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3507 Burnt Pine Lane
About This Property
Inside, the main living area feels both grand and inviting, anchored by a gas fireplace, refined millwork and expansive windows that draw in natural light while connecting seamlessly to the outdoor living spaces. The chef's kitchen is equal parts striking and functional, appointed with high-end appliances, custom cabinetry, intricate stonework and a large center island that naturally becomes the heart of the home.
The layout is intentionally designed for convenience and flexibility, with the primary suite, a guest suite and a dedicated office all located on the first floor. Each of the four bedrooms features its own ensuite bath, complemented by a total of five full baths throughout the home. The primary suite serves as a private retreat, complete with a tray ceiling, abundant natural light and a spa-inspired bath with soaking tub and walk-in shower.
Upstairs, additional living space creates options for relaxed evenings or entertaining, while the bonus area above the garage offers remarkable adaptability. Currently utilized as a fitness space, it can easily transition into a game room, bunk room or private guest retreat.
Outdoor living is equally compelling, centered around a screened lanai with a gas fireplace and a distinctive saltwater pool and spa. Overlooking the Burnt Pine golf course, the setting feels both private and serene, with ample space for lounging and dining throughout the seasons. A whole-home generator adds an additional layer of comfort and peace of mind.
As part of Sandestin Golf and Beach Resort, residents enjoy access to an exceptional collection of amenities, including championship golf at Raven, The Links and Baytowne courses, the Sandestin Beach Club, Baytowne Marina, tennis and pickleball facilities, scenic walking and biking paths and the natural beauty of Jolee Island. Additional conveniences include multiple community pools, The Village of Baytowne Wharf, Grand Boulevard and the Market Shops. Optional membership to Burnt Pine Country Club further enhances the experience with exclusive golf, dining and social opportunities.
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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%.
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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 |
|---|---|---|---|
| Aug 20, 2026 | Price Decreased |
$3,799,000
↓ $176K
(4.4%) | |
| Price Decreased | |||
| May 10, 2026 | Listed by Scenic Sotheby's International Realty | $3,975,000 | |
| Listed by Scenic Sotheby's International Realty | |||
| Mar 21, 2016 | Sold | ||
| Sold | |||
| Jul 2, 2015 | Listed by Scenic Sotheby's International Realty | $2,199,000 | |
| Listed by Scenic Sotheby's International Realty | |||
| Aug 3, 2010 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017