Build your ideal coastal retreat on this oversized 0.78-acre homesite in the desirable Bay Pine Shores community of Santa Rosa Beach. Offering a rare combination of space, privacy, and flexibility, this property provides the perfect setting for a primary residence or second home. A significant value-add, wetland mitigation was completed in November 2022, helping save future buyers both time and expense. Surveys are available, and house plans are also available for purchase, providing an opportunity to streamline the building process and bring your vision to life more quickly. Bay Pine Shores is a small, HOA-restricted community with low annual dues of just $125 per year and no required build-out timeline, allowing you to build at your own pace. Conveniently located just off Chat Holly Road, less than a mile from Highway 331, and only minutes from the white-sand beaches, dining, shopping, and entertainment of South Walton and 30A, you'll enjoy the perfect balance of accessibility and tranquility. Large homesites of this size have become increasingly difficult to find in Santa Rosa Beach. For those seeking even more space, the adjacent Lot 6 (MLS 1003911) is also available for purchase, creating the opportunity to own approximately 1.26 acres combined. Don't miss this rare opportunity to secure one of the largest remaining homesites in Bay Pine Shores and build the coastal lifestyle you've been dreaming of.