127 Oyster Lake Dr

4,006 Sq. Ft.
$1,023 / Sq. Ft.
4,006
Sq. Ft.
$1,023
per Sq. Ft.

Description

Welcome to this stunning home in the highly sought-after Dune Allen Beach, offering an unparalleled retreat overlooking the tranquil waters of Oyster Lake. Fully furnished and thoughtfully designed, this home spans over 4,000 square feet of luxurious living space, blending modern elegance with coastal charm. Nestled on a rare Coastal Dune Lake, the property enjoys an expansive wooded lot, providing both privacy and natural beauty. From the moment you arrive, the private swimming pool and spa beckon...Welcome to this stunning home in the highly sought-after Dune Allen Beach, offering an unparalleled retreat overlooking the tranquil waters of Oyster Lake. Fully furnished and thoughtfully designed, this home spans over 4,000 square feet of luxurious living space, blending modern elegance with coastal charm. Nestled on a rare Coastal Dune Lake, the property enjoys an expansive wooded lot, providing both privacy and natural beauty. From the moment you arrive, the private swimming pool and spa beckon you to relax and enjoy the Florida sunshine. The outdoor living space is equally impressive, featuring a spacious patio with a top-tier outdoor kitchen, perfect for hosting unforgettable gatherings or savoring quiet evenings under the stars. At the heart of the home is a gourmet chef's kitchen, equipped with premium gas appliances and curated finishes to elevate your culinary experience. It's a space where creativity meets practicality, perfect for everything from intimate dinners to grand feasts.

The first floor offers a serene primary suite complete with dual walk-in closets, a spa-like private bath, and a secluded outdoor shower for a refreshing start to your day. The open-concept living area flows seamlessly, combining a spacious living room, dining area, wet bar, and a cozy gas fireplace for a sophisticated yet inviting atmosphere. A charming bunk room with its own private bath provides additional versatility for guests or family.

Upstairs, the second floor delivers two junior primary suites, each with private baths and walk-in closets, ensuring every guest enjoys their own personal retreat. A lounge and game room area, outfitted with custom queen-over-queen bunks, offers a perfect blend of relaxation and entertainment. The expansive second-floor patio invites you to take in the coastal breezes and picturesque surroundings, while the third-floor lookout deck offers unparalleled views of the Gulf and stunning sunsets.

Thoughtful touches abound, from the high-end epoxy flooring in the two-car garageideal for easy cleanup after beach adventuresto the option of adding a gated driveway for enhanced privacy and exclusivity.

This home embodies the essence of the 30A lifestyle, where refined design meets the natural beauty of the Florida coast.

Reach out to us today for cost to own figures & rental projections.

Listing Agents

  1. Jonathan Spears

    Jonathan Spears

    Listing Agent

    Compass

  2. Spears Group

    Spears Group

    Listing Agent

    Compass

    spearsgroup@compass.com

    P: (850)-710-2114

Property Details for 127 Oyster Lake Drive

Waterfront Features
Unit Waterfront, Coastal Dune Lakes, Lake
View
Lake, Gulf
Zoning
Resid Single Family
Architectural Style
Beach House
Subdivision Name
OYSTER LAKE
Waterfront YN
Yes
LISTING UPDATED: 03/03/2026 05:10 PM

Property Details for 127 Oyster Lake Drive

StatusActive
MLS #995472
Days on Market17
Taxes$4,764 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Detached Single Family
Year Built2022
Lot Size0.68 AC / 29,620 SF
CountyWalton County
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Building Information for 127 Oyster Lake Drive

