388 E Shipwreck Road, Santa Rosa Beach, FL 32459

$2,700,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,910 Lot Size (sq. ft.): 33,541 Status: Sold
Current Price: $2,700,000 List Date: 1/29/2026 Last Modified: 3/27/2026

Overview

Description

Luxury Bayfront Home with 120 ft on the water. High and dry custom build by Arthur Rutenberg and completely updated in 2021. Over a million in renovations including all new windows, all new flooring, kitchen, baths, etc. Nothing was overlooked. One story home with open floor plan, two spacious living areas, dining room plus a bonus room that could be used as a 4th bedroom or office. Beautiful outdoor living space with screened lanai, heated pool and spa controlled by indoor computer system. Large driveway with an oversized 3 car garage with storage space and an additional washer/dryer. Private all new dock with 2 boat lifts, the larger rated for 28,000 lbs. and 2 jet ski lifts. One HVAC system was replaced in 2018, the other is new. This is waterfront living at its finest!

Listing Details MLS# 993971

Status Change Info

Under Contract Date
2026-02-28
Sold Date
2026-03-26
Sold Price/SqFt
927.84

Contract Info

List Price/SqFt
994.85
Listing Board
Emerald Coast

Location Tax and Legal

Area
16 - North Santa Rosa Beach
Street #
388
Street Direction
E
Street Name
Shipwreck
Street Suffix
Road
State
FL
Zip Code
32459
County
Walton
Project Name/Subdivision
DRIFTWOOD ESTATES
Parcel ID
11-2S-21-42010-00L-0150

General Property Info

Sub-Type
Detached Single Family
Design
Mediterranean
Apx SqFt(Htd/Cooled)
2910
SqFt Source
Agent-Measured
Full Baths
2
Half Baths
Yes
Total Bathrooms
3
# Stories
Yes
Year Built
1999
Immediate Occupancy
Yes
Garage
Yes
Carport
No
Garage Spaces
3
Acreage
0.77
Pool
Yes
Pool Type
Private

Waterfront

Waterfront Feet
120
Bay
Yes

Location, Tax and Legal

Sub Area
1601 - SRB NW of Hwy 98 to Church Hill Bayou
Elementary School
Van R Butler
Middle School
Emerald Coast
High School
South Walton
Legal Description
LOT 15 BLK L DRIFTWOOD ESTATES PB 5-28 OR 1884-14 OR 2856-3470 OR 2938-4662 OR 3105-2863 OR 3117-3833

More Information

Listing Info, Tax & Legal

Who Paid Doc Stamps
Seller
Who Paid Title
Buyer
Homestead
No
Is Subject Leased
No
Assessment Fees
Yes
Assessment Amount
227
Annual Assessment Amount
908
Assessment Paid
Quarterly
New Buyer Fee
No
New Buyer Fee Paid
%
Last Taxes
12005.53
Last Tax Year
2025
Brokerage Interest
No Interest
As Is
No

Remarks & Misc

Remarks
Luxury Bayfront Home with 120 ft on the water. High and dry custom build by Arthur Rutenberg and completely updated in 2021. Over a million in renovations including all new windows, all new flooring, kitchen, baths, etc. Nothing was overlooked. One story home with open floor plan, two spacious living areas, dining room plus a bonus room that could be used as a 4th bedroom or office. Beautiful outdoor living space with screened lanai, heated pool and spa controlled by indoor computer system. Large driveway with an oversized 3 car garage with storage space and an additional washer/dryer. Private all new dock with 2 boat lifts, the larger rated for 28,000 lbs. and 2 jet ski lifts. One HVAC system was replaced in 2018, the other is new. This is waterfront living at its finest!

