If you've been searching for that perfect home in Hammock Bay and waiting for one at a price that just instantly makes sense, you've found it. 305 This Way is priced aggressively for a quick sale all while offering over 2500 square feet, 5 bedrooms, 3 baths and on a large corner lot. Once inside, you'll find an open floorplan that flows effortlessly. Immediately upon entering you'll find 1 of 2 additional family rooms. The open living, kitchen and dining areas offer plenty of space to relax or entertain. Upstairs you'll find 4 of the bedrooms plus the 2nd family room, perfect for a kids' play area, office or additional living space. And the master bedroom - generously oversized at 13X20 feet with an equally impressive master bath and walk-in closet. And the oversized proportions extend outside into the large backyard which is a blank canvas waiting for your personal touch - gardens, pool, outdoor kitchen - endless possibilities. Hammock Bay is a lifestyle community with amenities for everyone. Amenities such as the Freeport Regional Sports Complex, bayfront pier & boat dock, multiple community pools, impressive fitness center, tennis, and onsite food and entertainment options. Hammock Bay is located in the heart of Freeport and is conveniently located within 30 minutes of South Walton's sugar white beaches. Come see this one for yourself before it's gone.
For sale
Price cut: $10K (11/19)
$447,000
305 This Way, Freeport, FL 32439
5beds
2,535sqft
Est.:
Single Family Residence
Built in 2020
7,405.2 Square Feet Lot
$443,500 Zestimate®
$176/sqft
$180/mo HOA
What's special
Large backyardAdditional family roomsOpen floorplanLarge corner lotImpressive master bathBlank canvasWalk-in closet
- 95 days |
- 656 |
- 51 |
Zillow last checked: 8 hours ago
Listing updated: November 19, 2025 at 03:19am
Listed by:
Brett M Bianca 850-460-4380,
Compass
Source: ECAOR,MLS#: 984817
Originating MLS: Emerald Coast
Originating MLS: Emerald CoastTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Level: Second
Kitchen
- Level: First
Living room
- Level: First
Heating
- Electric
Cooling
- AC - 2 or More, Electric
Appliances
- Included: Electric Water Heater
Features
- Bedroom, Dining Area, Family Room, Kitchen, Living Room, Master Bathroom, Master Bedroom
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,535
- Total interior livable area: 2,535 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 2
- Exterior features: Dock, Tennis
- Pool features: Community
Lot
- Size: 7,405.2 Square Feet
- Dimensions: appro x . 60 x 125
Details
- Additional structures: Pavillion/Gazebo
- Parcel number: 181S19232130000480
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman Style
- Property subtype: Single Family Residence
Condition
- Construction Complete
- Year built: 2020
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Phone Connected, Cable Connected
Community & HOA
Community
- Features: Community Room, Fitness Center, Fishing, Pickleball, Picnic Area, Playground, Pool
- Subdivision: Hammock Bay/mill Cottages
HOA
- Has HOA: Yes
- Services included: Accounting, Management, Master Association, Recreational Faclty
- HOA fee: $540 quarterly
Location
- Region: Freeport
Financial & listing details
- Price per square foot: $176/sqft
- Tax assessed value: $385,078
- Annual tax amount: $5,112
- Date on market: 9/6/2025
- Cumulative days on market: 96 days
Estimated market value
$443,500
$421,000 - $466,000
$2,886/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/19/2025 | Price change | $447,000-2.2%$176/sqft |
Source:  ECAOR #984817 Report a problem | ||
| 10/30/2025 | Price change | $457,000-0.4%$180/sqft |
Source: ECAOR #984817 Report a problem | ||
| 9/24/2025 | Price change | $459,000-2.1%$181/sqft |
Source: ECAOR #984817 Report a problem | ||
| 9/6/2025 | Listed for sale | $469,000-10.7%$185/sqft |
Source: ECAOR #984817 Report a problem | ||
| 7/15/2022 | Listing removed | -- |
Source: Zillow Rental Network_1 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,112 +0.3% | $385,078 |
| 2023 | $5,099 +23.9% | $385,078 +28.9% |
| 2022 | $4,114 +12.6% | $298,749 +10% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,860/mo
Principal & interest
$2178
Property taxes
$346
Other costs
$336
Climate risks
Neighborhood: 32439
Nearby schools
GreatSchools rating
- 7/10Freeport Middle SchoolGrades: 5-8Distance: 2.7 mi
- 8/10Freeport Senior High SchoolGrades: 9-12Distance: 6.1 mi
- 6/10Freeport Elementary SchoolGrades: PK-4Distance: 3.4 mi
Schools provided by the listing agent
- Elementary: Freeport
- Middle: Freeport
- High: Freeport
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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