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Property listings / Mary Esther

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1491 Highway 98

Mary Esther, FL 32569

$985,000

4 Bed 3 Bath 2,986 Sq Ft Single Family Residence
1491 Highway 98

About this home

Rare opportunities like this don't come along often. Situated on 115 feet of waterfront along the Santa Rosa Sound, this one-of-a-kind property offers the perfect blend of luxury waterfront living, investment potential, & unmatched flexibility. Wake up to breathtaking sunrises, unwind with spectacular sunsets, & spend your days enjoying your private dock with spacious sundeck—ideal for boating, fishing, paddleboarding, or simply taking in the view. Looking for a home that works for you? This property features a 1,200 sq. ft. private apartment above the garage with its own entrance, balcony, washer/dryer, HVAC, water heater, & security system, making it an incredible opportunity for rental income, multigenerational living, a guest retreat, or extended stays. Inside the main home, you'll find water views throughout, a charming bay-window breakfast nook, tile flooring throughout (no carpet), & extensive updates including a full remodel, newer roof, HVAC, plumbing, & appliances for added peace of mind. Need even more flexibility? The 400 sq. ft. office with a separate entrance offers endless possibilities as a home business, studio, private workspace, guest suite, or potential additional bedroom. Additional features include a concrete safe room, workshop, hurricane shutters, circular driveway, & abundant storage throughout the home & apartment. Whether you're searching for a waterfront retreat, investment property, income-producing home, vacation getaway, multigenerational residence, or a place to enjoy the Florida lifestyle while offsetting your mortgage, this exceptional property checks every box. Live on the water. Generate income. Create lasting memories. This isn't just a home—it's an opportunity.

Courtesy of ERA American Real Estate