114 Penny Lane, Valparaiso, FL 32580 - Photo 1

1/1

$297,500

Sold
Closed
Single Family
2 Beds
2 Full Baths
1,012 Sq. Ft.
Updated 1 day ago

1/1

Property Description

Welcome to The Cottages, a charming new neighborhood featuring just 20 homes. This like new, lightly lived-in and beautifully crafted 2-bedroom, 2-bath cottage blends classic coastal style with modern comforts. Painted brick accents, quartz countertops, stainless steel appliances, luxury vinyl plank and tile flooring, and a durable metal roof--all designed for low maintenance and long-lasting quality. The thoughtful layout offers bright, open living spaces and contemporary finishes throughout. The home includes parking for two vehicles, with additional guest parking conveniently located within the neighborhood. Perfect as a primary residence, downsizing option, or investment property, this move-in-ready cottage provides relaxed Florida living at its best.

Full Property Details

Full Property Details for 114 Penny Ln

General

Sold For: $297,500
Status: Closed
Type: Single Family
Source: Emerald_Coast
MLS ID: 990040
Added to Site: 57 day(s) ago

Interior

Rooms/Areas: Bedroom, Great Room, Kitchen, Master Bedroom
Interior Features: Floor Vinyl, Lighting Recessed, Newly Painted, Washer/Dryer Hookup
Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Stove/Oven Electric

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

Bedrooms

Total Bedrooms: 2

Other Rooms

Great Room: Great Room
Kitchen: Kitchen

Exterior

Exterior Features: Porch

Location

Area: 13 - Niceville
County: Okaloosa
Subdivision: Kake Cottages
Driving Directions: From Niceville: go west on John Sims Pkwy (towards Valparaiso), turn right on Government Ave (85 S), turn left onto Valparaiso Pkwy (190). Neighborhood will on your left.

School Information

Elementary School: Lewis
Middle School: Lewis
High School: Niceville

Heating & Cooling

Heating/Cooling: AC - Central Elect, Ceiling Fans, Double Pane Windows, Water Heater - Tnkls

Utilities

Utility Description: Gas - Natural, Public Sewer, Public Water, Underground

Structural Information

Architectural Style: Florida Cottage
Construction: Brick, Frame, Roof Metal
Stories/Levels: 1
Square Feet: 1,012
Sq. Ft. Source: County PA Records
Year Built: 2025

Lot Features

Lot Size (Acres): 0.06
Lot Dimensions: 40 x 65
Street/Road Desc.: City Road
Lot Features: Covenants, Interior, Level
Zoning: City, Resid Single Family

Financial Considerations

Assessment Amount: $180
Assmt Payment Freq: Quarterly
Terms: Conventional, FHA, Other, VA

Disclosures and Reports

Legal Description: KAKE COTTAGES REPLAT LOT 13
Assessment: Yes
APN: 12-1S-23-2000-0000-0130

Listed by Eagle Bay Real Estate
Sold by LG Global Real Estate LLC

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Schools

Schools serving 114 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
Eglin Elementary School 200 Gaffney Rd, Eglin Air Force Base, FL 32542	K-4	3.8 mi
Niceville Senior High School 800 John Sims Parkway, Niceville, FL 32578	9-12	1.9 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 114 Penny Ln

Date

Details

Price

Change

Source

1/14/2026

Sold

$297,500

-0.8%

MLS

12/12/2025

Price Reduced

$299,900

-1.64%

MLS

11/20/2025

Listed

$304,900

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Total Baths
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114 Penny Lane, Valparaiso, FL 32580 (MLS# 990040) is a Single Family property that was sold at $297,500 on January 14, 2026. Want to learn more about 114 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.

114 Penny Ln Valparaiso, FL 32580