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$4,750,000

Beds
5
Baths
5.5
sq ft
4,980

459 Western Lake Dr, Santa Rosa Beach, FL 32459

459 Western Lake Dr

Santa Rosa Beach, FL 32459

  • 433 days on market
    • Price drop $200,000↓
An exceptional WaterColor property, with all the trappings of a custom built home, welcome you to 459 Western Lake Drive. This large and tranquil home, conveniently located close to town center, was meticulously constructed replete with amenities. Spanning 3 stories served by an elevator, and a lookout tower, the home has no shortage of space. The main house features a master suite on the first level, as well as two additional guest rooms, and a bunk-style bedroom room for 3 or more. On arrival to the second level is a large kitchen and breakfast area. A small balcony off of the kitchen is outfitted with a gas grill. Continuing through the second level, there are two formal dining areas and a large open living space. The screened porch features one of two fireplaces for the home, and extends the house's entertaining area -especially for those classic beach evenings. Off of the main living space is an office retreat, with its own balcony and private views of nature. A half bath and a wet bar give versatility to the already generous entertaining space. A full bath on the 3rd floor, just off of the home's private theater, means additional guests will be comfortable using the bonus room for sleeping when needed. Serene northerly views of Western Lake from the 3rd and 4th level add to the ambiance and experience in this enviable resort home. A carriage house suite with a private bedroom, separate living room, and full kitchen round out the indoor living of the property. While, immediate access to walking trails and a large rear deck mean there is so much more to this home than its high ceilings, master-level carpentry, and endless spaces.

Details

Property type

Single Family Residence

Est. home value

$5,242,392

Lot size

Unknown

Price per sq ft

$954

Year built

2006

Monthly HOA fee

$554

Price History

12/04/2024
EmeraldCoast

EmeraldCoast #934746

Price change
$4,750,000
-4.04%
10/17/2023
EmeraldCoast

EmeraldCoast #934746

Listed
$4,950,000
+70.69%
09/06/2019
EmeraldCoast

EmeraldCoast #810212

Sold
$2,900,000

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

The Northern Trust Co

Loan start date

August 2015

Original loan amount

$2,025,000

Est. remaining balance

Not provided

Interest rate

2.75%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Daniel J Murphy and Betsy Murphy

Lender

Washington Mutual Bank Fa

Loan start date

April 2007

Original loan amount

$2,880,000

Est. remaining balance

Not provided

Interest rate

7.5%

Loan type

Negative Amortization, 30 year

Seller

Daniel J Murphy and Betsy Murphy

Lender

Washington Mutual Bank

Loan start date

April 2007

Original loan amount

$220,000

Est. remaining balance

Not provided

Interest rate

5.9%

Loan type

Credit Line (Revolving), 30 year

Seller

Daniel J Murphy and Betsy Murphy

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: 12/23/2024 at 6:15 AM

Listing updated: 12/04/2024 at 10:29 AM

Listed by: Robert Weil, Robert Weil, Robert Weil, Robert Weil, Robert Weil, Robert Weil, Robert Weil, Compass Phone #: (305) 851-2820

MLS: EmeraldCoast #934746

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