135 Grayling Way

1,772 Sq. Ft.
$423 / Sq. Ft.
1,772
Sq. Ft.
$423
per Sq. Ft.

Description

Perfectly positioned in the heart of Inlet Beach within the desirable Water View subdivision, 135 Grayling Way offers a true turnkey opportunity along the iconic Scenic Highway 30A corridor. Just minutes from Rosemary Beach and only .3 mile from your doorstep to the sand, this fully furnished 3 bedroom, 3 bathroom beach home blends comfort, quality, and investment potential. Thoughtfully updated and impeccably maintained, this property has never been rented and reflects exceptional owner care, including...Perfectly positioned in the heart of Inlet Beach within the desirable Water View subdivision, 135 Grayling Way offers a true turnkey opportunity along the iconic Scenic Highway 30A corridor. Just minutes from Rosemary Beach and only .3 mile from your doorstep to the sand, this fully furnished 3 bedroom, 3 bathroom beach home blends comfort, quality, and investment potential. Thoughtfully updated and impeccably maintained, this property has never been rented and reflects exceptional owner care, including seasonal pressure washing, proactive whole-home maintenance, active termite bond, and professional landscape upkeep. Recent improvements include updated HVAC units, new hot water heater, outdoor shower, rain gutters, fenced backyard with covered entertaining oasis, and added storage closets for enhanced functionality. Inside, the open and inviting layout comfortably accommodates multiple guests, making it ideal as a primary residence, second home, or income-producing short-term rental. Rental projections exceed $60,000+ annually! , offering strong income potential from day one. Generous storage throughout sets this home apart from typical beach properties, adding practical convenience for both owners and guests. Outdoor living spaces create the perfect setting to unwind after a day on the Gulf, whether rinsing off under the outdoor shower, gathering around the fire in the evening, or relaxing beneath the covered patio. An extra-wide bike path just around the corner connects seamlessly to 30Avenue and extends over the bridge toward Panama City Beach. Pedestrian access through the nearby tunnel allows safe and easy passage beneath Highway 98 toward 30A and Rosemary Beach. Beach access is effortless via Inlet Beach Regional Beach Access at the southern end of South Orange Street, the largest access point in Walton County. Amenities include ample parking, restrooms, showers, and expansive natural dunes. Just offshore lies Grouper Reef, a popular artificial snorkel reef approximately 970 feet from shore, known for vibrant marine life including fish, dolphins, and sea turtles. Nature lovers will appreciate being just one mile from Camp Helen State Park, home to Lake Powell, one of the largest and rare coastal dune lakes in North America. Enjoy kayaking, paddleboarding, and exploring preserved coastal landscapes. The eastern end of 30A also provides quick access to Pier Park shopping and dining, as well as Northwest Florida Beaches International Airport (ECP) for convenient travel. With nearby beach access just .3 mile away, a location that consistently commands demand, and a fully furnished, move-in-ready property positioned for immediate rental income, 135 Grayling Way delivers exceptional value along 30A. Whether you're seeking a personal coastal retreat or a high-performing investment property, this Inlet Beach home offers refreshed interiors, rental-ready convenience, and a prime location near Rosemary Beach and the Gulf.
  1. Listed by Steve E Philpot • Brokerage DRE #no data • EXP Realty LLC
    P: (850)-517-0284 C: (850)-517-0284 stevephilpotrealtor@gmail.com
  2. Listed by Joshua D Legare • Brokerage DRE #no data • EXP Realty LLC
    P: (850)-737-8830 C: (850)-737-8830 josh@teamronin.com

Property Details for 135 Grayling Way

Zoning
Resid Single Family
Architectural Style
Beach House
Subdivision Name
WATERVIEW AT INLET BEACH
LISTING UPDATED: 02/25/2026 11:46 AM

Property Details for 135 Grayling Way

StatusActive
MLS #995700
Days on Market15
Taxes$3,191 / year
HOA Fees$650 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Detached Single Family
Year Built2014
Lot Size0.07 AC / 3,049 SF
CountyWalton County

Location

Listing Courtesy of EXP Realty LLC
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Building Information for 135 Grayling Way

Stories2Year Built2014Building Size-Lot Size0.07 AC / 3,049 SF

Payment Calculator

$3,975 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,655

Property Taxes

$266

HOA Dues

$54

The Payment Calculator is for illustrative purposes only.

