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Lot/land
  • $400,000

    1246 Us Highway 331 N, Defuniak Springs, FL 32433

    --beds
    0baths
    9.63Acres
    Unimproved Land
    Built in ----
    9.63 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    632 days
    |
    37
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Misty McHenry 850-865-3085,

    Watersound Real Estate

    Source: ECAOR,MLS#: 961161MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0

      Property

      Features
      • Has view: Yes
      • View description: Lake
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Lake Front
      Lot
      • Size: 9.63 Acres
      • Dimensions: 742' x 515' x 767' x 617'
      • Features: Easements, Irregular Lot, Within 1/2 Mile to Water
      Details
      • Parcel number: 163N19190100000050 & 163N19190100000040
      • Zoning description: Resid Single Family

      Utilities & green energy

      • Sewer: Septic Tank

      Community & HOA

      Community
      • Subdivision: LAKE ROSEMARY ESTATES UNIT 1
      Location
      • Region: Defuniak Springs

      Financial & listing details

      • Tax assessed value: $29,800
      • Annual tax amount: $897
      • Date on market: 10/15/2024
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,716/mo

        Price history

        DateEventPrice
        3/5/2025Price change$400,000-11.1%
        Source: ECAOR #961161 Report a problem
        1/25/2025Price change$450,000-5.3%
        Source: ECAOR #961161 Report a problem
        12/14/2024Price change$475,000-5%
        Source: ECAOR #961161 Report a problem
        10/15/2024Listed for sale$500,000
        Source: ECAOR #961161 Report a problem
        10/3/2024Listing removed$500,000
        Source: ECAOR #926429 Report a problem
        9/3/2024Price change$500,000-16.7%
        Source: ECAOR #926429 Report a problem
        8/12/2024Price change$600,000-7.7%
        Source: ECAOR #926429 Report a problem
        7/16/2024Price change$650,000-3.7%
        Source: ECAOR #926429 Report a problem
        6/27/2024Price change$675,000-3.4%
        Source: ECAOR #926429 Report a problem
        6/14/2024Price change$699,000-3.5%
        Source: ECAOR #926429 Report a problem
        6/5/2024Price change$724,000-3.3%
        Source: ECAOR #926429 Report a problem
        5/21/2024Price change$749,000+150.5%
        Source: ECAOR #926429 Report a problem
        4/29/2024Price change$299,000-61.4%
        Source: ECAOR #948556 Report a problem
        4/19/2024Price change$774,000-3.1%
        Source: ECAOR #926429 Report a problem
        9/8/2023Price change$799,000-10.7%
        Source: ECAOR #926429 Report a problem
        6/27/2023Listed for sale$895,000+89400%
        Source: ECAOR #926429 Report a problem
        3/1/1997Sold$1,000
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$246 -1.3%$29,800
        2024$249 -11.5%$29,800 -11.8%
        2023$281 +19.8%$33,800 +27.6%
        2022$235 +7.5%$26,485 +10%
        2021$218 +8%$24,077 +10%
        2020$202 +1.9%$21,888 +1.3%
        2019$198 $21,600
        2018$198 -0.4%$21,600
        2017$199 -0.4%$21,600
        2016$200 -1%$21,600
        2015$202 -1.7%$21,600 -49.4%
        2014$205 $42,675

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32433

        Getting around

        1 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Maude Saunders
        • Middle: Walton
        • High: Walton

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

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