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Walton 32459
399 Allen Loop Drive
$2,490,000
↓ $210K (7.8%)
● Land - For Sale

399 Allen Loop Drive

Santa Rosa Beach, FL 32459
bedrooms
Studio
bathrooms
0 Bath
$13,080
Est. Monthly

About This Property

Welcome to Oyster Lake Estate! 399 Allen Loop Dr encompasses 1.38 acres on one of the world's rare coastal dune lakes. This estate offers a level of privacy and space unrivaled on the lake. With water views, sunset-facing exposure, a 6-minute walk to the beach and exceptional parking capacity, this is a 30A opportunity unlikely to be replicated.
Originally built in 1994 and updated over time, the residence offers over 3,000 square feet with 5 bedrooms and 4 full bathrooms, along with a versatile bonus room ideal for a game room, media space or additional living area.  The layout is both comfortable and functional, ready to enjoy as-is or tailor to your vision.
Perfectly positioned to embrace its surroundings, the home captures expansive views across Oyster Lake with the Gulf shimmering beyond, setting the stage for stunning sunsets each evening. Whether relaxing on the deck or in the heated, saltwater pool overlooking the lake, the setting feels immersive and serene. Inside, the primary suite, kitchen, living, and dining areas are all thoughtfully oriented to the water, creating a seamless connection between indoor and outdoor living.
What further distinguishes this property is how effortlessly it blends lifestyle and functionality. A private dock on Oyster Lake invites easy days on the water, from paddleboarding at sunrise to kayaking at sunset. The residence itself sits high and dry in Flood Zone X, while the 1.38-acre homesite provides a level of privacy rarely found along 30A. A 3-car garage, parking for 11+ additional vehicles, and an RV pad with electric, water, and sewer hookups offer exceptional flexibility.
Just a 6-minute walk to the beach, this home allows you to enjoy the 30A lifestyle without the hassle of public parking. Spend the morning on the sand, return home for lunch, and head back with ease. With three convenient access points to Highway 98, you'll also benefit from smooth connectivity without the typical traffic challenges.
The views are protected, the setting is peaceful, and the combination of acreage, waterfront, and proximity to the Gulf is truly exceptional.
Unit Size
-
Days on Market
154 days
Land Size
1.38 acres
Price per sqft
-
Property Type
Land
Property Taxes
$853
HOA Dues
-
Year Built
1994

Listed By

Julie Smith
COLDWELL BANKER RESIDENTIAL

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Last updated: 2 days ago (ECAR #1002211)

Price History

Date / Event Date Event Price
Aug 17, 2026 Price Decreased $2,490,000
↓ $210K (7.8%)
Price Decreased
Jun 2, 2026 Price Decreased $2,700,000
↓ $299K (10%)
Price Decreased
May 4, 2026 Listed by Christies International Real Estate Emerald Coast $2,999,000
Listed by Christies International Real Estate Emerald Coast
Mar 31, 2026 Listed by Christies International Real Estate Emerald Coast $2,999,000
Listed by Christies International Real Estate Emerald Coast
Featuring the largest single-family homesite on Oyster Lake, one of South Walton's rare coastal dune lakes, this 1.38-acre property offers a level of privacy and space unrivaled on the lake. With water views, sunset-facing exposure, and exceptional parking capacity, this is a 30A opportunity unlikely to be replicated. Originally built in 1994 and updated over time, the residence offers over 3,000 square feet with 5 bedrooms and 4 full bathrooms, along with a versatile bonus room ideal for a game room, media space or additional living area. The layout is both comfortable and functional, ready to enjoy as-is or tailor to your vision. Perfectly positioned to embrace its surroundings, the home captures expansive views across Oyster Lake with the Gulf shimmering beyond, setting the stage for stunning sunsets each evening. Whether relaxing on the deck or in the heated, saltwater pool overlooking the lake, the setting feels immersive and serene. Inside, the primary suite, kitchen, living, and dining areas are all thoughtfully oriented to the water, creating a seamless connection between indoor and outdoor living. What further distinguishes this property is how effortlessly it blends lifestyle and functionality. A private dock on Oyster Lake invites easy days on the water, from paddleboarding at sunrise to kayaking at sunset. The residence itself sits high and dry in Flood Zone X, while the 1.38-acre homesite provides a level of privacy rarely found along 30A. A 3-car garage, parking for 11+ additional vehicles, and an RV pad with electric, water, and sewer hookups offer exceptional flexibility. Just a 6-minute walk to the beach, this home allows you to enjoy the 30A lifestyle without the hassle of public parking. Spend the morning on the sand, return home for lunch, and head back with ease. With three convenient access points to Highway 98, you'll also benefit from smooth connectivity without the typical traffic challenges. The views are protected, the setting is peaceful, and the combination of acreage, waterfront, and proximity to the Gulf is truly exceptional.
Dec 18, 2020 Sold
Sold
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Property Highlights

