tomo logo

$560,000

Beds
3
Baths
2.5
sq ft
2,222

487 Meadow Lake Dr, Freeport, FL 32439

487 Meadow Lake Dr

Freeport, FL 32439

  • Pending
    • Price drop $15,000↓
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERSWelcome Home! Offering luxury at an inviting price. This meticulously maintained residence boasts high-end finishes and impressive curb appeal, all within 2,222 square feet of elegant living space. With 3 spacious bedrooms, a versatile large office, and 2.5 stylish bathrooms, this home is designed for comfort and sophistication. The heart of the home features a gourmet kitchen that seamlessly flows into the living area, perfect for both daily life and entertaining. Highlights include pristine white granite countertops, a built-in convection oven, a 5-burner gas cooktop, and a commercial-size refrigerator. Additional modern conveniences such as an insulated garage door and a tankless gas hot water heater enhance the home's efficiency and appeal. Located in The Meadows of Hammock Bay, a coveted neighborhood built by Randy Wise, this home is situated in one of the Emerald Coast's most sought-after areas. Residents enjoy a wealth of amenities, including a massive fitness center, multiple swimming pools, tennis and pickle-ball courts, basketball facilities, scenic walking and biking trails, a dog park, an amphitheater, a restaurant, a convenience store, Bay access, and more.Don't miss the opportunity to make this luxurious home yours. Contact us today for more information or to schedule your private showing!

Details

Property type

Single Family Residence

Est. home value

$558,532

Lot size

8,276 sq ft

Price per sq ft

$253

Year built

2019

Annual property taxes

$6,272

Monthly HOA fee

$180.86

Price History

03/26/2025
CentralPanhandle

CentralPanhandle #762439

Pending
$560,000
02/11/2025
CentralPanhandle

CentralPanhandle #762439

Price change
$560,000
-2.61%
01/14/2025
CentralPanhandle

CentralPanhandle #762439

Price change
$575,000
-2.54%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Fitness Center, Tennis Court(s)

Seller’s Loan History

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

Lender

Freedom Mortgage Corp

Loan start date

December 2020

Original loan amount

$366,175

Est. remaining balance

$330,901

Interest rate

2.78%

Loan type

VA, 30 year

Seller

Justin Kramer and Hillary Kramer

Lender

Progress Bank & Trust

Loan start date

February 2020

Original loan amount

$363,822

Est. remaining balance

$326,447

Interest rate

3.64%

Loan type

VA, 30 year

Seller

Justin Kramer and Hillary Kramer

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?

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Status: Pending/Under Contract

Tomo last checked: 04/02/2025 at 5:25 AM

Listing updated: 03/26/2025 at 1:00 PM

Listed by: The Jarrett Group, Keller Williams Success Realty Phone #: (850) 249-0313

MLS: CentralPanhandle #762439

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