wood tongue & groove 12-foot walls grace the entirety of the home, leading the way to an elegant library and oversized first floor laundry room. An elegant hall leads to the great room with pecky cypress trey ceilings open into the kitchen and adjacent trey ceilings open into the kitchen and adjacent private dining room. Quartzite countertops elegantly sit atop the custom pecky cabinetry and flanking the oversized island. Thermador gas stove and refrigerator, a pair of Bosch dishwashers and freezers drawers only add to the quality of the chef's kitchen.

The 2nd floor offers a master retreat with his and her closets and spa-like bath, with access to the rear screened-in porch. Three guest quarters with en-suites, a 2nd-floor laundry and screened-in porch complete the second floor. Taking the elevator to the third floor, a wet bar/morning kitchen and secondary media room await. The outdoor seating area opens to the spiral staircase to the tower where stunning gulf views beckon early morning coffee watching the sunrise.

Additional amenities to the home include Pecky Cypress accenting the ceilings & custom doors throughout the home, whole house central vacuum system, Nano doors, outdoor kitchen, heated pool, custom furnishings, 2-car garage and one-bedroom carriage house complete this coastal residence.

Enjoy all of this among the exclusive luxuries and amenities of WaterSound Beach, just a stone's throw from the world-class beaches and a short Golf cart or bike ride away from award-winning restaurants, shopping and more.

Last Agent to Sell the Property

Hilary & Jacob

Corcoran Reverie SRB Listed on: 01/24/2020

Last Buyer's Agent

Andy Wiggins

The Beach Group Properties LLC License #3076380

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,745

Year Built

  • Built in 2012

Lot Details

  • Lot Dimensions are 55x105x60x105

HOA Fees

  • $430 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Beach House
  • Shingle Roof
  • Shake Siding

Interior Spaces

  • 4,900 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Built-in Bookshelves
  • Crown Molding
  • Beamed Ceilings
  • Recessed Lighting
  • Fireplace
  • Window Treatments
  • Living Room
  • Upgraded Media Wing
  • Screened Porch
  • Gulf Views
  • Home Security System
  • Dryer

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven or Range
  • <<selfCleaningOvenToken>>
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Heated In Ground Pool
  • Covered Deck
  • Open Patio

Schools

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

Utilities

  • Multiple cooling system units
  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 20-3S-18-16012-000-0510

Community Details

Overview

  • Watersound Beach Subdivision
  • The community has rules related to covenants

Recreation

  • Beach
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,745

Year Built

Built in 2012

Lot Details

0

HOA Fees

$430 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 55X105X60X105
  • Road Surface Type: Paved
  • Subdivision Name: WATERSOUND BEACH
  • Directions: Go through the main entrance at Watersound Beach. Continue straight and make your second right on Boat Wright Way. Make your second right on N. Watch Tower Lane. Home is on the left.
  • Architectural Style: Beach House
  • New Construction: No
  • Building Stories: 4
  • Year Built: 2012
  • Utilities Electric: Yes
  • Appliances Dryer: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Appliances Microwave: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Gas - Natural: Yes
  • Special Features: None
  • Stories: 4

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Security System, Stove/Oven Gas, Wine Refrigerator
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Ceiling Beamed, Ceiling Crwn Molding, Fireplace, Floor Hardwood, Floor Tile, Furnished - All, Guest Quarters, Kitchen Island, Lighting Recessed, Pantry, Upgraded Media Wing, Window Treatment All
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Appliances:Security System: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Fireplace: Yes
  • Interior:Ceiling Beamed: Yes
  • Interior:Guest Quarters2: Yes

Exterior Features

  • Lot Features: Covenants, Restrictions
  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Roof Shingle/Shake, Shake Siding
  • Exterior Features: Deck Covered, Deck Open, Guest Quarters, Patio Open, Pool - Heated, Pool - In-Ground, Porch Screened
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • Exterior:Deck Covered: Yes
  • ConstructionSiding:Siding Shake: Yes
  • Exterior:Patio Open: Yes
  • Exterior:Deck Open: Yes
  • Exterior:Pool - Heated: Yes
  • ConstructionSiding:Roof ShingleShake: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Porch Screened: Yes
  • Exterior:Guest Quarters: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Garage3: Yes

