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Sold for $650,000
    • $650,000

    18 Initial Ln, Santa Rosa Beach, FL 32459

    4beds
    2,340sqft
    Single Family Residence
    Built in 1981
    0.29 Acres Lot
    $650,000 Zestimate®
    $278/sqft
    $5,493 Estimated rent

    Home value

    $650,000

    $618,000 - $683,000

    $5,493/mo

    Zestimate® history
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    What's special

    Discover the perfect blend of comfort, style, and income potential in this beautifully updated 3 bedroom, 3 bathroom home plus a bonus bunk room with four built-in beds, located in the desirable Sacred Oaks community off E. Mack Bayou Drive. Surrounded by upscale gated neighborhoods, this location offers peace and privacy while keeping you close to everything. This property is a proven six-figure turnkey rental or an ideal retreat away from the hustle of the beach. Inside, the split floor plan creates an easy, welcoming flow with luxury LVP and tile throughout. The private primary suite opens directly to the pool for a true resort feel. The kitchen and bathrooms have been tastefully updated, and the home is fully furnished with stainless steel appliances already in place. The seller has elected to add a separate, dedicated laundry room in the main house, while the existing laundry located in the primary suite closet will remain, offering added convenience and flexibility. A new metal roof in 2025, updated electrical and plumbing, and both electric and gas availability indoors and outdoors provide confidence and convenience. Step into the backyard and enjoy a resort-style setting, where the pool features water elements, lighting, and an attached spa for relaxing any time of day. A screened outdoor living area with a fireplace creates the perfect space for gathering or unwinding. The outdoor shower, drive-through garage, and ample parking make this home easy to enjoy and easy to host. Located just minutes from 30A beaches, restaurants, and shops, this solid brick home delivers both lifestyle and long-term value. If you are searching for a strong income producer or a quiet place to call home, you have found it. Primary laundry is located in the master bath closet. Seller will add a second laundry in the bunk/closet area shown with acceptable offer. Renderings are illustrative only; contractor is lined up.

    Zillow last checked:

    Listing updated:

    Listed by:

    Paul D Gibney 850-775-7766,

    Corcoran Reverie SRB,

    Corey A Joseph 850-867-5868,

    Corcoran Reverie

    Bought with:

    Donna C Gonzalez, 3627067

    Coldwell Banker Realty

    Source: ECAOR,MLS#: 991124MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Level: First
    • Area: 378 Square Feet
    • Dimensions: 21 x 18
    Bedroom
    • Level: First
    • Area: 108 Square Feet
    • Dimensions: 9 x 12
    Bedroom
    • Level: First
    • Area: 169 Square Feet
    • Dimensions: 13 x 13
    Bedroom
    • Level: First
    • Area: 117 Square Feet
    • Dimensions: 9 x 13
    Primary bathroom
    • Level: First
    • Area: 222.75 Square Feet
    • Dimensions: 13.5 x 16.5
    Bathroom
    • Level: First
    • Area: 40 Square Feet
    • Dimensions: 5 x 8
    Bathroom
    • Level: First
    • Area: 45 Square Feet
    • Dimensions: 9 x 5
    Breakfast room
    • Level: First
    • Area: 108 Square Feet
    • Dimensions: 12 x 9
    Dining area
    • Level: First
    • Area: 156 Square Feet
    • Dimensions: 12 x 13
    Kitchen
    • Level: First
    • Area: 208 Square Feet
    • Dimensions: 16 x 13
    Laundry
    • Level: First
    • Area: 108 Square Feet
    • Dimensions: 9 x 12
    Living room
    • Level: First
    • Area: 348 Square Feet
    • Dimensions: 29 x 12
    Screened porch
    • Level: First
    • Area: 1794 Square Feet
    • Dimensions: 46 x 39
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Microwave
    Features
    • Breakfast Bar, Crown Molding, Recessed Lighting, Pantry, Shelving
    • Flooring: Tile
    • Has fireplace: Yes
    • Fireplace features: Gas
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,340
    • Total interior livable area: 2,340 sqft

