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$29,700,000
994779 MLS
Rare Opportunity! Bayfront Acreage Tract with Almost 2000 Feet on Choctawhatchee Bay! Located in Central Walton County and directly on the Gateway to South Walton Beaches. Hard Corner with approx. 150' on Hwy 331 along with a signalized intersection on US Highway 331 & Jolly Bay Road. Across the Highway from Grady Brown County Bayfront Park and Boat Launch. Jolly Bay Road is paved County road and has City water & sewer available. Numerous opportunities for development of Recreational & Community services. Cultural Arts, Marine Activities and Combined Use of Residential and Commercial possibilities. Property has two tracts and is being sold together as one tract. One of the last remaining large waterfront Parcels & none this close to the Highway & Bridge!!

90 Acres Highway 331 S & Jolly Bay Road, Freeport

$5,995,000
961654 MLS
This premier development opportunity spans approximately 23.22 acres across three parcels in a private and beautiful area of Freeport! Boasting 950 linear feet of waterfront on Alaqua Bayou, this estate offers potential for a private waterfront compound or neighborhood development, complete with a private dock, boat lift, fire pit, and gated entry! With a 3,240 square foot metal building and workshop already in place, equipped with power, water, septic, and bathroom facilities, the groundwork for development is ready to go. Large canopy trees provide natural beauty and privacy, while perimeter fencing enhances security. Access to the property is conveniently located off County Highway 83A and Dexton King Road. Utilities, including city water, power, cable, and sewer, are... available along County Highway 83A. This opportunity also has an FAA approved helicopter land pad on the property that is also approved by Eglin AFB as it lies under their restricted airspace. Additionally, the southernmost parcel features an existing residential structure, and there's significant potential for future single-family home development with a Conceptual Master Plan in place (subject to permits and changes). A private helipad has been approved by the State (pending final activation), adds a luxurious touch to this property. This prime location offers an incredible chance to create a one-of-a-kind residential development or private estate, the choice is yours. A Conceptual Master Plan is in the photos and is shown only to represent design intent. Layout, density and lot sizes are subject to change to reflect local and state regulations and approvals. Call today for more information or your private viewing.

147 Dexton King Rd, Freeport

$5,500,000
5 Beds 5 Baths 1008183 MLS
Set on a rare 6.8-acre point along Lagrange Bayou, this offering is unlike anything else on the market in Freeport -- an unmatched combination of 725 feet of waterfront, two single-family homes, a versatile third structure, and three private docks, all positioned to capture the best sunset views on the water. Perched on the point, this property is oriented to soak in panoramic water views across the bayou and into Choctawhatchee Bay, with front-row seats to some of the most spectacular sunsets in the area. Wildlife is part of everyday life here -- herons wading the shallows, dolphins gliding past the docks, and eagles, osprey, and deer moving through the property's wooded acreage. It's the kind of natural beauty and privacy that simply isn't replicated on parcels of this scale so close to the water. The Main residence offers a single-level, split-plan layout with 3 bedrooms, cathedral ceilings, and a wall of windows framing the water and sunset views. Finishes throughout reflect no expense spared: custom walnut cabinetry, quartzite countertops, hardwood flooring, and hurricane-rated doors and windows. The covered cumaru deck on the south side is the perfect perch for dining or relaxing, with sweeping bayou and bay views and steady breezes off the water year round. A true multi-family or income-generating asset, the second home features 2 bedrooms and 2 bathrooms, a large galley kitchen with hickory cabinets and natural stone countertops, and a two-story layout that feels like its own private retreat. Upstairs offers a bedroom suite with en-suite bath and a library; downstairs opens to panoramic water views and a fireplace for cooler months. Covered parking is also located here. A third structure currently used as a workshop, creates a bonus or flexible space including a sleeping loft and full bathroom -- ready to become an additional guest suite, private office, or personal getaway. Beyond the seawall, three private docks with open boathouses, boat lifts, and catwalks are already in place. Just bring your boat or jet skis. With this much wooded acreage, waterfront, and privacy rarely -- if ever -- available together in Freeport, the next owner has the rare chance to preserve this sanctuary as-is, add personal structures, or explore development potential on one of the most significant homesites the area has ever seen.

