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338 W Bayou Forest Drive

Freeport, FL 32439

3 beds
2 baths
2,633 sqft
$170 per sqft
1994 build
– on site

An Incredible Opportunity on Mallet Bayou! Tucked away on a peaceful cul-de-sac, this stunning .54-acre waterfront property boasts 50 feet of frontage on Mallet Bayou, offering deep water access and a true boater's paradise with easy entry to Choctawhatchee Bay. Whether you're an investor or a dreamer ready to build your custom home, this property is your blank canvas. Framed by native Florida trees and lush natural surroundings, the setting is both tranquil and inspiring. The previous home of 2,600 sq ft has been gutted and is ready for updating or a total rebuild. There is also a dock currently in place, but this will also need some updating. Easy Show!! The property is located in an AE Flood Zone.

Listing courtesy of ECARMLS / Century 21 AllPoints Realty

Last checked: Checking… • Last updated Apr 14, 2025 •

MLS# 973803 —

The Building

Year Built:

1994
Building Area Total:

2633.0
Building Area Source:

County PA Records
Architectural Style:

Florida Cottage
Basement:

None
Stories:

1
Levels:

None
Foundation Details:

None
Exterior Features:

Dock, Patio Enclosed
Patio And Porch Features:

None
Accessibility Features:

None
Security Features:

None
Direction Faces:

None

Interior

Rooms Total:

5
Flooring:

None
Fireplace:

No
Fireplaces Total:

None
Fireplace Features:

None
Laundry Features:

None

Room Dimensions

Living Area:

None
Living Area Units:

None
Living Area Source:

None

Location

Directions:

North of 331 Bridge before Freeport, take a left onto LaGrange Road. Take your next left on Mullet Dr, and another left on E Bayou Forest Dr. House is on a cul-de-sac.

The Property

Property Type:

Residential
Property Subtype:

Detached Single Family
Property Condition:

Under Construction
Property Attached:

None
Lot Features:

Cul-De-Sac, Level, Within 1/2 Mile to Water
Lot Size Dimensions:

.54
Lot Size Units:

Acres
Zoning:

Resid Single Family
Possible Use:

None
Parcel Number:

28-1S-19-23030-000-0111
Topography:

None
View:

Bayou, Bay
Waterfront:

true
Waterfront Features:

Bay, Bayou
Water Body Name:

None
Road Frontage Type:

County Road
Road Surface Type:

Paved

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

1081.36
Tax Legal Description:

(LOT 1 OF LOT 11): COM SW/COR OF SEC 27, RUN N 00 DEG 09'00'E ALONG SEC LINE 445FT, S 89 DEG 43'00'W 1243.71FT, S 06 DEG 31'49'W 418.56FT, S 13 DEG 07'50'W 307.76FT, S 19 DEG 48'18' W 340.85FT, S 18 DEG 27'57'W 98.80FT, N 71 DEG 32'03'W 292.33FT TO POB, S 23 DEG 57'24'E 64.80FT TO PT ON ROW LINE OF A CUL-DE-SAC & CURVE, RUN SWLY ALONG SAID ROW AND CURVE AN ARC DIST OF 24.31FT, DEPARTING SAID CURVE

Beds

Bedrooms Total:

3

Baths

Total Baths:

2.0
Total Baths:

2
Full Baths:

2
Partial Baths:

None
Three Quarter Baths:

None
Quarter Baths:

None

The Listing

Virtual Tour URL Branded:

None
Home Warranty:

No

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Electric, Private Well, Public Water, Septic Tank
Electric:

None
Sewer:

None

Schools

Elementary School:

Freeport
Elementary School District:

None
Middle Or Junior School:

Freeport
Middle Or Junior School District:

None
High School:

Freeport

The Community

Subdivision Name:

NO RECORDED SUBDIVISION
Community Features:

Pets Allowed, TV Cable
Association:

No
Association Amenities:

None
Association Fee:

None
Pool Private:

None
Spa Features:

None
Pets Allowed:

None
Senior Community:

No

Parking

Garage Spaces:

2.0
Attached Garage:

true
Carport:

false
Parking Features:

Garage

Monthly cost estimate

Asking price

$449,000

Expense	Monthly cost
Mortgage	$2,404
Taxes	$90
Insurance	$123
Utilities	$191 See report
Total	$2,808/mo.^*
	^*This is an estimate

Explore the Area

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Max Internet Speed

Cox

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Sale history

Date	Event	Source	Price	% Change
4/14/25 Apr 14, 2025	Listed / Active	ECARMLS	$449,000	16.6%
10/31/24 Oct 31, 2024		ECARMLS	$385,000
9/26/24 Sep 26, 2024		ECARMLS

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This house located in FL 32439 is currently for sale for $449,000. 338 W Bayou Forest Drive is a 2,633 square foot house with 3 beds and 2 baths that has been on Estately for 1 days. This house is in the attendance area of Freeport Middle School, Freeport High School, and Freeport Elementary School.

Listing Courtesy of: ECARMLS and Century 21 AllPoints Realty.

The information provided is exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.