$3,749,500
- 4
- beds
- 4 full · 1 half
- baths
- 2,629
- sqft
- 2012
- year built
- 4
- beds
- 4 full · 1 half
- baths
- 2,629
- sqft
- 2012
- year built
- Status:
- Active
- MLS #:
- 1008286
- Neighborhood:
- ROSEMARY BEACH
- County:
- Walton
- Listed By:
- Stephen M McGrath - Rosemary Beach Realty LLC
- Agent Email:
- mikem@rosemarybeachrealty.com
Sponsoring Broker: Jennifer Ledesma, Berkshire Hathaway HomeServices Beach Properties of Florida
Welcome home to this beautifully refreshed cottage and carriage house in the heart of Rosemary Beach, where timeless coastal charm meets effortless 30A living. Thoughtfully updated, the main residence features freshly painted interiors, brand-new countertops, refreshed appliances, and a bright, open-concept living and kitchen area designed for gathering with family and friends. Offering three bedrooms and three-and-a-half baths in the main cottage, along with a separate one-bedroom, one-bath carriage house, the property provides a versatile layout with plenty of space for family and guests. Step outside to your own private retreat, where a heated pool surrounded by lush tropical landscaping creates an inviting setting for relaxing afternoons, outdoor entertaining, and evenings after a day at the beach. Ideally located just moments from the beautiful beaches and emerald waters of the Gulf, along with Rosemary Beach's boutique shopping, acclaimed dining, and charming town center, this home places the best of the community right outside your door. Whether enjoyed as a second home, vacation retreat, or investment property, this refreshed Rosemary Beach cottage offers an exceptional opportunity to own and enjoy a special piece of one of 30A's most sought-after communities.
Highlights
- Residential
- Single Family Residence
- Built in 2012
- 0.06 Acre Lot
- $1,592/qtr HOA
- 1 Car Garage
- 111 days on Market
-
- Bedrooms
- 4
-
- Bathrooms
- 4 full · 1 half
-
- Year Built
- 2012
-
- Stories
- 3.0
-
- Architectural Style
- Beach House
-
- Construction Materials
- Block, Concrete
-
- Garage Spaces
- 1.0
-
- Parking Features
- Attached, Garage Door Opener, Garage, Covered
-
- Interior Features
- Vaulted Ceiling(s), Wet Bar, Kitchen Island, In-Law Floorplan, Breakfast Bar, Recessed Lighting, Bookcases, Beamed Ceilings, Track Lighting
-
- Appliances
- Dryer, Dishwasher, Microwave, Washer, Disposal, Cooktop, Gas Oven, Gas Water Heater, Self Cleaning Oven, Wine Refrigerator
-
- Flooring
- Tile, Carpet
-
- Furnished
- Furnished
-
- Exterior Features
- Balcony, Rain Gutters, Private Yard, Outdoor Grill
-
- Patio And Porch
- Patio, Porch
-
- Pool Features
- Gunite, Heated
-
- Security Features
- Smoke Detector(s)
-
- Cooling
- Ceiling Fan(s), Central Air, Electric
-
- Heating
- Natural Gas, Electric, Central
-
- Acres
- 0.06
-
- Lot Features
- Interior Lot
-
- Utilities
- Cable Available, Electricity Available, Natural Gas Available, Underground Utilities
-
- Water
- Public
-
- Area
- 18 - 30A East
-
- County
- Walton
-
- City
- Inlet Beach
-
- Neighborhood
- ROSEMARY BEACH
-
- Zip Code
- 32461
-
- High School
- South Walton
-
- Middle School
- Seaside
-
- Elementary School
- Dune Lakes
-
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Estimated Value
$3,678,801
Estimated Sales Price Range:
$3,494,860 - $3,862,741
Source: Constellation Data Labs
Price History
| 07/23/2026 | Listed | $3,749,500 |
| Source: Emerald Coast Association of REALTORS #1008286 | ||
| 10/21/2024 | Off Market | — |
| Source: Central Panhandle Association of REALTORS #764085 | ||
| 10/08/2024 | Off Market | — |
| Source: Emerald Coast Association of REALTORS #960675 | ||
| 04/15/2022 | Sold | $3,590,000 |
| Source: Emerald Coast Association of REALTORS #891252 | ||
| 02/25/2022 | Price Changed | $3,590,000 |
| Source: Emerald Coast Association of REALTORS #891252 | ||
| 02/15/2022 | Listed | $3,700,000 |
| Source: Emerald Coast Association of REALTORS #891252 | ||
| 02/15/2022 | Off Market | — |
| Source: Emerald Coast Association of REALTORS #891252 | ||
| 07/17/2020 | Off Market | — |
| Source: Emerald Coast Association of REALTORS #851116 | ||
| 11/12/2020 | Sold | $2,224,950 |
| Source: Emerald Coast Association of REALTORS #851116 | ||
| 07/16/2020 | Listed | $2,350,000 |
| Source: Emerald Coast Association of REALTORS #851116 | ||
Source: MLS Data
Deed History
| 04/20/2022 | Warranty Deed | $3,590,000 |
| 11/18/2020 | Warranty Deed | $2,224,950 |
| 06/10/2015 | Intrafamily Transfer - Transaction is between related parties for any reason & no consideration. | $0 |
| 06/24/2011 | Intrafamily Transfer - Transaction is between related parties for any reason & no consideration. | $0 |
Source: Public records via Constellation Data Labs
Mortgage History
| 04/20/2022 | New Conventional | $2,513,000 |
| 11/18/2020 | New Conventional | $1,779,960 |
| 03/26/2013 | New Conventional | $417,000 |
| 06/24/2011 | Building or Construction Loan | $450,000 |
Source: Public records via Constellation Data Labs
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Source: ez Home Search, MLS Data
Frequently Asked Questions
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How do I get more information about 198 E Water St?
Click Ask a Question to talk with our team. You already know it is a 4 bed, 4 bath, listed for $3,749,500. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Inlet Beach, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 198 E Water St?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 198 E Water St at around $23,307. This includes estimated property taxes and insurance.
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Can I negotiate the asking price for 198 E Water St?
In most cases, yes. Whether 198 E Water St is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Inlet Beach's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
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What is the price per square foot for this home?
This home is listed at $3,749,500 with 2,629 sqft of space—that comes out to approximately $1,426 per square foot.
How long has this property been on the market?
198 E Water St was listed on July 23, 2026, which means it's been on the market for 111 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 2012, making it approximately 14 years old.
What is the lot size of this property?
198 E Water St sits on a 0.06-acre lot, which is 2,614 square feet.
What schools are assigned to this property?
Based on MLS info, this home is zoned for:
- Elementary: Dune Lakes
- Middle: Seaside
- High: South Walton
Want to see how these schools compare? Check out our Walton County School Guide to see ratings, reviews, and more for the schools in the area.
What are the property taxes for 198 E Water St?
The most recent public record shows annual property taxes for 198 E Water St were approximately $23,630. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is there an HOA fee for this property, and what does it cover?
This home has an HOA fee of $1,592 paid quarterly.
Is 198 E Water St still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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