Some properties are built. Others are discovered. Hidden beneath the sweeping canopy of century-old live oaks where sunlight filters through draping branches and water views peek through the trees, this extraordinary 1.34-acre waterfront estate offers an experience that feels increasingly impossible to find along the Emerald Coast.
Spanning nearly 6,000 square feet across three levels, this impressive brick residence combines scale, flexibility, and waterfront living in a way few properties can. Offering five bedrooms, four-and-a-half bathrooms, elevator access to all levels, hardwood flooring throughout, and private en-suites for every bedroom, this home was designed for buyers who need more than space--they need options.
The thoughtful floor plan creates exceptional opportunities for multigenerational living, large households, guest accommodations, or those seeking a property capable of adapting alongside changing needs. Whether housing multiple generations under one roof or creating separate spaces for long-term guests, the layout provides both connection and privacy.
At the center of the home, the gourmet kitchen opens into expansive gathering spaces designed for entertaining on every scale. Multiple screened porches create natural extensions of the living spaces, offering peaceful mornings beneath the oaks, sunset dinners overlooking the water, and spaces large enough to host celebrations, holidays, and unforgettable gatherings.
The second level creates one of the home's most remarkable living spaces with walls of windows stretching across the home, flooding interiors with natural light while showcasing stunning basin bayou views that shift beautifully throughout the day.
Storage, recreation, and flexibility were clearly part of the vision behind this property. The third floor is finished and a blank cavas that could be used for 2000 sqft of storage or creative options that fit your vision. Two oversized drive-through bay garages create extraordinary opportunities for RV storage, boats, workshops, recreational vehicles, watercraft, or collections that require more than traditional garage space can offer.
Outside, the possibilities expand even further.
Launch a kayak or paddleboard directly from your property and explore the waterways leading toward the bay. Spend the day fishing in the lake or head toward the bay by way of the low bridge near the locals' favorite, Nick's Seafood Restaurant. Bring the boat, the RV, the jet skis, and all the water toys because this property offers one luxury that has become increasingly rare--freedom.
No HOA. No restrictive covenants.
Located along Highway 20 with convenient access to Destin, marinas, dining, shopping, and the white sand beaches of the Emerald Coast, this property offers the rare combination of waterfront privacy while remaining connected to everything that makes coastal living desirable.
Luxury homes exist, Waterfront homes exist, Large homes exist. However, properties that combine all three with acreage, unrestricted use, multigenerational functionality, income potential, and a setting this remarkable are extraordinarily uncommon. There is simply not another property like this. Waterfront living without compromise. Unlimited potential with room to create whatever comes next. Call for your private tour today.

Investors what an opportunity ...Frontage on US HWY 331 with public water and sewer available in Freeport, one of the fastest growing areas in Florida. Current Rural Village zoning allows for many commercial business ventures including: Professional offices, restaurants, retail stores, medical offices, lodging, and several more options we can share with you. General Commercial zoning is an option if you choose to pursue it. This property includes three full lots with a 3 bedroom/2 Bathroom 2207 square foot brick home.(Potential Office Space) The interior offers a spacious kitchen, large flex space, tastefully updated bathrooms, tile and laminate flooring, and an amazing wood burning fireplace with an exterior load option. There is currently a 300 foot well and septic tank in place. Additionally, outside there is a covered patio, RV hanger, and greenhouse. The home also has a metal roof (20 years old), a tankless water heater (5 years old), and an HVAC (6 years old). The options for this property with its location in Freeport, and proximity to the bay make this a rare find! The city needs many businesses to support its incredible growth!

As of 10/1/23, within the city limits of Freeport we have approx. 4,260 households (x 3 pph*) = 12,780; Residents just outside the city limits/within Freeport Service area; 4953 Households (x 3 pph*) = 14,859. All combined has the Total Freeport Community Population at 27,639. Notes from City of Freeport BIA meeting...*FDEP (person per household) multiplier: 3

We are not done yet!! There is much more to come... As of 10/1/23, there are 5,870 Single Family Residential Units approved*, 1,764 Multi-Family Residential Units approved*. This does not include the Master Planned Development units/square footage which has not yet been submitted for review.

