92 days on marketDetached Single Family▼ Price cut: $26,000 (8/7)
$875,000
2-Bedroom Detached Single Family in NONESUCH WAY
198 Waterside Lane, Freeport, FL 32439
Detached Single Family in NONESUCH WAY, Freeport · No CDD
NONESUCH WAY · Freeport, FL 32439 · Walton
Listing data updated September 10, 2026 · refreshed twice daily
2Bedrooms
2Bathrooms
2018Year Built
Waterfront2-car garageNo CDDFEMA Zone X
Momentum Research: independent market analysis, flood data, insurance estimates, buyer leverage, and objective property scoring, alongside the MLS listing. Not just the listing sheet.
Buyer leverage
Buyer advantage
92 days on market
Zone X
Flood risk
Minimal hazard per FEMA; ~7 ft elevation
$2k–$5k/yr
Est. insurance · illustrative
Not a carrier quote; premiums vary widely by property. Get a real quote.
As of September 10, 2026, 198 Waterside Lane in Nonesuch Way, Freeport is listed at $875,000. That is 284% above Nonesuch Way's median closed sale of $228,000 over the last 12 months (7 recorded sales). It has been 92 days on market, longer than the community's typical 14 days to contract. Listing facts: built in 2018, waterfront. The parcel maps to FEMA flood zone X, outside the special flood hazard area. Figures are from the MLS record and county data; deemed reliable but not guaranteed.
No CDD assessment on record
Built 2018 · 8 yrs
2-car garage
92 days on market
HOA ~$50/mo (estimate; confirm)
Momentum Research · NONESUCH WAY
Pricing & the NONESUCH WAY market
How this home is priced against recent nearby sales, and where NONESUCH WAY has been over 25 years. Momentum Research analysis of emeraldcoast records; closed sales, deemed reliable but not guaranteed. Estimates only; see data notes.
Median sale price by year
12-month median closed price, 2016–2026.
Market Heat by year (0–100)
Momentum Market Heat, 2019–2026. Now 49 (normal).
Property timeline
This home’s history
2018BuiltPer public record
Aug 4, 2026First trackedObserved at $875,000
Aug 7, 2026Price cut$849,000
NowActiveCurrently for sale
Build year is from public record. Listing milestones reflect movewithmomentum.com’s own observations since we began tracking this listing and are not the MLS listing history; dates and prices are deemed reliable but not guaranteed.
Financing
Estimated monthly payment
$5,616/mo
Principal & interest $4,522/mo81%
Taxes $766/mo14%
Insurance $279/mo5%
HOA $50/mo1%
$5,616/mo at 20% down, 30-yr @ 6.71% · edit any field to update.
Strongest on: Buyer competition (100), Flood safety (90)
0 limited50100 exceptional
68/100 is solid, mid-pack across the objective indicators below. It reflects only those measures — not the home’s quality, condition, or desirability.
A 0-100 score built from objective property and market data: flood risk, insurance, pricing, supply, affordability, and recent sales. Higher means more measures line up in a buyer’s favor. It reflects only the factors below.
Affordability0
List price $875,000 vs the community median $228,000. Not a measure of personal affordability.
Flood safety90
FEMA Zone X, ~7 ft elevation. Verify the parcel with FEMA.
Insurance cost80
From FEMA Zone X and a 2018 build. Obtain a property-specific quote.
Market liquidity89
Community median 14 days on market (12-month record).
Buyer competition100
0% of recent closings here paid cash. A higher cash share means more competition from buyers who don't need financing (lower score).
Pricing power63
Recent sales closed at about 95.4% of original asking (~4.6% below). More room below asking generally favors buyers.
Market timing51
Momentum Market Heat is 49/100 (normal). Cooler readings generally favor buyers; hotter readings favor sellers.
Momentum Scores are objective, rules-based indicators computed from listing facts, public records, and recent nearby sales. They are not appraisals, valuations, investment advice, or judgments about a neighborhood or who should live there. Verify independently.
Momentum Research
The Momentum read
52% of homes in NONESUCH WAY are owner-occupied. An estimated 48% are non-owner-occupied, including 11% held in a company or trust and 15% out-of-state owners.Why it matters: a high owner-occupied share typically means fewer rentals nearby and steadier resale demand.Source: Florida Department of Revenue 2025 assessment roll (public records), 403 homes matched. Community-level context.
Recent NONESUCH WAY sales closed near 95.4% of original asking. Cash paid for about 0% of recent closings here.Why it matters: the community’s own record shows how far opening prices typically move, and how often buyers compete without financing.Momentum Research analysis of Emerald Coast MLS records, community-level, 12 months ending July 25, 2026. Aggregates only; deemed reliable but not guaranteed.
