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**** $10K in sellers concessions being offered *** Our preferred lender is offering a lender credit towards permanent interest rate buydown for qualified buyer. *** New Construction in Historic Point Washington in Magnolia Beach, one of Santa Rosa Beach's most desirable and serene neighborhoods. Nestled within the historic charm of Point Washington, this stunning 5-bedroom, 3-bathroom home offers the perfect blend of comfort, coastal living, and investment potential. With no HOA or rental restrictions, this property is ideal for full-time homeowners, vacationers, or savvy investors seeking flexibility and value. Surrounded by towering pines and the natural beauty of the Gulf Coast, this home offers a peaceful sanctuary just steps from the Choctawhatchee Bay, a public boat ramp, and the tranquil trail of Eden Gardens State Park. Enjoy your mornings kayaking, horseback riding, birdwatching, tubing, snorkeling, paddleboarding, or fishing, and your evenings soaking in the sunsets by the bay. Located just a short bike ride to 30A and the white sands of Grayton Beach, you're minutes from world-class dining, boutique shopping, and the vibrant lifestyle that makes South Walton famous. Whether you're hiking through Point Washington State Forest, exploring the emerald waters of the Gulf, or enjoying the chic scenes of Grand Boulevard, every day feels like a vacation here. Home Features Include: 5 spacious bedrooms & 3 full baths Fireplace High-quality new construction with modern finishes Open-concept living perfect for entertaining Large back yard 5-6 car parking under staircase storage and large closets with wood shelving throughout large walk in hvac / water heater room with space for storage Surrounded by lush nature and peaceful trails .5 miles to Choctawhatchee Bay No HOA or rental restrictions This home is not just a place to live...it's a lifestyle. Whether you're seeking a full-time residence, a vacation retreat, or an income-generating investment, this rare find in Point Washington checks all the boxes. Step into coastal living today......schedule your private showing!