104 George Ellis Pt, Freeport

$4,250,000
949859 MLS
14.4 acres located just North Of the Clyde Wells Bridge for easy access to South Walton and the Beach. Front portion of property has a land use of Commercial with the remaining as Rural Residential per Walton County Land Use amp. According to the NWFWMD Flood map, 68% of the property is zone X. Property borders Mallet Bayou which feeds into Choctawhatchee bay plus has a small pond with dam. There is approximately 300 Ft on US Hwy 331 plus approximately 550 ft on Laird Dr. Davis Rd as referenced on several maps and legal is the private drive into the property and is owned by the Seller. Property is untouched with beautiful Oak Trees representing ''Old Florida''. So many possibilities. Property is located within the County.

19494 Us Highway 331, Freeport

$4,250,000
949762 MLS
14.4 acres located just North of the Clyde Wells Bridge for easy access to South Walton and the Beach.. Front portion of property has a land use of Commercial with the remaining as Rural Residential per the Walton County Land Use Map. According to the NWFWMD Flood Map 68% of the property is zone X. Property borders Mallet Bayou which feeds into Choctawhatchee Bay plus has a small pond with dam. There is approximately 300 ft on US Hwy 331 plus approximately 550 ft on Laird Dr. Davis Rd as referenced on several maps and legal is the private drive into the property and is a part of the legal description. Property is untouched with beautiful Oak Trees representing ''OLD FLORIDA''. So many possibilities. Property is located in the County.

19494 Us Highway 331, Freeport

$4,000,000
989106 MLS
Introducing an exceptional opportunity to own a prime piece of real estate in the rapidly growing city of Freeport, Florida. This expansive 11.44-acre property, consisting of two combined parcels, is ideally situated along US Highway 331 and is zoned R-3 for multi-family use. The property comes with a Development Order (D.O.) approved for 128 apartment units, along with building plans and surveys offering a rare, shovel-ready opportunity ideal for developers and investors alike. The location provides excellent visibility and accessibility along the bustling US Hwy 331 corridor, surrounded by a mix of residential and commercial growth. Just minutes from downtown Freeport, local schools, shopping, and essential services, the property is also within easy reach of the beautiful Beaches of South Walton, Interstate 10, and Highway 98. This is a prime development opportunity in one of Walton County's fastest-growing markets, where the demand for quality multi-family housing continues to rise. Inquire today to learn more. Buyer to verify all information deemed important.

14874 Us-331 Bus, Freeport

$3,250,000
4 Beds 5 Baths 999550 MLS
Beautiful new modern farmhouse on 40 acres, scheduled for completion Q1 2027, with adjacent orchard views and room to create the lifestyle you've been looking for. You still have time to personalize select finishes, including roof color, exterior paint and window grid colors, cabinet color, appliances, fixtures, flooring, and tile. This thoughtfully designed 4 bedroom home will feature a spacious game room, screened porch, and 2 car garage, along with driveway parking for 4 additional vehicles. Set on a picturesque 40-acre parcel, the property offers space for gardening, horses, livestock, and outdoor living. The setting combines privacy, open land and trees, sweeping sunset views. Rare opportunity to own a new Modern Farmhouse on a large parcel close to the New Town Center and restaurants

40 Acres Waverly Orchard Cir, Freeport

$3,200,000
979313 MLS
'Gateway to South Walton'. Prime corner location consists of 2.2-acre parcel with 650 feet of highway frontage on 331S just before crossing the 331 Bridge. The daily FDOT traffic count is 34,000 vehicles. Key infrastructure features include a deceleration lane, signalized intersection, and three paved access points, creating excellent ingress and egress. The property is entirely 'high & dry' and sits adjacent to Grady Brown Park, a public recreational area offering direct access to Choctawhatchee Bay with swimming, fishing, and boat launch facilities. A view of the Bay is possible from the property. Terrific location for retail, restaurant, motel, convenience store, or similar business where high traffic visibility is important. Location within Freeport's rapidly expanding commercial corridor with major developments recently announced including Walmart, Aldi, WaWa, Chick-fil-A, Holiday Inn, and others. Survey, Traffic Impact Analysis avail.

