3783 Payne Lake Rd Chipley, FL 32428
Estimated payment $2,680/month
Highlights
- Lake Front
- Country Style Home
- Den
- Deck
- No HOA
- Living Room
About This Home
Stunning Lakefront Oasis on Payne Lake — Quiet Country Living with Gulf Access
Discover this tranquil lakefront retreat just outside Chipley, a spacious, well-appointed home on 1.45 acres with direct Payne Lake frontage, blending peaceful country charm with easy access to the Gulf Coast and Tyndall Air Force Base.
Property Highlights:
Generous, open floorplan: Large windows throughout the main house capture breathtaking lake views and flood the interior with natural light. You'll find a modern kitchen, expansive living and dining spaces, several bedrooms, and full bathrooms.
Outdoor living at its finest: A big deck framed by mature oak trees overlooks Payne Lake — the perfect place to sip morning coffee, entertain friends, or simply absorb the serenity.
Flexible in-law suite: A separate efficiency unit with its own kitchenette, bathroom, and private entrance. Ideal for guests, extended family, or rental income.
Peaceful, private setting: Located on a quiet, maintained road — offering privacy, room to roam, and space for gardens, hobbies, or future additions.
Recreation on the lake: Kayak, paddleboard, fish, or observe wildlife right from your backyard. Payne Lake is a natural playground.
Location & Commute:
Panama City Beach: Approximately 53 miles (about 1 hour 5 minutes) away from Chipley. Tyndall Air Force Base: Roughly 61 miles (about 98 km) by road from Chipley. Panama City: Around 48 miles (about 57 minutes' drive) from Chipley. This makes the property especially appealing for those who want rural, lakeside peace without being isolated — whether you're commuting to Tyndall AFB, working in Panama City, or heading to the beach on the weekends.
Why You'll Love It: Ideal for multi-generational living — the in-law suite adds flexibility & value
A nature lover's dream — bring your kayaks, fish, or just unwind by the water
Military friendly — within comfortable commuting distance to Tyndall AFB Beach access — Gulf Coast adventures are just a drive away No HOA — more freedom to make this home you
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $816
Year Built
- Built in 1986
Lot Details
- 1.45 Acre Lot
- Lot Dimensions are 175x470x406
- Lake Front
- Property fronts a private road
- Dirt Road
Parking
- 3 Car Garage
- Garage Door Opener
- Additional Parking
Home Design
- Country Style Home
- Metal Siding
Interior Spaces
- Ceiling Fan
- Living Room
- Den
- Lake Views
- Electric Range
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
Outdoor Features
- Deck
Schools
- Vernon Elementary School
- Vernon Middle School
- Vernon High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
- Payne Lakes Phase 1 Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $880 | $104,336 | -- | -- |
| 2024 | $816 | $101,396 | -- | -- |
| 2023 | $789 | $98,443 | $0 | $0 |
| 2022 | $758 | $95,576 | $0 | $0 |
| 2021 | $744 | $92,792 | $0 | $0 |
| 2020 | $733 | $91,511 | $0 | $0 |
| 2019 | $732 | $89,454 | $0 | $0 |
| 2018 | $735 | $87,786 | $10,000 | $77,786 |
| 2017 | $760 | $87,297 | $10,000 | $77,297 |
| 2016 | $752 | $85,622 | $0 | $0 |
| 2015 | $762 | $85,027 | $0 | $0 |
| 2014 | -- | $86,027 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/21/2025 11/21/25 | Price Changed | $500,000 | -5.7% | $161 / Sq Ft |
| 10/24/2025 10/24/25 | Price Changed | $530,000 | -1.9% | $171 / Sq Ft |
| 10/03/2025 10/03/25 | For Sale | $540,000 | -- | $174 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $100 | None Listed On Document | |
| Deed | $100 | None Listed On Document |
Source: Central Panhandle Association of REALTORS®
MLS Number: 779897
APN: 00000000-00-3322-0003
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
- 00 Payne Lake Rd
- 2711 Stallings Rd
- Lot 16 Bent Oaks Rd
- TBD Moss Hill Rd
- 0000 Paradise Lakes Rd
- 0 Paradise Lakes Rd Unit 754059
- Lot #19 Paradise Lakes Rd
- Lot 21 Paradise Lakes Rd
- 0 Paradise Lakes Rd Unit 776878
- Lot 37 Cove Rd
- 0 Granada Dr
- 3012 Paradise Lakes Rd
- Lots 21-22 Dunford Cir
- Lot 17 Dunford Cir
- 3034 Paradise Lakes Rd
- 2942 Paradise Lakes Rd
- 3130 Magnolia Dr
- 3126 Magnolia Dr
- 4477 Cypress Ln
- 000 Cypress Ln
- 2894 River Lake Dr
- 9812 Creek Bank Dr
- 3000 Rachel Place
- 310 Confidence Way
- 3610 Conwick Dr
- 9431 Paradise Dr
- 9235 Paradise Dr
- 7720 Hwy 2301
- 8501 Dreams Float Ct
- 9337 Cool Breeze Dr
- 8917 Gypsy Palace Ct
- 8913 Gypsy Palace Ct
- 8645 Weekend Dr
- 8666 Shell Sink Dr
- 8694 Conch Shell Ct
- 8912 Parrot Place
- 8634 Sand Dollar Dr
- 9037 Parrot Place
- 8734 Sand Dollar Dr
- 8570 Island Breeze Ave