3381 S Highway 2
Bonifay, FL 32425
MLS# 778150
Status:
Sold4 beds | 2 baths | 1935 sqft
Property DescriptionURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS
PRICED TO REFLECT STORM CLEANUP - OFFERS ENCOURAGED!
This mostly turn-key home is being sold as-is and is priced with updates and cleanup in mind. The yard sustained damage from a tornado two months ago — including downed trees, limbs, and debris — but the home itself had no major issues (no roof leaks or structural damage).
Interior is move-in ready, just needs a light refresh after being vacant for 1.5 years.
Please review the recent yard photos at the end of the gallery for a clear view of current exterior conditions.
Excellent opportunity for buyers looking for value, potential, and instant equity with a motivated seller ready to make a deal.
Roughly half of the 8.67-acre parcel is lake property, there is some road noise, and the exterior could use a little love (tree cleanup, carport repairs, etc.). But if you can see past those items, you'll find a rare chance to own lakefront acreage on the 110-acre private Sand Hammock Lake — with a 4-bedroom, 2-bath brick home that has already had beautiful updates inside.
As you drive up the tree-lined entrance, you'll pass the established 25-year-old muscadine grape arbors. Inside, you'll find waterproof vinyl plank flooring, an updated kitchen with modern appliances and hardware, and a dining area with beautiful lake views. The spacious primary suite offers a spacious closet and a remodeled bath, with updated fixtures and motion-activated lighting throughout.
Outside, enjoy the shade of a large oak tree, the peaceful lake backdrop, and a newer metal-roof gazebo that's perfect for gatherings. Additional perks include copper plumbing, double-pane windows, a 12x24 detached shed with electrical and RV hook-up, and a recently inspected well with new high-pressure tanks (Sept. 2024).
This property offers the best of both worlds — peaceful lakefront living with acreage, plus easy access to I-10 (15 minutes), Dothan (30 minutes), and Panama City Beach (1 hour).
If you're willing to put in a little exterior work, you'll gain a one-of-a-kind lakefront retreat with acreage at a price that reflects today's market.
Acreage: 8.67
Design: Ranch
Lot Size (SqFt): 377665
Apx SqFt(Htd/Cooled): 1935
Construction Status: Construction Complete
SqFt Source: Prop App Site
Lot Dimensions: 275 X 1590 X 250 X 1480
New Construction: No
Garage Y/N: No
Covered Spaces: 2
Pool: No
Sub-Type: Detached Single Family
Total Baths: 2
Year Built: 1994
List Price/SqFt: 178.29
Status: Sold
List Date: 2025-08-26
List Price: $345,000
Sub Area: 0801 - Holmes North-East
Community/Resort: None
Waterfront: Yes
Gulf Access: No
Directions: From Bonifay, travel North on Highway 79 for 12 miles and turn right on Highway 2. Follow Highway 2 for 7/10's of a mile and property will be on the left.
Area: 08 - Holmes County
Street #: 3381
Street Direction: S
Street Name: Highway 2
State: FL
Zip Code: 32425
County: Holmes
Subdivision: No Named Subdivision
Parcel ID: 0333.01-000-000-012.000
Legal Description: COM AT SW COR OF NW1/4 OF NE1/4 OF SEC 33, TH RUN E ALG S LINE 647.70 FT TO POB, TH N 416.11 FT, TH E 250.51 FT, TH S 535.79 FT TO PT ON N'LY R/W HWY 2 TH ALG R/W AND CURVE 290.85 FT, TH N 247.75 FT TO POB ALSO INGRESS AND EGRESS TO SAND HAMMOCK POND OR 227/93 OR 256/44 ALSO COM AT SW COR OF NW1/4 OF NE1/4 TH E 647.7' TH N 430 ' TO POB TH CONT N 900' TO N BDY OF NW1/4 OF
HOA Fee: No
New Buyer Fee: No
Last Taxes: 5109
Last Tax Year: 2024
Brokerage Interest: No Interest
As Is: No
Remarks: URRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS
PRICED TO REFLECT STORM CLEANUP - OFFERS ENCOURAGED!
