Highly desired Driftwood Estates community! Known for its larger lot sizes and proximity to both the bay and Gulf beaches, this home sits on 0.57 acres and features an open floor plan with tile flooring throughout, plus a bright glass-enclosed sunroom that provides additional flexible living space. Behind the property sits the neighborhood park, complete with a paved track, tennis and basketball courts, and playground. This offers serene open green views from the backyard and a peaceful backdrop just across the lake. The master suite serves as a private retreat, featuring an oversized bathroom with his-and-hers vanities, a separate walk-in shower, a jetted tub, his-and-hers closets, and a linen closet. The formal dining room has been converted into a playroom or nursery area. Plenty of space for everyone! Roof and water heater are original to the home, price reflects these components. Bring your personal touches and updates to this excellent opportunity for a primary residence, second home, or long-term investment in one of South Walton's most established communities! Images shown have been AI-enhanced for better visualization. Call or text Ashley for showings 850-814-9353 Agent is related to seller
Santa Rosa Beach, located between Grayton Beach State Park and Seaside, is a coastal and low-rise Miramar Beach neighborhood with dune-backed shorelines and pine-flatwood trails. The neighborhood’s character concentrates around the 30A corridor near the County Highway 393 junction, where bike traffic, beach cruisers, and small storefronts set a relaxed, design-forward pace. Architectural cues lean toward coastal cottages and contemporary beach homes with deep porches and metal roofs. Gulf views and rare coastal dune lakes shape daily rhythms, with boardwalks and trailheads threading through scrub and sand. Community pillars include The REP Theatre in Seaside, the open-air E.O. Wilson Park, and the long-running Grayton Beer Company taproom.
Provided by Walk Score and Local Logic
Offer insights
587 E Shipwreck Rd · $569,500
$569K and above
75% chance or better to win
Why $569K+ is a strong offer
DAYS ON MARKET
52 days
The average home goes pending in 86 days.
SALE-TO-LIST
97.4%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Breakfast bar
Fireplace
Washer/dryer hookup
Window treatments
Unfurnished
Bedrooms
4 bedrooms
Primary bedroom on the first floor with double vanity, garden tub, tile finishes and walk-in closet
Bathrooms
2 full bathrooms
Kitchen
Dishwasher
Disposal
Refrigerator
Laundry & utility
Washer hookup
Dryer (appliance present)
Flooring
Tile flooring
Heating & cooling
Central heating
Central air
Ceiling fans
Electric heat control
Exterior features
Enclosed patio
Pond view
Survey available
Within 1/2 mile to water
Paved county road frontage
Home design
Single-story home (1 story)
Built in 2005
Architectural style: Other
Parking
2-car garage with garage door opener
8 driveway spaces
Construction
Concrete and brick construction
Shingle roof (not specified but typical for the construction era)
Utilities
Public water
Public sewer
Electric service
Phone available
TV cable available
HOA & community
Subdivision: DRIFTWOOD ESTATES
Community features include fishing
Electricity and solar
View estimated energy costs and solar savings for this home
New Brick home on 1/2 acre lot across the street from Choctawhatchee Bay. This large 4BR/2BA home has 2557 sq ft of heated and cooled space. There are designer cabinets, and ''solid surface counter tops''. Spacious master suite includes a large wardrobe and walk-in closet. This home is currently under construction. You will find this location superb. It is close to excellent shopping at the Silver Sands Factory Stores, excellent choice in grocery stores, and the many features of Sandestin Resort are only minutes away. Bond money for streets is approximately $1100 per year until 2015, and can be paid off sooner if buyer desires to do so. Capital contribution (new buyer fee) .25 of 1% of sales price. The community is building a swimming pool that is expected in the near future.
Year
Property tax
Land + Additions
Assessment*
2025
$2,507 (+2.1%)
2024
$2,455 (+4.1%)
2023
$2,359 (−0.3%)
2022
$2,367 (−1.1%)
2021
$2,395 (−1.6%)
2020
$2,434 (+3.2%)
2019
$2,358 (+1.8%)
2018
$2,316 (+2.8%)
2017
$2,254 (+1.4%)
2016
$2,222 (−0.8%)
2015
$2,241 (−0.5%)
2014
$2,253
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
1
Lot width
10 ft.
Lot depth
25 ft.
Lot size
0.57 Acres
Year renovated
2005
Finished Sq. Ft.
2,560
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,560
Year built
2005
Style
Single Family Residential
County
Walton County
APN
132S21421000000050
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 5, 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
Climate risks
4/10 Flood Factor
Estimated 14-20% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 104° expected this year, 22 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
0 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
88
78
85
74
79
66
73
59
64
50
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
86/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.2 hrs
6.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 587 E Shipwreck Rd
$549,591
$20K under list price of $570K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $468K to $915K.