518 Blue Mountain Road, Santa Rosa Beach, FL 32459

$9,500,000
  • 518 Blue Mountain Road, Santa Rosa Beach, FL 32459 Main Photo

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New to the Market Active
BEDS4 BATHS2 full SQUARE FEET1,760 MLS#1004685
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONBLUE MOUNTAIN BEACH

Property Description

A rare and irreplaceable opportunity in the heart of Blue Mountain Beach, this legacy Gulf-front property has been held by a single family since 1970 and has never before been offered for sale in its 56-year history! With 74.54 ft of direct Gulf frontage, an elevated at 28.5 ft, grandfathered 5 ft side setbacks, and property rights extending to the mean high water line, it represents the kind of coastal asset investors and builders wait years to secure. Short-term rental friendly and uniquely positioned away from public beach access points, the lot offers enhanced privacy and guest appeal while still enjoying convenient access to all that 30A offers. Just down from where Old Blue Mountain Road meets the Gulf and Big Redfish Lake, the property sits near spectacular coastal dune lake outflows and a natural buffer between Grayton Beach and Blue Mountain Beach, helping preserve the serene, low-density character of this shoreline and naturally discouraging overcrowding. Tucked on a quiet, low-traffic street, the property is an ideal foundation for a future luxury residence or high-performing vacation rental. The existing Old Florida cinderblock cottage, with a 2022 roof, offers 4 bedrooms, 2 baths, approx. 1,760 sq ft, with a fireplace, and is largely original-an excellent canvas for redevelopment, a resort-style pool, expanded footprint, and extensive outdoor living, or a reimagining into a new Gulf-front estate that maximizes the lot's width, elevation and investment potential! natural buffer between Grayton Beach and Blue Mountain Beach, helping to preserve the serenity and low-density character of this stretch of shoreline for years to come. Their presence not only protects the pleasantries of ownership but also naturally discourages overcrowding, enhancing the long-term appeal and enjoyment of Gulf-front living in this coveted 30A enclave.Within walking distance to the lake and abutting Grayton Beach State Park, the homesite benefits from an enviable blend of untouched natural preservation and the laid-back character Blue Mountain Beach is known for. This is truly one of the best lots along the Gulf, and with the continued upward trend of the west end of 30A, it stands out as a compelling investment for both primary ownership and development potential.Tucked away on a quiet, low-traffic street, the setting combines privacy with prime positioning along one of 30A's most coveted stretches of shoreline--an ideal foundation for a future luxury residence or high-performing short-term rental retreat. The existing Old Florida cinderblock cottage, with a new roof in 2022, offers 4 bedrooms, 2 bathrooms, approximately 1,760 square feet, and a fireplace that is not currently in use. In largely original condition, it provides an excellent canvas for redevelopment--with ample space to introduce a resort-style pool, expand the footprint, and create extensive outdoor living, or to undertake a complete reimagining into a new Gulf-front estate that fully maximizes the lot's width, elevation, and long-term investment potential.From a development perspective, the attributes are compelling. Grandfathered side setbacks at 5 feet, property rights extending to the mean high water line, and no restrictions on short-term rentals create flexibility for design, bedroom count, and rental configuration in a corridor where true Gulf-front is inherently scarce. Thoughtfully and uniquely positioned away from public beach access points, the lot enjoys enhanced privacy

518 Blue Mountain Road | MLS# 1004685

This single family home located at 518 Blue Mountain Road, Santa Rosa Beach, FL 32459 is currently listed for sale with an asking price of $9,500,000. This property was built in 1970 and has 4 bedrooms and 2 full baths with 1760 sq. ft. Blue Mountain Road is located in the BLUE MOUNTAIN BEACH subdivision. Search BLUE MOUNTAIN BEACH real estate on tonymanthey.premierfl.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Ceiling Fans, Central Air
Heating: Central
Home Style: Beach House
Lot Size: 0.45 Acres
Stories: 2.0
Taxes: $32,097
Year Built: 1970

Feature Descriptions

Appliances: Microwave, Oven Double, Refrigerator W/IceMk, Security System, Stove/Oven Electric, Washer, Water Heater - Elect
Association Fee Includes: Trash
Community Features: Beach
Exterior: Concrete
Exterior: Hurricane Shutters, Sprinkler System
Financing Terms: Conventional, Other
Fireplace: Fireplace
Fireplace Y/N: Yes
Flooring: Floor Laminate, Floor WW Carpet
HOA: Yes
Interior: Ceiling Beamed, Fireplace, Kitchen Island, Woodwork Stained
Lot: Cleared, Coastal Setback, Covenants, Survey Available
Lot Dimensions: 263.67 x 74.65 x 264.18 x 74.56
Parcel Number: 12-3S-20-34040-012-0050
Patio/Porch: Patio Open, Porch, Porch Open
Property Condition: Construction Complete
Road Surface: Paved
Rooms Total: 8
Security: yes
Sewer: Public Sewer
Special View Info: Gulf
Sub Type: Detached Single Family
Utilities: Electric, Public Water, Tap Fee Paid
Water: Well
Waterfront: Unit Waterfront, Gulf, Shore - Beach
Window: Window Treatment All

Room Sizes

Other: 29.1 X 38.7 Level - First
Laundry: 5.5 X 10.7 Level - First
Primary Bathroom: 5.6 X 8.4 Level - First
Primary Bedroom: 11.3 X 14.6 Level - First
Bedroom: 8.4 X 13.5 Level - Second
Full Bathroom: 8.4 X 5.1 Level - Second
Bedroom: 8.4 X 9.5 Level - Second
Primary Bedroom: 11.1 X 10.4 Level - Second

Local Schools

High School: South Walton
Middle School: Emerald Coast
Elementary School: Dune Lakes

Listed By / Shown By

Listed By

Agency Name: A List Beach Realty LLC

Shown By

Agent Name: Tony Manthey
Agent Phone: (850) 585-5501
Agency Title: Premier Property Group

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Estimated Payment

$ 26,588.46 per month $21,142.88 Principal & Interest $2,674.75 Property Tax $2,770.83 Homeowner's Insurance

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