ActiveSingle Family Residence$328/sq.ft

1491 W Highway 98, Mary Esther FL 32569

$980,000

4 bedrooms3 baths2,986 sq.ftMary Esther, FL 32569

About this property

Rare opportunities like this don't come along often. Situated on 115 feet of waterfront along the Santa Rosa Sound, this one-of-a-kind property offers the perfect blend of luxury waterfront living, investment potential, & unmatched flexibility. Wake up to breathtaking sunrises, unwind with spectacular sunsets, & spend your days enjoying your private dock with spacious sundeck—ideal for boating, fishing, paddleboarding, or simply taking in the view. Looking for a home that works for you? This property features a 1,200 sq. ft. private apartment above the garage with its own entrance, balcony, washer/dryer, HVAC, water heater, & security system, making it an incredible opportunity for rental income, multigenerational living, a guest retreat, or extended stays. Inside the main home, you'll find water views throughout, a charming bay-window breakfast nook, tile flooring throughout (no carpet), & extensive updates including a full remodel, newer roof, HVAC, plumbing, & appliances for added peace of mind. Need even more flexibility? The 400 sq. ft. office with a separate entrance offers endless possibilities as a home business, studio, private workspace, guest suite, or potential additional bedroom. Additional features include a concrete safe room, workshop, hurricane shutters, circular driveway, & abundant storage throughout the home & apartment. Whether you're searching for a waterfront retreat, investment property, income-producing home, vacation getaway, multigenerational residence, or a place to enjoy the Florida lifestyle while offsetting your mortgage, this exceptional property checks every box. Live on the water. Generate income. Create lasting memories. This isn't just a home—it's an opportunity.

Property details & specifications

Property TypeSingle Family Residence
StatusActive
CityMary Esther
Zip Code32569
CountyOkaloosa
Subdivision / NeighborhoodNone
Bedrooms4
Bathrooms3
Living Area2,986 sq.ft
Price / Sq.Ft$328/sq.ft
Year Built1981
Garage Spaces2
WaterfrontYes
CoolingMulti Units, Ceiling Fan(s)
HeatingMulti Units
RoofShingle
ConstructionFrame
Days on Market75
MLS #684123

Interior Features

Ceiling Fan(s), Attached Self Contained Living Area, Office/Study

Exterior Features

Lawn Pump, Dock

Appliances Included

Water Heater, Electric Water Heater, Built In Microwave, Dishwasher, Refrigerator, Self Cleaning Oven

Payment calculator

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Location & neighborhood

1491 W Highway 98, Mary Esther FL 32569

Caroline Jordan — Link Realty Gulf Coast

Listed / Presented by Link Realty Gulf Coast LLC

Caroline Jordan, Broker / Owner • 251-504-6642 • caroline@coastallinkproperties.com

Listing information is provided by Pensacola Association of Realtors MLS via Bridge Interactive and is deemed reliable but not guaranteed. Equal Housing Opportunity.