$62,500
$68,000
8.1%For more information regarding the value of a property, please contact us for a free consultation.
1.07 Acres Lot
SOLD DATE : 09/11/2024
Key Details
Sold Price $62,500
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Magnolia Lake Estates Ph 1
MLS Listing ID 942225
Sold Date 09/11/24
HOA Fees $16/ann
HOA Y/N Yes
Annual Tax Amount $588
Tax Year 2023
Lot Size 1.070 Acres
Acres 1.07
Property Description
Exceptional waterfront lot on Magnolia Lake within the city limits and only 5 minutes to downtown DeFuniak Springs. Magnolia Lake Estates is a small community with one entrance/exit for additional privacy. The views are breathtaking, as the property across the lake is undeveloped and beautifully wooded. Minimum 1500sf single family home with no minimum built out time and no manufactured homes allowed. The slope to the lake is quite gentle, allowing a cost effective build. And the fish are biting! Electric available with hookup to city water and city sewer as well as natural gas. Whether you plan to invest for later or build now, this is a wonderful waterfront opportunity in Walton County, one of the fastest growing counties in the nation.
Location
State FL
County Walton
Area 23 - North Walton County
Zoning City,Deed Restrictions,Resid Single Family
Rooms
Guest Accommodations Dock,Fishing,Pavillion/Gazebo,Picnic Area
Exterior
Community Features Dock, Fishing, Pavillion/Gazebo, Picnic Area
Utilities Available None
Waterfront Description Lake
View Lake
Building
Lot Description Covenants
Schools
Elementary Schools West Defuniak
Others
Assessment Amount $200
Financing Conventional
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