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$1,550,000 -$13,950,000 (-90%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 7 Beds
  • 5 Full Baths
  • 2 Partial Baths
  • 4,936 Sq. Ft.
  • Updated 9 hours ago
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just Reduced $50k Newly remodeled and updated turnkey, 7552 total sq. ft. home is located on the desired east end of St. George Island. Enjoy Gulf and Bay views that are must-see. This home offers 7 Bedrooms 5 Full Baths and 2 1/2 Baths with 2 car garage. 4936 Sq. Ft heated and cooled. don't like stairs no problem, a custom 8 ft. Elevator box car gives access to all 3 levels. Home shares a community dock for all those water sports activities the forgotten coast has to offer. New Security coded gate, New Kitchen, All stainless-steel appliances) New Bathrooms, all with soft close door hinges and drawer glides on 1st level cabinets. All new Quartz countertops in the kitchen and full bathrooms on the main level. New water heater, New Roof, New Electric meter with generator hook up, New Septic system, New Exterior shower added at N.E. corner, New 5-ton Trane AC unit, 4 New dormers with hurricane grade windows on the 2nd level, On 1st level 1/2 Bath in utility room with stackable washer and dryer also Extra washer and dryer in 2 car Garage. All new parquet extreme polymer layered waterproof LVP 9"Wide honey-colored flooring and stair treads throughout the home except kitchen floor tile. All new outlets, rocker switches, cover plates upgraded LED bulbs, and light fixtures throughout this home. all on 1 Acre. Make your offer on this incredible property. Beach access for this subdivision is located across East Gulf Beach Dr. (as per Franklin County). Check out the Gulf and Bay views from the top on your large widow's walk. You can truly have it all in this property. Call and set your appointment to view and live the Coastal life you have dreamed of!! Looking to build more homes, (2 lots also available) 2 Waterview lots could be purchased as a package deal. Rent this one while building the other homes this is a fantastic opportunity for an Income producing portfolio The owner said to make an offer on 1 or all.

Full Property Details for 1183 Russell Way

General

  • Price: $1,550,000
  • HOA FEE: $21/month
  • HOA FEE FREQ.: Annually
  • Status: Active
  • Type: Single Family
  • Source: 933
  • MLS ID: 324938
  • Updated: 3/9/2026
  • Added to Site: 59 day(s) ago

Interior

  • Rooms/Areas: See Remarks, Walk-in Closet(s)
  • Interior Features: Breakfast Bar, Beamed Ceilings, Crown Molding, Raised Ceiling(s), Elevator, French Doors, Storage, Kitchen Island, Recessed Lighting, Other, Pantry, Renovated, See Remarks, Walk-In Closet(s), Washer/Dryer Hookup
  • Appliances: Dryer, Washer, Dishwasher, Disposal, Microwave, Self Cleaning Oven, Range Hood, Refrigerator, Refrigerator w/Ice Maker, See Remarks, Electric Oven, Electric Water Heater
  • Furnishings: Unfurnished
  • Flooring: Ceramic Tile, Laminate, New, Other, See Remarks

Rooms

Bathrooms

  • Total Bathrooms: 7
  • Full Bathrooms: 5
  • Half Bathrooms: 2

Bedrooms

  • Total Bedrooms: 7

Exterior

  • Exterior Features: Dock, Hurricane Shutters, Renovated, See Remarks, Widows Walk
  • Porch/Patio/Deck: Balcony, Covered Deck, Covered Porch, Enclosed Deck, F

Parking

  • Parking Features: Carport, Driveway, Other, Oversized, See Remarks, Under House With Pad

Location

  • Area: St. George Island
  • Subdivision: Cara Bay
  • Driving Directions: FROM EAST GULF BEACH DR. TO CARRA BAY ESTATES HOME TO YOUR RIGHT AT GATE.

Heating & Cooling

  • Cooling Type: Central Air, See Remarks, Multi-Units, Electric
  • Heating Type: Central, See Remarks, Electric

Utilities

  • Sewer: Aerobic Septic, See Remarks
  • Water: Public, Tap Fee Paid
  • Utility Description: Electricity Connected, Internet Available, Other, See Remarks, Sewer Not Available, Tap Fee Paid, Water Available, Water Connected

Structural Information

  • Architectural Style: 2+ Story, Beach House, Custom, Florida, Open Floor Plan, Other, See Remarks
  • Construction Status: Construction Complete
  • Exterior Const.: Other, See Remarks, Vinyl Siding
  • Stories/Levels: 2
  • Square Feet: 4,936
  • Living Area: 4,936 Sq. Ft.
  • Year Built: 1997

Unit Information

  • Occupancy Rate: Vacant

Lot Features

  • Lot Dimensions: 100 x 400
  • Lot Features: Additional Land Available, Cleared, Boating Access, Covenants/Restrictions, Deeded Water Access, Flood Insurance Required, Interior Lot, Other, Recorded Subdivision, See Remarks, Survey Available, Water View, Wit

Water Features

  • Water View: Yes

Financial Considerations

  • Association Fee: $250
  • Assoc Fee Freq.: Annually
  • Terms: Cash, Conventional, Owner Will Carry, See Remarks

Disclosures and Reports

  • Special Conditions: As Is
  • Legal Description: LOT 11 CARRA BAY ESTATES
  • Exclusions: ALL AS IS
  • Property ID: 29-09S-06W-7317-0000-0361

Listed by Anchor Realty Florida

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Listing agents

— 1183 Russell Way —

  • Anchor Realty Florida

  • Anchor Realty Florida

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1183 Russell Way

School District:Franklin County School District, Eastpoint, FL
NameGradesDistance
Franklin Virtual Instruction Program
85 School Road, Eastpoint, FL 32328
K-125.5 mi
Franklin County Schools Pk-12
1250 U.S. 98, Eastpoint, FL 32328
PK-126.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1183 Russell Way Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/09/2026
Price Reduced
$1,550,000
-90%
MLS
1/09/2026
Listed
$15,500,000
—
MLS
Get Price Alerts and Save Property
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 for 1183 Russell Way

Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,541
-4%
$1,919,474
-10%
2024
$13,007
—
$2,127,143
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Anchor Realty Florida

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1183 Russell Way, Saint George Island, FL 32328 (MLS# 324938) is a Single Family property with 7 bedrooms, 5 full bathrooms and 2 partial bathrooms. 1183 Russell Way is currently listed for $1,550,000 and was received on January 09, 2026. Want to learn more about 1183 Russell Way? Do you have questions about finding other Single Family real estate for sale in Saint George Island? You can browse all Saint George Island real estate or contact a Coldwell Banker agent to request more information.

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