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$750,000
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Property Description
Stunning Custom Waterfront Home in Runaway Bay - Perfect for Personal Retreat or Airbnb Investment! This sprawling, open-concept waterfront home is designed for comfort, functionality, and breathtaking water views. With a split-bedroom layout, the expansive living and kitchen area is light and bright, seamlessly blending indoor and outdoor living. The gourmet kitchen features quartz countertops, an oversized breakfast bar, and abundant cabinetry - ideal for entertaining guests or hosting short-term rentals. A massive utility and mudroom includes a butler's pantry and extensive storage. The private primary suite offers a spa-like ensuite with a luxurious soaking tub, separate shower, and a dedicated dressing area just outside the oversized master closet. Step out onto your secluded patio escape or enjoy the spacious back outdoor living area. Guest bedrooms are tucked on the opposite side of the home with a Jack-and-Jill bath, plus an additional powder room for visitors. The oversized two-car garage provides plenty of room for lake toys. Situated on a large lot with a concrete retaining wall and shared private boat ramp, this property is fully equipped for lake life. Offered fully furnished, this home is an incredible opportunity - whether you're looking for your dream waterfront getaway or a turn-key investment for Airbnb or short-term rental income. Just bring your clothes and start enjoying the lifestyle!
Full Property Details
Full Property Details for 502 S Bay Ct
General
- Price: $750,000
- Taxes: $5,551
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 20866482
- Updated: 8/19/2025
- Added to Site: 311 day(s) ago
Interior
- Interior Features: Chandelier, Cathedral Ceiling(s), Dry Bar, Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Granite Counters, High Speed Internet, Open Floorplan, Pantry, Cable TV, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Sound
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Electric, Family Room
- Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
- Flooring: Ceramic Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Washer Hookup, Electric Dryer Hookup, In Garage
Additional Information
- Security/Safety: Smoke Detector(s), Wireless
- Equipment: Irrigation Equipment
Exterior
- Exterior Features: Courtyard, Lighting, Outdoor Living Area, Rain Gutters
- Porch/Patio/Deck: Rear Porch, Other, Patio, Side Porch, Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Additional Parking, Door-Multi, Driveway, Garage Faces Front, Garage, Garage Door Opener, Inside Entrance, Kitchen Level, Lighted
Location
- County: Wise
- Subdivision: Runaway Bay
- Driving Directions: From Bridgeport take US 380 Southwest towards lake bridgeport which is also hwy 114. After you cross over the lake turn Left on Port-O-Call Dr. Turn Left on S. Bay. Property is on the right.
School Information
- Elem School District: Bridgeport ISD
- Midd School District: Bridgeport ISD
- High School District: Bridgeport ISD
- Elementary School: Bridgeport
- Middle School: Bridgeport
- High School: Bridgeport
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric, Humidity Control
- Heating Type: Central, Electric, Humidity Control, Heat Pump
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Sewer Available, Water Available, Cable Available
Structural Information
- Property Detached: Yes
- Architectural Style: Traditional, Detached
- Structure Type: House
- Detached/Attached: Detached
- Roof: Composition
- Windows: Window Coverings
- Stories/Levels: 1
- Living Area: 2,236 Sq. Ft.
- Year Built: 2023
Additional Structures
- Other Structures: Garage(s)
Lot Features
- Property View: Water
- Lot Size (Acres): 0.271
- Lot Size (Sq. Ft.): 11,804.76
- Lot Features: Cul-De-Sac, Landscaped, Waterfront, Retaining Wall
- Fencing (Description): Brick
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Lake Front, Waterfront
- Lake Front: Yes
Green Features
- Energy Efficient: HVAC, Insulation
- Indoor Air Quality: Moisture Control
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $5,551
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: LOT 13 BLK 3 RUNAWAY BAY UNIT 2
- Exclusions: Can be sold fully furnished
- Disclosures/Rstr.: Deed Restriction
- Property ID: 792946
- Block: 3
- Lot Number: 13
Listed by Ginger & Associates, LLC, Ginger Trimble Knox
Get Pre-Approved Today
Schools
Schools serving 502 S Bay Ct
School District:Bridgeport Independent School District
| Name | Grades | Distance |
|---|---|---|
Bridgeport Elementary School 1408 Elementary Drive, Bridgeport, TX 76426 | PK-2 | 7.3 mi |
Bridgeport Intermediate School 1400 Hwy 380, Bridgeport, TX 76426 | 3-5 | 7.8 mi |
Bridgeport Middle School 702 17th Street, Bridgeport, TX 76426 | 6-8 | 7.6 mi |
Bridgeport High School 1 Maroon Dr, Bridgeport, TX 76426 | 9-12 | 8.3 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 502 S Bay Ct
Date
Details
Price
Change
Source
6/25/2025
Price Reduced
$750,000
-4.94%
MLS
6/20/2025
Price Reduced
$789,000
-1.25%
MLS
3/13/2025
Listed
$799,000
—
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 502 S Bay Ct
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,371
219%
$543,581
500%
2021
$1,369
—
$90,550
19%
2021
$1,369
—
$76,014
10%
2021
$1,369
2%
$69,100
—
2020
$1,340
2%
$69,100
14%
2019
$1,317
-4%
$60,470
—
2018
$1,366
—
$60,470
—
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 502 S Bay Ct
502 S Bay Court, Runaway Bay, TX 76426 (MLS# 20866482) is a Single Family property with 3 bedrooms and 3 full bathrooms. 502 S Bay Court is currently listed for $750,000 and was received on March 13, 2025. Want to learn more about 502 S Bay Court? Do you have questions about finding other Single Family real estate for sale in Runaway Bay? You can browse all Runaway Bay real estate or contact a Coldwell Banker agent to request more information.

