409 E Water St, Inlet Beach, FL 32461
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Property image
OFF MARKET

409 E Water St
Inlet Beach, FL 32461

Rosemary Beach
  • 5 Beds
  • 6 Baths
  • 3,663 sqft

$10,433,800

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $61,195/mo*
Refinance Your Home

$10,433,800

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $61,195/mo*
Refinance Your Home
5 Beds
6 Baths
3,663 sqft

Home Value

Trulia Estimate
$10.4M
Since last month
Decreased$408K (-3.8%)
Since last year
Increased$371K (+3.7%)
Since last sale
Increased$3M (+42.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +42% in the last 10 years
MonthEstimated value
2026
August 2026$10.46M
July 2026$10.39M
June 2026$10.86M
May 2026$10.55M
April 2026$10.4M
March 2026$10.44M
February 2026$10.51M
January 2026$9.7M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
403 W Water St, Inlet Beach, FL
0.12
Single-Family Home
$7,500,000
11/21/25
5
6
4,592
188 Round Rd, Inlet Beach, FL
0.17
Single-Family Home
$5,250,000
07/28/26
5
6
3,733
24 Saint Georges Ln, Inlet Beach, FL
0.21
Single-Family Home
$5,700,000
01/06/26
6
6
3,465
25 Saint Georges Ln, Inlet Beach, FL
0.21
Single-Family Home
$4,450,000
08/15/25
6
5.5
3,400
116 Longue Vue Dr, Inlet Beach, FL
0.37
Single-Family Home
$6,100,000
11/24/25
5
5.5
4,403
25 Falmouth Ln, Inlet Beach, FL
0.04
Single-Family Home
$15,000,000
01/28/26
4
4
3,214
16 S Green Turtle Ln, Inlet Beach, FL
0.05
Single-Family Home
$4,300,000
12/01/25
4
3.5
3,072
166 Geoff Wilder Ln, Inlet Beach, FL
0.20
Single-Family Home
$5,235,000
09/12/25
5
5.5
2,691
171 Round Rd, Inlet Beach, FL
0.19
Single-Family Home
$6,550,000
05/08/26
7
8
4,100
20 E WATER ST, Rosemary Beach, FL
0.27
Single-Family Home
$4,300,000
05/12/26
4
4.5
2,741

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
25 Falmouth Ln, Inlet Beach, FL 32461
0.04
$15,000,000
4
4
3,214
Recently Sold
16 S Green Turtle Ln, Inlet Beach, FL 32461
0.05
$4,300,000
4
3.5
3,072
Recently Sold
106 Rosemary Ave, Inlet Beach, FL 32461
0.04
$4,088,100
4
4
2,250
Off Market
118 Hope Town Ln, Inlet Beach, FL 32461
0.06
$6,018,700
4
4
3,248
Off Market
67 Hopetown Ln, Rosemary Beach, FL 32461
0.07
$2,705,200
4
4.5
2,369
Off Market
38 S Cartagena Ln, Inlet Beach, FL 32461
0.07
$17,110,700
4
4.5
4,506
Off Market
21 Round Rd, Rosemary Beach, FL 32461
0.07
$3,366,300
5
4.5
2,850
Off Market
5 Main St #2C, Rosemary Beach, FL 32461
0.09
$1,820,000
2
2
785
Recently Sold
2D The Savannah, Rosemary Beach, FL 32461
0.10
$2,213,300
3
3.5
1,801
Off Market
72 Main St #2A, Rosemary Beach, FL 32461
0.11
$2,850,000
1
1
839
For Sale
82 S Barrett Sq #3E, Inlet Beach, FL 32461
0.11
$2,395,000
3
3
2,053
For Sale
17 Hope Town Ln, Inlet Beach, FL 32461
0.11
$3,630,400
5
4
2,218
Off Market

Local Information

  • Map ViewExplore the area around 409 E Water St.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2002
Living Area
3,663 sqft
Price/Sqft
$2,848
Parking
Garage

About this House

Come experience luxury beach living in this spectacular ready to move in home located one tier off the gulf. Pristine, amazing water views from the entire second level living, kitchen, dining, master suite and huge outdoor balcony. Exquisitely and newly renovated throughout and impeccably designed interiors by Melanie Turner have raised the bar for Rosemary Beach living. Elegant open kitchen features calacatta gold marble surfaces and appliances to suit every gourmet chef and entertainers delight. Stunning large master suite with gulf views from the moment you open your eyes. Additional home features; 6B\7BA, a carriage house with full kitchen and bedroom, two car garage, courtyards and porches everywhere and room to add a private pool.
409 E Water St, Inlet Beach, FL 32461 is a 5 bedroom, 6 bathroom, 3,663 sqft single-family home in Rosemary Beach, built in 2002. It last sold for $7,350,000 on Jul 28, 2017. It is currently off market. The Trulia Estimate is $10,433,800, with a rent estimate of $7,649/month.

Home Details for 409 E Water St

Interior Features

Heating & Cooling
Heating: OtherAir ConditioningCooling System: CentralHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 2Floors: Tile
Appliances & Utilities
DishwasherDisposalDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: OtherExterior: Wood
Parking & Garage
GarageParking Spaces: 2Parking: Garage Detached

Property Information

Year Built
Year Built: 2002Year Updated: 2002
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 5663 sqft

Price and Tax history

DateEventPrice
Jul 28, 2017
Source: CPAR #661417
Sold
$7,350,000
Jun 1, 2016
Source: Agent Provided
ListingRemoved
$7,995,000
May 18, 2016
Source: Agent Provided
Listed For Sale
$7,995,000
Jan 23, 2015
Source: ECAOR #716689
Sold
$5,900,000
Oct 24, 2014
Source: Agent Provided
Listed For Sale
$6,790,000

Market trends in Inlet Beach

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.57M
$95KMoM
Sale-to-List Price
95.7%
0.1%MoM
Price per sq ft
$597
$7MoM
Available listings
454
1MoM
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Around this home

Neighborhood Overview

Rosemary Beach
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Rosemary Beach

  • Brucedwhite
    "There is no commute. The community was designed to maximize walk ability and discourage automobile traffic. It is a model New Urbanism neighborhood."
    3
    Flag
  • Josephine B.
    "the Gulf of Mexico, that's why you want the be here. Emerald waters of the beautiful Gulf of Mexico invite you to enjoy it's warm waters and long streches of white sandy beaches. Remember to bring sunscreen "
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    Flag

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Apartments for Rent

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Explore by feature - Pet Friendly

12 pet-friendly rentals in Inlet Beach, FL

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Explore by feature - Pool

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Explore by feature - Outdoor Space

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Homes for sale near 409 E Water St

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Off Market Homes Near 409 E Water St

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Frequently asked questions about 409 E Water St

  • What is 409 E Water St estimated to be worth?
    Trulia's estimated value for 409 E Water St in Inlet Beach, FL is $10,433,800.
  • What is the price history for 409 E Water St?
    409 E Water St in Inlet Beach, FL last sold for $7,350,000 in July 2017.
  • Is Inlet Beach a buyer's or seller's market?
    Inlet Beach is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Inlet Beach?
    The median sale price in Inlet Beach is $1.57M. That is up $95K from the prior month.
  • Does 409 E Water St have air conditioning?
    Yes, 409 E Water St in Inlet Beach, FL has air conditioning.
  • Does 409 E Water St have laundry facilities?
    Yes, 409 E Water St in Inlet Beach, FL has in-unit laundry.