Under Contract - Taking Backups the phrase 'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Lakefront living with room to breathe on beautiful Payne Lake! Situated on 1.45 private acres just outside Chipley, this property offers peaceful country living with easy access to Panama City, the Gulf Coast, and Tyndall Air Force Base.
Inside, the open-concept layout is filled with natural light and showcases stunning lake views through expansive windows. The spacious kitchen flows seamlessly into the living and dining areas, creating the perfect setup for entertaining or relaxing after a day on the water.
Step outside to a large deck shaded by mature oak trees overlooking the lake--ideal for morning coffee, sunset dinners, and weekend gatherings. Enjoy kayaking, fishing, paddleboarding, and abundant wildlife right from your backyard.
A separate efficiency suite with private entrance, kitchenette, and full bath adds incredible flexibility for guests, multi-generational living, or potential rental income. With no HOA and plenty of space for boats, hobbies, gardens, or future expansion, this property offers the freedom to truly enjoy lake life.
All this while being less than an hour from Panama City and the beaches. If you've been searching for privacy, views, and a laid-back waterfront lifestyle, this Payne Lake retreat delivers.
Pending
Price cut: $35K (4/17)
$450,000
3783 Payne Lake Rd, Chipley, FL 32428
5beds
3,100sqft
Single Family Residence
Built in 1986
1.45 Acres Lot
$437,000 Zestimate®
$145/sqft
$-- HOA
What's special
Lakefront livingOpen-concept layoutFilled with natural lightSpacious kitchen
- 32 days |
- 977 |
- 68 |
Zillow last checked:
Listing updated:
Listed by:
Christopher Moseley 850-541-6427,
Hilltop Legacy Realty
Source: CPAR,MLS#: 789905
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Rooms
- Room types: Bedroom, Den, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Level: Third
- Dimensions: 10 x 13
Bedroom
- Level: Second
- Dimensions: 13 x 13
Bedroom
- Level: Second
- Dimensions: 15 x 12
Den
- Level: First
- Dimensions: 19 x 16
Kitchen
- Level: Second
- Dimensions: 10 x 10
Living room
- Level: Second
- Dimensions: 13 x 11
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Range, Electric Water Heater
Features
- Interior Steps
Interior area
- Total structure area: 3,100
- Total interior livable area: 3,100 sqft
Property
Parking
- Total spaces: 3
- Parking features: Additional Parking, Garage, Garage Door Opener
- Garage spaces: 3
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Exterior features: Deck
- Fencing: Chain Link
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake, Lake Front
- Frontage length: 100
Lot
- Size: 1.45 Acres
- Dimensions: 175 x 470 x 406
Details
- Additional structures: Second Garage, Guest House
- Parcel number: 000000000033220003
- Zoning description: Resid Single Family
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Country
- Property subtype: Single Family Residence
Materials
- Block, Metal Siding, Concrete
- Foundation: Slab
Condition
- New construction: No
- Year built: 1986
Utilities & green energy
- Utilities for property: Electricity Available
Community & HOA
Community
- Features: Short Term Rental Allowed
- Subdivision: Payne Lakes Phase 1
HOA
- Has HOA: No
Location
- Region: Chipley
Financial & listing details
- Price per square foot: $145/sqft
- Tax assessed value: $225,072
- Annual tax amount: $880
- Date on market: 5/15/2026
- Cumulative days on market: 256 days
- Electric utility on property: Yes
- Road surface type: Dirt, Maintained
Estimated market value
$437,000
$415,000 - $459,000
$3,500/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/3/2026 | Pending sale | $450,000$145/sqft |
Source:  CPAR #789905 Report a problem | ||
| 4/17/2026 | Price change | $450,000-7.2%$145/sqft |
Source: CPAR #779897 Report a problem | ||
| 3/31/2026 | Price change | $485,000-0.8%$156/sqft |
Source: CPAR #779897 Report a problem | ||
| 1/30/2026 | Price change | $489,000-2.2%$158/sqft |
Source: CPAR #779897 Report a problem | ||
| 11/21/2025 | Price change | $500,000-5.7%$161/sqft |
Source: CPAR #779897 Report a problem | ||
| 10/24/2025 | Price change | $530,000-1.9%$171/sqft |
Source: CPAR #779897 Report a problem | ||
| 10/3/2025 | Listed for sale | $540,000$174/sqft |
Source: CPAR #779897 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $104,336 +2.9% |
| 2024 | $816 +3.3% | $101,396 +3% |
| 2023 | $789 +4.2% | $98,443 +3% |
| 2022 | $758 +1.8% | $95,576 +3% |
| 2021 | $744 +1.6% | $92,792 +1.4% |
| 2020 | $733 +0% | $91,511 +2.3% |
| 2019 | $732 -0.4% | $89,454 +1.9% |
| 2018 | $735 -3.3% | $87,786 +0.6% |
| 2017 | $760 | $87,297 +2% |
| 2016 | $760 -0.2% | $85,622 +0.7% |
| 2015 | $762 | $85,027 -1.2% |
| 2014 | -- | $86,027 -4.1% |
| 2013 | -- | $89,718 -3.6% |
| 2012 | -- | $93,064 -5.8% |
| 2011 | -- | $98,745 -3.3% |
| 2010 | -- | $102,113 -1.3% |
| 2009 | -- | $103,492 -1.2% |
| 2008 | -- | $104,766 +3% |
| 2007 | -- | $101,715 +24.9% |
| 2005 | -- | $81,434 +2.6% |
| 2004 | -- | $79,392 +1.3% |
| 2003 | -- | $78,372 +0.7% |
| 2002 | -- | $77,850 +0.9% |
| 2001 | -- | $77,175 +2.7% |
| 2000 | -- | $75,126 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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: 32428
Nearby schools
GreatSchools rating
- 4/10Vernon Elementary SchoolGrades: PK-5Distance: 5.3 mi
- 5/10Vernon Middle SchoolGrades: 6-8Distance: 4.1 mi
- 3/10Vernon High SchoolGrades: 9-12Distance: 3.9 mi
Schools provided by the listing agent
- Elementary: Vernon Elementary
- Middle: Vernon
- High: Vernon
Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Florida
- Washington County
- Chipley
- 32428
- 3783 Payne Lake Rd
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