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$4,500,000

Beds
5
Baths
4.5
sq ft
3,774

261 Needlerush Dr, Santa Rosa Beach, FL 32459

261 Needlerush Dr

Santa Rosa Beach, FL 32459

  • 265 days on market
    • Price drop $175,000↓
This is it! The one you have been looking for! Situated at the corner of Needlerush and Scrub Oak, this home is the perfect mix of elegant updates and Watercolor charm. Featuring a newly constructed outdoor oasis with custom pool and pavered drive with ample parking and included is your own golf cart! On the first floor you will find 4 bedrooms and 3 full baths including the Master Suite. Second floor features the perfect space for entertaining. Chef's kitchen open to dining and huge living space with incredible beamed ceilings and tons of windows letting in all the natural light and surrounded by wrap around balcony and an additional bedroom, small office, and full bath. The 3rd floor includes a fun game room living/loft area with additional bunks for sleeping and a half bath. <CLICK MOR There is a small stairwell that leads to a lookout with 360' views of Watercolor. Take the included cart the short distance to the award winning Watercolor Beach Club, the Watercolor Boathouse, or Camp Watercolor to lounge in the lazy river and see why Watercolor is the most perfect vacation destination! This property is being sold fully furnished and ready to enjoy!

Details

Property type

Single Family Residence

Est. home value

$3,831,621

Lot size

6,534 sq ft

Price per sq ft

$1,193

Year built

2005

Monthly HOA fee

$554

Price History

06/27/2024
EmeraldCoast

EmeraldCoast #943001

Price change
$4,500,000
-3.74%
05/10/2024
EmeraldCoast

EmeraldCoast #943001

Price change
$4,675,000
-3.61%
02/23/2024
EmeraldCoast

EmeraldCoast #943001

Listed
$4,850,000
+51.56%

Schools & Community

Elementary school: 

Dune Lakes

Middle school: 

Seaside

High school: 

South Walton

Community features: 

Pool, Tennis Court(s)

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

Community First Bank

Loan start date

September 2023

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

6.96%

Loan type

Commercial, 3 year

Seller

Woodvale Investments Llc

Lender

Community First Bank

Loan start date

August 2022

Original loan amount

$3,240,000

Est. remaining balance

Not provided

Interest rate

5.78%

Loan type

Purchase Money Mortgage, 1 year

Seller

Woodvale Investments 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: 11/14/2024 at 8:50 PM

Listing updated: 11/14/2024 at 12:16 PM

Listed by: Dawn A Royall, Dawn A Royall, Linda Miller Real Estate LLC Phone #: (850) 974-8885

MLS: EmeraldCoast #943001

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