$725,000
- Beds
- 4
- Baths
- 2.0
- sq ft
- 2,160
4897 Mulatto Bayou Dr, Milton, FL 32583
4897 Mulatto Bayou Dr
Milton, FL 32583
- 117 days on market
- Price drop $25,000↓
Come and immerse yourself in the natural beauty of this waterfront 3.7-acre dream location with sunrise and sunset views of the glimmering bayou. Whether you are seeking a personal retreat, or outdoor getaway, this perfectly secluded location is available with additional acreage if desired. The +/-500 feet of waterfrontage allow for navigable access from Mulatto Bayou to the Gulf, Escambia Bay, and Escambia River while also providing access to the surrounding oak forest and views of the estuarine inlet adjacent to this property. 30 minutes by boat to the beach and easily accessible to I-10 for convenience. Improvements to the site include power, pace water, septic, and pilings from previous dock/ pier. The existing 4-bedroom, 2-bathroom structure is currently used as a waterfront hunting and fishing lodge and will require improvements. This site presents a great investment opportunity if you chose to renovate or raise the structure to rebuild. Current R-1 zoning on the property allows 4 units per acre. Adjoining parcels on both sides of the property are available for sale, giving the entire site a total of +/-10 acres. Package deal for all three parcels totaling +/- 10 acres with +/-1,400 feet of water frontage.
Details
Property type
Single Family Residence
Lot size
3.7 acres
Price per sq ft
$336
Year built
1982
HOA
No
Price History
02/28/2025

Pensacola #656048
Price change
$725,000
-3.33%
12/06/2024

Pensacola #656048
Listed
$750,000
Schools & Community
Elementary school:Â
Bennett C Russell
Middle school:Â
Avalon
High school:Â
Milton
Similar Homes Nearby
Sold

$749,000
4 bd
|
3 ba|
2,648 sq ft|
House10000 Noriega Dr, Pensacola, FL 32514

$699,900
4 bd
|
3 ba|
2,650 sq ft|
House4485 Yarmouth Pl, Pensacola, FL 32514
Price drop

$760,000
4 bd
|
3 ba|
3,531 sq ft|
House3078 Pelican Ln, Pensacola, FL 32514
Status: Active
Tomo last checked: 04/02/2025 at 10:30 PM
Listing updated: 03/27/2025 at 11:38 AM
Listed by: Melissa Simpson, Coldwell Banker Commercial NRT Phone #:Â (850) 432-5320
MLS: Pensacola #656048

Recently listed in Milton
$284,900|3 bd|2.0 ba|House
$469,900|5 bd|3.0 ba|House
$1,100,000|5 bd|3.5 ba|House
$469,900|5 bd|3.0 ba|House
$265,000|3 bd|2.0 ba|Manufactured
$360,900|4 bd|2.0 ba|House
$304,900|3 bd|2.0 ba|House
$398,900|4 bd|2.0 ba|House
$579,000|4 bd|3.0 ba|House
$435,900|4 bd|3.0 ba|House
Explore top cities in Florida