Luxury Bayfront Home with 120 ft on the water. High and dry custom build by Arthur Rutenberg and completely updated in 2021. Over a million in renovations including all new windows, all new flooring, kitchen, baths, etc. Nothing was overlooked. One story home with open floor plan, two spacious living areas, dining room plus a bonus room that could be used as a 4th bedroom or office. Beautiful outdoor living space with screened lanai, heated pool and spa controlled by indoor computer system. Large driveway with an oversized 3 car garage with storage space and an additional washer/dryer. Private all new dock with 2 boat lifts, the larger rated for 28,000 lbs. and 2 jet ski lifts. One HVAC system was replaced in 2018, the other is new. This is waterfront living at its finest!
Single-familyProperty Type
1999Year Built
0.77 acresLot Size
$928Price/Sq.Ft.
$76/moHOA Dues
3 car garageParking
Listed by Brent Winjum• Aquatic Resort Properties Inc
Est. $5,437 per month, based on comparable rentals
Sale and tax history for 388 E Shipwreck Rd
Sale History
Tax History
Date
Event
Price
ECAR #993971
Mar 26, 2026
Sold
$2,700,000
$928/sq ft
Mar 17, 2026
Pending
—
Mar 6, 2026
Pending
—
Jan 29, 2026
Listed
$2,895,000
$995/sq ft
ECAR #973124
Sep 26, 2025
Price Changed
$2,895,000
$995/sq ft
Aug 8, 2025
Price Changed
$2,995,000
$1,029/sq ft
Aug 8, 2025
Relisted
—
Apr 4, 2025
Listed
$3,150,000
$1,082/sq ft
ECAR #946224
Apr 2, 2024
Listed
$3,150,000
$1,082/sq ft
ECAR #935111
Oct 22, 2023
Listed
$3,750,000
$1,289/sq ft
NAMLS #816462
May 15, 2019
Sold
$867,500
$298/sq ft
May 15, 2019
Sold
$867,500
$298/sq ft
Feb 19, 2019
Listed
$899,000
$309/sq ft
ECAR #593765
Dec 18, 2013
Sold
$735,000
$253/sq ft
Dec 18, 2013
Sold
$735,000
$253/sq ft
Mar 26, 2013
Listed
$769,000
$264/sq ft
NAMLS #546851
Dec 22, 2010
Sold
$640,000
$220/sq ft
Dec 22, 2010
Sold
$640,000
$220/sq ft
Oct 17, 2010
Listed
$699,000
$240/sq ft
Oct 17, 2010
Listed
$699,000
$240/sq ft
Public Records
Sep 4, 1998
Sold
$195,000
$67/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$12,006 (+11.5%)
2024
$10,769 (+4.7%)
2023
$10,282 (+7.5%)
2022
$9,569 (+24.1%)
2021
$7,710 (+7.2%)
2020
$7,190 (+3.4%)
$350,364 + $369,875
$720,239
2019
$6,955 (+6.0%)
$336,888 + $363,398
$700,286
2018
$6,561 (+7.5%)
$323,930 + $334,055
$657,985
2017
$6,106 (+1.5%)
$314,496 + $301,535
$616,031
2016
$6,013 (−1.1%)
$302,400 + $298,571
$600,971
2015
$6,078 (+11.2%)
$319,200 + $292,315
$611,515
2014
$5,464
Public record
Public record
Zoning
Permits
Beds
3
Baths
3
Stories
1
Lot width
11 ft.
Lot depth
30 ft.
Lot size
0.77 Acres
Year renovated
1999
Sq. Ft.
2,910
Year built
1999
Style
Single Family Residential
County
Walton County
APN
112S214201000L0150
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 26, 2026.
CC
Coastal Center District
This district is primarily residential, allowing medium residential densities and supporting uses. All development is required to be connected to a public water and sewer system.
Permitted uses
Include but are not limited to:
Bank
Day care facility
Housing-Single unit
Housing-Multiple units
Mixed use building
Office
Medical office
Educational/school
Library
Museum / gallery
Oct 30, 2023 • Final
Residential remodel - interior and exterior permit - licensed contractors only
Remodel
May 18, 2022 • Final
Residential remodel - interior and exterior permit - licensed contractors only
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.