Features & Amenities

Interior

  • Other Interior Features

    Vaulted Ceiling(s), In-Law Floorplan, Recessed Lighting, Pantry

  • Total Bedrooms

    4

  • Bathrooms

    3

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s)

  • Fireplace YN

    YES

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Construction Materials

    Concrete, Vinyl Siding

  • Other Exterior Features

    Dock

  • Parking

    Oversized, Attached, Garage

  • Patio and Porch Features

    Patio, Covered

  • Pool

    No

  • Waterfront YN

    YES

  • View

    Sound

Area & Lot

  • Lot Features

    Waterfront

  • Lot Size(acres)

    0.44

  • Lot Size(square feet)

    19,166

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Traditional

Price

  • Sales Price

    $985,000

  • Tax Amount

    $3,920.02

  • Zoning

    Resid Single Family

  • Sq. Footage

    2,986

  • Price/SqFt

    $329

HOA

  • Association

    No

School District

  • Elementary School

    Florosa

  • Middle School

    Bruner

  • High School

    Fort Walton Beach

Property Features

  • New Construction

    NO

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Okaloosa

Elementary School

Florosa

Middle School

Bruner

High School

Fort Walton Beach

Listing Courtesy of Michelle A Whitaker , ERA American Real Estate

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Agent Eugene Pontecorvus

Principal Broker

Eugene Pontecorvus

Call Eugene today to schedule a private showing.


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What if your waterfront home could help pay for itself? This rare opportunity offers 115 feet of shoreline, sweeping water views, & a versatile layout designed for both lifestyle & income potential. Whether you're searching for a primary residence, second home, or investment property, this one delivers. A newly built sundeck (2021) creates the perfect setting for boating, fishing, or sunset evenings on the water. Inside, the main home features tile flooring throughout, a bay-window breakfast nook w/ water views, full renovation in 2005-06 & extensive updates including roof, HVAC, and plumbing in 2021. The standout feature? A private 1,200 sq ft 1-bedroom apartment over the garage w/ its own entrance, balcony, HVAC, water heater, washer/dryer & security system--ideal for long-term tenants, short-term rental income, or extended family. Additional highlights include a 400 sqft office w/ separate entrance (perfect for a home business or guest suite), concrete safe room, workshop, circular driveway, newer appliances (5 yrs or newer), & abundant storage throughout. Live on the water, generate income, & maximize flexibility--all in one unique property.

1491 W Highway 98

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Related Properties

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.
Designed with both style and functionality in mind, this home boasts a geothermal heating and cooling system, centralized wiring for modern technology needs, a gas fireplace, built-in entertainment center, hardwood and tile flooring, and a versatile fourth bedroom that can easily serve as a home office. The luxurious primary bath offers a whirlpool tub, separate shower, double vanities, and expansive walk-in closets.
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.
Experience the perfect blend of coastal living, modern convenience, and timeless elegance at 511 Fallin Water Drive.
#1005876

Mary Esther

511 Fallin Water Drive

4 Beds

3 Baths

2,969 Sq.Ft.

$850,000

MLS#: 1005876

 - property

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