# 1246 N US Hwy 331, Defuniak Springs, FL 32433

> **TL;DR:** land, $400,000.
> Waterfront, View. Est. $1,733/mo. Listed 598 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $400,000 |
| Lot Size | 419,483 sqft (9.63 acres) |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 598 |

## Why This Home Stands Out

- **Waterfront** - Direct water access
- **Views** - Lake

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,733 |
| **Total** | **$1,733** |

## Nearby Schools

- **Elementary:** Maude Saunders
- **Middle:** Walton
- **High:** Walton

## Key Amenities

- Waterfront
- View

## Property Highlights

- 9.63 acre lot
- Waterfront

## Description

### Agent Description
Hwy frontage along US Hwy 331! 4 Lots make up this 9.63 acre property, the front of the lots are situated along Hwy 331N, while the rear of the properties back up to Lake Rosemary. Current zoning will allow for up to 4 units per acre. With the possibility to convert the property to commercial allowing 12 units per acre. Converting from residential to commercial would require Walton County's approval. This land has so much opportunity; developing for housing, creating an RV Park or so much more. The property currently offers a 2 bay pole barn with a storage room, and a 3 bay pole barn. The property has electricity, a well & septic are both available, but the condition of them are unknown. This land has been used for 25+ years for heavy equipment including but not limited to (cont) to directional boring rigs, dump trucks, semi trucks, tractors, trailers, motor homes, etc. Phone lines have been on the property previously, condition is also unknown by the Seller.

## Location

- **Address:** 1246 N US Hwy 331, Defuniak Springs, FL 32433
- **County:** Walton
- **Neighborhood:** LAKE ROSEMARY ESTATES UNIT 1
- **Coordinates:** 30.752214, -86.147966
- **Google Maps:** https://www.google.com/maps?q=30.752214,-86.147966

## Listing Agent

- **Name:** Misty McHenry
- **Brokerage:** Watersound Real Estate
- **Phone:** 8508653085
- **Email:** mistyon30a@gmail.com

## Primary Photo

![1246 N US Hwy 331 - Primary Photo](http://lh.rdcpix.com/567a3590fdf051ddaf01ccb71fdbde5cl-f3549904928r.jpg)

*35 total photos available on [listing page](https://www.propertysimple.com/listing/1246-n-us-hwy-331-defuniak-springs-fl-32433-l961161)*

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**MLS#:** 961161 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1246-n-us-hwy-331-defuniak-springs-fl-32433-l961161)

---

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  "description": "Hwy frontage along US Hwy 331! 4 Lots make up this 9.63 acre property, the front of the lots are situated along Hwy 331N, while the rear of the properties back up to Lake Rosemary. Current zoning will allow for up to 4 units per acre. With the possibility to convert the property to commercial allowing 12 units per acre. Converting from residential to commercial would require Walton County's approval. This land has so much opportunity; developing for housing, creating an RV Park or so much more. ",
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