Discover the perfect blend of comfort, style, and income potential in this beautifully updated 3 bedroom, 3 bathroom home plus a bonus bunk room with four built-in beds, located in the desirable Sacred Oaks community off E. Mack Bayou Drive. Surrounded by upscale gated neighborhoods, this location offers peace and privacy while keeping you close to everything. This property is a proven six-figure turnkey rental or an ideal retreat away from the hustle of the beach.
Inside, the split floor plan creates an easy, welcoming flow with luxury LVP and tile throughout. The private primary suite opens directly to the pool for a true resort feel. The kitchen and bathrooms have been tastefully updated, and the home is fully furnished with stainless steel appliances already in place. The seller has elected to add a separate, dedicated laundry room in the main house, while the existing laundry located in the primary suite closet will remain, offering added convenience and flexibility.
A new metal roof in 2025, updated electrical and plumbing, and both electric and gas availability indoors and outdoors provide confidence and convenience.
Step into the backyard and enjoy a resort-style setting, where the pool features water elements, lighting, and an attached spa for relaxing any time of day. A screened outdoor living area with a fireplace creates the perfect space for gathering or unwinding. The outdoor shower, drive-through garage, and ample parking make this home easy to enjoy and easy to host.
Located just minutes from 30A beaches, restaurants, and shops, this solid brick home delivers both lifestyle and long-term value. If you are searching for a strong income producer or a quiet place to call home, you have found it.
Primary laundry is located in the master bath closet. Seller will add a second laundry in the bunk/closet area shown with acceptable offer. Renderings are illustrative only; contractor is lined up.
For sale
Price cut: $14K (2/2)
$685,000
18 Initial Ln, Santa Rosa Beach, FL 32459
4beds
2,340sqft
Est.:
Single Family Residence
Built in 1981
0.34 Acres Lot
$664,100 Zestimate®
$293/sqft
$-- HOA
What's special
Drive-through garageAmple parkingOutdoor showerSolid brick home
- 85 days |
- 2,528 |
- 104 |
Zillow last checked: 8 hours ago
Listing updated: February 12, 2026 at 10:55am
Listed by:
Paul D Gibney 850-775-7766,
Corcoran Reverie,
Corey A Joseph 850-867-5868,
Corcoran Reverie
Source: CPAR,MLS#: 782593
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Breakfast Room/Nook, Bedroom, Dining Room, Full Bath, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Screened Porch
Primary bedroom
- Level: First
- Dimensions: 21 x 18
Primary bedroom
- Level: First
- Dimensions: 21 x 18
Bedroom
- Level: First
- Dimensions: 9 x 12
Bedroom
- Level: First
- Dimensions: 13 x 13
Bedroom
- Level: First
- Dimensions: 9 x 13
Bedroom
- Level: First
- Dimensions: 9 x 12
Bedroom
- Level: First
- Dimensions: 13 x 13
Bedroom
- Level: First
- Dimensions: 9 x 13
Primary bathroom
- Level: First
- Dimensions: 13.5 x 16.5
Primary bathroom
- Level: First
- Dimensions: 13.5 x 16.5
Breakfast room nook
- Level: First
- Dimensions: 12 x 9
Breakfast room nook
- Level: First
- Dimensions: 12 x 9
Dining room
- Level: First
- Dimensions: 12 x 13
Dining room
- Level: First
- Dimensions: 12 x 13
Other
- Level: First
- Dimensions: 9 x 5
Other
- Level: First
- Dimensions: 5 x 8
Other
- Level: First
- Dimensions: 9 x 5
Other
- Level: First
- Dimensions: 5 x 8
Kitchen
- Level: First
- Dimensions: 17 x 13
Kitchen
- Level: First
- Dimensions: 17 x 13
Laundry
- Level: First
- Dimensions: 4 x 8.5
Laundry
- Level: First
- Dimensions: 4 x 8.5
Living room
- Level: First
- Dimensions: 29 x 12
Living room
- Level: First
- Dimensions: 29 x 12
Screened porch
- Level: First
- Dimensions: 45 x 39
Screened porch
- Level: First
- Dimensions: 45 x 39
Heating
- Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Electric Water Heater, Gas Cooktop, Gas Range
Features
- Has fireplace: Yes
- Fireplace features: Gas
Interior area
- Total structure area: 2,340
