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500 Meadow Lake Dr, Freeport, FL, 32439

4beds
3baths
2,283sqft
$574,900
$252price/sqft
$3,930/moest. monthly cost
$157,200/yrincome needed

About This Home

Welcome to the exclusive Meadows neighbourhood in Hammock Bay. Ready Wise -custom build home, packed with great upgrades features 4 bedrooms, 2.5 baths . The backyard landscaping is beautifully designed to be enjoyed from inside of the home, creating a seamless indoor-outdoor connection. The open gourmet kitchen features stainless steel appliances, an industrial refrigerator and freezer, large island, wood cabinets and Alaskian-white granite counter tops. Master bath features large walk in shower and towel warmers. Laminate floors throughout the living areas and tiled floors in the bathrooms and wet areas. Yards are sodded with sprinkler system. Crown molding, and cased windows. 9' ceilings and 8' doors. Many other features include: a screed back porc 24kw gas generator, granite countertops, porcelain sinking, in wall vacuum system throughout the home, epoxyed garage floor, garage cabinets, garage door status, Air exchanger, Kitchen osmosis water treatment, ADT security system, whole house water shut down, sink in the Landry room, outside garden cabinets and lights and more. Hammock Bay is a resort style community with resort style amenities from lap pools, tennis courts, pickleball courts, play ground, basketball courts, walking trails and much more. Also, never miss a sunset again on your kayak off the community docks. Be close to all the action of Freeport, grocery stores, new development, and within 35 minutes to some of the World's most beautiful beaches. Call today and make this home yours!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

7/10
Freeport Middle SchoolGrades 5-82.5 mi
8/10
6/10

Construction

Condition

  • Property condition: Construction Complete
  • Year built: 2020

Materials

  • Construction materials: Frame,Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Craftsman
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Disposal,Freezer,Refrigerator,Gas Water Heater,Tankless Water Heater

Bedroom

  • Level: First
  • Area: 150.8
  • Dimensions: 13 x 11.6

Bedroom

  • Level: First
  • Area: 149.6
  • Dimensions: 13.6 x 11

Bedroom

  • Level: First
  • Area: 183.96
  • Dimensions: 12.6 x 14.6

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Family Room

  • Level: First
  • Area: 300.6
  • Dimensions: 16.7 x 18

Features

  • Central Vacuum,Crown Molding,Kitchen Island,Recessed Lighting,Owner's Closet,Pantry
  • Flooring: Laminate,Tile
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central,Natural Gas
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 2,283
  • Total interior livable area: 2,283 sqft

Laundry

  • Level: First
  • Area: 60
  • Dimensions: 6 x 10

Master Bedroom

  • Level: First
  • Area: 204
  • Dimensions: 13.6 x 15

Property

Details

  • Parcel number: 171S19231210000500
  • Zoning description: Resid Single Family

Features

  • Stories: 1
  • Exterior features: Private Yard

Lot

  • Lot size: 9,583 sqft
  • Features: Interior Lot,Sidewalk
  • Lot size dimensions: 38.82 x 120

Parking

  • Total spaces: 2
  • Parking features: Garage Door Opener,Garage,Covered
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Lightning
    LightningVery High
  • Tornado
    TornadoRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Tornado
Coastal Flooding
Cold Wave
Heat Wave
Inland Flooding
Strong Wind
Wildfire
Tsunami

FEMA Declared Disasters in Walton County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,907$34,884
Home Insurance *$232$2,784
Property Taxes $562$6,744
Electricity $229$2,757
Total$3,930$47,160
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$134,742/yr
40% on housing$117,900/yr
45% on housing$104,800/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 16.1%
16.1%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 8.0%
8.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$252This listing

vs Other Active Listings

Avg $/sqft

ZIP 32439$252
Walton County$484

vs Homes Sold Last Month

Median $/sqft

ZIP 32439$200
Walton County$400

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-02Price change$574,900
2026-01-28Price change$587,000
2025-10-17Price change$599,900
2025-10-09Price change$610,000
2025-09-17Listed for sale$620,000
2021-07-16Sold$432,580
2020-10-30Sold$38,000

For Sale by Agent

AgentRenata M Loubriel
BrokerageHomeBiz Properties

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