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122 Pennekamp Lane, Inlet Beach, FL 32461

$815,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,952 Lot Size (sq. ft.): 653,400 Status: Pending
Current Price: $815,000 List Date: 5/20/2026 Last Modified: 5/31/2026

Description

A single level, spacious floorplan on a pool size lot with 50 ft of waterfront, offering views from the Living Room, Dining Room, Primary Suite and Screened-In Lanai. This modern design has 1952 sq. ft. of living space including two bedrooms; a private flex room being used as office space but easily converted to a full-time 3rd bedroom if needed, and two full bathrooms. The property, located in the first phase of Naturewalk is the only gated community within Watersound Origins. Naturewalk has a private amenity center, available only to their homeowners. Enjoy resort s style pool with cabanas, spa, firepit, gathering areas and a well-equipped fitness center, pickle ball and tennis courts. AND, as a homeowner you can play golf on the 10-hole course. Shopping and Dining is made easy with the newly developed Town Center that is walkable or by a short 5-minute drive. To learn about Town Center go to www.watersoundtowncenter.com. No short-term rentals are allowed and only 10 minutes from the famous 30A Highway where you can enjoy the Gulf beaches along with popluar Rosemary Beach and Alys Beach. If you are seeking a resort lifestyle community - consider Naturewalk at Watersound Origins. I invite you to tour 122 Pennekamp Lane. A Move-In Ready Home that may be just what you are looking for.

More Information MLS# 1001487

General Property Info

userdefined76: 4 Sub-Type: Detached Single Family Design: Florida Cottage SqFt Source: County PA Records Immediate Occupancy: Yes Garage: Yes Carport: No Driveway Spaces: 2 Pool: Yes Pool Type: Community Apx SqFt(Htd/Cooled): 1952 Bedrooms: 2 Full Baths: 2 Total Bathrooms: 2 # Stories: 1 Year Built: 2021 Garage Spaces: 2 Acreage: 15

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 417.52 List Date: 2026-04-24 Current Price: $815,000 List Price: $815,000

Location, Tax and Legal

Sub Area: 1805 - N of Hwy 98 Elementary School: Dune Lakes Middle School: Emerald Coast High School: South Walton Legal Description: LOT 35 WATERSOUND ORIGINS- NATUREWALK PH 1 PB 22-50 OR 3185-3582 OR 3224-1032

Listing Info, Tax & Legal

Homestead: Yes Is Subject Leased: No Assessment Fees: Yes Assessment Amount: 929 Annual Assessment Amount: 3716 Assessment Paid: Quarterly New Buyer Fee: Yes New Buyer Fee Amt: 0.5 New Buyer Fee Paid: % Last Taxes: 40695 Last Tax Year: 2025 Brokerage Interest: Equitable Interest - Listing Broker/Salesperson has equitable interest in the property. As Is: No

Remarks & Misc

Remarks: A single level, spacious floorplan on a pool size lot with 50 ft of waterfront, offering views from the Living Room, Dining Room, Primary Suite and Screened-In Lanai. This modern design has 1952 sq. ft. of living space including two bedrooms; a private flex room being used as office space but easily converted to a full-time 3rd bedroom if needed, and two full bathrooms. The property, located in the first phase of Naturewalk is the only gated community within Watersound Origins. Naturewalk has a private amenity center, available only to their homeowners. Enjoy resort s style pool with cabanas, spa, firepit, gathering areas and a well-equipped fitness center, pickle ball and tennis courts. AND, as a homeowner you can play golf on the 10-hole course. Shopping and Dining is made easy with the newly developed Town Center that is walkable or by a short 5-minute drive. To learn about Town Center go to www.watersoundtowncenter.com. No short-term rentals are allowed and only 10 minutes from the famous 30A Highway where you can enjoy the Gulf beaches along with popluar Rosemary Beach and Alys Beach. If you are seeking a resort lifestyle community - consider Naturewalk at Watersound Origins. I invite you to tour 122 Pennekamp Lane. A Move-In Ready Home that may be just what you are looking for.

Waterfront

Pond: 1 Waterfront Feet: 50

Construction Status

Construction Complete: 1

Parking Features

Garage Attached: 1

Waterview

Pond: 1

Lot Features

Covenants: 1 Level: 1 Sidewalk: 1

Project Facilities

Community Room: 1 Exercise Room: 1 Fishing: 1 Gated Community: 1 Golf: 1 Pets Allowed: 1 Pickle Ball: 1 Playground: 1 Pool: 1 Short Term Rental - Not Allowed: 1 Tennis: 1 TV Cable: 1

Construction/Siding

Roof Composite Shngl: 1 Siding CmntFbrHrdBrd: 1

Utilities

Community Sewer: 1 Electric: 1 Gas - Natural: 1 Public Sewer: 1 Public Water: 1 Underground: 1

Zoning

Resid Single Family: 1

Exterior

Patio Covered: 1 Patio Enclosed: 1

Interior

Floor Laminate: 1 Kitchen Island: 1 Lighting Recessed: 1 Pantry: 1 Plantation Shutters: 1 Washer/Dryer Hookup: 1 Window Treatment All: 1

