Discover the perfect opportunity to build in the sought-after Bay Pine Shores community of Santa Rosa Beach. This 0.48-acre homesite offers a rare combination of space, flexibility, and location, making it an ideal setting for a primary residence, vacation home, or long-term investment. A major advantage for future development, wetland mitigation was completed in November 2022, helping save both time and expense. Surveys are available, and house plans are also available for purchase, giving buyers a head start on bringing their dream home to life. Bay Pine Shores is a quiet, HOA-restricted neighborhood with low annual dues of just $125 per year and no required build-out timeframe, allowing you the freedom to build when the timing is right. Conveniently located just off Chat Holly Road and less than a mile from Highway 331, you'll enjoy quick access to the beaches of South Walton, 30A, shopping, dining, boating, and everything that makes this area so desirable. With limited vacant land remaining in Santa Rosa Beach, opportunities like this are becoming increasingly difficult to find. For buyers looking for additional space and privacy, the adjacent Lot 7 (MLS 1004867) is also available for purchase, offering the potential to own approximately 1.26 acres combined. Whether you're ready to build now or planning for the future, this homesite offers an exceptional opportunity in one of South Walton's fastest-growing and most desirable locations.