Garage
Exterior Details
Waterfront Features: Coastal Dune Lakes
Construction Materials: Concrete, Stucco
Lot Features: Wetlands, Flood Insurance Req, Irregular, Within 1/2 Mile to Water, RV Lot
Lot Size Area: 1.38
Lot Size Units: Acres
Lot Size Acres: 1.38
Lot Size Square Feet: 60112.8
Lot Size Dimensions: irregular
Water Source: Public
Financial Details
Tax Annual Amount: $10,232
Utilities Details
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 14
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 1
  • Garage Square Area: 1,281
  • Parking Space Count: 5
  • Patio Type: 59
  • Porch Type: 63
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 45,869
  • Lot Size Depth Feet: 3,300
  • Lot Size Frontage Feet: 1,390
  • Total Building Area: 4,395
  • Gross Building Area: 4,395
  • Building Area: 3,114
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,114
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: S/D OF LOT 3
  • Land Acres: 0000001053
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: A PORTION OF GOV LOT 23 BEING DESCRIBED AS FOLLOWS: BEG SW/C OF GOV LOT 23,N 00 DEG 1012W 296.56 FT TO S/LY ROW ALLEN LOOP RD,N 89 DEG2214E ALG ROW LN 156.26 FT,S 00 DEG 00 00W 44.50 FT,S 27 DEG 5719W 95.24 FT,S 00 DEG 0000W 168.55 FT TO S LN LO

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950604

Geography

  • Assessors Map Reference: S3-03-20
  • Parcel: 03-3S-20-34150-000-0230
  • Block: 2
  • Lot: 23
  • Meridian: SEC 03 TWN 03S RNG 020
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3519
  • Longitude: -86.2409

    Address

  • Full Address: 399 Allen Loop Dr
  • Address - House Number: 399
  • Address - Street Name: Allen Loop
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Santa Rosa Beach
  • Carrier Code: H007
  • 4-Digit Zip Code: 4154
  • Zip Code: 32459

Valuation

    Tax

  • Total Area: 4,000
  • Tax Year: 2022
  • Tax Amount: $958,751
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2682
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 61
  • Final Value: 2,028,289
  • High Value: 2,572,382
  • Low Value: 1,484,196

    Market Valuation

  • Market Total Value: $1,374,264
  • Market Land Value: $279,775
  • Market Improvement Value: $1,094,489

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,072,712

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 31, 2017
  • Current Sale Recording Date: Jun 12, 2017
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20170019134
  • Previous Sale Recording Date: Jun 18, 2003
  • Previous Sale Contract Date: Jun 06, 2003
  • Previous Sale Amount: $465,000
  • 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 Walton


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Frequently Asked Questions

When was property at 399 Allen Loop Drive built and last sold?
The property at 399 Allen Loop Drive was built in 1994 and last sold on May 31, 2017 for $795,000.
How much is this home worth?
The estimated value of the home located at 399 Allen Loop Drive is $2,514,900.
What are some comparable homes to 399 Allen Loop Drive?
There are currently no comparable homes to 399 Allen Loop Drive.