Discover a one of a kind 5 bedroom, 5 bathroom income producing masterpiece in sought after Grayton Beach. This home that exceeds expectations of modern luxury meticulously designed with unparalleled attention to detail and style. Revel in the truly amazing outdoor living areas, including one of the largest private swimming pools in Grayton Beach, full cabana bath, outdoor surround sound, and beautiful balconies and porches. This is the ultimate family vacation home featuring three master suits (one main level, and 2 upper level), each one with their own custom marble en-suite baths. Top of the line appliances, custom lighting and plumbing fixtures throughout make this a must see home. Call today for more information!
Single-familyProperty Type
1986Year Built
6,969 sq ftLot Size
$1,062Est. Price/Sq.Ft.
Listed by Jo Stewart & Tanner Peacock Team Stewart/Peacock• Scenic Sotheby's International Realty
Bought with Keith Flippo• The Premier Property Group Seacrest Office
Discover a one of a kind 5 bedroom, 5 bathroom income producing masterpiece in sought after Grayton Beach. This home that exceeds expectations of modern luxury meticulously designed with unparalleled attention to detail and style. Revel in the truly amazing outdoor living areas, including one of the largest private swimming pools in Grayton Beach, full cabana bath, outdoor surround sound, and beautiful balconies and porches. This is the ultimate family vacation home featuring three master suits (one main level, and 2 upper level), each one with their own custom marble en-suite baths. Top of the line appliances, custom lighting and plumbing fixtures throughout make this a must see home. Call today for more information!
NAMLS #802496
Oct 9, 2018
Listing Removed
—
Jul 6, 2018
Listed
$1,899,500
$738/sq ft
ECAR #762159
May 2, 2017
Sold
$651,000
$253/sq ft
Oct 7, 2016
Listed
$699,000
$271/sq ft
NAMLS #534035
Dec 10, 2010
Listing Removed
—
Mar 11, 2010
Listed
$695,000
$270/sq ft
Public Records
Mar 1, 1979
Sold
$9,000
$3/sq ft
Public Records
Jul 1, 1977
Sold
$13,600
$5/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$16,756 (−0.3%)
2024
$16,806 (+7.7%)
2023
$15,597 (+7.3%)
2022
$14,542 (+28.9%)
2021
$11,285 (+17.1%)
2020
$9,640 (+15.1%)
$437,750 + $527,908
$965,658
2019
$8,375 (+79.9%)
2018
$4,656 (−0.5%)
$378,525 + $88,393
$466,918
2017
$4,681 (+11.6%)
$350,000 + $132,914
$482,914
2016
$4,194 (+3.8%)
$287,409 + $131,776
$419,185
2015
$4,042 (+405.9%)
$268,606 + $129,066
$397,672
2014
$799
Tax history for 138 Magnolia St
Year
Property tax
Land + Additions
Assessment*
2025
$16,756 (−0.3%)
2024
$16,806 (+7.7%)
2023
$15,597 (+7.3%)
2022
$14,542 (+28.9%)
2021
$11,285 (+17.1%)
2020
$9,640 (+15.1%)
$437,750 + $527,908
$965,658
2019
$8,375 (+79.9%)
2018
$4,656 (−0.5%)
$378,525 + $88,393
$466,918
2017
$4,681 (+11.6%)
$350,000 + $132,914
$482,914
2016
$4,194 (+3.8%)
$287,409 + $131,776
$419,185
2015
$4,042 (+405.9%)
$268,606 + $129,066
$397,672
2014
$799
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
2
Lot width
5 ft.
Lot depth
14 ft.
Lot size
6,969 Sq. Ft.
Year renovated
2018
Sq. Ft.
2,493
Year built
1986
Style
Single Family Residential
County
Walton County
APN
173S19250200160170
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 9, 2026.
RP
Residential Preservation District
This district consists primarily of subdivisions existing as of November 7, 1996, approved development projects which are vested or built out, or recorded platted subdivisions that have infrastructure in place and are substantially built out.
Permitted uses
Include but are not limited to:
No uses permitted by right
Property details
Interior
Bedroom Information
Bedrooms: 5
Bedroom: First, Second
Master Bedroom: Second
Bathroom Information
Full Baths: 5
Half Baths: 0
Total Baths: 5.00
Master Bedroom/Master Bath: MBath Double Vanity, MBath Separate Shwr
Room Information
Rooms: Bedroom, Dining Room, Family Room, Kitchen, Living Room, Master Bedroom, Utility Room
Utilities: Electric, Gas - Natural, Public Sewer, Public Water, Sewer Available, TV Cable
Energy: AC - Central Elect, Ceiling Fans, Heat Cntrl Electric, Storm Windows
Location
School Information
Elementary School: Van R Butler
Middle School: Emerald Coast
High School: South Walton
Location Information
Sub Area: 1705 - South of 30A West Beaches
Area: 17 - 30A West
Street #: 138
Street Name: Magnolia
Street Suffix: Street
City: Santa Rosa Beach
County: Walton
State: FL
Zip Code: 32459
Project Name/Subdivision: GRAYTON BEACH
Absolute Longitude: 86.16793
Longitude: -86.16793
Latitude: 30.331852
Directions: Take 283 South off 30A (Grayton Beach), veer right on Magnolia at the stop sign and home is down on the right of Magnolia and Grayton Oaks Ave.
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 2,493
Stories: 2.0
Lot Size: 6,969 square feet
Style: Single Family Residential
Year Built: 1986
Year Renovated: 2018
County: Walton County
APN: 173S19250200160170
Home facts updated by county records on Sep 8, 2026
Other
Listing Price Information
List Price: 1795000.00
List Price/SqFt: 697.09
Property Information
Apx SqFt(Htd/Cooled): 2575.00
Design: Beach House
Sub-Type: Detached Single Family
Listing Information
Immediate Occupancy: Immediate Occupancy
Around this home
Schools
Dune Lakes Elementary School
Public K-5 • Assigned • 5.6mi
10/10
Emerald Coast Middle School
Public 6-8 • Assigned • 3.7mi
8/10
South Walton High School
Public 9-12 • Assigned • 3.4mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
8/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
4/10 Fire Factor
0.93% chance of being in a wildfire in next 30 years
10/10 Heat Factor
7 days above 105° expected this year, 23 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Santa Rosa Beach, FL • 32459
Average low and high temperatures (°F)
59
43
65
52
71
57
76
64
80
70
86
76
88
79
86
77
86
72
79
66
73
59
64
50
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.4 hours in
June and 5.4 hours in December, placing it above the
U.S. average for solar exposure.
9.4 hrs
5.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$2.60M – $3.14M
Reach more buyers when you sell with Redfin. Save up to $27,337 in fees.3 minutes to get started.
Get a free, detailed breakdown of how we calculated your estimate.