368 Canal Street, Santa Rosa Beach

$1,295,000

3 Beds
2 Baths
1,704 Sqft
.28 Acre
2 Garages

Experience the charm and nature of Old Seagrove in this well maintained and cared for 3 bedroom, 2 bath cottage overlooking the Canal that flows to Western Lake. Paddle to Western Lake and Watercolor from your private boat launch. A ten-minute stroll will take you into Seaside where you can enjoy award-winning restaurants, unique shops and the ambiance of a quaint coastal village. Close enough to walk or bike to everything. Natural landscaping leads right up to the canal dock. 368 Canal is on a quiet Cul-de-Sac and offers the ultimate in privacy.
This home has been a vacation rental as On the Canal and is being sold furnished (with some exceptions) ) and is rental or Owner occupied ready. Experience the charm and nature of Old Seagrove in this well maintained and cared for 3 bedroom, 2 bath cottage overlooking the Canal that flows to Western Lake. Paddle to Western Lake and Watercolor from your private boat launch. A ten-minute stroll will take you into Seaside where you can enjoy award-winning restaurants, unique shops and the ambiance of a quaint coastal village. Close enough to walk or bike to everything...beach, galleries, fine cuisine, bike trails, markets, live theater, a family run bookstore, outdoor bazaars, and coffee shops. Natural landscaping leads right up to the canal dock. 368 Canal is on a quiet Cul-de-Sac and offers the ultimate in privacy.
This home has been a vacation rental as On the Canal and is being sold furnished (with some exceptions including Dining Table, Master Iron bed, artwork over Master Bed and Adirondack chairs on Master Balcony) and is rental or Owner occupied ready.
This home has been newly painted inside and out, and a metal roof installed in 2020. Central heat and air compressor replaced in 2024, replaced hot water heater and washer and dryer installed in 2021. The refrigerator is 2023, LG electric stove with smooth cook top and LG dishwasher are circ 2020.
First Floor: The main entrance into this home is a foyer in which you will find the laundry room with full capacity washer and dryer. Up a half flight of stairs and then back down a half flight is the first-floor den, bath and queen bedroom. New wood flooring on this level. The den offers space for a double sleeper sofa, side chairs and mini fridge. French doors open off this room to a covered porch with Adirondack seating. From this porch, you can view the peaceful canal. The queen bedroom has pocket doors to close it off from the den area and is outfitted with bedside tables and lamps and a large closet with built-in drawers. The first-floor bath is off the den area and has a vanity sink and shower.
The two-car garage connects to the Foyer and downstairs den.
Second Floor Common Areas: Up on the second floor, you will find the open kitchen, dining and living room all of which look out over the canal. Vaulted ceilings grace all rooms. Kitchen/dining area is tiled and living room/bedrooms have wood flooring. Quartz countertops and ample Oak cabinetry accent the kitchen. There are modern, newish (circ 2020 or newer) stainless appliances, including fridge with icemaker/door water dispenser, dishwasher, microwave and glass-top range. Breakfast bar wraps around and has the sink centered on it, allowing the chef to keep up with conversation in the living area. The dining area is adjacent to the kitchen and features room enough to have a dining table that seats six. There is a convenient grilling deck off the dining area. The comfortable Living room has room for a sofa, side chairs, coffee table and features a propane gas fireplace that is gas hook up ready. French doors lead from the living room to the screened porch which overlooks the canal, a perfect escape for the family.
Second Floor Bedrooms/Bathroom: The master bedroom with Trey Ceiling also has a private outdoor balcony overlooking the front of house. Large hall bath serves second floor and features a garden tub/shower with sky light and a double vanity sink with Quartz counter tops. The third bedroom has size for bed, side tables and has a closet.
Outside: Hot/cold outdoor shower. Parking for up to 4 cars in gravel driveway in addition to the two car garage. The home has a master bedroom balcony facing south and two covered porches (one screened) facing the Canal.
Beach Access: The beach is about a 10-minute walk down lovely oak canopied dirt roads of Old Seagrove via the Dogwood/Thyme Beach Access. Seaside is just around the corner. The Nightcap Beach access is also just as close and offers a shaded trail to the beach. Seagrove Beach is all public beach so there is plenty of room to spread out.
Vacation Rental Revenue in '21 $43,899, '22 $43,000, '23 $40,900, '24 $32,807

Essential Information
MLS® #975124
Price$1,295,000
Sold Price$950,000
Date Sold$2026-04-23
Bedrooms3
Bathrooms2.00
Full Baths2
Square Footage1,704
Acres0.28
Year Built2000
TypeResidential
Sub-TypeDetached Single Family
StyleFlorida Cottage
StatusSold
Community Information
Address368 Canal Street
Area18 - 30A East
CitySanta Rosa Beach
CountyWalton
StateFL
Zip Code32459
Subdivision

Seagrove, east of 395, adjacent to Seaside

Amenities
ParkingGarage Door Opener, Garage
# of Garages2
ViewCanal
Is WaterfrontYes
WaterfrontCanal Access
Utilities

Community Water, Lift Station, Phone, Public Sewer, Public Water, TV Cable

Interior
CoolingCentral Air
FireplaceYes
FireplacesFireplace Gas
# of Stories2
Interior Features

Breakfast Bar, Bookcases, Tray Ceiling(s), Fireplace, Kitchen Island, Newly Painted, Owner's Closet, Washer/Dryer Hookup

Appliances

Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater

Exterior
Exterior FeaturesBalcony, Outdoor Shower
Lot DescriptionCul-De-Sac
WindowsWindow Treatments
RoofMetal
FoundationSlab
Construction

Roof Pitched, Siding CmntFbrHrdBrd

School Information
ElementaryDune Lakes
MiddleSeaside
HighSouth Walton
Additional Information
Days on Website535
ZoningResid Single Family
Listing Details
OfficeDavis Properties Of Nw Fl
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Listing information last updated on October 15th, 2026 at 4:22am CDT.