13000 W State Highway 20 Freeport, FL 32439
Listing Courtesy of: EMERALD COAST / Lokation

  13000 W State Highway 20 Freeport, FL 32439

Active (2 Days)
$1,949,000
10
BED
12
BATH
9,015
SQFT
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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 8 bedrooms, 4 bathrooms, and 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!

MLS #:
971137
Taxes
$9,928(2024)
Lot Size
3.43 acres
Type
Single-Family Home
Year Built
1983
Style
Villa
Views
Bay
County
Walton County

Listed By

Hillary Driscoll Olds, Lokation
Source
EMERALD COAST
Last checked Apr 4 2025 at 4:28 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 9
  • Half Bathrooms: 3
Interior Features
  • Window Treatment All
  • Washer/Dryer Hookup
  • Walls Paneled
  • Split Bedroom
  • Shelving
  • Plantation Shutters
  • Owner's Closet
  • Lighting Recessed
  • Kitchen Island
  • Guest Quarters
  • Furnished - Some
  • Floor Tile
  • Floor Marble
  • Floor Laminate
  • Floor Hardwood
  • Fireplace 2+
  • Ceiling Vaulted
  • Ceiling Raised
  • Ceiling Crwn Molding
  • Ceiling Cathedral
  • Ceiling Beamed
  • Breakfast Bar
Kitchen
  • Wine Refrigerator
  • Washer
  • Stove/Oven Electric
  • Smoke Detector
  • Refrigerator W/Icemk
  • Microwave
  • Dryer
  • Disposal
  • Dishwasher
  • Cooktop
Subdivision
  • Choctaw Beach
Lot Information
  • Within 1/2 Mile to Water
Property Features
  • Fireplace: Fireplace 2+
Heating and Cooling
  • Central
  • Central Air
  • Ceiling Fans
Pool Information
  • Pool - In-Ground
Utility Information
  • Utilities: Septic Tank, Public Water, Electric
School Information
  • Elementary School: Freeport
  • Middle School: Freeport
  • High School: Freeport
Stories
  • 2
Location
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Vendor Number:29098
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