7348 W ST HWY 20, Freeport, FL 32439

New Listing
$2,500,000
Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 5,918 Status: Active
Current Price: $2,500,000 List Date: 6/02/2026 Last Modified: 6/02/2026

Description

Some properties are built. Others are discovered. Hidden beneath the sweeping canopy of century-old live oaks where sunlight filters through draping branches and water views peek through the trees, this extraordinary 1.34-acre waterfront estate offers an experience that feels increasingly impossible to find along the Emerald Coast. Spanning nearly 6,000 square feet across three levels, this impressive brick residence combines scale, flexibility, and waterfront living in a way few properties can. Offering five bedrooms, four-and-a-half bathrooms, elevator access to all levels, hardwood flooring throughout, and private en-suites for every bedroom, this home was designed for buyers who need more than space--they need options. The thoughtful floor plan creates exceptional opportunities for multigenerational living, large households, guest accommodations, or those seeking a property capable of adapting alongside changing needs. Whether housing multiple generations under one roof or creating separate spaces for long-term guests, the layout provides both connection and privacy. At the center of the home, the gourmet kitchen opens into expansive gathering spaces designed for entertaining on every scale. Multiple screened porches create natural extensions of the living spaces, offering peaceful mornings beneath the oaks, sunset dinners overlooking the water, and spaces large enough to host celebrations, holidays, and unforgettable gatherings. The second level creates one of the home's

Supplements: most remarkable living spaces with walls of windows stretching across the home, flooding interiors with natural light while showcasing stunning lake views that shift beautifully throughout the day. Storage, recreation, and flexibility were clearly part of the vision behind this property. The third floor is finished and a blank cavas that could be used for 2000 sqft of storage or creative options that fit your vision. Two oversized drive-through bay garages create extraordinary opportunities for RV storage, boats, workshops, recreational vehicles, watercraft, or collections that require more than traditional garage space can offer. Outside, the possibilities expand even further. Launch a kayak or paddleboard directly from your property and explore the waterways leading toward the bay. Spend the day fishing in the lake or head toward the bay by way of the low bridge near the locals' favorite, Nick's Seafood Restaurant. Bring the boat, the RV, the jet skis, and all the water toys because this property offers one luxury that has become increasingly rare--freedom. No HOA. No restrictive covenants. Located along Highway 20 with convenient access to Destin, marinas, dining, shopping, and the white sand beaches of the Emerald Coast, this property offers the rare combination of waterfront privacy while remaining connected to everything that makes coastal living desirable. Luxury homes exist, Waterfront homes exist, Large homes exist. However, properties that combine all three with acreage, unrestricted use, multigenerational functionality, income potential, and a setting this remarkable are extraordinarily uncommon. There is simply not another property like this. Waterfront living without compromise. Unlimited potential with room to create whatever comes next. Call for your private tour today.

More Information MLS# 1004433

General Property Info

userdefined76: 0 Sub-Type: Detached Single Family Design: Southern SqFt Source: Building Plan Immediate Occupancy: Yes Garage: Yes Carport: No Pool: No Pool Type: None Apx SqFt(Htd/Cooled): 5918 Bedrooms: 5 Full Baths: 4 Half Baths: 1 Total Bathrooms: 5 # Stories: 3 Year Built: 2007

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 422.44 List Date: 2026-06-01 Current Price: $2,500,000 List Price: $2,500,000

Location, Tax and Legal

Sub Area: 2002 - Choctaw Beach Elementary School: Freeport Middle School: Freeport High School: Freeport Legal Description: COMNE/CSEC21,S00 DEG42'53''WONELNSEC 21 1192,93 FtTOAPTOFAWITHCENTERLINEOFSTREETRD20

Listing Info, Tax & Legal

Is Subject Leased: No Assessment Fees: No New Buyer Fee: No Brokerage Interest: No Interest As Is: Yes

Remarks & Misc

Remarks: Some properties are built. Others are discovered. Hidden beneath the sweeping canopy of century-old live oaks where sunlight filters through draping branches and water views peek through the trees, this extraordinary 1.34-acre waterfront estate offers an experience that feels increasingly impossible to find along the Emerald Coast. Spanning nearly 6,000 square feet across three levels, this impressive brick residence combines scale, flexibility, and waterfront living in a way few properties can. Offering five bedrooms, four-and-a-half bathrooms, elevator access to all levels, hardwood flooring throughout, and private en-suites for every bedroom, this home was designed for buyers who need more than space--they need options. The thoughtful floor plan creates exceptional opportunities for multigenerational living, large households, guest accommodations, or those seeking a property capable of adapting alongside changing needs. Whether housing multiple generations under one roof or creating separate spaces for long-term guests, the layout provides both connection and privacy. At the center of the home, the gourmet kitchen opens into expansive gathering spaces designed for entertaining on every scale. Multiple screened porches create natural extensions of the living spaces, offering peaceful mornings beneath the oaks, sunset dinners overlooking the water, and spaces large enough to host celebrations, holidays, and unforgettable gatherings. The second level creates one of the home's

Construction Status

Construction Complete: 1

Parking Features

Boat: 1 Garage: 1 Garage Attached: 1 RV: 1

Utilities

Electric: 1 Gas - Natural: 1 Septic Tank: 1

Zoning

Resid Single Family: 1

Energy

AC - 2 or More: 1 AC - Central Elect: 1 Water Heater - Elect: 1

Master Bedroom

Second: 1

Bedroom

First: 1

Kitchen

Second: 1

Rooms

Bedroom: 1 Dining Room: 1 Family Room: 1 Kitchen: 1 Master Bedroom: 1 Recreation Room: 1

Status Change Info

Status: Active

Location Tax and Legal

Area: 20 - Freeport Street #: 7348 Street Direction: W Street Name: ST HWY 20 State: FL Zip Code: 32439 County: Walton Project Name/Subdivision: N/A Parcel ID: 21-1S-20-32000-020-0010

Property Features

Construction Status: Construction Complete Zoning: Resid Single Family Parking Features: Boat; Garage; Garage Attached; RV Utilities: Electric; Gas - Natural; Septic Tank Energy: AC - 2 or More; AC - Central Elect; Water Heater - Elect Master Bedroom: Second Bedroom: First Kitchen: Second Rooms: Bedroom; Dining Room; Family Room; Kitchen; Master Bedroom; Recreation Room

Room Information

Family Room Level: Second Dimensions: 24 x 14 Length: 24.00 Width: 14.00 Remarks: Measurements are approximate Dimensions: 24 x 14 Dining Room Level: Second Dimensions: 24 x 12 Length: 24.00 Width: 12.00 Remarks: Measurements are approximate Dimensions: 24 x 12 Master Bedroom Level: Second Dimensions: 24 x 14 Length: 24.00 Width: 14.00 Remarks: Measurements are approximate Dimensions: 24 x 14 Recreation Room Level: Third Dimensions: 28 x 74 Length: 28.00 Width: 74.00 Remarks: Measurements are approximate Dimensions: 28 x 74 Bedroom Level: First Dimensions: 18 x 12 Length: 18.00 Width: 12.00 Remarks: Measurements are approximate Dimensions: 18 x 12 Bedroom Level: First Dimensions: 18 x 12 Length: 18.00 Width: 12.00 Remarks: Measurements are approximate Dimensions: 18 x 12 Kitchen Level: Second Dimensions: 24 x 12 Length: 24.00 Width: 12.00 Remarks: Measurements are approximate Dimensions: 24 x 12
Listing Office: Coldwell Banker Realty
Last Updated: June - 02 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.