Estate Lot in Gated
For Sale
$840,500
Reserve At Hammock Bay lot 5, Freeport, FL 32439
LAND - Freeport, FL
Property SizeContact for details
Lot Size11.84 Acres
Days on Market263
Property Features for Reserve At Hammock Bay lot 5
General Information
Property type
Land
Property subtype
Other
Zoning
City, Deed Restrictions,
Subdivision
HAMMOCK BAY
Lot features
Irregular
Elementary school
Freeport
Middle school
Freeport
High school
Freeport
Directions
From Hwy 20 turn South onto CR 83 A East. Entrance to The Reserve will be about a mile on your right. Turn Rt. onto Solitude Way .
Standard status
Active
APN
20-1S-19-23100-000-0050
Lot size
11.84 Acres
Taxes and HOA fees
Tax Description
Lot 5 Reserve At Hammock Bay ,
HOA Fee
$225 Monthly
Legal Description
Lot 5 Reserve At Hammock Bay ,
Utilities
Sewer type
Septic Tank
Listing Agency:
Hammock Bay
(850) 835-7030
Listed By:
Gina M Walker · License #3138792
(850) 543-4991
Added: Nov 23, 2025
Changed: Jun 15
Last Checked: Aug 13 at 3:06AM
MLS# 990196
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.
Investment Insights
Based on property information with market context.
This offering is for an 11.84-acre estate lot at The Reserve at Hammock Bay, a deed-restricted community designed for larger homesites. The property is presented as a land parcel to build your residence, with no build-out time frame referenced in the listing remarks. The Reserve includes an Architectural Review Code and team guidance to support consistent exterior design and neighborhood standards.
The Reserve at Hammock Bay is described as a gated neighborhood with private roads and internal improvements, within a larger planned development totaling 723+/- acres. The community is noted to include 42 homesites, and the listing remarks describe additional site variety within the development ranging from 3 to 80 acres. Utilities are referenced as underground, with natural gas and fiber internet also available.
For buyers seeking space for an expanded homestead layout, this parcel provides acreage within a controlled-use setting. The combination of deed restrictions, architectural review oversight, and private internal roads may appeal to those looking for a development-managed environment rather than standalone rural lots. Buyers can review the Architectural Review Code and the stated community requirements as part of their planning for the residence and site improvements.
The Reserve at Hammock Bay is described as a gated neighborhood with private roads and internal improvements, within a larger planned development totaling 723+/- acres. The community is noted to include 42 homesites, and the listing remarks describe additional site variety within the development ranging from 3 to 80 acres. Utilities are referenced as underground, with natural gas and fiber internet also available.
For buyers seeking space for an expanded homestead layout, this parcel provides acreage within a controlled-use setting. The combination of deed restrictions, architectural review oversight, and private internal roads may appeal to those looking for a development-managed environment rather than standalone rural lots. Buyers can review the Architectural Review Code and the stated community requirements as part of their planning for the residence and site improvements.
Key Highlights
- Large 11.84 acre estate lot perfect for building a custom homestead.
- Exclusive gated community with only 42 homesites on 723 acres, offering privacy and refined living.
- No build‑out time frame, allowing flexible construction scheduling.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
24
Businesses Nearby
Explore this area
Business Placement
Demographics for 32439, FL
12,943
Population
6,772
Households
1.9
Avg Household Size
41
Median Age
30%
College-Educated
92%
High-School Grad
96.5 sq mi
ZIP Area
134
Density / Sq Mi
$77,500
Median Household Income
$40,358
Median Earnings
$1,657
Median Rent
$343,900
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - 11.84-acre homesite in a deed-restricted, gated development with private roads and underground utilities.
Where is this residential land & home lot located?
The property is located at Reserve At Hammock Bay lot 5 Freeport, FL.
What is the asking price?
The asking price for this property is $840,500.
What are key features of this property?
This property features: Large 11.84 acre estate lot perfect for building a custom homestead.; Exclusive gated community with only 42 homesites on 723 acres, offering privacy and refined living.; No build‑out time frame, allowing flexible construction scheduling.