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Property Information for 135 Grayling Way

Summary
Location and General Information
  • Community Features: Pets Allowed
  • Directions: Go N on N Orange st, turn left on Grayling way house will be on the left
  • MLS Area Minor: 1805 - N of Hwy 98
  • MLS Area Major: 18 - 30A East
  • Latitude: 30.278073
  • Longitude: -86.005393
  • Location Tax and Legal:Sub Area: 1805 - N of Hwy 98
  • Location Tax and Legal:Elementary School: Dune Lakes
  • Location Tax and Legal:Middle School: Emerald Coast
  • Location Tax and Legal:High School: South Walton
  • Location Tax and Legal:Legal Description: Lot 16 Water View At Inlet Beach Pb 18-41 Or 2880-4346 Or 2880-4357 Or 2952-2449 Or 3072-1946
  • Project Facilities: Pets Allowed2
Taxes and HOA
  • Association Fee Frequency: Annually
  • Association Fee Includes: Master Association
  • Association Fee2: $650
  • Tax Legal Description: Lot 16 Water View At Inlet Beach Pb 18-41 Or 2880-4346 Or 2880-4357 Or 2952-2449 Or 3072-1946
  • Parcel Number: 36-3S-18-16810-000-0160
  • Association Fee: $0
  • Association YN: Yes
  • Tax Annual Amount: $3,191
  • Listing Info Tax Legal:Last Taxes: $3,191
  • Listing Info Tax Legal:Last Tax Year: 2025.0
School Information
  • Elementary School: Dune Lakes
  • Middle Or Junior School: Emerald Coast
  • High School: South Walton
Parking
  • Carport YN: No
  • Attached Garage YN: Yes
  • Parking Features: Garage
  • Garage Spaces: 1.0
  • General Property Info:Driveway Spaces: 2.0
  • Parking Features: Garage3, Garage Attached
Property
Lot Information
  • Building Area Source: County PA Records
  • Lot Size Dimensions: 40 x 80
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Units: Acres
  • Property Condition: Construction Complete
  • Lot Features: Covenants, Interior, Restrictions
  • Building Area Total: 1772.0
  • Lot Size Square Feet: 3049.2
  • General Property Info:SqFt Source: County PA Records
  • LotParcel Access: Paved Road
  • Lot Features: Covenants, Interior, Restrictions
Property and Assessments
  • Road Surface Type: Paved
  • Tax Year: 2025.0
  • Floor Plans Count: 0.0
  • Property Type: Residential
  • Year Built: 2014.0
  • 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: Roof Dimensional Shg, Slab
  • Occupancy Status: Occupied
Utilities
  • Sewer: Public Sewer
  • Utilities: Electric, Phone, Public Water, TV Cable
  • Electric: True
  • Utilities: Electric, Phone2, Public Sewer, Public Water, TV Cable
  • Energy: AC - Central Elect, Ceiling Fans, Double Pane Windows, See Remarks, Water Heater - Elect
Interior and Exterior Features
Exterior Features
  • Exterior Features: Fenced Back Yard, Shower
  • Foundation Details: Slab
  • Stories: 2.0
  • Patio And Porch Features: Patio Covered
  • Fencing: Fenced Lot-All
  • General Property Info:Pool: No
  • General Property Info:Pool Type: None
  • Exterior: Fenced Back Yard, Fenced Lot-All, Patio Covered, Shower
Interior Features
  • Cooling: Ceiling Fans, Central Air
  • Interior Features: Breakfast Bar, Floor Allowance, Kitchen Island, Lighting Recessed, Owner's Closet, Washer/Dryer Hookup
  • Flooring: Floor Hardwood
  • Window Features: Window Treatmnt Some, Double Pane Windows
  • Room Type: Family Room, Kitchen, Dining Area, Master Bedroom, Bedroom, Garage
  • Rooms Total: 6.0
  • Bathrooms Total Integer: 3.0
  • Bathrooms Total Decimal: 2.5
  • Bathrooms Total Notational: 2.1
  • Cooling YN: Yes
  • Bedrooms Total: 3.0
  • Bathrooms Full: 2.0
  • Bathrooms Half: 1.0
  • Interior: Breakfast Bar, Floor Allowance, Floor Hardwood, Furnished - All, Kitchen Island, Lighting Recessed, Owner's Closet, WasherDryer Hookup, Window Treatmnt Some
  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Microwave, Oven Self Cleaning, Refrigerator, Refrigerator WIceMk, Smoke Detector, StoveOven Electric
Room Information
Room 1
  • Room Type: Family Room
  • Room Level: First
  • Room Length: 20.0
  • Room Width: 13.0
  • Room Dimensions: 20 x 13
Room 2
  • Room Type: Kitchen
  • Room Level: First
  • Room Length: 11.0
  • Room Width: 10.0
  • Room Dimensions: 11 x 10
Room 3
  • Room Type: Dining Area
  • Room Level: First
  • Room Length: 11.0
  • Room Width: 10.0
  • Room Dimensions: 11 x 10
Room 4
  • Room Type: Master Bedroom
  • Room Level: Second
  • Room Length: 15.0
  • Room Width: 14.0
  • Room Dimensions: 15 x 14
Room 5
  • Room Type: Bedroom
  • Room Level: Second
  • Room Length: 12.0
  • Room Width: 11.0
  • Room Dimensions: 12 x 11
Room 6
  • Room Type: Garage
  • Room Level: First
  • Room Length: 18.0
  • Room Width: 11.0
  • Room Dimensions: 18 x 11
Multi Family
Multi Family Information
  • Furnished: Furnished - All
Rental
Rent Information
  • Listing Info Tax Legal:Is Subject Leased: false

