Villa

13000 W State Highway 20

Freeport , FL 32439

MLS#: 971137

$1,949,000

Status: Active

Listing number: 971137

Listing provided by: Lokation

Listing agent phone: None

Last update: June 09, 2025 19:38:35

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Property

Beds

Full Baths

1/2 Baths

Year Built

1983

Sq.Footage

9,015

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!

Features & Amenities

Interior

Other Interior Features

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

10
Bathrooms

9

Area & Lot

Lot Size(acres)

3.43
Property Type

Residential
Architectural Style

Villa

Exterior

Garage

No
Other Exterior Features

Balcony

Financial

Sales Price

$1,949,000
Zoning

Resid Single Family

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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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Principal Broker

EugenePontecorvo

Call Eugene today to schedule a private showing.

(815) 780-9623

[email protected]

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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!

Discover State Highway 20

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Villa

Features & Amenities

Interior

Area & Lot

Exterior

Financial

Schedule a Showing

Mortgage calculator

Listing Courtesy of Hillary Driscoll Olds , Lokation

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