What’s unique here: one of only 3 active listings in NONESUCH WAY, no CDD assessment.
Updated September 10, 2026 · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
Listing description
About this home
Tucked along the bayou in Freeport, just north of the 331 bridge, this single-story residence offers a quiet, relaxed approach to waterfront living just minutes from 30A. Positioned directly on the water, the property is anchored by a private dock with covered seating and approximately five-minute access to the bay and open water. Spend mornings heading out for a quick boat ride, afternoons on the water, or evenings unwinding at the dock as the sun sets.
It's a setup that makes it easy to enjoy the water regularly, whether you're boating, fishing, or simply taking in the setting. Built in 2018 and meticulously maintained, the home features a light-filled, open-concept layout that connects the kitchen, dining, and living spaces. Large windows draw in natural light and frame views of the bayou, creating a comfortable, easy flow throughout.
The kitchen is both functional and well-finished, offering quartz countertops, shaker-style cabinetry, stainless steel appliances, and an oversized island suited for everyday living and casual gatherings. The layout is clean and practical. The primary suite is positioned at the rear of the home to take advantage of the water views and includes a walk-in closet with direct access to the laundry room, along with a spacious bath featuring dual vanities and a walk-in shower.
A true second bedroom sits at the front, while an additional enclosed space off the main living area offers flexibility as an office, sunroom, or potential third bedroom. Outdoor living is equally considered. A screened porch overlooks the bayou, with additional space for grilling and gathering.
Beneath the oversized carport, a private sauna adds a refined layer to the home's outdoor experience. Additional features include a two-car garage, covered RV parking with power and water hookups, and a dual-fuel whole-house generator capable of running on gasoline or LP. Set along a quiet, single-street stretch with no HOA, the property offers a sense of calm and space while remaining close to Freeport, the 331 corridor, and the beaches of 30A.
Description provided by Scenic Sotheby's International Realty and reproduced from the MLS; not independently verified.
Property facts & sources
Every fact, sourced
Listing data, public records, our calculations, and what to verify — each fact shown once. Estimates and calculations shown are for general information only, are not appraisals or advice, and should be independently verified.
Listing facts MLS
List price$875,000
Bed / bath2 / 2
Year built2018
Property typeDetached Single Family
Garage2-car
MLS #1001471
Listing status92 days on market
Public records & third-party data
FEMA flood zoneZone X
Ground elevation~7 ft
Windstorm exposureLow
CountyWalton
Area listings3 active · 0 under contract
Estimated first-year tax~$9,188/yr
CDD assessmentNone on record
HOA (estimate)$50/mo
Calculated estimates
Estimated monthly payment$5,616
Insurance (illustrative)$2k–$5k/yr
Comparable-sales median$228,000
Buyer should verify Buyer verify
Exact HOA dues, fees, and restrictionsRoof age and conditionHVAC age and conditionA property-specific insurance quoteSurvey and lot boundariesPermit historyFlood-insurance requirementsSchool zoning (confirm with the district)Property taxes after sale (homestead reset)CDD / community assessmentsSquare footage and room dimensions
Active listings nearby at a comparable size and price. Listings held by brokerages other than Momentum Realty are marked with the listing broker. Deemed reliable but not guaranteed.
Listed for $875,000Momentum Realty · on market 92 days
Public records
Building permits
Permit history not yet linkedConfirm permit history with the county building department.
Estimated ownership costs
Estimated costs & disclosures
Estimated ownership costs for general information. Confirm each with the county, your lender, and an insurer. See data & estimate notes.
Property tax (first-year est.)
~$9,188/yr
A rough first-year estimate only, applying a typical Walton rate to the list price before any exemptions. Florida bills vary substantially after reassessment, homestead and other exemptions, and local taxing districts — this is not your expected bill. Confirm with the county property appraiser.
CDD assessment
None
No CDD assessment on record for this community.
Insurance (illustrative range)
$2k–$5k/yr
An illustrative modeled range, not based on carrier underwriting and not a quote. Florida premiums vary significantly by roof age, wind-mitigation features, claims history, and carrier — a real quote can land well outside this range. Flood insurance not federally mandated (Zone X). Get a quote from a licensed insurer before relying on any figure.
HOA
$50/mo
Covers the master association & common areas. Confirm exact dues and what they include.
Environmental data
Flood zone & elevation
Sourced environmental data for the parcel. Confirm with FEMA and your insurer.
FEMA flood zone
Zone X
From the FEMA National Flood Hazard Layer. In this zone lender-required flood insurance is generally not mandated; confirm for the parcel.
Ground elevation
~7 ft
Approximate parcel elevation from USGS; confirm exact elevation with a survey.
Windstorm / insurance
Obtain a quote
This is a coastal Florida county. Premiums and coverage vary by home; obtain a quote from a licensed insurer.
