When was property at 241 Red Cedar Way built and last sold?

The property at 241 Red Cedar Way was built in 2013 and last sold on Apr 28, 2022 for $5,003,857.

How much is this home worth?

The estimated value of the home located at 241 Red Cedar Way is $0.

What are some comparable homes to 241 Red Cedar Way?

There are currently no comparable homes to 241 Red Cedar Way.

Walton

32459

241 Red Cedar Way

$469,000

● Land - Off Market

241 Red Cedar Way

Santa Rosa Beach, FL 32459

Studio

0 Bath

$1,017,701

RealtyHop Estimate

116.99%

Since Jun 1, 2012

National-US

Primary Model

About This Property

Pond front lot situated on Wood Fern Park. Great opportunity to acquire a corner homesite located in WaterColor's Eastern Cove District. A place where white sandy beaches and emerald waters are legendary. Imagine a beautiful Southern home, surrounded by friendly neighbors who welcome you back time and time again. It is the perfect place to call home no matter if it is for private use or for investment property. Just steps to amenities such as swimming, tennis, fishing, boating, tennis, swimming, hiking, nature walks and so much more. Centrally located to the best dining, unique boutique shopping, bike paths and some of the most challenging golf courses the gulf coast has to offer. Easy access to Hwy 98, allowing you to explore the nearby cities of Destin or Panama City Beach, as well as, the Northwest Florida Beaches International Airport now open.

Unit Size

Days on Market

1272 days

Land Size

Price per sqft

Property Type

Land

Property Taxes

HOA Dues

$1,063

Year Built

2013

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (ECAR #506070)

Price History

Date / Event	Date	Event
May 2, 2022	Sold	Premium
Sold
Oct 8, 2021	No longer available	-
No longer available
Aug 19, 2021	Price Decreased	$4,950,000 ↓ $400K (7.5%)
Price Decreased
Jun 25, 2021	Price Decreased	$5,350,000 ↓ $400K (7%)
Price Decreased
Apr 29, 2021	Listed by Berkshire Hathaway HomeServices	$5,750,000
Listed by Berkshire Hathaway HomeServices
Jul 30, 2017	Listed	$3,199,000
Listed

	Nestled in the Camp District, this luxurious WaterColor property overlooks a pond and features a three story, 4 bedroom main home,carriage home and extensive outdoor living spaces. Stunning details throughout include 12' ceilings, V-groove walls, gorgeous hardwood floors and upscale finishes and furnishings. Designed to comfortably accommodate large groups, the main home has a spacious open concept design with a gourmet kitchen overlooking the living and dining room. The kitchen boasts marble countertops, a Wolf gas range and stainless steel hood vent, a Sub Zero refrigerator and wine cooler and custom soft close drawers. Elegant dual master suites, one on the first floor and one on the second, feature beautiful master bathrooms, plenty of room to relax and private outdoorThe manager has listed the unit size as 5325 square feet.
May 17, 2012	Sold	Premium
Sold
Nov 17, 2008	Listed by Berkshire Hathaway HomeServices	$469,000
Listed by Berkshire Hathaway HomeServices
Jun 3, 2004	Sold	Premium
Sold

Property Highlights

Building Info

Overview

General

Year Built: 2013

Effective Year Built: 2013
Building Count: 1
Bedroom Count: 8
Bathroom Count: 7
Full Bathrooms: 7
Partial Bathrooms: 7
Bathroom Plumbing Fixtures: 23
Building Condition: 0
Building Quality: 1
Construction Type: 0
Building Style: 0
Exterior Walls Type: 18
Interior Walls Type: 14
Roof Shape Type: 9
Roof Cover Type: 14
Floor Count: 300
Living Units: 1
Floor Cover: 15
Basement Type: 0
Basement Area: 0
Parking Type: 5
Garage Type: 1
Garage Square Area: 576
Parking Space Count: 2
Patio Type: 0
Porch Type: 63
Pool Type: 0

Dimensions

Lot Size Square Feet: 6,755

Total Building Area: 5,352
Gross Building Area: 5,352
Building Area: 4,776
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 4
Heated Square Feet: 4,776
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: WATER COLOR
Land Acres: 0000000155
Standard Land Use Code: 1001
County Land Use Code: 0100
Legal Description 1: LOT 47 EASTERN COVE AT WATER COLOR PB 15-24 OR 2437-679 OR 2613-2252 OR 2890-2732 OR 3250-2526 OR 3250-2524

Neighborhood

School District Name: Walton County School District

Census Tract: 950606

Geography

Assessors Map Reference: S3-15-19

Parcel: 15-3S-19-25415-000-0470
Block: 4
Lot: 47
Meridian: SEC 15 TWN 03S RNG 019
Municipality: SOUTH WALTON FIRE
Latitude: 30.3249
Longitude: -86.1329

Address

Full Address: 241 Red Cedar Way

Address - House Number: 241
Address - Street Name: Red Cedar
Address - Suffix Type: Way
State: FL
City Name: Santa Rosa Beach
Carrier Code: H011
4-Digit Zip Code: 5990
Zip Code: 32459

Valuation

Tax

Total Area: 5,654

Tax Year: 2022
Tax Amount: $2,645,607
Tax Rate Code Area: 007

Appraisal Valuation

Standard Deviation: 0.2682

Valuation Date: Jan 10, 2024
Confidence Score: 61
Final Value: 5,335,492
High Value: 6,766,749
Low Value: 3,904,235

Open Liens

Total Open Liens:

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Market Valuation

Market Total Value: $3,501,314

Market Land Value: $808,234
Market Improvement Value: $2,693,080

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $3,501,314
Assessed Land Value: $808,234
Assessed Improvements Value: $2,693,080

Sales

Current Sale Contract Date: Apr 28, 2022

Current Sale Recording Date: May 02, 2022
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 20781
Previous Sale Recording Date: May 02, 2022
Previous Sale Contract Date: Apr 27, 2022
Previous Sale Amount: $662,642
Previous Sale Document Type: 55

Last Sale Mortgage

First Mortgage Lender:

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First Mortgage Transaction Date:

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Walton

Stats & Trends

Median Asking:

$725,000

Sale Price/ft²

$425

Below Asking

0.02%

Average Days on Market

Average Home Size

2271 ft²

Average Home Age

17.6 years

Currently For Sale

2338 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Listed by: Andrew H Harman, Berkshire Hathaway HomeServices
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 506070

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

241 Red Cedar Way

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Walton

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions