This magnificent custom-built residence sits within the prestigious Gulf-front enclave of WaterSound, offering unparalleled luxury across four impeccably designed floors. At the pinnacle lies the lookout tower, a serene retreat to savor breathtaking panoramic views of the Gulf during sunset. A refreshing Jacuzzi pool awaits, complemented by a separate carriage house atop a two-car garage. The interior exudes warmth with heart-of-pine flooring and shiplap accents, harmonizing with the natural surroundings. You are just a short walk to the gorgeous beach and the neighborhood pool
For sale
Price cut: $200K (4/13)
$3,550,000
38 Shingle Ln, Inlet Beach, FL 32461
5beds
3,480sqft
Single Family Residence
Built in 2009
-- sqft lot
$3,304,300 Zestimate®
$1,020/sqft
$-- HOA
What's special
Shiplap accentsLookout towerFour impeccably designed floorsHeart-of-pine flooringNeighborhood poolRefreshing jacuzzi pool
- 87 days |
- 466 |
- 19 |
Zillow last checked:
Listed by:
Elizabeth Shore 770-315-8238,
Beach Properties of Florida
Source: BHHS broker feed,MLS#: 998640
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Heating
- Electric, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
Features
- Cable Ready
- Has basement: No
Interior area
- Total structure area: 3,480
- Total interior livable area: 3,480 sqft
Property
Parking
- Parking features: GarageAttached
- Has attached garage: Yes
Details
- Parcel number: 203S18160110000240
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 2009
Community & HOA
Location
- Region: Inlet Beach
Financial & listing details
- Price per square foot: $1,020/sqft
- Tax assessed value: $3,614,507
- Annual tax amount: $33,016
- Date on market: 3/23/2026
- Lease term: Contact For Details
- Electric utility on property: Yes
Estimated market value
$3,304,300
$3.14M - $3.47M
$7,777/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/13/2026 | Price change | $3,550,000-5.3%$1,020/sqft |
Source: | ||
| 3/23/2026 | Listed for sale | $3,750,000$1,078/sqft |
Source: | ||
| 3/19/2026 | Listing removed | $3,750,000$1,078/sqft |
Source: BHHS broker feed #984722 Report a problem | ||
| 3/5/2026 | Price change | $3,750,000-3.6%$1,078/sqft |
Source: | ||
| 2/18/2026 | Price change | $3,890,000-2.5%$1,118/sqft |
Source: | ||
| 9/9/2025 | Listed for sale | $3,990,000$1,147/sqft |
Source: | ||
| 12/8/2024 | Listing removed | $3,990,000$1,147/sqft |
Source: BHHS broker feed #949439 Report a problem | ||
| 5/10/2024 | Listed for sale | $3,990,000+155%$1,147/sqft |
Source: | ||
| 9/27/2023 | Sold | $1,564,600-55.3%$450/sqft |
Source: Public Record Report a problem | ||
| 5/24/2023 | Sold | $3,500,000-6.4%$1,006/sqft |
Source: | ||
| 4/9/2023 | Pending sale | $3,740,000$1,075/sqft |
Source: | ||
| 3/26/2023 | Price change | $3,740,000-1.4%$1,075/sqft |
Source: | ||
| 2/3/2023 | Price change | $3,794,000-2.7%$1,090/sqft |
Source: | ||
| 12/29/2022 | Price change | $3,900,000-2.5%$1,121/sqft |
Source: | ||
| 10/20/2022 | Listed for sale | $4,000,000+77.8%$1,149/sqft |
Source: | ||
| 12/3/2019 | Sold | $2,250,000-6.1%$647/sqft |
Source: | ||
| 10/16/2019 | Price change | $2,395,000-4%$688/sqft |
Source: Beach Group Properties LLC #831749 Report a problem | ||
| 9/20/2019 | Listed for sale | $2,495,000+4.6%$717/sqft |
Source: Beach Group Properties LLC #831749 Report a problem | ||
| 9/15/2015 | Listing removed | $2,385,000$685/sqft |
Source: Beach Group Properties Llc #706406 Report a problem | ||
| 1/17/2015 | Price change | $2,385,000-0.4%$685/sqft |
Source: The Beach Group Properties LLC #706406 Report a problem | ||
| 5/29/2014 | Listed for sale | $2,395,000+29.5%$688/sqft |
Source: Beach Group Properties Llc #706406 Report a problem | ||
| 8/27/2010 | Sold | $1,850,000+240.2%$532/sqft |
Source: Public Record Report a problem | ||
| 9/5/2007 | Sold | $543,800$156/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $33,016 +21.3% | $3,614,507 +41.8% |
| 2023 | $27,217 +7.5% | $2,549,540 +10% |
| 2022 | $25,329 +24.2% | $2,317,764 +10% |
| 2021 | $20,396 +6.1% | $2,107,058 +9.4% |
| 2020 | $19,218 -5.6% | $1,925,150 -6.1% |
| 2019 | $20,365 | $2,050,670 +2.8% |
| 2018 | $20,365 +2.4% | $1,994,318 +5.8% |
| 2017 | $19,886 +7.7% | $1,885,436 +12.9% |
| 2016 | $18,457 +10.4% | $1,670,508 +4.9% |
| 2015 | $16,716 +4.3% | $1,592,548 +12.3% |
| 2014 | $16,028 | $1,417,548 +4.9% |
| 2013 | -- | $1,351,949 -2.5% |
| 2012 | -- | $1,386,235 +21.7% |
| 2011 | -- | $1,139,236 -2.7% |
| 2010 | -- | $1,171,236 +189.7% |
| 2009 | -- | $404,250 -4.9% |
| 2008 | -- | $425,000 -15% |
| 2007 | -- | $500,000 -29.6% |
| 2005 | -- | $710,000 +102.9% |
| 2004 | -- | $350,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: WaterSound Beach
Nearby schools
GreatSchools rating
- 10/10Bay Elementary SchoolGrades: K-5Distance: 3 mi
- 8/10Emerald Coast Middle SchoolGrades: 6-8Distance: 4.6 mi
- 8/10South Walton High SchoolGrades: 9-12Distance: 8.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Florida
- Walton County
- Inlet Beach
- 32461
- WaterSound Beach
- 38 Shingle Ln




