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$2,895,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 2,910 Sq. Ft.
  • Updated 6 days ago
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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 for 388 E Shipwreck Road E

General

  • Price: $2,895,000
  • Taxes: $12,005 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Emerald_Coast
  • MLS ID: 993971
  • Updated: 1/29/2026
  • Added to Site: 6 day(s) ago

Interior

  • Rooms/Areas: Bedroom, Dining Room, Family Room, Full Bathroom, Half Bathroom, Kitchen, Living Room, Master Bathroom, Master Bedroom, Office
  • Interior Features: Breakfast Bar, Ceiling Crwn Molding, Fireplace Gas, Floor Hardwood, Floor Tile, Lighting Recessed, Plantation Shutters, Split Bedroom
  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Living Room: Living Room
  • Family Room: Family Room
  • Kitchen: Kitchen
  • Dining Room: Dining Room
  • Office: Office

Additional Information

  • Pool: Yes

Exterior

  • Exterior Features: Boat Slip, Boatlift, Dock, Fenced Back Yard, Hot Tub, Hurricane Shutters, Lawn Pump, Patio Enclosed, Pool - Enclosed, Pool - Heated, Pool - In-Ground, Sprinkler System

Parking

  • Garage: Yes
  • Garage Spaces: 3
  • Parking: Garage Attached

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

  • Heating/Cooling: AC - Central Elect, Ceiling Fans, Double Pane Windows, Heat Cntrl Electric, Insulated Doors, Water Heater - Gas

Utilities

  • Utility Description: Electric, Gas - Natural, Private Well, Public Sewer, Public Water, TV Cable, Underground

Structural Information

  • Architectural Style: Mediterranean
  • Construction: Frame, Roof Tile/Slate, Slab, 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 Dimensions: 120 x 267 x 124 x 330
  • Street/Road Desc.: County Road, Paved Road
  • Zoning: Resid Single Family

Water Features

  • Water Front Type: Bay

Financial Considerations

  • Assessment Amount: $227
  • Assmt Payment Freq: Quarterly
  • Tax Amount: $12,005
  • Tax Year: 2025
  • Terms: Conventional, FHA

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
  • Assessment: Yes
  • APN: 11-2S-21-42010-00L-0150

Listed by Aquatic Resort Properties Inc

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Listing agent

— 388 E Shipwreck Road E —

  • Aquatic Resort Properties Inc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 388 E Shipwreck Road E

School District:Walton County School District
NameGradesDistance
Van R. Butler Elementary School
6694 West County Highway 30A, Santa Rosa Beach, FL 32459
K-54.3 mi
Emerald Coast Middle School
4019 US Highway 98 East, Santa Rosa Beach, FL 32459
6-812 mi
South Walton High School
645 Greenway Trail, Santa Rosa Beach, FL 32459
9-127.7 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 388 E Shipwreck Road E Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/29/2026
Listed
$2,895,000
233.72%
MLS
5/15/2019
Sold
$867,500
—
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 388 E Shipwreck Road E

Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,769
—
$1,512,322
15%
2024
$10,769
5%
$1,314,567
-1%
2023
$10,282
33%
$1,323,535
65%
2021
$7,710
-19%
$800,884
-34%
2022
$9,569
24%
$1,211,806
68%
2021
$7,710
11%
$720,239
3%
2019
$6,955
6%
$700,286
6%
2018
$6,561
7%
$657,985
7%
2017
$6,106
2%
$616,031
3%
2016
$6,014
-1%
$600,971
-2%
2015
$6,079
11%
$611,515
15%
2014
$5,464
9%
$530,037
10%
2013
$5,008
—
$482,805
—
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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*These costs are estimates, and the interest rates assume exceptional credit standing.

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Listed by Aquatic Resort Properties Inc

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388 E Shipwreck Road E, Santa Rosa Beach, FL 32459 (MLS# 993971) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 388 E Shipwreck Road E is currently listed for $2,895,000 and was received on January 29, 2026. Want to learn more about 388 E Shipwreck Road E? 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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