HUGE PRICE IMPROVEMENT -- Reduced by $200,000
Positioned on a premium lot within Sandestin Golf and Beach Resort, this extensively updated Laurel Grove home presents an exceptional opportunity for investors, second-home buyers, or those seeking a spacious full-time residence. One of the largest floor plans in Laurel Grove, this property offers features rarely found within the neighborhood, making it stand out from the competition.
Major capital improvements--including a new roof (2024), exterior paint (2024), brick paver driveway (2023), and updated HVAC--provide peace of mind while helping minimize near-term ownership costs. An attached garage with additional storage, along with a location just steps from the community pool and fitness center, further enhances both convenience and long-term value.
Designed with flexibility in mind, the floor plan maximizes both comfort and rental potential. The home features primary suites on both the first and second floors, an oversized guest bedroom, and a recently added bonus room upstairs, creating excellent accommodations for large families or vacation guests. Although the current owners have never rented the property, projected annual rental income is estimated between $80,000 and $105,000.
Inside, you'll find soaring ceilings, a dramatic wide staircase, hardwood flooring throughout the main living areas and stairway, fresh interior paint, and an inviting living room centered around a beautiful fireplace with custom built-ins. The spacious kitchen offers a large center island, abundant cabinetry, and generous workspace for entertaining.
One of the home's most distinctive features is its exceptional outdoor living space. Enjoy two screened porches spanning both levels, including a newly created upper-level retreat featuring a charming hanging daybed--an ideal spot to unwind after a day at the beach or golf course.
Additional highlights include exceptionally large bedrooms, oversized walk-in closets throughout, abundant storage, and thoughtful design details that are difficult to find in Laurel Grove.
Located within the gates of Sandestin Golf and Beach Resort, owners and guests enjoy access to championship golf courses, a full-service marina, sugar-white beaches, tennis and pickleball courts, miles of walking and biking trails, The Village of Baytowne Wharf, shopping, dining, and entertainment--all contributing to strong and consistent demand for vacation rentals.
Combining generous living space, extensive updates, resort amenities, and excellent income potential, this is one of Laurel Grove's most compelling opportunities.
For sale
Price cut: $275K (6/17)
$999,999
1303 Laurel Way, Miramar Beach, FL 32550
3beds
2,628sqft
Single Family Residence
Built in 2003
3,049 Square Feet Lot
$965,000 Zestimate®
$381/sqft
$-- HOA
What's special
Exceptionally large bedroomsOversized guest bedroomFresh interior paintDramatic wide staircaseThoughtful design detailsAbundant storageExceptional outdoor living space
- 155 days |
- 859 |
- 32 |
Zillow last checked:
Listing updated:
Listed by:
Shannyn P Stevenson 850-259-1874,
Newman Dailey Resort Properties
Source: ECAOR,MLS#: 993985
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Description: Primary Bedroom 1
- Level: First
- Area: 210.09 Square Feet
- Dimensions: 14.1 x 14.9
Primary bedroom
- Description: Primary Bedroom 2
- Level: Second
- Area: 370.24 Square Feet
- Dimensions: 18.9 x 19.6
Bedroom
- Level: Second
- Area: 376.32 Square Feet
- Dimensions: 19.2 x 19.6
Bonus room
- Description: Enclosed Florida Room
- Level: Second
- Area: 185.72 Square Feet
- Dimensions: 22.9 x 8.11
Dining area
- Level: First
- Area: 161.71 Square Feet
- Dimensions: 10.3 x 15.7
Foyer
- Level: First
- Area: 104.3 Square Feet
