5 bedroom Detached Single Family at 296 Walton Rose Lane, Russell S/D, Inlet Beach — photo 1Front elevation
5 bedroom Detached Single Family at 296 Walton Rose Lane, Russell S/D, Inlet Beach — photo 2Living space
5 bedroom Detached Single Family at 296 Walton Rose Lane, Russell S/D, Inlet Beach — photo 3Kitchen
5 bedroom Detached Single Family at 296 Walton Rose Lane, Russell S/D, Inlet Beach — photo 4Owner's suite
5 bedroom Detached Single Family at 296 Walton Rose Lane, Russell S/D, Inlet Beach — photo 5Exterior / yardView all 77 photos →
163 days on market Detached Single Family
$3,695,000
5-Bedroom Detached Single Family in Russell S/D

296 Walton Rose Lane, Inlet Beach, FL 32461

Detached Single Family in Russell S/D, Inlet Beach · No CDD
Russell S/D · Inlet Beach, FL 32461 · Walton
Listing data updated September 12, 2026 · refreshed twice daily
5Bedrooms
4Bathrooms
2005Year Built
2-car garageNo CDDFEMA Zone X5 bedrooms
Momentum Research: independent market analysis, flood data, insurance estimates, buyer leverage, and objective property scoring, alongside the MLS listing. Not just the listing sheet.
Buyer leverage
Balanced market
163 days on market
Zone X
Flood risk
Minimal hazard per FEMA; ~27 ft elevation
$12k–$26k/yr
Est. insurance · illustrative
Not a carrier quote; premiums vary widely by property. Get a real quote.

Sources: Emerald Coast MLS (listings + 12-mo closed sales), FEMA, modeled insurance. Interpretation: Momentum Research. Data notes

Highlights

As of September 12, 2026, 296 Walton Rose Lane in Russell S/D, Inlet Beach is listed at $3,695,000. It has been 163 days on market. Listing facts: built in 2005. The parcel maps to FEMA flood zone X, outside the special flood hazard area. Figures are from the MLS record and county data; deemed reliable but not guaranteed.

  • No CDD assessment on record
  • Built 2005 · 21 yrs
  • 2-car garage
  • 163 days on market
  • HOA ~$50/mo (estimate; confirm)
Property timeline

This home’s history

  • 2005BuiltPer public record
  • Aug 4, 2026First trackedObserved at $3,695,000
  • NowActiveCurrently for sale

Build year is from public record. Listing milestones reflect movewithmomentum.com’s own observations since we began tracking this listing and are not the MLS listing history; dates and prices are deemed reliable but not guaranteed.

Financing

Estimated monthly payment

$23,988/mo
  • Principal & interest $19,192/mo 80%
  • Taxes $3,233/mo 13%
  • Insurance $1,513/mo 6%
  • HOA $50/mo 0%

$23,988/mo at 20% down, 30-yr @ 6.76% · edit any field to update.

Editable estimate — not a loan offer. Estimates only; see data & estimate notes.

Cost to own

Property taxes

✓ Based on certified county tax roll
Estimated property taxes after purchase
$35,575/yr
$2,965/mo·effective rate ~0.96%
Estimated from today’s asking price and current Walton County tax rates.
⚠️

Many first-time Florida buyers are surprised when property taxes jump after closing. This estimate helps you budget before you make an offer.

Current owner pays $21,375/yr ($1,781/mo)
+$14,200 more each year
(+66%)

Most of this comes from Florida’s Save Our Homes assessment cap resetting when the home sells — the current owner’s protected assessment doesn’t transfer to a new buyer.

🛡️
Current ownerProtected by Save Our Homes
🔄
Home sellsResets the January after
🧾
Buyer paysBased on purchase price
$1,037,106
Save Our Homes benefit
The current owner’s protected taxable value sits this much below market — which is why today’s bill is lower than a new buyer’s.
$3,227,028
Market value
$2,189,922
Assessed
$2,189,922
Taxable
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Sources: Florida DOR certified tax roll (2025), Emerald Coast AR. County public record, not MLS data — matched to this home by parcel ID. Estimates are not a tax bill.

