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For sale
  • Price cut: $275K (6/17)
    $999,999

    1303 Laurel Way, Miramar Beach, FL 32550

    3beds
    2,628sqft
    : 
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    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
    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.
    155 days
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    859
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    32
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    Zillow last checked:

    Listing updated:

    Listed by:

    Shannyn P Stevenson 850-259-1874,

    Newman Dailey Resort Properties

    Source: ECAOR,MLS#: 993985MLS Logo

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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

        DateEventPrice
        6/17/2026Price change$999,999-21.6%$381/sqft
        Source: ECAOR #993985 Report a problem
        2/12/2026Price change$1,275,000-7.3%$485/sqft
        Source: ECAOR #993985 Report a problem
        1/29/2026Listed for sale$1,375,000-1.4%$523/sqft
        Source: ECAOR #993985 Report a problem
        1/27/2026Listing removed$1,395,000$531/sqft
        Source: ECAOR #972350 Report a problem
        10/1/2025Price change$1,395,000-6.7%$531/sqft
        Source: ECAOR #972350 Report a problem
        7/23/2025Price change$1,495,000-2.9%$569/sqft
        Source: ECAOR #972350 Report a problem
        7/3/2025Price change$1,539,000-0.6%$586/sqft
        Source: ECAOR #972350 Report a problem
        3/28/2025Listed for sale$1,549,000+106.3%$589/sqft
        Source: ECAOR #972350 Report a problem
        3/4/2005Sold$751,000$286/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 32550

        Getting around

        5 / 100
        Car-Dependent
        29 / 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.

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