$2,500,000
Chipley, FL 32428
MLS# 390787
Status: Sold
1 / 3
Property Description
629 acres of high and dry land with a +/- 90 acre spring-fed lake (a/k/a Cogburn Pond, Compass Lake, or Lake Helen). The 90 acre lake has an old plat that includes 146 single family lots with 10 acre tracts making up the rest of the property. The spring fed, limestone lake is over 60 feet deep and ringed with large oak trees. The current zoning allows for one unit per ten acres. Rezoning and additional infrastructure could achieve a much higher density. 100' ROW easement from Hwy 20. The location, access and features of this large tract allow for many potential recreational and development opportunities. Call today to setup a tour of this North Florida paradise.
Details
Maps
Contract Info
List Price/Acre: 5564.39
Named Exception: No
List Date: 2009-01-12
List Price: $3,500,000
Current Price: $2,500,000
Sub-Type: Land/Acres
Location, Tax & Legal
Sub Area: 1003 - Washington SW
Business Name: Name
Community/Resort: None
Waterfront: Yes
Section: 26
Township: 1
Directions: North on Highway 77 from Panama City to Highway 20. West (Left) on Highway 20 approximately one mile. Property located on the North side of Hwy 20.
HOA Fee: No
Street #: 000
Street Name: HIGHWAY 20
Street Suffix: Highway
State: FL
Zip Code: 32428
County: Washington
Area: 10 - Washington County
Subdivision: Crystal Lake
Parcel ID: 00000000-00-4156-0000
Legal Description: Long Legal Washington County Parcel ID#'s 00000000-00-4156-0000 629 Acres
General Property Info
Acreage: 629
Frontage Feet: 100
Is Subject Leased: No
Remarks & Misc
Remarks: 629 acres of high and dry land with a +/- 90 acre spring-fed lake (a/k/a Cogburn Pond, Compass Lake, or Lake Helen). The 90 acre lake has an old plat that includes 146 single family lots with 10 acre tracts making up the rest of the property. The spring fed, limestone lake is over 60 feet deep and ringed with large oak trees. The current zoning allows for one unit per ten acres. Rezoning and additional infrastructure could achieve a much higher density. 100' ROW easement from Hwy 20. The location, access and features of this large tract allow for many potential recreational and development opportunities. Call today to setup a tour of this North Florida paradise.
Status Change Info
Sold Price/Acre: 3974.56
Status: Sold
Under Contract Date: 2015-11-19
Sold Date: 2016-07-13
Sold Price: $2,500,000
Farm Info
Utility Building: 1
Financing
Cash: 1
Conventional: 1
Seller Financing: 1
Waterfront Feature
Waterfront Feet: 1000
Lot/Parcel Access
Paved Road: 1
Present Zoning
Agriculture: 1
County: 1
Utilities
Electricity - Connected: 1
Waterview
Lake: 1
Waterfront Type
Lakefront: 1
TransportationAccess
Paved: 1
Unpaved: 1
Property Features
TransportationAccess: Paved; Unpaved
Farm Info: Utility Building
Financing: Cash; Conventional; Seller Financing
Utilities: Electricity - Connected
Waterfront Type: Lakefront
Present Zoning: Agriculture; County
Waterview: Lake
Listing Office: NAI TALCOR
Last Updated: October - 08 - 2024
Information deemed reliable but not guaranteed.