Where Gulf-front grandeur meets the soul of Old Florida. Perfectly positioned in the heart of Grayton Beach, 260 Magnolia is an architectural statement that defines coastal luxury. Framed by rolling sand dunes and the crystal-clear Gulf beyond, this residence blends refined design with the laid-back rhythm of Old Florida. Steps from the iconic Red Bar and a short stroll to Western Lake, it captures the best of Grayton living.
Inside, herringbone-patterned tile leads through a thoughtfully designed main level featuring a guest suite and a fully equipped laundry with dual washer and dryer sets. Beyond the doors, an outdoor oasis awaits with an inset pool, summer kitchen, and covered lounge, ideal for listening to waves drift through the dunes. Upstairs, the primary suite is a showpiece of light and glass, opening to a covered porch with sweeping views. The spa-inspired bath features Calacatta porcelain tile, a freestanding tub, and an Arabesque accent wall. Down the hall, a custom bunk room and additional guest suite create space for everyone, complemented by a wet bar for morning coffee or an evening nightcap. The home also includes a Tesla charging station discreetly installed in the garage, blending convenience with modern efficiency.
On the top level, vaulted shiplap ceilings and panoramic Gulf views define the living and dining space. A chef's kitchen with Sub-Zero and Wolf appliances anchors the room, while a spiral staircase leads to a rooftop deck offering 360-degree views of the Gulf and Grayton's natural landscape.
Built by a premier local builder known for craftsmanship and quality, 260 Magnolia is where architectural excellence meets the soul of Grayton Beach.
For sale
Price cut: $105K (1/27)
$4,995,000
260 Magnolia St, Santa Rosa Beach, FL 32459
5beds
4,086sqft
Est.:
Single Family Residence
Built in 2020
6,860 Square Feet Lot
$-- Zestimate®
$1,222/sqft
$-- HOA
What's special
Guest suiteCrystal-clear gulf beyondSpiral staircasePanoramic gulf viewsSummer kitchenCovered loungeHerringbone-patterned tile
- 37 days |
- 656 |
- 12 |
Zillow last checked: 8 hours ago
Listing updated: March 03, 2026 at 03:17pm
Listed by:
Spears Group 850-710-2114,
Compass
Source: ECAOR,MLS#: 993815
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Primary bedroom
- Level: Second
- Area: 318 Square Feet
- Dimensions: 21.2 x 15
Bedroom
- Level: First
- Area: 201.6 Square Feet
- Dimensions: 14.4 x 14
Other
- Level: Second
- Area: 367.2 Square Feet
- Dimensions: 30.6 x 12
Foyer
- Level: First
- Area: 91 Square Feet
- Dimensions: 7 x 13
Garage
- Level: First
- Area: 536.8 Square Feet
- Dimensions: 22 x 24.4
Kitchen
- Level: First
- Area: 419.52 Square Feet
- Dimensions: 27.6 x 15.2
Laundry
- Level: First
- Area: 201.6 Square Feet
- Dimensions: 14.4 x 14
Heating
- Central, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Microwave, Range Hood, Gas Water Heater, Tankless Water Heater
- Laundry: Washer/Dryer Hookup
Features
- Beamed Ceilings, Crown Molding, Vaulted Ceiling(s), Kitchen Island, Recessed Lighting, Shelving, Wet Bar, Woodwork Painted
- Flooring: Hardwood, Tile
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 4,086
- Total interior livable area: 4,086 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage Door Opener
- Attached garage spaces: 2
Features
- Stories: 3
- Patio & porch: Porch
