Lot 10 Magnolia Lake Drive, DeFuniak Springs, FL 32433

$62,500
Property Type: Land Lot Size (sq. ft.): 46,609 Status: Sold
Current Price: $68,000 List Date: 2/13/2024 Last Modified: 3/25/2025

Description

Exceptional waterfront lot on Magnolia Lake within the city limits and only 5 minutes to downtown DeFuniak Springs. Magnolia Lake Estates is a small community with one entrance/exit for additional privacy. The views are breathtaking, as the property across the lake is undeveloped and beautifully wooded. Minimum 1500sf single family home with no minimum built out time and no manufactured homes allowed. The slope to the lake is quite gentle, allowing a cost effective build. And the fish are biting! Electric available with hookup to city water and city sewer as well as natural gas. Whether you plan to invest for later or build now, this is a wonderful waterfront opportunity in Walton County, one of the fastest growing counties in the nation.

More Information MLS# 942225

Status Change Info

Sold Price/Acre: 58411.21 Status: Sold Under Contract Date: 2024-08-16 Sold Date: 2024-09-11 Sold Price: $62,500

Contract Info

Listing Board: Emerald Coast List Price/Acre: 63551.4 List Date: 2024-02-13 List Price: $68,000

Location, Tax and Legal

Sub Area: 2310 - DeFuniak Springs N. Elementary School: West Defuniak Middle School: Walton High School: Walton Legal Description: LOT 10 BLK A MAGNOLIA LAKE PH I PB 14-2 OR 2289-738 OR 2653-1769 OR 2688-1803 OR 3002-498

General Property Info

Sub-Type: Vacant Land Acreage: 1.07 Mineral Rights: No

Listing Info, Tax & Legal

Who Paid Doc Stamps: Seller Who Paid Title: Seller Is Subject Leased: No Assessment Fees: Yes Assessment Amount: 200 Annual Assessment Amount: 200 Assessment Paid: Annually New Buyer Fee: No Last Taxes: 588.75 Last Tax Year: 2023 Brokerage Interest: No Interest As Is: Yes

Remarks & Misc

Remarks: Exceptional waterfront lot on Magnolia Lake within the city limits and only 5 minutes to downtown DeFuniak Springs. Magnolia Lake Estates is a small community with one entrance/exit for additional privacy. The views are breathtaking, as the property across the lake is undeveloped and beautifully wooded. Minimum 1500sf single family home with no minimum built out time and no manufactured homes allowed. The slope to the lake is quite gentle, allowing a cost effective build. And the fish are biting! Electric available with hookup to city water and city sewer as well as natural gas. Whether you plan to invest for later or build now, this is a wonderful waterfront opportunity in Walton County, one of the fastest growing counties in the nation.

Waterfront

Lake: 1 Waterfront Feet: TBD by survey

Waterview

Lake: 1

Lot Features

Covenants: 1

Project Facilities

Dock: 1 Fishing: 1 Pavillion/Gazebo: 1 Picnic Area: 1

Lot Access

City Road: 1 Paved Road: 1

Utilities

None: 1

Zoning

City: 1 Deed Restrictions: 1 Resid Single Family: 1

Financing

Conventional: 1

None

Current Price: $62,500

Location Tax and Legal

Street #: Lot 10 Street Name: Magnolia Lake Street Suffix: Drive Area: 23 - North Walton County State: FL Zip Code: 32433 County: Walton Project Name/Subdivision: MAGNOLIA LAKE ESTATES PH 1 Parcel ID: 15-3N-19-19020-00A-0100

Property Features

Lot Access: City Road; Paved Road Lot Features: Covenants Zoning: Deed Restrictions; Resid Single Family Waterfront: Lake Waterview: Lake Project Facilities: Dock; Fishing; Pavillion/Gazebo; Picnic Area Utilities: None Financing: Conventional
Listing Office: Kim & Company
Last Updated: March - 25 - 2025
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.