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Single Family ResidenceResidential
$403,786$227 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 97How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $148,900 on Dec 18, 2003

540 WATERVIEW COVE DR

FREEPORT, FL 32439
3
Beds
2
Baths
1,778 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.35 ac
Lot SizeThe size of the land the home sits on, from county records.
2003
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$404K
$391K low$417K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$148,900 · Dec 18, 2003

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$968 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$269,561 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$38,213
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$231,348
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$325,966
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$269,561

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyWalton
Lot (acres)The size of the land the home sits on, from county records.0.35
RoofThe main material covering the roof, such as asphalt shingle or tile.Metal
HeatingThe type of heating system in the home.Forced Air
CoolingThe type of cooling or air conditioning in the home.Central
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Finished
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Patio · 126 ft²Porch · 306 ft²

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Freeport Middle SchoolB+
Middle · Grades 6–8 · 3.6 mi
E
Freeport Elementary SchoolB+
Elementary · Grades PK–5 · 3.8 mi
H
Freeport High SchoolB+
High · Grades 9–12 · 5.7 mi

District: Walton County School District

Neighborhood · ZIP 32439These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.76
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.78
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.17

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.88%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.21%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.0%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.0%
PopulationHow many people live in this area.11,215
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.54 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$71,642
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$88,194
Average tempThe average temperature here across a full year.67°F
Annual precipHow much rain and melted snow falls here in a typical year.67 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.60%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

540 Waterview Cove Dr measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 72% of homes in Walton County
  • Costs less per square foot than 69% of homes in Walton County
  • Has a bigger lot than 70% of homes in Walton County
  • Older than 72% of homes in Freeport 32439

What homes are worth in Freeport 32439

Each bar is how many homes fall in that price range. The marker is this home.

This home
$185K$1.3M

This home is worth more than 45% of homes in Freeport 32439.

How it measures up in Freeport 32439

The dot is this home. The mark in the middle is the typical home in Freeport 32439.

Estimated value$403,786
CheaperTypical $421,628Pricier

Pricier than 45% of homes nearby

Price per ft²$227
CheaperTypical $215Pricier

Pricier than 62% of homes nearby

Living area1,778 ft²
SmallerTypical 1,807 ft²Bigger

Bigger than 47% of homes nearby

Lot size0.35 ac
SmallerTypical 0.31 acBigger

Bigger than 57% of homes nearby

Year built2003
OlderTypical 2016Newer

Newer than 28% of homes nearby

How 540 Waterview Cove Dr ranks against every home in each area.
MeasureThis homeFreeport 32439Walton County
Estimated valuepricier than$403,78645% of homes28% of homes
Price per ft²pricier than$22762% of homes31% of homes
Living areabigger than1,778 ft²47% of homes45% of homes
Lot sizebigger than0.35 ac57% of homes70% of homes
Year builtnewer than200328% of homes46% of homes

About 540 Waterview Cove Dr

How much is 540 Waterview Cove Dr, Freeport, FL worth?

The TopHap Estimate for 540 Waterview Cove Dr, Freeport, FL is $403,786 as of Sep 24, 2026. The likely range is $390,754 to $416,818. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 540 Waterview Cove Dr, Freeport, FL last sell?

540 Waterview Cove Dr, Freeport, FL last sold on Dec 18, 2003 for $148,900, according to the county's recorded deed.

How big is 540 Waterview Cove Dr, Freeport, FL?

540 Waterview Cove Dr, Freeport, FL has 3 bedrooms, 2 bathrooms, 1,778 square feet of living space and a 0.35-acre lot.

When was 540 Waterview Cove Dr, Freeport, FL built?

540 Waterview Cove Dr, Freeport, FL was built in 2003, making it 23 years old. The building has 1 story.

What schools serve 540 Waterview Cove Dr, Freeport, FL?

540 Waterview Cove Dr, Freeport, FL is assigned to Freeport Middle School (middle), rated B+; Freeport Elementary School (elementary), rated B+; Freeport High School (high), rated B+. All sit in Walton County School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 540 Waterview Cove Dr, Freeport, FL compare to other homes in Freeport 32439?

Among the 8,141 homes in Freeport 32439, it is worth more than 45% of them ($403,786 against a typical $421,628), its price per square foot is higher than 62% of them ($227 against a typical $215), it is bigger than 47% of them (1,778 ft² against a typical 1,807 ft²), its lot is bigger than 57% of them (0.35 ac against a typical 0.31 ac) and it is newer than 28% of them (2003 against a typical 2016). Measured against all of Walton County, it is worth more than 28% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 540 Waterview Cove Dr, Freeport, FL?

The 2024 property tax bill for 540 Waterview Cove Dr, Freeport, FL was $968. The county assessed it at $269,561.

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