388 Cypress Drive, Santa Rosa Beach, FL 32459
CYPRESS DUNES · Walton County
Key Facts
Description
Located in the gated community of Cypress Dunes along the west end of Scenic Highway 30A, 388 Cypress Drive is a beautifully designed 3-bedroom, 3.5-bath coastal residence offering Gulf views, refined architecture, and rare expansion potential in a peaceful, natural setting. The second-floor living space makes an immediate impression with dramatic wall-to-wall windows, flooding the home with natural light and creating a bright, elevated coastal aesthetic. The kitchen has been thoughtfully remodeled within the past five years and features modern finishes, including a striking waterfall-edge countertop that adds a clean, contemporary focal point. It flows seamlessly into the open living and dining areas--ideal for entertaining or relaxed everyday living. Additional recent improvements include a new HVAC units, fresh interior and exterior paint, and updated bathroom countertops, providing both style and peace of mind for the next owner. The third floor captures partial west-facing Gulf views and features a private balcony, perfectly positioned for sunset evenings and coastal breezes. Rear alley access provides flexibility rarely found along 30A--the back portion of the lot offers space to build a two-car garage with carriage house above or expand the existing home, adding both functionality and long-term value. Surrounded by the protected beauty of Topsail Hill Preserve State Park, the community offers a quiet, scenic backdrop while remaining conveniently close to the shops and restaurants at Gulf Place and Grand Boulevard. Beach access is just a short distance away, along with access to the trails and shoreline of Topsail Preserve. Cypress Dunes amenities include a Gulf-view infinity-edge pool, outdoor fireplace and gathering pavilion, fitness center, tennis and pickleball courts, and winding nature trails. An exceptional opportunity for a primary residence, second home, or investment property in one of 30A's most serene coastal settings.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Beach House
Year Built
2006
Living Area
2,328 sq ft
Lot Size
0.08 acres
Lot Dimensions
40x85
Zoning
Resid Single Family
Days on Market
128
MLS® Listing#
996947
Property Features
Exterior
Cooling
Heating
Pool
Patio
Roof
Community
Sewer
Water Source
Rooms
- 10 x 10Second
- Bedroom15 x 11First
- Bedroom15 x 12First
- Living Room17 x 15Second
- Master Bedroom20 x 16Third
Schools
- Elementary:
- Van R Butler
- Middle:
- Emerald Coast
- High:
- South Walton
Financial Details
HOA
$1,250 / Quarterly
Annual Taxes
$7,882
Tax year 2025
Assessed Value
$1,250
Parcel Number
32-2S-20-33300-000-1330
Directions
Take Hwy 98 / U.S.-98 west or east to West County Hwy 30A. Turn south (right if westbound / left if eastbound) onto W County Hwy 30A. Right onto Cypress Crossing (entrance to Cypress Dunes). Left onto Cypress Walk. Right onto Cypress Drive. The home at 388 Cypress Drive will be on the right. Across from the Amenity Center.
Affordability Calculator
$248,000
Estimated monthly payment
$6,600/mo
Principal $992,000 · Est. interest $1,383,928 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Santa Rosa Beach, FL
- $503,435
- Median Listing Price
- 117
- Median Days on Market
- 1,400
- Median Sq Ft
- $385
- Median Price / Sq Ft
- 27,287
- Active Listings
- This home’s price is 146% above the area median.
- Its price per sq ft is 38% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Santa Rosa Beach, FL.
Location
Points of Interest in Santa Rosa Beach, FL
Showing the Santa Rosa Beach area map.
Nearby Schools
Emerald Coast Middle School
School · 0.6 mi away
Van R Butler Elementary School
Elementary · 0.6 mi away
The Tree House Episcopal Montessori School
Elementary · 3.0 mi away
Gateway Academy
School · 5.1 mi away
South Walton High School
Secondary · 5.5 mi away
Seaside Neighborhood School
Elementary · 8.4 mi away
Bay Elementary School
Elementary · 9.1 mi away
South Walton Montessori Academy
Elementary · 9.2 mi away
Emerald Coast Middle School
Secondary · 9.3 mi away
The Preschool at Point Washington
School · 9.3 mi away
Destin Middle School
Secondary · 9.6 mi away
Destin High School
Secondary · 10.5 mi away
Naval School Explosive Ordnance Disposal
School · 11.4 mi away
Dune Lakes Elementary School
Elementary · 11.7 mi away
Bluewater Elementary School
Elementary · 12.5 mi away
Freeport Middle School
Secondary · 12.6 mi away
Asheford Institute of Antiques
School · 13.1 mi away
Freeport Elementary School
Elementary · 13.1 mi away
Destin Elementary School
Elementary · 13.4 mi away
Ashnick Academy
School · 15.1 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 4705 Dovehill Drive, Palm Beach Gardens, FL | $868,500 | 3 | 2 | 2,023 |
| 7 Valdare Lane, Inlet Beach, FL | $869,000 | 3 | 4 | 2,241 |
| 6606 HOLMES BOULEVARD 3, HOLMES BEACH, FL | $869,000 | 2 | 2 | 910 |
| 55 Secret Harbor Drive, Miramar Beach, FL | $869,000 | 4 | 2 | 1,919 |
| 407 20TH AVENUE, INDIAN ROCKS BEACH, FL | $869,000 | 2 | 2 | 1,080 |
| 14 Princess Circle, Ormond Beach, FL | $869,000 | 3 | 4 | 2,964 |
Moving Cost Estimate
EXIT Agents in Santa Rosa Beach
Listing Courtesy: Berkshire Hathaway HomeServices - 8505343006