Tbd S 331st Hwy, Freeport

$2,685,000
1004690 MLS
Exceptional residential development opportunity in the rapidly expanding Freeport market. This ±32.23-acre assemblage consists of six contiguous parcels strategically positioned just south of Highway 20 with access from Tucker Town Road and convenient connectivity to Highway 83A and the greater Walton County growth corridor. The property offers significant potential for a townhome or build-to-rent residential community, with conceptual density projections supporting approximately 135 to 200+ units, subject to engineering, rezoning, and governmental approvals. The site's scale and configuration provide flexibility for clustered residential planning, internal road networks, stormwater design, preserved natural areas, and community amenities. Freeport continues to experience strong residential growth driven by the expansion of South Walton and the Emerald Coast workforce housing market. Demand for attainable attached residential product remains high as buyers and renters seek convenient access to Santa Rosa Beach, Destin, and the Highway 98 corridor while benefiting from Freeport's continued infrastructure and commercial growth. This offering presents a rare opportunity for developers, builders, and build-to-rent operators to secure a large-scale residential land position within one of Northwest Florida's fastest-growing submarkets. Buyer to verify all information, dimensions, density, utilities, and development feasibility. Buyer to verify data for its own use. All information is believed to be accurate but is not guaranteed. Prospective buyers are responsible for independently verifying all information and determining the property's suitability for their intended use. All final terms are subject to negotiation and shall be set forth in a fully executed sales agreement between the parties.

830 Four Mile Rd, Freeport

$2,499,000
3 Beds 3 Baths 1004460 MLS
Boating & Fishing HEAVEN! Waterfront, custom-built home with 10,000lb boat lift, waverunner lift, pro cleaning station and covered fire pit nestled in the safe haven waters of Lagrange Bayou. Easy access to the Bay and quick ride to the Gulf Pass. 3B/3B with dedicated office and a bonus room currently being used as a second office that can easily be converted to a 4th bedroom. Enjoy spectacular waterviews from the comfort of your open living/kitchen/dining plus an incredible 20x37' screened lanai with adjacent covered, outdoor kitchen. Contemporary brick and hand-laid stone with cypress accents, slate metal roof, wood-look tile floors, three-stage crown molding...every attention to detail is found in this custom Builder's home. Schedule a private showing today. Bayou tour available by request.

64 Lagrange Cove Cir, Freeport

$2,290,000
6 Beds 7 Baths 985796 MLS
10.51 acres of Luxury Equestrian Living! Experience the perfect blend of modern luxury and country living at this fully renovated and expanded horse farm estate. With premium stable facilities, this property offers both refined living spaces and first-class equestrian amenities including 6 horse stalls. Inside the main house, you will find 4,500 sqft of a fully renovated home in 2024 including 5 bedrooms, 5.5 baths, new wood flooring, high accent ceilings, and an open concept great room at the entrance. The gourmet kitchen features custom wooden cabinetry, granite countertops, and stainless steel appliances, making it both stylish and highly functional. Two spacious living rooms and a second kitchen provide for plenty of room for entertaining. This home comes fully furnished for a move-in-ready experience. Beyond the home, the estate offers upgraded stables, fenced and well-manicured pastures, and a rear storage shed for added convenience. The stable facilities remain in excellent condition and are well suited for horse care, training, and boarding. This turn-key deluxe equestrian setup is a horse lover's dream with each of the six stalls including double-rotating fans, automatic watering bowls, anti-fly misting system, and a covered paddock. There is a beautiful guest quarters attached to the stables including a third kitchen, full bathroom, and bedroom. There is also a separate wash area and tack area. Whether you are an avid equestrian or want a slice of luxury countryside close to the beach, this property is for you! Please call/text Taylor Simpson 850.333.2282 and/or Brooke O'Keefe 850.499.2031 to set up a showing today!

