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$395,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,136 Sq. Ft.
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Income-producing Freeport cottages on four oak-shaded lots, just 15 minutes from the Emerald Coast's white sandy beaches! Built to withstand 165 mph winds, these charming homes feature metal roofs, Hardie board siding, double-pane windows, and energy-efficient insulation for low bills. Relax on multiple decks or porches, cook in kitchens with granite countertops and crown molding, and enjoy tile or laminate floors throughout. All tap fees are paid, and the lots allow room for two more additional homes. With established rental income and a prime location between Destin, Panama City Beach, and Fort Walton Beach, this property combines durability, charm, and endless income potential--perfect for investors or those dreaming of a coastal getaway lifestyle! This listing consists of a single parcel with four lots and two homes, with the total room count reflecting both properties. The seller is willing to consider selling each home individually: 155 Caswell Branch Road is listed at $205,000, and 161 Caswell Branch Road is listed at $189,000 (MLS# 989889). Showings require a minimum of 24 hours' advanced notice due to tenant occupancy.

Full Property Details for 155 & 161 Caswell Branch Rd

General

  • Price: $395,000
  • Status: Active
  • Type: Single Family
  • Source: Emerald_Coast
  • MLS ID: 984761
  • Updated: 12/11/2025
  • Added to Site: 162 day(s) ago

Interior

  • Rooms/Areas: Bedroom, Dining Area, Full Bathroom, Master Bedroom
  • Interior Features: Floor Laminate, Floor Vinyl, Furnished - Some, Washer/Dryer Hookup, Window Treatment All
  • Appliances: Microwave, Refrigerator, Stove/Oven Electric

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Exterior

  • Exterior Features: Deck Open, Porch

Location

  • Area: 20 - Freeport
  • County: Walton
  • Subdivision: Metes & Bounds
  • Driving Directions: From Hwy 20 & 331, head west on Hwy 20 toward Niceville for about 1 mile. Turn left onto 4 Mile Road, then follow it to Caswell Branch Road and turn right. Continue as Caswell Branch curves to the right. The first and second homes on the left are 147 & 153 Caswell Branch Road.

School Information

  • Elementary School: Freeport
  • Middle School: Freeport
  • High School: Freeport

Heating & Cooling

  • Heating/Cooling: AC - Central Elect, Double Pane Windows, Heat Cntrl Electric, Water Heater - Elect

Utilities

  • Utility Description: Electric, Public Sewer, Public Water

Structural Information

  • Architectural Style: Florida Cottage
  • Construction: Foundation On Piling, Roof Metal, Siding CmntFbrHrdBrd
  • Stories/Levels: 1
  • Square Feet: 1,136
  • Sq. Ft. Source: County PA Records
  • Year Built: 2008

Lot Features

  • Lot Size (Acres): 0.49
  • Lot Dimensions: 98 x 201 x 103 x 227
  • Street/Road Desc.: County Road, Dirt/Clay Road
  • Zoning: Resid Multi-Family, Resid Single Family

Financial Considerations

  • Terms: Conventional, FHA, VA

Disclosures and Reports

  • Legal Description: Lots 5-8 Caswell Branch Landing. Phase 1 Unrecorded
  • APN: 16-1S-19-23000-008-0045

Listed by By the Water Realty

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Listing agents

— 155 & 161 Caswell Branch Rd —

  • By the Water Realty

  • By the Water Realty

Get Pre-Approved Today

Be ready to buy your new home!

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NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 155 & 161 Caswell Branch Rd

School District:Walton County School District
NameGradesDistance
Freeport Middle School
360 Kylea Laird Drive, Freeport, FL 32439
6-81.2 mi
Freeport Elementary School
15381 U.S. 331, Freeport, FL 32439
PK-51.9 mi
Freeport Senior High School
12615 U.S. 331, Freeport, FL 32439
9-124.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 155 & 161 Caswell Branch Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/07/2025
Price Reduced
$395,000
-1.25%
MLS
9/05/2025
Listed
$400,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by By the Water Realty

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155 & 161 Caswell Branch Road, Freeport, FL 32439 (MLS# 984761) is a Single Family property with 3 bedrooms and 2 full bathrooms. 155 & 161 Caswell Branch Road is currently listed for $395,000 and was received on September 05, 2025. Want to learn more about 155 & 161 Caswell Branch Road? Do you have questions about finding other Single Family real estate for sale in Freeport? You can browse all Freeport real estate or contact a Coldwell Banker agent to request more information.

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