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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

    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).
    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#: 980082MLS LogoOriginating 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
    DateEventPrice
    7/2/2025Listed for sale$79,900-20%
    Source: ECAOR #980082 Report a problem
    3/5/2024Listing removed--
    Source: ECAOR #933307 Report a problem
    11/2/2023Listing removed$99,900-13.1%
    Source: ECAOR #933307 Report a problem
    9/28/2023Listed for sale$114,900-56.1%
    Source: ECAOR #933307 Report a problem
    9/27/2021Sold$262,000-6.1%
    Source: ECAOR #879223 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax 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
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
    Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
    See how much you could borrow to make a competitive offer.

    Boost your down payment with 6% savings match

    Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: 32433

    Nearby schools

    GreatSchools rating
    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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