Buy this Grayton Beachfront Home - then Crush It?
Posted by Destin Real Estate Sales on Thursday, December 19th, 2019 at 10:35am.
Once upon a time the stretch of shimmering crystalline white shoreline along County Road 30A was relatively undiscovered. The forgotten village of old Grayton Beach was there and so was Seagrove Beach but otherwise you could drive for miles and see nothing but sand dunes, forests and the beautiful beach. This all changed in the early 1980’s when Seaside made its splash and received international recognition for ushering in pedestrian friendly new urban architectural designs for towns. This was followed by a score of other picture perfect coastal villages which have become among the most sought after shorelines in the nation. Thousands of acres along this route are permanently preserved as part of the Point Washington State Forest and State Parks like Topsail, Grayton Beach and Deer Lake. Demand fueled soaring prices due to a relatively limited supply. Today the price of homes along what is now called Scenic 30A averages over one million dollars.
The most coveted properties are right on the gulf and this is one of them located at 79 Lupine Road with a Santa Rosa Beach postal address that is actually part of the old historic village of Grayton Beach. This little town was originally established in the late 1800s but “went to sleep” for many decades until it became rediscovered. It has a timeless feel of golden years gone by with a unique gallery, some specialty shops and a couple of restaurants with lively bars. One of them, famously known as The Red Bar, is being rebuilt and features live music along with great food. All are within easy walking distance in this small village.
This beach home is on almost one acre of land at the very end Lupine Road and has an amazing 100 linear feet of frontage on the gulf. This is also one of only seven gulf front homes in the entire village of Grayton Beach. It is steps away from Grayton Beach State Park which was recently listed as one of the most beautiful beaches in America as reported by Forbes Magazine.
This four bedroom home encompasses 2,072 square foot and has just received extensive renovations and has been filled with new comfortable furnishings that exudes casual coastal elegance throughout its interior. The open floor plan and generous outdoor space is ideal for fun family gatherings or reunions among good friends at the beach. It can also double as a great vacation rental investment property since all the new furnishings are included with the purchase price. Vacation rental properties along Scenic 30A and especially in this part of Grayton Beach are highly desirable and can generate lucrative income for fortunate buyers.
The spacious Great Room incorporates a large area for living, dining and cooking since the combination seamlessly blends into the updated state of the arts kitchen.
The home's wide expanse of windows features captivating views from almost every room and flood the home with an abundance of bright natural light. A vaulted white shiplap ceiling soars above this room and accentuates its spaciousness. A comfortable seating ensemble near a row of windows overlooking the gulf include two couches and two armchairs draped in tropically inspired creamy white slip covers. A long low rectangular ebony black drink table with side drawers serves as a striking accent piece. They face an extra wide wall mounted TV for entertainment perched above a fashionable vintage modern credenza.
Glass doors lead to a furnished screened porch along with a nice sized open deck that provide the perfect setting to enjoy favorite drinks while experiencing stunning sensational views of the jewel toned gulf.
A recently completed ramp and three sets of stairs provides easy access to your private sugar white beach.
A dining table near another set of gulf view windows includes seating for eight around a rustic country table.
The open kitchen which features white custom cabinetry and new stainless steel appliances has comfortable bar seating for six more.
The Master Bedroom and one of the Guest Bedrooms have private en suite baths as well as gulf views.
The Master Bath include double vanities, a long deep soaking tub and glass walled shower. Two other nicely appointed Guest Bedrooms share full bath while an additional powder room half bath is off the living area.
This unrivaled one of a kind beachfront property has room for expansion and the addition of a large swimming pool. It also has received a DEP permit for the construction of a new home since many other homes in this neighborhood are quite large. The .83 acreage and 100 linear foot wide gulf frontage allows for a three story house encompassing 5,959 square feet with 7 bedrooms, 7.5 bathrooms and a large gulf front swimming pool. The generous building envelope provides for a spacious open concept living/ dining/ kitchen area, a Master Suite and a Guest Suite all on the main floor which smaller gulf front lots do not allow.
This property is priced at $5,850,000. Currently there are 39 gulf front homes for sale along Scenic 30A priced from $1,825,000 for a 784 square foot cottage in Seaside up to $12,750,000 for a 7,154 square foot villa in Seagrove Beach. There are 13 gulf front lots for sale along Scenic 30A priced from $2,099,000 for .43 acres in Santa Rosa Beach up to $7,500,000 for a 1.2 acre parcel at Dune Allen Beach.
For detailed information and a Comparative Market Analysis of all properties currently for sale or those that have already sold contact our Ocean Reef Real Estate office at 877-392-6085. If you are interested in finding a vacation rental property for investment we can also provide valuable professional vacation rental estimates for gross annual income revenue from Ocean Reef Resorts, our highly respected rental property management division. These figures are available on the rental history of private residences as well as condominiums located in Destin, Miramar Beach, along Scenic 30A and Panama City Beach. We’re here to help!