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$478,500

  • Sold
  • Closed
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 3,116 Sq. Ft.
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**Assumable VA Loan - 2.625%** Welcome to 5 Shady Lane, a 3,241sf custom-built home with huge potential in one of the area's most desirable locations. Surrounded by mature oaks, this property already offers great bones: vaulted ceilings, custom built-ins, a spacious great room with a brick fireplace, and a main-level master suite. Upstairs, a massive bonus room adds flexible living space--perfect for an additional bedroom, family room, or home office. The oversized two-car garage with workspace, private back patio, and charming covered front porch add even more value. Plus, enjoy deeded Sound access at the end of the street perfect for launching a kayak or paddleboard. Priced well below appraisal, this is a rare chance to update, customize, and build equity while creating your dream coastal retreat. **Seller agrees to new roof installation prior to closing with accepted full price offer. Transferrable termite bond. Schedule to come see it today!

Full Property Details for 5 Shady Ln

General

  • Sold For: $478,500
  • Taxes: $5,986 (2024)
  • Status: Closed
  • Type: Single Family
  • Source: Emerald_Coast
  • MLS ID: 985904
  • Added to Site: 116 day(s) ago

Interior

  • Rooms/Areas: Bedroom, Dining Room, Garage, Great Room, Kitchen, Master Bedroom
  • Interior Features: Built-In Bookcases, Ceiling Crwn Molding, Ceiling Raised, Ceiling Vaulted, Fireplace, Floor Hardwood, Floor Tile, Floor Vinyl, Floor WW Carpet, Kitchen Island, Pantry, Pull Down Stairs, Washer/Dryer Hookup, Wet Bar, Window Bay, Woodwork Stained
  • Appliances: Auto Garage Door Opn, Central Vacuum, Cooktop, Dishwasher, Dryer, Microwave, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Great Room: Great Room
  • Kitchen: Kitchen
  • Dining Room: Dining Room

Additional Information

  • Shared Amenities: Deed Access, Waterfront

Exterior

  • Exterior Features: Fenced Back Yard, Fenced Privacy, Patio Open, Porch, Porch Open

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking: Garage, Oversized

Location

  • Area: 12 - Fort Walton Beach
  • County: Okaloosa
  • Subdivision: Shady Lane
  • Driving Directions: From 98 turn south onto Shady Ln. Home is on the Right.

School Information

  • Elementary School: Mary Esther
  • Middle School: Bruner
  • High School: Fort Walton Beach

Heating & Cooling

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

Utilities

  • Utility Description: Electric, Private Well, Public Sewer, Public Water

Structural Information

  • Architectural Style: Traditional
  • Construction: Brick, Frame, Roof Dimensional Shg, Siding CmntFbrHrdBrd, Trim Wood
  • Stories/Levels: 2
  • Square Feet: 3,116
  • Sq. Ft. Source: Appraiser
  • Year Built: 1989

Lot Features

  • Lot Size (Acres): 0.26
  • Lot Dimensions: 113.29 x 96.02 x 111.65 x 96.00
  • Street/Road Desc.: Paved Road, Private Road
  • Lot Features: Covenants, Cul-De-Sac, Within 1/2 Mile to Water
  • Zoning: Resid Single Family

Financial Considerations

  • Assessment Amount: $300
  • Assmt Payment Freq: Annually
  • Tax Amount: $5,986
  • Tax Year: 2024
  • Terms: Conventional, FHA, VA

Disclosures and Reports

  • Legal Description: SHADY LANE AMEND UNIT 3
  • Assessment: Yes
  • APN: 16-2S-24-2240-0000-0030

Listed by Lokation
Sold by Better Homes and Gardens Real Estate Emerald Coast

Listing agent

— 5 Shady Ln —

  • Lokation

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 5 Shady Ln

School District:Okaloosa County School District
NameGradesDistance
Mary Esther Elementary School
320 East Miracle Strip Parkway, Mary Esther, FL 32569
PK-50.2 mi
Max Bruner Junior Middle School
322 Holmes Boulevard Northwest, Fort Walton Beach, FL 32548
6-81.5 mi
Fort Walton Beach High School
400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548
9-121.1 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 5 Shady Ln

Date
Details
Price
Change
Source
12/19/2025
Sold
$478,500
-4.3%
MLS
9/22/2025
Listed
$500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Lokation
Sold by Better Homes and Gardens Real Estate Emerald Coast

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5 Shady Lane, Mary Esther, FL 32569 (MLS# 985904) is a Single Family property that was sold at $478,500 on December 19, 2025. Want to learn more about 5 Shady Lane? Do you have questions about finding other Single Family real estate for sale in Mary Esther? You can browse all Mary Esther real estate or contact a Coldwell Banker agent to request more information.