About 13000 W State Highway 20
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 7 bedrooms, 6 full and 3 half bathrooms, 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!
Features of 13000 W State Highway 20
| MLS® # | 971137 |
|---|---|
| Price | $1,899,000 |
| Bedrooms | 10 |
| Bathrooms | 12.00 |
| Full Baths | 9 |
| Half Baths | 3 |
| Square Footage | 9,015 |
| Acres | 3.43 |
| Year Built | 1983 |
| Type | Residential |
| Sub-Type | Detached Single Family |
| Style | Villa |
| Status | Active |
| Waterfront | Bay |
| Waterview | Bay |
| Last Taxes | 9927.96 |
| Last Tax Year | 2024 |
Community Information
| Address | 13000 W State Highway 20 |
|---|---|
| Area | Freeport |
| Subdivision | Choctaw Beach |
| City | Freeport |
| County | Walton |
| State | FL |
| Zip Code | 32439 |
Amenities
| Utilities | Electric, Public Water, Septic Tank |
|---|---|
| Is Waterfront | Yes |
| Waterfront | Bay |
| Has Pool | Yes |
| Pool | Pool - In-Ground, Private |
Interior
| Interior Features | Breakfast Bar, Ceiling Beamed, Ceiling Cathedral, Ceiling Crwn Molding, Ceiling Raised, Ceiling Vaulted, Fireplace 2+, Floor Hardwood, Floor Laminate, Floor Marble, Floor Tile, Furnished - Some, Guest Quarters, Kitchen Island, Lighting Recessed, Owner's Closet, Plantation Shutters, Shelving, Split Bedroom, Walls Paneled, Washer/Dryer Hookup, Window Treatment All |
|---|---|
| Appliances | Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer, Wine Refrigerator |
| Heating | Heat Cntrl Electric |
| Cooling | AC - 2 or More, AC - Central Elect, Ceiling Fans |
| Has Basement | No |
| Fireplace | Yes |
| Fireplaces | Fireplace 2+ |
| # of Stories | 2 |
Exterior
| Exterior | Roof Tile/Slate, Stucco |
|---|---|
| Exterior Features | Balcony, Fenced Chain Link, Fenced Lot-All, Guest Quarters, Lawn Pump, Patio Covered, Patio Open, Pool - In-Ground, Sprinkler System, Yard Building |
| Lot Description | Within 1/2 Mile to Water |
| Roof | Roof Tile/Slate |
School Information
| Elementary | Freeport |
|---|---|
| Middle | Freeport |
| High | Freeport |
Additional Information
| Days on Website | 223 |
|---|---|
| Zoning | Resid Single Family |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |