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$437,000

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 3 Full Baths
  • 2,535 Sq. Ft.
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If you've been searching for that perfect home in Hammock Bay and waiting for one at a price that just instantly makes sense, you've found it. 305 This Way is priced aggressively for a quick sale all while offering over 2500 square feet, 5 bedrooms, 3 baths and on a large corner lot. Once inside, you'll find an open floorplan that flows effortlessly. Immediately upon entering you'll find 1 of 2 additional family rooms. The open living, kitchen and dining areas offer plenty of space to relax or entertain. Upstairs you'll find 4 of the bedrooms plus the 2nd family room, perfect for a kids' play area, office or additional living space. And the master bedroom - generously oversized at 13X20 feet with an equally impressive master bath and walk-in closet. And the oversized proportions extend outside into the large backyard which is a blank canvas waiting for your personal touch - gardens, pool, outdoor kitchen - endless possibilities. Hammock Bay is a lifestyle community with amenities for everyone. Amenities such as the Freeport Regional Sports Complex, bayfront pier & boat dock, multiple community pools, impressive fitness center, tennis, and onsite food and entertainment options. Hammock Bay is located in the heart of Freeport and is conveniently located within 30 minutes of South Walton's sugar white beaches. Come see this one for yourself before it's gone.

Full Property Details for 305 This Way

General

  • Price: $437,000
  • Taxes: $5,112 (2024)
  • Status: Active
  • Type: Single Family
  • Source: Emerald_Coast
  • MLS ID: 984817
  • Updated: 12/29/2025
  • Added to Site: 166 day(s) ago

Interior

  • Rooms/Areas: Bedroom, Dining Area, Family Room, Kitchen, Living Room, Master Bathroom, Master Bedroom
  • Interior Features: Furnished - None

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Living Room: Living Room
  • Family Room: Family Room
  • Kitchen: Kitchen

Additional Information

  • Shared Amenities: Community Room, Dock, Exercise Room, Fishing, Pavillion/Gazebo, Pickle Ball, Picnic Area, Playground, Pool, Tennis
  • Pool: Yes

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking: Garage

Location

  • Area: 20 - Freeport
  • County: Walton
  • Subdivision: Hammock Bay/Mill Cottages
  • Driving Directions: HWY 20 to Great Hammock Bend to Hammock Trail W. Turn left onto Earl Godwin Rd - left onto That Way. Home is on corner of This Way and That Way.

School Information

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

Heating & Cooling

  • Heating/Cooling: AC - 2 or More, AC - Central Elect, Heat Cntrl Electric, Water Heater - Elect

Utilities

  • Utility Description: Phone, Public Sewer, Public Water, TV Cable

Structural Information

  • Architectural Style: Craftsman Style
  • Stories/Levels: 2
  • Square Feet: 2,535
  • Sq. Ft. Source: County PA Records
  • Year Built: 2020

Lot Features

  • Lot Size (Acres): 0.17
  • Lot Dimensions: appro x . 60 x 125
  • Zoning: Resid Single Family

Financial Considerations

  • Assessment Amount: $540
  • Assmt Payment Freq: Quarterly
  • Tax Amount: $5,112
  • Tax Year: 2024

Disclosures and Reports

  • Legal Description: LOT 48 MILL COTTAGES AT HAMMOCK BAY PB 22-44 OR 3135-4013 OR 3171-2311 OR 3247-4755
  • Assessment: Yes
  • APN: 18-1S-19-23213-000-0480

Listed by Compass

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— 305 This Way —

  • Compass

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 305 This Way

School District:Walton County School District
NameGradesDistance
Freeport Middle School
360 Kylea Laird Drive, Freeport, FL 32439
6-82.7 mi
Freeport Elementary School
15381 U.S. 331, Freeport, FL 32439
PK-53.4 mi
Freeport Senior High School
12615 U.S. 331, Freeport, FL 32439
9-126.1 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 305 This Way Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/29/2025
Price Reduced
$437,000
-2.24%
MLS
11/19/2025
Price Reduced
$447,000
-2.19%
MLS
10/30/2025
Price Reduced
$457,000
-0.44%
MLS
9/24/2025
Price Reduced
$459,000
-2.13%
MLS
9/06/2025
Listed
$469,000
-10.67%
MLS
4/11/2022
Sold
$525,000
—
Public Record
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.

Tax History for 305 This Way

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,112
—
$382,255
-1%
2024
$5,112
—
$385,078
—
2023
$5,099
40%
$385,078
42%
2021
$3,655
-11%
$271,590
-22%
2022
$4,114
13%
$349,328
27757%
2021
$3,655
—
$1,254
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Compass

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305 This Way, Freeport, FL 32439 (MLS# 984817) is a Single Family property with 5 bedrooms and 3 full bathrooms. 305 This Way is currently listed for $437,000 and was received on September 06, 2025. Want to learn more about 305 This Way? 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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