Beautiful 42-acre country property located just southeast of Graceville, Florida, offering a great combination of pasture land, water, and functional farm improvements. This property would make an excellent small farm, horse property, or rural homesite in the Florida Panhandle.
The land is approximately 80% open pasture and is fenced behind the home, providing ideal conditions for livestock, horses, or agricultural use. A scenic pond of approximately one-third acre sits just behind the home and can be enjoyed from the back sunroom overlooking the yard and water.
The 1,548 square foot home is well-maintained and offers 2 bedrooms and 1 bathroom, with several areas that could potentially be converted into a third bedroom if desired. The home features a large front porch that provides a welcoming entry and a great place to relax and enjoy the peaceful country setting. A two-car attached carport is located on the side of the home for convenient covered parking.
Additional improvements include multiple barns and storage buildings, making the property well-suited for farm or hobby use. There are four total barns on the property, including two solid cinder block barns and two older wooden barns that provide additional storage or livestock shelter. Mature pecan trees add character to the property and enhance the traditional farm setting.
The home is served by private well and septic.
This property is conveniently located in the rural countryside while still providing easy access to nearby towns and amenities.
Location:
Approximately 5 miles southeast of Graceville, Florida
Approximately 22 miles south of Dothan, Alabama
Approximately 60 miles north of Panama City, Florida
Approximately 80 miles northeast of Destin, Florida
This is a great opportunity to own a versatile farm property with pasture land, water, barns, and a well-maintained home in the Florida Panhandle.
For sale
$375,000
4906 Galloway Rd, Graceville, FL 32440
2beds
1,548sqft
Est.:
Single Family Residence
Built in 1937
42 Acres Lot
$-- Zestimate®
$242/sqft
$-- HOA
What's special
Fenced behind the home
- 26 days |
- 1,387 |
- 97 |
Zillow last checked: 7 hours ago
Listing updated: March 16, 2026 at 12:12pm
Listed by:
David Miller 334-790-7208,
Fulford Real Estate Inc.
Source: CPAR,MLS#: 786876
Originating MLS: Central Panhandle Association of REALTORS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Kitchen, Living Room
Kitchen
- Level: First
- Dimensions: 12 x 14
Living room
- Level: First
- Dimensions: 14 x 14
Heating
- Central, Heat Pump
Cooling
- Central Air, Heat Pump, Wall Unit(s)
Appliances
- Included: Electric Range
Interior area
- Total structure area: 1,548
- Total interior livable area: 1,548 sqft
Property
Features
- Fencing: Cross Fenced,Partial
- Has view: Yes
- View description: Other
Lot
- Size: 42 Acres
- Dimensions: 42ac
Details
- Parcel number: 186N12000000200010
- Zoning description: Agriculture
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Country
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Pillar/Post/Pier
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1937
Community & HOA
Community
- Features: Laundry Facilities, Park, Short Term Rental Allowed
- Subdivision: [No Recorded Subdiv]
HOA
- Has HOA: No
Location
- Region: Graceville
Financial & listing details
- Price per square foot: $242/sqft
- Tax assessed value: $75,936
- Annual tax amount: $86
- Date on market: 3/16/2026
- Road surface type: Dirt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/16/2026 | Listed for sale | $375,000$242/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $40,247 +3% |
| 2023 | $54 -41.8% | $39,075 +3% |
| 2022 | $92 +13.3% | $37,937 +3% |
| 2021 | $81 +6.1% | $36,832 +1.4% |
| 2020 | $77 +10.6% | $36,323 +2.3% |
| 2019 | $69 +15.2% | $35,506 +1.9% |
| 2018 | $60 +7.3% | $34,844 +2.1% |
| 2017 | $56 | $34,127 +2.1% |
| 2016 | $56 +26.1% | $33,425 +0.7% |
| 2015 | $44 +15.9% | $33,193 +0.8% |
| 2014 | $38 | $32,930 +1.5% |
| 2013 | -- | $32,443 +1.7% |
| 2012 | -- | $31,901 +3% |
| 2011 | -- | $30,972 +1.5% |
| 2010 | -- | $30,514 +2.7% |
| 2009 | -- | $29,712 -2.8% |
| 2008 | -- | $30,572 +6.1% |
| 2007 | -- | $28,817 +2.5% |
| 2006 | -- | $28,114 +3% |
| 2005 | -- | $27,295 +3% |
| 2004 | -- | $26,500 +1.9% |
| 2003 | -- | $26,006 -0.6% |
| 2002 | -- | $26,158 +4.6% |
| 2001 | -- | $24,996 +3% |
| 2000 | -- | $24,268 |
Find assessor info on the county website
Monthly payment
Est. payment
$2,262/mo
Principal & interest
$1818
Property taxes
$444
More affordability tools
Climate risks
Neighborhood: 32440
Nearby schools
GreatSchools rating
- 3/10Graceville High SchoolGrades: PK-12Distance: 4.1 mi
Local experts in 32440
- Florida
- Jackson County
- Graceville
- 32440
- 4906 Galloway Rd