Stories2Year Built2022Building Size-Lot Size0.68 AC / 29,620 SF

Payment Calculator

$20,375 per month

30 year fixed, 6.15% Interest

Principal and Interest

$19,978

Property Taxes

$397

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 127 Oyster Lake Drive

Summary
Location and General Information
  • Community Features: BBQ Pit/Grill, Beach, Dock, Fishing, Game Room, Laundry, Pets Allowed, Separate Storage, TV Cable, Waterfront
  • Directions: Go south on Thompson Rd. from HWY 98 at the stop sign and at end of Thompson Rd. go straight. the road becomes Seahorse Cr. The first road on right is Oyster Lake Dr. Property is 127 Oyster Lake Drive
  • MLS Area Minor: 1701 - Santa Rosa Beach S of 98 West of 393
  • MLS Area Major: 17 - 30A West
  • Latitude: 30.354475
  • Longitude: -86.244965
  • Location Tax and Legal:Sub Area: 1701 - Santa Rosa Beach S of 98 West of 393
  • Location Tax and Legal:Elementary School: Van R Butler
  • Location Tax and Legal:Middle School: Emerald Coast
  • Location Tax and Legal:High School: South Walton
  • Location Tax and Legal:Legal Description: LOT 1 BLK E DUNE ALLEN 2ND ADD PB 2-85 ALSO: THAT PART OF BLK F LYING IN SEC 03 DESC AS: COM AT NW/C OF LOT 1 BLK E DUNE ALLEN 2ND ADD S/D S 45 DEG 20' 00W 10.73FT, N 89 DEG 27'12W 41.99FT TO NELY COR OF PRCL IN OR 1098-177, S 00 DEG 21'57W ALG E LN OF SAID PRCL 259.07FT N 64 DEG 14'46E 152.30FT TO SE/C OF LOT 1 BLK E, N 14 DEG 58'41W ALG E LN 233.27FT TO SE/LY LN OF ALLEY S 45 DEG 20' 00W 36.01F
  • Project Facilities: BBQ PitGrill2, Beach, Dock2, Fishing, Game Room, Laundry, Pets Allowed2, Separate Storage, TV Cable3, Waterfront
  • Garage: true
Taxes and HOA
  • Tax Legal Description: LOT 1 BLK E DUNE ALLEN 2ND ADD PB 2-85 ALSO: THAT PART OF BLK F LYING IN SEC 03 DESC AS: COM AT NW/C OF LOT 1 BLK E DUNE ALLEN 2ND ADD S/D S 45 DEG 20' 00W 10.73FT, N 89 DEG 27'12W 41.99FT TO NELY COR OF PRCL IN OR 1098-177, S 00 DEG 21'57W ALG E LN OF SAID PRCL 259.07FT N 64 DEG 14'46E 152.30FT TO SE/C OF LOT 1 BLK E, N 14 DEG 58'41W ALG E LN 233.27FT TO SE/LY LN OF ALLEY S 45 DEG 20' 00W 36.01F
  • Parcel Number: 04-3S-20-34070-00E-0010
  • Association Fee: $0
  • Tax Annual Amount: $4,764
  • Listing Info Tax Legal:Last Taxes: $4,764
  • Listing Info Tax Legal:Last Tax Year: 2022.0
School Information
  • Elementary School: Van R Butler
  • Middle Or Junior School: Emerald Coast
  • High School: South Walton
Parking
  • Carport YN: No
  • Attached Garage YN: Yes
  • Parking Features: Garage, Oversized
  • Garage Spaces: 2.0
  • General Property Info:Driveway Spaces: 4.0
  • Parking Features: Garage3, Garage Attached, Oversized
Property
Lot Information
  • Building Area Source: Appraiser
  • Lot Size Dimensions: 88.66x233.27x22.6x152.76x253
  • Lot Size Acres: 0.68
  • Lot Size Area: 0.68
  • Lot Size Units: Acres
  • Property Condition: Construction Complete
  • Lot Features: Within 1/2 Mile to Water, Wooded
  • Building Area Total: 4006.0
  • Lot Size Square Feet: 29620.8
  • General Property Info:SqFt Source: Appraiser
  • Waterfront: Coastal Dune Lakes, Lake, Unit Waterfront
  • Waterfront Feet 2: 152
  • Waterview: Coastal Dune Lakes2, Gulf2, Lake2
  • LotParcel Access: Paved Road
  • Lot Features: Within 12 Mile to Water, Wooded
Property and Assessments
  • Road Surface Type: Paved
  • Tax Year: 2022.0
  • Floor Plans Count: 0.0
  • Property Type: Residential
