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$2,700,000
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Property Description
Luxury Bayfront Home with 120 ft on the water. High and dry custom build by Arthur Rutenberg and completely updated in 2021. Over a million in renovations including all new windows, all new flooring, kitchen, baths, etc. Nothing was overlooked. One story home with open floor plan, two spacious living areas, dining room plus a bonus room that could be used as a 4th bedroom or office. Beautiful outdoor living space with screened lanai, heated pool and spa controlled by indoor computer system. Large driveway with an oversized 3 car garage with storage space and an additional washer/dryer. Private all new dock with 2 boat lifts, the larger rated for 28,000 lbs. and 2 jet ski lifts. One HVAC system was replaced in 2018, the other is new. This is waterfront living at its finest!
Full Property Details
Full Property Details for 388 E Shipwreck Rd
General
- Sold For: $2,700,000
- Taxes: $12,005 (2025)
- Status: Closed
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 993971
- Added to Site: 75 day(s) ago
Interior
- Number of Rooms: 11
- Interior Features: Breakfast Bar, Ceiling Crwn Molding, Lighting Recessed, Split Bedroom
- Fireplace: Yes
- Fireplace(s): Fireplace Gas
- Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer, Water Heater - Gas
- Flooring: Floor Hardwood, Floor Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Additional Information
- Pool: Yes
- Pool Description: Pool - Heated, Pool - In-Ground, Pool Type
Exterior
- Exterior Features: Boat Slip, Boatlift, Dock, Fenced Back Yard, Hot Tub, Hurricane Shutters, Lawn Pump, Pool - Enclosed, Sprinkler System
- Porch/Patio/Deck: Patio Enclosed
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
Location
- Area: 16 - North Santa Rosa Beach
- County: Walton
- Subdivision: DRIFTWOOD ESTATES
- Driving Directions: From Hwy 98 turn north on Mack Bayou Rd. Go all the way to the end of the road and turn left onto W Harborview. Continue onto Shipwreck Rd and turn right onto E Shipwreck Rd. Home is on the corner of E Shipwreck and Shipwreck Circle
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: Ceiling Fans, Central Air
- Heating Type: Central
- Heating/Cooling: Central, Ceiling Fans, Central Air
Utilities
- Sewer: Public Sewer
- Water: Well
- Well: Yes
- Utility Description: Electric, Gas - Natural, Public Water, TV Cable, Underground
Structural Information
- Architectural Style: Mediterranean
- Construction: Frame, Stucco
- Exterior Const.: Frame, Stucco
- Stories/Levels: 1
- Square Feet: 2,910
- Sq. Ft. Source: Agent-Measured
- Year Built: 1999
Lot Features
- Property View: Bay
- Lot Size (Acres): 0.77
- Lot Size (Sq. Ft.): 33,541.2
- Lot Dimensions: 120 x 267 x 124 x 330
- Frontage: County Road
- Street/Road Desc.: Paved
- Zoning: Resid Single Family
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Type: Bay
Green Features
- Energy Efficient: Doors
Financial Considerations
- Assessment Amount: $227
- Tax Amount: $12,005.53
- Tax Year: 2025
Disclosures and Reports
- Legal Description: LOT 15 BLK L DRIFTWOOD ESTATES PB 5-28 OR 1884-14 OR 2856-3470 OR 2938-4662 OR 3105-2863 OR 3117-3833
- APN: 11-2S-21-42010-00L-0150
- Property ID: 11-2S-21-42010-00L-0150
Listed by Aquatic Resort Properties Inc
Sold by Compass
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Schools
Schools serving 388 E Shipwreck Rd
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 | 4.3 mi |
Emerald Coast Middle School 4019 US Highway 98 East, Santa Rosa Beach, FL 32459 | 6-8 | 12 mi |
South Walton High School 645 Greenway Trail, Santa Rosa Beach, FL 32459 | 9-12 | 7.7 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 388 E Shipwreck Rd
Date
Details
Price
Change
Source
3/26/2026
Sold
$2,700,000
-6.74%
MLS
1/29/2026
Listed
$2,895,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
388 E Shipwreck Road, Santa Rosa Beach, FL 32459 (MLS# 993971) is a Single Family property that was sold at $2,700,000 on March 26, 2026. Want to learn more about 388 E Shipwreck Road? 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.

