DEFUNIAK SPRINGS, FL 32435
This is an assignment of contract... Discover the opportunity to build your vision on this expansive 1.59 acre homesite located on S Pheasant Road in Defuniak Springs. This property offers a rare combination of privacy, usability, and accessibility, making it an ideal setting for a custom residence, long term investment, or future development in a growing area of Northwest Florida. Positioned in an X flood zone, the property provides added confidence with no required flood insurance. According to the wetland mapper, there are no wetlands identified on the parcel, supporting a more straightforward path to development. Electricity is nearby, further enhancing the ease of building and overall value of this homesite. The location offers a peaceful, rural lifestyle while remaining conveniently connected to everyday essentials. Nearby schools include Walton High School, Walton Middle School, and West DeFuniak Elementary School. Medical services are easily accessible with North Walton Doctors Hospital and Healthmark Regional Medical Center nearby. Daily conveniences are just a short drive away with options such as Walmart Supercenter, Winn-Dixie, and Piggly Wiggly. The property is also well positioned for access to surrounding cities, including Crestview, Niceville, Destin, and Santa Rosa Beach, offering proximity to employment, shopping, dining, and the white sand beaches of the Emerald Coast. Travel is convenient with access to Destin Fort Walton Beach Airport and Northwest Florida Beaches International Airport, both within a reasonable drive. This is an exceptional opportunity to secure usable acreage in a desirable and steadily growing market. Whether you are looking to build now or hold for future appreciation, this property offers flexibility, value, and long term potential.
Sample estimate — not an appraisal
Based on 27 comparable sales within 3 miles of DEFUNIAK SPRINGS, FL. priced under RENA ValiQ.
Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.
Tax, insurance and HOA are editable estimates with Florida-typical defaults — Florida homeowners insurance in particular varies widely by location and elevation. Confirm exact figures with a lender and insurer.
Reference timeline for $19,000. Live MLS history swaps in with the Stellar feed.
| Date | Event | Price | Change |
|---|---|---|---|
| 2026-07 | Listing updated | $19,000 | — |
| 2026-02 | Price changed | $19,000 | −$570 |
| 2025-11 | Listed | $19,570 | — |
Reference scores for DEFUNIAK SPRINGS, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.
Listed by Thomas Sons · CENTURY 21 SUNBELT REALTY
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
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