tomo logo

$1,750,000

Beds
4
Baths
4.5
sq ft
3,255

262 Lantern Ln, Destin, FL 32541

262 Lantern Ln

Destin, FL 32541

  • 136 days on market
    • Price drop $45,000↓
Outdoor Fireplace! Welcome to 262 Lantern Lane! This Southern-style inspired home, constructed in 2020, is nestled in Regatta Bay Preserve--a boutique neighborhood of only 21 lots w/in the gated golf community of Regatta Bay. The Savannah floor plan features 3,290 sq. ft. of heated & cooled living space, 4 bedrooms, 4.5 baths, and a 2nd-level flex space. The 1st floor boasts an open layout w/ a combined dining & living area, a gourmet kitchen equipped w/ top-of-the-line stainless appliances, quartzite counters, a center island, breakfast bar, and spacious walk-in pantry. The master suite includes an enormous walk-in closet and a master bathroom w/ dual vanity, a large garden tub, and a sizeable custom-tiled shower. Additionally, there is a guest half bath on the 1st floor. Click ''more'' The outdoor living area features a spacious screened wrap-around brick porch, a gas fireplace, a summer kitchen, and a private pool. The second floor houses a spacious flex area and three guest bedrooms, each featuring a private bathroom. One of these bedrooms can be regarded as a second master suite, given its generous size and exclusive balcony. Be sure to appreciate the exquisite designer details found in Savannah! These include wood flooring, custom solid wood cabinets and shelves, quartzite countertops, shiplap accent walls, brick flooring, a custom wet bar, and custom lighting fixtures. Legendary Home Builders constructs homes using the latest technology and only the highest quality materials and finishes. These include wind and impact-resistant windows, doors, and garage doors; foam spray insulation in the roof for superior energy efficiency; insulation in all interior walls for both energy efficiency and soundproofing; insulation between floors as a sound barrier; gas lanterns; stainless steel door hinges; custom wood shelving in all closets; Kohler plumbing fixtures; KBRS waterproofing systems in all showers for lasting integrity and durability; zoned air conditioning for maximum efficiency; Rinnai tankless water heaters; custom solid wood cabinets with soft-close hinges throughout; customizable smart home technology for homeowners; and LED lighting throughout the entire home. Regatta Bay boasts a blend of architectural styles and resort-like amenities, featuring an award-winning golf course complemented by a Golf Academy, a Country Club with various dining choices, Legendary Marine Boating, a Yacht Club, tennis courts, swimming pools, and jogging paths. It stands out as the sole community in Northwest Florida that combines waterfront living, beaches, golf, boating, and shopping in a single opulent setting.

Details

Property type

Single Family Residence

Est. home value

$1,824,787

Lot size

6,534 sq ft

Price per sq ft

$538

Year built

2020

Monthly HOA fee

$428.33

Price History

10/16/2024
EmeraldCoast

EmeraldCoast #954310

Price change
$1,750,000
-2.51%
07/10/2024
EmeraldCoast

EmeraldCoast #954310

Listed
$1,795,000
+48.41%
12/09/2020
EmeraldCoast

EmeraldCoast #850659

Sold
$1,209,525.54

Schools & Community

Elementary school: 

Destin

Middle school: 

Destin

High school: 

Fort Walton Beach

Community features: 

Gated, Pool, Tennis Court(s)

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

$1,286,121
Asking price
$1,750,000
Closing costs (~8% of asking)
-$140,000
Est. remaining loan balance
-$323,879
Cash to seller
$1,286,121

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

Seller’s Loan History

Lender

Independent Bank

Loan start date

February 2022

Original loan amount

$344,000

Est. remaining balance

$323,879

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Roy M Evans Jr and Stacy J Evans

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: 11/23/2024 at 9:00 AM

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

Listed by: Lindsey K Lynch, Lindsey Lynch, Lindsey Lynch, Lindsey Lynch, Legendary Realty LLC Phone #: (850) 337-8000

MLS: EmeraldCoast #954310

EmeraldCoast logo

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