Pending

480 Sugar Drive

Santa Rosa Beach FL, 32459

$1,394,000


$291.02 per sqft

Pending

5 Beds

5 Baths

4,790 sqft

Residential

Built in 1990

Recent interior painting ensures a fresh aesthetic, and the seller is now offering a $20,000 concession at closing! Main AC and apartment AC above the garage were replaced in 2024. Upstairs AC was replaced in 2021. This stunning lakefront estate, situated on over an acre of meticulously landscaped grounds, boasts of 200 feet of pristine waterfront and offers a prime investment opportunity. The property's potential for development into a bed and breakfast or yoga retreat is substantial. Priced under $300 per square foot, this exceptional property presents a unique opportunity for renovation and value enhancement. Upon entering, discover an entertainer's paradise, complete with a grand horseshoe drive that sets the tone for an unforgettable lakeside experience. The first floor features a cozy day room with a fireplace, a theater room, and a well-appointed kitchen with a chef-inspired design. The primary suite serves as a serene oasis, complete with a king-sized bed, separate sitting areas, and a luxuirous en-suite bath. Three additional guest bedrooms and a private pied-a-terre above the garage provide comfort and privacy for all guests. Outdoor amenities include an oversized, screened-in pool, a freshwater lake, and a freestanding hot tub. The property's lack of an HOA provides new owners with the freedom to add any additional amenities they desire.

951891

MLS ID

June 9, 2024

Listed

December 19, 2024

Updated

Map

480 Sugar Drive
Santa Rosa Beach FL, 32459

Interior Features

Total Stories

2


Bedrooms

5


Total Bathrooms

5


Full Bathrooms

5


Interior Features

Breakfast Bar, Built-In Bookcases, Ceiling Beamed, Ceiling Crwn Molding, Ceiling Vaulted, Fireplace Gas, Floor Hardwood, Floor Tile, Lighting Recessed, Lock Out, Pantry, Pull Down Stairs, Shelving, Upgraded Media Wing, Wallpaper, Walls Mirrored, Walls Wainscoting, Wet Bar, Window Treatment All, Woodwork Painted, Woodwork Stained


Appliances

Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven Double, Range Hood, Refrigerator W/IceMk, Security System, Smoke Detector, Stove/Oven Electric, Washer


Fireplace

No


Cooling

Yes


Cooling Description

Ceiling Fan(s), Central Air


Heating

Yes


Heating Description

Heat Pump Air To Air, Central

Exterior/Building Features

Lot Size

1.22 Acres


Exterior Features

Fenced Back Yard, Fenced Lot-Part, Hot Tub, Lawn Pump, Patio Enclosed, Patio Open, Pool - Enclosed, Pool - Heated, Pool - In-Ground, Satellite Dish, Separate Living Area, Shower, Sprinkler System


Lot Features

Within 1/2 Mile to Water, See Remarks


Architectual Style

Traditional

School Information

High School

South Walton


Elementary School

Van R Butler

Other Property Details

Area Name

17 - 30A West


Taxes

$8,774


Tax Frequency

Annually


Days on Market

192


Garage

Yes


Garage Spaces

3


View

Yes


View Description

Lake


County

Walton


Pool

Yes


Pool Features

Pool Type


Waterfront

Yes


Zoning

Resid Single Family

Listing History

Date

Event

Price

12/19/2024

Pending

12/1/2024

Price change

$1,394,000

-1%

Courtesy of Keller Williams Realty Destin, Charles E Middleton,
Listing Contact: 404-542-5866 

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