Lot 2 Bay Magnolia Lane, Santa Rosa Beach, FL 32459 (MLS# 997990)

Lot 2 Bay Magnolia Lane, Santa Rosa Beach, FL 32459

New Listing

$553,000

Property Type: Land Lot Size (sq. ft.): 53,579 Status: Active

Current Price: $553,000 List Date: 3/14/2026 Last Modified: 3/14/2026

Description

(Photos Coming Soon) 1 of 4 Lots available. Discover a rare opportunity to own a bayou-front homesite in the peaceful Santa Rosa Beach, located in the Rosestar Subdivision off Bay Magnolia Lane. This waterfront lot offers approximately 1.23 acres with boat slips allowed, making it ideal for boating, kayaking, fishing, and enjoying the coastal lifestyle right from your property. Located on a private road with no HOA, the property provides flexibility to design and build with fewer restrictions. You may build on the wetlands up to 40%, allowing flexibility for future development while maintaining the natural surroundings. The Development Order is currently being completed and is expected to be finished in early June 2026, making now an excellent time to secure the property before development

Supplements: Is finalized. Whether you are looking to build your dream coastal home, a private retreat, or invest in future development, this bayou-front property offers excellent potential in Santa Rosa Beach.

More Information MLS# 997990

Contract Info

Listing Board: Emerald Coast List Price/Acre: 449593.5 List Date: 2026-03-14 List Price: $553,000

Location, Tax and Legal

Sub Area: 1902 - Pt Washington/N. of 98 W Elementary School: Dune Lakes Middle School: Emerald Coast High School: South Walton Legal Description: COM SW/COR OF SE1/4 OF NW1/4 SEC 29-2S-19W,N 02 DEG 10'09''E 1371.96 FT,S 74 DEG 06'41''E 294.08 FT,N 34 DEG 39'02''E 157.87 FT FOR POB,N 34 DEG 39' 02''E 150.65 FT TO W/LY ROW CEDAR STREET,S 54 DEG 08'49''E ALG ROW 346.16 FT TO SE/COR LT 1 BLK 4 MAGNOLIA S/D PB 2-52, N 09 DEG 16'17''E 34.84 FT TO SW BDRY LOT 12 BLK A STARKES UNREC,S 40 DEG 17'49''E 150.80 FT,DPRT SW BDRY N 49 DEG 42' 11''E 100.00

General Property Info

Sub-Type: Vacant Land Acreage: 1.23

Listing Info, Tax & Legal

Is Subject Leased: No Assessment Fees: No New Buyer Fee: No Last Taxes: 2783.09 Last Tax Year: 2025 Brokerage Interest: No Interest As Is: No

Remarks & Misc

Remarks: (Photos Coming Soon) 1 of 4 Lots available. Discover a rare opportunity to own a bayou-front homesite in the peaceful Santa Rosa Beach, located in the Rosestar Subdivision off Bay Magnolia Lane. This waterfront lot offers approximately 1.23 acres with boat slips allowed, making it ideal for boating, kayaking, fishing, and enjoying the coastal lifestyle right from your property. Located on a private road with no HOA, the property provides flexibility to design and build with fewer restrictions. You may build on the wetlands up to 40%, allowing flexibility for future development while maintaining the natural surroundings. The Development Order is currently being completed and is expected to be finished in early June 2026, making now an excellent time to secure the property before development

Waterfront

Bayou: 1 Waterfront Feet: 285

Waterview

Bayou: 1

Lot Features

Flood Insurance Req: 1 Irregular: 1 Survey Available: 1 Wetlands: 1 Within 1/2 Mile to Water: 1 Wooded: 1

Lot Access

Gravel/Oyster Shell: 1 Private Road: 1

Utilities

Lift Station: 1 Public Water: 1 Sewer Available: 1 Tap Fee Due: 1

Zoning

Resid Single Family: 1

Financing

Conventional: 1 FHA: 1 VA: 1

None

Current Price: $553,000

Status Change Info

Status: Active

Location Tax and Legal

Street #: Lot 2 Street Name: Bay Magnolia Street Suffix: Lane Area: 19 - Point Washington State: FL Zip Code: 32459 County: Walton Project Name/Subdivision: BAY MAGNOLIA Parcel ID: 29-2S-19-24000-004-0050

Property Features

Lot Access: Gravel/Oyster Shell; Private Road Lot Features: Flood Insurance Req; Irregular; Survey Available; Wetlands; Within 1/2 Mile to Water; Wooded Zoning: Resid Single Family Waterfront: Bayou Waterview: Bayou Utilities: Lift Station; Public Water; Sewer Available; Tap Fee Due Financing: Conventional; FHA; VA

Listing Office: The Property Group 850 Inc

Last Updated: March - 14 - 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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