For sale

$2,895,000

388 E Shipwreck Rd, Santa Rosa Beach, FL 32459

3beds

2,910sqft

Est.:

Single Family Residence

Built in 1999

0.77 Acres Lot

$2,741,600 Zestimate^®

$995/sqft

$76/mo HOA

What's special

Screened lanaiOne story homeBonus roomOpen floor planDining roomLarge drivewayBeautiful outdoor living space

Luxury Bayfront Home with 120 ft on the water. High and dry custom build by Arthur Rutenberg and completely updated in 2021. Over a million in renovations including all new windows, all new flooring, kitchen, baths, etc. Nothing was overlooked. One story home with open floor plan, two spacious living areas, dining room plus a bonus room that could be used as a 4th bedroom or office. Beautiful outdoor living space with screened lanai, heated pool and spa controlled by indoor computer system. Large driveway with an oversized 3 car garage with storage space and an additional washer/dryer. Private all new dock with 2 boat lifts, the larger rated for 28,000 lbs. and 2 jet ski lifts. One HVAC system was replaced in 2018, the other is new. This is waterfront living at its finest!

14 days

889

52

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Primary bedroom

Features: Walk-In Closet(s), MBed Waterfront
Level: First

Bedroom

Level: First

Primary bathroom

Features: Double Vanity, Soaking Tub, MBath Separate Shwr, MBath Tile, Walk-In Closet(s)

Bathroom

Level: First

Bathroom 1

Level: First

Kitchen

Level: First

Living room

Level: First

Heating

Electric

Cooling

Electric, Ceiling Fan(s)

Appliances

Included: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator W/IceMk, Electric Range, Washer, Gas Water Heater

Features

Breakfast Bar, Crown Molding, Recessed Lighting, Split Bedroom, Bedroom, Dining Room, Family Room, Full Bathroom, Half Bathroom, Kitchen, Living Room, Master Bathroom, Master Bedroom, Office
Flooring: Hardwood, Tile
Doors: Insulated Doors
Windows: Double Pane Windows, Plantation Shutters, Hurricane Shutters
Has fireplace: Yes
Fireplace features: Gas
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 2,910
Total interior livable area: 2,910 sqft

Property

Parking

Total spaces: 3
Parking features: Attached, Garage Door Opener
Attached garage spaces: 3

Features

Stories: 1
Patio & porch: Patio Enclosed
Exterior features: Boat Slip, Boatlift, Dock, Hot Tub, Lawn Pump, Sprinkler System
Has private pool: Yes
Pool features: Private, Pool - Enclosed, Heated, In Ground
Has spa: Yes
Fencing: Back Yard
Has view: Yes
View description: Bay
Has water view: Yes
Water view: Bay
Waterfront features: Bay
Frontage type: Water
Frontage length: Water: 120

Lot

Size: 0.77 Acres
Dimensions: 120 x 267 x 124 x 330

Details

Parcel number: 112S214201000L0150
Zoning description: Resid Single Family

Construction

Type & style

Home type: SingleFamily
Architectural style: Mediterranean
Property subtype: Single Family Residence

Materials

Frame, Stucco
Foundation: Slab
Roof: Roof Tile/Slate

Condition

Construction Complete
Year built: 1999

Utilities & green energy

Sewer: Public Sewer
Water: Well, Public
Utilities for property: Electricity Connected, Natural Gas Connected, Cable Connected, Underground Utilities

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: Driftwood Estates

HOA

Has HOA: Yes
HOA fee: $227 quarterly

Location

Region: Santa Rosa Beach

Financial & listing details

Price per square foot: $995/sqft
Tax assessed value: $1,314,567
Annual tax amount: $12,005
Date on market: 1/29/2026
Listing terms: Conventional,FHA
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

$2,741,600

$2.60M - $2.88M

$4,955/mo

Price history

Date	Event	Price
1/29/2026	Listed for sale	$2,895,000$995/sqft
Source: ECAOR #993971 Report a problem
10/27/2025	Listing removed	$2,895,000$995/sqft
Source: ECAOR #973124 Report a problem
9/26/2025	Price change	$2,895,000-3.3%$995/sqft
Source: ECAOR #973124 Report a problem
8/8/2025	Listed for sale	$2,995,000-4.9%$1,029/sqft
Source: ECAOR #973124 Report a problem
7/5/2025	Listing removed	$3,150,000$1,082/sqft
Source: ECAOR #973124 Report a problem