Momentum Scores

Momentum Property Score

72/100
Strongest on: Flood safety (95), Insurance cost (72)
0 limited50100 exceptional

72/100 is strong across the objective indicators below. It reflects only those measures — not the home’s quality, condition, or desirability.

A 0-100 score built from objective property and market data: flood risk, insurance, pricing, supply, affordability, and recent sales. Higher means more measures line up in a buyer’s favor. It reflects only the factors below.

Affordability50
List price $3,695,000 vs the community median $3,695,000. Not a measure of personal affordability.
Flood safety95
FEMA Zone X, ~27 ft elevation. Verify the parcel with FEMA.
Insurance cost72
From FEMA Zone X and a 2005 build. Obtain a property-specific quote.

Momentum Scores are objective, rules-based indicators computed from listing facts, public records, and recent nearby sales. They are not appraisals, valuations, investment advice, or judgments about a neighborhood or who should live there. Verify independently.

Listing description

About this home

Perfectly positioned within feet of the white sugar sand and emerald hued 30A waters, this charming residence encompasses nearly three thousand square feet of strategically planned living space on an oversized private homesite in the heart of Inlet Beach. Open to the sky above, the welcoming courtyard leads the way to grand front entrance and deep front porch. Designed with entertaining in mind, the interconnected living areas are anchored by the gourmet kitchen featuring custom cabinetry, a fully equipped wet bar, and a luxury appliance suite.

The stunning hardwood floors and wooden accents contrast with the crisp white palette to curate the modern costal flair carried throughout. Showcasing the surrounding tree line and lush vegetation, the window lined main suite boasts direct porch access and a sumptuous main suite with a dual vanity, tiled shower, and ample storage. An additional bedroom and laundry area complete the first level.

A secondary main suite, bedroom, and flex space currently configured as a play room is found on the second level. Fully self-sufficient, the detached guest quarters located adjacent to the two car garage incorporates a living area, sleeping quarters, kitchen, and bathroom suite. Bordered by thirteen acres of protected dunes, Inlet Beach remains one of the most sought after beach communities affording residents with a quaint coastal town flair while remaining geographically poised minutes from the iconic town center of Rosemary Beach in addition to all of the world class dining and entertainment venues 30A has to offer.

Offering a culmination of unique and desirable amenities, 296 Walton Rose Lane creates a compelling opportunity for investors and full time residents alike. Inquire today to arrange a private viewing and start envisioning the coastal lifestyle you deserve.

Description provided by Christies International Real Estate Emerald Coast and reproduced from the MLS; not independently verified.

Property facts & sources

Every fact, sourced

Listing data, public records, our calculations, and what to verify — each fact shown once. Estimates and calculations shown are for general information only, are not appraisals or advice, and should be independently verified.

Listing facts MLS

List price$3,695,000
Bed / bath5 / 4
Year built2005
Property typeDetached Single Family
Garage2-car
MLS #999565
Listing status163 days on market

Public records & third-party data

FEMA flood zoneZone X
Ground elevation~27 ft
Windstorm exposureLow
CountyWalton
Area listings1 active · 0 under contract
Estimated first-year tax~$38,798/yr
CDD assessmentNone on record
HOA (estimate)$50/mo

Calculated estimates

Estimated monthly payment$23,988
Insurance (illustrative)$12k–$26k/yr
Comparable-sales median$3,695,000

Buyer should verify Buyer verify

Exact HOA dues, fees, and restrictionsRoof age and conditionHVAC age and conditionA property-specific insurance quoteSurvey and lot boundariesPermit historyFlood-insurance requirementsSchool zoning (confirm with the district)Property taxes after sale (homestead reset)CDD / community assessmentsSquare footage and room dimensions
Listing courtesy of Christies International Real Estate Emerald Coast · Listing agent: Blankenship Watkins Advisory Group · libbymetz@cireec.comProvided via the Emerald Coast Association of REALTORS® Internet Data Exchange · Source: Emerald Coast Association of REALTORS® · © 2026 Emerald Coast Association of REALTORS®, Inc. · deemed reliable but not guaranteedIDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS to be accurate.
Keep looking

Similar homes for sale near Russell S/D

Active listings nearby at a comparable size and price. Listings held by brokerages other than Momentum Realty are marked with the listing broker. Deemed reliable but not guaranteed.

