480 Sugar Dr, Santa Rosa Beach, FL 32459
- $1,250,000
- 5
- BD
- 5
- BA
- 4,790
- SqFt
- Sold Price
- $1,250,000
- List Price
- $1,394,000
- Closing Date
- Jan 24, 2025
- Days on Market
- 229
- MLS#
- 951891
- Status
- CLOSED
- Type
- Single Family Residential
- Subtype
- Detached Single Family
- Bedrooms
- 5
- Bathrooms
- 5
- Full Bathrooms
- 5
- Living Area
- 4,790
- Lot Size
- 53,143
- Neighborhood
- 1701 - Santa Rosa Beach S of 98 West of 393
Property Description
Recent interior painting ensures a fresh aesthetic, and the seller is now offering a $20,000 concession at closing! Main AC and apartment AC above the garage were replaced in 2024. Upstairs AC was replaced in 2021. This stunning lakefront estate, situated on over an acre of meticulously landscaped grounds, boasts of 200 feet of pristine waterfront and offers a prime investment opportunity. The property's potential for development into a bed and breakfast or yoga retreat is substantial. Priced under $300 per square foot, this exceptional property presents a unique opportunity for renovation and value enhancement. Upon entering, discover an entertainer's paradise, complete with a grand horseshoe drive that sets the tone for an unforgettable lakeside experience. The first floor features a cozy day room with a fireplace, a theater room, and a well-appointed kitchen with a chef-inspired design. The primary suite serves as a serene oasis, complete with a king-sized bed, separate sitting areas, and a luxuirous en-suite bath. Three additional guest bedrooms and a private pied-a-terre above the garage provide comfort and privacy for all guests. Outdoor amenities include an oversized, screened-in pool, a freshwater lake, and a freestanding hot tub. The property's lack of an HOA provides new owners with the freedom to add any additional amenities they desire.
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Additional Information
- Acres
- 1.22
- Appliances
- Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Ice Maker, Electric Range, Washer, Electric Water Heater
- Style
- Traditional
- Elementary School
- Van R Butler
- Exterior Features
- Private Yard, Hot Tub, Irrigation Pump, Pool, Outdoor Shower, Sprinkler System, Outdoor Living Area
- High School
- South Walton
- Interior Features
- Breakfast Area, Bookcases, Beamed Ceilings, Crown Molding, Vaulted/Cathedral Ceilings, Recessed Lighting, Lock Out, Pantry, Attic Stairs Pulldown, Shelving, Media Room, Wallpaper, Walls Mirrored, Wainscoting, Bar-Wet, Newly Painted, Natural Woodwork
- Legal Description
- LOTS 12 & 13 BLK A PHASE I OF SHORTLINE LAKE EST PB 7 PG 49 OR 648-90 OR 949-311 OR 1974-407 OR 2840-4355 OR 2857-4942
- Lot Features
- Other
- Middle School
- Emerald Coast
- Neighborhood
- 1701 - Santa Rosa Beach S of 98 West of 393
- Community Features
- Beach Access, Boat Launch, Fishing, Picnic Area
- Stories
- 2
- Subdivision
- Shortline Lake Estates
- Utilities
- Electricity Available, Phone Available, Cable Available
- Waterfront Features
- Lake Front
- View
- Lake
- Year Built
- 1990
- Zoning
- Resid Single Family
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Listing courtesy of Keller Williams Realty Destin. Selling Office: .
Vendor Member Number : 28166