$3,500,000
Freeport, FL 32439
MLS# 779270
Status: Under Contract - Taking Backups

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Property Description
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS: Exceptional opportunity in the heart of Freeport! This expansive 71.93-acre parcel is just minutes from the major intersection of Hwy 331 and Hwy 20, offering quick access to shopping, schools, and regional employers in one of Northwest Florida's fastest-growing communities. The property is well-suited for residential development or estate homesites, surrounded by both established neighborhoods and new growth. Families will appreciate the proximity to Freeport Elementary, Middle, and High Schools, as well as convenient shopping and dining options including Publix, Ace Hardware, and local restaurants. Outdoor and recreational amenities abound—Windswept Dunes Golf Course is just down the road, while Choctawhatchee Bay and the Freeport Regional Sports Complex provide year-round activities. The renowned beaches of Scenic 30-A are less than 20 minutes away, placing world-class Gulf beaches, dining, and shopping within easy reach. Strategically located, the property is only 25 minutes to Niceville, 35 minutes to Destin-Fort Walton Beach Airport (VPS), approximately 20 minutes to Ascension Sacred Heart Medical Center in Miramar Beach, and about 45 minutes to Northwest Florida Beaches International Airport (ECP) in Panama City Beach. According to the City of Freeport Planning and Zoning maps, the property's Future Land Use is designated as Low Density Residential (LDR) and its current Zoning is Residential-1 (R1). For buyer convenience, copies of Freeport's Water Distribution System and Wastewater Collection System maps have been uploaded under the 'Photos' and 'Documents' sections of this listing. With its prime location, acreage, and the continued growth of Freeport, this property presents a rare and strategic opportunity for developers, builders, investors, or those seeking a large private tract near the coast. Thank you for considering this property!
Details
Maps
Contract Info
Status: Under Contract - Taking Backups
List Date: 2025-08-18
List Price: $3,500,000
Current Price: $3,500,000
List Price/Acre: 48658.42
Location
Street #: 000
Street Name: Old Eucheeanna
Street Suffix: Road
Area: 12 - Walton County
State: FL
Zip Code: 32439
County: Walton
Sub Area: 1210 - Walton - Freeport
Subdivision: Other
Community/Resort: None
Waterfront: No
Parcel ID: 10-1S-19-23000-027-0000
Elementary School: Freeport
Middle School: Freeport
High School: Freeport
Directions: From the intersection of State Highway 331 go west on State Highway 20 about one mile to Madison Street (CR-883), turn right onto Madison Street and go about 6/10 mile, turn sharp right onto Kylea Drive then turn left onto Highland Street, go about 1/10 mile on Highland Street. See MapQuest map in ''Photos'' for directions and aerial map for access points in ''Documents''.
Legal Description: Long legal description - please see survey in ''Documents''.
General Property Info
Sub-Type: Vacant Land
Lot Dimensions: Irregular
Acreage: 71.93
Lot Size (SqFt): 3133271
Status Change Info
Under Contract Date: 2025-10-14
Property Features
Financing: Cash
Lot Access: City Street; Dirt/Clay Road; Paved Road
Lot Features: Survey Available; Wooded
Sale Type: As Is
Utilities: None
Listing Office: ERA Neubauer Real Estate, Inc
Last Updated: October - 15 - 2025
Information deemed reliable but not guaranteed.