$2,490,000
$509K PRICE DROP

Estimated payment $14,526/month

Total Views 149,294
1.38 Acres
$1,804,348 Price per Acre
60,113 Sq Ft Lot

Highlights

  • Waterfront
  • Gulf View
  • Wetlands on Lot
  • Van R. Butler Elementary School Rated A-
  • 1.38 Acre Lot
  • Community Pool

About This Lot

Welcome to Oyster Lake Estate! 399 Allen Loop Dr encompasses 1.38 acres on one of the world's rare coastal dune lakes. This estate offers a level of privacy and space unrivaled on the lake. With water views, sunset-facing exposure, a 6-minute walk to the beach and exceptional parking capacity, this is a 30A opportunity unlikely to be replicated.
Originally built in 1994 and updated over time, the residence offers over 3,000 square feet with 5 bedrooms and 4 full bathrooms, along with a versatile bonus room ideal for a game room, media space or additional living area. The layout is both comfortable and functional, ready to enjoy as-is or tailor to your vision.
Perfectly positioned to embrace its surroundings, the home captures expansive views across Oyster Lake with the Gulf shimmering beyond, setting the stage for stunning sunsets each evening. Whether relaxing on the deck or in the heated, saltwater pool overlooking the lake, the setting feels immersive and serene. Inside, the primary suite, kitchen, living, and dining areas are all thoughtfully oriented to the water, creating a seamless connection between indoor and outdoor living.
What further distinguishes this property is how effortlessly it blends lifestyle and functionality. A private dock on Oyster Lake invites easy days on the water, from paddleboarding at sunrise to kayaking at sunset. The residence itself sits high and dry in Flood Zone X, while the 1.38-acre homesite provides a level of privacy rarely found along 30A. A 3-car garage, parking for 11+ additional vehicles, and an RV pad with electric, water, and sewer hookups offer exceptional flexibility.
Just a 6-minute walk to the beach, this home allows you to enjoy the 30A lifestyle without the hassle of public parking. Spend the morning on the sand, return home for lunch, and head back with ease. With three convenient access points to Highway 98, you'll also benefit from smooth connectivity without the typical traffic challenges.
The views are protected, the setting is peaceful, and the combination of acreage, waterfront, and proximity to the Gulf is truly exceptional.

Listing Agent

Julie Smith

Christies International Real Estate Emerald Coast License #3355784 Listed on: 05/04/2026

Christies International Real Estate Emerald Coast

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,232

Lot Details

  • 1.38 Acre Lot
  • Property fronts a county road
  • Irregular Lot

Parking

  • Parking Lot

Property Views

  • Gulf
  • Lake

Home Design

  • Stucco

Location

  • Flood Insurance May Be Required

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 03-3S-20-34150-000-0243

Community Details

Overview

  • Dune Allen Subdivision

Recreation

  • Waterfront
  • Community Pool
  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$10,232

Lot Details

1.38 Acres

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 1.38
  • Lot Size: irregular
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: DUNE ALLEN
  • Directions: From west end of 30A, travel east and turn left onto Allen Loop. 399 Allen Loop will be on your right in about 8/10 of a mile.
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Flood Insurance Req, Irregular Lot, Wetlands, Within 1/2 Mile to Water, RV Lot
  • View: Gulf, Lake
  • Waterfront Features: Coastal Dune Lakes
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco
  • Roof: Shingle

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool, Waterfront, Short Term Rental - Allowed

Schools

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

Lot Info

  • Lot Size Sq Ft: 60112.8
  • Parcel #: 03-3S-20-34150-000-0243
  • Zoning: Resid Single Family

Tax Info

  • Tax Annual Amount: 10232.49
  • Tax Year: 2025

Matterport 3D Tour

Floorplans

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,232 $1,171,043
2024 $9,692 $1,138,040
2023 $9,692 $1,104,893 $0 $0
2022 $9,588 $1,072,712 $0 $0
2021 $6,502 $721,705 $0 $0
2020 $6,406 $679,067 $223,877 $455,190
2019 $6,686 $710,644 $0 $0
2018 $6,576 $696,768 $0 $0
2017 $3,441 $387,128 $0 $0
2016 $3,367 $380,320 $0 $0
2015 $3,351 $376,071 $0 $0
2014 $3,189 $345,996 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2026 08/17/26 Price Changed $2,490,000 -7.8% --
06/02/2026 06/02/26 Price Changed $2,700,000 -10.0% --
05/04/2026 05/04/26 For Sale $2,999,000 +277.2% --
05/31/2017 05/31/17 Sold $795,000 0.0% $255 / Sq Ft View Prior Sale
04/23/2017 04/23/17 Pending -- -- --
10/12/2016 10/12/16 For Sale $795,000 -- $255 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $795,000 H & S Title & Escrow Inc
Warranty Deed $465,000 Mcgill Escrow & Title Llc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $200,000 Credit Line Revolving
Previous Owner $355,000 New Conventional
Previous Owner $60,000 Credit Line Revolving
Previous Owner $300,000 Unknown
Source: Public Records

