1. Florida
  2. Freeport
  3. 13000 W State Highway 20
$1,949,000

13000 W State Highway 20, Freeport, FL 32439

  • 10 beds |
  • 12 baths |
  • 9,015 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1983
  • Property Lot Size Icon3.43acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $216/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

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!

Listing Status:
Active
Date Added:
April 2, 2025 at 05:00AM
Listing Office:
Lokation : 954-545-5583
Listing Agent:
Hillary Driscoll Olds : 850-699-0344
MLS ID:
971137
  • General: Breakfast BarCeiling BeamedCeiling CathedralCeiling Crwn MoldingCeiling RaisedCeiling VaultedFireplace 2+Floor HardwoodFloor LaminateFloor MarbleFloor TileFurnished - SomeGuest QuartersKitchen IslandLighting RecessedOwner's ClosetPlantation ShuttersShelvingSplit BedroomWalls PaneledWasher/Dryer HookupWindow Treatment All
  • Appliances: CooktopDishwasherDisposalDryerMicrowaveRefrigerator W/IceMkSmoke DetectorStove/Oven ElectricWasherWine Refrigerator
  • A/C: Ceiling FansCentral Air
  • Heating: Central

This listing courtesy of Hillary Driscoll Olds, Lokation

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

Freeport Elementary School

15381 US Highwayy 331 S, Freeport, FL, 32439

Grades PK-5

12.61 miles away

F

Freeport Middle School

360 Kylea Laird Dr, Freeport, FL, 32439

Grades 6-8

12.35 miles away

F

Freeport High School

12615 331 Business, Freeport, FL, 32439

Grades 9-12

14.12 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.