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$3,999,000 Sale Pending

  • For Sale
  • Pending
  • Single Family
  • 5 Beds
  • 4 Full Baths
  • 2 Partial Baths
  • 4,006 Sq. Ft.
  • Updated 6 days ago

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Welcome to this stunning home in the highly sought-after Dune Allen Beach, offering an unparalleled retreat overlooking the tranquil waters of Oyster Lake. Fully furnished and thoughtfully designed, this home spans over 4,000 square feet of luxurious living space, blending modern elegance with coastal charm. Nestled on a rare Coastal Dune Lake, the property enjoys an expansive wooded lot, providing both privacy and natural beauty. From the moment you arrive, the private swimming pool and spa beckon you to relax and enjoy the Florida sunshine. The outdoor living space is equally impressive, featuring a spacious patio with a top-tier outdoor kitchen, perfect for hosting unforgettable gatherings or savoring quiet evenings under the stars. At the heart of the home is a gourmet chef's kitchen, equipped with premium gas appliances and curated finishes to elevate your culinary experience. It's a space where creativity meets practicality, perfect for everything from intimate dinners to grand feasts. The first floor offers a serene primary suite complete with dual walk-in closets, a spa-like private bath, and a secluded outdoor shower for a refreshing start to your day. The open-concept living area flows seamlessly, combining a spacious living room, dining area, wet bar, and a cozy gas fireplace for a sophisticated yet inviting atmosphere. A charming bunk room with its own private bath provides additional versatility for guests or family. Upstairs, the second floor delivers two junior primary suites, each with private baths and walk-in closets, ensuring every guest enjoys their own personal retreat. A lounge and game room area, outfitted with custom queen-over-queen bunks, offers a perfect blend of relaxation and entertainment. The expansive second-floor patio invites you to take in the coastal breezes and picturesque surroundings, while the third-floor lookout deck offers unparalleled views of the Gulf and stunning sunsets. Thoughtful touches abound, from the high-end epoxy flooring in the two-car garage ideal for easy cleanup after beach adventures to the option of adding a gated driveway for enhanced privacy and exclusivity. This home embodies the essence of the 30A lifestyle, where refined design meets the natural beauty of the Florida coast. Reach out to us today for cost to own figures & rental projections.

Full Property Details for 127 Oyster Lake Dr

General

  • Price: $3,999,000
  • Taxes: $4,764 (2022)
  • Status: Pending
  • Type: Single Family
  • Source: Emerald_Coast
  • MLS ID: 998855
  • Updated: 4/13/2026
  • Added to Site: 25 day(s) ago

Rental Information

  • Complex Features: BBQ Pit/Grill, Beach, Dock, Fishing, Game Room, Laundry, Pets Allowed, Separate Storage, TV Cable, Waterfront

Interior

  • Number of Rooms: 8
  • Interior Features: Breakfast Bar, Built-In Bookcases, Ceiling Raised, Ceiling Vaulted, Fireplace, Lighting Recessed, Newly Painted, Owner's Closet, Pantry, Washer/Dryer Hookup, Wet Bar
  • Fireplace: Yes
  • Fireplace(s): Fireplace Gas, Fireplace
  • Appliances: Dishwasher, Dryer, Freezer, Ice Machine, Microwave, Range Hood, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas, Warranty Provided, Washer, Wine Refrigerator, Water Heater - Gas
  • Furnishings: Furnished - All
  • Flooring: Floor Hardwood, Floor Tile

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2

Bedrooms

  • Total Bedrooms: 5

Additional Information

  • Pool: Yes
  • Pool Description: Pool - In-Ground, Pool Type

Exterior

  • Exterior Features: Balcony, BBQ Pit/Grill, Dock, Shower, Sprinkler System
  • Porch/Patio/Deck: Deck Covered, Patio Covered, Porch

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Parking Features: Garage, Oversized

Location

  • Area: 17 - 30A West
  • County: Walton
  • Subdivision: OYSTER LAKE
  • Driving Directions: Go south on Thompson Rd. from HWY 98 at the stop sign and at end of Thompson Rd. go straight. the road becomes Seahorse Cr. The first road on right is Oyster Lake Dr. Property is 127 Oyster Lake Drive

