Features & Amenities

Interior

  • Other Interior Features

    Breakfast Bar, Cathedral Ceiling(s), Kitchen Island, Vaulted Ceiling(s)

  • Total Bedrooms

    10

  • Bathrooms

    9

Exterior

  • Garage

    No

  • Other Exterior Features

    Balcony

Area & Lot

  • Lot Size(acres)

    3.43

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Villa

Financial

  • Sales Price

    $1,949,000

  • Zoning

    Resid Single Family

Property Features

  • Senior Community YN

    No

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Location

County

Walton

Elementary School

Freeport

Middle School

Freeport

High School

Freeport

Listing Courtesy of Hillary Driscoll Olds , Lokation

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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!

13000 W State Highway 20

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