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Harrison Lilly

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

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518 Blue Mountain Rd , Santa Rosa Beach, FL 32459
$8,900,000
Est. Payment: $45,134.43/mo
4 Bed
2 Bath
1760 Sqft
Status: active | Days on site: 76
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

This is the only Gulf-front home currently available in Blue Mountain Beach and sits at the highest natural elevation along the Florida Panhandle and the entire Gulf Coast--undoubtedly an extraordinary distinction in one of 30A's most tightly held stretches of coastline. With the most recent Gulf-front sale reaching $16,700,000 and another sale with similar frontage closing at $16,300,000, recent market activity underscores the increasing value of Blue Mountain Beach Gulf-front property and the scarcity of opportunities offering this combination of frontage, natural elevation, privacy and setting. A rare and irreplaceable opportunity in the heart of Blue Mountain Beach, this legacy Gulf-front property has been held by the same family since 1970 and has never before been offered for sale in its 56-year history. Offering approximately 75 feet of direct Gulf frontage and nearly 30 feet of natural elevation, this is the kind of coastal asset builders, investors and legacy buyers can wait years to secure. Its development potential is equally compelling. As a grandfathered lot, the property benefits from approximately 5-foot side setbacks--an increasingly valuable advantage when designing on Gulf-front land. Combined with its generous width, mostly cleared homesite, existing seawall and ownership rights extending to the mean high water line, these characteristics provide exceptional flexibility for future design and the potential to accommodate a substantially larger Its development potential is equally compelling. As a grandfathered lot, the property benefits from approximately 5-foot side setbacks--an increasingly valuable advantage when designing on Gulf-front land. Combined with its generous width, mostly cleared homesite, existing seawall and ownership rights extending to the mean high water line, these characteristics provide exceptional flexibility for future design and the potential to accommodate a substantially larger residential footprint while preserving valuable space for a pool and expansive Gulf-front outdoor living. But the numbers only tell part of the story. Standing here is an entirely different experience. From this remarkable natural elevation, the coastline seems to wrap around you like a horseshoe, creating the feeling of being at the center of an extraordinary stretch of the Gulf. The view extends west toward Destin and east toward Panama City Beach, with miles of coastline unfolding in both directions. Even from the main floor of the existing cottage, the Gulf fills your field of vision and creates the remarkable sensation of sitting almost directly above the water. That is part of what makes Blue Mountain Beach different. You don't necessarily have to build high to capture extraordinary Gulf views--the land itself provides the vantage point. Nearly 30 feet of natural elevation creates an expansive perspective that feels dramatically different from much of the surrounding coastline. It isn't simply the view; it's the feeling of being there. Short-term rental friendly and uniquely positioned away from public beach access points, the property offers enhanced privacy and guest appeal while remaining convenient to everything along 30A. Just down from where Blue Mountain Road meets the Gulf and Big Redfish Lake, the property sits near the area's 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 the overcrowding found along more heavily accessed stretches of the coast. Tucked along a quiet, low-traffic street, the property offers an exceptional foundation for a future luxury Gulf-front residence, legacy family retreat or high-performing vacation rental. The existing Old Florida cinderblock cottage, with a 2022 roof, offers 4 bedrooms, 2 baths, approximately 1,760 square feet and a fireplace, and remains largely original. Preserve its nostalgic coastal character, expand the footprint, or completely reimagine the property as a new Gulf-front estate designed to capitalize on its extraordinary width, grandfathered setbacks, natural elevation, privacy and panoramic Gulf views. With Blue Mountain Beach Gulf-front inventory now reduced to a single available opportunity, and recent sales demonstrating the extraordinary values being achieved along this coveted shoreline, this property represents something increasingly difficult to find on 30A: substantial Gulf frontage, remarkable natural elevation, advantageous grandfathered setbacks, a peaceful setting and the freedom to create what comes next. Some properties can be recreated. The land, elevation and perspective found here cannot.

Highlights

Listed by Bridgett L Hall-Cotton , 850-381-7443 and Wade Cotton , 334-208-7628 A List Beach Realty LLC , 404-259-8333. Emerald Coast Multiple Listing Services

Property Type

Residential

Lot/Acreage
0.45

HOA Fee

Year Built

1970

County

Walton

Area

17 - 30A West

Neighborhood

Blue Mountain Beach

Listing ID

1004685

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Microwave, Oven Double, Refrigerator, Refrigerator W/IceMk, Security System, Stove/Oven Electric, Washer, Water Heater - Elect
Air Cond:Ceiling Fans,Central Air
Fireplaces:Fireplace
Floor:Floor Laminate,Floor WW Carpet
Other:
  • Additional:Ceiling Beamed, Fireplace, Kitchen Island, Shelving, Walls Paneled, Washer/Dryer Hookup, Woodwork Stained
Water:Well

Exterior Features

Lot:Cleared,Coastal Setback,Covenants,Restrictions,Survey Available,Within 1/2 Mile to Water,Unit Waterfront,Gulf,Shore - Beach,Shore - Seawall
Lot Dimensions:263.67 x 74.65 x 264.18 x 74.56
Others:
  • Additional:Hurricane Shutters, Lawn Pump, Pavillion/Gazebo, Sprinkler System, Patio Open, Porch, Porch Open
Sewer:Public Sewer
Principal Interest
$45,134
Taxes
$2,675
HOA
$0

Home Price

$8,900,000

Loan Details

30 yrs
6.528%

Down Payment

20%
$1,780,000
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:
$45,134.43

Principal

Taxes

Principal Taxes HOA Total
Monthly $45,134.43 $2,674.78 $0.00 $47,809.21
Yearly $541,613.19 $32,097.30 $0.00 $573,710.49
Total $16,248,395.69 $962,919.00 $0.00 $17,211,314.69

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Santa Rosa 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: 2026-08-20T06:32:47.000Z

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