Features & Amenities

Interior

  • Other Interior Features

    Breakfast Bar, In-Law Floorplan

  • Total Bedrooms

    5

  • Bathrooms

    4

  • Cooling YN

    YES

  • Cooling

    Central Air, Ceiling Fan(s), Electric

  • Heating YN

    YES

  • Heating

    Central, Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Frame, Vinyl Siding

  • Other Exterior Features

    Dock

  • Parking

    Boat, Detached Carport

  • Patio and Porch Features

    Deck, Covered

  • Pool

    No

  • Waterfront YN

    YES

  • View

    Sound

Area & Lot

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Florida Cottage

Price

  • Sales Price

    $1,000,000

  • Tax Amount

    $6,536.61

  • Zoning

    Resid Single Family

  • Sq. Footage

    2,466

  • Price/SqFt

    $405

HOA

  • Association

    No

School District

  • Elementary School

    Florosa

  • Middle School

    Bruner

  • High School

    Fort Walton Beach

Property Features

  • New Construction

    NO

  • Foundation Details

    Slab

  • Sewer

    Public Sewer

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Location

County

Okaloosa

Elementary School

Florosa

Middle School

Bruner

High School

Fort Walton Beach

Listing Courtesy of Beth Beno , Keller Williams Realty Destin

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Nestled on the serene shores of Santa Rosa Sound, this exceptional waterfront property blends natural beauty with comfortable family living. Shaded by beautiful, mature trees, the home offers a peaceful sense of privacy while opening to stunning panoramic water views. A spacious deck spans the back of the house—perfect for outdoor dining, entertaining, or simply relaxing as the sun sets. The private boat dock invites endless days of fishing, cruising, or exploring the coastline. Inside, a large family room serves as the heart of the home, ideal for gatherings and making memories. The thoughtfully designed floor plan includes 5 bedrooms and 4 full baths, with a dedicated upstairs area where the kids can enjoy their own space. Completing the property is a charming 721 sq. ft. guest cottage. This is in addition to the 2466 main house square footage. Perfect for hosting friends and family. Bring your boat, personal watercraft, or paddle boards and dive into the ultimate waterfront lifestyle. The main home's roof was replaced in 2014, the guest cottage's roof was replaced in 2018.

1559 W Highway 98

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Welcome to 511 Fallin Water Drive, a stunning custom-built home nestled in the highly desirable Fallin Waters community of Mary Esther. Offering  almost 3000 square feet of thoughtfully designed living space, this 4-bedroom, 3-bath residence combines luxury, comfort, and energy efficiency just moments from the Santa Rosa Sound.
Wake up to beautiful water views from the spacious primary suite and enjoy your morning coffee from your private balcony overlooking the tranquil surroundings. The gourmet kitchen is a chef's dream, featuring granite countertops, a center island with gas cooktop and grill, double convection ovens, abundant cabinetry, and generous workspace for entertaining.
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Step outside to a screened porch overlooking a peaceful nature preserve, surrounded by mature landscaping, flowering plants, and lush gardens. An oversized two-car garage, ample storage, and numerous custom features throughout make this home truly one of a kind. Residents of Fallin Waters enjoy deeded beach access, a community dock, fishing, picnic areas, and easy access to Hurlburt Field, Eglin Air Force Base, shopping, dining, and the world-famous Emerald Coast beaches.
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MLS#: 1005876

**Waterfront living meets investment opportunity on the Santa Rosa Sound!** With **115 feet of waterfront**, a private dock with spacious sundeck, & a **separate 1,200 sqft. apartment above the garage**, this one-of-a-kind property offers the flexibility to enjoy the waterfront lifestyle while creating income potential. Whether you're searching for a primary residence, vacation home, multigenerational property, or a home with space for guests, this property delivers options that are hard to find.
The main home offers beautiful water views, a bay-window breakfast nook overlooking the Sound, tile flooring throughout, & extensive updates including a full renovation in 2005-2006, plus a new roof, HVAC, & updated plumbing in 2021, & new water heater 2026. The private apartment features its own entrance, balcony, washer and dryer, HVAC, water heater, & security system, making it ideal for extended family, guests, or rental opportunities.
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