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Harrison Lilly

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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1283 Laurel Way , Miramar Beach, FL 32550
$1,350,000
Est. Payment: $6,846.95/mo
4 Bed
4 Bath
2163 Sqft
Status: pending | Days on site: 37
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

Calling all investors! This renovated Laurel Grove cottage FURNISHED WITH TWO GOLF CARTS has already generated over $45k in gross rental income, with an additional $35k already booked for 2026, making it a turnkey investment opportunity. Positioned along the 18th fairway of Raven Golf Club, this charming cottage enjoys peaceful lake and golf course views and has been thoughtfully updated throughout. Recent improvements include a new roof with energy-efficient insulation, freshly painted exterior, redesigned front façade, lush landscaping, and a screened porch with a privacy shade for relaxing outdoors. Inside, the coastal-inspired interior features luxury vinyl plank flooring, plantation shutters, updated lighting and ceiling fans, freshly painted cabinetry, stainless steel Bosch and Whirlpool appliances, and stylish furnishings that convey with the home. The first-floor primary suite has been completely remodeled with a spa-like tiled walk-in shower and updated vanity, while three additional upstairs bedrooms--including a bunk room that sleeps six--provide ample space for guests. All three bathrooms have been tastefully renovated with custom tile finishes. Every bedroom offers an oversized walk-in closet for exceptional storage. A 2022 water heater adds additional peace of mind. Located in the desirable, short-term rental-friendly Laurel Grove community with a clubhouse, fitness center, and seasonally heated pool. Offered fully furnished and rental ready. Experience the unmatched lifestyle of Sandestin Golf & Beach Resort, a 2,400-acre gated community stretching from the sugar-white beaches of the Gulf to the tranquil waters of the Choctawhatchee Bay. Residents enjoy four championship golf courses, a full-service marina, tennis and pickleball courts, a fitness center, spa, and an impressive selection of dining, shopping, and entertainment, including The Village of Baytowne Wharf. Miles of scenic walking, biking, and golf cart paths connect every corner of the resort, winding through picturesque lakes, lush fairways, and towering live oaks, making it easy to enjoy everything Sandestin has to offer. As an introduction to the Sandestin lifestyle, we invite our new owners to explore amenities that make Sandestin special. The listing brokerage and seller(s) are presenting the buyer(s) of this property with (2) 90-minute rounds of Tennis court time, a golf foursome at one of our three championship courses, and a round of golf for up to four (4) players at the unrivaled Burnt Pine Golf Club.

Highlights

Listed by Gary Bowman , 850-217-8382 The Agency Northwest Florida Beaches , 850-267-8100. Emerald Coast Multiple Listing Services

Property Type

Residential

Lot/Acreage
0.05

HOA Fee

Year Built

2006

County

Walton

Area

15 - Miramar/Sandestin Resort

Neighborhood

Laurel Grove

Listing ID

1007257

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:4
  • Full Bathrooms:3
  • 1/2 Bathrooms:1
Appliances:Dishwasher, Dryer, Microwave, Refrigerator, Smooth Stovetop Rnge, Stove/Oven Electric, Washer, Water Heater - Elect
Air Cond:Ceiling Fans,Central Air
Fireplaces:
Floor:Floor Vinyl
Other:
  • Additional:Breakfast Bar, Lighting Recessed, Newly Painted, Owner's Closet, Pantry, Washer/Dryer Hookup

Exterior Features

Lot:Covenants,Golf Course,Restrictions,Survey Available,Lake
Lot Dimensions:32 x 68 x 32 x 68
Zoning:Resid Single Family
Others:
  • Additional:BBQ Pit/Grill, Columns, Porch, Porch Screened
Sewer:Public Sewer
Principal Interest
$6,847
Taxes
$645
HOA
$0

Home Price

$1,350,000

Loan Details

30 yrs
6.529%

Down Payment

20%
$270,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,846.95

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,846.95 $645.32 $0.00 $7,492.27
Yearly $82,163.34 $7,743.84 $0.00 $89,907.18
Total $2,464,900.30 $232,315.20 $0.00 $2,697,215.50

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Miramar Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Emerald Coast Multiple Listing Services, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-20T07:16:22.000Z

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