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$699,900
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Property Description
Perfectly positioned in the heart of Inlet Beach within the desirable Water View subdivision, 135 Grayling Way offers a true turnkey opportunity along the iconic Scenic Highway 30A corridor. Just minutes from Rosemary Beach and only .3 mile from your doorstep to the sand, this fully furnished 3 bedroom, 3 bathroom beach home blends comfort, quality, and investment potential. Thoughtfully updated and impeccably maintained, this property has never been rented and reflects exceptional owner care, including seasonal pressure washing, proactive whole-home maintenance, active termite bond, and professional landscape upkeep. Recent improvements include updated HVAC units, new hot water heater, outdoor shower, rain gutters, fenced backyard with covered entertaining oasis, and added storage closets for enhanced functionality. Inside, the open and inviting layout comfortably accommodates multiple guests, making it ideal as a primary residence, second home, or income-producing short-term rental. Rental projections exceed $60,000+ annually!, offering strong income potential from day one. Generous storage throughout sets this home apart from typical beach properties, adding practical convenience for both owners and guests. Outdoor living spaces create the perfect setting to unwind after a day on the Gulf, whether rinsing off under the outdoor shower, gathering around the fire in the evening, or relaxing beneath the covered patio. An extra-wide bike path just around the corner connects seamlessly to 30Avenue and extends over the bridge toward Panama City Beach. Pedestrian access through the nearby tunnel allows safe and easy passage beneath Highway 98 toward 30A and Rosemary Beach. Beach access is effortless via Inlet Beach Regional Beach Access at the southern end of South Orange Street, the largest access point in Walton County. Amenities include ample parking, restrooms, showers, and expansive natural dunes. Just offshore lies Grouper Reef, a popular artificial snorkel reef approximately 970 feet from shore, known for vibrant marine life including fish, dolphins, and sea turtles. Nature lovers will appreciate being just one mile from Camp Helen State Park, home to Lake Powell, one of the largest and rare coastal dune lakes in North America. Enjoy kayaking, paddleboarding, and exploring preserved coastal landscapes. The eastern end of 30A also provides quick access to Pier Park shopping and dining, as well as Northwest Florida Beaches International Airport (ECP) for convenient travel. With nearby beach access just .3 mile away, a location that consistently commands demand, and a fully furnished, move-in-ready property positioned for immediate rental income, 135 Grayling Way delivers exceptional value along 30A. Whether you're seeking a personal coastal retreat or a high-performing investment property, this Inlet Beach home offers refreshed interiors, rental-ready convenience, and a prime location near Rosemary Beach and the Gulf.
Full Property Details
Full Property Details for 135 Grayling Way
General
- Price: $699,900
- Taxes: $3,191 (2025)
- Status: Active
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 995700
- Updated: 4/16/2026
- Added to Site: 64 day(s) ago
Rental Information
- Complex Features: Pets Allowed
Interior
- Number of Rooms: 6
- Interior Features: Breakfast Bar, Floor Allowance, Kitchen Island, Lighting Recessed, Owner's Closet, Washer/Dryer Hookup
- Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Microwave, Oven Self Cleaning, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Water Heater - Elect
- Furnishings: Furnished - All
- Flooring: Floor Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: Fenced Back Yard, Shower
- Porch/Patio/Deck: Patio Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Parking Features: Garage
Location
- Area: 18 - 30A East
- County: Walton
- Subdivision: WATERVIEW AT INLET BEACH
- Driving Directions: Go N on N Orange st, turn left on Grayling way house will be on the left
School Information
- Elementary School: Dune Lakes
- Middle School: Emerald Coast
- High School: South Walton
Community
- Association: Yes
- Assoc. Fees Include: Master Association
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Ceiling Fans, Central Air
- Heating/Cooling: Ceiling Fans, Central Air
Utilities
- Sewer: Public Sewer
- Utility Description: Electric, Phone, Public Water, TV Cable
Structural Information
- Architectural Style: Beach House
- Stories/Levels: 2
- Square Feet: 1,772
- Sq. Ft. Source: County PA Records
- Year Built: 2014
Lot Features
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 3,049.2
- Lot Dimensions: 40 x 80
- Street/Road Desc.: Paved
- Lot Features: Covenants, Interior, Restrictions
- Zoning: Resid Single Family
- Fencing (Description): Fenced Lot-All
Financial Considerations
- Assessment Amount: $650
- Tax Amount: $3,191.19
- Tax Year: 2025
Disclosures and Reports
- Legal Description: Lot 16 Water View At Inlet Beach Pb 18-41 Or 2880-4346 Or 2880-4357 Or 2952-2449 Or 3072-1946
- APN: 36-3S-18-16810-000-0160
- Property ID: 36-3S-18-16810-000-0160
Listed by EXP Realty LLC
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Schools
Schools serving 135 Grayling Way
School District:Walton County School District
| Name | Grades | Distance |
|---|---|---|
Bay Elementary School 6565 US Highway 98 East, Santa Rosa Beach, FL 32459 | K-5 | 6.2 mi |
Emerald Coast Middle School 4019 US Highway 98 East, Santa Rosa Beach, FL 32459 | 6-8 | 8.5 mi |
South Walton High School 645 Greenway Trail, Santa Rosa Beach, FL 32459 | 9-12 | 12.7 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 135 Grayling Way
Date
Details
Price
Change
Source
4/16/2026
Price Reduced
$699,900
-2.78%
MLS
4/13/2026
Price Reduced
$719,900
-4%
MLS
2/19/2026
Listed
$749,900
—
MLS
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 135 Grayling Way
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,128
—
$624,042
-16%
2024
$3,128
4%
$743,590
1%
2023
$3,011
—
$738,968
112%
2021
$3,008
1%
$348,418
-37%
2022
$2,972
-1%
$550,284
67%
2021
$3,008
7%
$329,137
16%
2019
$2,809
19%
$282,899
3%
2018
$2,367
3%
$274,665
2%
2017
$2,303
7%
$269,519
26%
2016
$2,145
2%
$214,406
4%
2015
$2,093
901%
$205,927
708%
2014
$209
40%
$25,500
65%
2013
$149
—
$15,500
—
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 135 Grayling Way
135 Grayling Way, Inlet Beach, FL 32461 (MLS# 995700) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 135 Grayling Way is currently listed for $699,900 and was received on February 19, 2026. Want to learn more about 135 Grayling Way? 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.

