19494 Highway 331

Freeport, FL 32439

$4,250,000
Price
629,006 / 14.44
Lot Size / Acres
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Description

14.4 acres located just North of the Clyde Wells Bridge for easy access to South Walton and the Beach.. Front portion of property has a land use of Commercial with the remaining as Rural Residential per the Walton County Land Use Map. According to the NWFWMD Flood Map 68% of the property is zone X. Property borders Mallet Bayou which feeds into Choctawhatchee Bay plus has a small pond with dam. There is approximately 300 ft on US Hwy 331 plus approximately 550 ft on Laird Dr. Davis Rd as referenced...14.4 acres located just North of the Clyde Wells Bridge for easy access to South Walton and the Beach.. Front portion of property has a land use of Commercial with the remaining as Rural Residential per the Walton County Land Use Map. According to the NWFWMD Flood Map 68% of the property is zone X. Property borders Mallet Bayou which feeds into Choctawhatchee Bay plus has a small pond with dam. There is approximately 300 ft on US Hwy 331 plus approximately 550 ft on Laird Dr. Davis Rd as referenced on several maps and legal is the private drive into the property and is a part of the legal description. Property is untouched with beautiful Oak Trees representing ''OLD FLORIDA''. So many possibilities. Property is located in the County.
  1. Listed by Sally R Merrifield • Brokerage DRE #1021152 • Merrifield & Pilcher Realty
    P: (850)-865-0640 C: (850)-865-0640 sallymerrifield@yahoo.com
  2. Listed by Christa V Merrifield • Brokerage DRE #1021152 • Merrifield & Pilcher Realty
    P: (850)-428-3298 C: (850)-428-3298 christamerrifield@yahoo.com

Property Details for 19494 Highway 331

Waterfront Features
Bayou, Pond
Zoning
Commercial, County, Resid Single Family
Subdivision Name
METES & BOUNDS
Waterfront YN
Yes
LISTING UPDATED: 10/03/2025 02:14 PM

Property Details for 19494 Highway 331

StatusActive
MLS #949762
Days on Market638
Taxes$2,981 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Vacant Land
Year Built-
Lot Size14.44 AC
CountyWalton County