  • Year Built: 2022.0
  • Property Sub Type: Detached Single Family
  • New Construction YN: No
  • General Property Info:Sub-Type: Detached Single Family
  • General Property Info:Design: Beach House
  • Construction Status: Construction Complete
  • Construction Siding: Concrete, Roof Metal, Siding Wood
  • Occupancy Status: Vacant
Utilities
  • Sewer: Public Sewer
  • Utilities: Gas - Natural, TV Cable
  • Utilities: Gas - Natural, Public Sewer, TV Cable
  • Energy: AC - 2 or More, Ceiling Fans, Water Heater - Gas
Interior and Exterior Features
Exterior Features
  • Exterior Features: Balcony, BBQ Pit/Grill, Dock, Shower, Sprinkler System
  • Construction Materials: Concrete, Siding Wood
  • Stories: 2.0
  • Pool Features: Pool - In-Ground, Pool Type
  • Patio And Porch Features: Deck Covered, Patio Covered, Porch
  • Fencing: Fenced Privacy
  • General Property Info:Pool: Yes
  • General Property Info:Pool Type: Private
  • Exterior: Balcony, BBQ PitGrill, Deck Covered, Dock, Fenced Privacy, Fireplace2, Patio Covered, Pool - In-Ground, Porch, Shower, Sprinkler System
Interior Features
  • Cooling: Ceiling Fans
  • Interior Features: Breakfast Bar, Built-In Bookcases, Ceiling Raised, Ceiling Vaulted, Fireplace, Lighting Recessed, Newly Painted, Owner's Closet, Pantry, Washer/Dryer Hookup, Wet Bar
  • Fireplace Features: Fireplace Gas, Fireplace
  • Flooring: Floor Hardwood, Floor Tile
  • Window Features: Window Treatment All
  • Room Type: Living Room, Kitchen, Dining Room, Master Bedroom, Bunk Room, Bedroom
  • Rooms Total: 8.0
  • Bathrooms Total Integer: 6.0
  • Bathrooms Total Decimal: 5.0
  • Bathrooms Total Notational: 4.2
  • Cooling YN: Yes
  • Fireplace YN: Yes
  • Bedrooms Total: 5.0
  • Bathrooms Full: 4.0
  • Bathrooms Half: 2.0
  • Interior: Breakfast Bar, Built-In Bookcases, Ceiling Raised, Ceiling Vaulted, Fireplace, Fireplace Gas, Floor Hardwood, Floor Tile, Furnished - All, Lighting Recessed, Newly Painted, Owner's Closet, Pantry, WasherDryer Hookup, Wet Bar, Window Treatment All
  • Appliances: Dishwasher, Dryer, Freezer, Ice Machine, Microwave, Range Hood, Refrigerator, Refrigerator WIceMk, Smoke Detector, StoveOven Gas, Warranty Provided, Washer, Wine Refrigerator
Room Information
Room 1
  • Room Type: Living Room
  • Room Level: First
  • Room Length: 22.8
  • Room Width: 23.4
  • Room Dimensions: 22.8 x 23.4
Room 2
  • Room Type: Kitchen
  • Room Level: First
  • Room Length: 19.4
  • Room Width: 13.8
  • Room Dimensions: 19.4 x 13.8
Room 3
  • Room Type: Dining Room
  • Room Level: First
  • Room Length: 13.8
  • Room Width: 14.7
  • Room Dimensions: 13.8 x 14.7
Room 4
  • Room Type: Master Bedroom
  • Room Level: First
  • Room Length: 13.7
  • Room Width: 9.0
  • Room Dimensions: 13.7 x 9
Room 5
  • Room Type: Bunk Room
  • Room Level: First
  • Room Length: 12.0
  • Room Width: 12.0
  • Room Dimensions: 12 x 12
Room 6
  • Room Type: Bedroom
  • Room Level: Second
  • Room Length: 12.0
  • Room Width: 12.0
  • Room Dimensions: 12 x 12
Room 7
  • Room Type: Bedroom
  • Room Level: Second
  • Room Length: 12.0
  • Room Dimensions: 12 x 12
Room 8
  • Room Type: Bunk Room
  • Room Level: Second
  • Room Length: 10.0
  • Room Width: 12.0
  • Room Dimensions: 10 x 12
Multi Family
Multi Family Information
  • Furnished: Furnished - All
Rental
Rent Information
  • Listing Info Tax Legal:Is Subject Leased: false

