10 Lake Lorraine Circle, Shalimar

$475,000

3 Beds
2 Baths
2,023 Sqft
.35 Acre
2 Garages

New Year, New Price: $475,000 + $15,000 Buyer Credit!
Start 2026 strong in this tropical pool retreat in Lake Lorraine Estates—just minutes to Eglin AFB, Hurlburt Field, and the sugar-white sands of the Emerald Coast. Whether you're upsizing, relocating, or just ready for a backyard that feels like a vacation—this one delivers.
BONUS SPACES:
*20' x 11' air-conditioned workshop—perfect for projects, storage, or side hustles *40-ft concrete pad with 30-amp hookup—bring your boat or RV*Versatile flex room—ideal for laundry, office, or crafts! And here's the kicker: $15,000 buyer credit to use however you choose—rate buy-down, closing costs, upgrades, you pick.
Don't wait—this home is better than ever and priced to move. Reach out today and make this your year to live the Florida Dream! The primary suite is tucked away for privacy and has French doors that open straight to the pool... and honestly, it feels a little like waking up at a resort. The renovated bath is a retreat all its own, and stepping outside to the sparkling pool makes it impossible not to relax. Two additional bedrooms and a remodeled full bath are located on the opposite side of the home, along with a flexible laundry/office/craft room.
The updated kitchen includes granite countertops and opens to a living area with gas fireplace and tile/LVP flooring throughout.
And that backyard? It's a whole mood. Lush palms, a brand-new pool liner and pump (2024), and a screened patio that practically begs for slow mornings and long evenings. Whether you're grilling, floating, entertaining, or just breathing in that salty Gulf airthis space is all about enjoying life.
Even better? A VA assumable mortgage at 3.75% for qualified buyers.
Practical perks you'll love: " HVAC 2019 " Gas water heater 2019 " Roof 2011 " No HOA " Pool Pump 2024 " Privacy-fenced
This isn't just a house. It's a lifestyle. A feeling. A fresh start.

Essential Information
MLS® #981130
Price$475,000
Sold Price$465,000
Date Sold$2026-02-05
Bedrooms3
Bathrooms2.00
Full Baths2
Square Footage2,023
Acres0.35
Year Built1977
TypeResidential
Sub-TypeDetached Single Family
StyleRanch
StatusSold
Community Information
Address10 Lake Lorraine Circle
Area12 - Fort Walton Beach
SubdivisionLAKE LORRAINE ESTATES 3
CityShalimar
CountyOkaloosa
StateFL
Zip Code32579
Amenities
# of Garages2
Has PoolYes
PoolIn Ground
Utilities

Gas - Natural, Private Well, Public Sewer, Public Water

Parking

Garage Door Opener, Oversized, RV Access/Parking

Interior
HeatingNatural Gas, Gas - Natural
CoolingCentral Air
FireplaceYes
FireplacesEPA Qualified Fireplace
# of Stories1
Interior Features

Fireplace, Split Bedroom, Washer/Dryer Hookup, Woodwork Painted

Appliances

Dishwasher, Disposal, Microwave, Gas Water Heater

Exterior
Lot DescriptionLevel
RoofComposite Shngl
ConstructionFrame, Brick, Trim Wood
Exterior Features

Columns, Lawn Pump, Pool - Vinyl Liner, Sprinkler System, Yard Building, Separate Living Area

School Information
ElementaryShalimar
MiddleMeigs
HighChoctawhatchee
Additional Information
Days on Website466
ZoningResid Single Family
Listing Details
OfficeColdwell Banker Realty
Property History
Price Increased from $465,000 to $475,000
Price Increased from $464,900 to $465,000Price Reduced from $465,000 to $464,900
Price Reduced from $475,000 to $465,000
Price Reduced from $480,000 to $475,000
Price Reduced from $486,000 to $480,000
Show All History (11)
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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 12:07pm CDT.