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$400,000
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Property Description
Experience the best of Freeport, FL with this exceptional vacant large parcel. Nestled in the growing Gulf Coast community, this beautiful 5+ acre property offers a prime location with 20' Bay frontage. The lot is in a peaceful Freeport neighborhood where minimal traffic offers tranquility while still being minutes from local shops and amenities. The property's location in this charming coastal town provides water enthusiasts with quick access to the Gulf perfect for fishing or family adventures. Freeport's ongoing development makes this location increasingly desirable and is an outstanding value for waterfront property in this constantly growing area. Build a custom coastal home in this desirable Freeport location where waterfront living meets small-town charm.
Full Property Details
Full Property Details for 5 38 Acres Watson Rd
General
- Sold For: $400,000
- Taxes: $887 (2024)
- Status: Closed
- Type: Vacant Land
- Source: Emerald_Coast
- MLS ID: 977717
- Added to Site: 229 day(s) ago
Location
- Area: 20 - Freeport
- County: Walton
- Subdivision: Metes & Bounds
- Driving Directions: From 331 and HWY 20 go west on HWY 20 approximately 1 mile. Turn left on County HWY 83A W. Go approximately 4 miles and turn left on Watson Rd. Property will be on right side 1/4 mile look for sign.
School Information
- Elementary School: Freeport
- Middle School: Freeport
- High School: Freeport
Utilities
- Utility Description: Other
Lot Features
- Property View: Bay
- Lot Size (Acres): 5.38
- Lot Dimensions: 5.38 Acres
- Lot Features: Corner, Dead End, Level, Wooded
- Zoning: County
Water Features
- Water Front Type: Bay
Financial Considerations
- Price Per Acre: $85,501
- Tax Amount: $887
- Tax Year: 2024
- Terms: Conventional
Disclosures and Reports
- Legal Description: COM NE COR OF NW4 OF NE4, RUN S 485 FT FOR POB, CONT S 805 FT, TURN 90 DEG W 350 FT, TURN 53 DEG 28'15'' RIGHT OF A LINE BACK OF WINTER HOME LOTS 119 THRU 123 1004 FT, THEN TURN ELY 950 FT TO POB, ALSO S2 OF LOTS 60 & S2 OF LOTS 119 WINTER HOME LOTS LESS OR 504-129(PRCL004-0041)ALSO LESS LONG DESC AS RECD IN OR 1323- 211 TO DEBORAH WATSON(PRCL 004 -0042 ON'96 R)
- APN: 25-1S-20-32000-004-0040
Listed by Merrifield & Pilcher Realty
Sold by Merrifield & Pilcher Realty
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Price & Sales History for 5 38 Acres Watson Rd
Date
Details
Price
Change
Source
9/19/2025
Sold
$400,000
-13.04%
MLS
8/25/2025
Price Reduced
$460,000
-4.15%
MLS
7/29/2025
Price Reduced
$479,900
-4%
MLS
5/31/2025
Listed
$499,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5.38 Acres Watson Road, Freeport, FL 32439 (MLS# 977717) is a Vacant Land property that was sold at $400,000 on September 19, 2025. Want to learn more about 5.38 Acres Watson Road? Do you have questions about finding other Vacant Land real estate for sale in Freeport? You can browse all Freeport real estate or contact a Coldwell Banker agent to request more information.

