13000 W State Highway 20, Freeport, FL 32439
Local realty services provided by:Better Homes and Gardens Real Estate Emerald Coast
13000 W State Highway 20,Freeport, FL 32439
$1,899,000
- 10 Beds
- 12 Baths
- 9,015 sq. ft.
- Single family
- Active
Listed by:hillary driscoll olds
Office:lokation
MLS#:971137
Source:FL_ECAR
Price summary
- Price:$1,899,000
- Price per sq. ft.:$210.65
About this home
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!
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Home facts
- Year built:1983
- Listing ID #:971137
- Added:175 day(s) ago
- Updated:September 09, 2025 at 08:05 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:12
- Full bathrooms:9
- Half bathrooms:3
- Living area:9,015 sq. ft.
Structure and exterior
- Year built:1983
- Building area:9,015 sq. ft.
- Lot area:3.43 Acres
Schools
- High school:Freeport
- Middle school:Freeport
- Elementary school:Freeport
Utilities
- Water:Public Water
Finances and disclosures
- Price:$1,899,000
- Price per sq. ft.:$210.65
- Tax amount:$9,928 (2024)
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