501 Lakewood Rd, Pensacola, FL 32507

This newly renovated home offers a perfect blend of modern comfort and charm, ideally located to enjoy all that Pensacola has to offer. With easy access to Downtown Pensacola, Pensacola Beach, and Perdido Key, you'll be just a short walk from the waterfront neighborhood park on Bayou Chico, a short drive to the Mahogany Mill Public Boat Ramp, Island Cove Marina and Pelican's Perch Marina, and just down the road from Pensacola Country Club. Whether you're PCSing to Pensacola NAS, downsizing, looking for a starter home, or seeking a long-term rental property, this home offers convenience and value. Plus, there are currently no restrictions for short-term vacation rentals, and no HOA. Recently updated with a brand-new HVAC system, hot water heater, flooring, paint, lighting fixtures, faucets, ceiling fans, kitchen countertops, back door, and appliances, this home is truly move-in ready. The large laundry room has washer/dryer hookups and additional storage shelves. The attractive new front entry deck adds to the home’s welcoming appeal. The newly installed roof not only boosts the home's aesthetic but can also lower insurance premiums, potentially qualifying you for discounts and providing long-term savings and peace of mind. Situated on just over 1/4 acre of land, the home features a spacious fenced yard, an outdoor storage building perfect for lawn equipment, bikes, and other essentials, plus a paver patio just off the back steps—ideal for lawn chairs and grilling. There’s plenty of room for parking a small boat or trailer as well. This affordable property is also an excellent choice for first-time homebuyers, with potential eligibility for down payment and closing cost assistance programs. Don't miss the chance to own this beautiful home in an unbeatable location—schedule a tour today!