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$815,000 Sale Pending
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Property Description
A single level, spacious floorplan on a pool size lot with 50 ft of waterfront, offering views from the Living Room, Dining Room, Primary Suite and Screened-In Lanai. This modern design has 1952 sq. ft. of living space including two bedrooms; a private flex room being used as office space but easily converted to a full-time 3rd bedroom if needed, and two full bathrooms. The property, located in the first phase of Naturewalk is the only gated community within Watersound Origins. Naturewalk has a private amenity center, available only to their homeowners. Enjoy resort s style pool with cabanas, spa, firepit, gathering areas and a well-equipped fitness center, pickle ball and tennis courts. AND, as a homeowner you can play golf on the 10-hole course. Shopping and Dining is made easy with the newly developed Town Center that is walkable or by a short 5-minute drive. To learn about Town Center go to www.watersoundtowncenter.com. No short-term rentals are allowed and only 10 minutes from the famous 30A Highway where you can enjoy the Gulf beaches along with popluar Rosemary Beach and Alys Beach. If you are seeking a resort lifestyle community - consider Naturewalk at Watersound Origins. I invite you to tour 122 Pennekamp Lane. A Move-In Ready Home that may be just what you are looking for.
Full Property Details
Full Property Details for 122 Pennekamp Ln
General
- Price: $815,000
- Taxes: $40,695 (2025)
- Status: Pending
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 1001487
- Updated: 5/28/2026
- Added to Site: 8 day(s) ago
Rental Information
- Complex Features: Short Term Rental - Not Allowed, Pickle Ball, Community Room, Exercise Room, Fishing, Gated Community, Golf, Pets Allowed, Playground, Pool, Tennis, TV Cable
Interior
- Number of Rooms: 11
- Interior Features: Kitchen Island, Lighting Recessed, Pantry, Washer/Dryer Hookup
- Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Range Hood, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas, Warranty Provided, Washer, Water Heater - Elect, Water Heater - Tnkls
- Flooring: Floor Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Pool: Yes
- Pool Description: Pool Type
Exterior
- Porch/Patio/Deck: Patio Covered, Patio Enclosed
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
Location
- Area: 18 - 30A East
- County: Walton
- Subdivision: Watersound Origins - Naturewalk
- Driving Directions: AT Hwy 98 go North on Watersound Parkway, pass Publix Mall @ TownCenter. Take round-about - stay on Watersound Pkwy. At 1st Stop continue straight, then turn left into gated community of Naturewalk. Take Naturewalk Blvd to the 1st stop sign which is at the Community Center. Turn left then go to the first left turn which is Pennekamp. 3rd house on the left.
School Information
- Elementary School: Dune Lakes
- Middle School: Emerald Coast
- High School: South Walton
Community
- Association: Yes
- Assoc. Fees Include: Legal, Management, Master Association, Recreational Faclty
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fans
- Heating/Cooling: Ceiling Fans
Utilities
- Sewer: Community Sewer, Public Sewer
- Utility Description: Electric, Gas - Natural, Public Water, Underground
Structural Information
- Architectural Style: Florida Cottage
- Construction: Siding CmntFbrHrdBrd
- Exterior Const.: Siding CmntFbrHrdBrd
- Stories/Levels: 1
- Square Feet: 1,952
- Sq. Ft. Source: County PA Records
- Year Built: 2021
Lot Features
- Property View: Pond
- Lot Dimensions: 133 x 50 x 133 x 50
- Lot Features: Covenants, Level, Sidewalk
- Zoning: Resid Single Family
Water Features
- Water Front: Yes
- Water Front Type: Pond
Green Features
- Energy Efficient: Doors
Financial Considerations
- Assessment Amount: $929
- Tax Amount: $40,695
- Tax Year: 2025
Disclosures and Reports
- Legal Description: LOT 35 WATERSOUND ORIGINS- NATUREWALK PH 1 PB 22-50 OR 3185-3582 OR 3224-1032
- APN: 24-3S-18-16120-000-0350
- Property ID: 24-3S-18-16120-000-0350
Listed by La Florida Coastal Properties
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Schools
Schools serving 122 Pennekamp Ln
School District:Walton County School District
| Name | Grades | Distance |
|---|---|---|
Bay Elementary School 6565 US Highway 98 East, Santa Rosa Beach, FL 32459 | K-5 | 4.8 mi |
Emerald Coast Middle School 4019 US Highway 98 East, Santa Rosa Beach, FL 32459 | 6-8 | 7.2 mi |
South Walton High School 645 Greenway Trail, Santa Rosa Beach, FL 32459 | 9-12 | 11.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 122 Pennekamp Ln
Date
Details
Price
Change
Source
5/19/2026
Listed
$815,000
48.4%
MLS
11/04/2021
Sold
$549,200
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 122 Pennekamp Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,195
2%
$502,908
-19%
2024
$4,115
4%
$624,269
23%
2023
$3,964
241%
$506,380
321%
2021
$1,164
-70%
$120,235
-77%
2022
$3,916
236%
$519,032
14884%
2021
$1,164
—
$3,464
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 122 Pennekamp Ln
122 Pennekamp Lane, Inlet Beach, FL 32461 (MLS# 1001487) is a Single Family property with 2 bedrooms and 2 full bathrooms. 122 Pennekamp Lane is currently listed for $815,000 and was received on May 20, 2026. Want to learn more about 122 Pennekamp Lane? Do you have questions about finding other Single Family real estate for sale in Inlet Beach? You can browse all Inlet Beach real estate or contact a Coldwell Banker agent to request more information.

