See Home Value
Walton 32459
58 Initial Lane
$1,560,000
● House - Off Market

58 Initial Lane

Santa Rosa Beach, FL 32459
bedrooms
4 Beds
bathrooms
3 Baths
$8,604
Est. Monthly
1.27%
Cap Rate

About This Property

Welcome to 58 Initial Lane, a beautifully remodeled waterfront gem that combines luxurious living with serene natural beauty. This unique home features 4 bedrooms and 3 bathrooms all on one level, designed with meticulous attention to detail for ultimate ease of living. The interior showcases original hardwood floors and upscale finishes throughout, with a completely remodeled kitchen and bathrooms that add a touch of modern elegance. Step outside to discover your private dock and boat lift, set on a deep-water bayou with direct access to Choctawhatchee Bay. Ideal for fishing enthusiasts, the property offers breathtaking sunsets and a tranquil setting in a quiet neighborhood with no HOA restrictions. Every detail of this home has been thoughtfully designed to enhance comfort and style. The standout feature is the waterfront primary bedroom, which includes a private, secluded sitting room perfect for relaxation. The spa-like master bathroom is a highlight, featuring an original clawfoot tub that adds a touch of timeless elegance. Don't miss this rare opportunity to own a piece of waterfront paradise. Schedule your private showing today!
Unit Size
-
Days on Market
362 days
Land Size
0.33 acres
Price per sqft
-
Property Type
House
Property Taxes
$257
HOA Dues
-
Year Built
1984

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Last updated: 6 months ago (ECAR #972373)

Price History

Date / Event Date Event Price
Apr 14, 2026 Sold
Sold
Feb 25, 2026 In contract -
In contract
Feb 7, 2026 Price Decreased $1,700,000
↓ $95K (5.3%)
Price Decreased
Sep 3, 2025 Price Decreased $1,795,000
↓ $70K (3.8%)
Price Decreased
Mar 28, 2025 Listed by The Premier Property Group Seacrest Office $1,865,000
Listed by The Premier Property Group Seacrest Office
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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 6
  • 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: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 528
  • Parking Space Count: 1
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,549
  • Lot Size Depth Feet: 1,470
  • Lot Size Frontage Feet: 990
  • Total Building Area: 2,428
  • Gross Building Area: 2,428
  • Building Area: 2,428
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,428
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: S/D OF E1/2 OF LOT 23
  • Land Acres: 0000000334
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: PART OF LOTS 6 & 7 UNRECD PLAT OF E2 OF LOT 23 RSP DESC AS: COMMENCING AT NE/C LOT 23 SRP N89 DEG 55 25 W 283 FT TO POB S0 DEG 08 54 W 165.32 FT N89 DEG 57 58 W 30 FT N0 DEG 08 54 E 33 FT N64 DEG 51 45 W 149 FT TO WATERS EDGE OF MACK BAYOU, MEAN

Neighborhood

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

Zoning

  • Zoning: BAYS

Geography

  • Assessors Map Reference: CAP-Y
  • Parcel: 24-2S-21-42273-000-0060
  • Lot: 60
  • Meridian: SEC 24 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3965
  • Longitude: -86.3012

    Address

  • Full Address: 58 Initial Ln
  • Address - House Number: 58
  • Address - Street Name: Initial
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Santa Rosa Beach
  • Carrier Code: H024
  • 4-Digit Zip Code: 3144
  • Zip Code: 32459

Valuation

    Tax

  • Total Area: 2,460
  • Tax Year: 2022
  • Tax Amount: $284,091
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2682
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 61
  • Final Value: 928,684
  • High Value: 1,177,806
  • Low Value: 679,563

    Market Valuation

  • Market Total Value: $482,845
  • Market Land Value: $242,270
  • Market Improvement Value: $240,575

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $344,720

    Sales

  • Current Sale Contract Date: Sep 13, 2022
  • Current Sale Recording Date: Sep 14, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 41178
  • Previous Sale Recording Date: Dec 09, 2003
  • Previous Sale Contract Date: Dec 04, 2003
  • Previous Sale Amount: $445,000
  • 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 58 Initial Lane built and last sold?
The property at 58 Initial Lane was built in 1984 and last sold on Sep 13, 2022 for $1,100,000.
How much is this home worth?
The estimated value of the home located at 58 Initial Lane is $0.
What are some comparable homes to 58 Initial Lane?
There are currently no comparable homes to 58 Initial Lane.