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*SHORT SALE! Offering $500 EMD, Buyer Closing Cost Assistance, and Home Can Be Assumed!* A Waterfront Gem with Unlimited Potential! Welcome to serene lakefront living on gorgeous Lake Bagdad. This two-story home sits on approximately 1.2 private acres with over 200 feet of water frontage -- a rare find that combines natural beauty, spacious living, and incredible potential. Inside, you'll find 3 bedrooms and 3 full bathrooms spread across a flexible floor plan with two fully equipped living spaces perfect for family, guests, or exploring rental possibilities. With over 2,400 square feet, the home features a large great room with sweeping lake views and a kitchen with ample counter and cabinet space ready for your personal touch. The spacious 3-car carport is ideal for vehicles, a boat, or weekend toys. Recent updates give you a head start on modernizing: newer roof, updated windows, 3 out of 4 new exterior doors, refreshed A/C units and handlers, a newer water heater, and refreshed upstairs living areas all while leaving plenty of room to make the home your own. Step outside to enjoy the ultimate lake lifestyle. Relax on the expansive waterfront deck, launch your kayak, or fish off your private dock. With over an acre of mature lakefront land, there's room for gardens, pets, or simply soaking in the sun. Originally built in 1975, this home offers timeless charm, solid bones, and endless potential. Whether you're an investor, a visionary renovator, or a family dreaming of a private lakefront retreat, this is the opportunity you've been waiting for. Located in a quiet, private setting with no HOA restrictions, yet just a short drive to all Milton has to offer, this home is priced to allow you flexibility while building equity. This isn't just a property, it's a lifestyle, a project, and a dream all in one. Come see what's possible on Riley Road and get ready to fall in love with lakeside living!
| DAYS ON MARKET | 117 | LAST UPDATED | 9/28/2025 |
|---|---|---|---|
| TRACT | None | YEAR BUILT | 1975 |
| COMMUNITY | 10 - North Santa Rosa County | COUNTY | Santa Rosa |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| Elementary School | Bagdad |
|---|---|
| Jr. High School | R. Hobbs |
| High School | Milton |
| PRICE HISTORY | |
| Prior to Jul 14, '25 | $485,000 |
|---|---|
| Jul 14, '25 - Jul 21, '25 | $475,000 |
| Jul 21, '25 - Aug 26, '25 | $465,000 |
| Aug 26, '25 - Sep 28, '25 | $459,000 |
| Sep 28, '25 - Today | $419,900 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Microwave, Refrigerator |
| AREA | 10 - North Santa Rosa County |
| CONSTRUCTION | Frame, Vinyl Siding |
| EXTERIOR | Balcony |
| LOT | 1.2 acre(s) |
| LOT DIMENSIONS | 212 x 198 |
| PARKING | Attached |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Colonial |
| SUBDIVISION | None |
| VIEW | Yes |
| VIEW DESCRIPTION | Lake, Water |
| WATER | Public |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Lake |
| ZONING | Resid Single Family |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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© 2025 Emerald Coast Association of REALTORS®, Inc. (ECARMLS). All rights reserved. Vendor Member Number: 28306
All listings are provided courtesy of the Emerald Coast Association of Realtors
© 2025 Emerald Coast Association of REALTORS®, Inc. (ECARMLS). All rights reserved. Vendor Member Number: 28306
This IDX solution is (c) Diverse Solutions 2025.