Utilities

  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Gas - Natural, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Gated Community, Pool
  • Association #2 Fee: 1290.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 20-3S-18-16012-000-0510
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 16744.99
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2023
Sold by
Pointe Construction Llc
Bought by
Lafrate Dominic C
Current Estimated Value
$2,127,096

Purchase Details

Closed on
Oct 11, 2021
Sold by
Flood Patrick S and Flood Lisa M
Bought by
Pointe Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,293,750
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jan 24, 2020
Closed on
Aug 28, 2020
Sold by
Felin Donald R and Felin Vita
Bought by
Flood Patrick S and Flood Lisa M
Seller's Agent
Hilary & Jacob
Corcoran Reverie SRB
Buyer's Agent
Andy Wiggins
The Beach Group Properties LLC
List Price
$3,500,000
Sold Price
$3,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.68%

Purchase Details

Listed on
Dec 7, 2012
Closed on
Dec 7, 2012
Sold by
Rice James Alex and Rice Cynthia S
Bought by
Felin Donald R and Donald R Felin Trust
Seller's Agent
Hilary Farnum-Fasth
Corcoran Reverie SRB
Buyer's Agent
Hilary Farnum
Legendary Realty Inc
List Price
$2,100,000
Sold Price
$2,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%
Original Mortgage
$650,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2012
Sold by
Perloe Michele and Williams Jane M
Bought by
Rice James Alex and Rice Cynthia S

Purchase Details

Closed on
Sep 1, 2004
Sold by
Ponderosa Properties Llc
Bought by
Perloe Michele and Williams Jane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$805,500
Interest Rate
6.01%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 18, 2004
Sold by
St Joe Arvida Home Building Lp
Bought by
Ponderosa Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,441
Interest Rate
6.25%
Mortgage Type
Unknown
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 Type Sale Price Title Company
Warranty Deed $1,900,000 --
Warranty Deed $1,725,000 Elite Title
Warranty Deed $3,500,000 Shoreline Title Llc
Warranty Deed $2,100,000 Attorney
Warranty Deed $275,000 Attorney
Warranty Deed $895,000 Mcneese Title Llc
Special Warranty Deed $691,500 Residential Cmnty Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,293,750 Future Advance Clause Open End Mortgage
Previous Owner $500,000 Credit Line Revolving
Previous Owner $650,000 New Conventional
Previous Owner $815,000 Adjustable Rate Mortgage/ARM
Previous Owner $805,500 Unknown
Previous Owner $632,441 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $3,500,000 0.0% $714 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
01/24/2020 01/24/20 For Sale $3,500,000 +66.7% $714 / Sq Ft
06/23/2019 06/23/19 Off Market $2,100,000 -- --
12/07/2012 12/07/12 Sold $2,100,000 0.0% $535 / Sq Ft
12/07/2012 12/07/12 Pending -- -- --
12/07/2012 12/07/12 For Sale $2,100,000 -- $535 / Sq Ft
Source: Emerald Coast 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 $12,684 $1,535,552 $1,535,552 --
2023 $12,684 $1,395,956 $1,395,956 $0
2022 $14,360 $1,549,512 $1,549,512 $0
2021 $29,673 $3,065,512 $1,084,238 $1,981,274
2020 $17,228 $2,504,063 $901,765 $1,602,298
2019 $16,745 $1,723,491 $0 $0
2018 $16,493 $1,691,355 $0 $0
2017 $16,051 $1,656,567 $0 $0
2016 $15,865 $1,622,495 $0 $0
2015 $16,003 $1,611,216 $0 $0
2014 $16,100 $1,598,429 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 838847

Emerald Coast Association of REALTORS®

APN: 20-3S-18-16012-000-0510