Transparency

Price & listing history

Listed for $3,695,000Momentum Realty · on market 163 days
Public records

Building permits

Permit history not yet linkedConfirm permit history with the county building department.
Estimated ownership costs

Estimated costs & disclosures

Estimated ownership costs for general information. Confirm each with the county, your lender, and an insurer. See data & estimate notes.

Property tax (first-year est.)
~$38,798/yr

A rough first-year estimate only, applying a typical Walton rate to the list price before any exemptions. Florida bills vary substantially after reassessment, homestead and other exemptions, and local taxing districts — this is not your expected bill. Confirm with the county property appraiser.

CDD assessment
None

No CDD assessment on record for this community.

Insurance (illustrative range)
$12k–$26k/yr

An illustrative modeled range, not based on carrier underwriting and not a quote. Florida premiums vary significantly by roof age, wind-mitigation features, claims history, and carrier — a real quote can land well outside this range. Flood insurance not federally mandated (Zone X). Get a quote from a licensed insurer before relying on any figure.

HOA
$50/mo

Covers the master association & common areas. Confirm exact dues and what they include.

Environmental data

Flood zone & elevation

Sourced environmental data for the parcel. Confirm with FEMA and your insurer.

FEMA flood zone
Zone X

From the FEMA National Flood Hazard Layer. In this zone lender-required flood insurance is generally not mandated; confirm for the parcel.

Ground elevation
~27 ft

Approximate parcel elevation from USGS; confirm exact elevation with a survey.

Windstorm / insurance
Obtain a quote

This is a coastal Florida county. Premiums and coverage vary by home; obtain a quote from a licensed insurer.

Connectivity

Internet & broadband

Fiber
Check availability

AT&T Fiber covers much of NE Florida; confirm availability at the address.

Cable
Likely

Xfinity/Spectrum cable broadband is widely available.

5G Home
Backup

T-Mobile / Verizon fixed-wireless as a backup option.

Seen enough photos?

Want to see 296 Walton Rose Lane?

Tell us when works for you and a local agent will reach out to arrange a showing and answer your questions about this home.

Listed by Christies International Real Estate Emerald Coast · MLS # 999565

Request a showing

or call (904) 351-6461
Market data · public records

Recent sales activity in Russell S/D

Recent comparable closed sales near this home, from public records. Summary figures are for general reference only and are not a valuation of this property. See the Russell S/D neighborhood guide for more.

Comparable sales found
0

Recent nearby closings in the data set.

Community median sale price
$3,695,000

Canonical 12-month median closed price. Reference only.

Community median $/sq ft
$0

Canonical 12-month median $/sq ft. Reference only.

Go deeper on Russell S/D

See schools, amenities, builders, HOA/CDD detail, and every active & sold home in the community — the single biggest advantage of buying here over a portal.

In the area

Recent Russell S D news

Recent local developments near this home, compiled from news and public sources. Provided for general information; verify details with the original source.

Jul 2026 · Infrastructure

Scenic Walton advances underground utilities and gateway landscape projects

Scenic Walton reported progress on countywide initiatives, including a $200,000 Freeport U.S. 331 gateway landscape project supported by a $100,000 FDOT Highway Beautification Grant, plus a 30A West gateway landscape project and early planning for countywide underground utilities. Funding for the utilities study advanced into Walton County's draft budget for fiscal year 2026 to 2027.

Why it matters: Advances roadway beautification and stormwater improvements along the Freeport U.S. 331 corridor and the 30A west gateway and lays groundwork for utility resilience upgrades across Walton County. The site is about 13 miles northeast of Russell S D.