About the Listing Agent

Julie Smith

Christies International Real Estate Emerald Coast

(448) 448-0828

Section Image

Julie's Other Listings

  • 0 Bayview Dr, Freeport, FL 32439

    $560,000

    • Land
    • 0.5 Acre
    • $1,120,000 per Acre
    • 0 Bayview Dr
    • Freeport, FL

    An Outstanding Investment Opportunity: Rare Bayfront Lot in Freeport's Growing Market. As Freeport rapidly expands, opportunities to own bayfront property in a well-maintained neighborhood are becoming increasingly rare. This exceptional half-acre homesite on Red Barn Road offers stunning views of Choctawhatchee Bay and is an ideal investment in one of Florida's fastest-growing cities. Nestled in

    Julie Smith Christies International Real Estate Emerald Coast

    Section Image
  • 61 Charming Way, Santa Rosa Beach, FL 32459

    $925,000 Sold Mar 20, 2026

    • 4 Beds
    • 3.5 Baths
    • 2,241 Sq Ft
    • 61 Charming Way
    • Santa Rosa Beach, FL

    Welcome to 61 Charming Way - a true crowd-pleaser with a flawless reputation. With almost 60 reviews and every single one rated 5 stars, this 4-bedroom, 3.5-bath home has clearly earned its place as a guest favorite along 30A. Located in the heart of Dune Allen, this beautifully designed coastal retreat blends comfort, style, and convenience in a way that keeps guests coming back year after

    Julie Smith Christies International Real Estate Emerald Coast

  • 18 Heidi Heights Dr, Santa Rosa Beach, FL 32459

    $1,425,000 Sold Nov 24, 2025

    • 4 Beds
    • 4.5 Baths
    • 2,888 Sq Ft
    • 18 Heidi Heights Dr
    • Santa Rosa Beach, FL

    Welcome to 18 Heidi Heights Drive, a custom-built home in a gated community just a short walk from the beach. Every inch of this property reflects thoughtful design and timeless craftsmanship, with upscale finishes and upgrades in every room. From the 10-foot ceilings and crown molding throughout to the curated mix of accent walls featuring shiplap, wallpaper, and reclaimed Old Chicago brick, the

    Julie Smith Christies International Real Estate Emerald Coast

  • 116 Bayou Edge Landing, Santa Rosa Beach, FL 32459

    $615,000 Sold Nov 24, 2025

    • 3 Beds
    • 3 Baths
    • 1,898 Sq Ft
    • 116 Bayou Edge Landing
    • Santa Rosa Beach, FL

    Steps from the Bay, Minutes to the Gulf, Outdoor Living at Its Best Start your morning sipping coffee as a gentle bay breeze drifts across your shaded patio. This immaculate 3-bedroom, 3-bath home invites you to slow down and savor the coastal lifestyle, whether you're launching a kayak from the community dock, spending the afternoon at the pool, or heading just minutes down the road to the

    Julie Smith Christies International Real Estate Emerald Coast

  • 25 Crossing Ln Unit C, Santa Rosa Beach, FL 32459

    $250,000 Sold Apr 15, 2026

    • 3 Beds
    • 2.5 Baths
    • 1,496 Sq Ft
    • 25 Crossing Ln
    • Unit C
    • Santa Rosa Beach, FL

    Live the 30A lifestyle without the 30A price tag. This beautifully maintained 3-bedroom, 2.5-bath townhome in Miller's Crossing offers the perfect blend of style, convenience, and everyday comfort, just minutes from the beach and everything that makes South Walton so special.Inside, you'll find an open, light-filled layout with custom touches that make this home stand out. Shiplap and

    Julie Smith Christies International Real Estate Emerald Coast

  • 29 Beach View Dr, Inlet Beach, FL 32461

    $750,000 Sold Mar 06, 2026

    • 3 Beds
    • 3.5 Baths
    • 1,960 Sq Ft
    • 29 Beach View Dr
    • Inlet Beach, FL

    Priced at $799,500, 29 Beach View presents a rare opportunity to own a like-new home in The Ivy at Inlet Beach, featuring a custom floor plan found nowhere else in the neighborhood. Built in 2021 and used exclusively as a second home, it has been impeccably maintained and shows beautifully.Designed for comfort and versatility, the home offers a first-floor primary suite plus two additional

    Julie Smith Christies International Real Estate Emerald Coast

Source: Emerald Coast Association of REALTORS®

MLS Number: 1002211

Emerald Coast Association of REALTORS®

APN: 03-3S-20-34150-000-0230

Your Personal Tour Guide

Ask me questions while you tour the home.