    Property

    Parking
    • Parking features: Garage Door Opener
    • Has attached garage: Yes
    Features
    • Stories: 1
    • Exterior features: Private Yard
    • Has private pool: Yes
    • Pool features: Heated, In Ground, Pool - Enclosed
    • Has spa: Yes
    • Spa features: Heated
    Lot
    • Size: 0.29 Acres
    • Dimensions: 100 x 125
    Details
    • Parcel number: 242S21422730000100
    • Zoning description: Resid Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Roof: Shake
    Condition
    • Construction Complete
    • New construction: No
    • Year built: 1981

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: n/a
    Location
    • Region: Santa Rosa Beach

    Financial & listing details

    • Price per square foot: $278/sqft
    • Tax assessed value: $433,818
    • Annual tax amount: $3,920
    • Date on market: 12/11/2025

    Price history

    DateEventPrice
    7/27/2026Sold$650,000-5.1%$278/sqft
    Source: ECAOR #991124 Report a problem
    4/30/2026Pending sale$685,000$293/sqft
    Source: CPAR #782593 Report a problem
    2/2/2026Price change$685,000-2%$293/sqft
    Source: CPAR #782593 Report a problem
    12/11/2025Listed for sale$699,000+4.4%$299/sqft
    Source: ECAOR #991124 Report a problem
    8/5/2025Listing removed$669,500$286/sqft
    Source: ECAOR #957956 Report a problem
    4/30/2025Listed for sale$669,500-3.7%$286/sqft
    Source: ECAOR #957956 Report a problem
    10/22/2024Listing removed$695,000$297/sqft
    Source: ECAOR #957956 Report a problem
    10/22/2024Price change$695,000-0.6%$297/sqft
    Source: ECAOR #957956 Report a problem
    9/23/2024Price change$699,000-3.6%$299/sqft
    Source: ECAOR #957956 Report a problem
    9/5/2024Listed for sale$725,000-10.5%$310/sqft
    Source: ECAOR #957956 Report a problem
    7/3/2024Listing removed--
    Source: ECAOR #949375 Report a problem
    5/28/2024Price change$810,000-0.1%$346/sqft
    Source: ECAOR #949375 Report a problem
    5/9/2024Listed for sale$811,000+27.7%$347/sqft
    Source: ECAOR #949375 Report a problem
    7/27/2023Listing removed--
    Source: ECAOR #873489 Report a problem
    1/18/2022Sold$635,000-6.5%$271/sqft
    Source: ECAOR #884549 Report a problem
    12/30/2021Pending sale$679,000$290/sqft
    Source: ECAOR #884549 Report a problem
    11/2/2021Price change$679,000-2.9%$290/sqft
    Source: ECAOR #884549 Report a problem
    10/26/2021Listed for sale$699,000+40.1%$299/sqft
    Source: ECAOR #884549 Report a problem
    7/28/2021Sold$499,000$213/sqft
    Source: Public Record Report a problem
    6/14/2021Pending sale$499,000$213/sqft
    Source: ECAOR #873489 Report a problem
    6/4/2021Listed for sale$499,000$213/sqft
    Source: ECAOR #873489 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,920 +8.3%$433,818 +9.5%
    2024$3,620 -1.2%$396,332 -1.7%
    2023$3,665 +8.1%$403,308 +10.3%
    2022$3,389 +840.5%$365,694 +389.3%
    2021$360 -2.6%$74,735 +1.4%
    2020$370 +3%$73,703 +2.3%
    2019$359 $72,046 +1.9%
    2018$359 +1.4%$70,703 +2.1%
    2017$354 +2.4%$69,249 +2.1%
    2016$346 +0.9%$67,825 +0.7%
    2015$343 -1.2%$67,354 +0.8%
    2014$347 $66,819 +1.5%
    2013-- $65,832 +1.7%
    2012-- $64,732 +3%
    2011-- $62,847 +1.5%
    2010-- $61,918 +2.7%
    2009-- $60,290 +0.1%
    2008-- $60,230 +3%
    2007-- $58,476 +5.6%
    2005-- $55,389 +3%
    2004-- $53,776 +1.9%
    2003-- $52,773 +19.4%
    2002-- $44,200 +1.6%
    2001-- $43,504
    Find assessor info on the county website

    Neighborhood: 32459

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    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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