1619 Buddy Mcgill Trl, Ponce De Leon

$2,150,000
1004055 MLS
150 Marquis Way presents a rare 4.05-acre development opportunity in the heart of Freeport's explosive growth corridor. The property includes more than $475,000 in prepaid water capacity fees that transfer with the sale, offering immediate utility savings and development readiness. A current Development Order for a hotel provides flexibility for hospitality or mixed-use concepts. The site enjoys dual access from Marquis Way/311 and Highway 20 (Blue Ridge Parkway), with the Marquis connector extending west via bridge to Highway 83A South, ensuring strong regional connectivity. This parcel sits amid major new development activity including Hammock Bay, a 3,000-acre master-planned community with thousands of existing homes and continuous residential expansion, anchors the population growth driving commercial demand along the Hwy 20 corridor. Nearby Owls Head is emerging as a major mixed-use employment and commercial hub, positioned at the crossroads of Hwy 331 and Hwy 20 and supported by new retail and industrial development activity. Further amplifying long-term absorption, Carr Farms represents one of the most significant planned projects in Walton County, with projections of up to 21,000 new homes and roughly 10 million square feet of commercial space at full build-out. Together, these developments form the backbone of Freeport's rapid transformation and create sustained demand for lodging, retail, services, and commercial uses surrounding 150 Marquis Way.

150 Marquis Way, Freeport

$2,150,000
1004054 MLS
150 Marquis Way presents a rare 4.05-acre development opportunity in the heart of Freeport's explosive growth corridor. The property includes more than $475,000 in prepaid water capacity fees that transfer with the sale, offering immediate utility savings and development readiness. A current Development Order for a hotel provides flexibility for hospitality or mixed-use concepts. The site enjoys dual access from Marquis Way/311 and Highway 20 (Blue Ridge Parkway), with the Marquis connector extending west via bridge to Highway 83A South, ensuring strong regional connectivity. This parcel sits amid major new development activity including Hammock Bay, a 3,000-acre master-planned community with thousands of existing homes and continuous residential expansion, anchors the population growth driving commercial demand along the Hwy 20 corridor. Nearby Owls Head is emerging as a major mixed-use employment and commercial hub, positioned at the crossroads of Hwy 331 and Hwy 20 and supported by new retail and industrial development activity. Further amplifying long-term absorption, Carr Farms represents one of the most significant planned projects in Walton County, with projections of up to 21,000 new homes and roughly 10 million square feet of commercial space at full build-out. Together, these developments form the backbone of Freeport's rapid transformation and create sustained demand for lodging, retail, services, and commercial uses surrounding 150 Marquis Way.

150 Marquis Way, Freeport

$2,000,000
1001906 MLS
Positioned just east of the highly sought-after Hammock Bay community in Freeport, Florida, this 32-acre tract offers a prime opportunity for multifamily residential development or long-term investment. With proximity to top-rated schools, emerging commercial centers, and scenic coastal amenities, the property benefits from strong growth trends in Walton County. Its location near one of the region's most successful master-planned communities makes it an ideal site for future residential expansion, estate homes, or a strategically phased development project. The Phillips Portfolio represents a once-in-a-generation opportunity to invest in one of America's most dynamic growth markets. The Portfolio has been strategically assembled to include an inventory of 43 high-value assets.

941 Florida 20, Freeport

$1,999,000
3 Beds 3 Baths 999212 MLS
Blending relaxed elegance with unmistakable waterfront charm, this 3 BDRM 4BTH home offers the true Floridian lifestyle. The home has been completely painted on the outside in May 2026. Step outside to your private dock and take in the thriving coastal ecosystem, where each evening brings stunning, one-of-a-kind sunset views over the water. Step through the front door and into a bright, open interior where raised ceilings and expansive hallways create an inviting sense of space. To the right, the dining room extends into a screened-in porch, offering an ideal setting for effortless indoor-outdoor entertaining. To the left, a versatile drawing room or bonus space is complemented by a nearby full Guest Bath and laundry room. Continuing down the hall, you're led into a expertly curated kitchen featuring stainless steel appliances highlighted by an immaculate Verona stove imported from Italy, a beautifully designed hood, and ample countertop space for both everyday living and entertaining. The living room seamlessly connects the dining area and primary bedroom, while double doors open to a screened-in back porch-creating a natural flow for indoor-outdoor living. The Primary Bd offers access to the back porch and features a spacious walk-in closet. The Primary bath showcases artistic tile work, a double vanity, and a walk-in shower-blending modern design with a unique touch. The lower level offers a convenient half bath, additional refrigeration, a spacious living area, and a dedicated storage room. It also connects to a garage with room for more than two vehicles and provides access to the ground level screened-in back porch-ideal for extended living and entertaining. Upstairs from the main entry, you'll find two guest bedrooms with a full bath situated between them, offering comfort and privacy for family or visitors. Whether you're seeking a full time residence or a private coastal retreat, this home offers an exceptional opportunity to experience the Florida lifestyle at its finest. The boat lift was used for a 20', 4700 lb boat. The home is built on concrete rebar pilings. Buyer(s) are responsible to personally verify all details for property and dimensions. Any information contained in this listing is believed to be accurate but is not guaranteed.