- Total interior livable area: 2,340 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Porch, Screened
- Exterior features: Outdoor Shower, Porch
- Has private pool: Yes
- Pool features: Gas Heat, In Ground, Private
- Fencing: Fenced
Lot
- Size: 0.34 Acres
- Dimensions: 100 x 125
Details
- Parcel number: 242S21422730000100
- Zoning description: Resid Single Family
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick
- Roof: Composition,Shingle
Condition
- New construction: No
- Year built: 1981
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Features: Short Term Rental Allowed
- Subdivision: No Named Subdivision
HOA
- Has HOA: No
Location
- Region: Santa Rosa Beach
Financial & listing details
- Price per square foot: $293/sqft
- Tax assessed value: $396,332
- Annual tax amount: $3,620
- Date on market: 12/11/2025
- Cumulative days on market: 76 days
Estimated market value
$664,100
$631,000 - $697,000
$4,647/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/2/2026 | Price change | $685,000-2%$293/sqft |
Source:  CPAR #782593 Report a problem | ||
| 12/11/2025 | Listed for sale | $699,000+4.4%$299/sqft |
Source:  ECAOR #991124 Report a problem | ||
| 8/5/2025 | Listing removed | $669,500$286/sqft |
Source: ECAOR #957956 Report a problem | ||
| 4/30/2025 | Listed for sale | $669,500-3.7%$286/sqft |
Source: ECAOR #957956 Report a problem | ||
| 10/22/2024 | Listing removed | $695,000$297/sqft |
Source: ECAOR #957956 Report a problem | ||
| 10/22/2024 | Price change | $695,000-0.6%$297/sqft |
Source: ECAOR #957956 Report a problem | ||
| 9/23/2024 | Price change | $699,000-3.6%$299/sqft |
Source: ECAOR #957956 Report a problem | ||
| 9/5/2024 | Listed for sale | $725,000-10.5%$310/sqft |
Source: ECAOR #957956 Report a problem | ||
| 7/3/2024 | Listing removed | -- |
Source: ECAOR #949375 Report a problem | ||
| 5/28/2024 | Price change | $810,000-0.1%$346/sqft |
Source: ECAOR #949375 Report a problem | ||
| 5/9/2024 | Listed for sale | $811,000+27.7%$347/sqft |
Source: ECAOR #949375 Report a problem | ||
| 7/27/2023 | Listing removed | -- |
Source: ECAOR #873489 Report a problem | ||
| 1/18/2022 | Sold | $635,000-6.5%$271/sqft |
Source: ECAOR #884549 Report a problem | ||
| 12/30/2021 | Pending sale | $679,000$290/sqft |
Source: ECAOR #884549 Report a problem | ||
| 11/2/2021 | Price change | $679,000-2.9%$290/sqft |
Source: ECAOR #884549 Report a problem | ||
| 10/26/2021 | Listed for sale | $699,000+40.1%$299/sqft |
Source: ECAOR #884549 Report a problem | ||
| 7/28/2021 | Sold | $499,000$213/sqft |
Source: Public Record Report a problem | ||
| 6/14/2021 | Pending sale | $499,000$213/sqft |
Source: ECAOR #873489 Report a problem | ||
| 6/4/2021 | Listed for sale | $499,000$213/sqft |
Source: ECAOR #873489 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,620 -1.2% | $396,332 -1.7% |
| 2023 | $3,665 +8.1% | $403,308 +10.3% |
| 2022 | $3,389 +840.5% | $365,694 +389.3% |
| 2021 | $360 -2.6% | $74,735 +1.4% |
| 2020 | $370 +3% | $73,703 +2.3% |
| 2019 | $359 | $72,046 +1.9% |
| 2018 | $359 +1.4% | $70,703 +2.1% |
| 2017 | $354 +2.4% | $69,249 +2.1% |
| 2016 | $346 +0.9% | $67,825 +0.7% |
| 2015 | $343 -1.2% | $67,354 +0.8% |
| 2014 | $347 | $66,819 +1.5% |
| 2013 | -- | $65,832 +1.7% |
| 2012 | -- | $64,732 +3% |
| 2011 | -- | $62,847 +1.5% |
| 2010 | -- | $61,918 +2.7% |
| 2009 | -- | $60,290 +0.1% |
| 2008 | -- | $60,230 +3% |
| 2007 | -- | $58,476 +5.6% |
| 2005 | -- | $55,389 +3% |
| 2004 | -- | $53,776 +1.9% |
| 2003 | -- | $52,773 +19.4% |
| 2002 | -- | $44,200 +1.6% |
| 2001 | -- | $43,504 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,773/mo
Principal & interest
$3242
Property taxes
$531
Climate risks
Neighborhood: 32459
Nearby schools
GreatSchools rating
- 9/10Van R. Butler Elementary SchoolGrades: K-5Distance: 3.4 mi
- 8/10Emerald Coast Middle SchoolGrades: 6-8Distance: 11.5 mi
- 8/10South Walton High SchoolGrades: 9-12Distance: 7.2 mi
Schools provided by the listing agent
- Elementary: Van R Butler
- High: South Walton
Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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