Check Availability
Walton 32413
342 Beach Bike Way
$2,990,000
↓ $305K (9.3%)
House - For Sale

342 Beach Bike Way

Inlet Beach, FL 32461
bedrooms
4 Beds
bathrooms
6 Baths
square feet
3686 Sqft
$16,303
Estimated Monthly
$1,352
HOA / Fees
0.47%
Cap Rate

About This Property

342 Beach Bike Way is a stunning, custom built new construction home that is now ready for your family to enjoy the rest of long Florida Summer season! Nestled between Rosemary Beach and Alys Beach, you will find this amazing home in the master-planned community of Seacrest Beach with 1.3 miles of trails, an enormous 12,000 sq ft resort style pool, and tram service to take you on a short drive to the pristine, emerald beaches. Impeccably designed by architect, J. Michael Hunnicutt, and constructed by Gary Bailey, you will find that this 3,600+ sq ft home was meticulously crafted for you to enjoy luxury beach living while gathering with friends and family. This magnificent home is one of the largest in all of the Seacrest Beach Community. Upon entering, the main floor welcomes you into a bright, airy living space with an alluring fireplace, charming wood beams, and elegant lighting. The open concept is one of many ways that this home is perfect for entertaining. In addition to a wet bar and massive island in the inviting kitchen with quartz counter tops and custom cabinets, the main floor boasts 10 foot ceilings. Two spacious master suites are located on the main and second floors with beautifully tiled showers and direct access to the porches. Venturing upstairs, you will find the den and two additional bedrooms with en suites to comfortably accommodate additional guests. The third floor offers a large entertainment area, excellent for a game room or a movie night. This home is a fabulous coastal retreat with 628 sq ft of expansive porches on 3 levels, beckoning you to relax outside around the private pool or to watch the breathtaking sunset in the evenings. The garage offers an abundant amount of storage for your vacation necessities and above the garage is an additional bonus room perfect for an office or kids' hangout.

The manager has listed the unit size as 3686 square feet.
Unit Size
3,686Ft²
Days on Market
340 days
Land Size
0.11 acres
Price per sqft
$811
Property Type
House
Property Taxes
$270
HOA Dues
$1,352
Year Built
-

Listed By

Kayla McDaniel
Kayla McDaniel
Coldwell Banker Carroll Realty
Last updated: 2 days ago (BCARFL #744105)

Price History

Date / Event Date Event Price
Jun 7, 2024 Price Decreased $2,990,000
↓ $305K (9.3%)
Price Decreased
Mar 5, 2024 Price Decreased $3,295,000
↓ $200K (5.7%)
Price Decreased
Jul 26, 2023 Listed by COLDWELL BANKER CARROLL REALTY $3,495,000
Listed by COLDWELL BANKER CARROLL REALTY
Nestled between Rosemary Beach and Alys Beach, you will find this stunning new construction home in the master-planned community of Seacrest Beach with 1.3 miles of trails, an enormous resort style pool, and tram service to take you on a short drive to the pristine beaches. Impeccably designed by architect, J. Michael Hunnicutt, and constructed by Gary Bailey, this home is one of the largest in the community and it was meticulously crafted for you to enjoy luxury beach living while…
Oct 7, 2020 Sold to Anthony Cummings, Deirdre C... $325,000
Sold to Anthony Cummings, Deirdre C...
May 31, 2012 Sold to Gerald A Ludwig, Ludwig San... $110,000
Sold to Gerald A Ludwig, Ludwig San...

Property Highlights

Air Conditioning
Exterior Details

Pool Information

Pool

Exterior Information

Hardboard
Building Details
New Construction

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,966
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: SEACREST BCH PH 3
  • Land Acres: 0.114
  • Legal Description 1: LOT 1 BLK M SEACREST BCH PH 3 PB 13-46 OR 2023-135 OR 2891-2902 OR 3163-735

Ownership

  • Current Owner : CUMMINGS ANTHONY
  • Current Owner 2: CUMMINGS DEIRDRE
  • Previous Owner : LUDWIG GERALD A
  • Previous Owner 2: DEAN LUDWIG SANDRA
  • Owner Before Previous Owner: STUTZ DAVID L

Neighborhood

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

Geography

  • Assessors Map Reference: S3-26-18
  • Subdivision Phase Number: 3
  • Parcel: 26-3S-18-16020-00M-0010
  • Block: M
  • Lot: 1
  • Meridian: SEC 26 TWN 03S RNG 018
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.285
  • Longitude: -86.0227

    Address

  • Full Address: 342 Beach Bike Way
  • Address - House Number: 342
  • Address - Street Name: Beach Bike
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Inlet Beach
  • Carrier Code: R032
  • 4-Digit Zip Code: 6976
  • Zip Code: 32461

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,236
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.4855
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 2
  • Final Value: 565,780
  • High Value: 840,504
  • Low Value: 291,055

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,500,000
  • First Open Lien Mortgage Lender: FIFTH THIRD BANK NATIONAL ASSO
  • First Open Lien Mortgage Recording Date: Jul 12, 2023
  • First Open Lien Mortgage Loan Amount: $1,500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2053

    Market Valuation

  • Market Total Value: $445,110
  • Market Land Value: $445,110

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $445,110
  • Assessed Land Value: $445,110

    Sales

  • Current Sale Contract Date: Oct 07, 2020
  • Current Sale Recording Date: Oct 07, 2020
  • Current Sale Transaction ID: 11793117184
  • Current Sale Price: $325,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 20200039608
  • Previous Sale Recording Date: May 31, 2012
  • Previous Sale Contract Date: May 31, 2012
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: THE PADUCAH BANK & TRUST CO
  • First Mortgage Transaction Date: Oct 07, 2020
  • First Mortgage Loan Amount: $247,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Oct 07, 2021

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
5 Baths
2,962 ft²
$1,317/ft²
$3,900,000 Jul 4, 2023
-
$1,185/mo
House
4 Beds
4 Baths
2,551 ft²
$1,098/ft²
$2,800,000 May 9, 2023
-
-
House
3 Beds
3 Baths
2,282 ft²
$1,293/ft²
$2,950,000 Apr 12, 2023
-
$1,268/mo
Townhouse
5 Beds
4.5 Baths
3,225 ft²
$1,022/ft²
$3,295,000 May 3, 2023
-
$1,007/mo
House
6 Beds
4.5 Baths
3,323 ft²
$978/ft²
$3,250,000 Jul 1, 2023
-
-
Townhouse
3 Beds
3.5 Baths
2,004 ft²
$1,746/ft²
$3,499,000 Jun 18, 2023
-
$1,561/mo
Townhouse
3 Beds
3.5 Baths
1,943 ft²
$1,951/ft²
$3,790,000 Apr 1, 2023
-
$1,843/mo
Land
Loft
-
-
$2,950,000 Nov 17, 2022
-
-

About Walton


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Frequently Asked Questions

When was property at 342 Beach Bike Way built and last sold?
The property at 342 Beach Bike Way was built in and last sold on Oct 7, 2020 for $325,000.
How much is this home worth?
The estimated value of the home located at 342 Beach Bike Way is $3,275,283.
What are some comparable homes to 342 Beach Bike Way?
Homes that are comparable to 342 Beach Bike Way include a house property at 71 Bridgetown Avenue, 8 Trigger Trail East, 101 West Water Street.

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