$375,000
$110K PRICE DROP

4608 Riley Rd Milton, FL 32583

Estimated payment $2,208/month

Total Views 6,519
3 Beds
3 Baths
2,464 Sq Ft
$152 Price per Sq Ft

Highlights

  • Lake Front
  • Colonial Architecture
  • Laundry Room
  • 1.16 Acre Lot
  • No HOA
  • Central Heating and Cooling System

About This Home

A Waterfront Gem with Unlimited Potential! Welcome to serenity and spacious living on gorgeous Lake Bagdad! This two-story lakefront home sits on approximately 1.2 private acres with over 200 feet of water frontage, a rare find that combines natural beauty, generous space, and incredible potential. Inside, you'll find 3 bedrooms and 3 full bathrooms laid out across a flexible floor plan with two fully equipped living spaces. Whether you're accommodating guests, family, or exploring rental possibilities, this layout delivers versatility. The home features over 2,400 square feet of space, including a large great room with sweeping lake views and a kitchen with ample counter and cabinet space that's just waiting for your personal touch. There's also a spacious 3-car carport ideal for storing vehicles, a boat, or weekend toys. Recent improvements include a newer roof, updated windows, 3 out of 4 new exterior doors, updated A/C units and handlers, a newer water heater, and refreshed upstairs living areas giving you a head start on modernizing while leaving room to make it your own. Step outside and soak up the peaceful lake lifestyle. Enjoy your mornings and evenings on the expansive deck right on the water, or spend the weekend fishing and kayaking from your private dock and boat launch. With over an acre of mature lakefront land, there's room for gardens, pets, or just relaxing in the sun. Originally built in 1975, the home has timeless charm and solid bones, and is ready for updates that will unlock its full potential. Whether you're an investor, a visionary renovator, or a family dreaming of a lakefront retreat, this is the opportunity you've been waiting for. Located in a quiet, private setting with no HOA restrictions, you still get the convenience of being just a short drive to all that Milton has to offer. This home is priced right, giving you the flexibility to make it your own while building equity. BUYER TO VERIFY ROOM MEASUREMENT. SHORT SALE

Listing Agent

Nick Brown

Coldwell Banker Realty Listed on: 07/09/2025

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1975

Lot Details

  • 1.16 Acre Lot
  • Lake Front

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,464 Sq Ft Home
  • 2-Story Property
  • Combination Kitchen and Dining Room
  • Lake Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Parking Spaces
  • 3 Carport Spaces

Schools

  • Bagdad Elementary School
  • R. Hobbs Middle School
  • Milton High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 091N280000015060000

Home Details

Home Type

Single Family

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Stories: 2
  • Parcel Number: 091N280000015060000
  • Property Type: Residential
  • Year Built: 1975
  • Electric: Circuit Breakers
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.16
  • Lot Size: 212X198
  • Subdivision Name: None
  • Directions: Head south-east on Parkmore Plaza Dr, Turn left onto Old Bagdad Hwy, Turn left onto Riley Rd, Destination will be on the right.
  • Architectural Style: Colonial
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Heat Pump
  • Property Attached Yn: No
  • Kitchen Level: Second
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: See Remarks
  • Living Area: 2464
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: Kitchen/Dining Combo
  • Living Room Living Room Level: Second
  • Room Kitchen Features: Not Updated

Exterior Features

  • Roof: Composition
  • Pool Features: None
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake, Waterfront, Natural
  • Waterfront: Yes
  • Construction Type: Frame
  • Foundation Details: Slab
  • Property Condition: Resale

Garage/Parking

  • Carport Spaces: 3
  • Covered Parking Spaces: 3
  • Parking Features: 3 Car Carport
  • Total Parking Spaces: 3

Utilities

  • Heating: Central
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Schools

  • Elementary School: Bagdad
  • High School: Milton
  • Middle Or Junior School: R. HOBBS

Lot Info

  • Lot Size Sq Ft: 50529.6
  • Zoning Description: Res Single

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2025 $2,830 $251,939 $38,808 $213,131
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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2025 11/06/25 Price Changed $375,000 -6.2% $152 / Sq Ft
10/29/2025 10/29/25 Price Changed $399,900 -4.8% $162 / Sq Ft
09/29/2025 09/29/25 Price Changed $419,900 0.0% $170 / Sq Ft
09/29/2025 09/29/25 For Sale $419,900 -8.5% $170 / Sq Ft
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
07/15/2025 07/15/25 Price Changed $475,000 -2.1% $193 / Sq Ft
07/09/2025 07/09/25 For Sale $485,000 +18.3% $197 / Sq Ft
04/24/2024 04/24/24 Sold $410,000 -3.5% $166 / Sq Ft View Prior Sale
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 View Prior Sale
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 View Prior Sale
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
Source: Pensacola Association of REALTORS®

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
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $418,815 VA
Closed $418,815 VA
Source: Public Records

Source: Pensacola Association of REALTORS®

MLS Number: 667459

Pensacola Association of REALTORS®

APN: 09-1N-28-0000-01506-0000