$400,000

1246 Us Hwy 331 N Defuniak Springs, FL 32433

Estimated payment $2,265/month

Total Views 4,661
10 Acres
$41,537 Price per Acre
419,483 Sq Ft Lot

About This Lot

Hwy frontage along US Hwy 331! 4 Lots make up this 9.63 acre property, the front of the lots are situated along Hwy 331N, while the rear of the properties back up to Lake Rosemary. Current zoning will allow for up to 4 units per acre. With the possibility to convert the property to commercial allowing 12 units per acre. Converting from residential to commercial would require Walton County's approval. This land has so much opportunity; developing for housing, creating an RV Park or so much more. The property currently offers a 2 bay pole barn with a storage room, and a 3 bay pole barn. The property has electricity, a well & septic are both available, but the condition of them are unknown. This land has been used for 25+ years for heavy equipment including but not limited to (cont) to directional boring rigs, dump trucks, semi trucks, tractors, trailers, motor homes, etc. Phone lines have been on the property previously, condition is also unknown by the Seller.

Listing Agent

Misty Mchenry

Watersound Real Estate License #3139155 Listed on: 10/15/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $898

Lot Details

  • 9.63 Acre Lot
  • Lot Dimensions are 742'x515'x767'x617'
  • Lake Front
  • Property fronts a highway
  • Property fronts an easement
  • Irregular Lot
  • The community has rules related to exclusive easements

Property Views

  • Lake Views

Schools

  • Maude Saunders Elementary School
  • Walton Middle School
  • Walton High School

Utilities

  • Well
  • Septic Tank

Community Details

  • Lake Rosemary Estates Unit 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 16-3N-19-19010-000-0050 & 16-3N-19-19010-000-0040

Property Details

Property Type

Land

Est. Annual Taxes

$898

Lot Details

0

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 9.63
  • Lot Size: 742'x515'x767'x617'
  • Road Frontage Type: US Highway
  • Road Surface Type: Paved Road
  • Subdivision Name: LAKE ROSEMARY ESTATES UNIT 1
  • Directions: From the intersection of Hwy 331 S & Hwy 90, turn left onto Hwy 90 and follow 1.8 miles to continue along Hwy 331 North. Property will be 1.2 miles north on the right. Look for signs.
  • Utilities Electric: Yes
  • Utilities:Septic Tank: Yes
  • Utilities:Private Well: Yes
  • Waterview:Lake2: Yes
  • Waterfront:Lake: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Easements, Irregular, Within 1/2 Mile to Water
  • View: Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Lot Features:Easements: Yes
  • Lot Features:Irregular: Yes

Utilities

  • Sewer: Septic Tank
  • Utilities: Electric
  • Water Source: Well

Schools

  • Elementary School: Maude Saunders
  • High School: Walton
  • Middle Or Junior School: Walton

Lot Info

  • Lot Size Sq Ft: 419482.8
  • Parcel #: 16-3N-19-19010-000-0050 & 16-3N-19-19010-000-0040
  • Zoning: Resid Single Family

Tax Info

  • Tax Annual Amount: 897.78
  • Tax Year: 2023

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2025 03/05/25 Price Changed $400,000 -11.1% --
01/25/2025 01/25/25 Price Changed $450,000 -5.3% --
12/14/2024 12/14/24 Price Changed $475,000 -5.0% --
10/15/2024 10/15/24 For Sale $500,000 -- --
Source: Emerald Coast Association of REALTORS®

Source: Emerald Coast Association of REALTORS®

MLS Number: 961161

Emerald Coast Association of REALTORS®