1303 Laurel Way, Miramar Beach, FL 32550 Laurel Grove
Laurel Grove For Sale $999,999
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HUGE PRICE IMPROVEMENT -- Reduced by $200,000 Positioned on a premium lot within Sandestin Golf and Beach Resort, this extensively updated Laurel Grove home presents an exceptional opportunity for investors, second-home buyers, or those seeking a spacious full-time residence. One of the largest floor plans in Laurel Grove, this property offers features rarely found within the neighborhood, making it stand out from the competition. Major capital improvements--including a new roof (2024), exterior paint (2024), brick paver driveway (2023), and updated HVAC--provide peace of mind while helping minimize near-term ownership costs. An attached garage with additional storage, along with a location just steps from the community pool and fitness center, further enhances both convenience and long-term value. Designed with flexibility in mind, the floor plan maximizes both comfort and rental potential. The home features primary suites on both the first and second floors, an oversized guest bedroom, and a recently added bonus room upstairs, creating excellent accommodations for large families or vacation guests. Although the current owners have never rented the property, projected annual rental income is estimated between $80,000 and $105,000. Inside, you'll find soaring ceilings, a dramatic wide staircase, hardwood flooring throughout the main living areas and stairway, fresh interior paint, and an inviting living room centered around a beautiful fireplace with custom built-ins. The spacious kitchen offers a large center island, abundant cabinetry, and generous workspace for entertaining. One of the home's most distinctive features is its exceptional outdoor living space. Enjoy two screened porches spanning both levels, including a newly created upper-level retreat featuring a charming hanging daybed--an ideal spot to unwind after a day at the beach or golf course. Additional highlights include exceptionally large bedrooms, oversized walk-in closets throughout, abundant storage, and thoughtful design details that are difficult to find in Laurel Grove. Located within the gates of Sandestin Golf and Beach Resort, owners and guests enjoy access to championship golf courses, a full-service marina, sugar-white beaches, tennis and pickleball courts, miles of walking and biking trails, The Village of Baytowne Wharf, shopping, dining, and entertainment--all contributing to strong and consistent demand for vacation rentals. Combining generous living space, extensive updates, resort amenities, and excellent income potential, this is one of Laurel Grove's most compelling opportunities.
Condition: Move in Ready
Stairs: No
Bed Down: No
Master Down: Yes
Unit: No
High Rise: No
Atmosphere: Moderate activity
Walkability: Resort path access
Density: Low
Video: https://youtu.be/m5fgJpc64ro
Rental Allowed: Yes
Rental: Unrestricted
Cart Parking: Yes
Insurance: No
Capital Contribution: 0.005
Flood Zone: No
Bookcases
Crown Molding
Fireplace
Kitchen Island
Newly Painted
Owner's Closet
Pantry
Wallpaper
Washer/Dryer Hookup
Columns
Sprinkler System
Porch Open
Porch Screened
Dishwasher
Disposal
Dryer
Microwave
Range Hood
Refrigerator
Washer
Electric Water Heater
Lake
Elementary School: Van R Butler
Middle School: Emerald Coast
Junior High: Emerald Coast
High School: South Walton
Listing Courtesy Of: Newman Dailey Resort Properties
shannyn@knowthegulfcoast.com
Property Details - Condition
Rental Type:
Unrestricted
Golf Cart Parking:
Yes
View:
Lake
Price: $999,999
Bedrooms: 3
Bathrooms: 3
Partial Baths: 1
City: Miramar Beach
County: Walton
Development: Sandestin Golf And Beach Resort
Subdivision: Laurel Grove
Acres: 0.0700
Year Built: 2003
Listing Number: 993985
Status Code: A-Active
Garage:
1
/
Y
HUGE PRICE IMPROVEMENT -- Reduced by $200,000 Positioned on a premium lot within Sandestin Golf and Beach Resort, this extensively updated Laurel Grove home presents an exceptional opportunity for investors, second-home buyers, or those seeking a spacious full-time residence. One of the largest floor plans in Laurel Grove, this property offers features rarely found within the neighborhood, making it stand out from the competition. Major capital improvements--including a new roof (2024), exterior paint (2024), brick paver driveway (2023), and updated HVAC--provide peace of mind while helping minimize near-term ownership costs. An attached garage with additional storage, along with a location just steps from the community pool and fitness center, further enhances both convenience and long-term value. Designed with flexibility in mind, the floor plan maximizes both comfort and rental potential. The home features primary suites on both the first and second floors, an oversized guest bedroom, and a recently added bonus room upstairs, creating excellent accommodations for large families or vacation guests. Although the current owners have never rented the property, projected annual rental income is estimated between $80,000 and $105,000. Inside, you'll find soaring ceilings, a dramatic wide staircase, hardwood flooring throughout the main living areas and stairway, fresh interior paint, and an inviting living room centered around a beautiful fireplace with custom built-ins. The spacious kitchen offers a large center island, abundant cabinetry, and generous workspace for entertaining. One of the home's most distinctive features is its exceptional outdoor living space. Enjoy two screened porches spanning both levels, including a newly created upper-level retreat featuring a charming hanging daybed--an ideal spot to unwind after a day at the beach or golf course. Additional highlights include exceptionally large bedrooms, oversized walk-in closets throughout, abundant storage, and thoughtful design details that are difficult to find in Laurel Grove. Located within the gates of Sandestin Golf and Beach Resort, owners and guests enjoy access to championship golf courses, a full-service marina, sugar-white beaches, tennis and pickleball courts, miles of walking and biking trails, The Village of Baytowne Wharf, shopping, dining, and entertainment--all contributing to strong and consistent demand for vacation rentals. Combining generous living space, extensive updates, resort amenities, and excellent income potential, this is one of Laurel Grove's most compelling opportunities.
Curated Details:
Condition: Move in Ready
Stairs: No
Bed Down: No
Master Down: Yes
Unit: No
High Rise: No
Atmosphere: Moderate activity
Walkability: Resort path access
Density: Low
Video: https://youtu.be/m5fgJpc64ro
Rental Allowed: Yes
Rental: Unrestricted
Cart Parking: Yes
Insurance: No
Capital Contribution: 0.005
Flood Zone: No
Interior Features:
Bookcases
Crown Molding
Fireplace
Kitchen Island
Newly Painted
Owner's Closet
Pantry
Wallpaper
Washer/Dryer Hookup
Exterior Features:
Columns
Sprinkler System
Porch Open
Porch Screened
Equipment:
Dishwasher
Disposal
Dryer
Microwave
Range Hood
Refrigerator
Washer
Electric Water Heater
View:
Lake
School Information:
Elementary School: Van R Butler
Middle School: Emerald Coast
Junior High: Emerald Coast
High School: South Walton
Additional Information:
Map of 1303 Laurel Way, Miramar Beach, FL 32550
Listing Courtesy Of: Newman Dailey Resort Properties
shannyn@knowthegulfcoast.com
The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. Some properties that appear for sale on this website may subsequently have sold or may otherwise no longer be available. All properties are subject to price or other changes without notice. For the most current information, please contact us. Information last refreshed: 2026-08-08 15:26:01
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