#381049, Listing office: Keller Williams Town & Country
$1,400,000 List price
207 Compass Lake Dr Alford, FL 32420
3 beds
2 full
1,785 sqft
11.1 acres
$784 / sqft
House
Property details
About 207 Compass Lake Dr
This HIGHLY desirable lake front (almost 310 feet waterfrontage) property is not just a 'lot', it is 11.12 acres of pure scenic beauty! If you are tired of the hustle in city life, Compass Lake (approx 700 acres) is the perfect location. Just a little over 30 miles (south) to Panama City and just a little over 40 miles (north) to Dothan Alabama. This property has a brand new 36x28 pavilion with concrete slab and a brand new Trex dock, which is resistant to rot, warping and splintering.Compass Lake is known for being a spring-fed lake that's popular for water sports, and for being surrounded by a 10,000-acre master-planned community. Compass Lake is a great place for water sports like water skiing, wakeboarding, fishing, swimming, kayaking, canoeing, and paddleboarding. The area around Compass Lake is known for its natural beauty, including cypress trees, wildlife, and underwater caves. The Compass Lake in the Hills community offers many amenities, including: A private outdoor pool A starlight terrace Tennis and handball courts A boat ramp and dock A disc golf course A driving range A clubhouse facility for rent at McCormick Lake Olle's restaurantRe-model the existing home or build your dream home!! If you area an investor please note that 4-5 acres is conservation. If property were to be divided you can put 2 homes per acre with the remaining 6+- acreage. If units share well only it can be 3 units per acre and if well and septic are shared it can be 4 units per acre. Please check with Jackson County Planning and Zoning for any updates.Must show pre-approval of proof of funds.All measurements are more or less.
Highlights
Home typeSingle Family Residence
StatusActive
Size1,785 sqft
Lot size11.12 Acres
Year built1952
MLS #766857
WaterfrontLake Front
Summary
- Full Bathrooms: 2
- Total Bedroom Count: 3
- Waterfront: Lake Front
- Architectural Style: Other
- List Price: $1,400,000
- Price/SqFt: $784
- Annual Tax Amount: $1,197
- Tax Year: 2023
- Directions: From Hwy 231 and Interstate 10 travel south on Hwy 231 for 13 miles. Turn left on Lakepoint Rd and travel .3 miles and turn right on Compass Lake Dr. Property is .2 miles on the left.
- Year Built: 1952
- Living Area: 1,785 SqFt
- Lot Size: 11.12 Acres
- MLS Number: 766857
- MLS Name: BCAR
- Office Name: Maphis Realty Group
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively 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 deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2025 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 12:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 03, 2023 | Home Sold | $875,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $136,296 | $1,197 |
| 2022 | $132,326 | $1,135 |
| 2021 | $128,472 | $1,135 |
| 2020 | $125,272 | $1,134 |
| 2019 | $122,456 | $1,144 |
| 2018 | $120,173 | $1,113 |
| 2017 | $117,701 | $1,080 |
History based on county public records data.
Nearby schools
4
Cottondale Elementary School
Public District KG-5
14.4 mi
•2766 Levy St
6
Waller Elementary School
Public District PK-5
15.5 mi
•11332 E Highway 388
2
Kate M. Smith Elementary School
Public District PK-5
16.3 mi
•1447 South Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $55,729. Typical income of Alford, FL residents is between $35k-100k annually. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
33%
<35k
48%
35k-100k
14%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
36%
Single, No Kids
7%
Single, with Kids
43%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
6%
12-17 yrs old
14%
18-34 yrs old
49%
35-64 yrs old
21%
65+ yrs old
What do the neighbors do for fun?
NASCAR
Hunting
Pro Wrestling
Where do the neighbors shop?
Dollar General
Wal-Mart
Bass Pro Shops
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
GMC
Ram
Dodge
What do the neighbors listen to?
Classic Country- Country
New Country
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
About 207 Compass Lake Dr
The listing price of 207 Compass Lake Dr property is $1,400,000.
The property 207 Compass Lake Dr is a house located in Alford, Florida, 32420.
Active Listing: 207 Compass Lake Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 207 Compass Lake Dr are: Cottondale Elementary School (GreatSchools Rating 4/10), Waller Elementary School (GreatSchools Rating 6/10), Kate M. Smith Elementary School (GreatSchools Rating 2/10), Carr Elementary & Middle School (GreatSchools Rating 6/10), Roulhac Middle School (GreatSchools Rating 6/10), Vernon Middle School (GreatSchools Rating 2/10), Jackson Alternative School (GreatSchools Rating 1/10), Cottondale High School (GreatSchools Rating 5/10), Altha Public School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $1,197 (source: MLS/based on county public records data).
The last sale was on October 3, 2023 for $875,000 (source: MLS/tax record).
The property at 207 Compass Lake Dr has 3 bedrooms and 2 bathrooms.
The property 207 Compass Lake Dr is 1,785 SqFt (source: MLS/tax record).
The year of construction for 207 Compass Lake Dr is 1952.
This home is located at 207 Compass Lake Dr in Alford, FL and zip code 32420. This 1,785 square foot home, which was built in 1952, sits on a 11.12 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 7, 2025 and is currently priced at $1,400,000.
In June 2025 more than 0 listings in Alford, FL were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 3 were sold below. The inventory of homes for sale in Alford, FL between May and June 2025 did not move. In June 2025, listings were on the market for 109 days. During the same period, the median list price in this real estate market was $215,000.
From Rocket Homes Real Estate and based on county public records data.