108 Walton Magnolia Lane, Inlet Beach, FL 32461 (MLS# 861158)

108 Walton Magnolia Lane, Inlet Beach, FL 32461

$5,350,000

Property Type: Residential Bedrooms: 6 Baths: 5 Square Footage: 3,034 Lot Size (sq. ft.): 11,326 Status: Sold

Current Price: $5,350,000 List Date: 12/18/2020 Last Modified: 10/22/2024

Overview

Description

Spectacular Gulf-Front Compound. Fully-Renovated home boasting Strong Rental Income of $300,000 for 2020 and $292,000 on the books for 2021. As you enter through the front door there's a beautiful shiplap accented foyer and to your right you'll notice a wide open game room with a ping pong table, arcade games, and two adjoining bedrooms, one of which is a bunk-room, making this the perfect hangout space for the kids. Moving along to the 2nd level offers breathtaking views of the gulf that begin to shine bright as you ascend to the top of the staircase. This 2nd level holds light-filled living spaces with beautiful coastal decor, a wide open kitchen with stainless steel appliances, a dining room with stunning gulf vistas, and a large guest bedroom with ensuite bath.

Supplements: Also on this level is a wonderful and spacious balcony overlooking a private gulf-front pool and offering abundant space for entertaining and gathering. Continuing on to the 3rd level you'll find 3 additional bedrooms, including 2 master suites and another bunk room. And of course there's a gulf-facing balcony on this level where the views are ... (Read more)

Listing Details MLS# 861158

Status Change Info

Under Contract Date: 2021-03-13
Sold Date: 2021-05-06
Sold Price/SqFt: 1763.35

Contract Info

List Price/SqFt: 1811.14
Listing Board: Emerald Coast

Location Tax and Legal

Area: 18 - 30A East
Street #: 108
Street Name: Walton Magnolia
Street Suffix: Lane
State: FL
Zip Code: 32461
County: Walton
Project Name/Subdivision: NO RECORDED SUBDIVISION
Parcel ID: 36-3S-18-16100-000-2502

General Property Info

Sub-Type: Detached Single Family
Design: Beach House
Apx SqFt(Htd/Cooled): 3034
SqFt Source: Agent-Measured
Full Baths: 5
Total Bathrooms: 5
# Stories: 3
Year Built: 1997
Immediate Occupancy: Yes
Garage: No
Carport: No
Acreage: 0.26
Pool: Yes
Pool Type: Private

Waterfront

Waterfront Feet: 54
Gulf: Yes

Location, Tax and Legal

Sub Area: 1806 - S of of 30A/East
Elementary School: Bay
Middle School: Emerald Coast
High School: South Walton
Legal Description: THE W 54.12FT OF E 108.24FT OF LOT 250 S/D OF SEC 36-3S-18W OR 1515-225 OR 2480-869 OR 2597-1837 OR 2736-2129 OR 2840-981 OR 3087-1023

More Information

Listing Info, Tax & Legal

Is Subject Leased: No
Assessment Fees: No
New Buyer Fee: No
Last Taxes: 20488.96
Last Tax Year: 2019
Brokerage Interest: Equitable Interest - Listing Broker/Salesperson has equitable interest in the property.
As Is: No

Remarks & Misc

Remarks: Spectacular Gulf-Front Compound. Fully-Renovated home boasting Strong Rental Income of $300,000 for 2020 and $292,000 on the books for 2021. As you enter through the front door there's a beautiful shiplap accented foyer and to your right you'll notice a wide open game room with a ping pong table, arcade games, and two adjoining bedrooms, one of which is a bunk-room, making this the perfect hangout space for the kids. Moving along to the 2nd level offers breathtaking views of the gulf that begin to shine bright as you ascend to the top of the staircase. This 2nd level holds light-filled living spaces with beautiful coastal decor, a wide open kitchen with stainless steel appliances, a dining room with stunning gulf vistas, and a large guest bedroom with ensuite bath.

Construction Status

Construction Complete: Yes

Waterview

Gulf: Yes

Lot/Parcel Access

County Road: Yes
Paved Road: Yes

Lot Features

Dead End: Yes
Within 1/2 Mile to Water: Yes

Construction/Siding

Roof Metal: Yes
Stucco: Yes

Utilities

Electric: Yes
Public Water: Yes
TV Cable: Yes

Zoning

Resid Single Family: Yes

Exterior

Balcony: Yes
Fenced Back Yard: Yes
Patio Covered: Yes
Pool - In-Ground: Yes

Interior

Breakfast Bar: Yes
Furnished - All: Yes
Owner's Closet: Yes
Window Treatment All: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Microwave: Yes
Refrigerator W/IceMk: Yes
Stove/Oven Electric: Yes
Washer: Yes

Energy

AC - Central Elect: Yes
Ceiling Fans: Yes
Heat Cntrl Electric: Yes
Water Heater - Elect: Yes

Mstr Bdrm/Mstr Bath

MBath Separate Shwr: Yes
MBath Tile: Yes
MBed Waterfront: Yes

Master Bedroom

Third: Yes

Bedroom

Second: Yes
Third: Yes

Kitchen

Second: Yes

Living Room

Second: Yes

Rooms

Bedroom: Yes
Dining Area: Yes
Garage: Yes
Kitchen: Yes
Living Room: Yes
Loft: Yes
Master Bedroom: Yes
Storage: Yes

Property Features

Construction Status: Construction Complete Lot Features: Dead End; Within 1/2 Mile to Water Zoning: Resid Single Family Waterfront: Gulf Waterview: Gulf Exterior: Balcony; Fenced Back Yard; Patio Covered; Pool - In-Ground Interior: Breakfast Bar; Furnished - All; Owner's Closet; Window Treatment All Appliances: Dishwasher; Disposal; Dryer; Microwave; Refrigerator W/IceMk; Stove/Oven Electric; Washer Utilities: Electric; Public Water; TV Cable Energy: AC - Central Elect; Ceiling Fans; Heat Cntrl Electric; Water Heater - Elect Master Bedroom: Third Bedroom: Second; Third Kitchen: Second Living Room: Second Rooms: Bedroom; Dining Area; Garage; Kitchen; Living Room; Loft; Master Bedroom; Storage

Room Information

Room Name	Level	Dimensions	Length	Width
Living Room	Second	30 x 13.5	30.00	13.50
Master Bedroom	Third	18 x 14	18.00	14.00
Bedroom	Second	12 x 11	12.00	11.00
Bedroom	Third	12.5 x 11	12.50	11.00
Bedroom	Third	15.9 x 10.9	15.90	10.90
Storage	First	18.4 x 10.3	18.40	10.30
Dining Area	Second	13 x 11	13.00	11.00
Kitchen	Second	12 x 10.9	12.00	10.90
Loft	Fourth	12.8 x 9.4	12.80	9.40
Garage	First	19 x 16.3	19.00	16.30

Listing Office: 30A Homes Sales

Last Updated: October - 22 - 2024

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.