See Home Value
Walton 32413
159 W Water Street
$3,750,000
● House - Off Market

159 W Water Street

Rosemary Beach, FL 32461
bedrooms
4 Beds
bathrooms
4 Baths
$21,720
Est. Monthly
$1,510
HOA / Fees
-0.38%
Cap Rate

About This Property

On one of Rosemary Beach's largest corner lots just north of 30A, this elegantly renovated residence offers a serene retreat amid the timeless architecture of the Gulf Coast's most cherished community. Framed by mature oaks and a privacy wall of stuccoed concrete, the property feels worlds away-yet it remains only a short walk to the beach and the vibrant Town Center.

With four bedrooms and four full baths spread over three levels, the home is designed to host with ease, accommodating up to twelve guests. The first floor flows seamlessly through living, dining, and kitchen areas, anchored by a guest suite. Upstairs, two additional bedrooms open onto balconies for morning breezes and afternoon sun. The third floor features a charming, oversized bunk room, perfect for children or guests A newly added pool and several outdoor seating areas transform the courtyard into a restful haven, perfect for long afternoons and al fresco evenings. Renovated by Regal Stephens and featured in The Rosemary Thymes, the home reflects a refined attention to detail throughout. Owners enjoy access to five community pools and a private beach, making this a rare opportunity for a lucrative rental or a private coastal sanctuary.
Unit Size
-
Days on Market
25 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$1,796
HOA Dues
$1,510
Year Built
2002

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Last updated: 2 years ago (ECAR #975430)

Price History

Date / Event Date Event Price
May 27, 2025 Sold
Sold
May 8, 2025 In contract -
In contract
May 2, 2025 Listed by Scenic Sotheby's International Realty $3,750,000
Listed by Scenic Sotheby's International Realty
May 1, 2016 Sold
Sold
Sep 30, 2015 Listed by Scenic Sotheby's International Realty $1,800,000
Listed by Scenic Sotheby's International Realty
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Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 17
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 14
  • Roof Shape Type: 9
  • Roof Cover Type: 14
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,398
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 430
  • Total Building Area: 2,682
  • Gross Building Area: 2,682
  • Building Area: 2,682
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,682
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROSEMARY BEACH PH 9
  • Land Acres: 0000000078
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 7 BLK 43 ROSEMARY BEACH PH 9 PB 14-7 OR 2131-96 OR 2563-323 OR 2841-496 OR 2888-4623 OR 3012-1951

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950611

Geography

  • Assessors Map Reference: S3-35-18
  • Subdivision Phase Number: 9
  • Parcel: 35-3S-18-16067-043-0070
  • Block: 43
  • Lot: 7
  • Meridian: SEC 35 TWN 03S RNG 018
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.2814
  • Longitude: -86.0173

    Address

  • Full Address: 159 W Water St
  • Address - House Number: 159
  • Street Direction: W
  • Address - Street Name: Water
  • Address - Suffix Type: St
  • State: FL
  • City Name: Inlet Beach
  • Carrier Code: R998
  • 4-Digit Zip Code: 5043
  • Zip Code: 32461

Valuation

    Tax

  • Total Area: 2,687
  • Tax Year: 2022
  • Tax Amount: $1,833,341
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2266
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 3,726,774
  • High Value: 4,571,422
  • Low Value: 2,882,126

    Market Valuation

  • Market Total Value: $2,257,899
  • Market Land Value: $625,433
  • Market Improvement Value: $1,632,466

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,257,899
  • Assessed Land Value: $625,433
  • Assessed Improvements Value: $1,632,466

    Sales

  • Current Sale Contract Date: May 01, 2016
  • Current Sale Recording Date: May 01, 2016
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 26, 2012
  • Previous Sale Contract Date: Apr 25, 2012
  • Previous Sale Amount: $1,300,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Walton


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Frequently Asked Questions

When was property at 159 West Water Street built and last sold?
The property at 159 West Water Street was built in 2002 and last sold on May 1, 2016 for $1,640,000.
How much is this home worth?
The estimated value of the home located at 159 West Water Street is $3,787,500.
What are some comparable homes to 159 West Water Street?
There are currently no comparable homes to 159 West Water Street.