$1,200,000
Alford, FL 32420
MLS# 766857
3 beds | 2 baths | 1785 sqft

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Property Description
This HIGHLY desirable lake front (almost 310 feet waterfrontage) property is not just a 'lot', it is 11.12 acres of pure scenic beauty! If you are tired of the hustle in city life, Compass Lake (approx 700 acres) is the perfect location. Just a little over 30 miles (south) to Panama City and just a little over 40 miles (north) to Dothan Alabama. This property has a brand new 36x28 pavilion with concrete slab and a brand new Trex dock, which is resistant to rot, warping and splintering. Compass Lake is known for being a spring-fed lake that's popular for water sports, and for being surrounded by a 10,000-acre master-planned community. Compass Lake is a great place for water sports like water skiing, wakeboarding, fishing, swimming, kayaking, canoeing, and paddleboarding. The area around Compass Lake is known for its natural beauty, including cypress trees, wildlife, and underwater caves. The Compass Lake in the Hills community offers many amenities, including: A private outdoor pool A starlight terrace Tennis and handball courts A boat ramp and dock A disc golf course A driving range A clubhouse facility for rent at McCormick Lake Olle's restaurant Re-model the existing home or build your dream home!! If you area an investor please note that 4-5 acres is conservation. If property were to be divided you can put 2 homes per acre with the remaining 6+- acreage. If units share well only it can be 3 units per acre and if well and septic are shared it can be 4 units per acre. Please check with Jackson County Planning and Zoning for any updates. Must show pre-approval of proof of funds.All measurements are more or less.
Details
Maps
Contract Info
Status: Active
List Date: 2025-01-05
List Price: $1,200,000
List Price/SqFt: 672.27
Current Price: $1,200,000
Location
Area: 09 - Jackson County
Street #: 207
Street Name: Compass Lake
Street Suffix: Drive
State: FL
Zip Code: 32420
County: Jackson
Sub Area: 0904 - Jackson - Alford/Compass Lake
Subdivision: Compass Lake In The Hills
Community/Resort: None
Waterfront: Yes
Gulf Access: No
Parcel ID: 07-2N-11-0100-0000-0050
Elementary School: Cottondale
Middle School: Cottondale
High School: Cottondale
Directions: From Hwy 231 and Interstate 10 travel south on Hwy 231 for 13 miles. Turn left on Lakepoint Rd and travel .3 miles and turn right on Compass Lake Dr. Property is .2 miles on the left.
Legal Description: LOT 5 IN NW1/4 OF SW1/4 IN CRAWFORD SURVEY...OR 01 P 791 OR 867 P 155 OR 1331 P 668 OR 1807 P 421
General Property Info
Sub-Type: Detached Single Family
Design: Other
Apx SqFt(Htd/Cooled): 1785
SqFt Source: Prop App Site
Bedrooms: 3
Full Baths: 2
Total Baths: 2
Year Built: 1952
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Lot Dimensions: Irregular
Acreage: 11.12
Lot Size (SqFt): 484561
Pool: No
Property Features
Financing: Cash; Conventional
Furnished: Unfurnished
Lot Access: County Road; Paved Road
Rooms: Bedroom; Living Room
Utilities: Private Well; Septic Tank
Waterfront Type: Lakefront
Room Information
Room Name | Dimensions | Length | Width | Dimensions |
Living Room | 16 x 20 | 16.00 | 20.00 | 16 x 20 |
Bedroom | 12 x 10 | 12.00 | 10.00 | 12 x 10 |
Bedroom | 11 x 10 | 11.00 | 10.00 | 11 x 10 |
Bedroom | 10 x 10 | 10.00 | 10.00 | 10 x 10 |
Listing Office: Maphis Realty Group
Last Updated: August - 18 - 2025
Information deemed reliable but not guaranteed.