- Dimensions: 14.9 x 7
Kitchen
- Level: First
- Area: 160.8 Square Feet
- Dimensions: 12 x 13.4
Living room
- Level: First
- Area: 251.2 Square Feet
- Dimensions: 16 x 15.7
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Washer, Electric Water Heater
- Laundry: Washer/Dryer Hookup
Features
- Bookcases, Crown Molding, Kitchen Island, Newly Painted, Owner's Closet, Pantry, Wallpaper
- Flooring: Hardwood, Tile, Carpet
- Windows: Double Pane Windows, Window Treatments
- Has fireplace: Yes
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,628
- Total interior livable area: 2,628 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage Door Opener, Other, Oversized
- Attached garage spaces: 1
Features
- Stories: 2
- Patio & porch: Porch, Screened
- Exterior features: Columns, Sprinkler System
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
Lot
- Size: 3,049 Square Feet
- Dimensions: 42.15 x 73.50
- Features: Covenants, Cul-De-Sac, Restrictions, Within 1/2 Mile to Water
Details
- Parcel number: 262S21428100001303
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Beach House
- Property subtype: Single Family Residence
Materials
- Wood Siding, Siding CmntFbrHrdBrd
- Roof: Shingle
Condition
- Construction Complete
- New construction: No
- Year built: 2003
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: BBQ Pit/Grill, Beach, Dock, Dumpster, Fitness Center, Fishing, Game Room, Gated, Golf, Marina, Picnic Area, Playground, Pool, TV Cable, Tennis Court(s), Waterfront, Whirlpool, Pickleball, Short Term Rental - Allowed
- Security: Smoke Detector(s)
- Subdivision: LAUREL GROVE
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Management, Security, Cable TV, Trash
Location
- Region: Miramar Beach
Financial & listing details
- Price per square foot: $381/sqft
- Tax assessed value: $1,040,692
- Annual tax amount: $8,581
- Date on market: 1/29/2026
Estimated market value
$965,000
$917,000 - $1.01M
$4,999/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2026 | Price change | $999,999-21.6%$381/sqft |
Source: | ||
| 2/12/2026 | Price change | $1,275,000-7.3%$485/sqft |
Source: | ||
| 1/29/2026 | Listed for sale | $1,375,000-1.4%$523/sqft |
Source: | ||
| 1/27/2026 | Listing removed | $1,395,000$531/sqft |
Source: | ||
| 10/1/2025 | Price change | $1,395,000-6.7%$531/sqft |
Source: | ||
| 7/23/2025 | Price change | $1,495,000-2.9%$569/sqft |
Source: | ||
| 7/3/2025 | Price change | $1,539,000-0.6%$586/sqft |
Source: | ||
| 3/28/2025 | Listed for sale | $1,549,000+106.3%$589/sqft |
Source: | ||
| 3/4/2005 | Sold | $751,000$286/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,581 +3% | $868,515 +10% |
| 2024 | $8,335 +3.2% | $789,559 +10% |
| 2023 | $8,079 +7.1% | $717,781 +10% |
| 2022 | $7,540 +22.4% | $652,528 +10% |
| 2021 | $6,160 +24.1% | $593,207 +19.3% |
| 2020 | $4,963 +2.9% | $497,221 +2.3% |
| 2019 | $4,826 | $485,920 +1% |
| 2018 | $4,826 +0.6% | $481,085 +0.1% |
| 2017 | $4,797 +0.7% | $480,748 +0.7% |
| 2016 | $4,765 -0.2% | $477,202 +4.1% |
| 2015 | $4,775 +2.9% | $458,601 +11.1% |
| 2014 | $4,640 | $412,869 |
| 2013 | -- | $412,869 -0.9% |
| 2012 | -- | $416,428 -0.8% |
| 2011 | -- | $419,977 -2.7% |
| 2010 | -- | $431,422 -8.9% |
| 2009 | -- | $473,413 -16.4% |
| 2008 | -- | $566,502 -3.5% |
| 2007 | -- | $587,098 +14.8% |
| 2005 | -- | $511,475 +74.6% |
| 2004 | -- | $292,860 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 32550
Nearby schools
GreatSchools rating
- 9/10Van R. Butler Elementary SchoolGrades: K-5Distance: 3.7 mi
- 8/10Emerald Coast Middle SchoolGrades: 6-8Distance: 12.2 mi
- 8/10South Walton High SchoolGrades: 9-12Distance: 8 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Walton County
- Miramar Beach
- 32550
- 1303 Laurel Way








