638 N Walton Lakeshore Dr Alys Beach, FL 32461
Estimated payment $21,927/month
Highlights
- Lake Front
- Boat Dock
- Recreation Room
- Dune Lakes Elementary School Rated A-
- 0.24 Acre Lot
- Beach House
About This Home
Rare Lakefront Gem in Inlet Beach - Ideal for a Second Home or Full-Time Coastal Living
Welcome to 638 N Walton Lakeshore, a one-of-a-kind opportunity to own the only lakefront home currently available on this sought-after street in beautiful Inlet Beach. Whether you're searching for a serene second home or your forever coastal escape, this property offers the perfect blend of luxury, privacy, and waterfront living.
Set on the edge of scenic Lake Powell, just a short stroll from the sugar-white sands of the Gulf, this home is thoughtfully designed for those who crave both relaxation and adventure. Inside, you'll find an airy, open-concept living space flooded with natural light—perfect for entertaining or unwinding after a day on the water. Soaring ceilings, rich finishes, and tranquil lake views create a warm, inviting atmosphere that instantly feels like home.
Enjoy year-round outdoor living with expansive screened porches, a spacious deck, and a private pool surrounded by lush landscaping. From your backyard, launch a paddleboard or take off from your private dock to explore the lakeor head to the nearby new marina at Wild Heron for lunch by boat.
With its peaceful setting and close proximity to the best of 30Aboutique shopping, award-winning dining, scenic trails, and world-class golfthis home offers an exceptional lifestyle for those seeking a laid-back yet elevated way of life on the Emerald Coast.
Don't miss your chance to own the last available lakefront home on N Walton Lakeshore. Whether you're here for the season or planting permanent roots, this is coastal living at its finest.
Listing Agent
Christies International Real Estate Emerald Coast Listed on: 03/23/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,819
Year Built
- Built in 2021
Lot Details
- 10,454 Sq Ft Lot
- Lot Dimensions are 75 x 150
- Lake Front
Parking
- 2 Car Attached Garage
Home Design
- Beach House
Interior Spaces
- 3,975 Sq Ft Home
- 3-Story Property
- Dining Area
- Recreation Room
- Lake Views
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Full Bathrooms
Pool
- Gunite Pool
Schools
- Dune Lakes Elementary School
- Emerald Coast Middle School
- South Walton High School
Utilities
- High Efficiency Air Conditioning
- Multiple cooling system units
- Central Heating
- Tankless Water Heater
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 25-3S-18-16040-00A-0080
Community Details
Overview
- Lake Shore Estates Subdivision
Recreation
- Boat Dock
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 | $19,819 | $3,171,424 | $660,000 | $2,511,424 |
| 2023 | $19,819 | $1,860,188 | $0 | $0 |
| 2022 | $15,672 | $1,691,080 | $304,123 | $1,386,957 |
| 2021 | $0 | $392,219 | $0 | $0 |
| 2020 | $0 | $531,067 | $243,360 | $287,707 |
| 2019 | $333 | $378,108 | $0 | $0 |
| 2018 | $328 | $371,058 | $0 | $0 |
| 2017 | $318 | $363,426 | $0 | $0 |
| 2016 | $314 | $355,951 | $0 | $0 |
| 2015 | $317 | $353,477 | $0 | $0 |
| 2014 | $3,105 | $301,319 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/16/2023 08/16/23 | Sold | $4,067,500 | 0.0% | $1,023 / Sq Ft |
| 08/03/2023 08/03/23 | Pending | -- | -- | -- |
| 08/03/2023 08/03/23 | For Sale | $4,067,500 | +296.8% | $1,023 / Sq Ft |
| 02/01/2021 02/01/21 | Sold | $1,025,000 | 0.0% | $405 / Sq Ft |
| 12/29/2020 12/29/20 | Pending | -- | -- | -- |
| 12/29/2020 12/29/20 | For Sale | $1,025,000 | -- | $405 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $4,150,000 | None Listed On Document | |
| Warranty Deed | $1,025,000 | Attorney | |
| Warranty Deed | $525,000 | Panhandle Land Title Llc | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $1,000,000 | Seller Take Back | |
| Open | $3,000,000 | New Conventional | |
| Previous Owner | $520,000 | Credit Line Revolving | |
| Previous Owner | $820,000 | Commercial | |
| Previous Owner | $175,000 | Credit Line Revolving | |
| Previous Owner | $424,221 | Unknown | |
| Previous Owner | $475,000 | Seller Take Back |
Source: Emerald Coast Association of REALTORS®
MLS Number: 945325
APN: 25-3S-18-16040-00A-0080
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