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$900,000
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Property Description
Currently Under Contract - Seller is Accepting Back Up Offers. Discover an extraordinary WATERFRONT opportunity to build your dream home along the pristine waters of the Choctawhatchee Bay. Offering 77 feet of direct Bay frontage and spanning .33 acres, this homesite captures the essence of coastal living. 81 Bay Magnolia Lane in Santa Rosa Beach, Florida is where sunrises shimmer across the water and evenings bring tranquil breezes and pure views off the Bay.It's a dream to live with your boat in your backyard and on this waterfront property, you can! Put the boat down in the morning and head to Crab Island for the day where you'll enjoy all that the coastal life offers on the Bay. Perfectly positioned just 10 minutes from the sugar-white sands and turquoise waters of Highway 30A, this location offers the best of both worlds with easy, quick access to charming coastal towns like Rosemary Beach, Alys Beach, WaterSound and Grayton Beach. This peaceful, bayfront homesite offers easy access to world-class beaches, dining, and entertainment in a highly desirable location with NO HOA. Enjoy a short stroll to local favorites like The Bay Restaurant and North Beach Social, where sunsets, family-friendly dining and live music set the tone for laid-back coastal living. This property is in Zone X and surrounded by beautifully designed neighboring homes with mature trees and stunning Bay views. This presents an exceptional canvas for your custom waterfront retreat where you can remove the existing block home and garage carriage house and built your home or renovate the existing home and enjoy the Florida cottage style that rarely exists. With sweeping views, walkability, and proximity to the heart of South Walton, this is more than a homesite. It's truly a lifestyle. Buyer to verify all measurements. Existing structures on property will be sold AS-IS.
Full Property Details
Full Property Details for 81 Bay Magnolia Ln
General
- Sold For: $900,000
- Taxes: $572 (2024)
- Status: Closed
- Type: Vacant Land
- Source: Emerald_Coast
- MLS ID: 987284
- Added to Site: 100 day(s) ago
Location
- Area: 19 - Point Washington
- County: Walton
- Subdivision: No Recorded Subdivision
- Driving Directions: Heading West on Highway 98, turn right onto Highway 331. Turn right onto Bay Magnolia Lane just before The Bay Restaurant. Property will be on your left.
School Information
- Elementary School: Dune Lakes
- Middle School: Emerald Coast
- High School: South Walton
Utilities
- Utility Description: Electric, Public Sewer, Public Water
Lot Features
- Property View: Bay
- Lot Size (Acres): 0.33
- Lot Dimensions: 73' x 187' x 77' x 188'
- Lot Features: Survey Available, Within 1/2 Mile to Water
- Zoning: Resid Single Family
Water Features
- Water Front Type: Bay
Financial Considerations
- Price Per Acre: $2,906,060
- Tax Amount: $572
- Tax Year: 2024
- Terms: Conventional
Disclosures and Reports
- Legal Description: LOT 5 BLK 1 MAGNOLIA S/D PB 2- 52 OR 416-448 OR 2738-3971 OR 2801-4799
- APN: 29-2S-19-24070-001-0050
Listed by Corcoran Reverie SRB
Sold by Berkshire Hathaway HomeServices PenFed Realty
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Schools
Schools serving 81 Bay Magnolia Ln
School District:Walton County School District
| Name | Grades | Distance |
|---|---|---|
Bay Elementary School 6565 US Highway 98 East, Santa Rosa Beach, FL 32459 | K-5 | 6.5 mi |
Emerald Coast Middle School 4019 US Highway 98 East, Santa Rosa Beach, FL 32459 | 6-8 | 4.1 mi |
South Walton High School 645 Greenway Trail, Santa Rosa Beach, FL 32459 | 9-12 | 0.7 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 81 Bay Magnolia Ln
Date
Details
Price
Change
Source
12/02/2025
Sold
$900,000
-6.15%
MLS
10/10/2025
Listed
$959,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
81 Bay Magnolia Lane, Santa Rosa Beach, FL 32459 (MLS# 987284) is a Vacant Land property that was sold at $900,000 on December 02, 2025. Want to learn more about 81 Bay Magnolia Lane? Do you have questions about finding other Vacant Land 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.