Approved development orders issues for 2024 include the following:
-Custom Portable Buildings of the Panhandle
-Old Miami Residences - 6 Townhome Units
-Express Oil Change (5,673 sqft facility)
-Chelco (28,638 sqft Operations & Service Center Facility & 1000 sqft Storage building)
-Hwy 331 Retail Center (18,030 sqft retail, 7,727 sqft restaurant, 1,228 sqft outdoor seating, 2,155 sqft future drive-thru restaurant)
-Bay-Kissed Holiday Interest - Vending permit for tree sales
-Freeport Community Center (4,000 sqft)
-Genoa Landing Phase I (68 Townhomes Units)
-The Waters at Freeport Multi-Family Development (226 apts, 8,389 sqft of Clubhouse, 1,957 sqft pool, 1,200 sqft maintenance bldg)
-Freeport of Florida POP (350 sqft Presence Facility for Uniti Fiber)

2024 Subdivision Record Plats:
Single Family Owls Head Farms Phase 1-A (42 SF units)
Single Family Owls Head Farms Phase 1-B (148 SF units)

Turning Go Big or Go Home into an address Is what 49 Harmony Way does. This is the kind of home that stops you mid-scroll- bold in size, this 3,750-square-foot residence delivers a combination of polished design, functional space, and outdoor living that includes a new saltwater pool-all within one of Hammock Bay's most intimate and charming neighborhoods. Harmony way is a quaint 19-home cul-de-sac where every home backs to the nature preserve, offering a level of privacy and breathing room that is becoming increasingly hard to find. Sitting on .36 acres with an oversized courtyard driveway and side-load garage, the curb appeal immediately sets the tone: substantial, elevated, and anything but cookie-cutter.
Inside, the layout simply works. The open-concept design creates natural flow between the main living spaces while still offering the flexibility that today's families want. Dedicated office? Check. Formal dining room? Absolutely. Bonus craft room? Yes. Massive 26x13 fifth bedroom that could become the ultimate media room, game room, teen retreat, or second living area? You got it. The finish selections strike a balance between timeless and current with luxury vinyl plank flooring, granite countertops throughout, crown molding accents, generous storage, and spacious rooms.
Then there's the backyard -The in ground saltwater pool, covered lanai, privacy fencing, preserve views, and additional storage shed create an outdoor setup designed for everything from laid-back evenings to full-scale entertaining. This isn't just a backyard... it's your own private escape.
And life in Hammock Bay? That's an entirely different level of living. More than a neighborhood, it's a full lifestyle experience designed around connection, and convenience. Residents enjoy:
-Three beautifully designed clubhouses, including multiple zero-entry resort-style pools
-State-of-the-art fitness center
-Tennis, basketball, and pickleball courts
-Miles of walking and jogging trails woven throughout the community
-Community General Store, green event spaces, playgrounds, and dog parks
-Dock overlooking the bay
-Community events and seasonal markets that actually make neighbors feel like neighbors!
Just minutes from the white-sand beaches of 30A, South Walton dining, boating, and shopping, 49 Harmony Way delivers the space families want, and the lifestyle everyone's chasing. Big on personality. Big on functionality. Big on Memories made! Call for a private tour today.

