tomo logo

$3,199,900

Beds
7
Baths
5.5
sq ft
3,070

498 Eastern Lake Rd, Santa Rosa Beach, FL 32459

498 Eastern Lake Rd

Santa Rosa Beach, FL 32459

  • 55 days on market
Superbly located in the heart of Seagrove Beach, this seven-bedroom beach house has been fully renovated and expanded to create a multi-generational vacation home with stunning gulf and lake views. The meticulously designed layout combines with harmonious coastal decor to create a luxurious home exuding a comfortable contemporary vibe. Three floors include a private lock-off on the ground floor with its own guest rooms, living room and new kitchenette with quartz-topped dining island. It has ground-floor access and a private shady porch for alfresco living. Hardwood flooring and shiplap walls reflect the natural surroundings. The second floor accommodates the main dining and living areas which flow seamlessly outdoors onto the extensive wraparound deck.

Details

Property type

Single Family Residence

Est. home value

$2,919,229

Lot size

4,792 sq ft

Price per sq ft

$1,043

Year built

1996

Price History

10/29/2024
EmeraldCoast

EmeraldCoast #947344

Removed
$3,199,900
10/29/2024
EmeraldCoast

EmeraldCoast #961972

Listed
$3,199,900
09/25/2024
EmeraldCoast

EmeraldCoast #947344

Price change
$3,199,900
-1.39%

Schools & Community

Elementary school: 

Dune Lakes

Middle school: 

Emerald Coast

High school: 

South Walton

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

$1,978,056
Asking price
$3,199,900
Closing costs (~8% of asking)
-$255,992
Est. remaining loan balance
-$965,852
Cash to seller
$1,978,056

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

Seller’s Loan History

Lender

Renasant Bank

Loan start date

June 2021

Original loan amount

$1,205,000

Est. remaining balance

$965,852

Interest rate

2.3%

Loan type

New Conventional, 15 year

Seller

Gregory Robert Lochard and Anne E Lochard

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

New
EmeraldCoast
$3,550,000
7 bd
|
5.5 ba
|
5,068 sq ft
|
House

292 Williams St, Santa Rosa Beach, FL 32459

EmeraldCoast
$2,995,000
7 bd
|
8 ba
|
4,017 sq ft
|
House

32 Cote Dazur Dr, Santa Rosa Beach, FL 32459

Price drop
EmeraldCoast
$2,895,000
7 bd
|
7 ba
|
3,716 sq ft
|
House

335 Eastern Lake Rd, Santa Rosa Beach, FL 32459

Status: Active

Tomo last checked: 12/23/2024 at 1:15 AM

Listing updated: 11/14/2024 at 12:18 PM

Listed by: Nina D McCaslin-Horn, Nina D McCaslin-Horn, Nina D McCaslin-Horn, Nina Mccaslin-horn, Nina Mccaslin-horn, Nina Mccaslin-horn, Scenic Sotheby's International Realty Phone #: (850) 231-6052

MLS: EmeraldCoast #961972

EmeraldCoast logo