Back 298 Cobalt Ln
Off Market

298 Cobalt Ln

Miramar Beach FL 32550

3
3
2
2021 sq. ft.
5662.8 sq. ft.
Single-Family
Last sold for $780,000
Caleb SpearsCaleb Spears, last sold this property on 23 October 2025 after 267 days on market.

Overview

WALKTHROUGH TOUR AVAILABLE 298 Cobalt Lane is a master class in craftsmanship and style. Built by the renowned Huff Homes, this property boasts custom upgrades including gas appliances, upgraded engineered hardwood flooring, upgraded tile and countertops, a walk-in laundry room, gas appliances, double crown molding, epoxy-flooring in the 2-car garage, and a private, heated pool. Framed by chic gas lanterns, 298 Cobalt Lane's classic southern-style brick design exudes elegance. The property's floor plan flows well and wastes zero space. Rarely seen at this price point, the home is outfitted with engineered hardwood flooring; flooring of this quality is typically reserved for multimillion dollar estates. Each bedroom is spacious, and every closet has been fitted with custom shelving to maximize the home's storage. That custom shelving is also present in the walk-in laundry room which boasts a custom-made folding rack. The guest bedroom suites both have dedicated full-sized bathrooms that include upgraded tile as well as quartz countertops. The tile selections in this property are of a quality I normally only find in my listings above $2,000,000 in value; the quality of this property is exceptional in every aspect. The kitchen is outfitted with stainless steel, gas appliances that are framed in by a porcelain tile backsplash and quartz countertops. The kitchen also has custom floor-to-ceiling shelving built into the pantry. One thing I really appreciate about the floorplan at 298 Cobalt Lane is the headers that separate the kitchen, dining room, and living room. Although it's an open floorplan design, the headers give each space a sense of definition, an end point to clearly delineate one space from the next. It's almost like the architect found a way to cleverly create a traditional floorplan feel while maintaining the maximum space utilization that an open floorplan allows. The living room is extremely spacious, it feels much larger than you'd expect for a home of just over 2,000 square feet. The gas fireplace is framed with an elegant marble tile which continues the high-end feel that this property consistently maintains throughout. The master suite is spacious, providing ample room for a king-sized bed, end tables, and a chest-of-drawers with room to spare. The California-style walk-in closet boasts floor-to-ceiling custom shelving, and the bathroom suite as a large walk-in shower and two separate vanities. The backyard is the crown jewel of this home; it's one of the only properties on the street with a private, heated pool and a screened-in back porch. The additional fenced-in yard space is perfect for children to play or to have a quiet area to let your pets roam. 298 Cobalt Lane is located in the gated subdivision of Emerald Bay, renowned for it's 18-hole golf course and luxurious community amenities that include a clubhouse, spacious pool, tennis courts, pickleball, and 24-hour security. Emerald Bay is located only 2.6 miles from a public beach access and it's positioned even closer than that to the world-class shopping and dining accommodations at the Destin Commons including the area's only Whole Foods market. Emerald Bay is within 5-minutes of the world-class boating accommodations of Legendary Marina, and it sits within a 10-minute drive from over 50 different restaurants as well as bowling alleys, movie theaters, Big Kahuna's Waterpark, multiple public beach accesses, and a host of other entertainment and dining options.

Features

3 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
2021 sq. ft. floor area
5662.8 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Miramar Beach over the last 12 months, the estimated median property value of 298 Cobalt Ln is $786k.

Median value
$786k
Estimated value range
$380k - $3.1m
Median days on market
62
Estimated value trend
-4%
decrease 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.

Property history for 298 Cobalt Ln

2026
Rented
Undisclosed
02 Mar 2026 by Compass Florida, LLC
2025
Sold
$780,000
23 Oct 2025 by Caleb Spears, of Compass
2020
Sold
$575,000
09 Nov 2020 by Leslie Rudder, of Destin Lifestyles Real Estate

Happy sellers in Miramar Beach

89%
89% of sellers in Miramar Beach reported that their sale price either exceeded or met their price expectations.

Miramar Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 14 reviews in Miramar Beach over the last 12 months.

Local market activity for 3 bedroom single-family properties in Miramar Beach

In the last 12 months, 114 three-bedroom single-family properties similar to 298 Cobalt Ln, have been sold.

This represents a 6% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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