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$2,299,000
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Property Description
Horse lovers and equine professionals will covet this working ranch that rivals any facilities elsewhere. It boasts a world-class equestrian facility, purposely designed for training, boarding and breeding horses, or perhaps for enjoying as a private retreat for the new owner and horses. The pristine 42-acre property includes a beautiful home, three barns and several wells. It has seven fenced paddocks with prime Argentine Bahia grass and automated watering systems. Serious riders will appreciate the lighted outdoor riding arena with footing designed for performance horses. The 4,800-sq.-ft. modern horse barn can withstand winds up to 140 mph. It has twelve 14x14 stalls, each with its own center drain and individual high-performance ceiling fans, custom slip-resistant rubber mats that aid in cleanliness and fly control system. The air-conditioned tack room is equipped with a washer/dryer and refrigerator, and has hot and cold water and a half bath. The 4,840-sq.-ft. equipment/storage barn includes three oversized garage spaces and a workshop. The third barn is 6,850 square feet with concrete flooring, great for storage for hay, shavings and trailers. An industrial diesel generator and a high-pressure agricultural well ensure the ranch is totally self-sustaining. After a busy day, the well-appointed home offers a relaxing haven with three spacious beds, three baths and two large living areas, both with cozy feature fireplaces. Tile flooring provides a seamless flow into the open gourmet kitchen, which has granite countertops and a host of cabinets and appliances. The master suite is particularly spacious and has a lavishly appointed bathroom with a deep jetted tub, walk-in shower and twin vanities. When you could go for a dip in a pool, the huge screened patio has a kidney-shaped pool and a hot tub for soothing aching muscles. It's surrounded by far-reaching views of the surrounding paddocks and mature native trees. Combining a dream home and lifestyle with the possibility of a working equestrian business, this is a unique opportunity to change direction and secure the good life. Located close to I-10, this dream facility is convenient for many A-rated equestrian events as well as South Walton beaches and the Destin-Fort Walton Airport.
Full Property Details
Full Property Details for 5676 W State Hwy 2
General
- Price: $2,299,000
- Status: Active
- Type: Commercial
- Source: Emerald_Coast
- MLS ID: 946895
- Updated: 4/13/2026
- Added to Site: 740 day(s) ago
Location
- Area: 23 - North Walton County
- County: Walton
- Driving Directions: From Hwy 90, turn north onto Hwy 331. In approx. 10.5 miles turn right onto State Hwy 2. Property will be on the left.
Disclosures and Reports
- Legal Description: S1/2 OF SW1/4 OF NE1/4 LYING W OF CO HWY 2A & ALL THE S1/2 OF SE1/4 OF NW1/4 LYING E OF CANEY CREEK ALSO: N1/2 OF SW1/4 OF NE1/4 LYING W OF ST RD 2A & N1/2 OF SE1/4 OF NW1/4 LYING E OF CANEY CREEK
- APN: 35-5N-20-30000-006-0000
- Property ID: 35-5N-20-30000-006-0000
Listed by Scenic Sotheby's International Realty
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Schools
Schools serving 5676 W State Hwy 2
School District:Walton County School District
| Name | Grades | Distance |
|---|---|---|
Paxton School 21893 Us Highway 331 N, Paxton, FL 32538 | PK-12 | 8 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 5676 W State Hwy 2
Date
Details
Price
Change
Source
6/05/2025
Price Reduced
$2,299,000
-17.6%
MLS
3/25/2025
Price Reduced
$2,790,000
-6.97%
MLS
12/26/2024
Price Reduced
$2,999,000
-6.28%
MLS
9/16/2024
Price Reduced
$3,200,000
-0.31%
MLS
8/16/2024
Price Increased
$3,210,000
0.31%
MLS
4/09/2024
Listed
$3,200,000
132.73%
MLS
4/21/2022
Sold
$1,375,000
—
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 5676 W State Hwy 2
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,265
—
$722,491
—
2024
$6,265
-32%
$723,270
-33%
2023
$9,186
401%
$1,077,384
339%
2021
$1,835
-9%
$245,461
-22%
2022
$2,015
10%
$312,859
39%
2021
$1,835
7%
$224,616
2%
2019
$1,711
2%
$219,340
5%
2018
$1,673
-1%
$209,558
-1%
2017
$1,698
-1%
$211,533
—
2016
$1,722
-2%
$212,162
-1%
2015
$1,762
-3%
$213,261
-2%
2014
$1,823
-2%
$216,788
-1%
2013
$1,861
—
$218,708
—
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 5676 W State Hwy 2
5676 W State Highway 2, Defuniak Springs, FL 32433 (MLS# 946895) is a Commercial property. 5676 W State Highway 2 is currently listed for $2,299,000 and was received on April 09, 2024. Want to learn more about 5676 W State Highway 2? Do you have questions about finding other Commercial real estate for sale in Defuniak Springs? You can browse all Defuniak Springs real estate or contact a Coldwell Banker agent to request more information.

