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$66,500

  • For Sale
  • Active
  • Vacant Land
  • 0.86 Acres
  • Updated 12 days ago
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This .86-acre cleared waterfront lot on Imperial Lakes is ready for your dream home. With direct water access and a clean slate to build, the property offers both open space and some remaining trees for privacy. Imperial Lakes is a quiet community with four lakes total and covenants allowing only single-family residences (no mobile homes). Located in DeFuniak Springs, the property combines a peaceful setting with convenience-just minutes from shopping, dining, and I-10 for commuters. The area is growing with new development, while still offering small-town charm. Recreational options abound: enjoy fishing and boating from your backyard, explore historic downtown DeFuniak, or take a short 35-minute drive to the beaches of South Walton.Tap fee required.

Full Property Details for Lot 40 Caswell Rd

General

  • Price: $66,500
  • Status: Active
  • Type: Vacant Land
  • Source: Emerald_Coast
  • MLS ID: 988776
  • Updated: 1/5/2026
  • Added to Site: 78 day(s) ago

Additional Information

  • Shared Amenities: Fishing

Location

  • Area: 23 - North Walton County
  • County: Walton
  • Subdivision: Imperial Lakes
  • Driving Directions: From the intersection US-331 N/US-90 W head west on US-90 W and travel 1.9 mi, turn right onto US-331 N and travel 1.9 mi, turn left onto Caswell Rd and travel 1.0 mi, Destination will be on the right

School Information

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

Utilities

  • Utility Description: Electric, Public Water, Septic Tank, Tap Fee Due

Lot Features

  • Property View: Lake
  • Lot Size (Acres): 0.86
  • Lot Dimensions: 464 x 90 x 500 x 96
  • Lot Features: Aerials/Topo Availbl, Build To Suit, Cleared, Covenants, Level, Restrictions, See Remarks, Survey Available, Within 1/2 Mile to Water
  • Zoning: Resid Single Family

Water Features

  • Water Front Type: Lake

Financial Considerations

  • Price Per Acre: $77,325
  • Assessment Amount: $177
  • Assmt Payment Freq: Annually
  • Land Assmt: $177
  • Terms: Construction Perm, Conventional

Disclosures and Reports

  • Legal Description: LOT 40 IMPERIAL LAKES PB 7-48 OR 2799-1523 OR 3127-4959 OR 3127-4970 OR 3168-312 OR 3223-494
  • Assessment: Yes
  • APN: 07-3N-19-19800-000-0400

Listed by HomeBiz Properties

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— Lot 40 Caswell Rd —

  • HomeBiz Properties

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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 40 Caswell Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/05/2026
Price Reduced
$66,500
-3.47%
MLS
11/01/2025
Listed
$68,890
49.76%
MLS
7/01/2024
Sold
$46,000
—
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 40 Caswell Rd

Year
Property Taxes
Change
Tax Assessment
Change
2024
$228
—
$37,000
21%
2024
$228
5%
$30,500
—
2023
$218
23%
$30,500
42%
2021
$177
-10%
$21,417
-17%
2022
$196
11%
$25,956
59%
2021
$177
20%
$16,320
2%
2019
$147
-1%
$16,000
—
2018
$148
—
$16,000
—
2017
$148
-1%
$16,000
—
2016
$150
-1%
$16,000
—
2015
$152
-2%
$16,000
—
2014
$155
-1%
$16,000
—
2013
$156
—
$16,000
—
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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NMLS#: 1598647

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Listed by HomeBiz Properties

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Lot 40 Caswell Road, Defuniak Springs, FL 32433 (MLS# 988776) is a Vacant Land property with a lot size of 0.86 acres. Lot 40 Caswell Road is currently listed for $66,500 and was received on November 01, 2025. Want to learn more about Lot 40 Caswell Road? 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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