Financing

Conventional: 1 FHA: 1

Appliances

Auto Garage Door Opn: 1 Cooktop: 1 Dishwasher: 1 Disposal: 1 Dryer: 1 Microwave: 1 Oven Self Cleaning: 1 Range Hood: 1 Refrigerator: 1 Refrigerator W/IceMk: 1 Smoke Detector: 1 Stove/Oven Gas: 1 Warranty Provided: 1 Washer: 1

Energy

AC - High Efficiency: 1 Ceiling Fans: 1 Double Pane Windows: 1 Heat High Efficiency: 1 Insulated Doors: 1 Ridge Vent: 1 Water Heater - Elect: 1 Water Heater - Tnkls: 1

Mstr Bdrm/Mstr Bath

MBath Double Vanity: 1 MBath Separate Shwr: 1 MBath Shower Only: 1 MBath Tile: 1 MBath Walk-In Closet: 1 MBed First Floor: 1 MBed Walk-in Closet: 1

Master Bedroom

First: 1

Bedroom

First: 1

Kitchen

First: 1

Rooms

Bedroom: 1 Den: 1 Family Room: 1 Foyer: 1 Great Room: 1 Kitchen: 1 Laundry: 1 Master Bathroom: 1 Master Bedroom: 1 Other: 1 Screened Porch: 1

Fees Include

Legal: 1 Management: 1 Master Association: 1 Recreational Faclty: 1

Status Change Info

Status: Pending Under Contract Date: 2026-05-23

Location Tax and Legal

Area: 18 - 30A East Street #: 122 Street Name: Pennekamp Street Suffix: Lane State: FL Zip Code: 32461 County: Walton Project Name/Subdivision: Watersound Origins - Naturewalk Parcel ID: 24-3S-18-16120-000-0350

Property Features

Construction Status: Construction Complete Lot Features: Covenants; Level; Sidewalk Zoning: Resid Single Family Waterfront: Pond Waterview: Pond Parking Features: Garage Attached Project Facilities: Community Room; Exercise Room; Fishing; Gated Community; Golf; Pets Allowed; Pickle Ball; Playground; Pool; Short Term Rental - Not Allowed; Tennis; TV Cable Exterior: Patio Covered; Patio Enclosed Interior: Floor Laminate; Kitchen Island; Lighting Recessed; Pantry; Plantation Shutters; Washer/Dryer Hookup; Window Treatment All Appliances: Auto Garage Door Opn; Cooktop; Dishwasher; Disposal; Dryer; Microwave; Oven Self Cleaning; Range Hood; Refrigerator; Refrigerator W/IceMk; Smoke Detector; Stove/Oven Gas; Warranty Provided; Washer Utilities: Community Sewer; Electric; Gas - Natural; Public Sewer; Public Water; Underground Energy: AC - High Efficiency; Ceiling Fans; Double Pane Windows; Heat High Efficiency; Insulated Doors; Ridge Vent; Water Heater - Elect; Water Heater - Tnkls Master Bedroom: First Bedroom: First Kitchen: First Rooms: Bedroom; Den; Family Room; Foyer; Great Room; Kitchen; Laundry; Master Bathroom; Master Bedroom; Other; Screened Porch Financing: Conventional; FHA Fees Include: Legal; Management; Master Association; Recreational Faclty

Room Information

Foyer Level: First Dimensions: 19 x 5.8 Length: 19.00 Width: 5.80 Remarks: Cofffered Celing Dimensions: 19 x 5.8 Bedroom Level: First Dimensions: 10.7 x 13 Length: 10.70 Width: 13.00 Remarks: Guest Room Dimensions: 10.7 x 13 Laundry Level: First Dimensions: 9 x 6.8 Length: 9.00 Width: 6.80 Remarks: Sink + Cabinet - W/D Dimensions: 9 x 6.8 Den Level: First Dimensions: 11.8 x 12.1 Length: 11.80 Width: 12.10 Remarks: French Doors Dimensions: 11.8 x 12.1 Kitchen Level: First Dimensions: 9.11 x 19.2 Length: 9.11 Width: 19.20 Remarks: Open Concept Dimensions: 9.11 x 19.2 Family Room Level: First Dimensions: 18.9 x 24.6 Length: 18.90 Width: 24.60 Remarks: LR/DR Open - Coffered Ceiling Dimensions: 18.9 x 24.6 Master Bedroom Level: First Dimensions: 17.3 x 14.4 Length: 17.30 Width: 14.40 Remarks: Pond View - Coffered Ceiling Dimensions: 17.3 x 14.4 Master Bathroom Level: First Dimensions: 10.5 x 12 Length: 10.50 Width: 12.00 Remarks: Separate Vanities - Shower Dimensions: 10.5 x 12 Other Level: First Dimensions: 6.4 x 13.8 Length: 6.40 Width: 13.80 Remarks: Master Closet Dimensions: 6.4 x 13.8 Screened Porch Level: First Dimensions: 12 x 24.8 Length: 12.00 Width: 24.80 Remarks: Back of Home -Lanai overlooks yard & pond Dimensions: 12 x 24.8 Great Room Level: First Dimensions: 21 x 19.4 Length: 21.00 Width: 19.40 Remarks: Epoxy Floor Dimensions: 21 x 19.4
Listing Office: La Florida Coastal Properties
Last Updated: May - 31 - 2026
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