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Grayton Bayou Homes for Sale

Grayton Bayou, a Walton County subdivision with Santa Rosa Beach addresses, shares Riker Avenue and Greenbriar Lane with Magnolia Beach lots.

    Short-term rentals: not allowed, per our brokerage's rental review.

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    Living in Grayton Bayou

    At a June 1, 2004 land use hearing, Walton County commissioners approved the proposal for Grayton Bayou that their minutes describe as RPM Development, LLC's single-family subdivision on 11.95 acres, north of Highway 98 on East Point Washington Road, off Bay Drive, with a land use designation of Small Neighborhood and Residential Preservation. On October 26, 2004 the board approved the Grayton Bayou Subdivision final plat for recording, and the county's lot descriptions cite the subdivision at Plat Book 16, Page 31.

    The county's parcel records number the lots 1 through 35, with Lots 20 and 21 held as one parcel, and give its houses Santa Rosa Beach addresses, ZIP 32459, on Riker Avenue, Greenbriar Lane, South Magnolia Beach Way and Grayton Bayou Drive. A street name does not by itself place a house here: the statewide tax roll files other parcels on Riker Avenue and Greenbriar Lane as lots in numbered blocks of Magnolia Beach, so check that a deed's legal description names Grayton Bayou. The 2026 statewide roll codes every house on a Grayton Bayou lot as single-family, built between 2010 and 2024, with living areas from about 1,700 to just under 3,400 square feet. It records 7,635 square feet for each of Lots 1 through 11 on Riker Avenue, just over 5,000 for Lots 12 through 17 on Grayton Bayou Drive and 15,001 for each of Lots 32 through 34 on Greenbriar Lane, with the remaining lots between 4,500 and about 7,600. In September 2026 the county's parcel records still coded about half of the lot parcels as vacant, Lots 9, 10 and 11 among them.

    Grayton Bayou Owners Association, Inc. filed its articles of incorporation on October 31, 2003, and Florida's corporate registry records the not-for-profit as active, with a 2026 annual report on file. Article X of those articles concerns stormwater, and the county's parcel records list the association as owner of a common parcel described as all commons, uplands, Pond A, Pond B and Grayton Bayou Drive. Article IX says the corporation shall be governed by bylaws; before closing, ask the association for them, for any recorded declaration and for the current assessment.

    HOA & Fees

    What is the HOA fee at Grayton Bayou?

    No Grayton Bayou home is for sale right now. The last HOA fees reported on the MLS, in October 2026, were:

    • Single-family homes: $94 a month (1 listing)

    Fees vary by home type and section. Some homes also belong to a sub-association for their section, and a listing's fee may cover only one association, so confirm every association a home belongs to and what each one charges.

    Fees billed quarterly, twice a year or yearly are shown as a monthly equivalent. Based on information from ECAR for the period October 27, 2026 through October 27, 2026.

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    Local Answers

    Grayton Bayou FAQ

    How much is the HOA fee at Grayton Bayou?

    No Grayton Bayou home is for sale right now. The last HOA fees reported on the MLS, in October 2026, were: single-family homes, $94 a month (1 listing). Fees vary by home type and section. Some homes also belong to a sub-association for their section, and a listing's fee may cover only one association, so confirm every association a home belongs to and what each one charges. Fees billed quarterly, twice a year or yearly are shown as a monthly equivalent. Based on information from ECAR for the period October 27, 2026 through October 27, 2026.

    When was Grayton Bayou in Santa Rosa Beach built?

    County commissioners approved RPM Development's 11.95-acre Grayton Bayou proposal on June 1, 2004 and its final plat for recording on October 26, 2004. The houses carry later dates: on the 2026 statewide tax roll the earliest on a Grayton Bayou lot has a build year of 2010 and the newest 2024. Read in September 2026, the county's parcel records carried a vacant code on roughly half of the lots. For any one house, compare the roll's year built with the year a listing gives.

    Is Riker Avenue in Grayton Bayou or Magnolia Beach?

    Riker Avenue has parcels in each, and so does Greenbriar Lane. On the statewide tax roll, Grayton Bayou's Riker Avenue parcels are Lots 1 through 11 and Lots 18 through 21, and its Greenbriar Lane parcels are Lots 23 through 35, while other parcels on both streets carry Magnolia Beach block-and-lot legal descriptions, such as Lot 15 of Block 31 at 144 Riker Avenue. Read the legal description in the deed or title commitment for any house you are considering.

    What does the Grayton Bayou HOA assessment pay for?

    The one assessment the association's filed articles describe is for stormwater. Article X says the association shall operate and maintain a stormwater management system and discharge facility, that each lot shall be part of that system, and that each lot owner shall be assessed on a pro-rated, monthly basis for the costs of the retention facilities, including repair, maintenance and, when necessary, replacement of the drainage system. The articles set no amount. Ask the association for the current figure, its bylaws and any other charges before closing.

    Are all Grayton Bayou lots zoned the same?

    No. Walton County's parcel records place Lots 1 through 7 and Lots 32 through 35 in the Residential Preservation district and Lots 8 through 31 in Small Neighborhood, both under Ordinance 2018-29, with future land use recorded as Residential and Mixed Use along the same split under Ordinance 2018-28. Lots 1 and 9, both coded vacant, show the same land area on the statewide tax roll yet sit in different districts. Before designing a house, confirm with Walton County planning what the district recorded for that exact lot allows.

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