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Harrison Lilly

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

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1303 Laurel Way , Miramar Beach, FL 32550
$999,999
Est. Payment: $5,071.81/mo
3 Bed
4 Bath
2628 Sqft
Status: pending | Days on site: 196
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

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.

Highlights

Listed by Shannyn P Stevenson , 850-259-1874 Newman Dailey Resort Properties , 850-837-1071. Emerald Coast Multiple Listing Services

Property Type

Residential

Lot/Acreage
0.07

HOA Fee

Year Built

2003

County

Walton

Area

15 - Miramar/Sandestin Resort

Neighborhood

Laurel Grove

Listing ID

993985

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:4
  • Full Bathrooms:3
  • 1/2 Bathrooms:1
Appliances:Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Range Hood, Refrigerator, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer, Water Heater - Elect
Air Cond:Ceiling Fans,Central Air
Fireplaces:
Floor:Floor Hardwood,Floor Tile,Floor WW Carpet
Other:
  • Additional:Built-In Bookcases, Ceiling Crwn Molding, Fireplace, Kitchen Island, Newly Painted, Owner's Closet, Pantry, Wallpaper, Washer/Dryer Hookup

Exterior Features

Lot:Covenants,Cul-De-Sac,Restrictions,Within 1/2 Mile to Water
Lot Dimensions:42.15 X 73.50
Zoning:Resid Single Family
Others:
  • Additional:Columns, Sprinkler System, Porch Open, Porch Screened
Sewer:Public Sewer
Parking Features:Oversized
Principal Interest
$5,072
Taxes
$637
HOA
$0

Home Price

$999,999

Loan Details

30 yrs
6.529%

Down Payment

20%
$200,000
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:
$5,071.81

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,071.81 $637.50 $0.00 $5,709.31
Yearly $60,861.67 $7,649.99 $0.00 $68,511.67
Total $1,825,850.25 $229,499.77 $0.00 $2,055,350.02

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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