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Harrison Lilly Team

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

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5557 Bay Meadows Dr , Milton, FL 32583
$495,000
Est. Payment: $2,734.80/mo
4 Bed
2 Bath
2192 Sqft
2.06 Acres
Status: Contingent | Days on site: 340
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Harrison Lilly Team
Owner/Operator

House Description

2 ACRES!! Great price and opportunity to own a beautiful one-story 4 bed 2 bath home with a split floor plan sitting on over 2 acres of land. This lot provides ample space for storing your boat and RV. The rear of the 2-acre property connects to Garcon Shores Drive, potentially offering an opportunity to build another home. There is also room for accessory buildings. This beautiful home features a roof replaced in 2020, a side-entry garage, an alarm system, and a sprinkler system. The septic system has been recently inspected and pumped. The home is located in a subdivision with a long entrance, creating a private community feel, nestled among million-dollar waterfront homes. Enter this wonderful floor plan through a grand entrance with a formal dining area on your right. The home includes a large family room with a beautiful wood-burning fireplace, perfect for chilly evenings, and a spacious kitchen ideal for entertaining or gatherings. The large owner's bedroom is situated off the kitchen, while the other rooms are located down a hall off the living room on the opposite side of the home. Located less than 5 min to 1-10 and less than 30 minutes to Pensacola's award winning downtown! Make your appointment to view this home today!

Highlights

Listed by Rachael Whibbs , Levin Rinke Realty , 850-916-5050. Pensacola Association of REALTORS®, Inc.

Property Type

Residential

Lot/Acreage
2.06

Year Built

1996

County

Santa Rosa

Neighborhood

Bay Meadows

Listing ID

673176

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Electric Water Heater, Dryer, Washer, Built In Microwave, Dishwasher, Disposal, Refrigerator
Air Cond:Central Air,Ceiling Fan(s)
Fireplaces:
Floor:Hardwood,Tile,Carpet
Other:
  • ▪ Additional:Storage, Baseboards, High Speed Internet, Plant Ledges, Recessed Lighting, Master on Main

Exterior Features

Lot:Interior Lot
Lot Dimensions:220x408
Garage Capacity:2
Zoning:Res Single
Roof:Shingle
Others:
  • ▪ Additional:Sprinkler, Rain Gutters, Resale
Sewer:Septic Tank
Parking Features:2 Car Garage
Principal Interest
$2,735
Taxes
$316

Home Price

$495,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$99,000
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:
$2,734.80

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,734.80 $315.56 $0.00 $3,050.37
Yearly $32,817.64 $3,786.75 $0.00 $36,604.39
Total $984,529.33 $113,602.50 $0.00 $1,098,131.83

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Milton, 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 Pensacola Association of REALTORS®, Inc., and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T07:04:08.000Z

© 2026 Pensacola Association of REALTORS®, Inc.