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Harrison Lilly

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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1491 W Highway 98 , Mary Esther, FL 32569
$980,000
Est. Payment: $4,970.38/mo
4 Bed
3 Bath
2986 Sqft
Status: active | Days on site: 207
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

**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. A 400 sq. ft. office with a separate entrance provides additional flexibility for a home business, studio, or potential guest suite. Additional features include a concrete safe room, workshop, hurricane shutters, circular driveway, & storage throughout. From boating, fishing, & paddleboarding off your private dock to enjoying spectacular sunrises & sunsets over the Santa Rosa Sound, this is more than a waterfront home--it's a rare opportunity to own a property that offers lifestyle, flexibility, & long-term value. 1.4 miles to Hurlburt Field.

Highlights

Listed by Michelle A Whitaker , 850-855-8551 ERA American Real Estate , 850-651-2454. Emerald Coast Multiple Listing Services

Property Type

Residential

Lot/Acreage
0.44

Year Built

1981

County

Okaloosa

Area

12 - Fort Walton Beach

Neighborhood

Metes & Bounds

Listing ID

992670

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:3
  • Full Bathrooms:3
Appliances:Dishwasher, Microwave, Range Hood, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Water Heater - Elect
Air Cond:Ceiling Fans
Fireplaces:
Floor:Floor Tile
Other:
  • Additional:Ceiling Vaulted, Fireplace, Guest Quarters, Lighting Recessed, Pantry, Split Bedroom, Washer/Dryer Hookup

Exterior Features

Lot:Bulkhead/Seawall,Flood Insurance Req,Intracoastal Wtrwy,Sound
Lot Dimensions:114.7 x 192.76 x 123 x 149.55
Zoning:Resid Single Family
Others:
  • Additional:Dock, Hurricane Shutters, Lawn Pump, Sprinkler System, Patio Covered
Sewer:Public Sewer
Parking Features:Oversized
Principal Interest
$4,970
Taxes
$327

Home Price

$980,000

Loan Details

30 yrs
6.529%

Down Payment

20%
$196,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,970.38

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,970.38 $326.67 $0.00 $5,297.04
Yearly $59,644.50 $3,920.02 $0.00 $63,564.52
Total $1,789,335.03 $117,600.60 $0.00 $1,906,935.63

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Mary Esther, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Emerald Coast Multiple Listing Services, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-20T07:16:22.000Z

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