27 Grayling Way, Inlet Beach, FL 32461 - Photo 1

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$685,000

For Sale
Active
Single Family
2 Beds
2 Full Baths
1 Partial Bath
1,310 Sq. Ft.
Updated 10 days ago

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Property Description

PRICED TO SELL!!! Beautifully maintained with gorgeous design perfect for a STR or second home! 2-bedroom, 2.5-bath beach home, perfectly positioned in Inlet Beach right outside Rosemary Beach/30Avenue and the Inlet Beach Regional Public Beach Access. GREAT rental numbers with actuals >87K this unit is a rental machine! The main level features a bright open-concept living and kitchen area, a powder bath, laundry space, and a large owner's closet for extra storage. Upstairs, you'll find the primary suite with its private bath, along with a guest bedroom and second full bath - ideal for family or Investment 2nd home! Cost seg/tax strategy investors take notice! Established rental with a great location and proven numbers! *Motivated Sellers

Full Property Details

Full Property Details for 27 Grayling Way

General

Price: $685,000
Status: Active
Type: Single Family
Source: Emerald_Coast
MLS ID: 988804
Updated: 4/13/2026
Added to Site: 78 day(s) ago

Rental Information

Complex Features: Short Term Rental - Allowed

Interior

Number of Rooms: 5
Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Stove/Oven Electric, Washer
Furnishings: Furnished - All

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 2
Half Bathrooms: 1

Bedrooms

Total Bedrooms: 2

Exterior

Porch/Patio/Deck: Patio Open

Location

Area: 18 - 30A East
County: Walton
Subdivision: Waterview at Inlet
Driving Directions: Hwy 98, head north on Orange Street. Grayling Way will be the first street on your left, and the home will be on the left side.

School Information

Elementary School: Dune Lakes
Middle School: Emerald Coast
High School: South Walton

Heating & Cooling

Central air: Yes
Air Conditioning: Yes
Cooling Type: Central Air
Heating Type: Central
Heating/Cooling: Central, Central Air

Utilities

Sewer: Public Sewer
Utility Description: Electric, Public Water, TV Cable

Structural Information

Architectural Style: Beach House
Construction: Siding CmntFbrHrdBrd
Exterior Const.: Siding CmntFbrHrdBrd
Stories/Levels: 2
Square Feet: 1,310
Sq. Ft. Source: County PA Records
Year Built: 2014

Lot Features

Lot Dimensions: 84 x 36
Zoning: Resid Single Family
Fencing (Description): Fenced Privacy

Financial Considerations

Assessment Amount: $600

Disclosures and Reports

Legal Description: LOT 4 WATER VIEW AT INLET BEACH PB 18-41 OR 2880-4343 OR 2880-4357 OR 2962-4415
APN: 36-3S-18-16810-000-0040
Property ID: 36-3S-18-16810-000-0040

Listed by EXP Realty LLC

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Schools

Schools serving 27 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	6.3 mi
Emerald Coast Middle School 4019 US Highway 98 East, Santa Rosa Beach, FL 32459	6-8	8.6 mi
South Walton High School 645 Greenway Trail, Santa Rosa Beach, FL 32459	9-12	12.8 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 27 Grayling Way Get Price Alerts and Save Property

Date

Details

Price

Change

Source

2/20/2026

Price Reduced

$685,000

-1.37%

MLS

11/26/2025

Price Reduced

$694,500

-0.07%

MLS

11/01/2025

Listed

$695,000

8.26%

MLS

5/11/2023

Sold

$642,000

—

Public Record

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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 27 Grayling Way

Year

Property Taxes

Change

Tax Assessment

Change

2024

$5,022

—

$483,044

-12%

2024

$5,022

29%

$549,818

1%

2023

$3,879

51%

$546,561

106%

2021

$2,573

-21%

$265,847

-36%

2022

$3,253

26%

$416,355

66%

2021

$2,573

16%

$250,417

13%

2019

$2,213

6%

$222,485

10%

2018

$2,089

6%

$202,259

-5%

2017

$1,967

18%

$212,281

27%

2016

$1,673

3%

$167,156

4%

2015

$1,629

679%

$160,273

529%

2014

$209

40%

$25,500

65%

2013

$149

—

$15,500

—

View All

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 27 Grayling Way

23 Grayling Way, Inlet Beach, FL 32461 - Photo 1

Sold

$745,000

23 Grayling Way Inlet Beach, FL 32461

Single Family
Closed
Updated 10 days ago

3
Beds
3
Total Baths
1,772
Sq. Ft.

57 Grayling Way, Inlet Beach, FL 32461 - Photo 1

Sold

$699,000

57 Grayling Way Inlet Beach, FL 32461

Single Family
Closed
Updated 9 days ago

3
Beds
3
Total Baths
1,705
Sq. Ft.

54 Topside Dr, Inlet Beach, FL 32461 - Photo 1

Sold

$749,000

54 Topside Dr Inlet Beach, FL 32461

Single Family
Closed
Updated 9 days ago

3
Beds
3
Total Baths
1,772
Sq. Ft.

81 S Orange St, Inlet Beach, FL 32461 - Photo 1

Sold

$585,000

81 S Orange St #UNIT 209 Inlet Beach, FL 32461

Condo
Closed
Updated 10 days ago

1
Bed
1
Total Bath
640
Sq. Ft.

27 Grayling Way, Inlet Beach, FL 32461 (MLS# 988804) is a Single Family property with 2 bedrooms, 2 full bathrooms and 1 partial bathroom. 27 Grayling Way is currently listed for $685,000 and was received on February 05, 2026. Want to learn more about 27 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.

27 Grayling Way Inlet Beach, FL 32461