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2940 Pine Valley Drive
About This Property
2 story home located in the Burnt Pine neighborhood of Sandestin Golf & Beach Resort. This property is situated on approximately 0.56 acres and offers 4,680 sq ft of living space. A palm-lined circular driveway leads to the home's facade, with landscaped grounds and maintained exterior spaces. New saltwater softner and carbon filter just installed for sprinkler system. New Well Pump.
The home includes a private elevator from the garage to the second level, hurricane-rated impact shutters, and high ceilings. The kitchen features quartz countertops, custom cabinetry, built-in microwave, and large p A palm-lined circular driveway and beautifully maintained grounds create a grand arrival, setting the tone for the elegance found throughout the home. Inside, soaring ceilings and expansive living areas provide a sense of openness and sophistication, while a private elevator offers effortless access from the garage to the second level -- a rare and highly desirable feature for comfort and convenience. Hurricane-rated impact shutters provide peace of mind, and a newly installed saltwater softener and carbon filtration system enhance the irrigation for lush, well-maintained landscaping year-round.
The kitchen is designed to gather and impress, featuring quartz countertops, custom cabinetry, updated hardware, built-in microwave, and a generous pantry. Updated lighting and beautifully renovated bathrooms throughout the home reflect a clean, refined aesthetic that blends comfort with modern coastal style.
The primary suite serves as a peaceful retreat, offering serene golf course views, a spacious walk-in closet, and a beautifully updated bath designed for relaxation. Three additional junior suites provide private accommodations for family and guests, while a dedicated office or study creates the perfect space for remote work or quiet reflection.
Outdoor living is equally captivating. The resurfaced pool with new gunite finish creates a true resort-style setting, while the screened porch overlooks the 5th hole of Burnt Pine Golf Course -- offering tranquil views and a perfect setting for entertaining or unwinding in the coastal breeze. A three-car garage and generous additional parking provide both function and convenience.
As part of Sandestin Golf & Beach Resort, residents enjoy access to an unparalleled coastal lifestyle, including championship golf, pristine sugar-white beaches, a full-service marina, dining, shopping, and 24-hour gated security -- all within one of the Emerald Coast's most sought-after master-planned communities.
For the discerning buyer seeking space, privacy, and elevated golf course living in a premier resort environment, this Burnt Pine estate presents an extraordinary opportunity to experience the very best of luxury living along Florida's Emerald Coast.
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Cap Rate Calculator
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%.
How much can I actually make?
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 |
|---|---|---|---|
| Nov 4, 2026 | Relisted | $2,950,000 | |
| Relisted | |||
| Nov 2, 2026 | No longer available | - | |
| No longer available | |||
| Sep 1, 2026 | Price Decreased |
$2,950,000
↓ $50K
(1.7%) | |
| Price Decreased | |||
| Jun 27, 2026 | Price Increased |
$3,000,000
↑ $50K
(1.7%) | |
| Price Increased | |||
| Jun 11, 2026 | Price Decreased |
$2,950,000
↓ $249K
(7.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017