Freeport, FL 32439
Property Inquiry
Contact Hillary Driscoll Olds about this property!
Property Details
A RARE INCOME-GENERATING OPPORTUNITY - BAYFRONT ESTATE WITH UNMATCHED VERSATILITY! Whether you're seeking a PROFITABLE EVENT VENUE for Weddings, Corporate Retreats, or Family Reunions - or dreaming of a sprawling FAMILY COMPOUND** - this 3.5-ACRE WATERFRONT ESTATE offers limitless potential. Perfectly perched on an elevated bluff with PANORAMIC VIEWS OF THE CHOCTAWHATCHEE BAY, this one-of-a-kind property features a 7,589 SF MAIN HOUSE with 7 bedrooms, 6 full and 3 half bathrooms, 2 kitchens, plus a 1,426 SF GUEST HOUSE with 3 bedrooms, 3 bathrooms, a full kitchen, and living/dining area. The EXPANSIVE GROUNDS provide ample space for additional structures to further increase revenue potential. Host guests in style with over 5,000 SF of patio space, a huge SALTWATER POOL facing the bay, and sweeping sun-drenched lawns beneath a canopy of oak trees. A fishing hotspot with local grass beds sits just offshore, and you have the option to build a private dock on your deeded waterfront land across the street or launch from nearby Choctaw Beach.
With three gated entrances, multiple storage sheds, and breathtaking sunrise views over the bay, this estate offers both privacy and grandeur. Located just 15 minutes from Destin's white sand beaches and a scenic drive to 30A's world-class shops and dining, but without the high price per square foot or seasonal congestion.
The current owner enjoys six-figure part-time rental income from private events and luxury vacation stays, with room to scale year-round income through strategic marketing. Don't miss this once-in-a-lifetime opportunity to own a profitable bayfront retreat! Call today for your private showing!
| COUNTY | Walton |
| SUBDIVISION | Choctaw Beach |
| PARCEL ID | 28-1S-21-41010-008-0200 |
| TYPE | Detached Single Family |
| STYLE | Villa |
| ACREAGE | 3 |
| LOT ACCESS | Paved Road,State Highway |
| LOT SIZE | ~415x340x170x590+/- |
| HOA INCLUDE | N/A |
| HOA FEE | N/A |
| UTILITIES | Electric,Public Water,Septic Tank |
| PROJECT FACILITIES | N/A |
| ZONING | Resid Single Family |
| PARKING FEATURES | N/A |
| APPLIANCES | Cooktop,Dishwasher,Disposal,Dryer,Microwave,Refrigerator W/IceMk,Smoke Detector,Stove/Oven Electric,Washer,Wine Refrigerator |
| ENERGY | AC - 2 or More,AC - Central Elect,Ceiling Fans,Heat Cntrl Electric,Water Heater - Elect,Water Heater - Tnkls |
| INTERIOR | Breakfast Bar,Ceiling Beamed,Ceiling Cathedral,Ceiling Crwn Molding,Ceiling Raised,Ceiling Vaulted,Fireplace 2+,Floor Hardwood,Floor Laminate,Floor Marble,Floor Tile,Furnished - Some,Guest Quarters,Kitchen Island,Lighting Recessed,Owner's Closet,Plantation Shutters,Shelving,Split Bedroom,Walls Paneled,Washer/Dryer Hookup,Window Treatment All |
| EXTERIOR | Balcony,Fenced Chain Link,Fenced Lot-All,Guest Quarters,Lawn Pump,Patio Covered,Patio Open,Pool - In-Ground,Sprinkler System,Yard Building |
| ROOM DIMENSIONS | Living Room : 38 x 35 Kitchen : 25 x 22 Master Bedroom : 20 x 25 Bedroom : 18 x 18 Bedroom : 18 x 18 Bedroom : 18 x 18 Bedroom : 18 x 18 Bedroom : 18 x 18 Bedroom : 18 x 18 Bedroom : 14 x 14 Bedroom : 14 x 14 Bedroom : 14 x 14 |
Schools
Location & Map
From Niceville - from Midbay bridge that leads into Destin travel approx 4 miles E on HWY 20 -
