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$79,900
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Property Description
Rare oversized Magnolia Lake waterfront lot offering approximately 1.32 acres with an impressive 224 feet of water frontage in the quiet and desirable Magnolia Lake Estates community. Located just minutes from downtown DeFuniak Springs, schools, parks, shopping, and dining, this property offers the perfect blend of privacy, nature, and convenience. Situated near the end of a cul-de-sac with paved road access, the lot features beautiful mature trees, scenic lake views, and a peaceful natural setting ideal for a future lakefront home or long-term investment. The property is adjacent to community amenities, including the dock, fishing area, pavilion, picnic area, and waterfront common space. Magnolia Lake Estates features restricted lakefront homes with a minimum 1,500 heated/cooled square foot requirement and no required build timeline, giving buyers the flexibility to build now or hold for the future. Survey available. Electric nearby. Enjoy the privacy and space of a larger waterfront parcel while still being close to town and everyday conveniences.
Full Property Details
Full Property Details for Magnolia Lake Dr
General
- Price: $79,900
- Taxes: $423 (2025)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: S5149417
- Updated: 5/9/2026
- Added to Site: 8 day(s) ago
Location
- Area: 32433 - Defuniak Springs
- County: Walton
- Development Name: 32433 - Defuniak Springs
- Driving Directions: Enter GPS coordinates 30°45'14.4"N 86°07'33.3"W into Google Maps for direct access to the property.
Community
- Community Name: 32433 - Defuniak Springs
Utilities
- Sewer: None
- Water: None
- Utility Description: Other
Structural Information
- Current Bldg. Use: Residential
Lot Features
- Lot Size (Acres): 1.32
- Lot Size (Sq. Ft.): 57,499
- Lot Size: 1.32
- Street/Road Desc.: Other
Financial Considerations
- Price Per Acre: $60,530
- Tax Amount: $423.1
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOT 20 BLK A MAGNOLIA LAKE S/D PH I PB 14-2 OR 3066-1677
- Flood Zone Info: X
- APN: 153N191902000A0200
- Property ID: 153N191902000A0200
Listed by Profiles International Realty
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Price & Sales History for Magnolia Lake Dr
Date
Details
Price
Change
Source
5/06/2026
Listed
$79,900
—
MLS
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 Magnolia Lake Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
100%
2023
100%
100%
2022
100%
100%
2021
100%
100%
2020
—
—
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 Magnolia Lake Dr
Magnolia Lake Dr, Defuniak Springs, FL 32433 (MLS# S5149417) is a Lots/Land property with a lot size of 1.32 acres. Magnolia Lake Dr is currently listed for $79,900 and was received on May 06, 2026. Want to learn more about Magnolia Lake Dr? Do you have questions about finding other Lots/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.

