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$225,000 -$20,000 (-8.16%) Price Reduced

  • For Sale
  • Active
  • Vacant Land
  • 1.02 Acres
  • Updated 1 day ago
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This 1.02 acre lakefront lot has 175 feet of US Hwy 331 frontage! Zoned/future use shows Estate Residential. Easy access to I-10 -just over 1 mile! Less than 2 miles to Lowes & Starbucks, approx 4 miles to downtown DeFuniak Springs, 13 miles to Publix in Freeport, and 25 miles to the beautiful white sandy beaches of the Emerald Coast! Enjoy the 225 feet of lakefront on this wooded lot that allows for privacy while still close to shopping, dining, and major highways and the interstate! This property also has great potential for future commercial development if annexed and amended to C-1!

Full Property Details for Lot 27 S US Hwy 331

General

  • Price: $225,000
  • Taxes: $350 (2024)
  • Status: Active
  • Type: Vacant Land
  • Source: Emerald_Coast
  • MLS ID: 983464
  • Updated: 4/13/2026
  • Added to Site: 237 day(s) ago

Location

  • Area: 23 - North Walton County
  • County: Walton
  • Subdivision: QUAIL RIDGE EST LAKES ADN
  • Driving Directions: From I-10 in DeFuniak Springs, head south on US Hwy 331 - approx 1.3 miles to lot on right (past Quail Ridge Estates Rd). Turn right at apartments (3472 S US HWY 331) just south of lot and then right onto unpaved access/utility easement.

School Information

  • Elementary School: West Defuniak
  • Middle School: Walton
  • High School: Walton

Utilities

  • Utility Description: Tap Fee Due

Lot Features

  • Property View: Lake
  • Lot Size (Acres): 1.02
  • Lot Size (Sq. Ft.): 44,431.2
  • Lot Dimensions: 175 x 319 x 102 x 440
  • Frontage: US Highway
  • Street/Road Desc.: Paved Road
  • Lot Features: Within 1/2 Mile to Water, Wooded
  • Zoning: County

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Type: Lake

Financial Considerations

  • Price Per Acre: $220,588.24
  • Tax Amount: $350.39
  • Tax Year: 2024

Disclosures and Reports

  • Legal Description: LOT 27 QUAIL RIDGE EST LAKES ADD PB 4-35 OR 1886-424
  • APN: 15-2N-19-18040-000-0270
  • Property ID: 15-2N-19-18040-000-0270
Buyer's Brokerage Compensation: Contact Listing Agent
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— Lot 27 S US Hwy 331 —

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for Lot 27 S US Hwy 331 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/13/2026
Price Reduced
$225,000
-8.16%
MLS
8/19/2025
Listed
$245,000
-45.56%
MLS
5/17/2021
Sold
$450,000
—
Public Record
Get Price Alerts and Save Property
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 for Lot 27 S US Hwy 331

Year
Property Taxes
Change
Tax Assessment
Change
2025
$27
—
$3,240
—
2024
$27
—
$3,240
—
2023
$27
-96%
$3,240
-95%
2021
$607
-83%
$69,497
-84%
2022
$3,658
503%
$428,377
614%
2021
$607
10%
$60,000
—
2019
$552
-1%
$60,000
—
2018
$555
—
$60,000
—
2017
$557
1963%
$60,000
2074%
2016
$27
-4%
$2,760
—
2015
$28
4%
$2,760
6%
2014
$27
—
$2,600
—
2013
$27
—
$2,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Recent Sales near Lot 27 S US Hwy 331

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195 Bay Spgs Blvd, Defuniak Springs, FL 32435 - Photo 1 Sold
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Lot 27 S US Highway 331, Defuniak Springs, FL 32435 (MLS# 983464) is a Vacant Land property with a lot size of 1.02 acres. Lot 27 S US Highway 331 is currently listed for $225,000 and was received on August 20, 2025. This property is listed by Michelle Lally from our Crestview Office.Want to learn more about Lot 27 S US Highway 331? Do you have questions about finding other Vacant Land 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.

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