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$125,000
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Property Description
Situated on approximately 1 acre with direct water access, the property features a private dock, stunning lake views, and plenty of outdoor space to relax and enjoy Florida lake life. The cozy 2-bedroom, 1-bath home has been thoughtfully updated with a newer roof, updated flooring, fresh paint, mini-split system, and a spacious screened porch overlooking the water. Enjoy morning coffee by the lake, sunset evenings on the dock, kayaking, fishing, and the quiet privacy this property provides. Short-term rentals are allowed, making this an excellent investment opportunity or affordable personal retreat. Conveniently located near Marianna, Panama City, and Dothan while still offering the peaceful feeling of getting away from it all. If you've been searching for an affordable waterfront property with charm, privacy, and income potential, this is the one.
Full Property Details
Full Property Details for 519 McPherson Dr
General
- Sold For: $125,000
- Taxes: $230 (2025)
- Status: Closed
- Type: Mobile Home
- Source: Bay_County
- MLS ID: 784008
- Added to Site: 178 day(s) ago
Interior
- Number of Rooms: 2
- Interior Features: Tub Shower
- Appliances: Electric Cooktop, Electric Range, Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Exterior
- Exterior Features: Covered Patio, Dock, Porch
- Porch/Patio/Deck: Deck, Porch, Screened
Parking
- Parking Features: Additional Parking, Drive Through, RV Access/Parking
Location
- County: Jackson
- Subdivision: Highlands At Compass Lake
- Driving Directions: From Panama City Take US 231 north Turn right on Lakepoint Road Turn right on Compass Lake Drive Stay left on Compass Lake Drive Turn right on Buddy Biway Go Straight on McDonald Drive Turn left on McTavish Road Turn left on Mcpherson Drive House is on the left
Community
- Community Name: 09 - Jackson County
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Wall Unit(s)
- Heating Type: Central, Electric, Forced Air
Utilities
- Utility Description: Electricity Available
Structural Information
- Architectural Style: Mobile Home
- Construction: Vinyl Siding
- Roof: Metal
- Stories/Levels: 1
- Sq. Ft. Source: Appraiser
- Year Built: 1969
Lot Features
- Property View: Lake
- Lot Size (Acres): 1.03
- Lot Size (Sq. Ft.): 44,997
- Lot Size: 1.03
- Lot Dimensions: 126 x 355 x 129 x 356
- Zoning: Mobile Home, Resid Single Family
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Lake, Lake Front
- Water Front View: Lake, Lake Front
- Lake Front: Yes
Financial Considerations
- Tax Amount: $230
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: OR 286 P 915 LOT 6 BLK AHIGHLANDS OF COMPASS LAKEUNIT 2...OR 531 P 113 OR 610 P 404 OR 639 P 171 OR 1512 P 236 OR 1609 P 335 OR 1654 P 733 OR 1693 P 673
- Property ID: 05-2N-11-0201-00A0-0060
Listed and Sold by Gulf Life Real Estate Inc
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Schools
Schools serving 519 McPherson Dr
School District:Jackson County School District, Marianna, FL
| Name | Grades | Distance |
|---|---|---|
Cottondale Elementary School, Cottondale, FL 2766 Levy Street, Cottondale, FL 32431 | K-5 | 13.1 mi |
Cottondale High School 2680 Levy Street, Cottondale, FL 32431 | 6-12 | 13.1 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 519 McPherson Dr
Date
Details
Price
Change
Source
7/10/2026
Sold
$125,000
-13.79%
MLS
5/14/2026
Price Reduced
$145,000
-2.68%
MLS
4/11/2026
Price Reduced
$149,000
-6.29%
MLS
1/21/2026
Listed
$159,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
519 McPherson Drive, Alford, FL 32420 (MLS# 784008) is a Mobile Home property that was sold at $125,000 on July 10, 2026. Want to learn more about 519 McPherson Drive? Do you have questions about finding other Mobile Home real estate for sale in Alford? You can browse all Alford real estate or contact a Coldwell Banker agent to request more information.

