WATERFRONT home directly on beautiful Mallett Bayou! Step outside your back door and go kayaking, paddleboarding, or even crabbing! A boater's and fisherman's dream, you can be out in the Bay in 5 minutes! Enjoy peaceful and quiet living surrounded by nature- watch pelican and herons land on the water and feel the breeze as you relax on your dock or on one of the home's several balconies. Centrally located to the growing city of Freeport, and within minutes to the beautiful, white, sandy beaches of South Walton County. This home is situated on almost 1 acre, away from the hustle and bustle but close to it all. This 5 bedroom, 3 bath home lives large with high ceilings, and windows that let in that warm Florida sunshine and afford incredible views of the bayou. This home offers space and comfort for a large family and for visiting guests. On the first floor there is a 2 bedroom, 1 bath "apartment" with full kitchen and living area and with separate access from the outside. This area is in the process of a complete remodel-granite countertops and new cabinets in the kitchen and bath, brand new tile floors, and large walk-in shower with glass door. This spot would be perfect for out-of-town guests to have a sense of privacy, for older children, or could even be potentially rented for extra income. The second floor, or main floor is the perfect gathering spot after a long day out on the water! The open living, dining, and kitchen area has a screened-in balcony, perfect for relaxing or dining al fresco. Off of the living room there are French doors leading to another balcony with gorgeous water views. Two large bedrooms with newly installed carpet and I full bath are just off the main living area. Walking up the stairs to the 3rd floor landing, another set of French doors opens up to a front-facing balcony- perfect for enjoying your morning cup of coffee. The 3rd floor Master Suite boasts a large bedroom, a HUGE walk-in closet and a bathroom with whirlpool tub, double vanities and separate walk-in shower. This space has the potential to be a spa-like oasis with just the right finishing touches. This bedroom also has French doors opening to another balcony- sunrises and sunsets with incredible water-views await! This home has an ELEVATOR, 3 BRAND-NEW AC units, and a 2 CAR GARAGE. Make your appointment to see this unique home soon!!! Home is being sold AS-IS. Information contained within this listing such as square footage is deemed to be accurate but not guaranteed. Buyer to verify.
Single-familyProperty Type
2004Year Built
0.85 acresLot Size
$344Est. Price/Sq.Ft.
2 garage spacesParking
Listed by Matthew Cooper• 30-A Realty Inc
Listed by Carole Canepari• 30-A Realty Inc
Bought with Taylor Williams• Ash Caswell and Company
WATERFRONT home directly on beautiful Mallett Bayou! Step outside your back door and go kayaking, paddleboarding, or even crabbing! A boater's and fisherman's dream, you can be out in the Bay in 5 minutes! Enjoy peaceful and quiet living surrounded by nature- watch pelican and herons land on the water and feel the breeze as you relax on your dock or on one of the home's several balconies. Centrally located to the growing city of Freeport, and within minutes to the beautiful, white, sandy beaches of South Walton County. This home is situated on almost 1 acre, away from the hustle and bustle but close to it all.
Public Records
Sep 16, 2016
Sold
$320,000
$100/sq ft
Public Records
Sep 22, 1997
Sold
$65,000
$20/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,579 (+1.7%)
2024
$4,503 (+3.6%)
2023
$4,348 (+22.9%)
2022
$3,537 (−1.5%)
2021
$3,590 (−1.7%)
2020
$3,654 (−0.7%)
2019
$3,679 (+1.2%)
$145,121 + $247,359
$392,480
2018
$3,634 (+2.7%)
$142,276 + $243,596
$385,872
2017
$3,537 (+13.4%)
$129,095 + $244,797
$373,892
2016
$3,120 (−1.0%)
2015
$3,150 (−1.5%)
$122,948 + $236,255
$359,203
2014
$3,198
Tax history for 556 Mallet Bayou Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,579 (+1.7%)
2024
$4,503 (+3.6%)
2023
$4,348 (+22.9%)
2022
$3,537 (−1.5%)
2021
$3,590 (−1.7%)
2020
$3,654 (−0.7%)
2019
$3,679 (+1.2%)
$145,121 + $247,359
$392,480
2018
$3,634 (+2.7%)
$142,276 + $243,596
$385,872
2017
$3,537 (+13.4%)
$129,095 + $244,797
$373,892
2016
$3,120 (−1.0%)
2015
$3,150 (−1.5%)
$122,948 + $236,255
$359,203
2014
$3,198
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
5
Baths
3
Stories
3
Lot width
11 ft.
Lot depth
35 ft.
Lot size
0.85 Acres
Year renovated
2009
Sq. Ft.
3,193
Year built
2004
Style
Single Family Residential
County
Walton County
APN
341S19231000000110
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 9, 2026.
RV
Rural Village District
The Rural Village Future Zoning District is intended to support and encourage a mixture of residential and non-residential uses typical of small rural villages.
Permitted uses
Include but are not limited to:
Housing-Single unit
Recreation
Park & open space
Feb 1, 2022 • Final
Residential pool
Pool and hot tub
Jan 19, 2022 • Final
Electrical - residential new construction
Electrical
New construction
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.