53 Millstone Drive
About This Property
Now completed and move-in ready, the Lily B plan offers a rare opportunity to own a brand-new, custom-crafted home without the wait. This thoughtfully designed residence features 5 spacious bedrooms, 5.5 elegant bathrooms, a bright, open-concept living area, and a two-car garage - the perfect blend of space, style, and functionality.
Set within the serene, historic surroundings of Eden Gardens State Park, Oak Grove at Eden's Landing is 30A's newest luxury enclave, offering a peaceful retreat just minutes from the vibrant communities of Seaside and WaterColor.
Enjoy effortless access to the sugar-white sands of the Emerald Coast, as well as premium boating, fishing, and water sports on the nearby Choctawhatchee Bay. Surrounded by nature and steeped in history, this is luxury coastal living at its finest.
Don't miss your chance to own this completed, move-in-ready home in one of Florida's most desirable locations Oak Grove at Eden's Landing.
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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%.
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 |
|---|---|---|---|
| Dec 12, 2025 | Sold | ||
| Sold | |||
| Nov 12, 2025 | In contract | - | |
| In contract | |||
| Jul 8, 2025 | Listed by Christies International Real Estate Emerald Coast | $1,499,000 | |
| Listed by Christies International Real Estate Emerald Coast | |||
| Aug 25, 2024 | Listed | $1,749,000 | |
| Listed | |||
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Welcome to Oak Grove at Eden's Landing! Point Washington's only luxury community. The Lily B plan offers 5 bedrooms, 5.5 bathrooms, an open concept living room, and a 2 car garage. Nestled amongst the historical landscape of Eden Gardens State Park, Oak Grove at Eden's Landing is 30A's newest luxury community located in Point Washington, FL. Situated minutes from the sought-after communities of Seaside and Watercolor, Oak Grove offers immediate access to the sugar white sands of the emerald coast as well as the premium fishing and water-sports of the Choctawhatchee Bay. Oak Grove offers oversized homesites throughout the community. Bordered by Eden Gardens State Park on all sides creates privacy and serenity rarely found on the 30A corridor. Amenities of the community include direct fiber to the home high speed internet service, community pool, community walking trails, etc.
Features of construction showcase premium materials, natural gas to the homes, luxury appliances, audio visual packages and more.
53 Millstone Dr construction will be complete July 2025. Images in the listing include photos of construction progress as well as other finished homes in the community. Buyer to verify all dimensions. Visit www.oakgroveateden.com to see floorplans and additional information.
Inquire for additional information and other opportunities in the community.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017