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$1,300,000

  • Sold
  • Closed
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 2,224 Sq. Ft.
  • Updated 5 days ago
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Bayfront Beauty with Custom Features & Breathtaking Views! Don't miss this rare opportunity to own an award-winning, custom-built bayfront home with 85 feet of stunning waterfront. This 3-bedroom, 2.5-bath gem is designed for both comfort and style, featuring a spacious open floor plan, cathedral ceilings, and panoramic bay views that set the scene for peaceful living and elegant entertaining. The gourmet kitchen boasts granite countertops, custom cabinetry, and plenty of space for gathering. Retreat to the master suite and enjoy your private slice of paradise with a tray ceiling, large walk-in closet, and a gorgeous view of the bay to wake up to every morning. This home is packed with premium upgrades, including: WaterFurnace geothermal HVAC system Storm shutters & 8-ft wind-rated garage door (perfect for oversized vehicles) Whole-house generator Built-in pest deterrent system Irrigation and security systems And for boating enthusiasts  there is a boat dock that comes equipped with a boat lift, making it easy to get out on the water at a moment's notice. This home is the ideal blend of luxury, durability, and waterfront living. Schedule your private tour today and experience bayfront living at its finest!

Full Property Details for 498 Shelter Cove Dr

General

  • Sold For: $1,300,000
  • Taxes: $8,590 (2024)
  • Status: Closed
  • Type: Single Family
  • Source: Emerald_Coast
  • MLS ID: 974724
  • Added to Site: 185 day(s) ago

Rental Information

  • Complex Features: Gated Community, Pool

Interior

  • Number of Rooms: 5
  • Interior Features: Ceiling Tray/Cofferd, Ceiling Vaulted, Washer/Dryer Hookup
  • Appliances: Auto Garage Door Opn, Central Vacuum, Dishwasher, Dryer, Refrigerator, Stove/Oven Electric, Washer

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 3

Exterior

  • Exterior Features: Sprinkler System
  • Porch/Patio/Deck: Porch Screened

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2

Location

  • Area: 16 - North Santa Rosa Beach
  • County: Walton
  • Subdivision: Pelican Bay
  • Driving Directions: Hwy 98 to Goldsby Road North. Left onto Shelter Cove Drive. Home is on right.

School Information

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

Community

  • Association: Yes
  • Assoc. Fees Include: Recreational Faclty

Heating & Cooling

  • Heating Type: Geothermal
  • Heating/Cooling: Geothermal

Utilities

  • Sewer: Septic Tank
  • Utility Description: Electric, Public Water, TV Cable

Structural Information

  • Architectural Style: Contemporary
  • Construction: Stucco
  • Exterior Const.: Stucco
  • Stories/Levels: 2
  • Square Feet: 2,224
  • Sq. Ft. Source: County PA Records
  • Year Built: 2001

Lot Features

  • Property View: Bay
  • Lot Size (Acres): 0.31
  • Lot Size (Sq. Ft.): 13,503.6
  • Lot Dimensions: 85 x 158
  • Lot Features: Dead End, Within 1/2 Mile to Water
  • Zoning: Resid Single Family

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Type: Bay

Financial Considerations

  • Assessment Amount: $625
  • Tax Amount: $8,590
  • Tax Year: 2024

Disclosures and Reports

  • Legal Description: LOT 7 PELICAN BAY PHASE 1 S/D OR 1414-212 OR 1900-390 OR 2254-234 OR 2289-1632 OR 2770-1240
  • APN: 24-2S-21-42800-000-0070
  • Property ID: 24-2S-21-42800-000-0070

Listed by Realty ONE Group Emerald Coast
Sold by Scenic Sotheby's International Realty

Listing agent

— 498 Shelter Cove Dr —

  • Realty ONE Group Emerald Coast

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 498 Shelter Cove Dr

School District:Walton County School District
NameGradesDistance
Van R. Butler Elementary School
6694 West County Highway 30A, Santa Rosa Beach, FL 32459
K-53.5 mi
Emerald Coast Middle School
4019 US Highway 98 East, Santa Rosa Beach, FL 32459
6-811.4 mi
South Walton High School
645 Greenway Trail, Santa Rosa Beach, FL 32459
9-127.1 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 498 Shelter Cove Dr

Date
Details
Price
Change
Source
4/30/2026
Sold
$1,300,000
-8.45%
MLS
2/06/2026
Price Reduced
$1,420,000
-5.33%
MLS
9/10/2025
Price Reduced
$1,500,000
-6.19%
MLS
7/01/2025
Price Reduced
$1,599,000
-8.63%
MLS
4/24/2025
Listed
$1,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Realty ONE Group Emerald Coast
Sold by Scenic Sotheby's International Realty

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498 Shelter Cove Drive, Santa Rosa Beach, FL 32459 (MLS# 974724) is a Single Family property that was sold at $1,300,000 on April 30, 2026. Want to learn more about 498 Shelter Cove 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.