An additional adjoining 1-acre lot is also available for purchase, offering the opportunity to own a full 2 acres!
Perched high on the hills overlooking Compass Lake, this beautiful, newly remodeled, two-story home offers over 2,000 square feet of unique living space, with breathtaking bird's-eye views of the lake from the second floor. You won't find a more distinctive and well-maintained property!
The spacious main level features an impressive 24' x 25' living area, a convenient half bath, and an oversized laundry room with plenty of room for additional storage, a closet, or even a home office.
Upstairs, you'll find two bedrooms, a versatile loft that can serve as a third bedroom or additional living space, a full kitchen, and a full bathroom. The flexible layout offers plenty of possibilities for buyers to personalize the space and make it their own.
Thoughtful seller upgrades include underground electrical service, generator hookup wiring, double-pane argon gas windows, and a 22' x 30' fenced dog pen at the rear of the property.
Enjoy the peace, privacy, and tranquility that make this property so special, all while remaining conveniently located near Highway 231 for an easy commute to Panama City or Dothan.
Whether you're looking for a unique full-time residence, a peaceful retreat, or the opportunity for an income producing property such as a BNB, this Compass Lake gem offers endless possibilities!
*Select photos have been virtually staged. Original photo included as well.
For sale
$289,000
284 Compass Lake Dr, Alford, FL 32420
3beds
2,080sqft
Single Family Residence
Built in 2006
1 Acres Lot
$-- Zestimate®
$139/sqft
$-- HOA
What's special
Double-pane argon gas windowsConvenient half bathSpacious main level
- 1 day
- 121
- 21
Zillow last checked:
Listing updated:
Listed by:
Christin Branch 850-272-6251,
Chipola Realty,
Rebecca Robinson 850-557-9440,
Chipola Realty
Source: CPAR,MLS#: 796797
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Rooms
- Room types: Bedroom, Family Room, Kitchen, Laundry, Loft
Bedroom
- Description: Verify if important
- Level: Second
- Dimensions: 910 x 11
Bedroom
- Description: Verify if important
- Level: Second
- Dimensions: 11 x 11
Family room
- Description: Verify if important
- Level: First
- Dimensions: 24 x 25
Kitchen
- Description: Verify if important
- Level: Second
- Dimensions: 8 x 114
Laundry
- Description: Verify if important
- Level: First
- Dimensions: 10 x 138
Loft
- Description: Verify if important
- Level: Second
- Dimensions: 11 x 23
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Range, Electric Water Heater
Features
- Interior Steps, Loft
- Flooring: Plank, Vinyl
- Windows: Double Pane Windows
Interior area
- Total structure area: 2,080
- Total interior livable area: 2,080 sqft
Property
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio, Covered, Porch
- Exterior features: Patio
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
Lot
- Size: 1 Acres
Details
- Additional structures: Kennel/Dog Run
- Parcel number: 072N11000001000000
- Zoning description: Resid Single Family
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Coastal
- Property subtype: Single Family Residence
Materials
- HardiPlank Type, Vinyl Siding
- Roof: Metal
Condition
- New construction: No
- Year built: 2006
Utilities & green energy
- Utilities for property: High Speed Internet Available, Underground Utilities
Community & HOA
Community
- Features: Short Term Rental Allowed
- Subdivision: [No Recorded Subdiv]
HOA
- Has HOA: No
Location
- Region: Alford
Financial & listing details
- Price per square foot: $139/sqft
- Tax assessed value: $182,800
- Annual tax amount: $1,061
- Date on market: 10/21/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,802/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/21/2026 | Listed for sale | $289,000-2%$139/sqft |
Source:  CPAR #796797 Report a problem | ||
| 10/20/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/1/2026 | Listed for sale | $295,000+158.8%$142/sqft |
Source: Owner Report a problem | ||
| 5/23/2018 | Sold | $114,000+2180%$55/sqft |
Source: Public Record Report a problem | ||
| 11/2/2005 | Sold | $5,000$2/sqft |
Source: Public Record Report a problem | ||
| 3/8/2005 | Sold | $5,000+150%$2/sqft |
Source: Public Record Report a problem | ||
| 12/10/2003 | Sold | $2,000$1/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,061 +3.5% | $119,971 +2.9% |
| 2024 | $1,025 +6.8% | $116,590 +3% |
| 2023 | $960 +11.1% | $113,194 +3% |
| 2022 | $864 +0.3% | $109,897 +3% |
| 2021 | $861 -0.8% | $106,696 +1.4% |
| 2020 | $868 -3.9% | $105,223 +0.7% |
| 2019 | $903 -38.2% | $104,481 -1.1% |
| 2018 | $1,462 -0.2% | $105,628 0% |
| 2017 | $1,465 | $105,642 -0.1% |
| 2016 | $1,465 +1.7% | $105,796 -0.4% |
| 2015 | $1,440 -2.8% | $106,211 +1.1% |
| 2014 | $1,481 | $105,041 +0.1% |
| 2013 | -- | $104,957 -1% |
| 2012 | -- | $105,994 -2.5% |
| 2011 | -- | $108,767 -4% |
| 2010 | -- | $113,329 -2.5% |
| 2009 | -- | $116,192 |
| 2008 | -- | -- |
| 2007 | -- | $117,301 +5765.1% |
| 2006 | -- | $2,000 |
| 2005 | -- | $2,000 |
| 2004 | -- | $2,000 -50% |
| 2003 | -- | $4,000 +14.3% |
| 2002 | -- | $3,500 |
| 2001 | -- | $3,500 |
| 2000 | -- | $3,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 32420
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