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!
For sale
Price cut: $151K (7/1)
$1,599,000
498 Shelter Cove Dr, Santa Rosa Beach, FL 32459
3beds
2,224sqft
Est.:
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
- 120 days
- on Zillow |
- 327 |
- 12 |
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#: 974724
Originating MLS: Emerald Coast

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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
- Loading
- Loading