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$299,900 Just Listed
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Property Description
Welcome to peaceful lake-area living with beautiful views of Compass Lake! Located on a quiet private road with few neighbors, this charming home offers amazing water views from the covered front porch and open decks on each side. French doors from both bedrooms open directly to the decks, creating the perfect place to relax and enjoy the scenery. Inside, the home features high ceilings, a bonus room, and two bedrooms, each with its own private bath and walk-in closet. Recent updates completed in March 2026 include a new front deck, remodeled bathrooms with new showers, toilets, vanities, mirrors, and fixtures, new flooring in the kitchen, laundry room, spare room, and bathrooms, new interior doors, new baseboards, recaulking of trim, and fresh interior paint. Additional improvements within recent years include the roof, siding, A/C, water heater, and submersible pump. Outdoor features include a covered back porch with a swing, paved driveway, room for backyard parking, an attached garage with storage room, and a detached 2-car garage with a concrete foundation and 220 power accessible. Private lake access is located right across the street, perfect for paddleboarding or kayaking, with three public boat ramps nearby. A peaceful setting, incredible views, and plenty of storage make this Compass Lake property a must-see!
Full Property Details
Full Property Details for 503 Lori Ln
General
- Price: $299,900
- Taxes: $1,298 (2025)
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 789972
- Updated: Today (5/16/2026)
- Added to Site: Today
Interior
- Number of Rooms: 15
- Interior Features: Storage
- Appliances: Electric Range
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Exterior
- Exterior Features: Deck
- Porch/Patio/Deck: Deck, Covered, Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Carports: Yes
- Covered Spaces: 3
- Parking Features: Additional Parking
Location
- County: Jackson
- Subdivision: Compass Lake Hills Unit 5
- Driving Directions: From I-10 take Hwy 231S to Compass Lake, turn left onto Lakepoint Rd. and follow for approximately 2.3 miles. Property is on the left at the corner of Lori Lane.
Community
- Community Name: 09 - Jackson County
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central
Structural Information
- Architectural Style: Traditional
- Construction: Vinyl Siding
- Roof: Metal
- Sq. Ft. Source: Appraiser
- Year Built: 1986
Additional Structures
- Other Structures: Garage(s), Outbuilding, Workshop
Lot Features
- Property View: Lake
- Lot Size (Acres): 0.5
- Lot Size (Sq. Ft.): 21,780
- Lot Size: .5
- Lot Dimensions: 159 x 119 x 149 x 150 +/-
- Frontage: Private Road
- Lot Features: Paved
Water Features
- Water View: Yes
Financial Considerations
- Tax Amount: $1,298
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: OR 372 P 884 COMM AT SWC OFSW1/4 OF NE1/4, RUN S 86* E816.96 FT TO E SIDE HWY 231 TO BEGIN, RUN S 86* E 163.21 FT TO W SIDE ST, N 3* E ALONG ST 149.18 FT, N 86* W 128.77 FT TO HWY 231, S 16* W ALONG HWY 153.17 FT TO POB... OR 736 P 704 & 706 OR 810 P 661 OR 1384 P 928 OR 1387 P 124 OR 1412 P 297 OR 1511 P 581 OR 1518 P 380
- Property ID: 01-2N-12-0000-0040-0020
Listed by Elite Realty
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Schools
Schools serving 503 Lori Ln
School District:Jackson County School District, Marianna, FL
| Name | Grades | Distance |
|---|---|---|
Cottondale Elementary School, Cottondale, FL 2766 Levy Street, Cottondale, FL 32431 | K-5 | 13.2 mi |
Cottondale High School 2680 Levy Street, Cottondale, FL 32431 | 6-12 | 13.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 503 Lori Ln
Date
Details
Price
Change
Source
5/16/2026
Listed
$299,900
142.64%
MLS
10/27/2016
Sold
$123,600
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 503 Lori Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,298
3%
$137,681
3%
2024
$1,255
6%
$133,801
3%
2023
$1,179
57%
$129,904
32%
2021
$751
-29%
$98,072
-22%
2022
$1,065
42%
$126,120
30%
2021
$751
51%
$96,718
8%
2019
$497
-60%
$89,560
-1%
2018
$1,248
—
$90,200
—
2017
$1,253
11%
$90,374
9%
2016
$1,128
-3%
$82,845
—
2015
$1,161
-1%
$83,146
—
2014
$1,167
-52%
$82,776
-54%
2013
$2,443
—
$178,063
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 503 Lori Ln
503 Lori Lane, Alford, FL 32420 (MLS# 789972) is a Single Family property with 2 bedrooms and 2 full bathrooms. 503 Lori Lane is currently listed for $299,900 and was received on May 16, 2026. Want to learn more about 503 Lori Lane? Do you have questions about finding other Single Family real estate for sale in Alford? You can browse all Alford real estate or contact a Coldwell Banker agent to request more information.

