Active

208 Pinewood Ln

Pensacola, FL 32507
Mark as Favorite
Bed 2

Bed

Bath 0

Bath

SqFt2,914

Sqft

Acres0.48

Acre(Lot)

INVESTOR OPPORTUNITY ON BAYOU CHICO! Rare chance to own a unique waterfront compound with multiple income-producing possibilities on beautiful Bayou Chico. This one-of-a-kind property includes a charming 2-bedroom, 2 bath main residence situated directly on the water with private dock access, plus a separate 1-bedroom, 1-bath waterfront cottage ideal for rental income, guest accommodations, or multi-generational living. Cottage has 837 square feet of living space. Duplex offers 1152 total square footage. Main home offers 2914 Square foot of living space. Adding even more value is an additional detached structure, equipped with plumbing and electrical, offering endless possibilities for a pool house, workshop, studio, home office, man cave, she shed, or future expansion opportunities. A t the front of the property sits a duplex with a shared driveway, creating additional investment potential. The seller is offering both parcels together as one package and will not consider separating the properties, making this a truly unique opportunity for investors, developers, or buyers seeking a waterfront family compound. With multiple structures, waterfront access, a private dock, and tremendous income-producing potential, this Bayou Chico property is ready for its next vision. Schedule your showing today and explore the possibilities!

Read More Expand

Detail Ic Property Details

Property Type : Residential

Price : $725,000

AD Id : 87878681

MLS Id : 685685

Beds : 2

Lot Size : 0.48 Acre

Living Area Size : 2,914

Year Built : 1947

County : Escambia - Fl

Subdivision: Westerly Heights

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bathroom Information

    Full Baths: 2

    Kitchen Information

    Dining Room Remarks: Breakfast Bar, Living/Dining Combo Kitchen Dimensions: 10x10 Kitchen Room Remarks: Not Updated, Solid Surface Countertops

    Room Information

    Total Bedroom: 2 Living Room Dimensions: 10x10 Window Feature: Double Pane Windows, Storm Window(s), Shutters, Impact Resistant Windows
  • Flooring Information

    Hardwood
  • Roofing Information

    Shingle
  • Interior Features

    Storage, Baseboards, Ceiling Fan(s), High Ceilings, High Speed Internet Roof: Shingle Appliances: Tankless Water Heater/Gas, Built In Microwave, Dishwasher Laundry Features: Inside, W/D Hookups, Common Area
  • Heating & Cooling

    Heating: Central Cooling: Central Air, Ceiling Fan(s) Water front: Yes

  • Building Information

    Year Built: 1947 Construction Materials: Brick Security System: Smoke Detector(s)
  • Exterior Features

    Balcony, Fire Pit, Irrigation Well, Dock
    Foundation Details: Slab
    Porch: Porch
  • Pool Information

    None

  • Lot Information

    Lot Size Area: 0.48 Lot Size Units: Acres Lot Square Feet: 20,909 Lot Acres: 0.48 Waterfront: Bayou, Waterfront, Natural Stories: 2 Main Square Feet: 0.48

    Property Information

    Property Type: Residential Sub Type: Single Family ResidenceStyle: Contemporary SQ ft (Living Area): 2,914 Subdivision: Westerly Heights

  • Listing Price Information

    Original Listing Price: $725000

  • Tax Information

    Parcel Number: 382S301000008001

  • Parking Information

    2 Space/Unit

  • Elementary School: West Pensacola
    Junior High School: WARRINGTON
    Senior High School: Pensacola
  • Utility Information

    Cable Available
  • Location Information

    Direction: West on Garden Street to Navy Blvd. Cross over bridge. After the second bridge, take immediate right on Pinewood. Duplex on right.
Sell a home like this and save $43,001 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
510 Windrose Cir, Pensacola, FL, 32507 $850,000 3 3 3,359 3,359 SqFt
209 Bayshore Dr, Pensacola, FL, 32507 $1,200,000 4 4 3,300 3,300 SqFt
3161 Olde Barrancas Ave.., Pensacola, FL, 32507 $1,100,000 3 4 2,240 2,240 SqFt
3161 Olde Barrancas Ave.., Pensacola, FL, 32507 $1,100,000 3 4 2,240 2,240 SqFt
3161 Olde Barrancas Ave.., Pensacola, FL, 32507 $1,250,000 3 4 2,240 2,240 SqFt
3161 Olde Barrancas Ave.., Pensacola, FL, 32507 $1,250,000 3 4 2,240 2,240 SqFt
3161 Olde Barrancas Ave.., Pensacola, FL, 32507 $1,250,000 3 4 2,240 2,240 SqFt
3161 Olde Barrancas Ave.., Pensacola, FL, 32507 $1,100,000 3 4 2,240 2,240 SqFt
3161 Olde Barrancas Ave.., Pensacola, FL, 32507 $950,000 3 4 2,240 2,240 SqFt
3161 Olde Barrancas Ave.., Pensacola, FL, 32507 $1,000,000 3 4 2,240 2,240 SqFt

Copyright © 2026 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 07/12/2026 @ 21:05

MLS: 685685 LISTED BY: Erik Hansen, KELLER WILLIAMS REALTY GULF COAST 850-471-5000 SOURCE: Pensacola MLS

Homes around $725,000

Selling? Save $43,001 when you sell a home like this

Tour with a ByOwner Agent