#756967, Listing office: SOUTHERN WAY REALTY, INC.
Property details
About LOTS1 Lakeshore Dr
Elevated above the pristine, spring-fed waters of 581-acre Compass Lake, this rare double lot that has been partially cleared out, offers stunning panoramic views and the perfect opportunity to build your dream lake-view home. Located in the deed-restricted Holiday Estates community, this property combines natural beauty with exclusive access to Compass Lake.As a Holiday Estates property owner, you'll enjoy private access to Compass Lake through the dedicated Parks & Recreation parcel located across the street--offering a rare level of convenience for swimming, fishing, and launching watercrafts. In addition, a public boat ramp is available on the opposite side of the lake, making full lake access easy for boating enthusiasts.This parcel does contain 2 lots, and the paperwork has already been started to split the parcel into individual lots, it just has to be filed with the county. When you buy this parcel, you have the opportunity to split it back to its original platted lots. Sell one and keep the other, or build two houses- you have options!Compass Lake is also home to a couple of charming waterfront restaurants, adding to the relaxed, resort-style lifestyle the area is known for. This property is just off Hwy 231 and less than an hour from both Dothan and Panama City Beach--making it a perfect weekend getaway or full-time retreat.Buyer to pay for owner's title policy/title fees.
Highlights
(Pending)
Summary
- View: Lake
- List Price: $39,490
- Directions: From Alford, travel South on 231. Turn left onto Lakepoint. Turn left onto Compass Lake Dr. Turn left onto Mona Ln. Property is at the corner of Mona Ln and Lakeshore Dr.
- Lot Size: 0.5 Acres
- MLS Number: 776657
- MLS Name: BCAR
- Office Name: Elite Realty
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Last updated on: 8/1/2025, 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
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Nearby schools
4
Cottondale Elementary School
Public District KG-5
13.6 mi
•2766 Levy St
2
Kate M. Smith Elementary School
Public District PK-5
15.9 mi
•1447 South Blvd
6
Waller Elementary School
Public District PK-5
16.3 mi
•11332 E Highway 388
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. The majority of Alford, FL residents have income between $35k-100k annually. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About LOTS1 Lakeshore Dr
The listing price of LOTS1 Lakeshore Dr property is $39,490.
The property LOTS1 Lakeshore Dr is land located in Alford, Florida, 32420.
Sale Pending: LOTS1 Lakeshore Dr is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
The nearby schools for LOTS1 Lakeshore Dr are: Cottondale Elementary School (GreatSchools Rating 4/10), Kate M. Smith Elementary School (GreatSchools Rating 2/10), Waller Elementary School (GreatSchools Rating 6/10), 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).
The property LOTS1 Lakeshore Dr is 0.5 acres.
This home is located at LOTS1 Lakeshore Dr in Alford, FL and zip code 32420. Features: 0 bathroom. It has been listed on Rocket Homes since July 24, 2025 and is currently priced at $39,490.
In June 2025, from all listings sold in Alford, FL there were more than 0 sold above asking price, over 3 sold below and more than 0 were sold right at the asked price. The number of listings in Alford, FL remained the same between May and June 2025. Listings spent 109 days on the market in June 2025, and had a median list price of $215,000 during the same period.