388 Cypress Drive, Santa Rosa Beach, FL 32459 (MLS# 996947)

388 Cypress Drive, Santa Rosa Beach, FL 32459

New Listing

$1,265,000

Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 2,328 Lot Size (sq. ft.): 3,485 Status: Active

Current Price: $1,265,000 List Date: 3/05/2026 Last Modified: 3/05/2026

Description

Located in the gated community of Cypress Dunes along the west end of Scenic Highway 30A, 388 Cypress Drive is a beautifully designed 3-bedroom, 3.5-bath coastal residence offering Gulf views, refined architecture, and rare expansion potential in a peaceful, natural setting. The second-floor living space makes an immediate impression with dramatic wall-to-wall windows, flooding the home with natural light and creating a bright, elevated coastal aesthetic. The updated kitchen features modern finishes and flows seamlessly into the open living and dining areas -- ideal for entertaining or relaxed everyday living. The third floor captures partial west-facing Gulf views and features a private balcony, perfectly positioned for sunset evenings and coastal breezes.

Supplements: Rear alley access provides flexibility rarely found along 30A -- the back portion of the lot offers space to build a two-car garage with carriage house above or expand the existing home, adding both functionality and long-term value. Surrounded by the protected beauty of Topsail Hill Preserve State Park, the community offers a quiet, scenic backdrop while remaining conveniently close to the shops and restaurants at Gulf Place and Grand Boulevard. Beach access is just a short distance away, as well as access to the trails and shoreline of Topsail Preserve. Cypress Dunes amenities include a Gulf-view infinity-edge pool, outdoor fireplace and gathering pavilion, fitness center, tennis and pickleball courts, and winding nature trails. An exceptional opportunity for a primary residence, second home, or investment property in one of 30A's most serene coastal settings.

More Information MLS# 996947

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 543.38 List Date: 2026-03-04 Current Price: $1,265,000 List Price: $1,265,000

Location, Tax and Legal

Sub Area: 1701 - Santa Rosa Beach S of 98 West of 393 Elementary School: Van R Butler Middle School: Emerald Coast High School: South Walton Legal Description: LOT 133 CYPRESS DUNES S/D PB 15-74 REPLAT PB 16-43 OR 2748-2691 OR 2974-3814 OR 3150-237

General Property Info

Sub-Type: Detached Single Family Design: Beach House SqFt Source: County PA Records Immediate Occupancy: Yes Garage: No Carport: No Pool: Yes Pool Type: Community Apx SqFt(Htd/Cooled): 2328 Bedrooms: 3 Full Baths: 3 Half Baths: 1 Total Bathrooms: 4 # Stories: 3 Year Built: 2006 Acreage: 0.08

Listing Info, Tax & Legal

Homestead: No Is Subject Leased: No Assessment Fees: Yes Assessment Amount: 1250 Annual Assessment Amount: 5000 Assessment Paid: Quarterly New Buyer Fee: Yes New Buyer Fee Amt: 0.25 New Buyer Fee Paid: % Last Taxes: 7881.73 Last Tax Year: 2025 Brokerage Interest: No Interest As Is: No

Remarks & Misc

Remarks: Located in the gated community of Cypress Dunes along the west end of Scenic Highway 30A, 388 Cypress Drive is a beautifully designed 3-bedroom, 3.5-bath coastal residence offering Gulf views, refined architecture, and rare expansion potential in a peaceful, natural setting. The second-floor living space makes an immediate impression with dramatic wall-to-wall windows, flooding the home with natural light and creating a bright, elevated coastal aesthetic. The updated kitchen features modern finishes and flows seamlessly into the open living and dining areas -- ideal for entertaining or relaxed everyday living. The third floor captures partial west-facing Gulf views and features a private balcony, perfectly positioned for sunset evenings and coastal breezes.

Construction Status

Construction Complete: 1

Waterview

Gulf: 1

Project Facilities

Community Room: 1 Gated Community: 1 Pickle Ball: 1 Pool: 1 Short Term Rental - Allowed: 1 Tennis: 1

Construction/Siding

Roof Metal: 1

Utilities

Public Sewer: 1 Public Water: 1

Zoning

Resid Single Family: 1

Exterior

Balcony: 1 Deck Covered: 1 Sprinkler System: 1

Energy

AC - 2 or More: 1 AC - Central Elect: 1 Heat Pump A/A Two +: 1

Mstr Bdrm/Mstr Bath

MBath Double Vanity: 1 MBath Garden Tub: 1 MBath Separate Shwr: 1 MBath Tile: 1 MBed Balcony: 1

Master Bedroom

Third: 1

Bedroom

First: 1

Living Room

Second: 1

Rooms

Bedroom: 1 Dining Area: 1 Living Room: 1 Master Bedroom: 1

Status Change Info

Status: Active

Location Tax and Legal

Area: 17 - 30A West Street #: 388 Street Name: Cypress Street Suffix: Drive State: FL Zip Code: 32459 County: Walton Project Name/Subdivision: CYPRESS DUNES Parcel ID: 32-2S-20-33300-000-1330

Property Features

Construction Status: Construction Complete Zoning: Resid Single Family Waterview: Gulf Project Facilities: Community Room; Gated Community; Pickle Ball; Pool; Short Term Rental - Allowed; Tennis Exterior: Balcony; Deck Covered; Sprinkler System Utilities: Public Sewer; Public Water Energy: AC - 2 or More; AC - Central Elect; Heat Pump A/A Two + Master Bedroom: Third Bedroom: First Living Room: Second Rooms: Bedroom; Dining Area; Living Room; Master Bedroom

Room Information

Living Room Level: Second Dimensions: 17 x 15 Length: 17.00 Width: 15.00 Dimensions: 17 x 15 Dining Area Level: Second Dimensions: 10 x 10 Length: 10.00 Width: 10.00 Dimensions: 10 x 10 Master Bedroom Level: Third Dimensions: 20 x 16 Length: 20.00 Width: 16.00 Dimensions: 20 x 16 Bedroom Level: First Dimensions: 15 x 12 Length: 15.00 Width: 12.00 Dimensions: 15 x 12 Bedroom Level: First Dimensions: 15 x 11 Length: 15.00 Width: 11.00 Dimensions: 15 x 11

Documents

Floor Plan ›

Listing Office: Berkshire Hathaway HomeServices

Last Updated: March - 05 - 2026

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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