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$1,265,000
Property Description
Located in the gated community of Cypress Dunes along the west end of Scenic Highway 30A, 388 Cypress Drive is a beautifully designed 3-bedroom, 3.5-bath coastal residence offering Gulf views, refined architecture, and rare expansion potential in a peaceful, natural setting. The second-floor living space makes an immediate impression with dramatic wall-to-wall windows, flooding the home with natural light and creating a bright, elevated coastal aesthetic. The updated kitchen features modern finishes and flows seamlessly into the open living and dining areas -- ideal for entertaining or relaxed everyday living. The third floor captures partial west-facing Gulf views and features a private balcony, perfectly positioned for sunset evenings and coastal breezes. Rear alley access provides flexibility rarely found along 30A -- the back portion of the lot offers space to build a two-car garage with carriage house above or expand the existing home, adding both functionality and long-term value. Surrounded by the protected beauty of Topsail Hill Preserve State Park, the community offers a quiet, scenic backdrop while remaining conveniently close to the shops and restaurants at Gulf Place and Grand Boulevard. Beach access is just a short distance away, as well as access to the trails and shoreline of Topsail Preserve. Cypress Dunes amenities include a Gulf-view infinity-edge pool, outdoor fireplace and gathering pavilion, fitness center, tennis and pickleball courts, and winding nature trails. An exceptional opportunity for a primary residence, second home, or investment property in one of 30A's most serene coastal settings.
Full Property Details
Full Property Details for 388 Cypress Dr
General
- Price: $1,265,000
- Taxes: $7,881 (2025)
- Status: Active
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 996947
- Updated: 4/13/2026
- Added to Site: 44 day(s) ago
Rental Information
- Complex Features: Short Term Rental - Allowed, Pickle Ball, Community Room, Gated Community, Pool, Tennis
Interior
- Number of Rooms: 5
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Additional Information
- Pool: Yes
- Pool Description: Pool Type
Exterior
- Exterior Features: Balcony, Sprinkler System
- Porch/Patio/Deck: Deck Covered
Location
- Area: 17 - 30A West
- County: Walton
- Subdivision: CYPRESS DUNES
- Driving Directions: Take Hwy 98 / U.S.-98 west or east to West County Hwy 30A. Turn south (right if westbound / left if eastbound) onto W County Hwy 30A. Right onto Cypress Crossing (entrance to Cypress Dunes). Left onto Cypress Walk. Right onto Cypress Drive. The home at 388 Cypress Drive will be on the right. Across from the Amenity Center.
School Information
- Elementary School: Van R Butler
- Middle School: Emerald Coast
- High School: South Walton
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Heat Pump A/A Two +
- Heating/Cooling: Heat Pump A/A Two +, Central Air
Utilities
- Sewer: Public Sewer
- Utility Description: Public Water
Structural Information
- Architectural Style: Beach House
- Stories/Levels: 3
- Square Feet: 2,328
- Sq. Ft. Source: County PA Records
- Year Built: 2006
Lot Features
- Property View: Gulf
- Lot Size (Acres): 0.08
- Lot Size (Sq. Ft.): 3,484.8
- Lot Dimensions: 40 x 85
- Zoning: Resid Single Family
Water Features
- Water View: Yes
Financial Considerations
- Assessment Amount: $1,250
- Tax Amount: $7,881.73
- Tax Year: 2025
Disclosures and Reports
- Legal Description: LOT 133 CYPRESS DUNES S/D PB 15-74 REPLAT PB 16-43 OR 2748-2691 OR 2974-3814 OR 3150-237
- APN: 32-2S-20-33300-000-1330
- Property ID: 32-2S-20-33300-000-1330
Listed by Berkshire Hathaway HomeServices
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Schools
Schools serving 388 Cypress Dr
School District:Walton County School District
| Name | Grades | Distance |
|---|---|---|
Van R. Butler Elementary School 6694 West County Highway 30A, Santa Rosa Beach, FL 32459 | K-5 | 0.5 mi |
Emerald Coast Middle School 4019 US Highway 98 East, Santa Rosa Beach, FL 32459 | 6-8 | 9.4 mi |
South Walton High School 645 Greenway Trail, Santa Rosa Beach, FL 32459 | 9-12 | 5.5 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 388 Cypress Dr
Date
Details
Price
Change
Source
3/05/2026
Listed
$1,265,000
73.29%
MLS
7/06/2020
Sold
$730,000
—
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 388 Cypress Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,013
—
$875,449
-10%
2024
$8,013
1%
$975,416
-8%
2023
$7,959
38%
$1,054,826
78%
2021
$5,748
-16%
$593,857
-29%
2022
$6,880
20%
$841,756
56%
2021
$5,748
13%
$539,452
5%
2019
$5,095
3%
$513,080
4%
2018
$4,937
1%
$495,139
—
2017
$4,869
5%
$494,284
3%
2016
$4,639
10%
$482,010
14%
2015
$4,212
11%
$424,248
16%
2014
$3,781
8%
$366,746
9%
2013
$3,494
—
$336,879
—
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 388 Cypress Dr
388 Cypress Drive, Santa Rosa Beach, FL 32459 (MLS# 996947) is a Single Family property with 3 bedrooms, 3 full bathrooms and 1 partial bathroom. 388 Cypress Drive is currently listed for $1,265,000 and was received on March 05, 2026. Want to learn more about 388 Cypress 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.
