$1,250,000
- 5
- beds
- 4 full · 1 half
- baths
- 5,918
- sqft
- 2007
- year built
- 5
- beds
- 4 full · 1 half
- baths
- 5,918
- sqft
- 2007
- year built
- Status:
- Pending
- MLS #:
- 1004433
- Listed By:
- Beverly J Buck - Coldwell Banker Realty
- Agent Email:
- beverly.buck@floridamoves.com
Sponsoring Broker: Jennifer Ledesma, Berkshire Hathaway HomeServices Beach Properties of Florida
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 multi-generational 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 most remarkable living spaces with walls of windows stretching across the home, flooding interiors with natural light while showcasing stunning basin bayou 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 canvas 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, multi-generational 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.
-
- Bedrooms
- 5
-
- Bathrooms
- 4 full · 1 half
-
- Year Built
- 2007
-
- Stories
- 3.0
-
- Architectural Style
- Pueblo
-
- Construction Materials
- Brick
-
- Foundation
- Slab
-
- Garage Spaces
- 4.0
-
- Parking Features
- Attached, See Remarks, Oversized, Garage Door Opener, Garage, RV Access/Parking, Guest, Boat
-
- Interior Features
- Pantry, Elevator, Bookcases, Natural Woodwork
-
- Appliances
- Dryer, Electric Water Heater, Refrigerator, Washer, Gas Oven, Range Hood
-
- Flooring
- Hardwood, Tile
-
- Furnished
- Unfurnished
-
- Exterior Features
- Dock, Rain Gutters
-
- Patio And Porch
- Covered, Deck, Porch, Enclosed, Screened
-
- Security Features
- Smoke Detector(s)
-
- Cooling
- Ceiling Fan(s), Central Air, Electric
-
- Heating
- Natural Gas, Electric, Central
-
- Acres
- 1.34
-
- Lot Features
- Wooded, Level, Cleared, Waterfront, Interior Lot
-
- Water Front
- Yes
-
- View
- Bay
-
- Utilities
- Electricity Available, Natural Gas Available, Underground Utilities
-
- Water
- Well
-
- Area
- 20 - Freeport
-
- County
- Walton
-
- City
- Freeport
-
- Neighborhood
- N/A
-
- Zip Code
- 32439
-
- High School
- Freeport
-
- Middle School
- Freeport
-
- Elementary School
- Freeport
-
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Price History
| 06/01/2026 | Listed | $1,250,000 |
| Source: Emerald Coast Association of REALTORS #1004433 | ||
Source: MLS Data
Deed History
| 07/20/2020 | Intrafamily Transfer - Transaction is between related parties for any reason & no consideration. | $0 |
| 06/28/2018 | Intrafamily Transfer - Transaction is between related parties for any reason & no consideration. | $0 |
| 11/15/2005 | Intrafamily Transfer - Transaction is between related parties for any reason & no consideration. | $0 |
| 11/15/2005 | Intrafamily Transfer - Transaction is between related parties for any reason & no consideration. | $0 |
| 11/15/2005 | Warranty Deed | $400,000 |
Source: Public records via Constellation Data Labs
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Frequently Asked Questions
How do I schedule a tour of 7348 W State Highway 20?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 7348 W State Highway 20.
They know residentials in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about 7348 W State Highway 20?
Click Ask a Question to talk with our team. You already know it is a 5 bed, 4 bath, listed for $1,250,000. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Freeport, and can even get you in to see the property quickly.
How do I get a virtual tour of 7348 W State Highway 20?
Yes! A virtual tour is available for 7348 W State Highway 20. Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.
How much is the monthly mortgage payment for 7348 W State Highway 20?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 7348 W State Highway 20 at around $7,113. This includes estimated property taxes and insurance.
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How do I get pre-approved to buy 7348 W State Highway 20?
Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.
Or, let us connect you with our preferred local lender in Walton County. They will give you all of your available financing options, based on your specific situation and what is available to you.
Can I negotiate the asking price for 7348 W State Highway 20?
In most cases, yes. Whether 7348 W State Highway 20 is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Freeport's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 7348 W State Highway 20?
We can handle that for you. Our preferred local agent specializes in residentials in Freeport and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
What is the price per square foot for this home?
This home is listed at $1,250,000 with 5,918 sqft of space—that comes out to approximately $211 per square foot.
How long has this property been on the market?
7348 W State Highway 20 was listed on June 01, 2026, which means it's been on the market for 161 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 2007, making it approximately 19 years old.
What is the lot size of this property?
7348 W State Highway 20 sits on a 1.34-acre lot, which is 58,370 square feet.
What schools are assigned to this property?
Based on MLS info, this home is zoned for:
- Elementary: Freeport
- Middle: Freeport
- High: Freeport
Want to see how these schools compare? Check out our Walton County School Guide to see ratings, reviews, and more for the schools in the area.
Is 7348 W State Highway 20 still available for sale?
This home is pending sale, which means the seller has accepted an offer. You can favorite it to track status or ask our expert to help you find similar homes in this area. We'll also let you know if this property comes back on the market.
Source: ez Home Search, MLS Data
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