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.
Sold for $1,250,000
$1,250,000
480 Sugar Dr, Santa Rosa Beach, FL 32459
5beds
4,790sqft
Single Family Residence
Built in 1990
1.22 Acres Lot
$1,259,800 Zestimate®
$261/sqft
$7,544 Estimated rent
Home value
$1,259,800
$1.13M - $1.40M
$7,544/mo
Zestimate® history
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: January 24, 2025 at 11:58am
Listed by:
Charles E Middleton 404-542-5866,
Keller Williams Realty Destin
Bought with:
Myles B Jones, 3531129
Compass
Source: ECAOR,MLS#: 951891
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
Primary bedroom
- Level: Second
- Area: 462 Square Feet
- Dimensions: 22 x 21
Bedroom
- Level: Second
- Area: 208 Square Feet
- Dimensions: 16 x 13
Bedroom
- Level: First
- Area: 154 Square Feet
- Dimensions: 14 x 11
Bedroom
- Level: Second
- Area: 208 Square Feet
- Dimensions: 16 x 13
Primary bathroom
- Level: Second
- Area: 168 Square Feet
- Dimensions: 14 x 12
Dining room
- Description: Formal
- Level: First
- Area: 168 Square Feet
- Dimensions: 14 x 12
Great room
- Level: First
- Area: 330 Square Feet
- Dimensions: 22 x 15
Kitchen
- Level: First
- Area: 210 Square Feet
- Dimensions: 15 x 14
Laundry
- Level: First
- Area: 120 Square Feet
- Dimensions: 15 x 8
Living room
- Level: First
- Area: 192 Square Feet
- Dimensions: 16 x 12
Other
- Level: First
- Area: 288 Square Feet
- Dimensions: 18 x 16
Pantry
- Level: First
- Area: 20 Square Feet
- Dimensions: 5 x 4
Other
- Level: Second
- Area: 560 Square Feet
- Dimensions: 28 x 20
Sun room
- Level: Second
- Area: 154 Square Feet
- Dimensions: 14 x 11
Heating
- Heat Pump, Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Double Oven, Range Hood, Washer, Electric Water Heater
Features
- Breakfast Bar, Bookcases, Beamed Ceilings, Crown Molding, Vaulted Ceiling(s), Recessed Lighting, Lock Out, Pantry, Shelving, Upgraded Media Wing, Wallpaper, Walls Mirrored, Walls Wainscoting, Wet Bar, Woodwork Painted, Natural Woodwork
- Flooring: Hardwood, Tile
- Doors: Storm Door(s)
- Windows: Double Pane Windows, Solar Screens, Window Treatments
- Attic: Pull Down Stairs
- Has fireplace: Yes
- Fireplace features: Gas
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 4,790
- Total interior livable area: 4,790 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage Door Opener
- Attached garage spaces: 3
- Has carport: Yes
Features
- Stories: 2
- Patio & porch: Enclosed, Patio
- Exterior features: Private Yard, Lawn Pump, Outdoor Shower, Sprinkler System, Separate Living Area
- Has private pool: Yes
- Pool features: Heated, In Ground, Pool - Enclosed
- Has spa: Yes
- Spa features: Heated
- Fencing: Partial
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake Front
Lot
- Size: 1.22 Acres
- Dimensions: 140 x 229 x 140 x 229
- Features: See Remarks, Within 1/2 Mile to Water
Details
- Parcel number: 332S203330000A0120
- Lease amount: $0
- Zoning description: Resid Single Family
- Other equipment: Satellite Dish
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick Front, Siding Brick Some, Vinyl Siding
- Foundation: Slab
- Roof: Composition
Condition
- Construction Complete
- New construction: No
- Year built: 1990
Utilities & green energy
- Water: Public
Green energy
- Energy efficient items: Doors
Community & neighborhood
Security
- Security features: Security System, Smoke Detector(s)
Community
- Community features: Beach, Boat Launch, Fishing, Picnic Area, Waterfront
Location
- Region: Santa Rosa Beach
- Subdivision: SHORTLINE LAKE ESTATES
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/24/2025 | Sold | $1,250,000-10.3%$261/sqft |
Source:  ECAOR #951891 Report a problem | ||
| 12/19/2024 | Pending sale | $1,394,000$291/sqft |
Source: ECAOR #951891 Report a problem | ||
| 12/1/2024 | Price change | $1,394,000-0.4%$291/sqft |
Source: ECAOR #951891 Report a problem | ||
| 6/9/2024 | Listed for sale | $1,399,000+86.6%$292/sqft |
Source: ECAOR #951891 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,182 +4.7% | $899,675 +10% |
| 2023 | $8,774 +13.2% | $817,886 +10% |
| 2022 | $7,748 +14.5% | $743,533 +10% |
Find assessor info on the county website
Neighborhood: 32459
Nearby schools
GreatSchools rating
- 9/10Van R. Butler Elementary SchoolGrades: K-5Distance: 0.6 mi
- 8/10Emerald Coast Middle SchoolGrades: 6-8Distance: 8.5 mi
- 8/10South Walton High SchoolGrades: 9-12Distance: 4.5 mi
Schools provided by the listing agent
- Elementary: Van R Butler
- Middle: Emerald Coast
- High: South Walton
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$1,259,800
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- Florida
- Walton County
- Santa Rosa Beach
- 32459
- 480 Sugar Dr
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