498 Shelter Cove Drive, Santa Rosa Beach

$1,420,000

3 Beds
3 Baths
2,224 Sqft
.31 Acre
2 Garages

Bayfront Beauty with Custom Features & Breathtaking Views!

Don't miss this rare opportunity to own an award-winning, custom-built bayfront home with 85 feet of stunning waterfront. This 3-bedroom, 2.5-bath gem is designed for both comfort and style, featuring a spacious open floor plan, cathedral ceilings, and panoramic bay views that set the scene for peaceful living and elegant entertaining.

The gourmet kitchen boasts granite countertops, custom cabinetry, and plenty of space for gathering. Retreat to the master suite and enjoy your private slice of paradise with a tray ceiling, large walk-in closet, and a gorgeous view of the bay to wake up to every morning. This home is packed with premium upgrades, including:

WaterFurnace geothermal HVAC system
Storm shutters & 8-ft wind-rated garage door (perfect for oversized vehicles)
Whole-house generator
Built-in pest deterrent system
Irrigation and security systems
And for boating enthusiasts  there is a boat dock that comes equipped with a boat lift, making it easy to get out on the water at a moment's notice.

This home is the ideal blend of luxury, durability, and waterfront living. Schedule your private tour today and experience bayfront living at its finest!

Essential Information
MLS® #974724
Price$1,420,000
Sold Price$1,300,000
Date Sold$2026-04-30
Bedrooms3
Bathrooms3.00
Full Baths2
Half Baths1
Square Footage2,224
Acres0.31
Year Built2001
TypeResidential
Sub-TypeDetached Single Family
StyleContemporary
StatusSold
Community Information
Address498 Shelter Cove Drive
Area16 - North Santa Rosa Beach
SubdivisionPelican Bay
CitySanta Rosa Beach
CountyWalton
StateFL
Zip Code32459
Amenities
ParkingGarage Door Opener
# of Garages2
ViewBay
Is WaterfrontYes
WaterfrontBay
Utilities

Electric, Public Water, Septic Tank, TV Cable

Interior
HeatingGeothermal
# of Stories2
Interior Features

Central Vacuum, Tray Ceiling(s), Vaulted Ceiling(s), Washer/Dryer Hookup

Appliances

Dishwasher, Dryer, Refrigerator, Washer

Exterior
Exterior FeaturesSprinkler System
ConstructionStucco
Lot Description

Dead End, Within 1/2 Mile to Water

School Information
ElementaryVan R Butler
MiddleEmerald Coast
HighSouth Walton
Additional Information
Days on Website544
ZoningResid Single Family
Listing Details
OfficeRealty ONE Group Emerald Coast
Property History
Price Reduced from $1,500,000 to $1,420,000
Price Reduced from $1,599,000 to $1,500,000
Price Reduced from $1,750,000 to $1,599,000
LISTING MAP

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DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.

Listing information last updated on October 14th, 2026 at 3:07pm CDT.