Compass Lake Living! This charming Florida cottage sits across from the stunning 581-acre spring-fed Compass Lake on 3.8 acres of land. Ideal for lake lovers, Compass Lake is an all-sports paradise, perfect for water skiing, jet skiing, pontooning, boating, sailing, wakeboarding, kayaking, and swimming. The property's location is prime for development into a bed & breakfast or vacation rental units, with tremendous potential for growth. The existing block-built home is ready for renovation, offering an opportunity to make it your own. A 17x26 unfinished room was added, along with an open attic space, allowing for additional living areas. A 1,900 sq ft workshop with 200-amp electric service sits behind the cottage and could easily be converted into a barn dominium. Plus, a separate 20x30 metal storage building, with electricity, and a pole barn offer additional storage or workspace.
The property also boasts creek frontage in the back and direct access to Hwy 231. With plenty of room to build, the lake and public boat ramp nearby, this property offers the perfect mix of privacy and convenience. Whether you're looking to make it your permanent home or develop it into a vacation rental haven, the possibilities are endless!
Sold for $180,000
$180,000
417 Lakepoint Rd, Alford, FL 32420
2beds
1,694sqft
Single Family Residence
Built in 1945
3.8 Acres Lot
$180,500 Zestimate®
$106/sqft
$1,405 Estimated rent
Home value
$180,500
Estimated sales range
Not available
$1,405/mo
Zestimate® history
Owner options
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$1,405/mo
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$1,405/mo
Rent Zestimate®
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$1,271/mo
Est. payment
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$1,271/mo
Est. payment
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List your homeWhat's special
All-sports paradiseCreek frontage
Zillow last checked:
Listing updated:
Listed by:
Debbie Roney Smith 850-209-8039,
American Gold Realty
Bought with:
Dana L Panichella, BK3090579
American Gold Realty
Source: CPAR,MLS#: 778076
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Rooms
- Room types: Bedroom, Office, Other
Bedroom
- Dimensions: 9.1 x 11.1
Bedroom
- Dimensions: 9.11 x 10.2
Office
- Dimensions: 8 x 9.11
Other
- Description: unfinished room
- Dimensions: 17 x 26
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Electric Range
Interior area
- Total structure area: 1,694
- Total interior livable area: 1,694 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
Lot
- Size: 3.8 Acres
- Features: Paved
Details
- Additional structures: Second Garage, Workshop
- Parcel number: 012N12022300100030
- Zoning description: County
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Florida
- Property subtype: Single Family Residence
Materials
- Block
- Roof: Metal
Condition
- New construction: No
- Year built: 1945
Utilities & green energy
- Utilities for property: Electricity Available, Underground Utilities
Community & HOA
Community
- Features: Short Term Rental Allowed
- Subdivision: No Named Subdivision
HOA
- Has HOA: No
Location
- Region: Alford
Financial & listing details
- Price per square foot: $106/sqft
- Tax assessed value: $123,428
- Annual tax amount: $1,650
- Date on market: 8/24/2025
- Cumulative days on market: 13 days
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 12/19/2025 | Sold | $180,000-10%$106/sqft |
Source:  CPAR #778076 Report a problem | ||
| 9/18/2025 | Pending sale | $199,900$118/sqft |
Source: CPAR #778076 Report a problem | ||
| 8/24/2025 | Listed for sale | $199,900$118/sqft |
Source: CPAR #778076 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,646 -0.3% | $123,428 0% |
| 2024 | $1,650 +6.2% | $123,477 +0.4% |
| 2023 | $1,554 +19.9% | $122,962 +17.4% |
| 2022 | $1,297 +3.8% | $104,747 +7.5% |
| 2021 | $1,250 +4.1% | $97,398 +6.8% |
| 2020 | $1,200 -4.3% | $91,233 +0.7% |
| 2019 | $1,254 -0.1% | $90,627 -0.1% |
| 2018 | $1,255 +0.2% | $90,675 +0.4% |
| 2017 | $1,253 | $90,358 +0.1% |
| 2016 | $1,253 +2% | $90,235 +32.9% |
| 2015 | $1,228 | $67,883 -36.3% |
| 2014 | -- | $106,526 +0.3% |
| 2013 | -- | $106,238 |
| 2012 | -- | $106,238 -0.4% |
| 2011 | -- | $106,670 -2.5% |
| 2010 | -- | $109,435 -0.4% |
| 2009 | -- | $109,868 -0.5% |
| 2008 | -- | $110,444 -0.2% |
| 2007 | -- | $110,696 +3.8% |
| 2006 | -- | $106,624 +0.5% |
| 2005 | -- | $106,048 -1% |
| 2004 | -- | $107,090 +18.1% |
| 2003 | -- | $90,711 +31.6% |
| 2002 | -- | $68,937 +1.9% |
| 2001 | -- | $67,658 +41.1% |
| 2000 | -- | $47,940 |
Find assessor info on the county website
Neighborhood: 32420
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Nearby schools
GreatSchools rating
- 4/10Cottondale Elementary SchoolGrades: PK-5Distance: 13.7 mi
- 6/10Cottondale High SchoolGrades: 6-12Distance: 13.6 mi
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- Florida
- Jackson County
- Alford
- 32420
- 417 Lakepoint Rd
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