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MLS# 778150

Status: Under Contract - Taking Backups
3381 S Highway 2
Bonifay, FL 32425
$345000.00

Beds Total: 4
Bathrooms: 2.00
Baths Full: 2
Sq Ft Total: 1935.00
Acres: 8.67
Year Built: 1994
On Waterfront: Yes

Photos
Map
URRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERSPRICED TO REFLECT STORM CLEANUP - OFFERS ENCOURAGED!This mostly turn-key home is being sold as-is and is priced with updates and cleanup in mind. The yard sustained damage from a tornado two months ago -- including downed trees, limbs, and debris -- but the home itself had no major issues (no roof leaks or structural damage).Interior is move-in ready, just needs a light refresh after being vacant for 1.5 years.Please review the recent yard photos at the end of the gallery for a clear view of current exterior conditions.Excellent opportunity for buyers looking for value, potential, and instant equity with a motivated seller ready to make a deal.Roughly half of the 8.67-acre parcel is lake property, there is some road noise, and the exterior could use a little love (tree cleanup, carport repairs, etc.). But if you can see past those items, you'll find a rare chance to own lakefront acreage on the 110-acre private Sand Hammock Lake -- with a 4-bedroom, 2-bath brick home that has already had beautiful updates inside.As you drive up the tree-lined entrance, you'll pass the established 25-year-old muscadine grape arbors. Inside, you'll find waterproof vinyl plank flooring, an updated kitchen with modern appliances and hardware, and a dining area with beautiful lake views. The spacious primary suite offers a spacious closet and a remodeled bath, with updated fixtures and motion-activated lighting throughout.Outside, enjoy the shade of a large oak tree, the peaceful lake backdrop, and a newer metal-roof gazebo that's perfect for gatherings. Additional perks include copper plumbing, double-pane windows, a 12x24 detached shed with electrical and RV hook-up, and a recently inspected well with new high-pressure tanks (Sept. 2024).This property offers the best of both worlds -- peaceful lakefront living with acreage, plus easy access to I-10 (15 minutes), Dothan (30 minutes), and Panama City Beach (1 hour).If you're willing to put in a little exterior work, you'll gain a one-of-a-kind lakefront retreat with acreage at a price that reflects today's market.

Additional Features

List Date:2025-08-26
Full Baths:2
Waterfront:Yes
Sub Area:0801 - Holmes North-East
Community/Resort:None
Parcel ID:0333.01-000-000-012.000
Appliances:Dishwasher,Microwave,Range - Electric,Range Hood
HOA Fee:No
Cumulative DOM:102
Days On Market:102
Last Taxes:5109.00
Last Tax Year:2024
Utilities:Cable - Available,Private Well,Septic Tank
Present Zoning:Resid Single Family
Exterior:Double Pane Windows,Fire Pit,Porch - Covered,Porch - Open
Lot Features:Waterfront
Construction/Siding:Brick,Foundation - Slab on Grade,Roof - Metal