5 Shady Lane, Mary Esther, FL 32569

$478,500
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 3,116 Lot Size (sq. ft.): 11,326 Status: Sold
Current Price: $500,000 List Date: 9/22/2025 Last Modified: 12/20/2025

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

Supplements: 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!

More Information MLS# 985904

Status Change Info

Status: Sold Under Contract Date: 2025-10-17 Sold Date: 2025-12-19 Sold Price: $478,500 Sold Price/SqFt: 153.56

Contract Info

List Date: 2025-09-22 Current Price: $478,500 List Price: $500,000 List Price/SqFt: 160.46 Listing Board: Emerald Coast

Location Tax and Legal

Area: 12 - Fort Walton Beach Street #: 5 Street Name: Shady Street Suffix: Lane State: FL Zip Code: 32569 County: Okaloosa Project Name/Subdivision: SHADY LANE Parcel ID: 16-2S-24-2240-0000-0030

General Property Info

Sub-Type: Detached Single Family Design: Traditional Apx SqFt(Htd/Cooled): 3116 SqFt Source: Appraiser Bedrooms: 4 Full Baths: 2 Half Baths: 1 Total Bathrooms: 3 # Stories: 2 Year Built: 1989 Immediate Occupancy: Yes Garage: Yes Carport: No Garage Spaces: 2 Driveway Spaces: 2 Acreage: 0.26 Pool: No Pool Type: None

Lot Features

Coastal Barrier Zone: No

Property Features

Construction Status: Construction Complete Lot Features: Covenants; Cul-De-Sac; Within 1/2 Mile to Water Zoning: Resid Single Family Parking Features: Garage; Oversized Project Facilities: Deed Access; Waterfront Exterior: Fenced Back Yard; Fenced Privacy; Patio Open; Porch; Porch Open Interior: Built-In Bookcases; Ceiling Crwn Molding; Ceiling Raised; Ceiling Vaulted; Fireplace; Floor Hardwood; Floor Tile; Floor Vinyl; Floor WW Carpet; Kitchen Island; Pantry; Pull Down Stairs; Washer/Dryer Hookup; Wet Bar; Window Bay; Woodwork Stained Appliances: Auto Garage Door Opn; Central Vacuum; Cooktop; Dishwasher; Dryer; Microwave; Refrigerator W/IceMk; Smoke Detector; Stove/Oven Electric; Washer Utilities: Electric; Private Well; Public Sewer; Public Water Energy: AC - Central Elect; Ceiling Fans; Double Pane Windows; Heat Cntrl Electric; Water Heater - Elect Master Bedroom: First Bedroom: First; Second Kitchen: First Rooms: Bedroom; Dining Room; Garage; Great Room; Kitchen; Master Bedroom Financing: Conventional; FHA; VA Fees Include: Ground Keeping; Legal; Management; Master Association

Room Information

Great Room Level: First Dimensions: 34 x 19 Length: 34.00 Width: 19.00 Dimensions: 34 x 19 Kitchen Level: First Dimensions: 22 x 12 Length: 22.00 Width: 12.00 Dimensions: 22 x 12 Dining Room Level: First Dimensions: 12 x 11 Length: 12.00 Width: 11.00 Dimensions: 12 x 11 Master Bedroom Level: First Dimensions: 16 x 16 Length: 16.00 Width: 16.00 Dimensions: 16 x 16 Bedroom Level: First Dimensions: 13 x 12 Length: 13.00 Width: 12.00 Dimensions: 13 x 12 Bedroom Level: First Dimensions: 12 x 11 Length: 12.00 Width: 11.00 Dimensions: 12 x 11 Bedroom Level: Second Dimensions: 28 x 21 Length: 28.00 Width: 21.00 Dimensions: 28 x 21 Bedroom Level: Second Dimensions: 25 x 21 Length: 25.00 Width: 21.00 Dimensions: 25 x 21 Garage Level: First Dimensions: 24 x 21 Length: 24.00 Width: 21.00 Dimensions: 24 x 21
Listing Office: Lokation
Last Updated: December - 20 - 2025
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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