This gulf-front home is all about location. It offers an excellent opportunity to rebuild or add on and create your own dream beach house. Occupying an almost quarter-acre lot, this exceptional five-bedroom property is nestled at the end of the street, boasting unrivaled privacy and seclusion. The emerald Gulf of Mexico laps the white sand just 50 feet from the driveway. With no HOA, there's ample space to dream big, expand, add a pool and carriage house, or even rebuild. The current floor plan includes two spacious open living spaces, one on each level. The second-floor living room has gleaming wood-look flooring and a wall of windows framing breathtaking beach and gulf views. Both levels have fully equipped kitchens, light and airy bedrooms, and modern bathrooms, making the home ideal for multigenerational families or larger groups to share. There are plenty of quiet nooks for reading and there's a large laundry room with lots of additional storage. The expansive upper deck provides the ultimate gathering place with panoramic gulf views from sunrise to sunset. The large backyard and shaded gazebo are designed for entertaining, barbecues and alfresco living just steps from the waves. Rosemary Beach and Alys Beach offer endless dining, boutique shopping and live entertainment nearby while Camp Helen State Park provides access to nature and watersports on nearby Lake Powell, a rare coastal dune lake.
Sold for $5,250,000
$5,250,000
492 W Park Place Ave, Inlet Beach, FL 32461
5beds
3,136sqft
Single Family Residence
Built in 1981
0.29 Acres Lot
$5,290,300 Zestimate®
$1,674/sqft
$6,318 Estimated rent
Home value
$5,290,300
$4.76M - $5.87M
$6,318/mo
Zestimate® history
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: January 05, 2025 at 02:48pm
Listed by:
Dahler & Co. dahlerandco@scenicsir.com,
Scenic Sotheby's International Realty
Bought with:
Brooke N Kromer, 3471594
Compass
Source: ECAOR,MLS#: 951282
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Bedroom
- Level: First
- Area: 156 Square Feet
- Dimensions: 13 x 12
Bedroom
- Level: First
- Area: 192 Square Feet
- Dimensions: 16 x 12
Bedroom
- Level: Second
- Area: 156 Square Feet
- Dimensions: 13 x 12
Bathroom
- Level: First
- Area: 56 Square Feet
- Dimensions: 8 x 7
Kitchen
- Level: First
- Area: 88 Square Feet
- Dimensions: 11 x 8
Kitchen
- Level: Second
- Area: 165 Square Feet
- Dimensions: 15 x 11
Laundry
- Level: First
- Area: 77 Square Feet
- Dimensions: 11 x 7
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater
Features
- Breakfast Bar
- Flooring: Tile
- Windows: Window Treatments
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,136
- Total interior livable area: 3,136 sqft
Property
Parking
- Total spaces: 1
- Parking features: Carport, Garage
- Garage spaces: 1
- Has carport: Yes
Features
- Stories: 2
- Patio & porch: Deck, Porch
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
- Waterfront features: Gulf
Lot
- Size: 0.29 Acres
- Dimensions: 78 x 135
- Features: Dead End, Within 1/2 Mile to Water
Details
- Additional structures: Pavillion/Gazebo
- Parcel number: 363S18161000001813
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Beach House
- Property subtype: Single Family Residence
Materials
- Roof: Metal,Shake
Condition
- Construction Complete
- New construction: No
- Year built: 1981
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & neighborhood
Community
- Community features: Fishing, Short Term Rental - Allowed
Location
- Region: Inlet Beach
- Subdivision: INLET BEACH
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/2/2025 | Sold | $5,250,000-4.5%$1,674/sqft |
Source:  ECAOR #951282 Report a problem | ||
| 12/10/2024 | Pending sale | $5,495,000$1,752/sqft |
Source: ECAOR #951282 Report a problem | ||
| 6/2/2024 | Listed for sale | $5,495,000+0.1%$1,752/sqft |
Source: ECAOR #951282 Report a problem | ||
| 2/23/2024 | Listing removed | $5,490,000$1,751/sqft |
Source:  Engel & Volkers #931851 Report a problem | ||
| 11/13/2023 | Listed for sale | $5,490,000$1,751/sqft |
Source: Engel & Volkers #931850 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $29,328 +0.4% | $3,210,784 -0.1% |
| 2023 | $29,216 +3.8% | $3,215,308 +5.8% |
| 2022 | $28,158 +1390.3% | $3,038,358 +1202.2% |
Find assessor info on the county website
Neighborhood: 32461
Nearby schools
GreatSchools rating
- 10/10Bay Elementary SchoolGrades: K-5Distance: 6.4 mi
- 8/10Emerald Coast Middle SchoolGrades: 6-8Distance: 8.6 mi
- 8/10South Walton High SchoolGrades: 9-12Distance: 12.7 mi
Schools provided by the listing agent
- Elementary: Dune Lakes
- 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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$5,290,300
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+$105K
With Zillow Showcase(estimated)
$5,396,106
- Florida
- Walton County
- Inlet Beach
- 32461
- 492 W Park Place Ave