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Walton 32439
2894 Bay Grove Road
$550,000
● House - In Contract

2894 Bay Grove Road

Freeport, FL 32439
bedrooms
2 Beds
bathrooms
1 Bath
square feet
704 Ft²
$2,737
Est. Monthly
2.12%
Cap Rate

About This Property

Extraordinary Views!!!

A Waterfront Dream on Choctawhatchee Bay

As the morning sun rises over Choctawhatchee Bay, golden light dances across the water, painting the sky in shades of pink and orange. The soft sounds of waves gently lapping against the shore create a peaceful rhythm-this is the kind of serenity that awaits you every single day.

Nestled along 147 feet (approx.) of pristine waterfront, this rare, cleared, and level lot is a true hidden gem. A quaint 2-bedroom, 1-bath cabin sits on the property, waiting for the right vision to bring it back to life. Whether you dream of restoring its charm or building something entirely new, the opportunity to create your own bayfront sanctuary is here.

Step outside, and the possibilities are endless. The seawall and dock pilings are already in place, inviting you to rebuild a dock designed for memorable days on the water. Imagine launching your boat just steps from your door, setting out for a morning of fishing where Speckled Trout, Redfish, and Flounder await. In the afternoon, take a paddleboard or kayak across the bay, letting the salty breeze guide you toward adventure.

And when the day winds down, there's no better way to end it than with a front-row seat to the most breathtaking sunsets. Pour a glass of wine, settle in on the porch, and watch as the sky turns brilliant shades of crimson and gold, reflecting off the water in a mesmerizing display.

Just 200 feet away, Grady Brown Park offers even more to love about this location. With a sandy beach, a large boat ramp, a handicap-accessible kayak launch, picnic areas, and open green space, it's like having a private retreat right next door.

But the magic of this property extends beyond its beauty - it's also incredibly convenient. Located in a peaceful, welcoming community, you're just a short boat ride from North Beach Social and The Bay Restaurant, perfect for a waterfront dinner with friends. Freeport is minutes away, offering shopping and essentials, while the stunning beaches of 30A are only 15-20 minutes from your doorstep. And with quick access to Interstate 10 and the VPS & ECP airports, travel is effortless.

This is more than just a piece of land. It's a lifestyle, a retreat, a dream waiting to be realized. Whether you're looking for a weekend getaway, a permanent waterfront home, or an investment in a slice of paradise, this property offers everything you could want.

Why wait? The sunrises are calling, the bay breeze is whispering, and the chance to live your dream is right here. Come see it for yourself--your waterfront story begins today!
Unit Size
704 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$781
Property Type
House
Property Taxes
$36
HOA Dues
-
Year Built
1950

Listed By

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Last updated: 25 days ago (ECAR #972538)

Price History

Date / Event Date Event Price
Sep 12, 2026 In contract -
In contract
Aug 1, 2026 Price Decreased $550,000
↓ $35K (6%)
Price Decreased
May 26, 2026 Price Decreased $585,000
↓ $34K (5.5%)
Price Decreased
Jan 9, 2026 Relisted $619,000
Relisted
Jan 5, 2026 In contract -
In contract
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Property Highlights

Air Conditioning
With View
Interior Details
Full Bathrooms: 1
Appliances: Refrigerator, Water Heater, Stove/Oven Gas
Flooring Type: Floor WW Carpet
Rooms: 4
Exterior Details
Square Footage: 704
Property Condition: Needs Work, Construction Complete
Architectural Style: Florida Cottage
Year Built: 1950
Waterfront Features: Bay Access
Building Area Total: 704
Other Structures: Workshop
Construction Materials: Frame, Siding Wood, Trim Wood
Patio and Porch Features: Screened
Lot Features: Cleared, Level, See Remarks, Bulkhead/Seawall, Flood Insurance Req, Interior, Within 1/2 Mile to Water
Lot Size Area: 0.18
Lot Size Units: Acres
Lot Size Acres: 0.18
Lot Size Square Feet: 7840.8
Lot Size Dimensions: 133' x 14' 151' x 15' x 193' approx.
Water Source: Public
Financial Details
Tax Annual Amount: $429
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1958
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 15
  • Interior Walls Type: 20
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 89
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,797
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 520
  • Total Building Area: 704
  • Gross Building Area: 848
  • Building Area: 704
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 704
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BAY GROVE
  • Land Acres: 0000000179
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 39 BLK 1 BAY GROVE S/D OR PB 2-48 OR 89-322 OR 119-386

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950502

Zoning

  • Zoning: BAYN

Geography

  • Assessors Map Reference: S2-04-19
  • Parcel: 04-2S-19-24010-001-0390
  • Block: 1
  • Lot: 39
  • Meridian: SEC 04 TWN 02S RNG 019
  • Municipality: COUNTY
  • Latitude: 30.4337
  • Longitude: -86.1558

    Address

  • Full Address: 2894 Bay Grove Rd
  • Address - House Number: 2894
  • Address - Street Name: Bay Grove
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Freeport
  • Carrier Code: R002
  • 4-Digit Zip Code: 4821
  • Zip Code: 32439

Valuation

    Tax

  • Total Area: 837
  • Tax Year: 2022
  • Tax Amount: $46,189
  • Tax Rate Code Area: 005

    Appraisal Valuation

  • Standard Deviation: 0.1876
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 75
  • Final Value: 415,369
  • High Value: 493,331
  • Low Value: 337,407

    Market Valuation

  • Market Total Value: $266,462
  • Market Land Value: $245,310
  • Market Improvement Value: $21,152

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $104,265

    Exemptions

  • Senior Citizen Exemption : Yes
  • Widow Exemption: Yes
  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Walton


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Frequently Asked Questions

When was property at 2894 Bay Grove Road built and last sold?
The property at 2894 Bay Grove Road was built in 1950 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2894 Bay Grove Road is $544,807.
What are some comparable homes to 2894 Bay Grove Road?
There are currently no comparable homes to 2894 Bay Grove Road.