696 Phillips Drive, Freeport

$460,000

3 Beds
2 Baths
1,768 Sqft
1.1 Acres
0 Garage

Waterfront Paradise - Welcome Home to 696 Phillips Drive! Tucked away in the peaceful Landings community, this beautifully updated FL cottage offers the perfect blend of tranquility, charm, & modern comfort. Set on over an acre of land w/100+ ft of private waterfront, this 3-bedrm, 2-bath retreat features 1,768 sqft of single-level living w/an open, split floor plan, cathedral ceilings, abundant natural light, great closet storage, & updated roof '16, AC '18, & water heater '23. Inside you'll find fresh paint, updated finishes, & an entertainer's dream kitchen w/white cabinetry, granite countertops, stainless steel appliances including a gas range, elegant subway tile backsplash, gold accents, & plenty of storage space. The expansive master suite is a true retreat, complete w/a custom walk-in closet, private bath, & a bonus space ideal for a dressing area, reading nook, or home office. The additional bedrooms are spacious & private, perfect for guests or a growing family.
Enjoy your morning coffee or evening cocktail in the screened-in Florida room, surrounded by the sights & sounds of nature. From the front & back porches, you'll love the peaceful wooded views & frequent visits from local wildlife, a true bird-watcher's paradise.
Love the water? Launch your kayak or take out your boat from your private dock & explore the scenic river channel w/direct access to the bay. There's also a large, detached workshop for hobbies, extra storage, or potential guest accommodations already set up with electricity. Located on a quiet dead-end street w/ample parking, this home is perfect as a full-time residence, weekend escape, or vacation rental. Move-in ready & priced under $500K, this is your rare chance to enjoy Florida waterfront living without compromise.
Schedule your private tour today, this one won't last!

Essential Information
MLS® #981043
Price$460,000
Sold Price$445,000
Date Sold$2026-02-20
Bedrooms3
Bathrooms2.00
Full Baths2
Square Footage1,768
Acres1.10
Year Built1995
TypeResidential
Sub-TypeDetached Single Family
StyleRanch
StatusSold
Community Information
Address696 Phillips Drive
Area20 - Freeport
SubdivisionThe Landings
CityFreeport
CountyWalton
StateFL
Zip Code32439
Amenities
ViewRiver
Is WaterfrontYes
WaterfrontRiver Front
Utilities

Community Water, Electric, Gas - Propane, Septic Tank

Interior
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
# of Stories1
Interior Features

Cathedral Ceiling(s), Recessed Lighting, Newly Painted, Pantry, Split Bedroom, Washer/Dryer Hookup

Appliances

Dishwasher, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater

Exterior
Exterior FeaturesDock, Yard Building
WindowsWindow Bay
RoofShingle
ConstructionWood Siding
FoundationSlab
Lot Description

Dead End, Interior Lot, Irregular Lot, Survey Available, Wooded

School Information
ElementaryFreeport
MiddleFreeport
HighFreeport
Additional Information
Days on Website467
ZoningResid Single Family
Office

Dream Team Realty of NW Florida LLC

Property History
Price Reduced from $470,000 to $460,000
Price Reduced from $475,000 to $470,000
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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.

Listing information last updated on October 26th, 2026 at 9:37am CDT.