$1,149,000
bedrooms
7
bathrooms
6
square feet
5,946
Acreage
1.15
Open Houses
-
year built
1993
Full Baths
6
Half Baths
0
Exceptional Investment Opportunity - Waterfront Property with Price Improvement making it one of the best values in the Panhandle! Seize a unique opportunity to invest in a highly valued waterfront estate over 1+ acre, perfect for income generation. This property features multiple accessory dwelling units (ADUs) ideal for family, guests, or rental income. The main home offers 4 spacious bedrooms, 3 bathrooms, a stunning kitchen with granite countertops, custom maple cabinetry, and a kitchen bar. Enjoy panoramic bay views from the formal living and dining rooms, and a 360-degree vista from the cupola. The heated and cooled 2-car garage enhances convenience and comfort. Included is a 784-square-foot apartment above the garage, with a kitchen, bathroom, separate entrance, and a balcony with water views—ideal for an in-law suite or rental unit. The detached workshop with a loft apartment features 1 bedroom, 1 bathroom, a kitchenette, and bunk beds, making it perfect for Airbnb rentals. Additionally, a detached 3-car garage with over 700 square feet of living space above, complete with a bathroom and kitchen, offers further rental potential. Outdoor amenities include a dock, boat lift, koi pond, and multiple decks for enjoying the bay views and sunsets. All buildings are equipped with durable metal standing seam roofs, ensuring long-term resilience and minimal maintenance costs. With minor adjustments, this property can be transformed into a unique bed and breakfast, leveraging its prime location and picturesque setting. Invest in a property that offers unparalleled versatility and potential. Schedule a showing to explore the endless opportunities this exceptional property presents.
Location | |
Subdivision | Lagniappe Beach |
County | Santa Rosa |
Elementary School | West Navarre |
Middle School | WOODLAWN BEACH |
High School | Navarre |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 652798
Listing agent:
Eric Schneider
Listing broker:
Homes By Vets Realty,Llc
(314) 605-4616
Copyright © 2025 Pensacola Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Sunday, April 13 2025 at 3:34 p.m. EDT
Kotohomes National
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