240 Overlook Drive

Miramar Beach FL 32550

4512 sq. ft.

23086.8 sq. ft.

Single-Family

Last sold for $3,025,000

Spears Group, last sold this property on 30 June 2022 after 23 days on market.

Overview

Built in 2019, this beautiful beach home is situated on a massive half-acre lot that has ample privacy and captures stunning gulf vistas from the top floor. The community of Gulf Pines presided over one of the quietest and most private beaches in the area and has surprisingly low HOA fees of only $300 annually. This contemporary 2019 beach house has space to spread out and enjoy the Florida lifestyle. The private southwest-facing yard has an enviable 18-ft. by 35-ft. private pool with overflow spa and a shallow tanning ledge for relaxing. Stretching over 100 feet, there's still ample space to add a carriage house which would truly maximize the rental potential of this home. The summer kitchen is kitted out with a stainless steel grill, commercial ice maker, and wet bar, providing an amazing space for entertaining and relaxing poolside. Step through the mahogany front door and enter this superior home, enhanced by wood flooring, soaring ceilings, and ample natural daylight. The spacious open floor plan includes two entertainment/living areas on the main floor and a generous media room on the second floor. Chefs and those who enjoy entertaining will be enamored with the magnificent kitchen. It boasts an oversized island for informal meals or serving canapes and cocktails before dinner. Two dishwashers, twin ovens and two prep sinks are complemented by a full range of high-end appliances. A series of balconies and terraces on all four levels provide elevated views of the pool and make the perfect place for gathering at sunsets. Guests and house parties are no problem with six well-planned bedrooms including an additional bunk room fitted for eight, and two additional guest suites on the third floor. The master suite enjoys a prime first-floor location. It has a luxury bathroom with a standalone soaker tub and a sliding glass door with direct access to the pool for an early morning dip. Located south of Highway 98 in the peaceful Gulf Pines community in Miramar Beach, this property is a real gem. It's located within a five-minute drive of the world-class shopping and dining offered at the Sandestin Outlets, Baytowne Wharf and Grand Boulevard shopping complexes. Deeded access to the uncrowded beach makes it ideal for vacation rentals or as a primary or second home.

Features

7 bedrooms

7 bathrooms

1 carspace

1 garage space

4512 sq. ft. floor area

23086.8 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 7 bedroom single-family properties sold in Miramar Beach over the last 12 months, the estimated median property value of 240 Overlook Drive is $2.27m.

Median value

$2.27m

Estimated value range

$1.15m - $5.5m

Median days on market

100

Estimated value trend

31%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Miramar Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.