114 Bourne Lane
About This Property
The professionally curated courtyard is a true extension of the living space, featuring a fully appointed summer kitchen, outdoor shower, and additional storage. This secluded outdoor sanctuary provides an ideal setting for al fresco dining and relaxed coastal evenings.
Located just one block from the community's Sky Pool, Fitness Center, and Racquet Club, this residence offers effortless access to the exceptional amenities that define the Rosemary Beach lifestyle.
PLEASE NOTE some photos are virtual renderings showing re-imagined interiors. These renderings are noted as such. Full furniture & renovation package available upon request.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 17, 2026 | Price Decreased |
$3,350,000
↓ $249K
(6.9%) | |
| Price Decreased | |||
| Jul 30, 2026 | Price Decreased |
$3,599,000
↓ $191K
(5%) | |
| Price Decreased | |||
| Feb 27, 2026 | Listed by Rosemary Beach Realty LLC | $3,790,000 | |
| Listed by Rosemary Beach Realty LLC | |||
| Jul 17, 2025 | Listed | $3,638,000 | |
| Listed | |||
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Ideally located just steps from Barrett Square and East Long Green Park, this beautifully updated three-story home on the north side of Rosemary Beach offers timeless coastal charm with modern designer touches. Featuring four bedrooms and four full bathrooms, the home has been meticulously maintained and has never been rented, making it a rare opportunity in exceptional condition. Thoughtful updates include custom lighting, designer furniture, accent walls with luxury wallpaper and fresh paint inside and out. On the first floor, you'll find a guest bedroom and full bath, along with a light-filled living and dining area. French doors off the living room open to a private courtyard featuring a tranquil water feature, extending the living space and creating a peaceful indoor-outdoor flow.
The second floor features the primary suite with a private balcony, a guest suite with en suite bath, and a peaceful sitting areaa perfect sanctuary for reading, relaxing, or meaningful conversation. This sitting area also opens to a covered balcony, offering yet another quiet spot to enjoy the Rosemary Beach lifestyle.
The third floor includes a third living area that leads into the fourth bedroom and full bath. This versatile space is currently arranged with three full beds, making it ideal as a bunk room, playroom, or private guest suite.
The courtyard terrace behind the home, thoughtfully added by the current owners, enhances both the functionality and charm of this outdoor living & parking area. Here you'll find the outdoor kitchen that's fully equipped with a grill, sink, and refrigerator, perfect for entertaining. Nearby, a dedicated outdoor storage closet provides convenient space for beach gear and essentials.
With its prime location, thoughtful updates, and pristine condition, 114 Bourne Lane is a rare opportunity to own a turn-key home in the heart of Rosemary Beach
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| Jan 31, 2011 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017