See Home Value
Walton 32459
18 Initial Lane
$650,000
● House - Off Market

18 Initial Lane

Santa Rosa Beach, FL 32459
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,340 Ft²
$3,364
Est. Monthly

About This Property

Discover the perfect blend of comfort, style, and income potential in this beautifully updated 3 bedroom, 3 bathroom home plus a bonus bunk room with four built-in beds, located in the desirable Sacred Oaks community off E. Mack Bayou Drive. Surrounded by upscale gated neighborhoods, this location offers peace and privacy while keeping you close to everything. This property is a proven six-figure turnkey rental or an ideal retreat away from the hustle of the beach.

Inside, the split floor plan creates an easy, welcoming flow with luxury LVP and tile throughout. The private primary suite opens directly to the pool for a true resort feel. The kitchen and bathrooms have been tastefully updated, and the home is fully furnished with stainless steel appliances already in place. The seller has elected to add a separate, dedicated laundry room in the main house, while the existing laundry located in the primary suite closet will remain, offering added convenience and flexibility.

A new metal roof in 2025, updated electrical and plumbing, and both electric and gas availability indoors and outdoors provide confidence and convenience.

Step into the backyard and enjoy a resort-style setting, where the pool features water elements, lighting, and an attached spa for relaxing any time of day. A screened outdoor living area with a fireplace creates the perfect space for gathering or unwinding. The outdoor shower, drive-through garage, and ample parking make this home easy to enjoy and easy to host.

Located just minutes from 30A beaches, restaurants, and shops, this solid brick home delivers both lifestyle and long-term value. If you are searching for a strong income producer or a quiet place to call home, you have found it.

Primary laundry is located in the master bath closet. Seller will add a second laundry in the bunk/closet area shown with acceptable offer. Renderings are illustrative only; contractor is lined up.
Unit Size
2,340 Ft²
Days on Market
228 days
Land Size
-
Price per sqft
$293
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1981

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Last updated: 4 months ago (ECAR #991124)

Price History

Date / Event Date Event Price
Jul 27, 2026 Sold
Sold
May 25, 2026 In contract -
In contract
Feb 3, 2026 Price Decreased $685,000
↓ $14K (2%)
Price Decreased
Dec 11, 2025 Listed by Corcoran Reverie SRB $699,000
Listed by Corcoran Reverie SRB
Jan 18, 2022 Sold
Sold
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 375
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 14,810
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,715
  • Gross Building Area: 2,715
  • Building Area: 2,340
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,340
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SANTA ROSA
  • Land Acres: 0000000340
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: N 165.30FT OF E 123FT OF LOT 23, BEING LOT 10 UNREC PLAT OF E 1/2 OF LOT 23 S/D OF SANTA ROSA PLANTATION SEC 24-2S-21W OR 430-93 OR 971-3 OR 1034-230 OR 1579-262 OR 1857-192 OR 3209-1069 OR 3234-4602

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950604

Geography

  • Assessors Map Reference: S2-24-21
  • Parcel: 24-2S-21-42273-000-0100
  • Block: 1
  • Lot: 100
  • Meridian: SEC 24 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3964
  • Longitude: -86.3003

    Address

  • Full Address: 18 Initial Ln
  • Address - House Number: 18
  • Address - Street Name: Initial
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Santa Rosa Beach
  • Carrier Code: H024
  • 4-Digit Zip Code: 3144
  • Zip Code: 32459

Valuation

    Tax

  • Total Area: 2,588
  • Tax Year: 2022
  • Tax Amount: $338,902
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.268
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 61
  • Final Value: 693,734
  • High Value: 879,718
  • Low Value: 507,750

    Market Valuation

  • Market Total Value: $365,694
  • Market Land Value: $56,097
  • Market Improvement Value: $309,597

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $365,694
  • Assessed Land Value: $56,097
  • Assessed Improvements Value: $309,597

    Sales

  • Current Sale Contract Date: Jan 14, 2022
  • Current Sale Recording Date: Jan 18, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2422
  • Previous Sale Recording Date: Jul 28, 2021
  • Previous Sale Contract Date: Jul 26, 2021
  • Previous Sale Amount: $499,000
  • 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 18 Initial Lane built and last sold?
The property at 18 Initial Lane was built in 1981 and last sold on Jan 14, 2022 for $635,000.
How much is this home worth?
The estimated value of the home located at 18 Initial Lane is $712,270.
What are some comparable homes to 18 Initial Lane?
There are currently no comparable homes to 18 Initial Lane.