Elevated above the pristine, spring-fed waters of 581-acre Compass Lake, this rare double lot that has been partially cleared out, offers stunning panoramic views and the perfect opportunity to build your dream lake-view home. Located in the deed-restricted Holiday Estates community, this property combines natural beauty with exclusive access to Compass Lake.As a Holiday Estates property owner, you'll enjoy private access to Compass Lake through the dedicated Parks & Recreation parcel located across the street--offering a rare level of convenience for swimming, fishing, and launching watercrafts. In addition, a public boat ramp is available on the opposite side of the lake, making full lake access easy for boating enthusiasts.This parcel does contain 2 lots, and the paperwork has already been started to split the parcel into individual lots, it just has to be filed with the county. When you buy this parcel, you have the opportunity to split it back to its original platted lots. Sell one and keep the other, or build two houses- you have options!Compass Lake is also home to a couple of charming waterfront restaurants, adding to the relaxed, resort-style lifestyle the area is known for. This property is just off Hwy 231 and less than an hour from both Dothan and Panama City Beach--making it a perfect weekend getaway or full-time retreat.Buyer to pay for owner's title policy/title fees.
Pending
Price cut: $20K (7/24)
$39,490
Lots 1 & 2 Lakeshore Dr, Alford, FL 32420
--beds
--baths
0.5Acres
Est.:
Unimproved Land
Built in ----
0.5 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Stunning panoramic viewsNatural beauty
- 19 days
- on Zillow |
- 173 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: August 01, 2025 at 07:22am
Listed by:
Casey Owens 850-326-3704,
Elite Realty
Source: CPAR,MLS#: 776657
Originating MLS: Central Panhandle Association of REALTORS

Travel times
Facts & features
Property
Features
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
Lot
- Size: 0.5 Acres
Details
- Parcel number: 062N11021800D00010
- Zoning description: Deed Restrictions
Utilities & green energy
- Utilities for property: None
Community & HOA
Community
- Subdivision: Holiday Estates
HOA
- Has HOA: No
Location
- Region: Alford
Financial & listing details
- Date on market: 7/22/2025
- Listing terms: Cash,Conventional
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