$1,560,000
SOLD APR 14, 2026

58 Initial Ln Santa Rosa Beach, FL 32459

4 Beds
3 Baths
2,428 Sq Ft
0.33 Acres Lot

Sale Details

Date Sold: April 14, 2026

$643 Per Sq Ft

16% Below List Price

313 on Market

Highlights

  • Docks
  • Home fronts a seawall
  • Boat Lift
  • Van R. Butler Elementary School Rated A-
  • Parking available for a boat
  • Primary Bedroom Suite

About This Home

As of April 2026

Welcome to 58 Initial Lane, a beautifully remodeled waterfront gem that combines luxurious living with serene natural beauty. This unique home features 4 bedrooms and 3 bathrooms all on one level, designed with meticulous attention to detail for ultimate ease of living. The interior showcases original hardwood floors and upscale finishes throughout, with a completely remodeled kitchen and bathrooms that add a touch of modern elegance. Step outside to discover your private dock and boat lift, set on a deep-water bayou with direct access to Choctawhatchee Bay. Ideal for fishing enthusiasts, the property offers breathtaking sunsets and a tranquil setting in a quiet neighborhood with no HOA restrictions. Every detail of this home has been thoughtfully designed to enhance comfort and style. The standout feature is the waterfront primary bedroom, which includes a private, secluded sitting room perfect for relaxation. The spa-like master bathroom is a highlight, featuring an original clawfoot tub that adds a touch of timeless elegance. Don't miss this rare opportunity to own a piece of waterfront paradise. Schedule your private showing today!

Last Agent to Sell the Property

Courtney Stubley

The Premier Property Group Seacrest Office License #3415972 Listed on: 04/17/2025

Last Buyer's Agent

Clayton Bonjean

Mainsail Realty Company License #671253

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,078

Year Built

  • Built in 1984

Lot Details

  • 14,375 Sq Ft Lot
  • Lot Dimensions are 96 x 191 x 162 x 110
  • Home fronts a seawall
  • Property fronts a bayou
  • Property fronts a county road
  • Cul-De-Sac
  • Property is Fully Fenced
  • Privacy Fence

Parking

  • 1 Car Detached Garage
  • Oversized Parking
  • Automatic Garage Door Opener
  • Parking available for a boat

Home Design

  • Craftsman Architecture
  • Brick Exterior Construction
  • Metal Roof
  • Cement Board or Planked

Interior Spaces

  • 2,428 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Entrance Foyer
  • Sitting Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Wood Flooring
  • Bayou Views

Kitchen

  • Double Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Freestanding Bathtub
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Bulkhead
  • Boat Lift
  • Docks
  • Shed

Schools

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

Utilities

  • Central Heating and Cooling System

Community Details

  • Unrecorded Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-2S-21-42273-000-0060

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,078

Year Built

Built in 1984

Lot Details

0.33 Acres

Parking

1

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.33
  • Lot Size: 96 x 191 x 162 x 110
  • Road Frontage Type: County Road
  • Subdivision Name: UNRECORDED SUBDIVISION
  • Directions: North on Mack Bayou from 98, right on East Mack Bayou, left at the stop sign to continue on East Mack Bayou, left onto Initial Lane, the home will be at the end of the street.
  • Architectural Style: Craftsman Style
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1984
  • Remarks Misc:Remarks: Welcome to 58 Initial Lane, a beautifully remodeled waterfront gem that combines luxurious living with serene natural beauty. This unique home features 4 bedrooms and 3 bathrooms all on one level, designed with meticulous attention to detail for ultimate ease of living. The interior showcases original hardwood floors and upscale finishes throughout, with a completely remodeled kitchen and bathrooms that add a touch of modern elegance. Step outside to discover your private dock and boat lift, set on a deep-water bayou with direct access to Choctawhatchee Bay. Ideal for fishing enthusiasts, the property offers breathtaking sunsets and a tranquil setting in a quiet neighborhood with no HOA restrictions.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Rooms:Foyer: Yes
  • Rooms:Breakfast Room: Yes
  • Rooms:Sitting Room: Yes
  • Waterfront:Bayou: Yes
  • Waterview:Bayou2: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Furnished - None
  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Microwave, Oven Double, Range Hood, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Floor Hardwood
  • Interior Amenities: Walls Paneled
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Floor Hardwood: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Appliances:Oven Double: Yes
  • Interior:Walls Paneled: Yes

