176 Magnolia St, SANTA ROSA BEACH

$5,400,000

5 Beds
6 Baths
4,835 Sqft
.16 Acres
2 Garages

Welcome to Magnolia Manor, a like-new heirloom residence that capitalizes on all Grayton Beach has to offer. The home is situated atop one of the highest lots in Grayton, allowing unobstructed views of the Gulf of Mexico and the towering dunes of Grayton Beach State Park. The funky shops and restaurants are less than five minutes away on foot, and homeowners will find themselves taking the short stroll to the beach to really take in the summer sunsets.No detail was overlooked during the planning and construction of this home by Logan & Logan Construction of Santa Rosa Beach and Louisville, Kentucky. A true smart home, Magnolia Manor offers advanced security features, smart thermostat, four Navien tankless water heaters, a heated pool and spa-like outdoor areas.Custom flooring, millwork, appliances, and decor throughout the home underscore the luxury standard. Magnolia Manor has never been rented, but projections from outside companies range from $305,000 - $333,000 gross per year.

The ground floor is perfectly designed for indoor-outdoor living. Brick tile floors mean no worries about sandy scuff marks, and an indoor seating area, flanked by a large kitchenette, can be opened up to truly bring the outside in. A bedroom suite finishes out the ground floor, where you can also take the custom elevator to the second and third floors above.

The second floor is devoted primarily to living space. All three bedrooms, including the master, feature custom wood flooring, also found on the third floor. The primary bedroom is large and bright, with high ceilings and ample windows opening onto the private porch with sleeping swing. The primary bath is salon-like perfection, with white marble everywhere you look, and a separate soaking tub, making it the ideal place to relax after a long day at the beach. Elsewhere on the second floor are two large bedrooms, each with en-suite baths and access to the large second-floor balcony overlooking the pool toward the state park.

The main living area of the home is on the third floor, where you'll find towering ceiling design, countless windows, and a gourmet kitchen featuring Thermador and Wolf appliances. There's a fifth bedroom on this floor as well, plus a small party pantry leading out to yet another huge balcony overlooking the state park. If you haven't gotten quite enough of the views yet, climb the spiral staircase to the fourth floor sundeck and take in 360* of Grayton Beach's nice dogs and strange people.

Essential Information
MLS® #939464
Price$5,400,000
Bedrooms5
Bathrooms6.00
Full Baths5
Half Baths1
Square Footage4,835
Acres0.16
Year Built2022
TypeResidential
Sub-TypeDetached Single Family
StyleBeach House
StatusActive
Community Information
Address176 Magnolia St
Area30A West
SubdivisionGRAYTON BEACH
CitySANTA ROSA BEACH
CountyWALTON
StateFL
Zip Code32459
Amenities
Parking Spaces2
ParkingGarage: Attached, Other
# of Garages2
Has PoolYes
Utilities

Electric Available, Gas - Natural, Public Water Available, TV Cable Available, Community Sewer, Phone Available

Pool

Private, Pool - Gunite Concrt, Pool - Heated, Pool - In-Ground, Community

Interior
HeatingHeat: Central Electric
FireplaceYes
FireplacesFireplace, Fireplace Gas
# of Stories4
Interior Features

Breakfast Bar, Ceiling Vaulted, Fireplace, Fireplace Gas, Floor Hardwood, Furnished - None, Kitchen Island, Owner's Closet, Pantry, Plantation Shutters, Washer/Dryer Hookup, Wet Bar, Elevator

Appliances

Auto Garage Door Opn, Cooktop, Dishwasher, Dryer, Ice Machine, Microwave, Oven Double, Range Hood, Refrigerator, Refrigerator W/Ice Maker, Security System, Smoke Detector, Stove/Oven Gas, Washer, Wine Refrigerator

Cooling

A/C: Central Electric, A/C: Two Or More

Exterior
WindowsTinted Windows
RoofRoof Metal
Exterior

Roof Metal, Siding CmntFbrHrdBrd

Exterior Features

BBQ Pit/Grill, Balcony, Cabana, Deck Covered, Deck Enclosed, Deck Open, Fenced Back Yard, Fenced Lot-All, Fenced Privacy, Hot Tub, Patio Covered, Pool - Gunite Concrt, Pool - Heated, Pool - In-Ground, Porch Covered, Porch Open, Porch Screened, Shower, Fireplace, Summer Kitchen

Lot Description

Level, Within 1/2 Mile Of Water

School Information
ElementaryDune Lakes
MiddleSeaside
HighSOUTH WALTON
Additional Information
Days on Website113
ZoningResidential Single Family
HOA Fees0.00
Listing Details
OfficeCorcoran Reverie SRB
Property History
Price Reduced from $5,500,000 to $5,400,000
Price Reduced from $5,750,000 to $5,500,000
Price Reduced from $5,800,000 to $5,750,000
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Listing information last updated on April 27th, 2024 at 11:00am CDT.