1491 W Highway 98 Mary Esther, FL 32569 Open Sat 11AM-1PM

UPDATED: 01/19/2026 03:06 AM ON MARKET: 7 days on market

$1,040,000

4 Beds3 Baths2,986 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,986 sqft

Price per Sqft $348

Subdivision Metes & Bounds

MLS Listing ID 992670

Style Traditional

Bedrooms 4

Full Baths 3

Year Built 2008

Annual Tax Amount $3,920

Tax Year 2025

Lot Size 0.440 Acres

Acres 0.44

Lot Dimensions 114.7 x 192.76 x 123 x 149.55

Property Sub-Type Detached Single Family

Source Emerald Coast Association of REALTORS®

Land Area 2986

Property Description

Exceptional waterfront opportunity with 115 feet of beach shoreline and beautiful water views throughout this thoughtfully updated property. A new dock featuring a spacious sundeck invites you to relax, fish, or entertain while taking in the scenery. This home also features a 1200 sqft 1-bed, 1-bath apartment over the garage, offering excellent income-producing potential. Inside, the kitchen features a cozy breakfast nook with a bay window perfectly positioned to capture the water view, and tile flooring runs throughout the home—no carpet. The home underwent a full remodel in 2005-2006, including sheetrock, insulation, electrical, windows, doors, and flooring. Major updates continue with a new roof and HVAC in 2021, and plumbing relocated to the walls and attic in 2021. Newer appliances include a very quiet dishwasher and a brand-new microwave. A concrete safe room adds exceptional storm protection and security. A spacious 400 sq ft office with a separate entrance offers flexibility for a home business, guest suite, or potential 5th bedroom, with its own closet, handicap-accessible design, and the ability to add a bathroom. Storage is abundant throughout both the main home and the apartment. The upstairs apartment, built in 2008, features a private entrance, its own water heater (2008), HVAC (2021), exterior-vented hood, washer and dryer, and independent security system. Step out onto the private balcony and enjoy sweeping views of the sound, making this space especially appealing for guests or tenants. A circular driveway offers ample parking, hurricane shutters and a security system added peace of mind. A workshop is also included. This versatile waterfront property offers stunning views, flexible living options, and strong investment potential all in one exceptional setting.