See Home Value
$539,900
● House - Off Market

57 Lake Lorraine Circle

Shalimar, FL 32579
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,083 Ft²
$3,085
Est. Monthly
4.37%
Cap Rate

About This Property

Private Mediterranean villa meets elevated luxury in this 5BR, 3BA home within Shalimar's highly sought-after Lake Lorraine Estates. The crown jewel: a backyard oasis complete with golf course views, Florida room, pool, hot tub, and large grass area-all to be enjoyed from the master suite's private balcony, a part of a brand new custom deck. Step inside to a window-to-wall recent renovation with vaulted ceilings, exposed wood beams, upgraded modern bathrooms, devoted laundry room / pantry, and custom chef's kitchen, plus fresh paint and upstairs carpet as of March 2025. Just 7 minutes from Eglin AFB, 18 minutes from Hurlburt Field, and 16 minutes from the Emerald Coast's white sandy beaches. NOTE: assumable 2.75% for military buyers! Contact listing agent for specifics!
Unit Size
2,083 Ft²
Days on Market
50 days
Land Size
0.26 acres
Price per sqft
$259
Property Type
House
Property Taxes
$434
HOA Dues
-
Year Built
1977

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Last updated: 2 months ago (ECAR #972981)

Price History

Date / Event Date Event Price
May 23, 2025 Sold
Sold
Apr 17, 2025 In contract -
In contract
Apr 3, 2025 Listed by EXP Realty LLC $539,900
Listed by EXP Realty LLC
May 20, 2021 Sold
Sold
Jan 13, 2017 Sold
Sold
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 4
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 440
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 98
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 11,232
  • Lot Size Frontage Feet: 900
  • Total Building Area: 3,211
  • Gross Building Area: 3,211
  • Building Area: 2,083
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,083
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE LORRAINE EST
  • Land Acres: 0000000258
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: LAKE LORRAINE EST 3RD LOT 29 BLK 1

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 021502

Geography

  • Assessors Map Reference: 19
  • Parcel: 04-2S-23-1435-0001-0290
  • Block: 1
  • Lot: 29
  • Meridian: SEC 04 TWN 02S RNG 23W
  • Municipality: OCEAN CITY/WRIGHT FIRE
  • Latitude: 30.4426
  • Longitude: -86.5538

    Address

  • Full Address: 57 Lake Lorraine Cir
  • Address - House Number: 57
  • Address - Street Name: Lake Lorraine
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Shalimar
  • Carrier Code: C002
  • 4-Digit Zip Code: 1617
  • Zip Code: 32579

Valuation

    Tax

  • Total Area: 2,505
  • Tax Year: 2023
  • Tax Amount: $512,510
  • Tax Rate Code Area: 012

    Appraisal Valuation

  • Standard Deviation: 0.1938
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 526,285
  • High Value: 628,282
  • Low Value: 424,287

    Market Valuation

  • Market Total Value: $413,976
  • Market Land Value: $119,140
  • Market Improvement Value: $294,836

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $413,976
  • Assessed Land Value: $119,140
  • Assessed Improvements Value: $294,836

    Sales

  • Current Sale Contract Date: May 18, 2021
  • Current Sale Recording Date: May 20, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3456857
  • Previous Sale Recording Date: Jan 13, 2017
  • Previous Sale Contract Date: Jan 11, 2017
  • Previous Sale Amount: $338,000
  • Previous Sale Document Type: 71
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 Shalimar Pointe


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Frequently Asked Questions

When was property at 57 Lake Lorraine Circle built and last sold?
The property at 57 Lake Lorraine Circle was built in 1977 and last sold on May 18, 2021 for $441,600.
How much is this home worth?
The estimated value of the home located at 57 Lake Lorraine Circle is $0.
What are some comparable homes to 57 Lake Lorraine Circle?
There are currently no comparable homes to 57 Lake Lorraine Circle.