- Exterior features: Outdoor Grill, Outdoor Shower, Sprinkler System, Separate Living Area, Outdoor Kitchen
- Pool features: In Ground
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
Lot
- Size: 6,860 Square Feet
- Dimensions: 49 x 140
- Features: Within 1/2 Mile to Water
Details
- Parcel number: 173S19250200150190
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Frame, Siding CmntFbrHrdBrd
- Foundation: Slab
- Roof: Metal
Condition
- Construction Complete
- New construction: No
- Year built: 2020
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: Beach
- Security: Fire Alarm
- Subdivision: GRAYTON BEACH
Location
- Region: Santa Rosa Beach
Financial & listing details
- Price per square foot: $1,222/sqft
- Tax assessed value: $3,622,058
- Annual tax amount: $33,085
- Date on market: 1/27/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/27/2026 | Price change | $4,995,000-2.1%$1,222/sqft |
Source:  ECAOR #993815 Report a problem | ||
| 1/13/2026 | Listed for sale | $5,100,000-5.5%$1,248/sqft |
Source: ECAOR #992785 Report a problem | ||
| 1/7/2026 | Listing removed | $5,399,000$1,321/sqft |
Source: ECAOR #989315 Report a problem | ||
| 11/10/2025 | Listed for sale | $5,399,000+74.2%$1,321/sqft |
Source: ECAOR #989315 Report a problem | ||
| 3/6/2023 | Listing removed | -- |
Source: ECAOR #851376 Report a problem | ||
| 3/11/2021 | Sold | $3,100,000-8.8%$759/sqft |
Source: Public Record Report a problem | ||
| 1/26/2021 | Pending sale | $3,399,000$832/sqft |
Source: ECAOR #851376 Report a problem | ||
| 1/17/2021 | Listed for sale | $3,399,000$832/sqft |
Source: ECAOR #851376 Report a problem | ||
| 1/7/2021 | Pending sale | $3,399,000$832/sqft |
Source: ECAOR #851376 Report a problem | ||
| 10/6/2020 | Price change | $3,399,000-1.6%$832/sqft |
Source: Berkshire Hathaway Home Services #851376 Report a problem | ||
| 7/24/2020 | Listed for sale | $3,455,000+289.3%$846/sqft |
Source: Berkshire Hathaway Home Services #851376 Report a problem | ||
| 4/23/2019 | Sold | $887,500$217/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $33,085 +4% | $3,622,058 +4.3% |
| 2023 | $31,826 +8.8% | $3,472,345 +5.5% |
| 2022 | $29,254 +24.2% | $3,290,230 +37.1% |
| 2021 | $23,548 +259.2% | $2,399,472 +265.4% |
| 2020 | $6,555 +3.5% | $656,625 +3% |
| 2019 | $6,331 | $637,500 -43.9% |
| 2018 | $6,331 -32.7% | $1,135,575 +8.2% |
| 2017 | $9,413 +9.2% | $1,050,000 +25.1% |
| 2016 | $8,620 +17.6% | $839,500 +49.6% |
| 2015 | $7,330 +28.5% | $561,000 +10% |
| 2014 | $5,702 | $510,000 +4.4% |
| 2013 | -- | $488,376 |
| 2012 | -- | $488,376 -5% |
| 2011 | -- | $514,080 -10% |
| 2010 | -- | $571,200 -30% |
| 2009 | -- | $816,000 -15% |
| 2008 | -- | $960,000 -23.8% |
| 2007 | -- | $1,260,000 +40% |
| 2005 | -- | $900,000 +50% |
| 2004 | -- | $600,000 +20% |
| 2003 | -- | $500,000 +25% |
| 2002 | -- | $400,000 +66.7% |
| 2001 | -- | $240,000 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$28,097/mo
Principal & interest
$24226
Property taxes
$3871
Climate risks
Neighborhood: 32459
Nearby schools
GreatSchools rating
- 10/10Bay Elementary SchoolGrades: K-5Distance: 5.7 mi
- 8/10Emerald Coast Middle SchoolGrades: 6-8Distance: 3.8 mi
- 8/10South Walton High SchoolGrades: 9-12Distance: 3.6 mi
Schools provided by the listing agent
- Elementary: Dune Lakes
- Middle: Emerald Coast
- High: South Walton
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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