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$299,900 Just Listed
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Property Description
Welcome to Kake Cottages of Valparaiso, where life is refreshingly simple and weekends are yours to enjoy. Thoughtfully designed for effortless living, this inviting home offers bright, open spaces that make gathering with family and friends feel natural, whether you're hosting game day, sharing a quiet morning coffee, or unwinding after work. Tucked away in an intimate community, you'll appreciate the convenience of being just minutes from Eglin Air Force Base, local golf courses, local restaurants, shopping, parks, boat launches, and the sugar-white beaches of the Emerald Coast. Whether you're purchasing your first home, looking to simplify your lifestyle, or searching for a smart long-term investment, this move-in-ready home offers the perfect blend of comfort, convenience, and carefree Florida living
Full Property Details
Full Property Details for 108 Penny Ln
General
- Price: $299,900
- Taxes: $529 (2025)
- Status: Active
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 1008413
- Updated: Today (7/24/2026)
- Added to Site: Today
Interior
- Number of Rooms: 4
- Interior Features: Lighting Recessed, Newly Painted, Washer/Dryer Hookup
- Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Stove/Oven Electric
- Flooring: Floor Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Exterior
- Porch/Patio/Deck: Porch
Location
- Area: 13 - Niceville
- County: Okaloosa
- Subdivision: KAKE COTTAGES
- Driving Directions: Head West on John Sims Pkwy, turn North onto Government Ave/HWY 85. Turn Left onto Valparaiso Parkway. KAKE COTTAGES is up ahead on the LEFT. Turn left on Penny Lane
School Information
- Elementary School: Lewis
- Middle School: Lewis
- High School: Niceville
Community
- Association: Yes
- Assoc. Fees Include: Accounting, Management, Master Association
Utilities
- Sewer: Public Sewer
- Utility Description: Public Water, Underground
Structural Information
- Architectural Style: Florida Cottage
- Construction: Brick, Frame
- Exterior Const.: Brick, Frame
- Stories/Levels: 1
- Square Feet: 1,012
- Sq. Ft. Source: County PA Records
- Year Built: 2025
Lot Features
- Lot Dimensions: 40 x 65
- Frontage: City Street
- Lot Features: Covenants, Interior, Level
- Zoning: City, Resid Single Family
Financial Considerations
- Assessment Amount: $123
- Tax Amount: $529.1
- Tax Year: 2025
Disclosures and Reports
- Legal Description: Kake Cottages Replat Lot 16
- APN: 12-1S-23-2000-0000-0160
- Property ID: 12-1S-23-2000-0000-0160
Listed by Keller Williams Realty Destin
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Schools
Schools serving 108 Penny Ln
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Addie R. Lewis School 281 Mississippi Avenue, Valparaiso, FL 32580 | K-4 | 1.6 mi |
Niceville Senior High School 800 John Sims Parkway, Niceville, FL 32578 | 9-12 | 1.8 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 108 Penny Ln
Date
Details
Price
Change
Source
7/24/2026
Listed
$299,900
2.53%
MLS
2/26/2025
Sold
$292,500
—
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 108 Penny Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$529
17%
$39,500
30%
2024
$451
100%
$30,300
100%
2023
—
—
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 108 Penny Ln
108 Penny Lane, Valparaiso, FL 32580 (MLS# 1008413) is a Single Family property with 2 bedrooms and 2 full bathrooms. 108 Penny Lane is currently listed for $299,900 and was received on July 24, 2026. Want to learn more about 108 Penny Lane? Do you have questions about finding other Single Family real estate for sale in Valparaiso? You can browse all Valparaiso real estate or contact a Coldwell Banker agent to request more information.

