US Highway 331, Freeport, FL 32439
Property image
Property image
PENDING
19.82 ACRES

$2,650,000

    US Highway 331, Freeport, FL 32439

    Est. Mortgage $15,865/mo*
    Get Pre-Qualified

    Home Highlights

    Property Type
    Lot/Land
    Lot Size
    19.82 acres

    Local Information

    • Map ViewExplore the area around US Highway 331.
    • Schools2 Elementary Schools1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    About this House

    Zoned Rural Village with 700ft fronting Hwy 331 & also 120 ft access along Waterside lane. This land has the potential of being divided into 6 acres commercial shopping/business and 12 acres of residential subdivision. Also could be developed as Live, work, play community. Seller will provide Boundary survey, TOPO, and wetland delliniation
    Last check for updates: about 18 hours ago
    Listing courtesy of John A King, (850) 585-4537
    Keller Williams Realty Destin
    Joni A King, (850) 685-2920
    Keller Williams Realty Destin
    Source: ECAOR, MLS#943946
    Also Listed on ECAOR.

    Home Details for US Highway 331

    Interior Features

    View
    No View

    Exterior Features

    Frontage
    Road Frontage: See RemarksNot on Waterfront

    Days on Market

    Days on Market: 180+

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Parcel Number: 341S19230000010100

    Price & Status

    Price
    List Price: $2,650,000
    Status Change & Dates
    Off Market Date: Sat Apr 19 2025

    Active Status

    MLS Status: Pending

    Location

    Direction & Address
    City: FreeportCommunity: N/A
    School Information
    Elementary School: FreeportJr High / Middle School: FreeportHigh School: Freeport

    Agent Information

    Listing Agent
    Listing ID: 943946

    Lot Information

    Lot Area: 19.82 Acres

    Miscellaneous

    Mls Number: 943946

    Around this home

    What Locals Say about Freeport

    At least 61 Trulia users voted on each feature.

    • 91 % Say parking is easy

    • 87 % Say car is needed

    • 86 % Say yards are well-kept

    • 85 % Say it's dog friendly

    • 79 % Say there's holiday spirit

    • 79 % Say it's quiet

    • 67 % Say kids play outside

    • 62 % Say there's wildlife

    • 62 % Say people would walk alone at night

    • 56 % Say neighbors are friendly

    • 56 % Say they plan to stay for at least 5 years

    • 52 % Say there are sidewalks

    • 39 % Say streets are well-lit

    • 36 % Say there are community events

    • 27 % Say it's walkable to grocery stores

    • 15 % Say it's walkable to restaurants

    Sourced by Trulia users. Learn more about our methodology.
    • Julie Fletcher
      "Mini neighbors own dogs. I see them walking around the neighborhood frequently."
      0
      Flag
    • Julie Fletcher
      "4th of July and other community holiday events. Person to person fundraising for the schools and local teams."
      1
      Flag
    • Nwflconnelly
      "Mix of old and new. Lots of green belt areas. Wildlife is prevalent and a part of the neighborhood "
      1
      Flag
    • Nwflconnelly
      "Watch out for coyotes and owls. This area is very rural. Also, there are no sidewalks in the neighborhood."
      1
      Flag
    • Julie Fletcher
      "There is no public transportation, so it must have a car to get anywhere outside of the town. Could possibly bike a walk to other businesses in the area. But the town has gotten pretty spread out so that might be difficult."
      1
      Flag
    • Nwflconnelly
      "The street is quiet and we have water views. The wildlife still has room to roam and maintain the natural habitat "
      1
      Flag
    • Julie Fletcher
      "I’ve lived here for four years people. It’s very family friendly. Schools are great and get A ratings. Neighbors are kind and courteous. We are 30 minutes from the sugar, white sand beaches of the Gulf of Mexico, and just 10 minutes from the Bay. There are a lot of nature and walking trails in the area. This is a great place to live if you’d like to go, boating, kayaking, paddle boarding or fishing. So many great spots in the area."
      1
      Flag
    • Julie Fletcher
      "It’s very family friendly, with low crime and relatively clean living. Close to the grocery store and various other local restaurants and boutiques."
      1
      Flag
    • Luis A.
      "I LIVE IN FREEPORT AND I CAN SAY ITS THE MOST PEACEFULL LITTLE TOWN I HAVE EVER LIVED IN, BEACHES AR LESS THEN 10 MILES AWAY , HAVE ALL THE AMENITIES I NEED AND MORE , BEST PART CRIME FREE AND EVERYONE KNOWS YOU IN OUR COMMUNITY...."
      5
      Flag
    • Tom L.
      "Have have a car minimal access to other transportation - no public transportation options it is located far from the city which is how I like it"
      1
      Flag
    • Tom L.
      "It’s Hammock Bay the rest of Freeport is not so nice although the town is growing as more businesses come here."
      1
      Flag
    • Kendra O.
      "Lived in this neighborhood since August 2019. Our little piece of paradise! Gray balance of seclusion, great neighbors, wildlife, bit close to activities and shopping. Snail town living at its best."
      0
      Flag
    • India S.
      "There is no access to a dog park. I believe if we had a dog park it would benefit the health of community pets. "
      4
      Flag
    • Leticia
      "Some people are friendly some are arrogant One thing about having a toy here is keep everybody from being trashy they have to bide by the rules that I like that"
      1
      Flag
    • jimw
      "I'm fairly new to Freeport but it's a quiet place and no crime. It's also just 13 miles to the beach and that's what I wanted. "
      0
      Flag
    • Leticia
      "Great place to live Dog farts recreation center three swimming pools tennis courts where community center walking trails"
      0
      Flag
    • Tish L.
      "Small, rural town that is about to explode. 30 minutes to beautiful beaches, shopping, and there is always something to do within a short drive."
      0
      Flag
    • Cm2rwoodruff
      "The range of ages in the neighborhoods. The diverse backgrounds that everyone comes from. The sense of community pride. "
      0
      Flag
    • Darenhankins
      "Most people use personal vehicles to commute, and usually will travel 20-40 miles to work or school. "
      0
      Flag

