NOT LISTED FOR SALE

87 Grace Point Way Alys Beach, FL 32461

Watersound Neighborhood

Estimated Value: $2,245,000 - $3,363,000

4 Beds
4.5 Baths
2,582 Sq Ft
$1,108/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $2,300,000 $891 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $16,644/month

89 Days on Market

Highlights

  • Gulf View
  • Gated Community
  • Newly Painted Property
  • Dune Lakes Elementary School Rated A-
  • Deck
  • Beach House

About This Home

As of May 2021

Located behind the gates of one of 30A's most exclusive communities sits the thoughtfully designed residence at 87 Grace Point Way. Upon entering the front door you are greeted with custom wood work and high end finishes throughout. The kitchen was designed with entertaining in mind featuring an oversized island and ample cabinet space. The first floor patio creates a seamless extension of the living area and effectively blurs the line between indoors and out. The first floor bedroom is situated on its own wing off of the living area and features an en-suite. Upstairs you will find the master suite along with two additional bedrooms and a balcony complete with gulf views. Pure relaxation is just steps away at the WaterSound Beach Club. Nestled in one of the best locations along 30A, Grace Point is centrally located to world-class dining and entertainment. Schedule your private showing today and start living the coastal lifestyle you deserve.

Last Agent to Sell the Property

Hilary & Jacob

Corcoran Reverie SRB Listed on: 08/21/2020

Last Buyer's Agent

The SoWal Group

Berkshire Hathaway HomeServices

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,142

Year Built

  • Built in 2017

Lot Details

  • Lot Dimensions are 42.5x70
  • Property fronts a private road
  • Interior Lot
  • Level Lot

HOA Fees

  • $267 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Golf Cart Parking

Home Design

  • Beach House
  • Newly Painted Property
  • Off Grade Structure
  • Frame Construction
  • Dimensional Roof
  • Composition Shingle Roof
  • Shake Siding
  • Cement Board or Planked

Interior Spaces

  • 2,582 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Woodwork
  • Crown Molding
  • Beamed Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Living Room
  • Dining Area
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Painted or Stained Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Exterior Washer Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Terrace
  • Built-In Barbecue
  • Porch

Schools

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

Utilities

  • Multiple cooling system units
  • Underground Utilities
  • Tankless Water Heater
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 20-3S-18-16310-000-0360

Community Details

Overview

  • Association fees include accounting, ground keeping
  • Grace Point Subdivision
  • The community has rules related to covenants

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,142

Year Built

Built in 2017

Lot Details

0

HOA Fees

$267 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 42.5x70
  • Road Frontage Type: Private Road
  • Subdivision Name: Grace Point
  • Directions: Located directly between WaterSound Beach and Prominence, Grace Point is the only gated community located on the South side of 30A.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2017
  • Remarks Misc:Remarks: Located behind the gates of one of 30A's most exclusive communities sits the thoughtfully designed residence at 87 Grace Point Way. Upon entering the front door you are greeted with custom wood work and high end finishes throughout. The kitchen was designed with entertaining in mind featuring an oversized island and ample cabinet space. The first floor patio creates a seamless extension of the living area and effectively blurs the line between indoors and out. The first floor bedroom is situated on its own wing off of the living area and features an en-suite. Upstairs you will find the master suite along with two additional bedrooms and a balcony complete with gulf views. Pure relaxation is just steps away at the WaterSound Beach Club.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Appliances Microwave: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Dining Area: Yes
  • Energy:AC - 2 or More: Yes
  • Energy:Water Heater - Tnkls: Yes
  • Utilities:Gas - Natural: Yes
  • Utilities:Underground: Yes
  • Energy:Water Heater - Gas: Yes
  • Rooms:Terrace: Yes
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Microwave, Range Hood, Refrigerator W/IceMk, Security System, Smoke Detector, Stove/Oven Gas
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Breakfast Bar, Ceiling Beamed, Ceiling Crwn Molding, Floor Hardwood, Furnished - All, Kitchen Island, Lighting Recessed, Newly Painted, Washer/Dryer Hookup, Woodwork Painted, Woodwork Stained
  • Interior:WasherDryer Hookup: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Newly Painted: Yes
  • Interior:Woodwork Painted: Yes
  • Appliances:Security System: Yes
  • Interior:Ceiling Beamed: Yes
  • Interior:Woodwork Stained: Yes

Exterior Features

  • Lot Features: Covenants, Interior, Level, Within 1/2 Mile to Water
  • View: Gulf
  • Construction Type: Foundation Off Grade, Frame, Roof Dimensional Shg, Siding CmntFbrHrdBrd, Shake Siding
  • Exterior Features: BBQ Pit/Grill, Deck Open, Porch
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • Exterior:Porch: Yes
  • Lot Features:Covenants: Yes
  • ConstructionSiding:Siding Shake: Yes
  • ConstructionSiding:Roof Dimensional Shg: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Deck Open: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:BBQ PitGrill: Yes
  • ConstructionSiding:Foundation Off Grade: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Golf Cart Open
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Rooms:Garage5: Yes
  • Parking Features:Golf Cart Open: Yes

Utilities

  • Cooling: Ceiling Fan(s)
  • Cooling Y N: Yes
  • Utilities: Electric, Gas - Natural, Phone, Public Sewer, TV Cable, Underground
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Pets Allowed
  • Association #2 Fee: 800.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping

Schools

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

Lot Info

  • Parcel #: 20-3S-18-16310-000-0360
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 11141.66
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2025
Sold by
Feldman Leslie S and Feldman April
Bought by
Feldman Leslie S and Feldman April
Current Estimated Value
$2,862,004

Purchase Details

Listed on
Aug 21, 2020
Closed on
May 28, 2021
Sold by
Grace Point Holdings Llc
Bought by
Feldman Leslie S and Feldman April
Seller's Agent
Hilary & Jacob
Corcoran Reverie SRB
Buyer's Agent
The SoWal Group
Berkshire Hathaway HomeServices
List Price
$2,300,000
Sold Price
$2,300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.81%

Purchase Details

Closed on
May 4, 2018
Sold by
Gp Contractors Llc
Bought by
Grace Point Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
4.45%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 1, 2015
Bought by
Gp Contractors Llc
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
Feldman Leslie S $100 None Listed On Document
Feldman Leslie S $2,300,000 Attorney
Grace Point Holdings Llc $1,400,000 Attorney
Gp Contractors Llc $850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grace Point Holdings Llc $1,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2021 05/28/21 Sold $2,300,000 0.0% $891 / Sq Ft
11/18/2020 11/18/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $2,300,000 -- $891 / 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 $18,705 $2,108,709 -- --
2024 $17,730 $2,049,280 -- --
2023 $17,730 $1,989,592 $0 $0
2022 $17,548 $1,931,643 $687,324 $1,244,319
2021 $13,410 $1,413,979 $601,175 $812,804
2020 $12,644 $1,297,997 $550,000 $747,997
2019 $11,142 $1,121,906 $396,550 $725,356
2018 $9,617 $1,083,943 $0 $0
2017 $1,403 $153,010 $153,010 $0
2016 $1,178 $117,700 $0 $0
2015 -- $110,000 $110,000 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2021

    Hilary & Jacob

    Corcoran Reverie SRB

  • T

    Buyer's Agent in 2021

    The SoWal Group

    Berkshire Hathaway HomeServices

See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 853697

Emerald Coast Association of REALTORS®

APN: 20-3S-18-16310-000-0360

Florida Walton County Alys Beach 32459 Watersound

87 Grace Point Way, Alys Beach, FL

Not Listed for Sale

Detached

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