$1,160,000
SOLD MAR 9, 2026

5517 Bay Meadows Dr Milton, FL 32583

4 Beds
4 Baths
3,218 Sq Ft
80,150 Sq Ft Lot

Sale Details

Date Sold: March 9, 2026

$360 Per Sq Ft

7% Below List Price

59 Days on Market

Highlights

  • Beach Access
  • Property Fronts a Bay or Harbor
  • Updated Kitchen
  • Parking available for a boat
  • Heated In Ground Pool
  • 1.84 Acre Lot

About This Home

As of March 2026

Experience the best of waterfront living with your own piece of paradise overlooking beautiful Escambia Bay in Milton, FL. Conveniently located just 5 minutes from I-10 and only 30 minutes to downtown Pensacola or the area’s pristine beaches, this property offers both serenity and accessibility. Situated on 1.84 acres with 195 feet of water frontage, the home is beautifully landscaped and includes a fully stocked pond. Inside, you’ll find 4 bedrooms, 4 bathrooms, and 3,218 sq. ft. of thoughtfully designed living space. Hardwood floors, travertine, and expansive windows showcase stunning views from nearly every room. The large kitchen and spacious living areas provide the perfect setting for everyday living or entertaining. A formal dining room and a cozy sitting room—ideal for playing guitar with friends and family—add to the home’s charm. For those who work from home, the office offers inspiring water views with a full bath conveniently nearby. Upstairs, the main bedroom features its own private screened-in porch, perfect for enjoying your morning coffee as the sun rises or unwinding with a cocktail at the end of the day. The upper level also includes a mother-in-law suite and two additional bedrooms connected by a Jack-and-Jill bath. Outside, enjoy magnificent sunsets and an enclosed, heated gunite pool for year-round relaxation or entertaining. The property also offers a 2-car garage, generous workspace below, and ample room for your boat or RV. This stunning home is ready to welcome its next owner. Call today to schedule your private tour.

Last Agent to Sell the Property

Kimberly Leighton

JANET COULTER REALTY Listed on: 11/21/2025

Last Buyer's Agent

CYNTHIA SPENCE

LPT Realty

LPT Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1989

Lot Details

  • 1.84 Acre Lot
  • Property Fronts a Bay or Harbor
  • Cul-De-Sac

Parking

  • 2 Car Garage
  • Oversized Parking
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Circular Driveway
  • Guest Parking
  • Parking available for a boat
  • RV Access or Parking

Home Design

  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Shingle Roof
  • Steel Siding

Interior Spaces

  • 3,218 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Ceiling Fan
  • Fireplace
  • Double Pane Windows
  • Blinds
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Screened Porch
  • Inside Utility
  • Washer and Dryer Hookup
  • Bay Views

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Down Draft Cooktop
  • ENERGY STAR Qualified Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Travertine

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • 4 Full Bathrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Insulation

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Screen Enclosure

Outdoor Features

  • Beach Access
  • Balcony
  • Covered Deck
  • Lanai

Schools

  • Bagdad Elementary School
  • Avalon Middle School
  • Milton High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Agricultural Well Water Source
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 101S280000003050000

Home Details

Home Type

Single Family

Year Built

Built in 1989

Lot Details

1.84 Acres

Parking

2

Listing Details

  • Stories: 3
  • Parcel Number: 101S280000003050000
  • Property Type: Residential
  • Year Built: 1989
  • Electric: Copper Wiring
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.84
  • Lot Size: 170x472
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Directions: I-10 to exit 22, south on Avalon to right on Bay Meadows to 5517 on your left down at the end of the road. Your home.
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Efficiency: Insulation, Insulated Walls
  • Property Attached Yn: No
  • Kitchen Level: Second
  • Special Features: VirtualTour

