Residential Land for Sale in DeFuniak Springs, Florida
1246 N US Highway 331, DeFuniak Springs, FL 32433
Hwy frontage along US Hwy 331! 4 Lots make up this 9.63 acre property, the front of the lots are situated along Hwy 331N, while the rear of the properties back up to Lake Rosemary. Current zoning will allow for up to 4 units per acre. With the possibility to convert the property to commercial allowing 12 units per acre. Converting from residential to commercial would require Walton County's approval. This land has so much opportunity; developing for housing, creating an RV Park or so much more. The property currently offers a 2 bay pole barn with a storage room, and a 3 bay pole barn. The property has electricity, a well & septic are both available, but the condition of them are unknown. This land has been used for 25+ years for heavy equipment including but not limited to (cont) to directional boring rigs, dump trucks, semi trucks, tractors, trailers, motor homes, etc. Phone lines have been on the property previously, condition is also unknown by the Seller.
Location
- Street address
- 1246 N US Highway 331
- County
- Walton County
- Zip code
- 32433
- Community
- Lake Rosemary Estates Unit 1
- Elevation
- 236 feet
Directions
From the intersection of Hwy 331 S & Hwy 90, turn left onto Hwy 90 and follow 1.8 miles to continue along Hwy 331 North. Property will be 1.2 miles north on the right. Look for signs.
Property details
- Acreage
- 9.63 acres
- Zoning
- Resid Single Family
- MLS #
- ECARMLS 961161
- Posted
Property taxes
- 2023
- $898
Parcels
- 16-3N-19-19010-000-0040
- 16-3N-19-19010-000-0050
Legal description
Lots 4, 5, 6, and 7, Lake Rosemary Estates Unity 1, according to the map or plat thereof, recorded in Plat Book 11, Page(s) 3, Public Records of Walton County, Florida.
Details and features
Listing
- Type
- Land
Lot
- View
- Lake
- Features
- Easements, Irregular, Within 1/2 Mile to Water
Structure
- Water
- Well
- Sewer
- Septic Tank
Nearby schools
| Name | Type |
|---|---|
| Maude Saunders | Elementary |
| Walton | Middle |
| Walton | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| June 4, 2026 | New listing | $400,000 | — | ECARMLS |
| May 17, 2025 | Listing removed | $400,000 | — | Listing agent |
| Mar 5, 2025 | Price drop | $400,000 | $50,000 -11.1% | ECARMLS |
| Jan 25, 2025 | Price drop | $450,000 | $25,000 -5.3% | ECARMLS |
| Dec 14, 2024 | Price drop | $475,000 | $25,000 -5% | ECARMLS |
| Oct 16, 2024 | New listing | $500,000 | — | ECARMLS |