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$2,940,000

Beds
3
Baths
4.0
sq ft
2,496

782 Western Lake Dr, Santa Rosa Beach, FL 32459

782 Western Lake Dr

Santa Rosa Beach, FL 32459

  • 179 days on market
Welcome to 782 Western Lake Drive, a custom-designed coastal retreat in the coveted Lake District Phase I of Watercolor! Built by Ralph Gage Contracting with superior structural integrity, this stunning 3-bedroom, 4-bathroom home has been recently renovated to offer the ultimate luxury and comfort.Step inside through one of three elegant 10' custom Mahogany double doors to discover an open-concept living space with 11' ceilings, hardwood floors, and beautifully tiled baths. The updated kitchen boasts gorgeous countertops, custom-built cabinetry, and a seamless flow to the dining and living areas, which open onto a screened porch--perfect for entertaining indoors and out.The first-floor primary suite offers the convenience of single-level living. Upstairs, two additional bedrooms with private baths and a versatile bonus/media room provide ample space for family and guests. This home comfortably sleeps 10, making it ideal as a primary residence, vacation home, or rental property. Additional features include a two-car garage with enclosed storage, attic space, and sitting areas on both levels for cozy gatherings. Located in WaterColor's highly sought-after Phase I Lake District, this home is steps away from the beach, WaterColor Beach Club, tennis courts, the BoatHouse, and the vibrant Seaside town center. Residents enjoy various amenities, including Gulf-front and lakeside pools, nature trails, canoeing, and easy local shopping and dining access. Embrace the relaxed coastal lifestyle in one of WaterColor's most desirable neighborhoods, where muted color schemes blend seamlessly with the natural surroundings. Don't miss this rare opportunity to own a piece of paradise!

Details

Property type

Single Family Residence

Est. home value

$2,641,169

Lot size

Unknown

Price per sq ft

$1,178

Year built

2004

Monthly HOA fee

$596.67

Price History

11/25/2024
EmeraldCoast

EmeraldCoast #953243

Price change
$2,940,000
+7.3%
09/12/2024
EmeraldCoast

EmeraldCoast #953243

Removed
$2,740,000
06/26/2024
EmeraldCoast

EmeraldCoast #953243

Listed
$2,740,000
+115.75%

Schools & Community

Elementary school: 

Van R Butler

Middle school: 

Emerald Coast

High school: 

South Walton

Community features: 

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

$2,283,887
Asking price
$2,940,000
Closing costs (~8% of asking)
-$235,200
Est. remaining loan balance
-$420,913
Cash to seller
$2,283,887

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

Seller’s Loan History

Lender

The Citizens Bank

Loan start date

September 2021

Original loan amount

$1,150,000

Est. remaining balance

$420,913

Interest rate

2.8%

Loan type

Not Provided, 5 year

Seller

782 Western Lake Enterprises 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: 12/22/2024 at 11:15 AM

Listing updated: 12/19/2024 at 5:11 PM

Listed by: Tanner B Shehan, Latitude Resort Properties Phone #: (850) 225-0074

MLS: EmeraldCoast #953243

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