Lot 3 Bay Magnolia Lane, Santa Rosa Beach, FL 32459 (MLS# 998376)

Lot 3 Bay Magnolia Lane, Santa Rosa Beach, FL 32459

$1,070,000

Property Type: Land Lot Size (sq. ft.): 99,752 Status: Active

Current Price: $1,070,000 List Date: 3/19/2026 Last Modified: 3/26/2026

Overview

Description

(Photos Coming Soon) 1 of 4 lots available. Don't miss this rare chance to own a bayou front homesite in the serene Santa Rosa Beach, nestled within the Rosestar Subdivision off Bay Magnolia Lane. This stunning waterfront property spans 2.29 acres and allows for private boat slips, perfect for boating, kayaking, fishing, and fully embracing the coastal lifestyle right from your backyard. Situated on a private road with no HOA, you will enjoy the freedom to design and build with fewer restrictions. Up to 40% of the wetlands may be built upon, offering flexibility for future development while preserving the natural beauty of the surroundings. The Development Order is currently in progress and anticipated for completion in early June 2026, making this an ideal time to secure your piece of

Supplements: waterfront paradise. Over 36,000 square feet of buildable land.

Listing Details MLS# 998376

Contract Info

Listing Board: Emerald Coast
List Price/Acre: 467248.91

Location Tax and Legal

Street #: Lot 3
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

General Property Info

Sub-Type: Vacant Land
Acreage: 2.29

Waterfront

Waterfront Feet: 816
Bayou: Yes

More Information

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

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. Don't miss this rare chance to own a bayou front homesite in the serene Santa Rosa Beach, nestled within the Rosestar Subdivision off Bay Magnolia Lane. This stunning waterfront property spans 2.29 acres and allows for private boat slips, perfect for boating, kayaking, fishing, and fully embracing the coastal lifestyle right from your backyard. Situated on a private road with no HOA, you will enjoy the freedom to design and build with fewer restrictions. Up to 40% of the wetlands may be built upon, offering flexibility for future development while preserving the natural beauty of the surroundings. The Development Order is currently in progress and anticipated for completion in early June 2026, making this an ideal time to secure your piece of

Waterview

Bayou: Yes

Lot Features

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

Lot Access

Gravel/Oyster Shell: Yes
Private Road: Yes

Utilities

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

Zoning

Resid Single Family: Yes

Financing

Conventional: Yes
FHA: Yes
VA: Yes

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 - 26 - 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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