See Home Value
Miramar Beach 32550
298 Cobalt Lane
$780,000
● House - Off Market

298 Cobalt Lane

Miramar Beach, FL 32550
bedrooms
3 Beds
bathrooms
3 Baths
$4,801
Est. Monthly
$322
HOA / Fees
1.56%
Cap Rate

About This Property

WALKTHROUGH TOUR AVAILABLE

298 Cobalt Lane is a master class in craftsmanship and style. Built by the renowned Huff Homes, this property boasts custom upgrades including gas appliances, upgraded engineered hardwood flooring, upgraded tile and countertops, a walk-in laundry room, gas appliances, double crown molding, epoxy-flooring in the 2-car garage, and a private, heated pool.

Framed by chic gas lanterns, 298 Cobalt Lane's classic southern-style brick design exudes elegance. The property's floor plan flows well and wastes zero space. Rarely seen at this price point, the home is outfitted with engineered hardwood flooring; flooring of this quality is typically reserved for multimillion dollar estates. Each bedroom is spacious, and every closet has been fitted with custom shelving to maximize the home's storage. That custom shelving is also present in the walk-in laundry room which boasts a custom-made folding rack.

The guest bedroom suites both have dedicated full-sized bathrooms that include upgraded tile as well as quartz countertops. The tile selections in this property are of a quality I normally only find in my listings above $2,000,000 in value; the quality of this property is exceptional in every aspect.

The kitchen is outfitted with stainless steel, gas appliances that are framed in by a porcelain tile backsplash and quartz countertops. The kitchen also has custom floor-to-ceiling shelving built into the pantry.

One thing I really appreciate about the floorplan at 298 Cobalt Lane is the headers that separate the kitchen, dining room, and living room. Although it's an open floorplan design, the headers give each space a sense of definition, an end point to clearly delineate one space from the next. It's almost like the architect found a way to cleverly create a traditional floorplan feel while maintaining the maximum space utilization that an open floorplan allows. The living room is extremely spacious, it feels much larger than you'd expect for a home of just over 2,000 square feet. The gas fireplace is framed with an elegant marble tile which continues the high-end feel that this property consistently maintains throughout.

The master suite is spacious, providing ample room for a king-sized bed, end tables, and a chest-of-drawers with room to spare. The California-style walk-in closet boasts floor-to-ceiling custom shelving, and the bathroom suite as a large walk-in shower and two separate vanities.

The backyard is the crown jewel of this home; it's one of the only properties on the street with a private, heated pool and a screened-in back porch. The additional fenced-in yard space is perfect for children to play or to have a quiet area to let your pets roam.

298 Cobalt Lane is located in the gated subdivision of Emerald Bay, renowned for it's 18-hole golf course and luxurious community amenities that include a clubhouse, spacious pool, tennis courts, pickleball, and 24-hour security. Emerald Bay is located only 2.6 miles from a public beach access and it's positioned even closer than that to the world-class shopping and dining accommodations at the Destin Commons including the area's only Whole Foods market. Emerald Bay is within 5-minutes of the world-class boating accommodations of Legendary Marina, and it sits within a 10-minute drive from over 50 different restaurants as well as bowling alleys, movie theaters, Big Kahuna's Waterpark, multiple public beach accesses, and a host of other entertainment and dining options.
Unit Size
-
Days on Market
268 days
Land Size
0.13 acres
Price per sqft
-
Property Type
House
Property Taxes
$477
HOA Dues
$322
Year Built
2018

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Last updated: 2 years ago (ECAR #967203)

Price History

Date / Event Date Event Price
Oct 23, 2025 Sold
Sold
Jul 31, 2025 In contract -
In contract
Jun 4, 2025 Price Decreased $815,000
↓ $24K (2.9%)
Price Decreased
May 15, 2025 Price Decreased $839,000
↓ $10K (1.2%)
Price Decreased
Mar 12, 2025 Price Decreased $849,000
↓ $46K (5.1%)
Price Decreased
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 14
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 0
  • Patio Type: 70
  • Porch Type: 35
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 5,750
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,648
  • Gross Building Area: 2,648
  • Building Area: 2,186
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,186
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EMERALD BAY PH II
  • Land Acres: 0000000132
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 7 EMERALD BAY PH II-A REPLAT PB 20-32 FKA EMERALD BAY PH II-A PB 19-82 OR 3040-3677 OR 3080-4626 OR 3098-171 OR 3168-2154

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950608

Geography

  • Subdivision Phase Number: 7
  • Parcel: 30-2S-21-42911-000-0070
  • Lot: 7
  • Meridian: SEC 30 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3925
  • Longitude: -86.3935

    Address

  • Full Address: 298 Cobalt Ln
  • Address - House Number: 298
  • Address - Street Name: Cobalt
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C005
  • 4-Digit Zip Code: 5265
  • Zip Code: 32550

Valuation

    Tax

  • Total Area: 2,367
  • Tax Year: 2022
  • Tax Amount: $529,450
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2649
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 62
  • Final Value: 996,664
  • High Value: 1,260,684
  • Low Value: 732,644

    Market Valuation

  • Market Total Value: $636,986
  • Market Land Value: $126,690
  • Market Improvement Value: $510,296

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $636,986
  • Assessed Land Value: $126,690
  • Assessed Improvements Value: $510,296

    Sales

  • Current Sale Contract Date: Nov 09, 2020
  • Current Sale Recording Date: Nov 10, 2020
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20200045779
  • Previous Sale Recording Date: Jul 31, 2018
  • Previous Sale Contract Date: Jul 30, 2018
  • Previous Sale Amount: $478,400
  • 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 Miramar Beach


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Frequently Asked Questions

When was property at 298 Cobalt Lane built and last sold?
The property at 298 Cobalt Lane was built in 2018 and last sold on Nov 9, 2020 for $575,000.
How much is this home worth?
The estimated value of the home located at 298 Cobalt Lane is $0.
What are some comparable homes to 298 Cobalt Lane?
There are currently no comparable homes to 298 Cobalt Lane.