NOT LISTED FOR SALE

85 Grayling Way Alys Beach, FL 32461

Estimated Value: $615,000 - $638,000

3 Beds
2.5 Baths
1,768 Sq Ft
$355/Sq Ft Est. Value

Last Sold March 19, 2025

Last sale price $595,000 $337 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,729/month

364 Days on Market

Highlights

  • Beach House
  • Attached Garage
  • Central Air
  • Dune Lakes Elementary School Rated A-
  • Living Room
  • Dining Room

About This Home

As of March 2025

MASSIVE 55,000 PRICE DROP!

Welcome to 85 Grayling Way, nestled within the charming Waterview at Inlet Beach subdivision. This 2-story beach cottage is a coastal haven, boasting 3 bedrooms, 2.5 baths, and one of the largest lots in the neighborhood, complete with a generously sized yard for all your outdoor activities that is completely fenced in.

As you step inside, you'll be greeted by an open and inviting floor plan, with 1725 square feet of space to make your own. Hardwood flooring adds warmth and character to the living areas, while sleek granite countertops and stainless steel appliances in the kitchen make meal preparation a breeze. Whether you're enjoying a quiet evening in or entertaining guests, this home offers the perfect backdrop for coastal living. Upstairs, you'll find all the bedrooms, designed for your comfort and convenience. The laundry room is easily accessible, ensuring your daily chores are a breeze. The coastal cottage design creates a soothing ambiance, providing the ideal setting to unwind after a day at the beach.
What truly sets this property apart is its prime location. Shopping, dining, and beach access are all just a short walk or bike ride away. Inlet Beach is renowned for its dedicated beach with showers, ample parking, and a welcoming golf cart-friendly atmosphere. Picture yourself hopping on your bike and exploring the nearby gems of Rosemary Beach, 30A, or Alys Beach. This is the lifestyle you've been dreaming of.

Whether you're seeking a primary residence to call your own or an income-producing rental property, this cottage has you covered. With impressive rental numbers, you can enjoy the best of both worlds, beach living and a savvy investment.
Don't miss out on this opportunity to own a piece of paradise at 85 Grayling Way. Your coastal oasis awaits. Schedule your visit today and make your beachside dreams a reality!

Last Agent to Sell the Property

Sean Lauten

Realty Pro Group LLC License #3443814 Listed on: 10/02/2024

Co-Listed By

Tiffany Lauten

Realty Pro Group LLC License #3443815

Last Buyer's Agent

Sean Lauten

Realty Pro Group LLC License #3443814 Listed on: 10/02/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,939

Year Built

  • Built in 2012

Lot Details

  • 5,445

HOA Fees

  • $54 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Beach House

Interior Spaces

  • 1,768 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Bay Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Additional Features

  • Lot Dimensions are 25x100x60x24x110
  • Central Air

Community Details

  • Water View At Inlet Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 36-3S-18-16810-000-0120

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,939

Year Built

Built in 2012

Lot Details

0

HOA Fees

$54 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 25x100x60x24x110
  • Co List Office Mls Id: ERPG
  • Co List Office Phone: 850-557-9792
  • Subdivision Name: WATER VIEW AT INLET BEACH
  • Directions: From Hwy 98 turn onto North Orange Street. Take first left on Grayling and home is on the left.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2012
  • Remarks Misc:Remarks: MASSIVE 55,000 PRICE DROP! Welcome to 85 Grayling Way, nestled within the charming Waterview at Inlet Beach subdivision. This 2-story beach cottage is a coastal haven, boasting 3 bedrooms, 2.5 baths, and one of the largest lots in the neighborhood, complete with a generously sized yard for all your outdoor activities that is completely fenced in. As you step inside, you'll be greeted by an open and inviting floor plan, with 1725 square feet of space to make your own. Hardwood flooring adds warmth and character to the living areas, while sleek granite countertops and stainless steel appliances in the kitchen make meal preparation a breeze. Whether you're enjoying a quiet evening in or entertaining guests, this home offers the perfect backdrop for coastal living.
  • Utilities Electric: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Rooms:Living Room: Yes
  • Rooms:Dining Room: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes

Garage/Parking

  • Attached Garage: Yes
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes

Utilities

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

Condo/Co-op/Association

  • Association #2 Fee: 650.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 36-3S-18-16810-000-0120
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3938.74
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2024
Closed on
Mar 12, 2025
Sold by
Champion Mark
Bought by
Shabanas Financial Services Llc
Seller's Agent
Sean Lauten
Realty Pro Group LLC
Buyer's Agent
Sean Lauten
Realty Pro Group LLC
List Price
$725,000
Sold Price
$595,000
Premium/Discount to List
-$130,000
-17.93%
Views
68
Current Estimated Value
$627,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,141
Avg. Annual Appreciation
6.89%
Original Mortgage
$416,500
Outstanding Balance
$413,652
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$213,489

Purchase Details

Closed on
Nov 30, 2018
Sold by
Lauderdale Matthew and Lauderdale Michaelanne
Bought by
Champion Julia L and Champion Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2017
Sold by
Mcconnell Cynthia
Bought by
Lauderdale Matthew and Lauderdale Michaelanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,800
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 7, 2014
Closed on
Dec 5, 2014
Sold by
D R Horton Inc
Bought by
Lauderdale Matthew and Lauderdale Michaelanne
Seller's Agent
Jennifer Ochs
DR Horton Realty of Northwest Florida LLC
Buyer's Agent
Jim Dixon
Berkshire Hathaway HomeServices
List Price
$259,900
Sold Price
$259,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.27%
Original Mortgage
$211,558
Interest Rate
4.4%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shabanas Financial Services Llc $595,000 First National Land Title
Champion Julia L $355,000 Attorney
Lauderdale Matthew -- Attorney
Lauderdale Matthew $259,900 Dhi Title Of Florida Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shabanas Financial Services Llc $416,500
Previous Owner Champion Julia L $284,000
Previous Owner Lauderdale Matthew $212,800
Previous Owner Lauderdale Matthew $211,558
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/19/2025 03/19/25 Sold $595,000 -4.0% $337 / Sq Ft
02/11/2025 02/11/25 Pending -- -- --
01/31/2025 01/31/25 Price Changed $620,000 -8.1% $351 / Sq Ft
11/12/2024 11/12/24 Price Changed $675,000 -4.9% $382 / Sq Ft
08/07/2024 08/07/24 Price Changed $710,000 -2.3% $402 / Sq Ft
06/24/2024 06/24/24 Price Changed $727,000 +0.3% $411 / Sq Ft
02/13/2024 02/13/24 For Sale $725,000 +179.0% $410 / Sq Ft
12/05/2014 12/05/14 Sold $259,900 0.0% $151 / Sq Ft View Prior Sale
10/20/2014 10/20/14 Pending -- -- --
08/07/2014 08/07/14 For Sale $259,900 -- $151 / Sq Ft
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
2025 $4,681 $572,862 $150,000 $422,862
2024 $4,748 $673,897 $90,361 $583,536
2023 $4,748 $387,655 $0 $0
2022 $3,939 $505,844 $100,300 $405,544
2021 $3,101 $320,376 $73,107 $247,269
2020 $2,993 $302,317 $66,884 $235,433
2019 $2,683 $270,146 $64,311 $205,835
2018 $2,532 $260,207 $0 $0
2017 $2,384 $255,263 $60,091 $195,172
2016 $2,046 $204,436 $0 $0
2015 $1,995 $196,291 $0 $0
2014 $1,895 $183,791 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 942263

Emerald Coast Association of REALTORS®

APN: 36-3S-18-16810-000-0120