Location

Listing Courtesy of Merrifield & Pilcher Realty
Add your commute

Building Information for 19494 Highway 331

Lot Size14.44 AC

Payment Calculator

$20,962 per month

30 year fixed, 6.15% Interest

Principal and Interest

$20,714

Property Taxes

$248

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 19494 Highway 331

Summary
Location and General Information
  • Directions: Property is located just North of Laird Dr on the West side of US Hwy 331. Please note, Rodney Dr does NOT border this property.
  • Road Frontage Type: US Highway
  • MLS Area Minor: 2007 - Bay Grove
  • MLS Area Major: 20 - Freeport
  • Latitude: 30.44586
  • Longitude: -86.137193
  • Location Tax and Legal:Sub Area: 2007 - Bay Grove
  • Location Tax and Legal:Elementary School: Freeport
  • Location Tax and Legal:Middle School: Freeport
  • Location Tax and Legal:High School: Freeport
  • Location Tax and Legal:Legal Description: COM AT THE SW/C OF SEC 34-1S- 19W THENCE N 87 DEG 35'E ALONG THE S BDY OF SEC 34 A DISTANCE OF 551.67FT TO IT'S INTER- SECTION WITH THE NW ROW LINE OF FLORIDA STATE HWY #83 (AKA US HWY 331) THENCE N 59 DEG 27'E ALONG SAID ROW LINE A DISTANCE OF 471.04FT TO A CONCRETE MONUMENT THENCE N 01 DEG 41'W 343.70FT TO A CONCRETE MONUMENT THENCE N 59 DEG 28'E 695.15FT TO POB OF THE FOLLOWING DESC TRACT OF L
Taxes and HOA
  • Tax Legal Description: COM AT THE SW/C OF SEC 34-1S- 19W THENCE N 87 DEG 35'E ALONG THE S BDY OF SEC 34 A DISTANCE OF 551.67FT TO IT'S INTER- SECTION WITH THE NW ROW LINE OF FLORIDA STATE HWY #83 (AKA US HWY 331) THENCE N 59 DEG 27'E ALONG SAID ROW LINE A DISTANCE OF 471.04FT TO A CONCRETE MONUMENT THENCE N 01 DEG 41'W 343.70FT TO A CONCRETE MONUMENT THENCE N 59 DEG 28'E 695.15FT TO POB OF THE FOLLOWING DESC TRACT OF L
  • Parcel Number: 34-1S-19-23000-014-0000
  • Association Fee: $0
  • Tax Annual Amount: $2,981
  • Listing Info Tax Legal:Last Taxes: $2,981
  • Listing Info Tax Legal:Last Tax Year: 2023.0
School Information
  • Elementary School: Freeport
  • Middle Or Junior School: Freeport
  • High School: Freeport
Property
Lot Information
  • Lot Size Dimensions: TBD
  • Lot Size Acres: 14.44
  • Lot Size Area: 14.44
  • Lot Size Units: Acres
  • Lot Features: Interior, Wetlands, Wooded
  • Lot Size Square Feet: 629006.4
  • General Property Info:Acreage: 14.44
  • Waterfront: Bayou, Pond
  • Lot Features: Interior, Wetlands, Wooded
  • Lot Access: Paved Road2, US Highway2
Property and Assessments
  • Road Surface Type: Paved Road
  • Tax Year: 2023.0
  • Floor Plans Count: 0.0
  • Property Type: Land
  • Property Sub Type: Vacant Land
  • General Property Info:Sub-Type: Vacant Land
Utilities
  • Sewer: Septic Tank
  • Utilities: Electric, Phone
  • Water Source: Well
  • Electric: True
  • Utilities: Electric, Phone2, Private Well, Septic Tank
Interior and Exterior Features
Interior Features
  • Bathrooms Total Integer: 0.0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
Rental
Rent Information
  • Listing Info Tax Legal:Is Subject Leased: No

Property History for 19494 Highway 331

DateEvent & SourcePriceAppreciation
May 13, 2024

Listed (Active)

ECAR #949762

$4,250,000—
Apr 14, 2006

Sold (Public Record)

Public Record #194349372

$190,000—
DateEvent & SourcePrice
05/13/2024

Listed (Active)

ECAR #949762

$4,250,000
04/14/2006

Sold (Public Record)

Public Record #194349372

$190,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 19494 Highway 331

Taxable ValueLand$720,522Additions$79,201Total$799,723
Tax Record2024$3,089 ($257 / month)
Home Facts
Beds3Total Finished SqFt1,528 SqFtAbove Grade Finished SqFt1,528 SqFtStories1Lot Size629,181 SqFtStyleSingle Family ResidenceYear Built1947Year Renovated1970ZoningBAYNCountyWALTONAPN34-1S-19-23000-014-0000Fireplace TypeHas Fireplace

Schools near 19494 Highway 331

This home is within Walton.
Rating
School
Type
Grades
Distance
Freeport Elementary School
Public - PK to 4
Freeport Middle School
Public - 5 to 8
Freeport Senior High School
Public - 9 to 12
Seaside Neighborhood School
Charter - 5 to 12
Rating
School
Distance
Freeport Elementary School
PublicPK to 4

Freeport Middle School
Public5 to 8

Freeport Senior High School
Public9 to 12

Seaside Neighborhood School
Charter5 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 19494 Highway 331, Freeport, FL 32439

19494 Highway 331 is a 14.44 ac of land for sale in Freeport, FL 32439. This property was listed for sale on May 13, 2024 by Merrifield & Pilcher Realty, it's currently listed at $4,250,000. It has been on the market for a total of 638 days and was last sold on April 14, 2006. This listing's school district is Walton. Nearby schools include Freeport Elementary School, Freeport Middle School and Freeport Senior High School. 19494 Highway 331 is a 0-bed, 0-bath, 14.44 ac of land on a 629,006 sq. ft. / 14.44 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Merrifield & Pilcher Realty

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2026 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.