Exterior Features

  • Fencing: Fenced Lot-All, Fenced Privacy
  • Lot Features: Bulkhead/Seawall, Cul-De-Sac, Within 1/2 Mile to Water
  • View: Bayou
  • Waterfront Features: Bayou
  • Waterfront: Yes
  • Construction Type: Brick, Siding CmntFbrHrdBrd
  • Exterior Features: Boatlift, Dock, Yard Building
  • Property Condition: Renovated, Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Cul-De-Sac: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Lot Features:BulkheadSeawall: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Fenced Privacy: Yes
  • ConstructionSiding:Brick: Yes
  • Exterior:Fenced Lot-All: Yes
  • Exterior:Boatlift: Yes
  • Exterior:Dock: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Boat, Detached, Garage Detached, Oversized
  • General Property Info:Garage2: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Oversized: Yes
  • Parking Features:Garage Detached: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Boat: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Public Water

Schools

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

Lot Info

  • Lot Size Sq Ft: 14374.8
  • Parcel #: 24-2S-21-42273-000-0060
  • Zoning: Resid Single Family

Tax Info

  • Tax Annual Amount: 3078.19
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2025
Closed on
Apr 14, 2026
Sold by
Alan Bailey and Leslie Crystal
Bought by
Burke Matthew and Burke Carrie
Seller's Agent
Courtney Stubley
The Premier Property Group Seacrest Office
Buyer's Agent
Clayton Bonjean
Mainsail Realty Company
List Price
$1,865,000
Sold Price
$1,560,000
Premium/Discount to List
-$305,000
-16.35%
Views
92

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-85.25%
Original Mortgage
$1,250,000
Outstanding Balance
$1,250,000
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$13,832

Purchase Details

Listed on
Jul 6, 2022
Closed on
Sep 13, 2022
Sold by
Martin Boyd F and Martin Wiggins
Bought by
Bailey Chase Alan and Bailey Crystal Leslie
Seller's Agent
Scott Provow
Scott Provow Realty
Buyer's Agent
Courtney Stubley
The Premier Property Group Seacrest Office
List Price
$1,407,000
Sold Price
$1,100,000
Premium/Discount to List
-$307,000
-21.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.25%

Purchase Details

Closed on
Dec 19, 2019
Sold by
Martin Boyd F and Martin Daphne Wiggins
Bought by
Martin Boyd Finley and Martin Daphne Wiggins

Purchase Details

Closed on
Dec 4, 2003
Sold by
Morrison Bruce and Morrison Paulette
Bought by
Martin Boyd F and Martin Daphne Wiggins

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,050
Interest Rate
6.07%
Mortgage Type
Unknown
Source: Public Records
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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 $1,560,000 Burke Law & Title
Warranty Deed $1,100,000 Provident Title
Interfamily Deed Transfer -- Attorney
Warranty Deed $445,000 Coastal Title Group Inc
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
Open $1,250,000 New Conventional
Previous Owner $396,050 Unknown
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2026 04/14/26 Sold $1,560,000 -8.2% $643 / Sq Ft
02/24/2026 02/24/26 Pending -- -- --
02/07/2026 02/07/26 Price Changed $1,700,000 -5.3% $700 / Sq Ft
09/03/2025 09/03/25 Price Changed $1,795,000 -3.8% $739 / Sq Ft
04/17/2025 04/17/25 For Sale $1,865,000 +69.5% $768 / Sq Ft
09/14/2022 09/14/22 Sold $1,100,000 -17.0% $453 / Sq Ft View Prior Sale
08/31/2022 08/31/22 Pending -- -- --
08/15/2022 08/15/22 Price Changed $1,325,000 -5.8% $546 / Sq Ft
07/06/2022 07/06/22 For Sale $1,407,000 -- $579 / 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
2025 $3,140 $386,138 -- --
2024 $2,962 $375,256 -- --
2023 $2,962 $364,326 $0 $0
2022 $2,841 $344,720 $0 $0
2021 $2,875 $334,680 $0 $0
2020 $2,923 $361,325 $193,865 $167,460
2019 $2,833 $322,638 $0 $0
2018 $2,785 $316,622 $0 $0
2017 $2,705 $310,110 $0 $0
2016 $2,669 $303,732 $0 $0
2015 $2,691 $301,621 $0 $0
2014 $2,707 $299,227 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 972373

Emerald Coast Association of REALTORS®

APN: 24-2S-21-42273-000-0060

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