This gulf-front home is all about location. It offers an excellent opportunity to rebuild or add on and create your own dream beach house. Occupying an almost quarter-acre lot, this exceptional five-bedroom property is nestled at the end of the street, boasting unrivaled privacy and seclusion. The emerald Gulf of Mexico laps the white sand just 50 feet from the driveway. With no HOA, theres ample space to dream big, expand, add a pool and carriage house, or even rebuild. The current floor plan includes two spacious open living spaces, one on each level. The second-floor living room has gleaming wood-look flooring and a wall of windows framing breathtaking beach and gulf views. Both levels have fully equipped kitchens, light and airy bedrooms, and modern bathrooms, making the home ideal for multigenerational families or larger groups to share. There are plenty of quiet nooks for reading and theres a large laundry room with lots of additional storage. The expansive upper deck provides the ultimate gathering place with panoramic gulf views from sunrise to sunset. The large backyard and shaded gazebo are designed for entertaining, barbecues and alfresco living just steps from the waves. Rosemary Beach and Alys Beach offer endless dining, boutique shopping and live entertainment nearby while Camp Helen State Park provides access to nature and watersports on nearby Lake Powell, a rare coastal dune lake.
Directions: Traveling East on Hwy 98 from the Rosemary Beach area turn South onto S. Orange St and right onto W. Park Place Ave. The home will at the end of the street on the right.
Price Information
Listing Price Info
Price Summary:
List Price: $5,495,000
Price Per SqFt: $1,752/SqFt
Tax Information:
Annual Amount: $1,920
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Walton Beaches, FL.
This property is $4.4M more than the Median Sold Price and $1.2K/SqFt more than other homes in Walton Beaches, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Emerald Coast Association of REALTORS®
MLS Number: #951282
Listing Office:
Office Name: Scenic Sothebys International Realty
Office Email: dahlerandco@scenicsir.com
Listing Agent: Dahler & Co.
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 2024. 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: 11/21/2024, 11:50:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$1,920
$1,242,198
2019
$1,857
$224,935
2017
$1,770
$216,201
History based on county public records data.
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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
7
/10
West Bay Elementary School
14813 School Dr
Distance between this listing and this school8.90 miles
Public District Grades KG-5
7
/10
Dune Lakes Elementary School
6565 US Highway 98 E
Distance between this listing and this school9.25 miles
Public District Grades KG-5
5
/10
Hutchison Beach Elementary School
12900 Hutchison Blvd
Distance between this listing and this school11.38 miles
Public District Grades KG-5
Nearby Schools
6
/10
Emerald Coast Middle School
4019 US Highway 98 E
Distance between this listing and this school8.66 miles
Public District Grades 6-8
6
/10
Surfside Middle School
300 Nautilus St
Distance between this listing and this school10.28 miles
Public District Grades 6-8
7
/10
Breakfast Point Academy
601 N Richard Jackson Blvd
Distance between this listing and this school12.87 miles
Public District Grades KG-8
Nearby Schools
10
/10
Seaside Neighborhood School
10 Smolian Cir
Distance between this listing and this school8.48 miles
Public Charter Grades 5-12
5
/10
J.R. Arnold High School
550 N Alf Coleman Rd
Distance between this listing and this school12.54 miles
Public District Grades 9-12
7
/10
South Walton High School
645 Greenway Trl
Distance between this listing and this school12.63 miles
The neighbors living near this home have an average income of $93,868. The most common annual income of people living in Walton Beaches, FL is between $35k-100k. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 492 W Park Place Ave
What is the listing price of this property?
The listing price of 492 W Park Place Ave property is $5,495,000.
What type of property is this?
The property 492 W Park Place Ave is a house located in Inlet Beach, Florida, 32461.
Is this property for sale now?
Active Listing: 492 W Park Place Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,920 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 492 W Park Place Ave has 5 bedrooms and 4 full and 1 half bathrooms.
What is the square footage of this property?
The property 492 W Park Place Ave is 3,136 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 492 W Park Place Ave is 1981.
Interested in 492 W Park Place Ave? Let's connect.
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This home is located at 492 W Park Place Ave in Inlet Beach, FL and zip code 32461. This 3,136 square foot home, which was built in 1981, sits on a 0.29 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since June 02, 2024 and is currently priced at $5,495,000.
Over 3 listings were sold over their listed price in October 2024 in Walton Beaches, FL. In the same period over 96 listings were sold below the listed price and 17 listings were sold for the listed price. Between September 2024 and October 2024, Walton Beaches, FL real estate market has seen increase in the number of listings by 5.2%. In October 2024 median list price was $1,025,256 and the average listing age was 128 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 2024. All rights reserved.
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