Get The Coast

Jun 2026 · Civic

DeSantis signs state budget with funding for Okaloosa County projects

Governor DeSantis signed the state budget that included roughly $15 million for 20 Okaloosa County projects, among them $5 million for the Northwest Florida State College Workforce Innovation Center in Niceville, $1.5 million for Shalimar Bridge Park, and $3 million for Destin road and drainage work. About $7.26 million in other local requests were vetoed.

Why it matters: Directs state funding toward workforce, park, road, and drainage infrastructure across Okaloosa County, supporting public facilities and capacity in Niceville, Shalimar, and Destin. The site is about 13 miles northwest of Russell S D.

Get The Coast

Assigned schools

Assigned schools

Schools currently assigned to this address in Walton County, provided as neutral factual data. Assignments can change — confirm current zoning with the school district. This is not a statement about the home's suitability for any person or family.

BayAssigned elementary school · Walton County School District
GRADEA
Emerald CoastAssigned middle school · Walton County School District · Grade A (Florida DOE 2025-26)
GRADEA
South WaltonAssigned high school · Walton County School District · Grade A (Florida DOE 2025-26)
How it stacks up

Comparable recent sales

Recent closed sales nearby, with photos, so you can compare. Sold prices are public record, deemed reliable but not guaranteed.

No closely comparable recent sales were found in this data set.

If you rent it out

Investment snapshot

Objective rental and cash-flow estimates for a buyer weighing this as an investment. Rough figures for general information only — not a guarantee of rent, an appraisal, or investment advice. Verify independently.

Estimated rent$16,935 – $24,633/moa rough gross-rent-yield range on list price (comp-based estimate coming).
Estimated cap rate4.5%Net operating income ÷ list price; excludes financing.
Est. monthly cash flow−$7,547 – −$619At 25% down, 30-yr; after a 10% vacancy/maintenance/management reserve.
Before you decide

Buyer research checklist

Items worth confirming for 296 Walton Rose Lane, chosen from what the record shows. This is general guidance, not advice about this specific property.

  • Built in 2005 (21 years): ask for the roof and HVAC replacement dates — insurers commonly ask for roof age on homes this old, and it changes the premium.
  • Confirm whether a mandatory HOA applies to this parcel and what it charges.
  • FEMA flood zone X: flood insurance is not usually required, but get a quote anyway — FEMA reports roughly one in four flood claims come from outside high-risk zones.
  • Get a homeowners insurance quote for this specific address in Walton County; a wind-mitigation inspection and, on older homes, a four-point inspection can change the premium.
  • Confirm square footage and room dimensions independently.
  • Order a survey to confirm lot boundaries and easements.
  • Review permit history with the county.
  • Property taxes: the estimate on this page (about $38,798/yr) assumes reassessment at the list price; the seller's homestead cap does not transfer, so their current bill is not a guide.
  • School zoning shown here comes from district data and changes; confirm the assigned schools directly with the district before relying on them.
Nearby & commute

Approximate distances

Approximate drive times for general reference only.

Provenance

Data sources & freshness

Listing recordEmerald Coast MLS, refreshed twice daily (last: September 12, 2026)
Community market statsEmerald Coast MLS closed sales, as of September 12, 2026
Flood zone & elevationFEMA flood maps + USGS elevation (Zone X shown above)
Taxes & monthly costEstimated from county rates; not a quote
Insurance figureModeled estimate; obtain a real quote before offering
Schools2025-26 district assignments; verify with the district

Momentum Research lines are our own analysis of Emerald Coast MLS records; MLS data is deemed reliable but not guaranteed. Estimates are informational, not appraisals or advice. Methodology: how Momentum scores are computed.

Answered before you ask

Frequently asked questions

How big is 296 Walton Rose Lane and when was it built?

Per the listing record, 296 Walton Rose Lane was built in 2005 and has 5 bedrooms and 4.0 bathrooms. Living area and lot size come from the MLS record and should be verified against the county property appraiser.

What community is 296 Walton Rose Lane in?

296 Walton Rose Lane is in Russell S/D in Inlet Beach, Walton County. The community section on this page shows recent closed sales, days on market, and active inventory for Russell S/D from the same MLS data.

