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For sale
  • Price cut: $20K (4/7)
    $580,000

    48 Pine Tree Way, Santa Rosa Beach, FL 32459

    3beds
    1,615sqft
    : 
    Single Family Residence
    Built in 2007
    4,042 Square Feet Lot
    $-- Zestimate®
    $359/sqft
    $-- HOA

    What's special

    Refined finishesRefreshed exteriorQuartz countertopsWater viewsLush new landscapingAll-new appliancesNew cabinetry
    There is something quietly compelling about a home that understands its setting. Positioned directly across from the bay with stunning water views from both the first and second floors, this fully remodeled Pine Trace bay retreat captures the calm rhythm of coastal living while remaining moments from the energy of 30A. The approach is framed by lush new landscaping and a refreshed exterior that hints at the thoughtful renovation within. Inside, wide-plank LVP flooring runs throughout, setting a clean and cohesive tone. Just off the entry, a first-floor bedroom offers flexibility as a private guest suite or refined home office, paired with a full bath accessible from the hall. It is a layout designed with intention, offering convenience without compromising flow. The main living space unfolds seamlessly, where kitchen, dining and living areas connect in one expansive open concept. New cabinetry, quartz countertops and all-new appliances anchor the kitchen with understated sophistication. Custom-built closets add tailored storage, while high-end tile finishes in each of the home's three full baths elevate the everyday experience. The living area extends naturally to a covered rear patio, an inviting space for evening conversations, morning coffee or simply watching the sunset. Upstairs, two bedrooms -- the owner's suite and a guest suite -- each have their own full bath and open onto a balcony that stretches the length of the home. From here, bay views feel even more expansive. At the end of the hall, the primary suite offers a generous retreat with a walk-in shower, double vanity and a spacious walk-in closet designed for ease and organization. The location is equally compelling. Just seven minutes from the Gulf Place beach access off 393, with new parking, shopping and dining nearby, this address offers remarkable accessibility. Cessna Landing boat launch, bayfront parks and local restaurants are close at hand. The planned 10,000-seat amphitheater, set on 220 acres with walking trails and six lakes, signals exciting growth and enduring value for the surrounding area. Set on a quiet street with minimal traffic and no short-term rental restrictions, this property presents exceptional versatility as a primary residence, second home or investment opportunity. Water views. Refined finishes. A thoughtful renovation from top to bottom. Coastal living, elevated and effortless.
    47 days
    |
    1,385
    |
    79
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 07, 2026 at 07:43am

    Listed by:

    Whitney E Cooley whitney@scenicsir.com,

    Scenic Sotheby's International Realty

    Source: ECAOR,MLS#: 996054MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Primary bedroom
      • Level: Second
      • Area: 180 Square Feet
      • Dimensions: 15 x 12
      Bedroom
      • Level: Second
      • Area: 121 Square Feet
      • Dimensions: 11 x 11
      Primary bathroom
      • Level: Second
      • Area: 50 Square Feet
      • Dimensions: 10 x 5
      Other
      • Level: Second
      • Area: 100 Square Feet
      • Dimensions: 20 x 5
      Kitchen
      • Level: First
      • Area: 50 Square Feet
      • Dimensions: 10 x 5
      Heating
      • Central
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Disposal, Range Hood, Electric Water Heater
      • Laundry: Washer/Dryer Hookup
      Features
      • Kitchen Island, Recessed Lighting, Newly Painted, Shelving
      • Flooring: Vinyl
      • Windows: Window Treatments
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 1,615
      • Total interior livable area: 1,615 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      Features
      • Stories: 2
      • Patio & porch: Covered
      • Exterior features: Balcony, Private Yard
      • Fencing: Partial,Privacy
      • Has view: Yes
      • View description: Bay
      • Has water view: Yes
      • Water view: Bay
      Lot
      • Size: 4,042 Square Feet
      • Dimensions: 94 x 43
      • Features: Cleared, Corner Lot, Within 1/2 Mile to Water
      Details
      • Parcel number: 142S20332000000130
      • Zoning description: Resid Single Family
      • Special conditions: Accept Backup Offers,Short Sale

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Florida Cottage
      • Property subtype: Single Family Residence
      Materials
      • Siding CmntFbrHrdBrd
      • Roof: Shake
      Condition
      • Construction Complete,Renovated
      • New construction: No
      • Year built: 2007

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: PINE TRACE
      Location
      • Region: Santa Rosa Beach

      Financial & listing details

      • Price per square foot: $359/sqft
      • Tax assessed value: $325,296
      • Annual tax amount: $2,571
      • Date on market: 2/23/2026
      • Road surface type: Paved
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        4/7/2026Price change$580,000-3.3%$359/sqft
        Source: ECAOR #996054 Report a problem
        3/24/2026Price change$600,000-11.6%$372/sqft
        Source: ECAOR #996054 Report a problem
        3/16/2026Price change$679,000-2.9%$420/sqft
        Source: ECAOR #996054 Report a problem
        2/23/2026Listed for sale$699,000+70.5%$433/sqft
        Source: ECAOR #996054 Report a problem
        8/6/2021Listing removed--
        Source: ECAOR #870997 Report a problem
        5/5/2021Listed for sale$410,000+64.1%$254/sqft
        Source: ECAOR #870997 Report a problem
        12/16/2020Listing removed$1,850$1/sqft
        Source: Beach Sunsets Inc #860130 Report a problem
        12/2/2020Listed for rent$1,850-11.9%$1/sqft
        Source: Beach Sunsets Inc #860130 Report a problem
        12/11/2019Listing removed$249,900$155/sqft
        Source: Beach Sunsets Inc #828679 Report a problem
        9/6/2019Price change$249,900-9.1%$155/sqft
        Source: Beach Sunsets Inc #828679 Report a problem
        8/26/2019Price change$274,900-1.8%$170/sqft
        Source: Beach Sunsets Inc #828679 Report a problem
        8/23/2019Listed for sale$279,900+123.9%$173/sqft
        Source: Beach Sunsets Inc #828679 Report a problem
        8/7/2019Listing removed$2,100$1/sqft
        Source: Beach Sunsets, Inc. Report a problem
        7/22/2019Price change$2,100-4.5%$1/sqft
        Source: Beach Sunsets, Inc. Report a problem
        6/19/2019Listed for rent$2,200$1/sqft
        Source: Beach Sunsets, Inc. Report a problem
        4/2/2013Sold$125,000+2%$77/sqft
        Source: Public Record Report a problem
        10/13/2006Sold$122,600$76/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$2,502 +22.2%$228,541 +10%
        2023$2,048 +6.4%$207,765 +10%
        2022$1,924 +15.8%$188,877 +10%
        2021$1,662 +45.3%$171,706 +13%
        2020$1,144 +3.7%$151,911 +2.3%
        2019$1,104 $148,496 +1.9%
        2018$1,104 +2.1%$145,727 +2.1%
        2017$1,081 +3.3%$142,730 +2.1%
        2016$1,046 +1.8%$139,794 +0.7%
        2015$1,028 -0.8%$138,822 +0.1%
        2014$1,037 $138,678
        2013-- $138,678 -4.8%
        2012-- $145,625 +551.6%
        2011-- $22,350 -87.7%
        2010-- $182,138 -7.2%
        2009-- $196,298 -61.5%
        2008-- $509,792 +23403.6%
        2007-- $2,169

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $3,275/mo
        Principal & interest
        $2825
        Property taxes
        $450
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          Climate risks

          Neighborhood: 32459

          Getting around

          0 / 100
          Car-Dependent

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Van R Butler
          • 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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