1303 Laurel Way, Miramar Beach, FL

$999,999

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3

Beds

4

Baths

2,628

Square feet

0.07

Acres

About 1303 Laurel Way

HUGE PRICE IMPROVEMENT -- Reduced by $200,000 Positioned on a premium lot within Sandestin Golf and Beach Resort, this extensively updated Laurel Grove home presents an exceptional opportunity for investors, second-home buyers, or those seeking a spacious full-time residence. One of the largest floor plans in Laurel Grove, this property offers features rarely found within the neighborhood, making it stand out from the competition. Major capital improvements--including a new roof (2024), exterior paint (2024), brick paver driveway (2023), and updated HVAC--provide peace of mind while helping minimize near-term ownership costs. An attached garage with additional storage, along with a location just steps from the community pool and fitness center, further enhances both convenience and long-term value. Designed with flexibility in mind, the floor plan maximizes both comfort and rental potential. The home features primary suites on both the first and second floors, an oversized guest bedroom, and a recently added bonus room upstairs, creating excellent accommodations for large families or vacation guests. Although the current owners have never rented the property, projected annual rental income is estimated between $80,000 and $105,000. Inside, you'll find soaring ceilings, a dramatic wide staircase, hardwood flooring throughout the main living areas and stairway, fresh interior paint, and an inviting living room centered around a beautiful fireplace with custom built-ins. The spacious kitchen offers a large center island, abundant cabinetry, and generous workspace for entertaining. One of the home's most distinctive features is its exceptional outdoor living space. Enjoy two screened porches spanning both levels, including a newly created upper-level retreat featuring a charming hanging daybed--an ideal spot to unwind after a day at the beach or golf course. Additional highlights include exceptionally large bedrooms, oversized walk-in closets throughout, abundant storage, and thoughtful design details that are difficult to find in Laurel Grove. Located within the gates of Sandestin Golf and Beach Resort, owners and guests enjoy access to championship golf courses, a full-service marina, sugar-white beaches, tennis and pickleball courts, miles of walking and biking trails, The Village of Baytowne Wharf, shopping, dining, and entertainment--all contributing to strong and consistent demand for vacation rentals. Combining generous living space, extensive updates, resort amenities, and excellent income potential, this is one of Laurel Grove's most compelling opportunities.

Features of 1303 Laurel Way

3 Beds
4.00 Baths
2628 Sqft
0.07 Acres
1 Garages
MLS® # 993985
Price $999,999
Bedrooms 3
Bathrooms 4.00
Full Baths 3
Half Baths 1
Square Footage 2,628
Acres 0.07
Year Built 2003
Type Residential
Sub-Type Detached Single Family
Style Beach House
Status Pending
Waterview Lake

Community Information

Address 1303 Laurel Way
Area 15 - Miramar/Sandestin Resort
Subdivision LAUREL GROVE
City Miramar Beach
County Walton
State FL
Zip Code 32550

Amenities

Utilities Electric, Public Sewer, Public Water, TV Cable
Parking Garage Door Opener, Other, Oversized
# of Garages 1
View Lake

Interior

Interior Features Bookcases, Crown Molding, Fireplace, Kitchen Island, Newly Painted, Owner's Closet, Pantry, Wallpaper, Washer/Dryer Hookup
Appliances Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Washer, Electric Water Heater
Cooling Central Air, Ceiling Fan(s)
# of Stories 2

Exterior

Exterior Features Columns, Sprinkler System
Lot Description Covenants, Cul-De-Sac, Restrictions, Within 1/2 Mile to Water
Windows Double Pane Windows, Window Treatments
Roof Shingle
Construction Wood Siding, Siding CmntFbrHrdBrd

School Information

Elementary Van R Butler
Middle Emerald Coast
High South Walton

Additional Information

Days on Website 225
Zoning Resid Single Family
Has HOA Yes
HOA Fees Include Ground Keeping, Management, Security, TV Cable, Trash, Master Association

Listing Map

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