Connectivity
Internet & broadband
Fiber
Check availability
AT&T Fiber covers much of NE Florida; confirm availability at the address.
Cable
Likely
Xfinity/Spectrum cable broadband is widely available.
5G Home
Backup
T-Mobile / Verizon fixed-wireless as a backup option.
Seen enough photos?
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Listed by Scenic Sotheby's International Realty · MLS # 1001471
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Market data · public records
Recent sales activity in NONESUCH WAY
Recent comparable closed sales near this home, from public records. Summary figures are for general reference only and are not a valuation of this property. See the NONESUCH WAY neighborhood guide for more.
Comparable sales found
0
Recent nearby closings in the data set.
Community median sale price
$228,000
Canonical 12-month median closed price. Reference only.
Community median $/sq ft
$0
Canonical 12-month median $/sq ft. Reference only.
Go deeper on NONESUCH WAY
See schools, amenities, builders, HOA/CDD detail, and every active & sold home in the community — the single biggest advantage of buying here over a portal.
Recent local developments near this home, compiled from news and public sources. Provided for general information; verify details with the original source.
Jul 2026 · Infrastructure
Scenic Walton advances underground utilities and gateway landscape projects
Scenic Walton reported progress on countywide initiatives, including a $200,000 Freeport U.S. 331 gateway landscape project supported by a $100,000 FDOT Highway Beautification Grant, plus a 30A West gateway landscape project and early planning for countywide underground utilities. Funding for the utilities study advanced into Walton County's draft budget for fiscal year 2026 to 2027.
Why it matters: Advances roadway beautification and stormwater improvements along the Freeport U.S. 331 corridor and the 30A west gateway and lays groundwork for utility resilience upgrades across Walton County. The project is about 21 miles east of Nonesuch Way, elsewhere in Walton County.
DeSantis signs state budget with funding for Okaloosa County projects
Governor DeSantis signed the state budget that included roughly $15 million for 20 Okaloosa County projects, among them $5 million for the Northwest Florida State College Workforce Innovation Center in Niceville, $1.5 million for Shalimar Bridge Park, and $3 million for Destin road and drainage work. About $7.26 million in other local requests were vetoed.
Why it matters: Directs state funding toward workforce, park, road, and drainage infrastructure across Okaloosa County, supporting public facilities and capacity in Niceville, Shalimar, and Destin. The site is about 6 miles south of Nonesuch Way.
Schools currently assigned to this address in Walton County, provided as neutral factual data. Assignments can change — confirm current zoning with the school district. This is not a statement about the home's suitability for any person or family.
GRADEA
FreeportAssigned elementary school · Walton County School District · Grade A (Florida DOE 2025-26)
FreeportAssigned middle school · Walton County School District
GRADEA
FreeportAssigned high school · Walton County School District · Grade A (Florida DOE 2025-26)
Assigned schools per the MLS listing — assignments can change; confirm current zoning with the district. Browse school-zone pages →
How it stacks up
Comparable recent sales
Recent closed sales nearby, with photos, so you can compare. Sold prices are public record, deemed reliable but not guaranteed.
No closely comparable recent sales were found in this data set.
If you rent it out
Investment snapshot
Objective rental and cash-flow estimates for a buyer weighing this as an investment. Rough figures for general information only — not a guarantee of rent, an appraisal, or investment advice. Verify independently.
Estimated rent$4,010 – $5,833/moa rough gross-rent-yield range on list price (comp-based estimate coming).
Estimated cap rate4.6%Net operating income ÷ list price; excludes financing.
Est. monthly cash flow−$1,724 – −$84At 25% down, 30-yr; after a 10% vacancy/maintenance/management reserve.
Before you decide
Buyer research checklist
Items worth confirming for 198 Waterside Lane, chosen from what the record shows. This is general guidance, not advice about this specific property.
Built in 2018: confirm the roof and HVAC install dates and whether any builder or manufacturer warranty transfers.
Confirm whether a mandatory HOA applies to this parcel and what it charges.
FEMA flood zone X: flood insurance is not usually required, but get a quote anyway — FEMA reports roughly one in four flood claims come from outside high-risk zones.
Get a homeowners insurance quote for this specific address in Walton County; a wind-mitigation inspection and, on older homes, a four-point inspection can change the premium.
Waterfront: confirm seawall or dock condition and permits, and ask who owns and maintains the shoreline.
Confirm square footage and room dimensions independently.
Order a survey to confirm lot boundaries and easements.
Review permit history with the county.
Property taxes: the estimate on this page (about $9,188/yr) assumes reassessment at the list price; the seller's homestead cap does not transfer, so their current bill is not a guide.
School zoning shown here comes from district data and changes; confirm the assigned schools directly with the district before relying on them.