Development opportunities with this combination of acreage, zoning, frontage, and location are becoming increasingly difficult to find in the rapidly expanding City of Freeport. Positioned directly in front of the new Bourbon Street Townhouse Development Project, this 2.06-acre High Density Residential (R-3) property presents an exceptional opportunity for investors, builders, developers, and entrepreneurs seeking to capitalize on one of the area's fastest growing corridors.
Featuring approximately 302 feet of paved frontage along Business 331, this property offers both visibility and accessibility while providing substantial future development potential. Zoned High Density Residential (R-3), allowable density provides for up to eight single-family dwelling units per acre or up to fourteen duplex, triplex, quadruplex, or townhouse dwelling units per acre, creating multiple paths for future development and income-producing opportunities.
Currently situated on the property is an approximately 1,884 square foot residence offering 3 bedrooms, 2 bathrooms, existing utilities, spacious living areas, abundant natural light, and functional space that allows immediate occupancy, rental income potential, office space, or interim use while development plans take shape. The property additionally features a detached building with substantial storage area, garage space, and carport coverage while the unrestricted acreage allows flexibility rarely found within city limits. Park boats, RVs, equipment, work vehicles, or construct additional improvements without HOA restrictions.

Strategically located within Freeport city limits and less than two miles from all three Freeport schools, this central location provides convenient access throughout Walton County while remaining approximately 12 miles from the Emerald Coast beaches. Destin, Niceville, DeFuniak Springs, shopping, dining, boating, charter fishing, Crab Island, and entertainment destinations remain within easy reach.

Property highlights include:
*2.06 acres within Freeport city limits
*Approximately 302 feet of paved frontage on Business 331
*Zoned High Density Residential (R-3)
*Existing utilities already in place
*Flood Zone X
*No wetlands per Walton County GIS mapping
*Detached storage building, garage, and carport
*No HOA restrictions
*Directly adjacent to an active area of residential growth and development

Whether your objective is redevelopment, residential density opportunities, income-producing investment, land banking, business use, or long-term appreciation potential, this property offers flexibility and scale rarely available within the growing Freeport market.

Buyer to verify all information deemed important including zoning, density allowances, land use, dimensions, utilities, development potential, and future use possibilities.

Extraordinary Views!!!
A Waterfront Dream on Choctawhatchee Bay

As the morning sun rises over Choctawhatchee Bay, golden light dances across the water, painting the sky in shades of pink and orange. The soft sounds of waves gently lapping against the shore create a peaceful rhythm—this is the kind of serenity that awaits you every single day.

Nestled along 147 feet (approx.) of pristine waterfront, this rare, cleared, and level lot is a true hidden gem. A quaint 2-bedroom, 1-bath cabin sits on the property, waiting for the right vision to bring it back to life. Whether you dream of restoring its charm or building something entirely new, the opportunity to create your own bayfront sanctuary is here.

Step outside, and the possibilities are endless. The seawall and dock pilings are already in place, inviting you to rebuild a dock designed for memorable days on the water. Imagine launching your boat just steps from your door, setting out for a morning of fishing where Speckled Trout, Redfish, and Flounder await. In the afternoon, take a paddleboard or kayak across the bay, letting the salty breeze guide you toward adventure.

And when the day winds down, there's no better way to end it than with a front-row seat to the most breathtaking sunsets. Pour a glass of wine, settle in on the porch, and watch as the sky turns brilliant shades of crimson and gold, reflecting off the water in a mesmerizing display.

Just 200 feet away, Grady Brown Park offers even more to love about this location. With a sandy beach, a large boat ramp, a handicap-accessible kayak launch, picnic areas, and open green space, it's like having a private retreat right next door.

But the magic of this property extends beyond its beauty - it's also incredibly convenient. Located in a peaceful, welcoming community, you're just a short boat ride from North Beach Social and The Bay Restaurant, perfect for a waterfront dinner with friends. Freeport is minutes away, offering shopping and essentials, while the stunning beaches of 30A are only 15-20 minutes from your doorstep. And with quick access to Interstate 10 and the VPS & ECP airports, travel is effortless.

This is more than just a piece of land. It's a lifestyle, a retreat, a dream waiting to be realized. Whether you're looking for a weekend getaway, a permanent waterfront home, or an investment in a slice of paradise, this property offers everything you could want.
Why wait? The sunrises are calling, the bay breeze is whispering, and the chance to live your dream is right here. Come see it for yourself--your waterfront story begins today!