School Information

  • Elementary School: Van R Butler
  • Middle School: Emerald Coast
  • High School: South Walton

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fans
  • Heating/Cooling: Ceiling Fans

Utilities

  • Sewer: Public Sewer
  • Utility Description: Gas - Natural, TV Cable

Structural Information

  • Architectural Style: Beach House
  • Construction: Concrete, Siding Wood
  • Exterior Const.: Concrete, Siding Wood
  • Stories/Levels: 2
  • Square Feet: 4,006
  • Sq. Ft. Source: Appraiser
  • Year Built: 2022

Lot Features

  • Property View: Lake, Gulf
  • Lot Size (Acres): 0.68
  • Lot Size (Sq. Ft.): 29,620.8
  • Lot Dimensions: 88.66 x 233.27 x 22.6 x 152.76 x 253
  • Street/Road Desc.: Paved
  • Lot Features: Within 1/2 Mile to Water, Wooded
  • Zoning: Resid Single Family
  • Fencing (Description): Fenced Privacy

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Type: Unit Waterfront, Coastal Dune Lakes, Lake

Financial Considerations

  • Tax Amount: $4,764.48
  • Tax Year: 2022

Disclosures and Reports

  • Legal Description: LOT 1 BLK E DUNE ALLEN 2ND ADD PB 2-85 ALSO: THAT PART OF BLK F LYING IN SEC 03 DESC AS: COM AT NW/C OF LOT 1 BLK E DUNE ALLEN 2ND ADD S/D S 45 DEG 20' 00W 10.73FT, N 89 DEG 27'12W 41.99FT TO NELY COR OF PRCL IN OR 1098-177, S 00 DEG 21'57W ALG E LN OF SAID PRCL 259.07FT N 64 DEG 14'46E 152.30FT TO SE/C OF LOT 1 BLK E, N 14 DEG 58'41W ALG E LN 233.27FT TO SE/LY LN OF ALLEY S 45 DEG 20' 00W 36.01F
  • APN: 04-3S-20-34070-00E-0010
  • Property ID: 04-3S-20-34070-00E-0010

Listed by Compass

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— 127 Oyster Lake Dr —

  • Compass

Get Pre-Approved Today

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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 127 Oyster Lake Dr

School District:Walton County School District
NameGradesDistance
Van R. Butler Elementary School
6694 West County Highway 30A, Santa Rosa Beach, FL 32459
K-51.1 mi
Emerald Coast Middle School
4019 US Highway 98 East, Santa Rosa Beach, FL 32459
6-87.9 mi
South Walton High School
645 Greenway Trail, Santa Rosa Beach, FL 32459
9-124.2 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 127 Oyster Lake Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/25/2026
Listed
$3,999,000
-2.46%
MLS
10/02/2023
Sold
$4,100,000
—
Public Record
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 127 Oyster Lake Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$30,031
—
$2,877,911
-12%
2024
$30,031
40%
$3,287,722
39%
2023
$21,476
351%
$2,363,560
360%
2022
$4,764
30%
$514,113
29%
2021
$3,652
—
$398,799
9%
2021
$3,652
13%
$364,850
24%
2019
$3,224
6%
$294,460
10%
2018
$3,055
6%
$267,691
-20%
2017
$2,873
11%
$333,889
13%
2016
$2,598
27%
$295,240
47%
2015
$2,044
8%
$201,120
10%
2014
$1,885
-1%
$182,837
—
2013
$1,897
—
$182,837
—
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.

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127 Oyster Lake Drive, Santa Rosa Beach, FL 32459 (MLS# 998855) is a Single Family property with 5 bedrooms, 4 full bathrooms and 2 partial bathrooms. 127 Oyster Lake Drive is currently listed for $3,999,000 and was received on March 25, 2026. Want to learn more about 127 Oyster Lake Drive? Do you have questions about finding other Single Family real estate for sale in Santa Rosa Beach? You can browse all Santa Rosa Beach real estate or contact a Coldwell Banker agent to request more information.

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