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$525,000 Just Listed
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Property Description
Welcome home, this spacious Mila floorplan offers 4 bedrooms, 3 full bathrooms with a large flex room/office space. Located on the south end of town it offers effortless access to local hospitals, shopping, Eglin AFB, & 7th Special Forces Group. Community amenities include a resort-style pool with a clubhouse, dog parks, and playgrounds. Step into your sanctuary with tiled wet areas, beautiful wood like flooring through out, top-of-the-line plush carpeting in bedrooms, the only carpet found in this home is where you sleep. Enhanced Window Coverings with elegant plantation shutters are featured throughout, complimented by newly added recessed lighting in the great room. Your Gourmet dream kitchen awaits you equipped with built-in oven & microwave, separate flat cooktop, a massive granite island with pendant lighting & beautiful backsplash. Soaring ceilings with double tray accents frame both the formal dining area and spacious living room. The eat-in breakfast nook opens directly to a covered patio & privacy-fenced backyard. The Primary Suite features tray ceilings, a large walk-in closet, an ensuite bath complete with a 5-foot custom-tiled shower, soaking tub, and double granite vanity. This split floor plan and flexible layout boasts two generously sized bedrooms that share a Jack-and-Jill bath on one side of the home, while a fourth bedroom and private bath sit near the garage entry --offering ideal privacy for guests.
Full Property Details
Full Property Details for 481 Merganser Way
General
- Price: $525,000
- Taxes: $5,365 (2025)
- Status: Active
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 1010612
- Updated: Today (8/26/2026)
- Added to Site: Today
Rental Information
- Complex Features: BBQ Pit/Grill, Pavillion/Gazebo, Playground, Pool
Interior
- Number of Rooms: 12
- Interior Features: Ceiling Crwn Molding, Ceiling Raised, Ceiling Tray/Cofferd, Kitchen Island, Lighting Recessed, Pantry, Pull Down Stairs, Split Bedroom, Washer/Dryer Hookup, Woodwork Painted
- Appliances: Dishwasher, Disposal, Microwave, Oven Self Cleaning, Range Hood, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Water Heater - Elect
- Flooring: Floor Laminate, Floor Tile, Floor WW Carpet
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Additional Information
- Pool: Yes
- Pool Description: Pool - In-Ground, Pool Type
Exterior
- Exterior Features: Fenced Back Yard
- Porch/Patio/Deck: Patio Covered
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Garage, Oversized
Location
- Area: 25 - Crestview Area
- County: Okaloosa
- Subdivision: Redstone Commons
- Driving Directions: Hwy 85 to E. Redstone Ave, go straight through light and turn right into Redstone Commons, take 3rd left onto Teal St, right on Merganser Way, home is on the left.
School Information
- Elementary School: Riverside
- Middle School: Shoal River
- High School: Crestview
Community
- Association: Yes
- Assoc. Fees Include: Management, Recreational Faclty
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Heat Pump Air To Air
- Heating/Cooling: Heat Pump Air To Air, Central Air
Utilities
- Sewer: Public Sewer
- Utility Description: Electric, Phone, Public Water, TV Cable, Underground
Structural Information
- Architectural Style: Contemporary
- Construction: Brick, Frame, Trim Vinyl
- Exterior Const.: Brick, Frame, Trim Vinyl
- Stories/Levels: 1
- Square Feet: 2,945
- Sq. Ft. Source: County PA Records
- Year Built: 2017
Lot Features
- Lot Size (Acres): 0.3
- Lot Size (Sq. Ft.): 13,068
- Lot Dimensions: 130 x 94 x 130 x 106
- Frontage: City Street
- Street/Road Desc.: Paved
- Lot Features: Cleared, Covenants, Curb & Gutter, Level, Restrictions, Survey Available
- Zoning: City, Resid Single Family
- Fencing (Description): Fenced Privacy
Financial Considerations
- Assessment Amount: $185
- Tax Amount: $5,365.61
- Tax Year: 2025
Disclosures and Reports
- Legal Description: REDSTONE COMMONS PH I LOT 61
- APN: 27-3N-23-1000-0000-0610
- Property ID: 27-3N-23-1000-0000-0610
Listed by ERA American Real Estate
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Schools
Schools serving 481 Merganser Way
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Riverside Elementary School, Crestview, FL 3400 East Redstone Avenue, Crestview, FL 32539 | PK-5 | 0.3 mi |
Shoal River Middle School 3200 East Redstone Avenue, Crestview, FL 32539 | 6-8 | 0.4 mi |
Crestview High School 1250 North Ferdon Boulevard, Crestview, FL 32536 | 9-12 | 4.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 481 Merganser Way
Date
Details
Price
Change
Source
8/26/2026
Listed
$525,000
10.53%
MLS
6/02/2022
Sold
$475,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 481 Merganser Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,366
-10%
$384,999
-8%
2024
$5,960
-14%
$419,585
-2%
2023
$6,903
66%
$426,703
48%
2021
$4,152
-1%
$289,035
-3%
2022
$4,173
1%
$297,706
7%
2021
$4,152
-7%
$278,765
6%
2019
$4,458
-3%
$262,005
-2%
2018
$4,595
1463%
$267,606
665%
2017
$294
220%
$35,000
562%
2016
$92
1%
$5,290
3%
2015
$91
—
$5,136
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 481 Merganser Way
481 Merganser Way, Crestview, FL 32539 (MLS# 1010612) is a Single Family property with 4 bedrooms and 3 full bathrooms. 481 Merganser Way is currently listed for $525,000 and was received on August 26, 2026. Want to learn more about 481 Merganser Way? Do you have questions about finding other Single Family real estate for sale in Crestview? You can browse all Crestview real estate or contact a Coldwell Banker agent to request more information.