Property History for 135 Grayling Way

DateEvent & SourcePriceAppreciation
Feb 19, 2026

Listed (Active)

ECAR #995700

$749,900—
Nov 18, 2025

Expired

ECAR #963529

$739,000—
Aug 15, 2025

Sold (Public Record)

Public Record #1909639377

$485,000

+5.8% / yr

Nov 22, 2024

Listed (Active)

ECAR #963529

$739,000—
Apr 30, 2018

Sold (Public Record)

Public Record #621320395

$321,000

+9.4% / yr

Apr 30, 2018

Sold

CPAR #666340

$321,000—
Apr 30, 2018

Sold

ECAR #779828

$321,000—
Mar 19, 2018

Pending

CPAR #666340

—
Mar 19, 2018

Pending

ECAR #779828

—
Jan 9, 2018

Price Change

ECAR #779828

$326,900—
Dec 30, 2017

Listed (Active)

CPAR #666340

$335,000—
Dec 28, 2017

Expired

CPAR #661145

$335,000—
Jul 20, 2017

Listed (Active)

CPAR #661145

$345,000—
Jul 19, 2017

Listed (Active)

ECAR #779828

$345,000—
Jun 16, 2014

Sold

ECAR #705198

$226,240—
Jun 12, 2014

Sold (Public Record)

Public Record #418186971

$226,240—
May 5, 2014

Pending

ECAR #705198

—
May 5, 2014

Listed (Active)

ECAR #705198

$230,860—
DateEvent & SourcePrice
02/19/2026

Listed (Active)

ECAR #995700

$749,900
11/18/2025

Expired

ECAR #963529

$739,000
08/15/2025

Sold (Public Record)

Public Record #1909639377

$485,000

+5.8% / yr

11/22/2024

Listed (Active)

ECAR #963529

$739,000
04/30/2018

Sold (Public Record)

Public Record #621320395

$321,000

+9.4% / yr

04/30/2018

Sold

CPAR #666340

$321,000
04/30/2018

Sold

ECAR #779828

$321,000
03/19/2018

Pending

CPAR #666340

—
03/19/2018

Pending

ECAR #779828

—
01/09/2018

Price Change

ECAR #779828

$326,900
12/30/2017

Listed (Active)

CPAR #666340

$335,000
12/28/2017

Expired

CPAR #661145

$335,000
07/20/2017

Listed (Active)

CPAR #661145

$345,000
07/19/2017

Listed (Active)

ECAR #779828

$345,000
06/16/2014

Sold

ECAR #705198

$226,240
06/12/2014

Sold (Public Record)

Public Record #418186971

$226,240
05/05/2014

Pending

ECAR #705198

—
05/05/2014

Listed (Active)

ECAR #705198

$230,860

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

Public Records for 135 Grayling Way

Taxable ValueLand$150,000Additions$474,042Total$624,042
Tax Record2024$3,128 ($261 / month)
Home Facts
Beds3Total Finished SqFt1,772 SqFtAbove Grade Finished SqFt1,772 SqFtStories2Lot Size3,180 SqFtStyleSingle Family ResidenceYear Built2014CountyWALTONAPN36-3S-18-16810-000-0160

Schools near 135 Grayling Way

This home is within Walton.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Dune Lakes Elementary School
PublicK to 5

Emerald Coast Middle School
Public6 to 8

South Walton High School
Public9 to 12

WALTON VIRTUAL SCHOOL WCSD-7023
PublicK 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

135 Grayling Way is a single family home for sale in Inlet Beach, FL 32461. This property was listed for sale on February 19, 2026 by EXP Realty LLC, it's currently listed at $749,900. It has been on the market for a total of 15 days and was last sold on August 15, 2025. This listing's school district is Walton. Nearby schools include Dune Lakes Elementary School, Emerald Coast Middle School and South Walton High School. 135 Grayling Way is a 3-bed, 3-bath, 1,772 sqft single family home built in 2014.

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.

Listing Courtesy of EXP Realty LLC

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.