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For sale
  • Price cut: $151K (7/1)
    $1,599,000

    498 Shelter Cove Dr, Santa Rosa Beach, FL 32459

    3beds
    2,224sqft
    : 
    Single Family Residence
    Built in 2001
    0.31 Acres Lot
    $1,500,600 Zestimate®
    $719/sqft
    $52/mo HOA

    What's special

    Granite countertopsMaster suiteCustom-built bayfront homeCustom cabinetryGourmet kitchenSpacious open floor planPanoramic bay views
    Bayfront Beauty with Custom Features & Breathtaking Views!Don't miss this rare opportunity to own an award-winning, custom-built bayfront home with 85 feet of stunning waterfront. This 3-bedroom, 2.5-bath gem is designed for both comfort and style, featuring a spacious open floor plan, cathedral ceilings, and panoramic bay views that set the scene for peaceful living and elegant entertaining.The gourmet kitchen boasts granite countertops, custom cabinetry, and plenty of space for gathering. Retreat to the master suite and enjoy your private slice of paradise with a tray ceiling, large walk-in closet, and a gorgeous view of the bay to wake up to every morning. This home is packed with premium upgrades, including: WaterFurnace geothermal HVAC system Storm shutters & 8-ft wind-rated garage door (perfect for oversized vehicles) Whole-house generator Built-in pest deterrent system Irrigation and security systems And for boating enthusiasts  there is a boat dock that comes equipped with a boat lift, making it easy to get out on the water at a moment's notice. This home is the ideal blend of luxury, durability, and waterfront living. Schedule your private tour today and experience bayfront living at its finest!
    120 days
    on Zillow
    |
    327
    |
    12
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    Zillow last checked: 7 hours ago

    Listing updated: August 07, 2025 at 07:57am

    Listed by:

    Chris Lawson 850-650-2494,

    Realty ONE Group Emerald Coast

    Source: ECAOR,MLS#: 974724MLS LogoOriginating MLS: Emerald Coast
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 498 Shelter Cove Dr.

    Next available tour time:Today at 3pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: First
    Bedroom
    • Level: Second
    Living room
    • Level: First
    Heating
    • Geothermal
    Appliances
    • Included: Dishwasher, Dryer, Refrigerator, Electric Range, Washer
    • Laundry: Washer/Dryer Hookup
    Features
    • Ceiling Tray/Cofferd, Vaulted Ceiling(s), Central Vacuum, Bedroom, Bonus Room, Living Room, Master Bedroom
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,224
    • Total interior livable area: 2,224 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage Door Opener
    • Attached garage spaces: 2
    Features
    • Stories: 2
    • Patio & porch: Porch Screened
    • Exterior features: Sprinkler System
    • Pool features: None
    • Has view: Yes
    • View description: Bay
    • Has water view: Yes
    • Water view: Bay
    • Waterfront features: Bay
    • Frontage type: Water
    • Frontage length: Water: 85
    Lot
    • Size: 0.31 Acres
    • Dimensions: 85 x 158
    • Features: Dead End, Within 1/2 Mile to Water
    Details
    • Parcel number: 242S21428000000070
    • Zoning description: Resid Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    Condition
    • Construction Complete
    • Year built: 2001

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Electricity Connected, Cable Connected

    Community & HOA

    Community
    • Features: Gated, Pool
    • Subdivision: Pelican Bay
    HOA
    • Has HOA: Yes
    • Services included: Recreational Faclty
    • HOA fee: $625 annually
    Location
    • Region: Santa Rosa Beach

    Financial & listing details

    • Price per square foot: $719/sqft
    • Tax assessed value: $983,610
    • Annual tax amount: $8,590
    • Date on market: 4/24/2025
    • Listing terms: Conventional,FHA,VA Loan
    • Electric utility on property: Yes
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