186 Magnolia Street, Santa Rosa Beach

$3,295,000

4 Beds
5 Baths
2,752 Sqft
.16 Acre
1 Garage

Welcome to 186 Magnolia Street - Where Old Grayton Soul Meets Refined Coastal Design - a completely reimagined coastal retreat that captures the quintessential Old Grayton Beach vibe-retro, relaxed, and effortlessly cool-this property is designed to entertain, built to endure and be coveted by guests and is just a short walk to two beach accesses. This stunning 4-bedroom, 4.5-bath home has been fully remodeled from top to bottom, blending vintage surf-style charm with modern luxury and high-end finishes throughout. The property offers exceptional parking with a garage featuring an epoxy floor, an additional carport, and a large driveway accommodating up to seven vehicles. The first level welcomes you with wood-planked tile flooring, a comfortable sitting area, and an inviting living space complete with a wet bar, ice maker, wine refrigerator, and a striking custom tile accent wall. A first-floor primary suite features an ensuite bath with a soaking tub and custom tile work. A stylish half bath with shiplap accents completes the interior. Step outside to the expansive first-floor deck, showcasing a large, heated pool with a chair deck, an herb garden with pergola, and space designed for outdoor living. (A paver walkway and pool deck are currently being completed.) The second and third levels feature beautiful oak wood flooring throughout. The second level offers a light-filled sitting area, dining space, and living room with a gas fireplace. The galley-style kitchen is outfitted with Thermador appliances, quartz countertops, open shelving, and a breakfast bar-perfect for entertaining. A hallway leads to a guest bedroom with an ensuite bath and private balcony overlooking the front yard, a bunk room with two full-size bunks and a full bath, and a conveniently located laundry room. The third level is dedicated to a serene primary suite, complete with an ensuite bath featuring dual vanities and a custom-tiled shower. A private balcony offers beautiful Gulf views, creating the perfect escape. Major upgrades include all new impact-rated windows and doors, new wiring and plumbing, new tankless water heater, three new HVAC units, and a new 30-year architectural shingle roof-offering peace of mind and modern efficiency. 186 Magnolia Street is a rare opportunity to own a thoughtfully updated beach home that honors the timeless Grayton Beach aesthetic while delivering today's comforts-all in one of the area's most beloved locations. Grayton Beach is beloved for its eclectic, retro surf culture, tree-lined streets, and an atmosphere that feels authentically coastal. Home to Grayton Beach State Park, world-class dining, and a strong sense of community, this is one of 30A's most sought-after and enduring neighborhoods. Whether envisioned as a refined personal escape, a legacy beach home, or a property with strong rental appeal thanks to its layout, amenities, and premier location, 186 Magnolia Street represents a rare opportunity to own a true Grayton Beach classic-elevated, effortless, and undeniably timeless. This is more than a beach house; this is a Grayton Beach Statement! Now is your chance to live the Grayton Beach Life-Artful, Authentic, and Unmatched!

Essential Information
MLS® #994736
Price$3,295,000
Bedrooms4
Bathrooms5.00
Full Baths4
Half Baths1
Square Footage2,752
Acres0.16
Year Built1987
TypeResidential
Sub-TypeDetached Single Family
StyleBeach House
StatusActive
Community Information
Address186 Magnolia Street
Area17 - 30A West
SubdivisionGrayton Beach
CitySanta Rosa Beach
CountyWalton
StateFL
Zip Code32459
Amenities
ParkingCarport, Garage, Covered
# of Garages1
ViewGulf
Has PoolYes
PoolIn Ground
Utilities

Electric, Gas - Natural, Phone, Public Sewer, Public Water, TV Cable

Interior
HeatingGas - Natural
CoolingCentral Air
# of Stories3
Interior Features

Bookcases, Fireplace, Recessed Lighting, Newly Painted, Shelving, Walls Wainscoting, Wet Bar

Appliances

Dishwasher, Dryer, Microwave, Range Hood, Washer, Tankless Water Heater

Exterior
WindowsDouble Pane Windows
RoofShingle
ConstructionFrame, Siding CmntFbrHrdBrd
FoundationFoundation On Piling
Exterior Features

Outdoor Grill, Balcony, Private Yard, Outdoor Shower

Lot Description

Interior Lot, Within 1/2 Mile to Water

School Information
ElementaryDune Lakes
MiddleEmerald Coast
HighSouth Walton
Additional Information
ZoningResid Single Family
Listing Details
OfficeThe Beach Group Properties LLC
Property History
Price Reduced from $3,349,000 to $3,295,000
Price Reduced from $3,385,000 to $3,349,000
Price Reduced from $3,495,000 to $3,385,000
Price Reduced from $3,540,000 to $3,495,000
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Listing information last updated on October 17th, 2026 at 11:22am CDT.