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$1,070,000 Sale Pending

  • For Sale
  • Pending
  • Residential Lots
  • 2.29 Acres
  • Updated 9 hours ago

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(Accepting backup Offers) 1 of 4 lots available. Don't miss this rare chance to own a bayou front homesite in the serene Santa Rosa Beach, nestled within the Rosestar Subdivision off Bay Magnolia Lane. This stunning waterfront property spans 2.29 acres and allows for private boat slips, perfect for boating, kayaking, fishing, and fully embracing the coastal lifestyle right from your backyard. Situated on a private road with no HOA, you will enjoy the freedom to design and build with fewer restrictions. Up to 40% of the wetlands may be built upon, offering flexibility for future development while preserving the natural beauty of the surroundings. The Development Order is currently in progress and anticipated for completion in early June 2026, making this an ideal time to secure your piece o waterfront paradise. Over 36,000 square feet of buildable land.

Full Property Details for Lot 3 Bay Magnolia Ln

General

  • Price: $1,070,000
  • Taxes: $2,783 (2025)
  • Status: Pending
  • Type: Residential Lots
  • Source: Emerald_Coast
  • MLS ID: 998376
  • Updated: 4/15/2026
  • Added to Site: 27 day(s) ago

Location

  • Area: 19 - Point Washington
  • County: Walton
  • Subdivision: BAY MAGNOLIA
  • Driving Directions: From Highway 98 and 331 intersection; go North on 331. Take the last right before the bridge (turn in front of The Bay Restaurant) onto Bay Magnolia. Take Bay Magnolia Ln until you meet cedar st. There will be a private rd on your left. Lots will be down to your left.

School Information

  • Elementary School: Dune Lakes
  • Middle School: Emerald Coast
  • High School: South Walton

Utilities

  • Utility Description: Lift Station, Public Water, Sewer Available, Tap Fee Due

Lot Features

  • Property View: Bayou
  • Lot Size (Acres): 2.29
  • Lot Size (Sq. Ft.): 99,752.4
  • Lot Dimensions: App 524 x 194.5 x 816
  • Frontage: Private Road
  • Street/Road Desc.: Gravel/Oyster Shell
  • Lot Features: Flood Insurance Req, Irregular, Survey Available, Wetlands, Within 1/2 Mile to Water, Wooded
  • Zoning: Resid Single Family

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Type: Bayou

Financial Considerations

  • Price Per Acre: $467,248.91
  • Tax Amount: $2,783.09
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: COM SW/COR OF SE1/4 OF NW1/4 SEC 29-2S-19W, N 02 DEG 10'09''E 1371.96 FT, S 74 DEG 06'41''E 294.08 FT, N 34 DEG 39'02''E 157.87 FT FOR POB, N 34 DEG 39' 02''E 150.65 FT TO W/LY ROW CEDAR STREET, S 54 DEG 08'49''E ALG ROW 346.16 FT TO SE/COR LT 1 BLK 4 MAGNOLIA S/D PB 2-52, N 09 DEG 16'17''E 34.84 FT TO SW BDRY LOT 12 BLK A STARKES UNREC, S 40 DEG 17'49''E 150.80 FT, DPRT SW BDRY N 49 DEG 42' 11''E 100.00
  • APN: 29-2S-19-24000-004-0050
  • Property ID: 29-2S-19-24000-004-0050

Listed by The Property Group 850 Inc

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Listing agent

— Lot 3 Bay Magnolia Ln —

  • The Property Group 850 Inc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for Lot 3 Bay Magnolia Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/19/2026
Listed
$1,070,000
-73.25%
MLS
6/26/2025
Sold
$4,000,000
—
Public Record
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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 Lot 3 Bay Magnolia Ln

Year
Property Taxes
Change
Tax Assessment
Change
2024
$959
—
$327,750
181%
2024
$959
5%
$116,681
—
2023
$912
19%
$116,681
34%
2021
$766
-6%
$87,254
-12%
2022
$818
7%
$99,329
54%
2021
$766
27%
$64,665
9%
2019
$603
6%
$59,184
10%
2018
$568
7%
$53,804
-8%
2017
$533
5%
$58,353
4%
2016
$506
6%
$56,223
7%
2015
$477
11%
$52,742
15%
2014
$430
24%
$46,020
38%
2013
$347
—
$33,408
—
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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NMLS#: 1598647

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Listed by The Property Group 850 Inc

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Lot 3 Bay Magnolia Lane, Santa Rosa Beach, FL 32459 (MLS# 998376) is a Residential Lots property with a lot size of 2.29 acres. Lot 3 Bay Magnolia Lane is currently listed for $1,070,000 and was received on March 19, 2026. Want to learn more about Lot 3 Bay Magnolia Lane? Do you have questions about finding other Residential Lots 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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