    Market trends in Freeport

    Last updated July 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    $365K
    $7.67K    MoM
    Sale-to-List Price
    97.3%
    0.3%    MoM
    Price per sq ft
    $206
    $1    MoM
    Available listings
    311
    25    MoM

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    Comparable sales

    These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    92 Waterside Ln, Freeport, FL
    0.21
    Lot/Land
    $200,000
    10/01/25
    -
    -
    8 Mallet Rd, Freeport, FL
    0.41
    Lot/Land
    $110,000
    05/15/26
    -
    -
    7 Mallet Rd, Freeport, FL
    0.42
    Lot/Land
    $110,009
    05/15/26
    -
    -
    Lot 4 E Bayou Forest Dr, Freeport, FL
    0.51
    Lot/Land
    $425,000
    01/20/26
    -
    -
    Mallet Rd, Freeport, FL
    0.59
    Lot/Land
    $105,000
    07/23/26
    -
    -
    Lots 9 10 Mallet Rd, Freeport, FL
    0.69
    Lot/Land
    $199,000
    07/15/26
    -
    -
    12 W Bayou Forest Dr, Freeport, FL
    0.89
    Lot/Land
    $750,000
    01/07/26
    -
    -
    104 Lagrange Cove Cir, Freeport, FL
    0.90
    Lot/Land
    $670,000
    06/25/26
    -
    -
    Lowery Rd, Freeport, FL
    1.15
    Lot/Land
    $850,000
    12/05/25
    -
    -

    Nearby home prices

    Get a sense of expected prices in the area by checking the value of nearby homes.
    Address
    Distance
    Price
    Bed
    Bath
    Sqft
    Status
    S US Highway 331, Freeport, FL 32439
    0.08
    -
    -
    -
    -
    Off Market
    178 Mallet Bayou Rd, Freeport, FL 32439
    0.06
    $390,000
    3
    2
    1,912
    Recently Sold
    Mallet Bayou Rd #1, Freeport, FL 32439
    0.08
    $115,000
    -
    -
    -
    For Sale
    53 Mallet Bayou Rd, Freeport, FL 32439
    0.11
    -
    -
    -
    -
    Off Market
    Mallet Bayou Rd, Freeport, FL 32439
    0.11
    -
    -
    -
    -
    Off Market
    Bayou Cir, Freeport, FL 32439
    0.17
    $100,001
    -
    -
    -
    For Sale
    122 Bayou Cir, Freeport, FL 32439
    0.18
    $623,300
    4
    3
    2,200
    Off Market
    10 Mallet Rd, Freeport, FL 32439
    0.22
    $110,000
    -
    -
    -
    For Sale
    118 Waterside Ln, Freeport, FL 32439
    0.21
    $1,350,000
    4
    4
    3,141
    Recently Sold
    92 Waterside Ln, Freeport, FL 32439
    0.21
    $395,000
    -
    -
    -
    For Sale
    192 Bayou Cir, Freeport, FL 32439
    0.22
    $649,000
    4
    3
    2,243
    For Sale
    Mallet Bayou Rd, Freeport, FL 32439
    0.23
    -
    -
    -
    -
    Off Market

    Price and Tax history

    DateEventPrice
    Apr 19, 2025
    Source: ECAOR #943946
    		Pending
    $2,650,000
    Mar 6, 2024
    Source: ECAOR #943946
    		Listed For Sale
    $2,650,000

    LGBTQ Local Legal Protections

    John A King, Keller Williams Realty Destin
    Agent Phone: (850) 585-4537
    IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Member number: 28189

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    Frequently asked questions about US Highway 331

    • How big is US Highway 331?
      US Highway 331 in Freeport, FL is about 19.8 acres.
    • What is the price per acre for US Highway 331?
      US Highway 331 in Freeport, FL is listed at $2,650,000, or about $135K per acre.
    • What do residents say about Freeport?
      Residents describe Freeport, FL as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See homes for sale in Freeport, FL.
    • What are the closest schools to US Highway 331?
      The closest schools to US Highway 331 in Freeport, FL are Freeport Elementary School (rated 6/10), Freeport Middle School (Elementary, rated 7/10), Freeport Senior High School (rated 8/10).
    US Highway 331, Freeport, FL 32439 is a lot/land. This property is currently available for sale and was listed by ECAOR on Mar 6, 2024. The MLS # for this home is MLS# 943946.