A rare opportunity to create a private waterfront estate in Freeport, featuring an incredible 282 feet of frontage along Mallet Bayou and 2.43 acres spanning three lots. The home sits on two parcels, with a third vacant lot offering the flexibility to build, sell, or preserve for ultimate privacy. This estate is a true blank slate ready for transformation, with sheetrock in place, new windows and doors installed, and a freshly painted exterior already completed. Envision resort-style living with a pool, hot tub, sauna, multiple refinished fireplaces, and a spacious 4-car garage. With major improvements already underway, this is your chance to design a one-of-a-kind waterfront retreat and bring your dream vision to life.
Pending
$1,700,000
680 Mallet Bayou Rd, Freeport, FL 32439
6beds
7,870sqft
Est.: Get pre-qualified
Single Family Residence
Built in 1989
2.43 Acres Lot
$-- Zestimate®
$216/sqft
$-- HOA
What's special
Multiple refinished fireplacesFreshly painted exterior
- 41 days |
- 587 |
- 29 |
Zillow last checked:
Listing updated:
Listed by:
The Jennings Team 850-737-3743,
By the Water Realty
Source: ECAOR,MLS#: 1001454
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 8
- Full bathrooms: 8
Primary bedroom
- Level: Second
- Area: 640 Square Feet
- Dimensions: 32 x 20
Bedroom
- Level: First
- Area: 378 Square Feet
- Dimensions: 21 x 18
Bedroom
- Level: First
- Area: 220 Square Feet
- Dimensions: 20 x 11
Bedroom
- Level: Second
- Area: 180 Square Feet
- Dimensions: 18 x 10
Bedroom
- Level: Second
- Area: 324 Square Feet
- Dimensions: 18 x 18
Bedroom
- Level: Second
- Area: 192 Square Feet
- Dimensions: 16 x 12
Primary bathroom
- Level: Second
- Area: 441 Square Feet
- Dimensions: 21 x 21
Bathroom
- Level: First
- Area: 54 Square Feet
- Dimensions: 9 x 6
Bathroom
- Level: Second
- Area: 72 Square Feet
- Dimensions: 9 x 8
Bathroom
- Level: Second
- Area: 77 Square Feet
- Dimensions: 7 x 11
Bathroom
- Level: Second
- Area: 80 Square Feet
- Dimensions: 8 x 10
Breakfast room
- Level: First
- Area: 192 Square Feet
- Dimensions: 12 x 16
Dining area
- Level: First
- Area: 240 Square Feet
- Dimensions: 20 x 12
Family room
- Level: First
- Area: 450 Square Feet
- Dimensions: 25 x 18
Family room
- Level: First
- Area: 660 Square Feet
- Dimensions: 20 x 33
Foyer
- Level: First
- Area: 130 Square Feet
- Dimensions: 10 x 13
Garage
- Level: First
- Area: 1368 Square Feet
- Dimensions: 24 x 57
Kitchen
- Level: First
- Area: 280 Square Feet
- Dimensions: 20 x 14
Laundry
- Level: Second
- Area: 96 Square Feet
- Dimensions: 12 x 8
Other
- Level: Second
- Area: 252 Square Feet
- Dimensions: 21 x 12
Heating
- Natural Gas
Appliances
- Laundry: Washer/Dryer Hookup
Features
- Newly Painted
- Has fireplace: Yes
- Fireplace features: Gas, Fireplace 2+
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 7,870
- Total interior livable area: 7,870 sqft
Property
Parking
- Total spaces: 4
- Parking features: Oversized
- Attached garage spaces: 4
Features
- Stories: 2
- Patio & porch: Porch
- Exterior features: Sauna/Steam
- Pool features: In Ground
- Has spa: Yes
- Spa features: Heated
- Has view: Yes
- View description: Bayou
- Has water view: Yes
- Water view: Bayou
- Waterfront features: Bayou
Lot
- Size: 2.43 Acres
- Dimensions: 282 x 376
