305 This Way

Freeport, FL 32439

$447,000
Price
5
Beds
2,535 Sq. Ft.
$176 / Sq. Ft.
2,535
Sq. Ft.
$176
per Sq. Ft.
Listed By Compass
Listed By Compass
a front view of a house with a yard and potted plants
a front view of a house with a yard
a view of an empty room with wooden floor and a window
wooden floor in a room
a large kitchen with a center island wooden floor stainless steel appliances and windows
a view of kitchen with stainless steel appliances granite countertop a stove a sink and a refrigerator
a kitchen with white cabinets and stainless steel appliances
a kitchen with stainless steel appliances granite countertop a sink stove and refrigerator
an empty room with sliding door
a view of a kitchen with a sink and cabinets
wooden floor in an empty room with a window
a view of empty room with wooden floor and kitchen view
a view of an empty room with window and wooden floor
an empty room with wooden floor chandelier fan and windows
a bathroom with a granite countertop sink a toilet and a bathtub
an empty room with windows and ceiling fan
a view of an empty room with a window
a bathroom with a granite countertop sink and a mirror
a bathroom with a granite countertop sink mirror bathtub and shower
a bathroom with a granite countertop sink a large mirror and a bathtub
a view of a room with rack on the wall
a view of a hallway with staircase
an empty room with windows
an empty room with windows
a view of an empty room with a window
a bathroom with a granite countertop sink and a mirror
a bathroom with a bathtub and a toilet
an empty room with ceiling fan and windows
an empty room with closet and a ceiling fan
a view of a backyard with a garden
a swimming pool with wooden fence
a view of a room with racks on the wall
a view of a building with a street
an outdoor space with patio and lake view
a view of a patio with a table and chairs under an umbrella
a living room with furniture and a wooden floor
a living room with furniture and a wooden floor
a view of a chairs and couch in the porch
a view of balcony and yard
a view of a yard with trees
a view of house with wooden deck and outdoor seating
a view of a yard in front of a house with large trees
a view of a swimming pool with a lawn chairs
a view of a garden with a bench in the background
a view of swimming pool with outdoor seating and plants
a view of a city with ocean view
a view of a city

Description

If you've been searching for that perfect home in Hammock Bay and waiting for one at a price that just instantly makes sense, you've found it. 305 This Way is priced aggressively for a quick sale all while offering over 2500 square feet, 5 bedrooms, 3 baths and on a large corner lot. Once inside, you'll find an open floorplan that flows effortlessly. Immediately upon entering you'll find 1 of 2 additional family rooms. The open living, kitchen and dining areas offer plenty of space to relax or entertain....If you've been searching for that perfect home in Hammock Bay and waiting for one at a price that just instantly makes sense, you've found it. 305 This Way is priced aggressively for a quick sale all while offering over 2500 square feet, 5 bedrooms, 3 baths and on a large corner lot. Once inside, you'll find an open floorplan that flows effortlessly. Immediately upon entering you'll find 1 of 2 additional family rooms. The open living, kitchen and dining areas offer plenty of space to relax or entertain. Upstairs you'll find 4 of the bedrooms plus the 2nd family room, perfect for a kids' play area, office or additional living space. And the master bedroom - generously oversized at 13X20 feet with an equally impressive master bath and walk-in closet. And the oversized proportions extend outside into the large backyard which is a blank canvas waiting for your personal touch - gardens, pool, outdoor kitchen - endless possibilities. Hammock Bay is a lifestyle community with amenities for everyone. Amenities such as the Freeport Regional Sports Complex, bayfront pier & boat dock, multiple community pools, impressive fitness center, tennis, and onsite food and entertainment options. Hammock Bay is located in the heart of Freeport and is conveniently located within 30 minutes of South Walton's sugar white beaches. Come see this one for yourself before it's gone.

