3761 Highway 231, Cottondale, FL 32431 (MLS# 789294)

List Price/SqFt: 405.66

Status: Active

List Date: 2026-05-01

List Price: $924,900

Current Price: $924,900

Sub Area: 0905 - Jackson - Campbellton/Graceville/Cottondale

Community/Resort: None

Waterfront: No

Directions: From Cottondale, Travel North to the intersection of Hwy 231 & Hwy 73. The property will be on the Left just before you cross over. Do a u turn to get to the driveway to the property.

Area: 09 - Jackson County

Street #: 3761

Street Name: Highway 231

State: FL

Zip Code: 32431

County: Jackson

Subdivision: No Named Subdivision

Parcel ID: 17-5N-11-0000-0160-0000

Legal Description: In two parcels adjoining: Parcel One 17-5N-11-0000-0160-0000 - OR 158 P 943 ALL THAT PART OFNE1/4 OF NE1/4 LYING W OF USHWY 231...OR 309 P 959, LESS RTWY PER OR 314 P 540 & LESS 22.09AC PER OR 571 P 606... OR 631 P 447 OR 1033 P 163. Parcel Two 17-5N-11-0000-0010-0011 - 2912 ROCK BOTTOM DR. OR 714 P 206 SE1/4 OF NE1/4 LYING W OF HWY 231...OR 945 P 204 OR 1033 P 163

Acreage: 20.34

Design: Ranch

Lot Size (SqFt): 886010

Apx SqFt(Htd/Cooled): 2280

Construction Status: Construction Complete

SqFt Source: Prop App Site

Lot Dimensions: 1895x1504x1138

New Construction: No

Garage Y/N: No

Pool: No

Sub-Type: Detached Single Family

Bedrooms: 3

Full Baths: 2

Total Baths: 2

Year Built: 1997

Homestead: Yes

HOA Fee: No

New Buyer Fee: No

Last Taxes: 3371.18

Last Tax Year: 2025

Brokerage Interest: No Interest

As Is: Yes

Remarks: Exceptional multi-family horse farm estate on 20 acres offering versatility, income potential, and endless possibilities. The main residence is a 3BR/2BA brick home featuring a split-bedroom floor plan and over 2,200 sq ft of living space. Recent updates include new appliances (2025), HVAC, and water heater, with metal roofs replaced in 2019. Kitchen includes a gas stove that can be converted back to electric if desired. The property is fully equipped for agricultural or business use with 4 septic systems and 2 wells. Step outside to a stunning 36x20 custom covered koi pond (3,000 gallons) with dual waterfalls--perfect for relaxing and entertaining. Equestrian facilities include a 40x100 horse barn with 7 stalls, tack room, feed room, and bathroom, plus an attached powered workshop/storage area and additional open shop space. A 19x73 lean-to houses a sawmill (negotiable). The land is fully fenced and cross-fenced into 5 pastures, all with water access, plus 2 chicken coops. Additional structures include a 20x12 metal building (office) with power and phone, and a 12x36 pole barn with RV hookups. The property is beautifully landscaped with mature oaks and a variety of fruit trees including peach, apricot, apple, pear, fig, chestnut, mulberry, and banana. Also included is a 2007 double-wide mobile home (4BR/2BA, 2,200+ sq ft) with split floor plan, wood-burning fireplace, and spacious kitchen/dining combo. This home sits on its own 10.33-acre parcel and may be purchased separately. An additional 2006 single-wide (3BR/2BA, 1,100+ sq ft) is negotiable and can remain or be removed prior to closing. Prime location on Hwy 231 (4-lane) with easy access north to Montgomery and south to Panama City, and just across from Hwy 73 into Marianna. Ideal for a family compound, horse boarding operation, or commercial venture.

Dishwasher: 1

Range - Electric: 1

Range - Gas: 1

Refrigerator: 1

Water Heater - Electric: 1

Ceiling - Cathedral: 1

Floor - Laminate: 1

Floor - Tile: 1

Floor - Vinyl: 1

Floor - Vinyl Plank: 1

Split Bedroom: 1

Brick: 1

Roof - Metal: 1

Siding - Vinyl: 1

Barn - Horse: 1

Fenced - Cross: 1

Fenced - Pasture: 1

Pasture: 1

Stalls/Pens: 1

Pole Barn: 1

Shed(s): 1

Workshop: 1

Cash: 1

Conventional: 1

FHA: 1

VA: 1

Unfurnished: 1

Floor - Carpet: 1

Will Divide: 1

State Highway: 1

Paved Road: 1

Driveway: 1

Oversized: 1

RV Access/Parking: 1

RV - Carport: 1

County: 1

Horses Allowed: 1

Bedroom: 1

Kitchen: 1

Laundry: 1

Living Room: 1

Primary Bedroom: 1

Office: 1

Electricity - Connected: 1

Garbage: 1

Propane: 1

Private Well: 1

Septic Tank: 1

Underground Utilities: 1

As Is: 1

Ceiling Fan(s): 1

Central Air: 1

Electric: 1

Separate Meters: 1

Central: 1

Electric: 1

Fireplace - Wood Burning: 1