About This Home
This 2-bedroom, 2-bathroom single family at 208 Pinewood Ln in Pensacola, FL is listed for $725,000 ($249 per sqft). Built in 1947, the home offers 2,914 sqft of living space on a 0.48 acres lot.
Key Features
- Built in 1947
- 0.48 acre lot
- 2 stories
- Fireplace
- Waterfront
Property Details
Amenities
INVESTOR OPPORTUNITY ON BAYOU CHICO! Rare chance to own a unique waterfront compound with multiple income-producing possibilities on beautiful Bayou Chico. This one-of-a-kind property includes a charming 2-bedroom, 2 bath main residence situated directly on the water with private dock access, plus a separate 1-bedroom, 1-bath waterfront cottage ideal for rental income, guest accommodations, or multi-generational living.
Cottage has 837 square feet of living space. Duplex offers 1152 total square footage. Main home offers 2914 Square foot of living space. Adding even more value is an additional detached structure, equipped with plumbing and electrical, offering endless possibilities for a pool house, workshop, studio, home office, man cave, she shed, or future expansion opportunities.
At the front of the property sits a duplex with a shared driveway, creating additional investment potential. The seller is offering both parcels together as one package and will not consider separating the properties, making this a truly unique opportunity for investors, developers, or buyers seeking a waterfront family compound.
With multiple structures, waterfront access, a private dock, and tremendous income-producing potential, this Bayou Chico property is ready for its next vision. Schedule your showing today and explore the possibilities!
Monthly Cost Estimate
$3,877/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
208 Pinewood Ln
Pensacola, FL 32507
Westerly Heights
Features & Amenities
Exterior Features
Property Details
Construction
Views
Pool Features
Heating
Cooling
Appliances
Questions & Answers
This 2-bedroom, 2-bathroom single family at 208 Pinewood Ln is listed at $725,000 ($249/sqft). The estimated monthly payment is $3,877 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1947, 0.48 acre lot, 2 stories, Fireplace, Waterfront. Exterior Features: Balcony, Fire Pit, Irrigation Well.
This property is listed by Erik Hansen and can be reached at (850) 471-5000.





