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1246 N Us Hwy 331
Defuniak Springs, FL 32433

$400,000 - Status: Active
Bed Icon Beds: 0
Bath Icon Baths: 0
MLS Icon MLS# 961161

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.

Property Features

MLS#: 961161
Zip: 32433
Subdivision: Lake Rosemary Estates Unit 1
Development: 23 - North Walton County
Property Type: Land - Residential
Days on Site: 596
Lot Size: 9.63 acres
Taxes: $897

Feature Descriptions

Lot Description: Easements, Irregular, Within 1/2 Mile to Water
Lot Dimensions: 742'x515'x767'x617'
Parcel Number: 16-3N-19-19010-000-0050 & 16-3N-19-19010-000-0040
Road Frontage: US Highway
Road Surface: Paved Road
Sewer: Septic Tank
Special View Info: Lake
Sub Type: Vacant Land
Utilities: Electric
Water: Well
Waterfront: Lake

Local Schools

High School: Walton
Middle School: Walton
Elementary School: Maude Saunders

1246 N Us Hwy 331 | MLS# 961161

This land located at 1246 N Us Hwy 331, Defuniak Springs, FL 32433 is currently listed for sale with an asking price of $400,000. The property has approximately 9.63 Acres. Search Defuniak Springs real estate on ksullivan.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: Watersound Real Estate

Shown By

Agent Name: Kelli Sullivan
Agent Phone: (850) 819-8246
Agency Title: Beachy Beach Real Estate

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/03/2026. The listing information on this page last changed on 06/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 06/03/2026 12:00:15 AM EST) or Emerald Coast MLS (last updated Tue 06/02/2026 11:55:23 PM EST) or Central Panhandle Association of Realtors (last updated Tue 06/02/2026 11:57:17 PM EST). Real estate listings held by brokerage firms other than Beachy Beach Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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