4936 Grassy Pond Rd Chipley, FL 32428
Estimated payment $3,867/month
Highlights
- Beach Front
- Home fronts a pond
- Pond View
- Greenhouse
- RV Access or Parking
- Maid or Guest Quarters
About This Home
Welcome to Monarch Ranch in Grassy Pond Ranches: Private Oasis with Two Homes, Equestrian Access and Endless Possibilities! Escape to your private 9.8-acre sanctuary on Grassy Pond, featuring two meticulously maintained homes, a versatile barn, and over 300 feet of waterfront on spring-fed Grassy Pond! This unique property offers the perfect blend of luxurious living, practical amenities, and abundant space for recreation or even a small farm. The main residence, custom-built by a builder as his personal home, boasts 2,496 sq ft of thoughtfully designed living space. This 3-bedroom, 2.5-bathroom home offers incredible flexibility with abundant storage throughout (seriously, closets everywhere!). You'll appreciate the convenience of two water heaters in the main house, ensuring a consistent hot water supply. The chef's kitchen is a culinary dream, equipped with a wall oven, cooktop with a custom vent hood, and custom cabinetry with all the bells and whistles - you'll want to explore the pantry, it's a ''WOW''! Enjoy indoor/outdoor living on the wrap-around porch, perfect for entertaining and taking in the serene surroundings. The formal dining room can easily serve as an office or an additional bedroom, adapting to your needs. A convenient half bath and laundry room are located near the back door. Just steps away, the charming 960 sq ft guest house provides comfortable accommodations with an efficiency kitchenette, a large great room, a spacious bathroom with a walk-in shower, and a huge bedroom. This adorable retreat also features great storage, an 8x40' lean-to, and a tankless on-demand water heater for efficient hot water whenever needed. The impressive barn/detached garage offers incredible utility, currently accommodating 4 cars and an RV or boat with each bay measuring 12x36' and featuring roll-up doors. A 14x36' carport provides additional covered parking. Inside the barn, you'll find a climate-controlled 9x10' office. For those with agricultural aspirations, the garage can easily be converted into a livestock barn, or the lean-to area could be transformed into stalls. A fenced area around the barn is perfect for pets. Located in Grassy Pond Ranches, a sought-after community known for its numerous equestrian farms, this property offers an unparalleled opportunity for horse enthusiasts. With a private gate providing direct access to the Washington County Water Management District, you'll have miles and miles of trails right at your fingertips. This property would be an absolute dream for someone with horses who desires the opportunity for extensive cross-country riding. This exceptional Monarch Ranch is more than just a property; it's a lifestyle. Imagine hosting unforgettable gatherings, enjoying peaceful lakeside mornings, or pursuing your farming and equestrian dreams. Don't miss this rare opportunity!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,447
Year Built
- Built in 1996
Lot Details
- 9.83 Acre Lot
- Home fronts a pond
- Beach Front
- Partially Fenced Property
- Cleared Lot
- Property is zoned County, Horses Allowed, Resid Single Family
Parking
- 4 Car Detached Garage
- RV Access or Parking
Home Design
- Dwelling with Rental
- Brick Exterior Construction
- Slab Foundation
- Metal Roof
Interior Spaces
- 2,496 Sq Ft Home
- 1-Story Property
- Built-in Bookshelves
- Shelving
- Crown Molding
- Ceiling Fan
- Double Pane Windows
- Great Room
- Dining Room
- Home Office
- Screened Porch
- Utility Room
- Laundry Room
- Pond Views
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Electric Oven or Range
- Cooktop with Range Hood
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wall to Wall Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Maid or Guest Quarters
- In-Law or Guest Suite
- Dual Vanity Sinks in Primary Bathroom
- Separate Shower in Primary Bathroom
Outdoor Features
- Pond
- Covered Deck
- Greenhouse
- Rain Gutters
Utilities
- Multiple cooling system units
- Two Heating Systems
- Central Heating
- Well
- Tankless Water Heater
- Multiple Water Heaters
- Septic Tank
Community Details
- Grassy Pond Ranches Subdivision
- Community Pavilion
Listing and Financial Details
- Assessor Parcel Number 00000000-00-3073-0026
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,447 | $227,491 | -- | -- |
| 2023 | $2,392 | $220,865 | $0 | $0 |
| 2022 | $2,324 | $214,432 | $0 | $0 |
| 2021 | $2,304 | $208,186 | $0 | $0 |
| 2020 | $2,280 | $205,312 | $0 | $0 |
| 2019 | $2,300 | $200,696 | $0 | $0 |
| 2018 | $2,329 | $196,954 | $0 | $0 |
| 2017 | $2,362 | $192,903 | $49,150 | $143,753 |
| 2016 | $2,421 | $193,504 | $0 | $0 |
| 2015 | $2,651 | $204,090 | $0 | $0 |
| 2014 | -- | $165,350 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/30/2025 07/30/25 | Price Changed | $699,900 | -2.1% | $280 / Sq Ft |
| 07/17/2025 07/17/25 | Price Changed | $715,000 | -1.4% | $286 / Sq Ft |
| 07/10/2025 07/10/25 | Price Changed | $725,000 | -1.4% | $290 / Sq Ft |
| 07/01/2025 07/01/25 | Price Changed | $735,000 | -0.7% | $294 / Sq Ft |
| 06/26/2025 06/26/25 | Price Changed | $739,900 | -1.3% | $296 / Sq Ft |
| 06/05/2025 06/05/25 | For Sale | $749,900 | -- | $300 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
MLS Number: 978634
APN: 00000000-00-3073-0026
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