1422 Lagrange Rd, Freeport

$1,699,900
4 Beds 5 Baths 1002600 MLS
BAYOU FRONT WITH BOAT DOCK! This coastal custom home is set on a protected bayou with serene water views. Enjoy your private dock which has $36k of upgrades that include a lift for a boat and 2 jet skis. The apartment above the garage offers versatility for an Airbnb or office. Enjoy Southern charm with brick pavers throughout, high ceilings, deep covered porches, including a 24x16 rear porch, and a fenced backyard with a small citrus grove. As a bonus, a 26kw whole-home generator supports both structures and the dock with 2 owned propane tanks. The main home offers 3bed/3.5 baths and a downstairs primary suite with a modern closet, soaking tub, and separate shower. The kitchen showcases an oversized island, gas range and extra storage in the kitchen galley. No HOA & room for a pool! Don't miss out A beautifully pavered driveway leads to the 2-car garage with a apartment above--complete with private bedroom, living area, bathroom, and kitchenette, ideal for rental income, guest suite, or office. Located within easy reach of 30A, Blue Mountain Beach, and Grayton Beach, easy boating to North Beach and The Bay restaurants or head to Crab Island in Destin--perfect as a primary residence, second home, or investment opportunity.

103 W Bayou Forest Dr, Freeport

$1,699,000
2 Beds 2 Baths 1011713 MLS
Beautiful 2-Acre Property with Expansion Potential in Freeport Discover the peace and privacy of this beautiful 2-acre property in the growing area of Freeport, located on Red Barn Road and zoned Rural Village. Surrounded by mature trees and a serene natural setting, this property offers the space and flexibility to create the lifestyle you've been looking for. The property has been transformed into a 2-bedroom, 2-bath home, with approved plans and development already in place to expand the living space and connect the home to the existing garage. Whether you're looking for a comfortable home now or envisioning additional space in the future, the possibilities are already underway. Adding even more value, the 2-acre lot can potentially be divided into two separate parcels, providing additional flexibility for future development, investment, or family use. Enjoy the tranquility of a spacious wooded setting while being positioned in one of Freeport's growing areas. Opportunities like this--combining acreage, zoning flexibility, existing improvements, and future potential--are hard to find. Call today to schedule your private showing and explore everything this unique property has to offer. Don't let this opportunity get away!

362 Red Barn Rd, Freeport

$1,595,000
5 Beds 5 Baths 1008633 MLS
Welcome to an extraordinary Randy Wise custom home in the exclusive Vineyards at Hammock Bay, where timeless elegance meets exceptional Florida living. Thoughtfully designed with impeccable craftsmanship and refined finishes throughout, this stunning residence offers the perfect blend of sophistication, comfort, and resort-style luxury. Step inside to discover an open, light-filled floor plan with soaring ceilings, designer details, and seamless indoor-outdoor living. Every space has been carefully curated to create an atmosphere of effortless elegance with stunning Cambria countertops that will make every event feel magical and elegant. The true showpiece awaits outdoors. This spectacular backyard retreat is nothing short of spectacular featuring a fireplace, sparkling resort-style, gunite, saltwater and heated pool, expansive screened covered living areas, and an incredible outdoor kitchen entertaining space designed for unforgettable gatherings. Whether you're hosting friends for sunset cocktails, enjoying family celebrations, or simply unwinding in your own private oasis, this outdoor sanctuary delivers the ultimate Florida lifestyle. Nestled within the prestigious Vineyards neighborhood of Hammock Bay, this exceptional residence offers privacy, luxury, and access to one of Freeport's most sought-after communities. Combining Randy Wise's renowned quality and craftsmanship with unparalleled outdoor living, this is more than a home--it's a lifestyle unlike any other. *There is also a whole house generator. *There is a three car garage with epoxy flooring and a generous sized storage closet.

