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  • Zillow Home logoZestimate®
    $1,132,200

    388 Cypress Dr, Santa Rosa Beach, FL 32459

    3beds
    2,328sqft
    Single Family Residence
    Built in 2006
    -- sqft lot
    $1,132,200 Zestimate®
    $486/sqft
    $3,982 Estimated rent

    Home value

    $1,132,200

    $1.08M - $1.19M

    $3,982/mo

    Zestimate® history
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    What's special

    Rear alley accessDramatic wall-to-wall windowsSecond-floor living spaceStriking waterfall-edge countertopBright elevated coastal aestheticQuiet scenic backdropUpdated bathroom countertops

    Located in the gated community of Cypress Dunes along the west end of Scenic Highway 30A, 388 Cypress Drive is a beautifully designed 3-bedroom, 3.5-bath coastal residence offering Gulf views, refined architecture, and rare expansion potential in a peaceful, natural setting. The second-floor living space makes an immediate impression with dramatic wall-to-wall windows, flooding the home with natural light and creating a bright, elevated coastal aesthetic. The kitchen has been thoughtfully remodeled within the past five years and features modern finishes, including a striking waterfall-edge countertop that adds a clean, contemporary focal point. It flows seamlessly into the open living and dining areas--ideal for entertaining or relaxed everyday living. Additional recent improvements include a new HVAC units, fresh interior and exterior paint, and updated bathroom countertops, providing both style and peace of mind for the next owner. The third floor captures partial west-facing Gulf views and features a private balcony, perfectly positioned for sunset evenings and coastal breezes. Rear alley access provides flexibility rarely found along 30A--the back portion of the lot offers space to build a two-car garage with carriage house above or expand the existing home, adding both functionality and long-term value. Surrounded by the protected beauty of Topsail Hill Preserve State Park, the community offers a quiet, scenic backdrop while remaining conveniently close to the shops and restaurants at Gulf Place and Grand Boulevard. Beach access is just a short distance away, along with access to the trails and shoreline of Topsail Preserve. Cypress Dunes amenities include a Gulf-view infinity-edge pool, outdoor fireplace and gathering pavilion, fitness center, tennis and pickleball courts, and winding nature trails. An exceptional opportunity for a primary residence, second home, or investment property in one of 30A's most serene coastal settings.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Source: BHHS broker feed,MLS#: 996947

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Cooling
    • Central Air
    Features
    • Has basement: No
    Interior area
    • Total structure area: 2,328
    • Total interior livable area: 2,328 sqft

    Property

    Details
    • Parcel number: 322S20333000001330

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Roof: Metal
    Condition
    • Year built: 2006

    Community & HOA

    Location
    • Region: Santa Rosa Beach

    Financial & listing details

    • Price per square foot: $486/sqft
    • Tax assessed value: $875,449
    • Annual tax amount: $7,882
    • Date on market: 3/5/2026
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    10/1/2026Listing removed$1,198,000$515/sqft
    Source: BHHS broker feed #996947 Report a problem
    8/25/2026Price change$1,198,000-3.4%$515/sqft
    Source: ECAOR #996947 Report a problem
    4/27/2026Price change$1,240,000-2%$533/sqft
    Source: ECAOR #996947 Report a problem
    3/5/2026Listed for sale$1,265,000+73.3%$543/sqft
    Source: ECAOR #996947 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    7/6/2020Sold$730,000-6.5%$314/sqft
    Source: ECAOR #850162 Report a problem
    4/16/2020Price change$780,500+0.6%$335/sqft
    Source: Owner Report a problem
    1/30/2020Price change$775,500-0.5%$333/sqft
    Source: Owner Report a problem
    1/15/2020Price change$779,500-0.1%$335/sqft
    Source: Owner Report a problem
    1/11/2020Price change$780,500-0.5%$335/sqft
    Source: Owner Report a problem
    1/4/2020Price change$784,500-0.1%$337/sqft
    Source: Owner Report a problem
    12/29/2019Price change$785,500-0.1%$337/sqft
    Source: Owner Report a problem
    12/23/2019Price change$786,500-0.1%$338/sqft
    Source: Owner Report a problem
    12/16/2019Price change$787,500+0.1%$338/sqft
    Source: Owner Report a problem
    12/9/2019Price change$786,500-0.1%$338/sqft
    Source: Owner Report a problem
    11/30/2019Price change$787,500-0.1%$338/sqft
    Source: Owner Report a problem
    11/20/2019Price change$788,500-0.1%$339/sqft
    Source: Owner Report a problem
    11/13/2019Listed for sale$789,000-0.1%$339/sqft
    Source: Owner Report a problem
    7/31/2019Listing removed$789,500$339/sqft
    Source: Scenic Sotheby's International Realty #817669 Report a problem
    6/21/2019Price change$789,500-1.3%$339/sqft
    Source: Scenic Sotheby's International Realty #817669 Report a problem
    4/10/2019Price change$799,500-5.4%$343/sqft
    Source: Scenic Sotheby's International Realty #817669 Report a problem
    3/8/2019Listed for sale$845,000+17.7%$363/sqft
    Source: Scenic Sotheby's International Realty #817669 Report a problem
    7/20/2015Listing removed$718,000$308/sqft
    Source: Scenic Sotheby's International Realty #713423 Report a problem
    12/10/2014Price change$718,000-1.4%$308/sqft
    Source: Scenic Sotheby's International Realty #713423 Report a problem
    11/26/2014Listed for sale$728,000-13.4%$313/sqft
    Source: Scenic Sotheby's International Realty #713423 Report a problem
    1/24/2007Sold$841,000$361/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,882 -1.6%$869,466 +10%
    2024$8,013 +0.7%$790,424 +10%
    2023$7,959 +15.7%$718,567 +10%
    2022$6,880 +19.7%$653,243 +10%
    2021$5,748 +6.7%$593,857 +10.1%
    2020$5,385 +5.7%$539,452 +5.1%
    2019$5,095 $513,080 +3.6%
    2018$5,095 +3.2%$495,139 +0.2%
    2017$4,937 +1.4%$494,284 +2.5%
    2016$4,869 +5%$482,010 +13.6%
    2015$4,639 +10.1%$424,248 +15.7%
    2014$4,212 $366,746 +8.9%
    2013-- $336,879 +1.1%
    2012-- $333,354
    2011-- $333,354 -2.9%
    2010-- $343,396 -27.7%
    2009-- $474,986 -18.1%
    2008-- $579,881 -8.5%
    2007-- $633,931 +111.3%
    2005-- $300,000 +4272.5%
    2004-- $6,861
    Find assessor info on the county website

    Neighborhood: 32459

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
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    $1,132,200
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    +$22,644
    With Zillow Showcase(estimated)
    $1,154,844
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $1,132,200
    2% more
    +$22,644
    With Zillow Showcase(estimated)
    $1,154,844