This mostly turn-key home is being sold as-is and is priced with updates and cleanup in mind. The yard sustained damage from a tornado two months ago — including downed trees, limbs, and debris — but the home itself had no major issues (no roof leaks or structural damage).
Interior is move-in ready, just needs a light refresh after being vacant for 1.5 years.
Please review the recent yard photos at the end of the gallery for a clear view of current exterior conditions.
Excellent opportunity for buyers looking for value, potential, and instant equity with a motivated seller ready to make a deal.
Roughly half of the 8.67-acre parcel is lake property, there is some road noise, and the exterior could use a little love (tree cleanup, carport repairs, etc.). But if you can see past those items, you'll find a rare chance to own lakefront acreage on the 110-acre private Sand Hammock Lake — with a 4-bedroom, 2-bath brick home that has already had beautiful updates inside.
As you drive up the tree-lined entrance, you'll pass the established 25-year-old muscadine grape arbors. Inside, you'll find waterproof vinyl plank flooring, an updated kitchen with modern appliances and hardware, and a dining area with beautiful lake views. The spacious primary suite offers a spacious closet and a remodeled bath, with updated fixtures and motion-activated lighting throughout.
Outside, enjoy the shade of a large oak tree, the peaceful lake backdrop, and a newer metal-roof gazebo that's perfect for gatherings. Additional perks include copper plumbing, double-pane windows, a 12x24 detached shed with electrical and RV hook-up, and a recently inspected well with new high-pressure tanks (Sept. 2024).
This property offers the best of both worlds — peaceful lakefront living with acreage, plus easy access to I-10 (15 minutes), Dothan (30 minutes), and Panama City Beach (1 hour).
If you're willing to put in a little exterior work, you'll gain a one-of-a-kind lakefront retreat with acreage at a price that reflects today's market.
Sold Price/SqFt: 166.41
Sold Price/Acre: 37139.56
Under Contract Date: 2025-12-06
Sold Date: 2026-04-02
Dishwasher: 1
Microwave: 1
Range - Electric: 1
Range Hood: 1
Bookcases: 1
Breakfast Bar: 1
Floor - Vinyl Plank: 1
Handicap Provisions: 1
Brick: 1
Foundation - Slab on Grade: 1
Double Pane Windows: 1
Fire Pit: 1
Porch Covered: 1
Porch Open: 1
Carport Attached: 1
Circular Driveway: 1
Golf Cart Garage: 1
Oversized: 1
Cable - Available: 1
Private Well: 1
Ceiling Fan(s): 1
Central Air: 1
MBath Shower Only: 1
MBath Walk-In Closet: 1
Appliances: Dishwasher; Microwave; Range - Electric; Range Hood
Cooling: Ceiling Fan(s); Central Air
Exterior: Double Pane Windows; Fire Pit; Porch Covered; Porch Open
Financing: Cash; Conventional; FHA; VA
Parking Features: Carport Attached; Circular Driveway; Golf Cart Garage; Oversized; Unpaved
Other Structures: Cabana; Gazebo; Shed(s); Workshop
Rooms: Bedroom; Dining Room; Kitchen; Living Room; Primary Bedroom
Utilities: Cable - Available; Private Well; Septic Tank
Waterfront Type: Lakefront
Present Zoning: Resid Single Family
| Room Name | Level | Dimensions | Length | Width | Remarks |
| Primary Bedroom | First | 14 x 16 | 14.00 | 16.00 | |
| Bedroom | First | 13.5 x 20.5 | 13.50 | 20.50 | |
| Bedroom | First | 11 x 12 | 11.00 | 12.00 | |
| Bedroom | First | 10 x 12 | 10.00 | 12.00 | |
| Living Room | First | 17 x 24 | 17.00 | 24.00 | |
| Kitchen | First | 20 x 10.5 | 20.00 | 10.50 | |
| Dining Room | First | 13.5 x 12.5 | 13.50 | 12.50 | |
| Living Room | First | 17 x 24 | 17.00 | 24.00 | 10x12 L SHAPE |
Listing Office: Realty One Group Emerald Coast
Last Updated: August - 28 - 2026
Information deemed reliable but not guaranteed.