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Welcome to 2492 Highway 98 East in Carrabelle, Florida"”a rare waterfront retreat on Florida's Forgotten Coast where the views are wide open, the boating is effortless, and everyday life feels like a getaway. Affectionately known as No Wake Zone, this beautifully updated coastal home offers the kind of setting buyers are searching for when they ask for a luxury waterfront home in Carrabelle with a dock, boat lift, a rare deep lot and panoramic Gulf views. From the moment you arrive, the open-water setting makes an impression. Inside, the home is bright, inviting, and designed to make the most of its incredible surroundings. The modern kitchen opens into a spacious floorplan with generous dining and living areas, creating an easy, conversational flow that feels both comfortable and refined. One side of the living space is perfect for gathering with family and friends, while the other is anchored by a relaxing sitting area positioned to soak in sweeping views of the Gulf of America. With 3 bedrooms, 2 bathrooms, and approximately 1,600 square feet, this home offers the ideal balance of comfort, function, and waterfront charm. The primary suite is a true retreat, with glass doors that welcome in expansive water views and an oversized en-suite bath that adds to the home's sense of privacy and relaxation. Pride of ownership is evident throughout, and with most furnishings included, this is a rare opportunity to step into a move-in-ready waterfront home on the Forgotten Coast. Outside is where No Wake Zone truly shines. A 200-foot dock with boat lift offers exceptional access for boaters, anglers, and anyone who wants the water just steps away. The generous grass yard stretches to the shoreline, creating an unusually usable outdoor space for a waterfront property. Beneath the home, the large screened entertaining area is set up for the coastal lifestyle buyers dream about, complete with an outdoor kitchen, bar, and dining space made for fresh seafood dinners, game-day gatherings, and long sunset evenings. A natural feature that makes this property even more special is Bird Island, the sandbar just offshore that not only adds to the view, but also provides a measure of protection from storms that many open-water properties simply do not have. In addition to your private boat lift, boaters will appreciate the public boat ramp only about half a mile away. Dog Island, featuring THE most private beaches on the Forgotten Coast, is just a short 12-minute boat ride from your dock for beach days, shelling, fishing, and peaceful walks on uncrowded shores. The charming fishing village of Carrabelle is only five minutes away, while St. George Island and Apalachicola are an easy drive west. Rarely does a waterfront property offer this combination of open-water views, luxury finishes, private dockage, outdoor living, and easy access to the best of the Forgotten Coast. No Wake Zone is more than a home"”it's a lifestyle.
| DAYS ON MARKET | 5 | LAST UPDATED | 4/6/2026 |
|---|---|---|---|
| TRACT | GULF WYNN | YEAR BUILT | 1984 |
| COMMUNITY | Franklin | COUNTY | Franklin |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| Elementary School | OTHER COUNTY |
|---|---|
| Jr. High School | Franklin County Middle School |
| High School | Franklin County High School |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air, Electric, Heat Pump |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dryer, Ice Maker, Microwave, Oven, Range, Refrigerator, Washer |
| AREA | Franklin |
| CONSTRUCTION | Fiber Cement |
| EXTERIOR | Outdoor Kitchen |
| HEAT | Central, Electric, Heat Pump |
| LOT | 0.36 acre(s) |
| LOT DESCRIPTION | Waterfront |
| LOT DIMENSIONS | 245x60x246x60 |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Cottage, OneStory |
| SUBDIVISION | GULF WYNN |
| TAXES | 2465 |
| VIEW | Yes |
| VIEW DESCRIPTION | Ocean, Bay |
| WATERFRONT | Yes |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by John P Brown, Beach Properties of Florida
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