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$725,000 Just Listed
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Property Description
INVESTOR OPPORTUNITY ON BAYOU CHICO! Rare chance to own a unique waterfront compound with multiple income-producing possibilities on beautiful Bayou Chico. This one-of-a-kind property includes a charming 2-bedroom, 2 bath main residence situated directly on the water with private dock access, plus a separate 1-bedroom, 1-bath waterfront cottage ideal for rental income, guest accommodations, or multi-generational living. Cottage has 837 square feet of living space. Duplex offers 1152 total square footage. Main home offers 2914 Square foot of living space. Adding even more value is an additional detached structure, equipped with plumbing and electrical, offering endless possibilities for a pool house, workshop, studio, home office, man cave, she shed, or future expansion opportunities. At the front of the property sits a duplex with a shared driveway, creating additional investment potential. The seller is offering both parcels together as one package and will not consider separating the properties, making this a truly unique opportunity for investors, developers, or buyers seeking a waterfront family compound. With multiple structures, waterfront access, a private dock, and tremendous income-producing potential, this Bayou Chico property is ready for its next vision. Schedule your showing today and explore the possibilities!
Full Property Details
Full Property Details for 208 Pinewood Ln
General
- Price: $725,000
- Status: Active
- Type: Single Family
- Source: Pensacola
- MLS ID: 685685
- Updated: 7/10/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Storage, Baseboards, Ceiling Fan(s), High Ceilings, High Speed Internet
- Fireplace: Yes
- Appliances: Tankless Water Heater/Gas, Built In Microwave, Dishwasher
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
- Primary Bedroom: 10 x 10, First Level, 100 Sq. Ft.
Other Rooms
- Living Room: 10 x 10, First Level, 100 Sq. Ft.
- Kitchen: Not Updated, Solid Surface Countertops, 10 x 10, First Level, 100 Sq. Ft.
- Dining Room: Breakfast Bar, Living/Dining Combo
- Laundry: Inside, W/D Hookups, Common Area
Additional Information
- Shared Amenities: Dock, Fishing, Pavilion/Gazebo
- Spa: Yes
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Balcony, Fire Pit, Irrigation Well, Dock
- Deck/Patio: Porch
Parking
- Parking Features: 2 Space/Unit
Location
- County: Escambia - Fl
- Subdivision: Westerly Heights
- Driving Directions: West on Garden Street to Navy Blvd. Cross over bridge. After the second bridge, take immediate right on Pinewood. Duplex on right.
School Information
- Elementary School: West Pensacola
- Middle School: WARRINGTON
- High School: Pensacola
Heating & Cooling
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central
Utilities
- Sewer: Septic Tank
Structural Information
- Architectural Style: Contemporary
- Construction: Brick
- Roof: Shingle
- Stories/Levels: 2
- Square Feet: 2,914
- Year Built: 1947
- Property Condition: Resale
Lot Features
- Property View: Bayou, Water
- Lot Size (Acres): 0.48
- Road Maintenance: County Maintained Road
- Zoning: Res Multi
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Bayou, Waterfront, Natural
Financial Considerations
- Price Per Sq. Ft.: $248.8
Disclosures and Reports
- Property ID: 382S301000008001
Listed by Keller Williams Realty Gulf Coast
Get Pre-Approved Today
Schools
Schools serving 208 Pinewood Ln
School District:Escambia County School District, Cantonment, FL
| Name | Grades | Distance |
|---|---|---|
West Pensacola Elementary School 801 North 49th Avenue, Pensacola, FL 32506 | PK-5 | 1.5 mi |
Warrington Middle School 450 South Old Corry Field Road, Pensacola, FL 32507 | 6-8 | 0.9 mi |
Pensacola High School 500 West Maxwell Street, Pensacola, FL 32501 | 9-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 208 Pinewood Ln
Date
Details
Price
Change
Source
7/10/2026
Listed
$725,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 208 Pinewood Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,100
—
$169,040
3%
2024
$2,100
1%
$164,276
3%
2023
$2,082
2%
$159,492
6%
2021
$2,032
—
$150,337
-3%
2022
$2,038
—
$154,847
4%
2021
$2,032
4%
$148,262
2%
2019
$1,956
—
$144,929
2%
2018
$1,952
—
$142,227
2%
2017
$1,947
1%
$139,302
2%
2016
$1,933
5%
$136,437
1%
2015
$1,844
7%
$135,489
1%
2014
$1,719
-4%
$134,414
1%
2013
$1,787
—
$132,428
—
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 208 Pinewood Ln
208 Pinewood Ln, Pensacola, FL 32507 (MLS# 685685) is a Single Family property with 2 bedrooms and 2 full bathrooms. 208 Pinewood Ln is currently listed for $725,000 and was received on July 10, 2026. Want to learn more about 208 Pinewood Ln? Do you have questions about finding other Single Family real estate for sale in Pensacola? You can browse all Pensacola real estate or contact a Coldwell Banker agent to request more information.

