153 Cedar Street
Point Washington, FL 32459
$1,895,000
Active
Description
153 Cedar Street is a custom-built luxury home crafted by a builder whose comparable new construction on Scenic Highway 30A sells between $3 million and $4 million. Here, just 10 minutes away, you get that same level of craftsmanship, finishes, and design -- at a fraction of the cost. Whether you are searching for a stunning primary residence, a luxury second home, or a property that earns while you are away, this is one of the most compelling values on Florida's Emerald Coast.
The home generated approximately $80,000 in rental income from May through December 2025 and has already produced approximately $113,896 booked year-to-date in 2026 with peak summer bookings still ahead. For the buyer who wants their property to work as hard as they do, the income is already there. For the buyer who simply wants to live beautifully on the Emerald Coast, this home delivers that too.
Spanning over 4,000 square feet in one of Santa Rosa Beach's most desirable bay-adjacent communities, the home sits just 10 minutes from Scenic Highway 30A and is walkable to local favorites including North Beach Social and Farm & Fire. A public boat launch just down the road offers direct access to Choctawhatchee Bay, putting you on the water in minutes.
Soaring ceilings, expansive living spaces, and an abundance of natural light set the tone from the moment you walk in.
Listing details MLS# 994895
Location, Tax and Legal
- Area
- 19 - Point Washington
- Sub area
- 1902 - Pt Washington/N. of 98 W
- Subdivision
- Magnolia S/D
- County
- Walton
- Parcel ID
- 29-2S-19-24070-002-0120
- Tax year
- 2025
- Annual tax
- 1807.14
- Legal description
- Lot 12 Blk 2 Magnolia S/D Pb 2-52 Or 2422-365 Or 2474-324 Or 3172-490 Or 3172-493 Or 3201-4219 Or 3298-3068
- Zoning
- Resid Single Family
General Property Info
- Property type
- Residential
- Year built
- 2025
- Acreage
- 0.25
- Lot size (sq ft)
- 10890
- Lot dimensions
- 75'x150
- New construction
- No
- Condition
- Construction Complete
Interior
- Bedrooms
- 5
- Bathrooms
- 5
- Full baths
- 4
- Half baths
- 1
- Building area
- 4030
- Heating
- Central
- Cooling
- Attic Fan, Ceiling Fans
- Interior features
- Ceiling Crwn Molding, Ceiling Raised, Lighting Recessed, Washer/Dryer Hookup
- Appliances
- Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Refrigerator W/IceMk, Stove/Oven Gas, Washer, Water Heater - Tnkls
- Total rooms
- 15
Exterior and Site
- Construction
- Siding CmntFbrHrdBrd
- Roof
- Roof Shingle/Shake
- Foundation
- Slab
- Exterior features
- Rain Gutter, Pool - Enclosed
- Parking
- Boat, RV
- Pool features
- Pool - In-Ground, Pool Type
- View
- Bay
Utilities
- Utilities
- Community Water, Gas - Natural
- Water source
- Private Well
- Sewer
- Public Sewer
Schools
- Elementary
- Dune Lakes
- Middle school
- Emerald Coast
- High school
- South Walton
Remarks and Misc
- Special conditions
- Accept Backup Offers
- Directions
- From US-98 West, turn right onto N County Hwy 393. Continue north on 393 for approximately 0.5 miles. Turn left onto Chat Holley Road. Continue for approximately 0.3 miles. Turn right onto Cedar Street. 153 Cedar Street will be on your left.
