Lot 4 Magnolia Lake Drive Lot 4, DeFuniak Springs, FL 32433 (MLS# 1002841)

Lot 4 Magnolia Lake Drive Lot 4, DeFuniak Springs, FL 32433

$134,900

Property Type: Land Lot Size (sq. ft.): 38,333 Status: Active

Current Price: $134,900 List Date: 5/12/2026 Last Modified: 5/12/2026

Description

Large Waterfront lot on beautiful Magnolia Lake. Approximately 150 feet of water frontage. Great location near an elementary and high school, and just a few minutes to downtown DeFuniak Springs. Enjoy a restricted community with a single entrance and exit.. This beautiful lot has .88 of an acre with mature trees. The subdivision offers underground utilities. The subdivision lakefront lots have a requirement that each house must be at least 1500 sf and heated & cooled. All dimensions and acreage are subject to verification by any Buyer at Buyers expense.

More Information MLS# 1002841

Contract Info

Listing Board: Emerald Coast List Price/Acre: 153295.45 List Date: 2026-05-12 List Price: $134,900

Location, Tax and Legal

Unit #: Lot 4 Sub Area: 2310 - DeFuniak Springs N. Elementary School: Maude Saunders Middle School: Walton High School: Walton Legal Description: LOT 4 BLK A MAGNOLIA LAKE PH I PB 14-2 OR 2546-196 OR 2651-1155 OR 2838-790 OR 3205-3791 OR 3257-3417

General Property Info

Sub-Type: Vacant Land Acreage: 0.88

Listing Info, Tax & Legal

Is Subject Leased: No Assessment Fees: Yes Assessment Amount: 250 Annual Assessment Amount: 250 Assessment Paid: Annually New Buyer Fee: No Last Taxes: 868.06 Last Tax Year: 2025 Brokerage Interest: No Interest As Is: Yes

Remarks & Misc

Remarks: Large Waterfront lot on beautiful Magnolia Lake. Approximately 150 feet of water frontage. Great location near an elementary and high school, and just a few minutes to downtown DeFuniak Springs. Enjoy a restricted community with a single entrance and exit.. This beautiful lot has .88 of an acre with mature trees. The subdivision offers underground utilities. The subdivision lakefront lots have a requirement that each house must be at least 1500 sf and heated & cooled. All dimensions and acreage are subject to verification by any Buyer at Buyers expense.

Waterfront

Lake: 1 Waterfront Feet: 150

Lot Features

Restrictions: 1

Project Facilities

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

Utilities

None: 1

Zoning

Resid Single Family: 1

None

Current Price: $134,900

Status Change Info

Status: Active

Location Tax and Legal

Street #: Lot 4 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-0040

Property Features

Lot Features: Restrictions Zoning: Resid Single Family Waterfront: Lake Project Facilities: Dock; Fishing; Pavillion/Gazebo; Picnic Area; Waterfront Utilities: None

Listing Office: Gilbert Realty

Last Updated: May - 12 - 2026

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.