268 Pruett Road
About This Property
The moment you step onto Cat Point Hideaway, the high-rises, traffic, and cookie-cutter developments fade away.
In their place: 1.33 acres of pure coastal sanctuary--sprawling live oaks, native palms, and whispering pines along the shoreline of the Apalachicola Bay.
50+ acres of state-owned preserve surround the grounds of Cat Point Hideaway adding to this nature lover's paradise.
Perched right in the middle of it all is a luxury 4-bedroom, 2.5-bath bayfront home designed for effortless living:
•Main Level: Features open-concept living, kitchen, and dining areas that keep the Bay front and center, along with two comfortable bedrooms, a full bath, and a half bath.
•Upper Level: The primary suite opens to a private balcony overlooking the water, alongside a fourth bedroom with ample space for extended family and guests.
•Outdoor Living: A screened porch and expansive open-air deck invite you to relax and soak in the Bay breezes.
Wake up to coffee on your balcony, launch a kayak from the sandy shore, or watch the wildlife near the pond.
Spend your afternoon on the white sands of St. George Island, then head home to rinse off in the outdoor shower, fire up the grill, and unwind around the fire pit or in the hot tub.
This house is designed with the outdoor enthusiast in mind, under-house parking easily accommodates boats, RVs, and recreational toys. The fish-cleaning station and nearby campground-style grill are meant for enjoying the day's catch of Redfish, Trout, Flounder, Spanish or Tripletail.
The Eastpoint Fishing Pier and Apalachicola National Estuarine Research Reserve are both within walking distance.
While the setting feels wonderfully secluded, some of the Forgotten Coast's most treasured destinations are remarkably close. You are only a a few miles from the St. George Island beach and lighthouse, and minutes from historic downtown Apalachicola's dining, shops and art galleries.
Cat Point Hideaway is offered at $1,350,000 for the home and 1.33 acres.
Be sure to check out the property tour video!
OFFERING OPTIONS:
-Entire 4-Parcel Estate (~4 Acres + Home): $1,975,000
MLS 795969
-Home + 1.33 Acres (Parcel 2): $1,350,000
MLS 794761
-Parcel 1 (1.32 Acres): $425,000
MLS 794780
-Parcel 3 (0.68 Acres): $300,000
MLS 795922
-Parcel 4 (0.68 Acres): $300,000
MLS 795923
Listed By
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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.
How is cap rate calculated?
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 |
|---|---|---|---|
| Aug 28, 2026 | Listed by Keller Williams Success Realty | $1,350,000 | |
| Listed by Keller Williams Success Realty | |||
| Jun 12, 2024 | No longer available | - | |
| No longer available | |||
| May 24, 2024 | Listed by The Naumann Group - Coastal Division | $2,400,000 | |
| Listed by The Naumann Group - Coastal Division | |||
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Close to everything but away from it all! This is a rare opportunity to own over 4 acres of secluded land along the St. George Sound. Built in 2020 and nestled in the center of this coastal retreat is a 1600sqft 4BR/2.5BA home surrounded by mature oak and palmetto trees. The main floor of the home features an open concept great room with kitchen/living/dining and unobstructed Bay views. Step out onto a screened porch & open sun deck where you can enjoy the sounds of the water lapping the shore and the bay breeze. Adjacent to the kitchen is a designated laundry room with convenient access from the outdoors. 2 guest bedrooms, 1 full & 1 half bath complete this level. At the top of a beautifully crafted staircase lined with picture windows is a kids bunk room that sleeps 4 and has a view of the property's pond. Across the hall is the Primary Bedroom with En-suite bath and breathtaking views of St. George Sound. Wake up to the sun rising over the bay and enjoy your morning coffee on the covered deck - a sure way to start the day right. It's no wonder this home is quickly becoming a popular vacation rental with excellent reviews and repeat guests. Rental income for 2024 is on track to gross $80K. Outside amenities include a hot tub & outdoor shower, fish cleaning area, grill, fire pit and a hanging tree swing for two. The property's 4+ acres of tranquil & serene grounds abut The Apalachicola National Estuarine Research Reserve's protected "Old Florida" habitat. A nature enthusiast's dream come true, with the convenience of being only 5 miles from St. George Island's award winning beaches, and the quaint shops, dining, and breweries that Eastpoint and Apalachicola have to offer. The Eastpoint fishing pier is also only a short walk away. 4 parcels being sold together. Current zoning and density regulations could allow for the addition of 3 homes on this property or for the property to be subdivided. The manager has listed the unit size as 2160 square feet.
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| May 11, 2024 | No longer available | - | |
| No longer available | |||
| Jan 8, 2024 | Listed by 98 REAL ESTATE GROUP, LLC | $2,600,000 | |
| Listed by 98 REAL ESTATE GROUP, LLC | |||
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Envision a developer's paradise on 4.35 acres with breathtaking, unobstructed views of Apalachicola Bay and St. George Island in the charming Eastpoint locale. Nestled on this expansive property is a contemporary 1600 sq foot rental home with $82k in GRI 2022, boasting 4 bedrooms and 2.5 baths, skillfully crafted in 2020. The offering includes a total of 5 parcels, providing the rare opportunity to subdivide and construct multiple structures. Surrounded by the serenity of a state wildlife preserve, this land promises absolute privacy and sets the stage for uninterrupted outdoor pursuits such as kayaking, fishing, and boating. The absence of density restrictions opens the door to limitless possibilities, making this property an ideal canvas for creating your dream coastal retreat or a visionary development project. Seize the opportunity to transform this canvas into an extraordinary masterpiece where the potential is as vast as the unspoiled vistas that embrace it. The manager has listed the unit size as 1599 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017