- Features: Level, Survey Available, Within 1/2 Mile to Water
Details
- Parcel number: 341S19231000000031
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Frame, Brick
- Foundation: Slab
- Roof: Composition
Condition
- Construction Complete,Needs Work
- New construction: No
- Year built: 1989
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: NO RECORDED SUBDIVISION
Location
- Region: Freeport
Financial & listing details
- Price per square foot: $216/sqft
- Tax assessed value: $1,592,604
- Annual tax amount: $13,369
- Date on market: 4/24/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$5,502/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/14/2026 | Pending sale | $1,700,000$216/sqft |
Source: | ||
| 4/24/2026 | Listed for sale | $1,700,000-15%$216/sqft |
Source: | ||
| 12/5/2025 | Listing removed | $1,999,000$254/sqft |
Source: | ||
| 9/30/2025 | Price change | $1,999,000-4.8%$254/sqft |
Source: | ||
| 7/9/2025 | Price change | $2,100,000-2.3%$267/sqft |
Source: | ||
| 5/10/2025 | Price change | $2,150,000-4.4%$273/sqft |
Source: | ||
| 3/27/2025 | Listed for sale | $2,250,000+72.1%$286/sqft |
Source: | ||
| 10/21/2022 | Sold | $1,307,500+147.2%$166/sqft |
Source: Public Record Report a problem | ||
| 6/15/2011 | Listing removed | $529,000$67/sqft |
Source: Coldwell Banker United, Realtors #532201 Report a problem | ||
| 11/17/2010 | Price change | $529,000-22.2%$67/sqft |
Source: Pelican Real Estate #532201 Report a problem | ||
| 7/29/2010 | Listed for sale | $680,000+3.8%$86/sqft |
Source: Lakehouse.com Report a problem | ||
| 5/24/2010 | Sold | $655,000+23.8%$83/sqft |
Source: Public Record Report a problem | ||
| 5/24/2010 | Price change | $529,000-22.2%$67/sqft |
Source: Pelican Real Estate #532201 Report a problem | ||
| 4/10/2010 | Price change | $680,000+28.5%$86/sqft |
Source: Pelican Real Estate #532201 Report a problem | ||
| 2/20/2010 | Listed for sale | $529,000$67/sqft |
Source: PELICAN REAL ESTATE #532201 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $13,300 -0.4% | $1,592,604 -0.8% |
| 2023 | $13,358 | $1,605,990 +21.3% |
| 2022 | -- | $1,324,186 +74.5% |
| 2021 | $6,531 -1.8% | $758,713 +1.4% |
| 2020 | $6,649 +3% | $748,238 +2.3% |
| 2019 | $6,457 | $731,415 +1.9% |
| 2018 | $6,457 +1.5% | $717,777 +2.1% |
| 2017 | $6,360 +1.8% | $703,014 +2.1% |
| 2016 | $6,249 +1.1% | $688,554 +0.7% |
| 2015 | $6,179 -1% | $683,768 -0.7% |
| 2014 | $6,238 | $688,846 +6% |
| 2013 | -- | $650,049 +1.7% |
| 2012 | -- | $639,183 -2.8% |
| 2011 | -- | $657,370 +32.4% |
| 2010 | -- | $496,615 +2.7% |
| 2009 | -- | $483,559 +0.1% |
| 2008 | -- | $483,076 +3% |
| 2007 | -- | $469,006 +5.6% |
| 2005 | -- | $444,241 +3.5% |
| 2004 | -- | $429,359 +23.5% |
| 2003 | -- | $347,555 +2.4% |
| 2002 | -- | $339,409 +1.6% |
| 2001 | -- | $334,064 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 32439
Nearby schools
GreatSchools rating
- 6/10Freeport Elementary SchoolGrades: K-4Distance: 2.6 mi
- 7/10Freeport Middle SchoolGrades: 5-8Distance: 2.6 mi
- 8/10Freeport Senior High SchoolGrades: 9-12Distance: 7.5 mi
Schools provided by the listing agent
- Elementary: Freeport
- Middle: Freeport
- High: Freeport
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Florida
- Walton County
- Freeport
- 32439
- 680 Mallet Bayou Rd






