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$375,000
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Property Description
A Waterfront Gem with Unlimited Potential! Welcome to serenity and spacious living on gorgeous Lake Bagdad! This two-story lakefront home sits on approximately 1.2 private acres with over 200 feet of water frontage, a rare find that combines natural beauty, generous space, and incredible potential. Inside, you'll find 3 bedrooms and 3 full bathrooms laid out across a flexible floor plan with two fully equipped living spaces. Whether you're accommodating guests, family, or exploring rental possibilities, this layout delivers versatility. The home features over 2,400 square feet of space, including a large great room with sweeping lake views and a kitchen with ample counter and cabinet space that's just waiting for your personal touch. There's also a spacious 3-car carport ideal for storing vehicles, a boat, or weekend toys. Recent improvements include a newer roof, updated windows, 3 out of 4 new exterior doors, updated A/C units and handlers, a newer water heater, and refreshed upstairs living areas giving you a head start on modernizing while leaving room to make it your own. Step outside and soak up the peaceful lake lifestyle. Enjoy your mornings and evenings on the expansive deck right on the water, or spend the weekend fishing and kayaking from your private dock and boat launch. With over an acre of mature lakefront land, there's room for gardens, pets, or just relaxing in the sun. Originally built in 1975, the home has timeless charm and solid bones, and is ready for updates that will unlock its full potential. Whether you're an investor, a visionary renovator, or a family dreaming of a lakefront retreat, this is the opportunity you've been waiting for. Located in a quiet, private setting with no HOA restrictions, you still get the convenience of being just a short drive to all that Milton has to offer. This home is priced right, giving you the flexibility to make it your own while building equity. BUYER TO VERIFY ROOM MEASUREMENT. SHORT SALE
Full Property Details
Full Property Details for 4608 Riley Rd
General
- Price: $375,000
- Status: Active
- Type: Single Family
- Source: Pensacola
- MLS ID: 667459
- Updated: 1/12/2026
- Added to Site: 191 day(s) ago
Interior
- Appliances: Electric Water Heater
- Flooring: See Remarks
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
- Bedroom 1: 10 x 10, Second Level, 100 Sq. Ft.
- Bedroom 2: 10 x 10, First Level, 100 Sq. Ft.
Other Rooms
- Living Room: 14 x 12, Second Level, 168 Sq. Ft.
- Kitchen: Not Updated, 10 x 10, Second Level, 100 Sq. Ft.
- Dining Room: Kitchen/Dining Combo
- Laundry: Laundry Room
Parking
- Carports: Yes
- Total Spaces: 3
- Parking Features: 3 Car Carport
Location
- County: Santa Rosa
- Driving Directions: Head south-east on Parkmore Plaza Dr, Turn left onto Old Bagdad Hwy, Turn left onto Riley Rd, Destination will be on the right.
School Information
- Elementary School: Bagdad
- Middle School: R. HOBBS
- High School: Milton
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Colonial
- Construction: Frame
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 2,464
- Year Built: 1975
- Property Condition: Resale
Lot Features
- Property View: Lake
- Lot Size (Acres): 1.16
- Lot Dimensions: 212 x 198
- Road Maintenance: County Maintained Road
- Zoning: Res Single
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Lake, Waterfront, Natural
Financial Considerations
- Price Per Sq. Ft.: $152.19
Disclosures and Reports
- Property ID: 091N280000015060000
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 4608 Riley Rd
School District:Santa Rosa County School District
| Name | Grades | Distance |
|---|---|---|
Bagdad Elementary School 4512 Forsyth Street, Milton, FL 32583 | PK-5 | 1.5 mi |
Hobbs Middle School 5317 Glover Lane, Milton, FL 32570 | 6-8 | 1.9 mi |
Milton High School 5445 Stewart Street, Milton, FL 32570 | 9-12 | 2.3 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 4608 Riley Rd
Date
Details
Price
Change
Source
11/06/2025
Price Reduced
$375,000
-6.23%
MLS
10/28/2025
Price Reduced
$399,900
-4.76%
MLS
9/29/2025
Price Reduced
$419,900
-8.52%
MLS
8/27/2025
Price Reduced
$459,000
-1.29%
MLS
7/21/2025
Price Reduced
$465,000
-2.11%
MLS
7/15/2025
Price Reduced
$475,000
-2.06%
MLS
7/09/2025
Listed
$485,000
21.25%
MLS
4/19/2023
Sold
$400,000
—
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 4608 Riley Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,830
18%
$234,294
22%
2023
$2,391
9%
$192,451
14%
2021
$2,192
-7%
$168,550
-12%
2022
$2,365
8%
$191,501
23%
2021
$2,192
15%
$155,996
8%
2019
$1,914
53%
$143,940
14%
2018
$1,251
6%
$125,985
2%
2017
$1,176
1%
$123,394
2%
2016
$1,169
-2%
$120,856
1%
2015
$1,192
-1%
$120,016
1%
2014
$1,202
—
$119,063
2%
2013
$1,206
—
$117,303
—
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 4608 Riley Rd
4608 Riley Rd, Milton, FL 32583 (MLS# 667459) is a Single Family property with 3 bedrooms and 3 full bathrooms. 4608 Riley Rd is currently listed for $375,000 and was received on July 09, 2025. This property is listed by Nick Brown from our Niceville Office.Want to learn more about 4608 Riley Rd? Do you have questions about finding other Single Family real estate for sale in Milton? You can browse all Milton real estate or contact a Coldwell Banker agent to request more information.


