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$1,499,000

Beds
3
Baths
3.5
sq ft
4,076

402 Barataria Ln, Fort Walton Beach, FL 32547

402 Barataria Ln

Fort Walton Beach, FL 32547

  • 294 days on market
    • Price drop $76,000↓
EXQUISITE Custom Tudor-Style Protected Waterfront Home with Stunning Views. X Flood Zone!! Roof 2023, Kohler Generator 2023. Welcome to your Dream Home nestled on a private, tree-lined drive in a tranquil, protected bayou. This exquisite 3-bedroom 3.5 bathroom residence offers a perfect blend of Elegance, Comfort, and Breathtaking Natural Beauty. Step inside to discover spacious living areas bathed in natural light from large windows that provide stunning views of the water. Expansive living room is perfect for both relaxing and entertaining. The master suite serves as a private retreat, complete with an en-suite bathroom and a generous walk-in closet. Each additional bedroom is equally inviting, with natural light and serene views, and the bathrooms are thoughtfully designed. And a POOL! Outdoors, the property truly shines. Enjoy direct access to the dock and boat lift, perfect for boating enthusiasts. An outdoor deck offers a stunning spot to entertain guests or simply unwind while taking in the picturesque scenery. For year-round enjoyment, the home features a heated indoor pool, ensuring you can swim no matter the season. A charming Florida room provides panoramic views of the bayou, making it an ideal spot for morning coffee or evening relaxation. The home's classic Tudor architecture exudes timeless elegance and character, while the tree-lined private drive ensures privacy and a sense of seclusion. Situated in a protected bayou, this home combines the best of waterfront living with the peace and quiet of a natural setting. This extraordinary home is more than just a residence; it's a lifestyle. Whether you enjoy boating, swimming, or simply relaxing by the water, this property offers everything you need to live your best life. Don't miss the opportunity to own this one-of-a-kind waterfront gem. Contact us today to schedule a private showing and experience the beauty and elegance of this Tudor-style masterpiece for yourself. Kohler generator added 2023.Buyer to verify all measurements.

Details

Property type

Single Family Residence

Est. home value

$1,306,229

Lot size

0.33 acres

Price per sq ft

$368

Year built

1984

Price History

03/19/2025
EmeraldCoast

EmeraldCoast #952208

Price change
$1,499,000
-4.83%
03/04/2025
EmeraldCoast

EmeraldCoast #952208

Price change
$1,575,000
-6.8%
10/04/2024
EmeraldCoast

EmeraldCoast #952208

Price change
$1,690,000
+6.29%

Schools & Community

Elementary school: 

Wright

Middle school: 

Meigs

High school: 

Choctawhatchee

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$874,598
Asking price
$1,499,000
Closing costs (~8% of asking)
-$119,920
Est. remaining loan balance
-$504,482
Cash to seller
$874,598

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

University Lending Group Llc

Loan start date

July 2021

Original loan amount

$548,250

Est. remaining balance

$504,482

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Martin Dale Kimball and Patricia Taylor Kimball

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/02/2025 at 4:50 AM

Listing updated: 03/19/2025 at 6:04 PM

Listed by: Paula Sherman, Paula Sherman, Paula Sherman, Paula J Sherman, ERA American Real Estate Phone #: (850) 651-2454

MLS: EmeraldCoast #952208

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