Back 16159 Tarpon Dr
Off Market

16159 Tarpon Dr

Pensacola FL 32507

11512.91 sq. ft.
Land
Last sold for $420,000
Kenneth PayneKenneth Payne, last sold this property on 24 May 2025 after 584 days on market.

Overview

Own a slice of paradise with this beautiful waterfront lot on the Intracoastal Waterway in the gated island community of Russell Bayou where you will enjoy gorgeous water views, sunrises and sunsets! Russell Bayou offers an Old Florida Lifestyle feel with amenities such as swimming pool, tennis court, underground utilities, nature trail, bent oaks and mature natural foliage perfectly placed amongst a very peaceful and serene island community of higher end homes. The lot is perfectly placed near the end of a cul-de-sac with very little traffic! Located just north of Perdido Key a few minutes to the gulf by boat. This is a special opportunity to own one of the best lots in Russell Bayou. The lot is generally cleared and ready to build a home with no hindering wetlands. Make sure to drive by the community pool at 16293 Narwhal Drive. The Pool is on a waterfront lot and has a pool and pool house overlooking the bayou at the end of the cul-de-sac.

Features

11512.91 sq. ft. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Pensacola over the last 12 months, the estimated median property value of 16159 Tarpon Dr is $85k.

Median value
$85k
Estimated value range
$5k - $1.9m
Median days on market
53
Estimated value trend
21%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Pensacola. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 16159 Tarpon Dr

2025
Sold
$420,000
24 May 2025 by Kenneth Payne, of RE/MAX HORIZONS REALTY
2022
Sold
$325,000
15 Mar 2022 by Jayne Ward, of Jayne Ward Realty, LLC
2020
Sold
$252,500
29 Jul 2020 by Sally Grace, of REAL ESTATE COUNSELORS

Happy sellers in Pensacola

79%
79% of sellers in Pensacola reported that their sale price either exceeded or met their price expectations.

Pensacola stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 27 reviews in Pensacola over the last 12 months.

Local market activity for land plots in Pensacola

In the last 12 months, 75 land plots similar to 16159 Tarpon Dr, have been sold.

This represents a 35% increase in land plots sales when compared to the previous 12 months.

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