This .86-acre cleared waterfront lot on Imperial Lakes is ready for your dream home. With direct water access and a clean slate to build, the property offers both open space and some remaining trees for privacy. Imperial Lakes is a quiet community with four lakes total and covenants allowing only single-family residences (no mobile homes). Located in DeFuniak Springs, the property combines a peaceful setting with convenience-just minutes from shopping, dining, and I-10 for commuters. The area is growing with new development, while still offering small-town charm. Recreational options abound: enjoy fishing and boating from your backyard, explore historic downtown DeFuniak, or take a short 35-minute drive to the beaches of South Walton.Tap fee required.
Lot/land
Price cut: $2.4K (1/5)
$66,500
40 Caswell Rd, Defuniak Springs, FL 32433
--beds
--baths
0.86Acres
Unimproved Land
Built in ----
0.86 Acres Lot
$-- Zestimate®
$--/sqft
$15/mo HOA
What's special
Waterfront lotRemaining trees for privacyDirect water access
- 84 days |
- 150 |
- 12 |
Zillow last checked: 8 hours ago
Listing updated: January 05, 2026 at 03:27am
Listed by:
Rachel C Carter 850-333-3162,
HomeBiz Properties
Source: ECAOR,MLS#: 988776
Originating MLS: Emerald Coast
Facts & features
Property
Features
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake Front
- Frontage type: Water
- Frontage length: Water: 96
Lot
- Size: 0.86 Acres
- Dimensions: 464 x 90 x 500 x 96
- Features: Aerials/Topo Availbl, Build To Suit, Cleared, Covenants, Level, Restrictions, See Remarks, Survey Available, Within 1/2 Mile to Water
Details
- Parcel number: 073N19198000000400
- Zoning description: Resid Single Family
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Connected, Tap Fee Due
Community & HOA
Community
- Features: Fishing
- Subdivision: Imperial Lakes
HOA
- Has HOA: Yes
- HOA fee: $178 annually
Location
- Region: Defuniak Springs
Financial & listing details
- Date on market: 11/1/2025
- Listing terms: Construction Perm,Conventional
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/5/2026 | Price change | $66,500-3.5% |
Source: | ||
| 11/1/2025 | Listed for sale | $68,890-13.8% |
Source: | ||
| 10/1/2025 | Listing removed | $79,900 |
Source: | ||
| 9/16/2024 | Listed for sale | $79,900+16.6% |
Source: | ||
| 6/14/2024 | Listing removed | -- |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 32433
Nearby schools
GreatSchools rating
- 8/10Mossy Head SchoolGrades: PK-5Distance: 9.8 mi
- 7/10Walton Middle SchoolGrades: 6-8Distance: 5 mi
- 6/10Walton High SchoolGrades: 9-12Distance: 3.3 mi
Schools provided by the listing agent
- Elementary: West Defuniak
- Middle: Walton
- High: Walton
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.








