$39,490
PENDING $20K PRICE DROP

Lots 1 & 2 Lakeshore Dr Alford, FL 32420

Estimated payment $257/month

Total Views 486
0.5 Acre
$78,980 Price per Acre
21,780 Sq Ft Lot

About This Lot

Elevated above the pristine, spring-fed waters of 581-acre Compass Lake, this rare double lot that has been partially cleared out, offers stunning panoramic views and the perfect opportunity to build your dream lake-view home. Located in the deed-restricted Holiday Estates community, this property combines natural beauty with exclusive access to Compass Lake.As a Holiday Estates property owner, you'll enjoy private access to Compass Lake through the dedicated Parks & Recreation parcel located across the street--offering a rare level of convenience for swimming, fishing, and launching watercrafts. In addition, a public boat ramp is available on the opposite side of the lake, making full lake access easy for boating enthusiasts.This parcel does contain 2 lots, and the paperwork has already been started to split the parcel into individual lots, it just has to be filed with the county. When you buy this parcel, you have the opportunity to split it back to its original platted lots. Sell one and keep the other, or build two houses- you have options!Compass Lake is also home to a couple of charming waterfront restaurants, adding to the relaxed, resort-style lifestyle the area is known for. This property is just off Hwy 231 and less than an hour from both Dothan and Panama City Beach--making it a perfect weekend getaway or full-time retreat.Buyer to pay for owner's title policy/title fees.

Listing Agent

Casey Owens

Elite Realty License #BK3390116 Listed on: 07/22/2025

Property Details

Property Type

  • Land

Lot Details

  • 0.5 Acre Lot
  • Zoning described as Deed Restrictions

Property Views

  • Lake Views

Community Details

  • No Home Owners Association
  • Holiday Estates Subdivision

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 0.5
  • Lot Size: irregular
  • Subdivision Name: Holiday Estates
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • View: Lake
  • View: Yes
  • Waterfront: No

Utilities

  • Utilities: None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 21780.0
  • Zoning Description: Deed Restrictions

Map

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
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List Price
Sold Price
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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
07/31/2025 07/31/25 Pending -- -- --
07/24/2025 07/24/25 Price Changed $39,490 -33.6% --
07/22/2025 07/22/25 For Sale $59,490 -- --
Source: Central Panhandle Association of REALTORS®

Source: Central Panhandle Association of REALTORS®

MLS Number: 776657

Central Panhandle Association of REALTORS®