$500,000

5 Shady Lane, Mary Esther, FL 32569

4 beds |
3 baths |
3,116 sqft

Single-Family Home
Built in 1989
0.26acre lot
2 car garage
$160/sqft
Listed 2 months ago

Property Description

**Assumable VA Loan - 2.625%** Welcome to 5 Shady Lane, a 3,241sf custom-built home with huge potential in one of the area's most desirable locations. Surrounded by mature oaks, this property already offers great bones: vaulted ceilings, custom built-ins, a spacious great room with a brick fireplace, and a main-level master suite. Upstairs, a massive bonus room adds flexible living space—perfect for an additional bedroom, family room, or home office. The oversized two-car garage with workspace, private back patio, and charming covered front porch add even more value. Plus, enjoy deeded Sound access at the end of the street perfect for launching a kayak or paddleboard. Priced well below appraisal, this is a rare chance to update, customize, and build equity while creating your dream coastal retreat. **Seller agrees to new roof installation prior to closing with accepted full price offer. Transferrable termite bond. Schedule to come see it today!

Listing Status:: Pending
Date Added:: September 22, 2025 at 05:00AM
Listing Office:: Lokation : 954-545-5583
Listing Agent:: Rick A Deckert : 850-855-0442
MLS ID:: 985904

General: Central VacuumBookcasesCrown MoldingVaulted Ceiling(s)FireplaceKitchen IslandPantryPull Down StairsWasher/Dryer HookupWet BarNatural Woodwork
Appliances: CooktopDishwasherDryerMicrowaveIce MakerElectric RangeWasherElectric Water Heater
Flooring: HardwoodTileVinylCarpet
A/C: Ceiling Fan(s)
Heating:

General: Private Yard
Style: Traditional
Parking: OversizedGarage

Windows: Double Pane WindowsWindow Bay
General: FrameBrickTrim WoodSiding CmntFbrHrdBrd2

Road/Access: Private Road
HOA Amenities: LegalManagementMaster Association300.0Annually
Golf: Deed AccessWaterfront
Originating MLS: Emerald Coast Association of REALTORS®
County: Okaloosa

Zoning: Resid Single Family16-2S-24-2240-0000-0030
Fencing: Privacy

Utilities: Electricity Connected
Sewer: 0

Source: Emerald Coast Association of REALTORS®

This listing courtesy of Rick A Deckert, Lokation

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Mary Esther Elementary School

320 E Miracle Strip Pkwy, Mary Esther, FL, 32569

Grades PK-5

0.16 miles away

Max Bruner Junior Middle School

322 Holmes Blvd NW, Fort Walton Beach, FL, 32548

Grades 6-8

1.49 miles away

Fort Walton Beach High School

400 Hollywood Blvd SW, Fort Walton Beach, FL, 32548

Grades 9-12

0.98 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.