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$4,695,000

Beds
7
Baths
8.5
sq ft
6,234

15 Louva Ln, Santa Rosa Beach, FL 32459

15 Louva Ln

Santa Rosa Beach, FL 32459

  • 10 days on market
We proudly present for the first time this stunning 7 bedroom, 2 bunk space, and 9 bathroom property. With rental income projections exceeding $300,000 annually, this spacious retreat is designed to accommodate up to 27 guests, ensuring everyone can vacation together and create unforgettable memories. On the first floor, you'll find two inviting bedrooms, including a master suite with a luxurious private bathroom featuring a stand-alone tub and separate tile shower. The second bedroom offers a comfortable queen-size bed. Additionally, the custom built-in twin over twin bunk beds in the bunk space provide a delightful sleeping arrangement for guests. Two bathrooms are conveniently located on this floor, and the arcade games guarantee entertainment for all ages. For your convenience, an elevator is available on the first floor, making it easy to access the second and third floors. The second floor boasts a dream kitchen equipped with two dishwashers, two microwaves, an oven with a separate warming tray, and a commercial-size fridge and freezer. The spacious living and dining area provides ample seating for your entire group to gather and enjoy each other's company. Two more bedrooms on this floor feature king beds and private ensuite bathrooms, while a half bath completes the level. On the third floor, a cozy and spacious second living room awaits, featuring an extra-large sectional couch. Three additional arcade games add to the fun, complementing the unique bunk space with custom built-in beds that comfortably sleep nine guests. Three more bedrooms and three bathrooms round out the accommodations on this floor. The "Louva Shack" goes above and beyond by offering three sets of washers and dryers, ensuring laundry is a breeze. Step outside to your own private oasis, complete with a built-in grill, beverage fridge, and sink, allowing you to enjoy outdoor cooking and entertainment. The large wall-mounted TV enhances your pool and hot tub experience, providing the perfect setting to relax and watch your favorite game (pool and hot tub can be heated for an additional fee). Located in the Gulf Place area, you'll find everything you need within a short walk. Indulge in delicious meals at Shunk Gulley, savor a cup of coffee at Sunrise Coffee, enjoy a refreshing beer at Growler Garage, treat your family to pizza at Pizza By The Sea, and satisfy your sweet tooth with ice cream from Pecan Jacks. The designated beach access, Ed Walline Public beach access, is just a 5-minute walk or a quick drive away, offering parking, bathrooms, and showers.

Details

Property type

Single Family Residence

Est. home value

$2,050,115

Lot size

Unknown

Price per sq ft

$754

Year built

2022

Price History

11/12/2024
EmeraldCoast

EmeraldCoast #962871

Listed
$4,695,000
+46.72%
10/14/2022
EmeraldCoast

EmeraldCoast #888508

Sold
$3,200,000
+367.15%
10/31/2019
EmeraldCoast

EmeraldCoast #812124

Sold
$685,000

Schools & Community

Elementary school: 

Van R Butler

Middle school: 

Emerald Coast

High school: 

South Walton

Seller’s Loan History

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

Lender

Rabun County Bank

Loan start date

February 2023

Original loan amount

$1,250,000

Est. remaining balance

$1,192,009

Interest rate

6.27%

Loan type

Not Provided, 20 year

Seller

Ad Property Management Llc and 50 Carefree Llc

Lender

Rabun County Bank

Loan start date

October 2022

Original loan amount

$850,000

Est. remaining balance

Not provided

Interest rate

5.55%

Loan type

Future Advance Clause / Open End Mortgage, 20 year

Seller

Ad Property Management Llc and 50 Carefree Llc

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: 11/22/2024 at 8:55 PM

Listing updated: 11/14/2024 at 12:17 PM

Listed by: Michael B Savage, Michael B Savage, Engel & Volkers 30A Beaches Phone #: (850) 213-2800

MLS: EmeraldCoast #962871

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