4608 Riley Rd Milton, FL 32583
Estimated payment $2,645/month
Highlights
- Lake Front
- 1.2 Acre Lot
- Balcony
- Docks
- Colonial Architecture
- Covered Deck
About This Home
*Motivated Seller! Offering $500 EMD, Buyer Closing Cost Assistance, and Home Can Be Assumed!* A Waterfront Gem with Unlimited Potential! Welcome to serene lakefront living on gorgeous Lake Bagdad. This two-story home sits on approximately 1.2 private acres with over 200 feet of water frontage — a rare find that combines natural beauty, spacious living, and incredible potential. Inside, you'll find 3 bedrooms and 3 full bathrooms spread across a flexible floor plan with two fully equipped living spaces perfect for family, guests, or exploring rental possibilities. With over 2,400 square feet, the home features a large great room with sweeping lake views and a kitchen with ample counter and cabinet space ready for your personal touch. The spacious 3-car carport is ideal for vehicles, a boat, or weekend toys.
Recent updates give you a head start on modernizing: newer roof, updated windows, 3 out of 4 new exterior doors, refreshed A/C units and handlers, a newer water heater, and refreshed upstairs living areas all while leaving plenty of room to make the home your own.
Step outside to enjoy the ultimate lake lifestyle. Relax on the expansive waterfront deck, launch your kayak, or fish off your private dock. With over an acre of mature lakefront land, there's room for gardens, pets, or simply soaking in the sun.
Originally built in 1975, this home offers timeless charm, solid bones, and endless potential. Whether you're an investor, a visionary renovator, or a family dreaming of a private lakefront retreat, this is the opportunity you've been waiting for.
Located in a quiet, private setting with no HOA restrictions, yet just a short drive to all Milton has to offer, this home is priced to allow you flexibility while building equity.
This isn't just a property it's a lifestyle, a project, and a dream all in one. Come see what's possible on Riley Road and get ready to fall in love with lakeside living!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,391
Year Built
- Built in 1975
Lot Details
- 1.2 Acre Lot
- Lot Dimensions are 212 x 198
- Lake Front
- Property is Fully Fenced
Parking
- 3 Attached Carport Spaces
Home Design
- Colonial Architecture
- Frame Construction
- Composition Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,464 Sq Ft Home
- 2-Story Property
- Living Room
- Laminate Flooring
- Lake Views
- Laundry Room
Kitchen
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- 3 Full Bathrooms
Outdoor Features
- Docks
- Balcony
- Covered Deck
Schools
- Bagdad Elementary School
- R. Hobbs Middle School
- Milton High School
Utilities
- Central Air
Listing and Financial Details
- Assessor Parcel Number 09-1N-28-0000-01506-0000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,391 | $234,294 | $38,808 | $195,486 |
| 2023 | $2,391 | $192,451 | $26,139 | $166,312 |
| 2022 | $2,365 | $191,501 | $26,139 | $165,362 |
| 2021 | $2,192 | $168,550 | $26,139 | $142,411 |
| 2020 | $2,054 | $155,996 | $0 | $0 |
| 2019 | $1,914 | $143,940 | $0 | $0 |
| 2018 | $1,251 | $125,985 | $0 | $0 |
| 2017 | $1,176 | $123,394 | $0 | $0 |
| 2016 | $1,169 | $120,856 | $0 | $0 |
| 2015 | $1,192 | $120,016 | $0 | $0 |
| 2014 | $1,202 | $119,063 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/29/2025 08/29/25 | Pending | -- | -- | -- |
| 08/26/2025 08/26/25 | Price Changed | $459,000 | -1.3% | $186 / Sq Ft |
| 07/21/2025 07/21/25 | Price Changed | $465,000 | -2.1% | $189 / Sq Ft |
| 07/14/2025 07/14/25 | Price Changed | $475,000 | -2.1% | $193 / Sq Ft |
| 07/05/2025 07/05/25 | For Sale | $485,000 | +18.3% | $197 / Sq Ft |
| 04/24/2024 04/24/24 | Sold | $410,000 | -3.5% | $166 / Sq Ft |
| 04/14/2024 04/14/24 | Off Market | $425,000 | -- | -- |
| 03/16/2024 03/16/24 | Pending | -- | -- | -- |
| 11/27/2023 11/27/23 | For Sale | $425,000 | +6.3% | $172 / Sq Ft |
| 04/19/2023 04/19/23 | Sold | $400,000 | 0.0% | $162 / Sq Ft |
| 04/11/2023 04/11/23 | Pending | -- | -- | -- |
| 04/10/2023 04/10/23 | For Sale | $400,000 | +196.3% | $162 / Sq Ft |
| 08/10/2018 08/10/18 | Sold | $135,000 | 0.0% | $55 / Sq Ft |
| 07/20/2018 07/20/18 | Pending | -- | -- | -- |
| 07/19/2018 07/19/18 | Off Market | $135,000 | -- | -- |
| 07/11/2018 07/11/18 | For Sale | $150,000 | -- | $61 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $410,000 | Pensacola Title | |
| Warranty Deed | $410,000 | Pensacola Title | |
| Warranty Deed | $400,000 | Coastal Land Title | |
| Quit Claim Deed | -- | Attorney | |
| Special Warranty Deed | $135,000 | Premium Title Services | |
| Certificate Of Transfer | $142,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $418,815 | VA | |
| Closed | $418,815 | VA | |
| Previous Owner | $48,400 | Unknown | |
| Previous Owner | $28,772 | Stand Alone Second | |
| Previous Owner | $144,000 | Unknown | |
| Previous Owner | $47,988 | Unknown |
Source: Emerald Coast Association of REALTORS®
MLS Number: 980227
APN: 09-1N-28-0000-01506-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.