Listing Agent

  1. Brett Bianca

    Brett Bianca

    Listing Agent

    Compass

    brett.bianca@compass.com

    P: (850)-460-4380

    CallTextEmail

Property Details for 305 This Way

Zoning
Resid Single Family
Architectural Style
Craftsman Style
Subdivision Name
HAMMOCK BAY/MILL COTTAGES
LISTING UPDATED: 11/19/2025 11:19 AM

Property Details for 305 This Way

StatusActive
MLS #984817
Days on Market104
Taxes$5,112 / year
HOA Fees$540 / quarter
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Detached Single Family
Year Built2020
Lot Size0.17 AC / 7,405 SF
CountyWalton County
Buyer's Agent Compensation2.5%
Compensation RemarksCommission reduces to 4% with 2% to buyers agent if contract price is below 450K.

Location

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Virtual Tour

Building Information for 305 This Way

Stories2Year Built2020Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$2,815 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,209

Property Taxes

$426

HOA Dues

$180

The Payment Calculator is for illustrative purposes only.

Property Information for 305 This Way

Summary
Location and General Information
  • Community Features: Pickle Ball, Community Room, Dock, Exercise Room, Fishing, Pavillion/Gazebo, Picnic Area, Playground, Pool, Tennis
  • Directions: HWY 20 to Great Hammock Bend to Hammock Trail W. Turn left onto Earl Godwin Rd - left onto That Way. Home is on corner of This Way and That Way.
  • MLS Area Minor: 2005 - S. of 20 to Hwy 331
  • MLS Area Major: 20 - Freeport
  • Latitude: 30.492335
  • Longitude: -86.177966
  • Location Tax and Legal:Sub Area: 2005 - S. of 20 to Hwy 331
  • 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: LOT 48 MILL COTTAGES AT HAMMOCK BAY PB 22-44 OR 3135-4013 OR 3171-2311 OR 3247-4755
  • Project Facilities: Community Room, Dock2, Exercise Room, Fishing, PavillionGazebo2, Pickle Ball, Picnic Area, Playground, Pool2, Tennis
Taxes and HOA
  • Association Fee Frequency: Quarterly
  • Association Fee Includes: Accounting, Management, Master Association, Recreational Faclty
  • Association Fee2: $540
  • Tax Legal Description: LOT 48 MILL COTTAGES AT HAMMOCK BAY PB 22-44 OR 3135-4013 OR 3171-2311 OR 3247-4755
  • Parcel Number: 18-1S-19-23213-000-0480
  • Association Fee: $0
  • Association YN: Yes
  • Tax Annual Amount: $5,112
  • Listing Info Tax Legal:Last Taxes: $5,112
  • Listing Info Tax Legal:Last Tax Year: 2024.0
School Information
  • Elementary School: Freeport
  • Middle Or Junior School: Freeport
  • High School: Freeport
Parking
  • Carport YN: No
  • Attached Garage YN: No
  • Parking Features: Garage
  • Garage Spaces: 2.0
  • General Property Info:Driveway Spaces: 2.0
  • Parking Features: Garage3
Property
Lot Information
  • Building Area Source: County PA Records
  • Lot Size Dimensions: approx. 60X125
  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Units: Acres
  • Property Condition: Construction Complete
  • Building Area Total: 2535.0
  • Lot Size Square Feet: 7405.2
  • General Property Info:SqFt Source: County PA Records
Property and Assessments
  • Tax Year: 2024.0
  • Floor Plans Count: 0.0
  • Property Type: Residential
  • Year Built: 2020.0
  • Property Sub Type: Detached Single Family
  • New Construction YN: No
  • General Property Info:Sub-Type: Detached Single Family
  • General Property Info:Design: Craftsman Style
  • Construction Status: Construction Complete
Utilities
  • Sewer: Public Sewer
  • Utilities: Phone, Public Water, TV Cable
  • Utilities: Phone2, Public Sewer, Public Water, TV Cable
  • Energy: AC - 2 or More, AC - Central Elect, Heat Cntrl Electric, Water Heater - Elect
Interior and Exterior Features
Exterior Features
  • Stories: 2.0
  • Pool Features: Pool Type
  • General Property Info:Pool: Yes
  • General Property Info:Pool Type: Community
Interior Features
  • Heating: Central
  • Cooling: Central Air
  • Room Type: Living Room, Dining Area, Kitchen, Family Room, Bedroom, Master Bedroom, Master Bathroom
  • Rooms Total: 10.0
  • Bathrooms Total Integer: 3.0
  • Bathrooms Total Decimal: 3.0
  • Bathrooms Total Notational: 3.0
  • Cooling YN: Yes
  • Heating YN: Yes
  • Bedrooms Total: 5.0
  • Bathrooms Full: 3.0
  • Bathrooms Half: 0.0
  • Interior: Furnished - None
Room Information
Room 1
  • Room Type: Living Room
  • Room Level: First
  • Room Length: 15.0
  • Room Width: 15.0
  • Room Dimensions: 15 x 15
Room 2
  • Room Type: Dining Area
  • Room Level: First
  • Room Length: 12.0
  • Room Width: 10.0
  • Room Dimensions: 12 x 10
Room 3
  • Room Type: Kitchen
  • Room Level: First
  • Room Length: 12.0
  • Room Width: 13.6
  • Room Dimensions: 12 x 13.6
Room 4
  • Room Type: Family Room
  • Room Level: First
  • Room Length: 12.0
  • Room Width: 11.0
  • Room Dimensions: 12 x 11
Room 5
  • Room Type: Bedroom
  • Room Level: First
  • Room Length: 11.6
  • Room Width: 11.6
  • Room Dimensions: 11.6 x 11.6
Room 6
  • Room Type: Master Bedroom
  • Room Level: Second
  • Room Length: 20.0
  • Room Width: 13.0
  • Room Dimensions: 20 x 13
Room 7
  • Room Type: Master Bathroom
  • Room Level: Second
  • Room Length: 14.6
  • Room Dimensions: 14.6 x 10
Room 8
  • Room Type: Bedroom
  • Room Level: Second
  • Room Length: 11.6
  • Room Width: 11.6
  • Room Dimensions: 11.6 x 11.6
Room 9
  • Room Type: Bedroom
  • Room Level: Second
  • Room Length: 11.0
  • Room Width: 12.0
  • Room Dimensions: 11 x 12
Room 10
  • Room Type: Family Room
  • Room Level: Second
  • Room Length: 11.0
  • Room Width: 12.0
  • Room Dimensions: 11 x 12
Multi Family
Multi Family Information
  • Furnished: Furnished - None
Rental
Rent Information
  • General Property Info:Immediate Occupancy: Yes
  • Listing Info Tax Legal:Is Subject Leased: No

