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2601 Lake Silver Rd, Crestview, FL, 32536

4beds
2baths
1,830sqft
$225,000
$123price/sqft
$1,719/moest. monthly cost
$68,760/yrincome needed

About This Home

RARE LAKE SILVER OPPORTUNITY! Own a home on Lake Silver with approximately 1.2 acres at an exceptional price point! Whether you're looking for an investment property, or a place to make your own, this property offers tremendous potential. Previously rented for $1,700/month, it presents an attractive investment opportunity or the perfect canvas for thoughtful updates and a little TLC. Enjoy a fully fenced backyard surrounded by mature trees and established landscaping, creating a peaceful and private setting. Located in the county, this property also offers the benefit of lower property taxes. Major systems,2018 HVAC system, 2015 water heater, and metal roof. The converted garage adds valuable additional living space and features a cozy wood-burning stove--perfect for a family room, or flex space. With a large lot, privacy, and plenty of potential, opportunities like this don't come along often. Bring your vision and unlock the possibilities!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
18
BikeSomewhat Bikeable

Schools

6/10
8/10
Davidson Middle SchoolGrades 6-82.1 mi
5/10
Crestview High SchoolGrades 9-122.4 mi

Construction

Condition

  • Property condition: Construction Complete
  • Year built: 1979

Materials

  • Foundation: Foundation Off Grade
  • Roof: Metal
  • Construction materials: Aluminum Siding,Trim Aluminum

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Electric Water Heater
  • Laundry features: Washer/Dryer Hookup

Bathroom

  • Level: First
  • Area: 80
  • Dimensions: 10 x 8

Bathroom

  • Level: First
  • Area: 30
  • Dimensions: 6 x 5

Bedroom

  • Level: First
  • Area: 132
  • Dimensions: 12 x 11

Bedroom

  • Level: First
  • Area: 168
  • Dimensions: 14 x 12

Bedroom

  • Level: First
  • Area: 143
  • Dimensions: 13 x 11

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: First
  • Area: 204
  • Dimensions: 17 x 12

Family Room

  • Level: First
  • Area: 218.5
  • Dimensions: 19 x 11.5

Features

  • Woodwork Painted
  • Window features: Window Treatments
  • Flooring: Laminate,Vinyl
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Wood Stove
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 1,830
  • Total interior livable area: 1,830 sqft

Kitchen

  • Level: First
  • Area: 108.25
  • Dimensions: 12.5 x 8.66

Laundry

  • Level: First
  • Area: 120
  • Dimensions: 12 x 10

Living Room

  • Level: First
  • Area: 288
  • Dimensions: 24 x 12

Master Bedroom

  • Level: First
  • Area: 165
  • Dimensions: 15 x 11

Property

Details

  • Parcel number: 294N23000000210020
  • Zoning description: County, Resid Single Family

Features

  • Stories: 1
  • Patio & porch: Porch
  • Exterior features: Private Yard
  • Fencing: Chain Link

Lot

  • Lot size: 1.20 Acres
  • Features: Level
  • Lot size dimensions: 350 x 150

Parking

  • Total spaces: 6
  • Parking features: Converted Garage,Attached Carport
  • Covered spaces: 2
  • Carport: Yes
  • Carport 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

  • Lightning
    LightningVery High
  • Hurricane
    HurricaneRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Lightning
Hurricane
Tornado
Cold Wave
Heat Wave
Strong Wind
Tsunami

FEMA Declared Disasters in Okaloosa 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 $1,137$13,644
Home Insurance *$197$2,364
Property Taxes $188$2,256
Electricity $197$2,366
Total$1,719$20,628
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$58,937/yr
40% on housing$51,570/yr
45% on housing$45,840/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: 15.8%
15.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$123This listing

vs Other Active Listings

Avg $/sqft

ZIP 32536$150
Okaloosa County$263

vs Homes Sold Last Month

Median $/sqft

ZIP 32536$166
Okaloosa County$205

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)

No zestimate history available

Price History

DateEventPrice
2026-08-17Pending sale$225,000
2026-07-31Listed for sale$225,000
2025-07-07Listing removed$1,600
2025-06-25Listed for rent$1,600
2025-06-10Listing removed$1,700
2025-05-11Listed for rent$1,700
2024-10-14Listing removed$1,700
2024-02-27Listing removed--
2024-02-12Price change$1,700
2023-11-30Listed for rent$1,800
2011-03-25Sold$81,900
2011-01-16Price change$25,000
2010-12-25Price change$106,900
2010-12-04Price change$109,900
2010-11-12Price change$112,900
2010-10-22Price change$116,900
2010-10-02Price change$121,900
2010-09-10Price change$125,900
2010-08-20Price change$129,900
2010-07-30Price change$133,900
2010-07-29Listed for sale$90,000
2010-06-11Listing removed$157,800
2010-06-03Sold$152,900
2009-06-20Listed for sale$157,800
2005-09-22Sold$160,000

For Sale by Agent

AgentAnne B Conley
BrokerageERA American Real Estate

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