Interior Features

  • Appliances: Water Heater, Electric Water Heater, Dishwasher, Disposal, Down Draft, Refrigerator, ENERGY STAR Qualified Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Two or More
  • Fireplace: Yes
  • Flooring: Hardwood, Travertine, Carpet
  • Interior Amenities: Ceiling Fan(s), High Ceilings, High Speed Internet, Bonus Room, Office/Study
  • Living Area: 3218
  • Window Features: Double Pane Windows, Some Blinds, Some Drapes
  • Bedroom/Bathroom Features: Updated
  • Dining Room Features: Breakfast Bar, Breakfast Room/Nook, Eat-in Kitchen, Formal Dining Room
  • Living Room Living Room Level: Second
  • Room Bedroom2 Level: Third
  • Room Office Level: Second
  • Room Kitchen Features: Updated, Granite Counters, Pantry
  • Dining Room Dining Room Level: Second
  • Room Dining Room Area: 251.46

Exterior Features

  • Roof: Shingle
  • Lot Features: Cul-De-Sac
  • Pool Features: Gunite, Heated, In Ground, Screen Enclosure
  • View: Bay
  • View: Yes
  • Waterfront Features: Bay, Beach Access, Natural
  • Waterfront: Yes
  • Construction Type: Frame, Steel
  • Exterior Features: Balcony, Irrigation Well, Sprinkler
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Covered, Lanai, Porch, Screened, Covered Deck
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: 2 Car Garage, Boat, Circular Driveway, Guest, Oversized, RV Access/Parking, Side Entrance, Garage Door Opener
  • Total Parking Spaces: 2

Utilities

  • Heating: Heat Pump, Central
  • Cooling: Heat Pump, Central Air, Ceiling Fan(s)
  • Sewer: Septic Tank
  • Laundry Features: Inside, W/D Hookups
  • Security: Security System, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Schools

  • Elementary School: Bagdad
  • High School: Milton
  • Middle Or Junior School: AVALON

Lot Info

  • Lot Size Sq Ft: 80150.4
  • Zoning Description: Res Single

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
Aug 16, 2021
Sold by
Covas Donna
Bought by
Fairman James K and Fairman Sally B
Seller's Agent
Jennifer Weaver
KELLER WILLIAMS REALTY GULF COAST
Buyer's Agent
Kimberly Leighton
JANET COULTER REALTY
List Price
$824,000
Sold Price
$709,000
Premium/Discount to List
-$115,000
-13.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.73%

Purchase Details

Closed on
Jul 31, 2014
Sold by
Covas Donna and Covas Donna M
Bought by
Covas Donna M and The Donna M Covas Living Trust
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $709,000 Emerald Coast Ttl Inc Gulf B
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/09/2026 03/09/26 Sold $1,160,000 -3.3% $360 / Sq Ft
01/19/2026 01/19/26 Pending -- -- --
01/11/2026 01/11/26 Price Changed $1,199,000 -4.0% $373 / Sq Ft
11/21/2025 11/21/25 For Sale $1,249,000 +76.2% $388 / Sq Ft
08/18/2021 08/18/21 Sold $709,000 0.0% $220 / Sq Ft View Prior Sale
07/31/2021 07/31/21 Pending -- -- --
07/19/2021 07/19/21 Off Market $709,000 -- --
06/27/2021 06/27/21 Pending -- -- --
06/08/2021 06/08/21 Price Changed $785,000 -4.7% $244 / Sq Ft
05/08/2021 05/08/21 For Sale $824,000 -- $256 / Sq Ft
Source: Pensacola Association of REALTORS®

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 $6,732 $673,255 -- --
2024 $7,755 $629,985 -- --
2023 $7,755 $611,636 $0 $0
2022 $7,579 $593,821 $0 $0
2021 $3,281 $310,970 $0 $0
2020 $3,775 $306,133 $0 $0
2019 $3,689 $299,250 $0 $0
2018 $3,666 $293,670 $0 $0
2017 $3,654 $287,630 $0 $0
2016 $3,633 $281,714 $0 $0
2015 $3,237 $279,756 $0 $0
2014 -- $277,536 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 674053

Pensacola Association of REALTORS®

APN: 10-1S-28-0000-00305-0000

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