Property History for 305 This Way

DateEvent & SourcePriceAppreciation
Nov 19, 2025

Price Change

ECAR #984817

$447,000—
Oct 30, 2025

Price Change

ECAR #984817

$457,000—
Sep 24, 2025

Price Change

ECAR #984817

$459,000—
Sep 6, 2025

Listed (Active)

ECAR #984817

$469,000—
Apr 11, 2022

Sold (Public Record)

Public Record #1487904384

$525,000

+53.9% / yr

Nov 20, 2020

Sold (Public Record)

Public Record #684939275

$288,566—
DateEvent & SourcePrice
11/19/2025

Price Change

ECAR #984817

$447,000
10/30/2025

Price Change

ECAR #984817

$457,000
09/24/2025

Price Change

ECAR #984817

$459,000
09/06/2025

Listed (Active)

ECAR #984817

$469,000
04/11/2022

Sold (Public Record)

Public Record #1487904384

$525,000

+53.9% / yr

11/20/2020

Sold (Public Record)

Public Record #684939275

$288,566

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

Public Records for 305 This Way

Taxable ValueLand$50,000Additions$332,255Total$382,255
Tax Record2024$5,112 ($426 / month)
Home Facts
Beds4Total Finished SqFt2,535 SqFtAbove Grade Finished SqFt2,535 SqFtStories2Lot Size7,275 SqFtStyleSingle Family ResidenceYear Built2020CountyWALTONAPN18-1S-19-23213-000-0480

Schools near 305 This Way

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 305 This Way, Freeport, FL 32439

305 This Way is a single family home for sale in Freeport, FL 32439. This property was listed for sale on September 6, 2025 by Compass, it's currently listed at $447,000. It has been on the market for a total of 104 days and was last sold on April 11, 2022. This listing's school district is Walton. Nearby schools include Freeport Elementary School, Freeport Middle School and Freeport Senior High School. 305 This Way is a 5-bed, 3-bath, 2,535 sqft single family home built in 2020.

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.

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© 2025 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.