Skip main navigation
Pending
  • Price cut: $95K (2/7)
    $1,700,000

    58 Initial Ln, Santa Rosa Beach, FL 32459

    4beds
    2,428sqft
    : 
    Single Family Residence
    Built in 1984
    0.33 Acres Lot
    $-- Zestimate®
    $700/sqft
    $-- HOA

    What's special

    Waterfront gemModern eleganceCompletely remodeled kitchenSecluded sitting roomDeep-water bayouUpscale finishesBreathtaking sunsets
    Welcome to 58 Initial Lane, a beautifully remodeled waterfront gem that combines luxurious living with serene natural beauty. This unique home features 4 bedrooms and 3 bathrooms all on one level, designed with meticulous attention to detail for ultimate ease of living. The interior showcases original hardwood floors and upscale finishes throughout, with a completely remodeled kitchen and bathrooms that add a touch of modern elegance. Step outside to discover your private dock and boat lift, set on a deep-water bayou with direct access to Choctawhatchee Bay. Ideal for fishing enthusiasts, the property offers breathtaking sunsets and a tranquil setting in a quiet neighborhood with no HOA restrictions. Every detail of this home has been thoughtfully designed to enhance comfort and style. The standout feature is the waterfront primary bedroom, which includes a private, secluded sitting room perfect for relaxation. The spa-like master bathroom is a highlight, featuring an original clawfoot tub that adds a touch of timeless elegance. Don't miss this rare opportunity to own a piece of waterfront paradise. Schedule your private showing today!
    322 days
    |
    1,214
    |
    40
    |

    Zillow last checked: 8 hours ago

    Listing updated: February 24, 2026 at 02:43pm

    Listed by:

    Courtney W Stubley 850-502-7566,

    The Premier Property Group Seacrest Office

    Source: ECAOR,MLS#: 972373MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Level: First
    • Area: 240 Square Feet
    • Dimensions: 15 x 16
    Bedroom
    • Level: First
    • Area: 140 Square Feet
    • Dimensions: 10 x 14
    Bedroom
    • Level: First
    • Area: 126.35 Square Feet
    • Dimensions: 9.5 x 13.3
    Bedroom
    • Level: First
    • Area: 216 Square Feet
    • Dimensions: 16 x 13.5
    Breakfast room
    • Level: First
    • Area: 130 Square Feet
    • Dimensions: 13 x 10
    Dining room
    • Level: First
    • Area: 186 Square Feet
    • Dimensions: 15.5 x 12
    Foyer
    • Level: First
    • Area: 105 Square Feet
    • Dimensions: 10 x 10.5
    Living room
    • Level: First
    • Area: 175.5 Square Feet
    • Dimensions: 13 x 13.5
    Sitting room
    • Description: Attached to Master Bedroom
    • Level: First
    • Area: 135 Square Feet
    • Dimensions: 9 x 15
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Double Oven, Range Hood, Refrigerator, Washer
    Features
    • Walls Paneled
    • Flooring: Hardwood
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,428
    • Total interior livable area: 2,428 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage Door Opener, Boat, Detached, Oversized
    • Garage spaces: 1
    Features
    • Stories: 1
    • Exterior features: Boatlift, Dock
    • Fencing: Full,Privacy
    • Has view: Yes
    • View description: Bayou
    • Has water view: Yes
    • Water view: Bayou
    • Waterfront features: Bayou, Seawall
    Lot
    • Size: 0.33 Acres
    • Dimensions: 96 x 191 x 162 x 110
    • Features: Cul-De-Sac, Within 1/2 Mile to Water
    Details
    • Additional structures: Yard Building
    • Parcel number: 242S21422730000060
    • Zoning description: Resid Single Family
    • Special conditions: Accept Backup Offers

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Craftsman
    • Property subtype: Single Family Residence
    Materials
    • Brick, Siding CmntFbrHrdBrd
    • Roof: Metal
    Condition
    • Construction Complete,Renovated
    • New construction: No
    • Year built: 1984

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Subdivision: UNRECORDED SUBDIVISION
    Location
    • Region: Santa Rosa Beach

    Financial & listing details

    • Price per square foot: $700/sqft
    • Tax assessed value: $597,688
    • Annual tax amount: $3,078
    • Date on market: 4/17/2025
    Get pre-qualifiedBe ready to make an offer.
    Connect with an agentGet info on this home, tour, and more.
    Calculate monthly paymentSee if you can afford this home.

    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    2/24/2026Pending sale$1,700,000$700/sqft
    Source: ECAOR #972373 Report a problem
    2/7/2026Price change$1,700,000-5.3%$700/sqft
    Source: ECAOR #972373 Report a problem
    9/3/2025Price change$1,795,000-3.8%$739/sqft
    Source: ECAOR #972373 Report a problem
    4/17/2025Listed for sale$1,865,000-1.6%$768/sqft
    Source: ECAOR #972373 Report a problem
    10/12/2024Listing removed$1,895,000$780/sqft
    Source: ECAOR #957040 Report a problem
    10/5/2024Price change$1,895,000-2.8%$780/sqft
    Source: ECAOR #957040 Report a problem
    9/9/2024Price change$1,950,000-0.8%$803/sqft
    Source: ECAOR #957040 Report a problem
    8/31/2024Price change$1,965,000+0.8%$809/sqft
    Source: ECAOR #957040 Report a problem
    8/15/2024Listed for sale$1,950,000+77.3%$803/sqft
    Source: ECAOR #957040 Report a problem
    9/14/2022Sold$1,100,000-17%$453/sqft
    Source: ECAOR #902940 Report a problem
    9/2/2022Pending sale$1,325,000$546/sqft
    Source: ECAOR #902940 Report a problem
    8/15/2022Price change$1,325,000-5.8%$546/sqft
    Source: ECAOR #902940 Report a problem
    7/6/2022Listed for sale$1,407,000+216.2%$579/sqft
    Source: ECAOR #902940 Report a problem
    12/9/2003Sold$445,000$183/sqft
    Source: Public Record Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$3,078 +3.9%$375,256 +3%
    2023$2,962 +4.3%$364,326 +5.7%
    2022$2,841 -1.2%$344,720 +3%
    2021$2,875 -1.6%$334,680 +1.4%
    2020$2,923 +3.2%$330,059 +2.3%
    2019$2,833 $322,638 +1.9%
    2018$2,833 +1.7%$316,622 +2.1%
    2017$2,785 +2.9%$310,110 +2.1%
    2016$2,705 +1.4%$303,732 +0.7%
    2015$2,669 -0.8%$301,621 +0.8%
    2014$2,691 $299,227 -0.6%
    2013-- $301,023 -0.6%
    2012-- $302,818 -3%
    2011-- $312,096 -5.6%
    2010-- $330,518 -19.6%
    2009-- $410,961 -9.9%
    2008-- $456,219 +2.7%
    2007-- $444,131 +5.9%
    2005-- $419,547 +61.5%
    2004-- $259,718 +98.6%
    2003-- $130,797 +2.4%
    2002-- $127,731 +1.6%
    2001-- $125,719

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $9,563/mo
    Principal & interest
    $8245
    Property taxes
    $1318

      Climate risks

      Neighborhood: 32459

      Getting around

      1 / 100
      Car-Dependent
      26 / 100
      Somewhat Bikeable

      Nearby schools

      GreatSchools rating
      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.

      Local experts in 32459

      Similar homes

      Skip to the end of the carouselSkip to the beginning of the carousel