81 Bay Magnolia Lane, Santa Rosa Beach

$959,000

2 Beds
1 Bath
830 Sqft
.33 Acre
0 Garage

Currently Under Contract - Seller is Accepting Back Up Offers. Discover an extraordinary WATERFRONT opportunity to build your dream home along the pristine waters of the Choctawhatchee Bay. Offering 77 feet of direct Bay frontage and spanning .33 acres, this homesite captures the essence of coastal living. 81 Bay Magnolia Lane in Santa Rosa Beach, Florida is where sunrises shimmer across the water and evenings bring tranquil breezes and pure views off the Bay.

It's a dream to live with your boat in your backyard and on this waterfront property, you can! Put the boat down in the morning and head to Crab Island for the day where you'll enjoy all that the coastal life offers on the Bay. Perfectly positioned just 10 minutes from the sugar-white sands and turquoise waters of Highway 30A, this location offers the best of both worlds with easy, quick access to charming coastal towns like Rosemary Beach, Alys Beach, WaterSound and Grayton Beach.

This peaceful, bayfront homesite offers easy access to world-class beaches, dining, and entertainment in a highly desirable location with NO HOA. Enjoy a short stroll to local favorites like The Bay Restaurant and North Beach Social, where sunsets, family-friendly dining and live music set the tone for laid-back coastal living.
This property is in Zone X and surrounded by beautifully designed neighboring homes with mature trees and stunning Bay views.

This presents an exceptional canvas for your custom waterfront retreat where you can remove the existing block home and garage carriage house and built your home or renovate the existing home and enjoy the Florida cottage style that rarely exists. With sweeping views, walkability, and proximity to the heart of South Walton, this is more than a homesite. It's truly a lifestyle.

Buyer to verify all measurements. Existing structures on property will be sold AS-IS.

Essential Information
MLS® #987282
Price$959,000
Sold Price$900,000
Date Sold$2025-12-02
Bedrooms2
Bathrooms1.00
Full Baths1
Square Footage830
Acres0.33
Year Built1960
TypeResidential
Sub-TypeDetached Single Family
StyleFlorida Cottage
StatusSold
Community Information
Address81 Bay Magnolia Lane
Area19 - Point Washington
SubdivisionNO RECORDED SUBDIVISION
CitySanta Rosa Beach
CountyWalton
StateFL
Zip Code32459
Amenities
ViewBay
Is WaterfrontYes
WaterfrontBay
Amenities

Waterfront, Short Term Rental - Allowed

Utilities

Electric, Public Sewer, Public Water

Interior
CoolingCeiling Fan(s)
# of Stories1
Lot Description

Survey Available, Within 1/2 Mile to Water

School Information
ElementaryDune Lakes
MiddleEmerald Coast
HighSouth Walton
Additional Information
Days on Website372
ZoningResid Single Family
Listing Details
OfficeCorcoran Reverie SRB
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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.

Listing information last updated on October 17th, 2026 at 3:52pm CDT.