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$960,000

  • Sold
  • Closed
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 3,713 Sq. Ft.
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Welcome to 55 Lakeshore Dr., your DREAM PROPERTY!! This is a rare opportunity to own an extraordinary waterfront estate in the prestigious Lake Lorraine Gardens--a home with incredible potential for those ready to bring it back to life. Perfectly positioned on 140 feet of pristine waterfront, this high and dry home offers breathtaking panoramic water views from every bedroom--a truly unique feature. From the expansive living areas you can see beautiful Lake Lorraine that feeds into the Choctawhatchee Bay.This spacious home boasts private waterfront access, serene surroundings, and unlimited potential. This estate is perfect for those seeking a peaceful retreat or an entertainer's paradise. You will immediately be impressed by the large, open spaces in this prestigious home, along with the almost impossible to find HUGE waterfront lot! With 3 large bedrooms including a huge Master bedroom, a full sized Formal Dining Room, an Office, a Family Gathering Room, an amazing Great Room, a screened in "Florida" room, you won't run out of space to enjoy! Nestled in one of the area's most sought-after neighborhoods, this property is a diamond in the rough, ready for the right owner to restore its full potential. You won't want to miss out on this once-in-a-lifetime opportunity!

Full Property Details for 55 Lake Shore Dr

General

  • Sold For: $960,000
  • Taxes: $8,408 (2023)
  • Status: Closed
  • Type: Single Family
  • Source: Emerald_Coast
  • MLS ID: 972181
  • Added to Site: 295 day(s) ago

Interior

  • Rooms/Areas: Bedroom, Dining Room, Garage, Great Room, Kitchen, Living Room, Master Bedroom, Utility Room
  • Interior Features: Breakfast Bar, Built-In Bookcases, Ceiling Raised, Ceiling Vaulted, Fireplace, Fireplace Gas, Floor Tile, Kitchen Island, Lighting Recessed, Owner's Closet, Skylight(s), Wallpaper, Washer/Dryer Hookup
  • Appliances: Dishwasher, Refrigerator, Stove/Oven Electric

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Living Room: Living Room
  • Great Room: Great Room
  • Kitchen: Kitchen
  • Dining Room: Dining Room
  • Utility Room: Utility Room

Additional Information

  • Shared Amenities: Dock

Exterior

  • Exterior Features: Dock, Porch Screened, Sprinkler System

Parking

  • Garage: Yes
  • Garage Spaces: 3
  • Parking: Oversized

Location

  • Area: 12 - Fort Walton Beach
  • County: Okaloosa
  • Subdivision: Lake Lorraine Gardens
  • Driving Directions: From FL-85 S/Eglin Pkwy heading west turn left onto 11th Ave, then turn right onto 12th St. Then on Country Club Rd turn left, then right onto Sunrise Dr. in 350 feet turn left onto LakeShore Dr and arrive at 55 LakeShore Dr.

School Information

  • Elementary School: Shalimar
  • Middle School: Meigs
  • High School: Choctawhatchee

Heating & Cooling

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

Utilities

  • Utility Description: Electric, Public Sewer, Public Water

Structural Information

  • Architectural Style: Other
  • Construction: Block, Roof Tile/Slate, Stucco
  • Stories/Levels: 1
  • Square Feet: 3,713
  • Sq. Ft. Source: Appraiser
  • Year Built: 1989

Lot Features

  • Property View: Bay
  • Lot Size (Acres): 0.45
  • Lot Dimensions: 45 x 170 x 140 x 180
  • Street/Road Desc.: City Road
  • Lot Features: Bulkhead/Seawall
  • Zoning: Resid Multi-Family

Water Features

  • Water Front Type: Lake

Financial Considerations

  • Tax Amount: $8,408
  • Tax Year: 2023

Disclosures and Reports

  • Legal Description: LAKE LORRAINE GARDENS LOT 19
  • APN: 04-2S-23-1437-0000-0190

Listed by 316 Realty Group LLC
Sold by Rosemary Beach Realty LLC

Listing agent

— 55 Lake Shore Dr —

  • 316 Realty Group LLC

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 55 Lake Shore Dr

School District:Okaloosa County School District
NameGradesDistance
Shalimar Elementary School
1350 Joe Martin Circle, Shalimar, FL 32579
PK-51.4 mi
Clifford Meigs Middle School
150 Richbourg Avenue, Shalimar, FL 32579
6-81.7 mi
Choctawhatchee Senior High School
110 Racetrack Road Northwest, Fort Walton Beach, FL 32547
9-123.9 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 55 Lake Shore Dr

Date
Details
Price
Change
Source
10/03/2025
Sold
$960,000
-16.52%
MLS
3/26/2025
Listed
$1,150,000
—
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 316 Realty Group LLC
Sold by Rosemary Beach Realty LLC

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55 Lakeshore Drive, Shalimar, FL 32579 (MLS# 972181) is a Single Family property that was sold at $960,000 on October 03, 2025. Want to learn more about 55 Lakeshore Drive? Do you have questions about finding other Single Family real estate for sale in Shalimar? You can browse all Shalimar real estate or contact a Coldwell Banker agent to request more information.