Property History for 127 Oyster Lake Drive

DateEvent & SourcePriceAppreciation
Feb 16, 2026

Listed (Active)

ECAR #995472

$4,099,000—
Feb 16, 2026

Withdrawn

ECAR #991804

$4,199,000—
Dec 27, 2025

Withdrawn

ECAR #990138

$4,300,000—
Dec 27, 2025

Listed (Active)

ECAR #991804

$4,199,000—
Nov 22, 2025

Listed (Active)

ECAR #990138

$4,300,000—
Nov 21, 2025

Withdrawn

ECAR #965382

$4,495,000—
Dec 31, 2024

Listed (Active)

ECAR #965382

$4,495,000—
Oct 1, 2024

Expired

ECAR #933988

—
Jan 31, 2024

Temporarily Off Market

ECAR #933988

—
Oct 5, 2023

Listed (Active)

ECAR #933988

$598,500—
Oct 2, 2023

Sold (Public Record)

Public Record #1519780762

$4,100,000

-6.4% / yr

Oct 2, 2023

Sold

ECAR #926255

$4,100,000—
Sep 14, 2023

Pending

ECAR #926255

—
Jun 24, 2023

Listed (Active)

ECAR #926255

$4,400,000—
Jun 23, 2023

Withdrawn

ECAR #914467

$4,468,000—
May 22, 2023

Listed (Active)

ECAR #914467

$4,750,000—
Sep 7, 2022

Sold (Public Record)

Public Record #1497956462

$4,400,000

+243.6% / yr

Sep 7, 2022

Sold

ECAR #890932

$4,400,000—
May 20, 2022

Pending

ECAR #890932

—
Feb 11, 2022

Listed (Active)

ECAR #890932

$4,425,000—
Jan 5, 2021

Sold (Public Record)

Public Record #1450901128

$560,000—
Jan 5, 2021

Sold (Public Record)

Public Record #1489134029

$560,000—
Jan 5, 2021

Sold (Public Record)

Public Record #1490990086

$560,000

+6.7% / yr

May 18, 2011

Sold (Public Record)

Public Record #309808843

$300,000

-34.2% / yr

Jul 24, 2009

Sold (Public Record)

Public Record #273488895

$641,800

-6.5% / yr

May 31, 2005

Sold (Public Record)

Public Record #159116266

$850,000

+561.0% / yr

Jan 28, 2005

Sold (Public Record)

Public Record #150885351

$450,000—
DateEvent & SourcePrice
02/16/2026

Listed (Active)

ECAR #995472

$4,099,000
02/16/2026

Withdrawn

ECAR #991804

$4,199,000
12/27/2025

Withdrawn

ECAR #990138

$4,300,000
12/27/2025

Listed (Active)

ECAR #991804

$4,199,000
11/22/2025

Listed (Active)

ECAR #990138

$4,300,000
11/21/2025

Withdrawn

ECAR #965382

$4,495,000
12/31/2024

Listed (Active)

ECAR #965382

$4,495,000
10/01/2024

Expired

ECAR #933988

—
01/31/2024

Temporarily Off Market

ECAR #933988

—
10/05/2023

Listed (Active)

ECAR #933988

$598,500
10/02/2023

Sold (Public Record)

Public Record #1519780762

$4,100,000

-6.4% / yr

10/02/2023

Sold

ECAR #926255

$4,100,000
09/14/2023

Pending

ECAR #926255

—
06/24/2023

Listed (Active)

ECAR #926255

$4,400,000
06/23/2023

Withdrawn

ECAR #914467

$4,468,000
05/22/2023

Listed (Active)

ECAR #914467

$4,750,000
09/07/2022

Sold (Public Record)

Public Record #1497956462

$4,400,000

+243.6% / yr

09/07/2022

Sold

ECAR #890932

$4,400,000
05/20/2022

Pending

ECAR #890932

—
02/11/2022

Listed (Active)

ECAR #890932

$4,425,000
01/05/2021

Sold (Public Record)

Public Record #1450901128

$560,000
01/05/2021

Sold (Public Record)

Public Record #1489134029

$560,000
01/05/2021

Sold (Public Record)

Public Record #1490990086

$560,000

+6.7% / yr

05/18/2011

Sold (Public Record)

Public Record #309808843

$300,000

-34.2% / yr

07/24/2009

Sold (Public Record)

Public Record #273488895

$641,800

-6.5% / yr

05/31/2005

Sold (Public Record)

Public Record #159116266

$850,000

+561.0% / yr

01/28/2005

Sold (Public Record)

Public Record #150885351

$450,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 127 Oyster Lake Drive

Taxable ValueLand$777,750Additions$2,100,161Total$2,877,911
Tax Record2024$30,031 ($2,503 / month)
Home Facts
Beds5Total Finished SqFt4,037 SqFtAbove Grade Finished SqFt4,037 SqFtStories2Lot Size29,403 SqFtStyleSingle Family ResidenceYear Built2022ZoningLKDUNECountyWALTONAPN04-3S-20-34070-00E-0010Fireplace TypeHas Fireplace

Schools near 127 Oyster Lake Drive

This home is within Walton.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 5 to 12
Rating
School
Distance
Van R. Butler Elementary School
PublicK to 5

Emerald Coast Middle School
Public6 to 8

South Walton High School
Public9 to 12

Seaside Neighborhood School
Charter5 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

127 Oyster Lake Drive is a single family home for sale in Santa Rosa Beach, FL 32459. This property was listed for sale on February 16, 2026 by Compass, it's currently listed at $4,099,000. It has been on the market for a total of 17 days and was last sold on October 2, 2023. This listing's school district is Walton. Nearby schools include Van R. Butler Elementary School, Emerald Coast Middle School and South Walton High School. 127 Oyster Lake Drive is a 5-bed, 6-bath, 4,006 sqft single family home built in 2022.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2026 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.