Magnificent one owner, custom built waterfront estate in

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Home For Sale

161 NW Beal Parkway

Fort Walton Beach, Florida 32548

Okaloosa County

Waterfront: Yes

Community: BAYOU S/D replat

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$1,850,000 4 br, 3.0 bath 3174 sq. ft. 0.650 acres

Magnificent one owner, custom built waterfront estate in coveted/protected Cinco Bayou--offered for the first time on the market. This impeccably maintained, single level 4 bedroom, 3 bath home showcases exceptional craftsmanship, deep water access, and stunning unobstructed waterfront views from the master suite, great room, chef's kitchen, and guest room. Built with all brick construction, soaring 11-13 ft ceilings, impact rated windows and doors, a geothermal energy system, and beautifully landscaped grounds, the property delivers both elegance and efficiency. The expansive covered lanai with a full outdoor kitchen creates effortless indoor outdoor living, while the oversized 3 car garage with deep bays and attic storage provides abundant space for vehicles and hobbies. (see remarks) This home has beautiful hardwood floors and are in pristine condition. A covered dock with a 2012 commercial grade seawall, boat lift, electricity, and fresh water makes boating a breeze. With no HOA and ample room to add a pool, build an accessory dwelling unit, park an RV, or store a boat trailer, the flexibility is unmatched. Minutes by boat to the Destin Pass, Choctawhatchee Bay, the Intra-coastal waterway, and the Gulf of America, this home is an a avid boater's/fisherman's dream, a great get-a-way for an out of town owner, or a perfect place to live year round. In a market where undeveloped waterfront lots alone are exceeding $1M--and where new construction or reconstructive renovations require significant time and investment which could easily exceed $700K --this move-in ready custom home offers exceptional quality, value, and the opportunity to enjoy the waterfront lifestyle almost immediately.

Interior:
  • Bedrooms: 4
  • Baths: 3.0
  • Sq Ft: 3174
  • Year Built: 2012
  • Utilities: 
  • Fireplaces: 
  • Stories: 1
  • Heat/AC: Geothermal (Heating)
  • Garage: 
Exterior:
  • Lot Size: 0.650 acre
  • Lot Dimensions: 
  • Waterfront: Yes
  • View Types: 
  • Yard: 
  • Siding: Brick, Roof Pitched
  • Roof: 
  • Property Taxes: $8,889
  • MLS #: 1001258
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Contact Information:
Beach Home For Sale in Fort Walton Beach, Florida
Listing Agent: Diane E Cheng, world Impact real estate, 404-713-0071, 850-225-7000 Listing Site, Listing Status: Active
Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7609578
Viewed 23 times.
Updated: Apr 27, 2026

This property is a Home located at 161 NW Beal Parkway, Fort Walton Beach, Florida 32548, and is currently For Sale at $1,850,000. This Home has 4 bedrooms, 3.0 baths, 3174 sq ft.