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000 HIGHWAY 20 Highway, Chipley, FL 32428

$2,500,000
Property Type: Commercial Land Lot Size (sq. ft.): 27,399,240 Status: Sold
Current Price: $3,500,000 List Date: 5/04/2015 Last Modified: 10/08/2024

Description

629 acres of high and dry land with a +/- 90 acre spring-fed lake (a/k/a Cogburn Pond, Compass Lake, or Lake Helen). The 90 acre lake has an old plat that includes 146 single family lots with 10 acre tracts making up the rest of the property. The spring fed, limestone lake is over 60 feet deep and ringed with large oak trees. The current zoning allows for one unit per ten acres. Rezoning and additional infrastructure could achieve a much higher density. 100' ROW easement from Hwy 20. The location, access and features of this large tract allow for many potential recreational and development opportunities. Call today to setup a tour of this North Florida paradise.

More Information MLS# 390787

Contract Info

List Price/Acre: 5564.39 List Date: 2009-01-12 List Price: $3,500,000 Current Price: $2,500,000 Sub-Type: Land/Acres

Location, Tax & Legal

Sub Area: 1003 - Washington SW Business Name: Name Community/Resort: None Waterfront: Yes Section: 26 Township: 1 Directions: North on Highway 77 from Panama City to Highway 20. West (Left) on Highway 20 approximately one mile. Property located on the North side of Hwy 20. HOA Fee: No Street #: 000 Street Name: HIGHWAY 20 Street Suffix: Highway State: FL Zip Code: 32428 County: Washington Area: 10 - Washington County Subdivision: Crystal Lake Parcel ID: 00000000-00-4156-0000 Legal Description: Long Legal Washington County Parcel ID#'s 00000000-00-4156-0000 629 Acres

General Property Info

Acreage: 629 Frontage Feet: 100 Is Subject Leased: No

Remarks & Misc

Remarks: 629 acres of high and dry land with a +/- 90 acre spring-fed lake (a/k/a Cogburn Pond, Compass Lake, or Lake Helen). The 90 acre lake has an old plat that includes 146 single family lots with 10 acre tracts making up the rest of the property. The spring fed, limestone lake is over 60 feet deep and ringed with large oak trees. The current zoning allows for one unit per ten acres. Rezoning and additional infrastructure could achieve a much higher density. 100' ROW easement from Hwy 20. The location, access and features of this large tract allow for many potential recreational and development opportunities. Call today to setup a tour of this North Florida paradise.

Status Change Info

Sold Price/Acre: 3974.56 Status: Sold Under Contract Date: 2015-11-19 Sold Date: 2016-07-13 Sold Price: $2,500,000

Farm Info

Utility Building: 1

Financing

Cash: 1 Conventional: 1 Seller Financing: 1

Waterfront Feature

Waterfront Feet: 1000

Lot/Parcel Access

Paved Road: 1

Present Zoning

Agriculture: 1 County: 1

Utilities

Electricity - Connected: 1

Waterview

Lake: 1

Waterfront Type

Lakefront: 1

TransportationAccess

Paved: 1 Unpaved: 1

Property Features

TransportationAccess: Paved; Unpaved Farm Info: Utility Building Financing: Cash; Conventional; Seller Financing Utilities: Electricity - Connected Waterfront Type: Lakefront Present Zoning: Agriculture; County Waterview: Lake
Listing Office: NAI TALCOR
Last Updated: October - 08 - 2024
Information deemed reliable but not guaranteed.