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CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERSAsk about 3.5% down rehab loans. Nestled within the heart of a rapidly expanding region that cherishes its small-town charm while embracing growth, this exceptional property presents a unique opportunity for those with a vision. Spanning over 7.57 mostly cleared acres adorned with producing pecan trees, the land offers a blend of natural beauty and practicality. Its potential for subdivision, free from restrictions, opens up endless possibilities for development or creating your own private haven.At the heart of this estate stands a historic home, a testament to time awaiting a new chapter. While it requires extensive renovation, its solid bones and functional essentials - including water, electric service, a four-year-old propane wall heater, newer single-hung windows in most areas, and solid wood kitchen cabinets - make it a canvas ready for transformation. The huge covered front porch adds a welcoming touch, inviting imaginations to envision its restored glory.Complementing the main residence is a sturdy block garage featuring a workroom and a covered back porch area, perfect for projects or simply enjoying the serene surroundings. The property is priced at land value, yet includes the added benefits of a septic system and city water connection to the home, underscoring the incredible investment opportunity it represents.Located just 2 miles from I-10, this property offers convenient access to major transportation routes, placing historic Bonifay, Chipley, Panama City Beach, and Dothan, Alabama, within easy reach. The area is experiencing growth, attracting specialty retailers, new restaurants, and hosting events that celebrate its heritage and community spirit - from farmers markets and holiday festivals to rodeos and splash parks.This property is not just a piece of land; it's a gateway to a lifestyle that balances the tranquility of country living with the vibrancy of a community on the rise. Whether you're looking to create your dream home while living on-site, develop the land, or invest in the area's growth, this offering is a rare find. With its combination of natural beauty, strategic location, and untapped potential, it invites you to be part of something truly special. Don't miss the chance to make your mark in a place where history meets opportunity.
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DISCLAIMER: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Source: Bay County Association Of REALTORS® Multiple Listing Service