Construction Status

Construction Complete
Yes

Parking Features

Garage Attached
Yes

Waterview

Bay
Yes

Lot/Parcel Access

County Road
Yes
Paved Road
Yes

Construction/Siding

Frame
Yes
Roof Tile/Slate
Yes
Slab
Yes
Stucco
Yes

Utilities

Electric
Yes
Gas - Natural
Yes
Private Well
Yes
Public Sewer
Yes
Public Water
Yes
TV Cable
Yes
Underground
Yes

Zoning

Resid Single Family
Yes

Exterior

Boat Slip
Yes
Boatlift
Yes
Dock
Yes
Fenced Back Yard
Yes
Hot Tub
Yes
Hurricane Shutters
Yes
Lawn Pump
Yes
Patio Enclosed
Yes
Pool - Enclosed
Yes
Pool - Heated
Yes
Pool - In-Ground
Yes
Sprinkler System
Yes

Interior

Breakfast Bar
Yes
Ceiling Crwn Molding
Yes
Fireplace Gas
Yes
Floor Hardwood
Yes
Floor Tile
Yes
Lighting Recessed
Yes
Plantation Shutters
Yes
Split Bedroom
Yes

Financing

Conventional
Yes
FHA
Yes

Appliances

Auto Garage Door Opn
Yes
Cooktop
Yes
Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Microwave
Yes
Range Hood
Yes
Refrigerator W/IceMk
Yes
Smoke Detector
Yes
Stove/Oven Electric
Yes
Washer
Yes

Energy

AC - Central Elect
Yes
Ceiling Fans
Yes
Double Pane Windows
Yes
Heat Cntrl Electric
Yes
Insulated Doors
Yes
Water Heater - Gas
Yes

Mstr Bdrm/Mstr Bath

MBath Double Vanity
Yes
MBath Garden Tub
Yes
MBath Separate Shwr
Yes
MBath Tile
Yes
MBath Walk-In Closet
Yes
MBed Walk-in Closet
Yes
MBed Waterfront
Yes

Master Bedroom

First
Yes

Bedroom

First
Yes

Kitchen

First
Yes

Living Room

First
Yes

Full Bathroom

First
Yes

Half Bathroom

First
Yes

Rooms

Bedroom
Yes
Dining Room
Yes
Family Room
Yes
Full Bathroom
Yes
Half Bathroom
Yes
Kitchen
Yes
Living Room
Yes
Master Bathroom
Yes
Master Bedroom
Yes
Office
Yes

Property Features

Construction Status: Construction Complete Zoning: Resid Single Family Waterfront: Bay Waterview: Bay Parking Features: Garage Attached Exterior: Boat Slip; Boatlift; Dock; Fenced Back Yard; Hot Tub; Hurricane Shutters; Lawn Pump; Patio Enclosed; Pool - Enclosed; Pool - Heated; Pool - In-Ground; Sprinkler System Interior: Breakfast Bar; Ceiling Crwn Molding; Fireplace Gas; Floor Hardwood; Floor Tile; Lighting Recessed; Plantation Shutters; Split Bedroom Appliances: Auto Garage Door Opn; Cooktop; Dishwasher; Disposal; Dryer; Microwave; Range Hood; Refrigerator W/IceMk; Smoke Detector; Stove/Oven Electric; Washer Utilities: Electric; Gas - Natural; Private Well; Public Sewer; Public Water; TV Cable; Underground Energy: AC - Central Elect; Ceiling Fans; Double Pane Windows; Heat Cntrl Electric; Insulated Doors; Water Heater - Gas Master Bedroom: First Bedroom: First Kitchen: First Living Room: First Full Bathroom: First Half Bathroom: First Rooms: Bedroom; Dining Room; Family Room; Full Bathroom; Half Bathroom; Kitchen; Living Room; Master Bathroom; Master Bedroom; Office Financing: Conventional; FHA

Room Information

Room Name Level Dimensions Length Width
Master Bedroom First 16.6 x 14.11 16.60 14.11
Master Bathroom First 13.8 x 11.4 13.80 11.40
Office First 12.4 x 11.8 12.40 11.80
Living Room First 17 x 17.6 17.00 17.60
Dining Room First 15.8 x 9 15.80 9.00
Kitchen First 14 x 14 14.00 14.00
Family Room First 18 x 16.4 18.00 16.40
Bedroom First 15 x 13 15.00 13.00
Bedroom First 14 x 13 14.00 13.00
Full Bathroom First 13 x 6 13.00 6.00
Half Bathroom First 5.8 x 5.4 5.80 5.40
Listing Office: Aquatic Resort Properties Inc
Last Updated: March - 27 - 2026
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.