1303 Laurel Way, Miramar Beach

$999,999

3 Beds
4 Baths
2,628 Sqft
.07 Acre
1 Garage

HUGE PRICE IMPROVEMENT -- Reduced by $200,000
Positioned on a premium lot within Sandestin Golf and Beach Resort, this extensively updated Laurel Grove home presents an exceptional opportunity for investors, second-home buyers, or those seeking a spacious full-time residence. One of the largest floor plans in Laurel Grove, this property offers features rarely found within the neighborhood, making it stand out from the competition.
Major capital improvements--including a new roof (2024), exterior paint (2024), brick paver driveway (2023), and updated HVAC--provide peace of mind while helping minimize near-term ownership costs. An attached garage with additional storage, along with a location just steps from the community pool and fitness center, further enhances both convenience and long-term value.
Designed with flexibility in mind, the floor plan maximizes both comfort and rental potential. The home features primary suites on both the first and second floors, an oversized guest bedroom, and a recently added bonus room upstairs, creating excellent accommodations for large families or vacation guests. Although the current owners have never rented the property, projected annual rental income is estimated between $80,000 and $105,000.
Inside, you'll find soaring ceilings, a dramatic wide staircase, hardwood flooring throughout the main living areas and stairway, fresh interior paint, and an inviting living room centered around a beautiful fireplace with custom built-ins. The spacious kitchen offers a large center island, abundant cabinetry, and generous workspace for entertaining.
One of the home's most distinctive features is its exceptional outdoor living space. Enjoy two screened porches spanning both levels, including a newly created upper-level retreat featuring a charming hanging daybed--an ideal spot to unwind after a day at the beach or golf course.
Additional highlights include exceptionally large bedrooms, oversized walk-in closets throughout, abundant storage, and thoughtful design details that are difficult to find in Laurel Grove.
Located within the gates of Sandestin Golf and Beach Resort, owners and guests enjoy access to championship golf courses, a full-service marina, sugar-white beaches, tennis and pickleball courts, miles of walking and biking trails, The Village of Baytowne Wharf, shopping, dining, and entertainment--all contributing to strong and consistent demand for vacation rentals.
Combining generous living space, extensive updates, resort amenities, and excellent income potential, this is one of Laurel Grove's most compelling opportunities.

Essential Information
MLS® #993985
Price$999,999
Sold Price$950,000
Date Sold$2026-09-25
Bedrooms3
Bathrooms4.00
Full Baths3
Half Baths1
Square Footage2,628
Acres0.07
Year Built2003
TypeResidential
Sub-TypeDetached Single Family
StyleBeach House
StatusSold
Community Information
Address1303 Laurel Way
Area15 - Miramar/Sandestin Resort
SubdivisionLAUREL GROVE
CityMiramar Beach
CountyWalton
StateFL
Zip Code32550
Amenities
# of Garages1
ViewLake
Utilities

Electric, Public Sewer, Public Water, TV Cable

Parking

Garage Door Opener, Other, Oversized

Interior
CoolingCentral Air, Ceiling Fan(s)
# of Stories2
Interior Features

Bookcases, Crown Molding, Fireplace, Kitchen Island, Newly Painted, Owner's Closet, Pantry, Wallpaper, Washer/Dryer Hookup

Appliances

Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Washer, Electric Water Heater

Exterior
Exterior FeaturesColumns, Sprinkler System
RoofShingle
Lot Description

Covenants, Cul-De-Sac, Restrictions, Within 1/2 Mile to Water

Windows

Double Pane Windows, Window Treatments

Construction

Wood Siding, Siding CmntFbrHrdBrd

School Information
ElementaryVan R Butler
MiddleEmerald Coast
HighSouth Walton
Additional Information
Days on Website258
ZoningResid Single Family
Listing Details
OfficeDalton Wade Inc
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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 14th, 2026 at 8:22pm CDT.