Why might property taxes on 296 Walton Rose Lane differ from the current owner's?

The estimate on this page (about $38,798 per year) assumes reassessment at the list price. Florida's Save Our Homes rule caps annual assessment increases for homesteaded owners, and the assessment resets after a sale, so a new owner's bill may differ from the seller's. Any tax figure shown here is an estimate, not the actual bill — confirm with the county property appraiser and tax collector.

Is 296 Walton Rose Lane in a flood zone?

The FEMA flood map places this parcel in Zone X, outside the special flood hazard area, so flood insurance is not usually required by a lender. It is still available and worth quoting; confirm the parcel's status with FEMA and your insurer.

Can I rely on the figures on this page?

No. Estimated taxes, insurance, payments, and any market or comparable-sales summary are opinions and estimates for general information only and should not be relied upon. Verify all information independently before making any decision.

Ready when you are

See 296 Walton Rose Lane in person

Private tours available 7 days a week, in person or by live video walkthrough. Request a tour or send a question and a licensed Momentum Realty agent will follow up.

Call (904) 351-6461

Momentum Realty · licensed in FL & GA

Opinion & estimate — do not rely on this page. Any figure on this page that is not a verbatim fact from the listing or a public record — including estimated property taxes, insurance, CDD/HOA amounts, mortgage payments, comparable-sales summaries, and market statistics — is an opinion and estimate provided for general informational purposes only. These figures may be inaccurate or out of date, are not appraisals, valuations, or financial, legal, tax, or investment advice, and should not be relied upon. Do not make any purchase, offer, financing, or other decision based on this page. Independently verify everything — price, square footage, lot size, year built, taxes, CDD/HOA, flood status, school assignments, permits, and community rules — with the listing broker, the county, your lender, a licensed inspector, an insurer, and your own advisors before acting.

Estimate methodology. Tax estimates apply a typical county millage rate to the list price and will differ from the actual assessed bill. Cost and market figures are derived from available data and simple calculations, not a professional appraisal. We make no representation that any estimate reflects fair market value.

Equal Housing Opportunity. Content on this page is compiled from public records, MLS data, and automated sources and may contain errors or be out of date. It is general information only, not a representation about any specific property, community, builder, or association. Verify information independently before relying on it. Momentum Realty supports the Fair Housing Act and does not discriminate on the basis of race, color, religion, sex, handicap, familial status, national origin, sexual orientation, or gender identity. Information about schools, distances, and amenities is provided as neutral factual data to help you research the property and is not a statement about who should or should not live here or the suitability of the home or neighborhood for any person or group. School data may change — confirm current assignments with the school district.

Found an error? If you are the owner, listing agent, or a party to this property and believe any information is inaccurate, email and we will review and correct or remove it promptly.

Automated content. Some summaries, distances, and estimates on this page are generated automatically from public and proprietary data sources and may contain errors or omissions. We strive for accuracy but cannot guarantee the completeness or accuracy of any information. Verify anything important independently.

No warranty; measurements & photos. No guarantee, warranty, or representation of any kind is made regarding the completeness or accuracy of any information, descriptions, or measurements on this page — including square-footage measurements and property condition — all of which should be independently verified through appropriate means, including in-person inspection and public records. Photographs may be virtually staged or digitally enhanced and may not reflect actual property conditions. Momentum Realty and its agents expressly disclaim any liability in connection with the information provided.

MLS / IDX. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Emerald Coast Association of REALTORS® Internet Data Exchange. Real estate listings held by brokerage firms other than Momentum Realty are marked with the listing broker's name and include the name of the listing agent. Data provided is deemed reliable but is not guaranteed by the MLS to be accurate. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Source: Emerald Coast Association of REALTORS®. © 2026 Emerald Coast Association of REALTORS®, Inc. All rights reserved.

Listing data is deemed reliable but is not guaranteed and is subject to change or withdrawal without notice. Square footage and lot size are approximate. Real estate brokerage services provided by Momentum Realty, licensed in Florida and Georgia. © 2026 Move With Momentum LLC.