530 Chanterelle Dr, Pensacola, FL 32506

Affordable Charm in Pensacola! Spacious 3-Bedroom Home for $212,500!

Welcome to 530 Chanterelle Dr, a delightful 3-bedroom, 2-bathroom single-family home perfectly situated on a generous 0.43-acre lot at the end of a quiet cul-de-sac in the established Li-Fair Estates subdivision of Pensacola, FL. Built in 1978, this inviting 1,710 sqft residence offers ample space and a fantastic opportunity for comfortable living in a desirable area.

Step inside and discover a well-loved home with a practical layout. This property offers two distinct living areas: a front sitting room and a large family room that opens to the kitchen, complete with French doors leading to the backyard. The kitchen features a breakfast bar, electric stove, refrigerator, pantry, and plenty of cabinet space. You’ll appreciate the two closets in the master bedroom and the master bath’s two separate vanities, including extra counter space with a sit-down make-up area. The home has a mix of carpet and tile flooring, ceiling fans, and an inside laundry area.

Outside, enjoy the spacious front porch with decorative columns, perfect for relaxing evenings. The huge, partially fenced backyard offers plenty of room for family fun and outdoor activities, with mature trees providing ample shade. A side-entry attached 2-car garage provides convenient parking and additional storage. The best part? There is NO HOA, providing incredible flexibility and savings!

Experience the Vibrant Pensacola Lifestyle: Pensacola, “The City of Five Flags,” offers a unique blend of stunning natural beauty, rich history, a strong military presence, and an affordable cost of living.

• Beautiful Gulf Coast Beaches: Just a short drive away are the renowned sugar-white sands and emerald-green waters of Pensacola Beach and Perdido Key. Enjoy swimming, fishing, sunbathing, and various water sports in a more relaxed, less crowded environment compared to other Florida beaches.
• Affordable Cost of Living: Pensacola boasts one of the most affordable costs of living in Florida, particularly when it comes to housing. This makes it an attractive option for first-time homebuyers, families, and those seeking budget-friendly living without sacrificing quality of life.
• Rich History & Culture: Explore Pensacola’s deep history as one of the oldest European settlements in the U.S. Visit the Naval Air Station Pensacola (home to the Blue Angels!) and the National Naval Aviation Museum, or immerse yourself in the vibrant downtown arts and cultural scene, including the Pensacola Museum of Art.
• Outdoor Paradise: Beyond the beaches, the city offers numerous parks, hiking trails, and water sports facilities. Explore Big Lagoon State Park, Fort Pickens, or enjoy kayaking and fishing in the freshwater rivers and creeks.
• Growing Job Market: Pensacola has a diverse job market with opportunities in the private and public sectors, particularly in tourism, healthcare, education, and industries supported by the military presence.
• No State Income Tax: A significant financial benefit of living in Florida.

While Pensacola offers many advantages, potential drawbacks include hot and humid summers, the risk of hurricanes and tropical storms (though homes are often built to withstand them), and a public transportation system that is less robust than in larger cities, making a car almost a necessity. Traffic can also be congested, especially during peak tourist season.

The Pensacola real estate market, as of June 2025, is showing a mixed picture. The median sale price for all homes is around $283,000 to $339,000, with some sources indicating a slight decrease in overall home values over the past year (around -3.6% to -9.8%). However, other data shows a slight increase in median list price (+1.6%) and median sold price (+0.5% in Northwest Pensacola where this property is located). Homes are selling in an average of 35 to 79 days, and a significant percentage are selling below asking price (64.3% to 76.9%), indicating a buyer’s market or balanced market with potential negotiation room.

With an estimated refinance payment of approximately $1,696/mo, this spacious home presents an excellent opportunity at $212,500 to secure a fantastic property in a growing and conveniently located Florida city. Its appealing features, desirable cul-de-sac setting, and the significant benefit of NO HOA make it an ideal choice for a family, an investor, or anyone seeking a comfortable Gulf Coast lifestyle.

Don’t miss the chance to make this delightful Pensacola home your own! Schedule your private showing today and envision your life in this charming community.