3381 S Highway 2, Bonifay, FL 32425

• 4 beds |
• 2 baths |
• 1,935 sqft

Property Description

PRICED 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.

Listing Status:

Active

Date Added:

August 26, 2025 at 05:00AM

Listing Office:

Realty One Group Emerald Coast : 850-238-8338

MLS ID:

778150

Interior

• General: Handicap Access
• Appliances: Electric Range
• Flooring: Luxury Vinyl Plank
• A/C: Central AirCeiling Fan(s)

Exterior

• General: Fire PitCabanaGazeboShed(s)Workshop
• Style: Ranch
• Other Structures: CabanaGazeboShed(s)WorkshopPorchCoveredOpen
• Parking: Circular DrivewayUnpaved

Construction

• Windows: Double Pane Windows
• General: Brick1

Location

• Road/Access: City Street
• Originating MLS: CPAR_CPAR
• County: Holmes

Lot

• Zoning: COM AT SW COR OF NW1/4 OF NE1/4 OF SEC 33TH RUN E ALG S LINE 647.70 FT TO POBTH N 416.11 FTTH E 250.51 FTTH S 535.79 FT TO PT ON N'LY R/W HWY 2 TH ALG R/W AND CURVE 290.85 FTTH N 247.75 FT TO POB ALSO INGRESS AND EGRESS TO SAND HAMMOCK POND OR 227/93 OR 256/44 ALSO COM AT SW COR OF NW1/4 OF NE1/4 TH E 647.7' TH N 430 ' TO POB TH CONT N 900' TO N BDY OF NW1/4 OF0333.01-000-000-012.000

Financial

• Source: CPAR_CPAR

This listing courtesy of Realty One Group Emerald Coast