tomo logo

$3,795,000

Beds
5
Baths
5.5
sq ft
3,550

20 Garfield St, Santa Rosa Beach, FL 32459

20 Garfield St

Santa Rosa Beach, FL 32459

  • 53 days on market
    • Price drop $54,000↓
Positioned along the serene shores of Western Lake, this exceptional residence in Grayton Landing offers an unparalleled coastal lifestyle. Designed with both elegance and functionality in mind, this 3,550-square-foot home provides breathtaking lake views from every floor, a private boat slip and effortless access to the Gulf of Mexico. The second floor serves as the heart of the home, featuring an open-concept living area designed for entertaining. A chef's kitchen showcases solid wood cabinetry, quartz countertops, a Wolf 36-in. gas range and a built-in Sub-Zero refrigerator, while a covered porch extends the living space for seamless indoor-outdoor dining. The primary suite offers a custom-built walk-in closet and an en suite bath complete with dual vanity sinks, multiple showerheads and a freestanding tub. On the third floor, three additional bedrooms boast ensuite baths, including a second primary suite with a private porch and spa-inspired bath. The fourth floor is designed for entertainment and relaxation, with a sunlit bunkroom, a second living area with a wet bar and an open porch with durable Trex decking. Located within a gated enclave of just six residences, this home includes access to exclusive amenities such as a lakeside pool, outdoor kitchen, private boat dock with assigned slips and 175 feet of frontage on Western Lake. A five-minute walk leads to the gulf's pristine white sands, making this property a perfect choice for those seeking a vacation retreat or investment opportunity. *Buyer to verify dimensions, assessment fees, and all items of importance.*

Details

Property type

Single Family Residence

Est. home value

$3,726,518

Lot size

6,098 sq ft

Price per sq ft

$1,070

Year built

2019

Monthly HOA fee

$715

Price History

03/19/2025
EmeraldCoast

EmeraldCoast #968129

Price change
$3,795,000
-1.4%
02/08/2025
EmeraldCoast

EmeraldCoast #968129

Listed
$3,849,000
+87.76%
11/30/2020
EmeraldCoast

EmeraldCoast #753713

Sold
$2,050,000

Schools & Community

Elementary school: 

Dune Lakes

Middle school: 

Emerald Coast

High school: 

South Walton

Community features: 

Gated, Pool

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

$2,011,956
Asking price
$3,795,000
Closing costs (~8% of asking)
-$303,600
Est. remaining loan balance
-$1,479,444
Cash to seller
$2,011,956

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

Seller’s Loan History

Lender

Whitney Bank

Loan start date

November 2020

Original loan amount

$1,640,000

Est. remaining balance

$1,479,444

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Chad M Watts

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?

Similar Homes Nearby

Sold
EmeraldCoast
$3,600,000
5 bd
|
6.5 ba
|
4,075 sq ft
|
House

196 Wood Beach Dr, Santa Rosa Beach, FL 32459

Price drop
EmeraldCoast
$3,795,000
5 bd
|
5.5 ba
|
3,356 sq ft
|
House

178 Bluejack St, Santa Rosa Beach, FL 32459

Price drop
EmeraldCoast
$3,825,000
5 bd
|
5.5 ba
|
3,833 sq ft
|
House

397 E Royal Fern Way, Santa Rosa Beach, FL 32459

Status: Active

Tomo last checked: 04/02/2025 at 4:35 PM

Listing updated: 03/19/2025 at 9:01 AM

Listed by: Ronald J Hefner, Ronald J Hefner, Ronald J Hefner, Ronald J Hefner, Ronald J Hefner, Ron J Hefner, Scenic Sotheby's International Realty Phone #: (850) 231-6052

MLS: EmeraldCoast #968129

EmeraldCoast logo