107 Cypress Grove Lane , Santa Rosa Beach, FL 32459(Walton County)

Unmatched privacy and serenity abound from this quintessential beachside bungalow nestled among the iconic scrub oaks and lush landscaping afforded by this oversized homesite in Seagrove Beach, located just one block from the Gulf of Mexico. This custom home, situated on just over a quarter acre (approximately 100x130) yielding unparalleled privacy and built with an artist's appeal inside and out. The main home consists of three bedrooms along with a bonus room which is currently being used as a media room and there is a separate guest cottage complete with kitchen, washer & dryer, one bedroom and one full bath. The cottage, also known as, ''Casa del Mar,'' is currently on a rental management program bringing in approximately $16,000 - $20,000+ in gross annual rental income. This property would make a great primary, secondary or rental property. Rental projections of $80,000 - $100,000+ in gross annual rental income is projected for the both main house and guest cottage together. This property is not within an HOA.

Notable features such as rain chains, an outdoor kitchen, Pecky cypress accents, a natural stone fireplace, a gourmet kitchen complete with breakfast bar, gas range and granite countertops, travertine flooring throughout, floor to ceiling tiled showers, and a media room make this house unlike any other home on 30A. Miami Dade sliding doors allow the indoor living to flow onto the cut coral paver patio lined with Sylvester palm trees, wood burning fireplace, 8 privacy fencing, swim spa, outdoor fireplace, and courtyard seating. You're warmly welcomed inside through the carefully crafted French door entrance to the front of the home. There is a one car garage with additional ample space in the driveway for guests along w/ an RV hookup. This house is a rare find and a true gem on the Emerald Coast.