L 2 Wildwood Lakes Drive
About This Property
Qualified buyers may receive a lender credit toward a permanent interest rate buydown--helping make this beautiful new home even more affordable. Discover this spacious new construction home featuring a desirable split floor plan with 3 bedrooms and 2 bathrooms, offering a total 2,306 sq ft of comfortable living space. Nestled on a beautifully wooded 1.86-acre lot, this property provides the perfect balance of privacy and natural surroundings. Step inside to an open-concept layout filled with natural light, ideal for both everyday living and entertaining. The expansive kitchen offers plenty of space to gather and create lasting memories. The primary suite is a true retreat, complete with a walk-in closet and a luxurious ensuite bathroom featuring a stand-alone soaking tub and separate tile shower.
Enjoy peaceful outdoor living with a covered front porch and a 14' x 12' back deck, perfect for relaxing mornings or quiet evenings overlooking serene wooded views. Additional features include an attached garage with attic access, providing ample storage space. This area is experiencing exciting growth, with increasing job opportunities driven by major developments such as the Amazon Distribution Facility and the River Ranch Aerospace Manufacturing Project--both contributing to rising property values and long-term investment potential. Enjoy the peace of country living while remaining conveniently connected. This home is just a short drive to Crestview, Fort Walton Beach, and Destin, with easy access via Highway 90 and nearby interstate routes. Experience country living with modern comfort--don't miss this opportunity! All plans, features, and specifications are subject to change at the builder's discretion without prior notice, and may not be known to the listing agent at the time of change. Note: Photos may not reflect the new build specs. This is the same house plan, but builder will and or may make some changes during build
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 19, 2026 | Listed by Keller Williams Realty FWB | $352,519 | |
| Listed by Keller Williams Realty FWB | |||
| Feb 27, 2026 | Sold | ||
| Sold | |||
| Feb 23, 2026 | Listed by Keller Williams Realty FWB | $39,000 | |
| Listed by Keller Williams Realty FWB | |||
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1.86 acre lot Zoned Rural Village. Flood Zone is X. The lot is cleared cleared and filled and an existing paved road with a cul-de-sac. Can be sold individually or all 16 lots. Another option : pick your lot and work with SHS, a local Walton County Builder. AVERAGE BUILD TIME 4 MONTHS. Wildwood Lakes Phase III offers a fully approved residential development of 16 single-family homes in an up-and-coming market. Prime position 1 mile off US 90 and just 15 minutes from US 331 and I-10, able to reach Destin and Fort Walton in less than an hour. These nearby connections will place employment and recreation hubs at residents' fingertips. The area is rich with natural foliage dotted by clear cold-water springs and bounded by sparkling white sand beaches, providing endless opportunities for
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017