3381 S Highway 2, Bonifay, FL 32425

Property Description

URRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS 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.