121 Revana Way, Freeport

$1,500,000
7 Beds 5 Baths 1006674 MLS
**MAJOR PRICE CORRECTION** Waterfront multigenerational dream home on half an acre, all on one level and fully fenced for privacy, security, and fun. This rare property offers two separate homes, a covered pool, private dock, and tons of parking--perfect for a large family, multi-gen living, or a primary residence with incredible Airbnb/short-term rental potential. The main home is a spacious 3 bedroom, 2 bathroom layout with easy, single-level living, water views and includes a true mother-in-law suite with its own full kitchen, bathroom, and private access that leads directly out to the covered pool area--ideal for extended family, guests, or income-producing space. The second home is also a 3 bedroom, 2 bathroom layout. Multiple living areas, split bedrooms, and separate entrances give everyone room to spread out while still feeling connected. Step outside to your own private resort: a screened/covered pool just steps from both homes, a private dock for boating, fishing, or paddleboarding, and a fully fenced yard with privacy fence and gated entry. The oversized lot (approximately half an acre) offers room for kids, pets, toys, and gatherings, with ample driveway space and parking for cars, RV, or boat. This is an entertainer's paradise and a true lifestyle property--waterfront living, no stairs, multiple kitchens, and flexible spaces that can adapt as your needs change.

4374 W County Highway 83a, Freeport

$1,495,000
5 Beds 5 Baths 1004433 MLS
Some properties are built. Others are discovered. Hidden beneath the sweeping canopy of century-old live oaks where sunlight filters through draping branches and water views peek through the trees, this extraordinary 1.34-acre waterfront estate offers an experience that feels increasingly impossible to find along the Emerald Coast. Spanning nearly 6,000 square feet across three levels, this impressive brick residence combines scale, flexibility, and waterfront living in a way few properties can. Offering five bedrooms, four-and-a-half bathrooms, elevator access to all levels, hardwood flooring throughout, and private en-suites for every bedroom, this home was designed for buyers who need more than space--they need options. The thoughtful floor plan creates exceptional opportunities for multi-generational living, large households, guest accommodations, or those seeking a property capable of adapting alongside changing needs. Whether housing multiple generations under one roof or creating separate spaces for long-term guests, the layout provides both connection and privacy. At the center of the home, the gourmet kitchen opens into expansive gathering spaces designed for entertaining on every scale. Multiple screened porches create natural extensions of the living spaces, offering peaceful mornings beneath the oaks, sunset dinners overlooking the water, and spaces large enough to host celebrations, holidays, and unforgettable gatherings. The second level creates one of the home's most remarkable living spaces with walls of windows stretching across the home, flooding interiors with natural light while showcasing stunning basin bayou views that shift beautifully throughout the day. Storage, recreation, and flexibility were clearly part of the vision behind this property. The third floor is finished and a blank canvas that could be used for 2000 sqft of storage or creative options that fit your vision. Two oversized drive-through bay garages create extraordinary opportunities for RV storage, boats, workshops, recreational vehicles, watercraft, or collections that require more than traditional garage space can offer. Outside, the possibilities expand even further. Launch a kayak or paddleboard directly from your property and explore the waterways leading toward the bay. Spend the day fishing in the lake or head toward the bay by way of the low bridge near the locals' favorite, Nick's Seafood Restaurant. Bring the boat, the RV, the jet skis, and all the water toys because this property offers one luxury that has become increasingly rare--freedom. No HOA. No restrictive covenants. Located along Highway 20 with convenient access to Destin, marinas, dining, shopping, and the white sand beaches of the Emerald Coast, this property offers the rare combination of waterfront privacy while remaining connected to everything that makes coastal living desirable. Luxury homes exist, Waterfront homes exist, Large homes exist. However, properties that combine all three with acreage, unrestricted use, multi-generational functionality, income potential, and a setting this remarkable are extraordinarily uncommon. There is simply not another property like this. Waterfront living without compromise. Unlimited potential with room to create whatever comes next. Call for your private tour today.

7348 W St Hwy 20, Freeport

Vendor Member Number : 28166