NOT LISTED FOR SALE

Estimated Value: $5,291,000 - $5,862,000

6 Beds
8 Baths
3,990 Sq Ft
$1,368/Sq Ft Est. Value

Last Sold February 22, 2022

Last sale price $4,200,000 $1,053 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $33,230/month

Highlights

  • Beach
  • Heated In Ground Pool
  • Gulf View
  • Dune Lakes Elementary School Rated A-
  • Fishing
  • Gated Community

About This Home

As of February 2022

Discover a refined coastal ambiance throughout this new construction Watersound Beach home. No detail has been overlooked to create a truly stunning, one-of-a-kind property. The spacious outdoor retreat includes a private heated swimming pool & ample deck space for relaxing. Special features include Venetian plaster walls, custom millwork, handcrafted wood ceiling beams, an elevator & marble bathrooms. The spacious open concept living & dining areas are centered around a concrete fireplace, grounded by gorgeous white oak hardwood floors & filled with abundant natural light. Sliding bifold doors from the kitchen open to a screened porch. The porch includes a fireplace & summer kitchen with vented grill & refrigerator. The gourmet kitchen is both beautiful & functional with Wolf & Sub-Zero appliances, separate wet bar, quartz countertops & custom cabinetry. A guest bedroom, laundry & powder bath complete the first story. On the second floor, find a luxe master suite with private balcony & spa-like master bathroom with modern soaking tub & separate walk-in shower. Down the hall find an additional junior master suite & two additional guest bedrooms all with their own ensuites. A secondary living area offers & additional laundry room gives added convenience. A bunk room, sitting area, full bathroom & wet bar are conveniently located on the third floor. The tower is the perfect spot to unwind while enjoying breathtaking community views that lead to the sparkling Gulf of Mexico.

Last Agent to Sell the Property

Anne Winicki

Scenic Sotheby's International Realty License #705369 Listed on: 12/31/2021

Last Buyer's Agent

Anne Winicki

St Joe Community Sales Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,546

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • Lot Dimensions are 50x110
  • Property fronts a private road

HOA Fees

  • $430 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Home Design

  • Beach House
  • Composition Shingle Roof

Interior Spaces

  • 3,990 Sq Ft Home
  • 4-Story Property
  • Elevator
  • Fireplace
  • Double Pane Windows
  • Living Room
  • Dining Room
  • Screened Porch
  • Gulf Views
  • Home Security System

Kitchen

  • Gas Oven or Range
  • Stove
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Cultured Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Garden Bath

Pool

  • Heated In Ground Pool

Schools

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

Utilities

  • Multiple cooling system units
  • Water Tap Fee Is Paid
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 20-3S-18-16013-000-0410

Community Details

Overview

  • Association fees include ground keeping, management, recreational faclty, security, trash
  • Watersound Beach Subdivision
  • The community has rules related to covenants

Recreation

  • Beach
  • Community Pool
  • Fishing

Additional Features

  • Recreation Room
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,546

Year Built

Built in 2022 | Under Construction

Lot Details

0

HOA Fees

$430 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 50X110
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: WATERSOUND BEACH
  • Directions: Enter through main gate, turn left on Boat Wright Way and then left on Compass Point Way.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 4
  • Year Built: 2022
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Utilities:Tap Fee Paid: Yes
  • Appliances Microwave: Yes
  • Energy:Double Pane Windows: Yes
  • Energy:AC - 2 or More: Yes
  • Energy:Water Heater - Tnkls: Yes
  • Special Features: None
  • Stories: 4

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Microwave, Range Hood, Refrigerator, Security System, Stove/Oven Dual Fuel, Water Heater - Tnkls
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Flooring: Floor Hardwood, Floor Marble
  • Interior Amenities: Elevator, Fireplace 2+, Kitchen Island
  • Window Features: Double Pane Windows
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Interior:Elevator: Yes
  • Interior:Floor Hardwood: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Cultured Mrble: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Kitchen Island: Yes
  • Appliances:Security System: Yes
  • Appliances:StoveOven Dual Fuel: Yes
  • Interior:Floor Marble: Yes
  • Interior:Fireplace 2: Yes

Exterior Features

  • Lot Features: Covenants, Restrictions, Within 1/2 Mile to Water
  • Pool Features: Pool - Heated, Pool - In-Ground, Pool Type
  • View: Gulf
  • Construction Type: Siding Shake
  • Patio And Porch Features: Patio Covered, Porch Screened
  • Property Condition: Under Construction
  • Lot Features:Within 12 Mile to Water: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Siding Shake: Yes
  • Construction Status:Under Construction: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Porch Screened: Yes
  • ConstructionSiding:Roof Composite Shngl: 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

  • Sewer: Public Sewer
  • Utilities: Electric, Public Water, Tap Fee Paid

Condo/Co-op/Association

  • Community Features: Beach, Community Room, Fishing, Gated Community, Pool, TV Cable, Waterfront
  • Association #2 Fee: 1290.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Management, Recreational Faclty, Security, Trash

Schools

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

Lot Info

  • Parcel #: 20-3S-18-16013-000-0410
  • Zoning: Resid Single Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2021
Closed on
Feb 22, 2022
Sold by
Syla Properties Llc
Bought by
Fanning Richard P and Fanning Aileen K
Seller's Agent
Anne Winicki
Scenic Sotheby's International Realty
Buyer's Agent
Anne Winicki
St Joe Community Sales Inc
List Price
$4,200,000
Sold Price
$4,200,000
Current Estimated Value
$5,457,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,257,038
Avg. Annual Appreciation
7.65%

Purchase Details

Closed on
Jun 30, 2017
Sold by
Konrtis Peter
Bought by
Syla Properties Llc

Purchase Details

Closed on
Aug 21, 2013
Sold by
The St Joe Company
Bought by
Kourtis Peter and Peter Kourtis Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
4.58%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 8, 2004
Sold by
Lasky Andrew and Kirschner Ronald S
Bought by
Jar Enterprises Llc

Purchase Details

Closed on
May 23, 2003
Sold by
St Joe Arvida Home Building Lp
Bought by
Krasnodebski John R and Boyaris Kristine R
Source: Public Records

Range of Values:

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Average Value
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List Price
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 Buyer Sale Price Title Company
Fanning Richard P $4,200,000 Rodgers Kiefer Title
Syla Properties Llc $940,000 Rodgers Kiefer Title
Kourtis Peter $550,000 None Available
Jar Enterprises Llc -- --
Krasnodebski John R $430,000 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Syla Properties Llc $750,000
Previous Owner Sylav Properties Llc $750,000
Previous Owner The Peter Kourtis Trust $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2022 02/22/22 Sold $4,200,000 0.0% $1,053 / Sq Ft
12/31/2021 12/31/21 For Sale $4,200,000 -- $1,053 / Sq Ft
12/30/2021 12/30/21 Pending -- -- --
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 $39,546 $4,576,917 $1,395,956 $3,180,961
2023 $39,546 $4,352,216 $1,395,956 $2,956,260
2022 $12,122 $1,549,512 $1,549,512 $0
2021 $10,043 $1,084,238 $1,084,238 $0
2020 $9,002 $901,765 $901,765 $0
2019 $8,695 $875,500 $875,500 $0
2018 $8,475 $850,000 $0 $0
2017 $6,801 $737,100 $737,100 $0
2016 $6,272 $675,000 $0 $0
2015 $5,726 $600,000 $0 $0
2014 $4,897 $475,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 888194

Emerald Coast Association of REALTORS®

APN: 20-3S-18-16013-000-0410