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For sale
  • $2,096,000

    1125 N Spring St, Pensacola, FL 32501

    4beds
    6,501sqft
    : 
    $12,850/mo
    Get pre-qualified
    Single Family Residence
    Built in 1927
    0.55 Acres Lot
    $-- Zestimate®
    $322/sqft
    $-- HOA

    What's special

    Hand-hewn pegged timbersDramatic three-story gablesArts and crafts stencilsHighest elevation in pensacolaForced air hvac systems
    A Masterpiece of Historic Pensacola! Experience the pinnacle of Pensacola history and architectural grandeur with a rare offering: The Dr. Walter C. Payne House. This magnificent 6,501 square foot, three-story Tudor Revival—specifically embodying 19th-Century English Arts and Crafts style—stands proudly on the highest elevation in Pensacola. Unrivaled History & Craftsmanship - Constructed in 1927, this home was built on the hallowed grounds of Fort San Bernardo, the site where the Spanish overtook British rule of northwest Florida in 1781. Dr. Payne commissioned this sprawling residence for his Scottish bride, employing skilled workmen from England to ensure the meticulous standards of the Arts and Crafts movement were met, focusing on superior materials and artisan craftsmanship. Architectural Distinction - This masterpiece features dramatic three-story gables, massive chimneys adorned with authentic clay chimney pots, and hand-hewn pegged timbers. The roof is covered in original composite tiles that mimic multi-colored slates, while the exterior showcases distinctive patterned brickwork nestled between exposed beams. An Urban Estate Curated to Perfection - Situated on 0.55 acres, undergoing a museum-quality restoration in 2001, the home retains its historic integrity while offering modern peace of mind. The refurbishment included forced air HVAC systems in addition to the original boiler in the cellar, modernized kitchen including granite countertops, and Arts and Crafts stencils. Interior Elegance - Featuring four bedrooms and five and a half bathrooms, the home is a testament to 1920s luxury. The bathrooms feature a vibrant mix of plumbing fixtures indicative of the era. This is a once-in-a-lifetime opportunity to own one of Pensacola’s most important architectural treasures. Property is being offered for sale AS IS. Most furnishings are available for purchase by a separate transaction.
    51 days
    |
    1,395
    |
    51
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeremy Schwartz 954-599-1409,

    Levin Rinke Realty

    Source: PAR,MLS#: 685392MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 6
      • Full bathrooms: 5
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Game Room, Office, Sun Room, Wine Storage Room
      Primary bedroom
      • Level: First
      • Area: 336
      • Dimensions: 16 x 21
      Bedroom
      • Level: First
      • Area: 240
      • Dimensions: 16 x 15
      Bedroom 1
      • Level: Second
      • Area: 320
      • Dimensions: 16 x 20
      Bedroom 2
      • Level: Second
      • Area: 320
      • Dimensions: 16 x 20
      Bathroom
      • Level: First
      • Area: 28
      • Dimensions: 4 x 7
      Dining room
      • Level: First
      • Area: 285
      • Dimensions: 19 x 15
      Kitchen
      • Level: First
      • Area: 192
      • Dimensions: 16 x 12
      Living room
      • Level: First
      • Area: 594
      • Dimensions: 33 x 18
      Office
      • Level: First
      • Area: 140
      • Dimensions: 7 x 20
      Heating
      • Multi Units, Heat Pump
      Cooling
      • Multi Units, Heat Pump, Ceiling Fan(s)
      Appliances
      • Included: Tankless Water Heater/Gas
      • Laundry: W/D Hookups
      Features
      • Ceiling Fan(s), Sound System, Wet Bar
      • Flooring: Cork, Hardwood, Tile, Carpet
      • Windows: Blinds, Drapes, Drapery Rods
      • Basement: Unfinished
      • Has fireplace: Yes
      • Fireplace features: Two or More
      Interior area
      • Total structure area: 6,501
      • Total interior livable area: 6,501 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Garage, Converted Garage
      • Garage spaces: 1
      Features
      • Levels: Three Or More
      • Stories: 3
      • Patio & porch: Screened
      • Pool features: None
      Lot
      • Size: 0.55 Acres
      • Features: Corner Lot, Historic District
      Details
      • Parcel number: 000s009010013056
      • Zoning description: City,Res Single
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: English Tudor
      • Property subtype: Single Family Residence
      Materials
      • Brick, Frame
      • Foundation: Off Grade, Slab
      • Roof: Composition
      Condition
      • Resale
      • New construction: No
      • Year built: 1927

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public
      Green energy
      • Energy efficient items: Heat Pump

      Community & HOA

      Community
      • Subdivision: North Hill
      HOA
      • Has HOA: No
      Location
      • Region: Pensacola

      Financial & listing details

      • Price per square foot: $322/sqft
      • Tax assessed value: $1,659,175
      • Annual tax amount: $14,780
      • Price range: $2.1M - $2.1M
      • Date on market: 7/3/2026
      • Cumulative days on market: 42 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/3/2026Listed for sale$2,096,000+126.6%$322/sqft
        Source: PAR #685392 Report a problem
        3/12/2004Sold$925,000+65.9%$142/sqft
        Source: Public Record Report a problem
        4/4/2002Sold$557,500-41.9%$86/sqft
        Source: Public Record Report a problem
        5/15/2000Sold$960,000$148/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$14,780 +1.5%$1,659,175 +3.6%
        2023$14,561 +2.3%$1,600,847 +11.2%
        2022$14,232 +0.5%$1,439,655 +24.7%
        2021$14,162 +2.8%$1,154,678 +12.9%
        2020$13,780 +1.7%$1,022,371 -2.5%
        2019$13,549 $1,048,173 +30.9%
        2018$13,549 +0.3%$801,033 +2.1%
        2017$13,505 +0.4%$784,558 +2.1%
        2016$13,448 +0.8%$768,422 +0.7%
        2015$13,342 $763,081 +0.8%
        2014$13,342 $757,025 +1.5%
        2013-- $745,838 +1.7%
        2012-- $733,371 -6.6%
        2011-- $785,039 -2.3%
        2010-- $803,862 -11.2%
        2009-- $905,067 -1.1%
        2008-- $914,835 +3%
        2007-- $888,190 +2.5%
        2006-- $866,530 +3%
        2005-- $841,300 +12.3%
        2004-- $749,200 -2.9%
        2003-- $771,710 +38.6%
        2002-- $556,600 -4.6%
        2001-- $583,300 +7.9%
        2000-- $540,350 +196.5%
        1999-- $182,240
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: St. John Coalition

        Getting around

        49 / 100
        Car-Dependent
        31 / 100
        Some Transit
        54 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Global Learning Academy
        • Middle: WORKMAN
        • High: Pensacola

        Source: PAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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