Nearby & commute
Approximate distances
Approximate drive times for general reference only.
City
Freeport
Groceries, dining, and parks for this city — see the city guide.
Emerald Coast MLS, refreshed twice daily (last: September 10, 2026)
Community market stats
Emerald Coast MLS closed sales, as of July 25, 2026
Flood zone & elevation
FEMA flood maps + USGS elevation (Zone X shown above)
Taxes & monthly cost
Estimated from county rates; not a quote
Insurance figure
Modeled estimate; obtain a real quote before offering
Schools
2025-26 district assignments; verify with the district
Momentum Research lines are our own analysis of Emerald Coast MLS records; MLS data is deemed reliable but not guaranteed. Estimates are informational, not appraisals or advice. Methodology: how Momentum scores are computed.
Answered before you ask
Frequently asked questions
How big is 198 Waterside Lane and when was it built?
Per the listing record, 198 Waterside Lane was built in 2018 and has 2 bedrooms and 2.0 bathrooms. Living area and lot size come from the MLS record and should be verified against the county property appraiser.
What community is 198 Waterside Lane in?
198 Waterside Lane is in Nonesuch Way in Freeport, Walton County. The community section on this page shows recent closed sales, days on market, and active inventory for Nonesuch Way from the same MLS data.
Why might property taxes on 198 Waterside Lane differ from the current owner's?
The estimate on this page (about $9,188 per year) assumes reassessment at the list price. Florida's Save Our Homes rule caps annual assessment increases for homesteaded owners, and the assessment resets after a sale, so a new owner's bill may differ from the seller's. Any tax figure shown here is an estimate, not the actual bill — confirm with the county property appraiser and tax collector.
Is 198 Waterside Lane in a flood zone?
The FEMA flood map places this parcel in Zone X, outside the special flood hazard area, so flood insurance is not usually required by a lender. It is still available and worth quoting; confirm the parcel's status with FEMA and your insurer.
Can I rely on the figures on this page?
No. Estimated taxes, insurance, payments, and any market or comparable-sales summary are opinions and estimates for general information only and should not be relied upon. Verify all information independently before making any decision.
Ready when you are
See 198 Waterside Lane in person
Private tours available 7 days a week, in person or by live video walkthrough. Request a tour or send a question and a licensed Momentum Realty agent will follow up.
Opinion & estimate — do not rely on this page. Any figure on this page that is not a verbatim fact from the listing or a public record — including estimated property taxes, insurance, CDD/HOA amounts, mortgage payments, comparable-sales summaries, and market statistics — is an opinion and estimate provided for general informational purposes only. These figures may be inaccurate or out of date, are not appraisals, valuations, or financial, legal, tax, or investment advice, and should not be relied upon. Do not make any purchase, offer, financing, or other decision based on this page. Independently verify everything — price, square footage, lot size, year built, taxes, CDD/HOA, flood status, school assignments, permits, and community rules — with the listing broker, the county, your lender, a licensed inspector, an insurer, and your own advisors before acting.
Estimate methodology. Tax estimates apply a typical county millage rate to the list price and will differ from the actual assessed bill. Cost and market figures are derived from available data and simple calculations, not a professional appraisal. We make no representation that any estimate reflects fair market value.
Equal Housing Opportunity. Content on this page is compiled from public records, MLS data, and automated sources and may contain errors or be out of date. It is general information only, not a representation about any specific property, community, builder, or association. Verify information independently before relying on it. Momentum Realty supports the Fair Housing Act and does not discriminate on the basis of race, color, religion, sex, handicap, familial status, national origin, sexual orientation, or gender identity. Information about schools, distances, and amenities is provided as neutral factual data to help you research the property and is not a statement about who should or should not live here or the suitability of the home or neighborhood for any person or group. School data may change — confirm current assignments with the school district.
Found an error? If you are the owner, listing agent, or a party to this property and believe any information is inaccurate, email and we will review and correct or remove it promptly.
Automated content. Some summaries, distances, and estimates on this page are generated automatically from public and proprietary data sources and may contain errors or omissions. We strive for accuracy but cannot guarantee the completeness or accuracy of any information. Verify anything important independently.
No warranty; measurements & photos. No guarantee, warranty, or representation of any kind is made regarding the completeness or accuracy of any information, descriptions, or measurements on this page — including square-footage measurements and property condition — all of which should be independently verified through appropriate means, including in-person inspection and public records. Photographs may be virtually staged or digitally enhanced and may not reflect actual property conditions. Momentum Realty and its agents expressly disclaim any liability in connection with the information provided.
Sold price and details are from public records and the MLS, deemed reliable but not guaranteed. Shown for comparison only — not an appraisal or a statement of this home's value.
