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$3,599,000

Beds
5
Baths
5.0
sq ft
3,466

120 Magnolia St, Santa Rosa Beach, FL 32459

120 Magnolia St

Santa Rosa Beach, FL 32459

  • 488 days on market
    • Price drop $251,000↓
Coming Back to Market with a $250K price drop! Fantastic Grayton Beach location! This lovely home features five bedrooms, a bunk room, and a separate office. Located only a short walk to the pristine beaches of the Gulf of Mexico. Enjoy beautiful views of the Gulf and Dune from the top porch. The spacious interior features two distinct living areas, a separate office, and the convenience of both primary and second-floor laundry facilities. This home seamlessly blends functionality with comfort. The king-sized beds in the main bedrooms and full-size bunks in the bunk rooms ensure ample space for family and guests. Multiple porches offer the perfect setting for morning coffee or sunset cocktails. The fenced-in private yard and heated pool provide a serene oasis, creating the ideal balance between relaxation and outdoor enjoymentSituated on a large corner lot with a one-car garage and ample parking, it is centrally located close to Grayton's eclectic restaurants and shops. Enjoy Grayton Beach and the 30A lifestyle from this beautiful home.

Details

Property type

Single Family Residence

Est. home value

$3,477,941

Lot size

Unknown

Price per sq ft

$1,039

Year built

2017

Price History

02/06/2025
EmeraldCoast

EmeraldCoast #937651

Price change
$3,599,000
-6.52%
11/01/2024
EmeraldCoast

EmeraldCoast #937651

Removed
$3,850,000
12/01/2023
EmeraldCoast

EmeraldCoast #937651

Listed
$3,850,000
+97.44%

Schools & Community

Elementary school: 

Van R Butler

Middle school: 

Emerald Coast

High school: 

South Walton

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,992,109
Asking price
$3,599,000
Closing costs (~8% of asking)
-$287,920
Est. remaining loan balance
-$1,318,971
Cash to seller
$1,992,109

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Capital City Home Loans Llc

Loan start date

October 2020

Original loan amount

$1,462,500

Est. remaining balance

$1,318,971

Interest rate

2.93%

Loan type

New Conventional, 30 year

Seller

Caroline Williams and John Nelson Williams

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 04/02/2025 at 4:30 PM

Listing updated: 02/06/2025 at 12:19 PM

Listed by: Brad Hilderbrand, Brad Hilderbrand, Brad Hilderbrand, Brad Hilderbrand, Brad Hilderbrand, Coastal Abode Phone #: (850) 246-1809

MLS: EmeraldCoast #937651

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