1002 Magnolia Ln Welcome to 1002 Magnolia, a truly exceptional waterfront estate nestled on a quiet cul-de-sac in the heart of Gulf Breeze. Spanning three parcels and approximately 0.77 acres, this rare property offers a unique opportunity with one additional buildable lot, ideal for future development or expansion. Boasting over 500 feet of pristine waterfront along Santa Rosa Sound and an adjoining canal, the property captures sweeping panoramic views and provides direct water access for an unmatched coastal lifestyle. Originally built in 2006 and featuring a new roof in 2024, the 4-bedroom, 2-bath residence encompasses 1, 763 square feet of thoughtfully designed living space. Southern exposure fills the home with natural light, while an elevator ensures ease of access. Expansive decking creates the perfect setting for entertaining or relaxing while overlooking the water. A private dock, complete with a 10, 000-pound boat lift, adds to the property's exceptional waterfront amenities. Surrounded by natural Florida landscaping and supported by a private irrigation well, the grounds offer both beauty and low-maintenance living. With generous dimensions of approximately 192 by 175 feet across three lots, the property presents significant long-term value and flexibility. Ideally positioned just steps from a public boat launch, this home is designed for effortless enjoyment of life on the water. A ??? golf cart ride leads to Tiger Point Golf Course, The Pointe Restaurant, and the newly updated clubhouse, offering premier dining, recreation, and social opportunities. The street is lined with newer construction homes, further enhancing the appeal and future value. Whether you're seeking a private waterfront retreat, full-time residence, or a strategic investment opportunity, 1002 Magnolia offers a rare blend of location, lifestyle, and development potential along the coveted Santa Rosa Sound.