Rare Oversized 1.3 Acre Waterfront Lot on a Cul-de-sac with a whopping 225 waterfront feet. Located in popular Magnolia Lake Estates, a small neighborhood in the city limits of DeFuniak Springs, a mere 5 minute drive to the historic and charming downtown. Still mostly wooded but some underbrush has been cleared so you can walk down to the water. The adjacent property is owned by the city with retention area and lift station, so no one will ever build on that side. The size & location ensures you can build the home of your dreams in the ideal private and secluded location. Located close to schools, parks and shopping with only one entrance in/out for a more protected neighborhood environment. Electric, public water, sewer, natural gas & high speed internet available. (tap fees unpaid).
Lot/land
$79,900
20 Magnolia Lake Dr, Defuniak Springs, FL 32433
--beds
--baths
1.32Acres
Unimproved Land
Built in ----
1.32 Acres Lot
$287,200 Zestimate®
$--/sqft
$17/mo HOA
What's special
- 161 days |
- 68 |
- 6 |
Zillow last checked: 8 hours ago
Listing updated: August 07, 2025 at 07:56am
Listed by:
Kim E Wennerberg 850-635-1801,
Kim & Company
Source: ECAOR,MLS#: 980082
Originating MLS: Emerald Coast
Facts & features
Property
Features
- Exterior features: Dock
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Waterfront, Lake Front
- Frontage type: Water
- Frontage length: Water: 224
Lot
- Size: 1.32 Acres
- Dimensions: 38 x 404 x 278 x 78 x 364
- Features: Restrictions, Survey Available
Details
- Additional structures: Pavillion/Gazebo
- Parcel number: 153N191902000A0200
- Zoning description: Resid Single Family
Utilities & green energy
- Utilities for property: Electricity Connected
Community & HOA
Community
- Features: Deed Access, Fishing, Picnic Area
- Subdivision: Magnolia Lake Estates Ph 1
HOA
- Has HOA: Yes
- HOA fee: $200 annually
Location
- Region: Defuniak Springs
Financial & listing details
- Tax assessed value: $251,195
- Annual tax amount: $304
- Date on market: 7/2/2025
- Listing terms: Conventional
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$287,200
$261,000 - $313,000
$2,294/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2025 | Listed for sale | $79,900-20% |
Source: | ||
| 3/5/2024 | Listing removed | -- |
Source: | ||
| 11/2/2023 | Listing removed | $99,900-13.1% |
Source: | ||
| 9/28/2023 | Listed for sale | $114,900-56.1% |
Source: | ||
| 9/27/2021 | Sold | $262,000-6.1% |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,894 +2.8% | $251,195 +2.1% |
| 2023 | $2,815 +5.5% | $246,046 +3% |
| 2022 | $2,668 +116.3% | $238,880 +83.9% |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 32433
Nearby schools
GreatSchools rating
- 3/10Maude Saunders Elementary SchoolGrades: K-5Distance: 0.1 mi
- 7/10Walton Middle SchoolGrades: 6-8Distance: 2.7 mi
- 6/10Walton High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Maude Saunders
- Middle: Walton
- High: Walton
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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