Welcome to this stunning home in the highly sought-after Dune Allen Beach, offering an unparalleled retreat overlooking the tranquil waters of Oyster Lake. Fully furnished and thoughtfully designed, this home spans over 4,000 square feet of luxurious living space, blending modern elegance with coastal charm. Nestled on a rare Coastal Dune Lake, the property enjoys an expansive wooded lot, providing both privacy and natural beauty. From the moment you arrive, the private swimming pool and spa beckon you to relax and enjoy the Florida sunshine. The outdoor living space is equally impressive, featuring a spacious patio with a top-tier outdoor kitchen, perfect for hosting unforgettable gatherings or savoring quiet evenings under the stars. At the heart of the home is a gourmet chefs kitchen, equipped with premium gas appliances and curated finishes to elevate your culinary experience. Its a space where creativity meets practicality, perfect for everything from intimate dinners to grand feasts. The first floor offers a serene primary suite complete with dual walk-in closets, a spa-like private bath, and a secluded outdoor shower for a refreshing start to your day. The open-concept living area flows seamlessly, combining a spacious living room, dining area, wet bar, and a cozy gas fireplace for a sophisticated yet inviting atmosphere. A charming bunk room with its own private bath provides additional versatility for guests or family. Upstairs, the second floor delivers two junior primary suites, each with private baths and walk-in closets, ensuring every guest enjoys their own personal retreat. A lounge and game room area, outfitted with custom queen-over-queen bunks, offers a perfect blend of relaxation and entertainment. The expansive second-floor patio invites you to take in the coastal breezes and picturesque surroundings, while the third-floor lookout deck offers unparalleled views of the Gulf and stunning sunsets. Thoughtful touches abound, from the high-end epoxy flooring in the two-car garageideal for easy cleanup after beach adventuresto the option of adding a gated driveway for enhanced privacy and exclusivity. This home embodies the essence of the 30A lifestyle, where refined design meets the natural beauty of the Florida coast. Reach out to us today for cost to own figures & rental projections.
Property Details
Property Features
Property Information:
Architectural Style: Beach House
Year Built: 2022
Stories: 2
Living Area: 4,006 SqFt
Listing Office:
Office Name: Compass
Office Email: brokerfl@compass.com
Listing Agent: Spears Group
Interior Features
Interior Information:
Appliances: Dishwasher, Dryer, Freezer, Ice Maker, Microwave, Range Hood, Refrigerator, Refrigerator, Ice Maker, Gas Oven, Washer, Wine Cooler
Exterior: Balcony, BBQ Pit/Grill, Deck Covered, Dock, Fenced Privacy, Fireplace, Patio Covered, Pool - In-Ground, Porch, Shower, Sprinkler System
Parking Information:
Garage Space: 2 spaces
Attached Garage: Yes
Parking: Garage, Oversized
Lot Features
Lot Information:
Lot: Within 1/2 Mile to Water, Wooded
Lot Size: 0.68 Acres
Utilities
Utilities Information:
Cooling: Ceiling Fan(s)
Other
Directions Information:
Directions: Go south on Thompson Rd. from HWY 98 at the stop sign and at end of Thompson Rd. go straight. the road becomes Seahorse Cr. The first road on right is Oyster Lake Dr. Property is 127 Oyster Lake Drive
Price Information
Listing Price Info
Price Summary:
List Price: $4,495,000
Price Per SqFt: $1,122/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Santa Rosa Beach, FL.
This property is $3.5M more than the Median Sold Price and $610/SqFt more than other homes in Santa Rosa Beach, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Emerald Coast Association of REALTORS®
MLS Number: #965382
Listing Office:
Office Name: Compass
Office Email: brokerfl@compass.com
Listing Agent: Spears Group
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, Copyright 2025. All rights reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 1/4/2025, 11:51:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$22.5K
Per Month
Principal & Interest
$22.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$13.5K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Van R. Butler Elementary School
6694 W County Highway 30A
Distance between this listing and this school1.09 miles
Public District Grades KG-5
7
/10
Dune Lakes Elementary School
6565 US Highway 98 E
Distance between this listing and this school7.57 miles
Public District Grades KG-5
6
/10
Freeport Elementary School
15381 US Highwayy 331 S
Distance between this listing and this school12.63 miles
Public District Grades PK-5
Nearby Schools
6
/10
Emerald Coast Middle School
4019 US Highway 98 E
Distance between this listing and this school7.80 miles
Public District Grades 6-8
7
/10
Destin Middle School
4608 Legendary Marina Dr
Distance between this listing and this school11.18 miles
Public District Grades 5-8
6
/10
Freeport Middle School
360 Kylea Laird Dr
Distance between this listing and this school12.10 miles
Public District Grades 6-8
Nearby Schools
7
/10
South Walton High School
645 Greenway Trl
Distance between this listing and this school4.18 miles
Public District Grades 9-12
10
/10
Seaside Neighborhood School
10 Smolian Cir
Distance between this listing and this school6.76 miles
Public Charter Grades 5-12
8
/10
Freeport High School
12615 331 Business
Distance between this listing and this school15.16 miles
The neighbors living near this home have an average income of $78,546. The most common annual income of people living in Santa Rosa Beach, FL is between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 127 Oyster Lake Dr
What is the listing price of this property?
The listing price of 127 Oyster Lake Dr property is $4,495,000.
What type of property is this?
The property 127 Oyster Lake Dr is a house located in Santa Rosa Beach, Florida, 32459.
Is this property for sale now?
Active Listing: 127 Oyster Lake Dr is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 127 Oyster Lake Dr has 5 bedrooms and 4 full and 2 half bathrooms.
What is the square footage of this property?
The property 127 Oyster Lake Dr is 4,006 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 127 Oyster Lake Dr is 2022.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 127 Oyster Lake Dr in Santa Rosa Beach, FL and zip code 32459. This 4,006 square foot home, which was built in 2022, sits on a 0.68 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since December 31, 2024 and is currently priced at $4,495,000.
While more than 0 listings in Santa Rosa Beach, FL in December 2024 were sold above asking price, there were more than 9 listings sold at asking price, and more than 68 were sold below. The inventory of homes for sale in Santa Rosa Beach, FL between November 2024 and December 2024 increased by 1.7%. In December 2024 median list price was $956,666 and the average listing age was 133 days.
From Rocket Homes Real Estate and based on county public records data.
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, Copyright 2025. All rights reserved.
Hunting
Hunting
Figure Skating
NASCAR
Dillards
Dick's Sporting Goods
Wal-Mart
Cracker Barrel
Texas Roadhouse
Hardee's
Cadillac
Subaru
Ram
News/Talk/Information
New Country
Classic Country