Lot 1 Bay Magnolia Lane

Santa Rosa Beach, FL 32459

$553,000

Active

Lot 1 Bay Magnolia Lane, Santa Rosa Beach, FL 32459
Lot 1 Bay Magnolia Lane, Santa Rosa Beach, FL 32459
Lot 1 Bay Magnolia Lane, Santa Rosa Beach, FL 32459
Lot 1 Bay Magnolia Lane, Santa Rosa Beach, FL 32459

1 / 4

Lot size (sq ft)
4,791
Property type
C

Description

1 of 3 exclusive bayou front lots available with the Development Order already approved, making this a rare opportunity to secure a waterfront homesite in Santa Rosa Beach before development advances. Located in the private Rosestar Subdivision off Bay Magnolia Lane, this property offers the best of coastal living with boat slips permitted for easy access to boating, kayaking, paddleboarding, fishing, and endless waterfront adventures right from your property. A gravel access road will be added as part of the development while preserving the natural beauty, privacy, and peaceful waterfront character that make this property so special. The lot also offers flexibility for future development while maintaining the surrounding natural environment. An HOA is in place with no HOA dues and exists solely to maintain the subdivision's shared 3 acre wetlands common area. Ownership of the common area is limited to Lot 1 and Lot 2 owners, who will enjoy deeded access for a future boat dock and/or gazebos, enhancing the waterfront lifestyle while helping keep the individual homesites in desirable Flood Zone X. Opportunities like this are becoming increasingly rare, offering approved development, boating access, natural beauty, privacy, and long term value in one exceptional waterfront location.

Listing details MLS# 997990

Location, Tax and Legal

Area
19 - Point Washington
Sub area
1902 - Pt Washington/N. of 98 W
Subdivision
BAY MAGNOLIA
County
Walton
Parcel ID
29-2S-19-24000-004-0050
Tax year
2025
Annual tax
2783.09
Legal description
COM SW/COR OF SE1/4 OF NW1/4 SEC 29-2S-19W,N 02 DEG 10'09''E 1371.96 FT,S 74 DEG 06'41''E 294.08 FT,N 34 DEG 39'02''E 157.87 FT FOR POB,N 34 DEG 39' 02''E 150.65 FT TO W/LY ROW CEDAR STREET,S 54 DEG 08'49''E ALG ROW 346.16 FT TO SE/COR LT 1 BLK 4 MAGNOLIA S/D PB 2-52, N 09 DEG 16'17''E 34.84 FT TO SW BDRY LOT 12 BLK A STARKES UNREC,S 40 DEG 17'49''E 150.80 FT,DPRT SW BDRY N 49 DEG 42' 11''E 100.00
Zoning
Resid Single Family

General Property Info

Property type
Land
Acreage
0.11
Lot size (sq ft)
4791.6
Lot dimensions
41X77x75

Exterior and Site

View
Bayou
Road surface
Gravel/Oyster Shell
Road frontage
Private Road

Utilities

Utilities
Lift Station, Public Water, Sewer Available, Tap Fee Due

Schools

Elementary
Dune Lakes
Middle school
Emerald Coast
High school
South Walton

Remarks and Misc

Directions
From Highway 98 and 331 intersection; go North on 331. Take the last right before the bridge (turn in front of The Bay Restaurant) onto Bay Magnolia. Take Bay Magnolia Ln until you meet cedar st. There will be a private rd on your left. Lots will be down to your left.
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