207 Compass Lake Dr

Alford, FL 32420

$875,000
Last Sold Price
3
Beds
1,785 Sq. Ft.
$490 / Sq. Ft.
1,785
Sq. Ft.
$490
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Sold 9/28/23
Sold 9/28/23

Description

Compass Lake Waterfront Home with plenty of LAND! We have all used the words ''location, location, location'', ''waterfront home'', ''plenty of land to build your dream home'', ''come see paradise for yourself'', but rarely do you truly find that ''once in a lifetime property'' that truly lives up to the billing.... until now! This 11.12 acres parcel with 308ft of waterfrontage on the large lake section of Compass Lake offers spectacular views of the entire lake. Priced BELOW recent appraisal! There...Compass Lake Waterfront Home with plenty of LAND! We have all used the words ''location, location, location'', ''waterfront home'', ''plenty of land to build your dream home'', ''come see paradise for yourself'', but rarely do you truly find that ''once in a lifetime property'' that truly lives up to the billing.... until now! This 11.12 acres parcel with 308ft of waterfrontage on the large lake section of Compass Lake offers spectacular views of the entire lake. Priced BELOW recent appraisal! There are no known deed restrictions for the land, so let your mind wander into the endless possibilities of highest and best use for you. The current home on the property could be updated to fit your pleasure or you could add additional structures that are more your style. Compass lake is a world class ski lake, great for fishing, swimming or just taking a leisure boat ride around to soak it all in. Just a sunset cruise away from the restaurant. Come and see for yourself what the land of endless possibilities looks like. Call today!
  1. Listed by Ben H Odom • CountryLand Realty, Inc.

Property Details for 207 Compass Lake Drive

Architectural Style
Other
Waterfront
Yes
Waterfront Features
Lake, Lake Front
Parking Features
Open
Subdivision Name
No Named Subdivision
View
Lake
Zoning Description
Resid Single Family
View
Yes
LISTING UPDATED: 12/02/2025 02:27 AM

Property Details for 207 Compass Lake Drive

StatusSold
MLS #745426
Days on Market5
Taxes$1,136 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence / Single Family Residence
Year Built1952
Lot Size11.12 AC / 484,387 SF
CountyJackson County
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Location

Listing Courtesy of CountryLand Realty, Inc.

Sold By CountryLand Realty, Inc.

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Building Information for 207 Compass Lake Drive

Stories1Year Built1952Building Size-Lot Size11.12 AC / 484,387 SF

Payment Calculator

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$4,359 per month

30 year fixed, 6.15% Interest

Principal and Interest

$4,265

Property Taxes

$95

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 207 Compass Lake Drive

Summary
Location and General Information
  • City: Alford
  • County Or Parish: Jackson
  • Directions: From Panama City, take HWY 231 North for 20 miles or so, make a right on Lake Point Rd. About a half mile, turn right on Compass Lake Drive. Property is a quarter mile down on your left.
  • State Region: FL
  • Postal Code: 32420
  • Latitude: 30.585011
  • Longitude: -85.382938
  • State Or Province: FL
  • MLS Area Major: 09 - Jackson County
  • MLS Area Minor: 0904 - Jackson - Alford/Compass Lake
Taxes and HOA Information
  • Parcel Number: 07-2N-11-0100-0000-0050
  • Association: No
  • Tax Annual Amount: $1,136.00
  • Tax Legal Description: LOT 5 IN NW1/4 OF SW1/4 IN CRAWFORD SURVEY...OR 01 P 791 OR 867 P 155 OR 1331 P 668
  • Tax Year: 2022
School Information
  • Elementary School: Marianna K-8
  • High School: Marianna
  • Middle Or Junior School: Marianna K-8
Parking
  • Attached Garage: No
  • Garage: No
  • Open Parking: Yes
Property
Lot Information
  • Building Area Total: 1785.0
  • Lot Features: Paved
  • Lot Size Acres: 11.12
  • Lot Size Area: 11.12
  • Lot Size Dimensions: 318x1500
  • Lot Size Units: Acres
  • Lot Size Square Feet: 484387.0
  • Living Area Source: Appraiser
Property and Assessments
  • Year Built: 1952
  • Human Modified: No
Interior and Exterior Features
Exterior Features
  • Fencing: Partial
  • Community Features: Waterfront, Short Term Rental Allowed
Interior Features
  • Levels: One
  • Stories: 1
  • Stories Total: 1
  • Bathrooms Full: 2
  • Bathrooms Total: 2
  • Bedrooms Total: 3
  • Rooms Total: 3
  • Cooling: Yes
  • Cooling: Central Air
  • Heating: Yes
  • Heating: Central
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Appliances: Electric Oven, Electric Water Heater
Room Information
Room 1
  • Room Dimensions: 12 x 4
  • Room Length: 12.0
  • Room Level: First
  • Room Type: Full Bath
  • Room Width: 4.0
Room 2
  • Room Dimensions: 14 x 10
  • Room Length: 14.0
  • Room Level: First
  • Room Type: Kitchen
  • Room Width: 10.0
Room 3
  • Room Dimensions: 14 x 12
  • Room Length: 14.0
  • Room Level: First
  • Room Type: Laundry
  • Room Width: 12.0
Multi Family
Multi-Family Information
  • Units Furnished: Partially
Mobile Home
Mobile Home Information
  • Mobile Dim Units: Feet
Rental
Rental Information
  • Occupant Type: Vacant

Property History for 207 Compass Lake Drive

DateEvent & SourcePriceAppreciation
Feb 17, 2026

Withdrawn

CPAR #766857

$1,200,000—
Jan 6, 2025

Listed (Active)

CPAR #766857

$1,400,000—
Sep 28, 2023

Sold

CPAR #745426

$875,000—
Sep 27, 2023

Sold (Public Record)

Public Record #1521589338

$875,000—
Aug 28, 2023

Pending

CPAR #745426

—
Aug 18, 2023

Listed (Active)

CPAR #745426

$899,000—
DateEvent & SourcePrice
02/17/2026

Withdrawn

CPAR #766857

$1,200,000
01/06/2025

Listed (Active)

CPAR #766857

$1,400,000
09/28/2023

Sold

CPAR #745426

$875,000
09/27/2023

Sold (Public Record)

Public Record #1521589338

$875,000
08/28/2023

Pending

CPAR #745426

—
08/18/2023

Listed (Active)

CPAR #745426

$899,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 207 Compass Lake Drive

Taxable ValueLand$310,000Additions$101,042Total$411,042
Tax Record2025$5,481 ($457 / month)
Home Facts
Beds0Total Finished SqFt1,785 SqFtAbove Grade Finished SqFt1,785 SqFtStories1Lot Size484,561 SqFtStyleSingle Family ResidenceYear Built1952Year Renovated1982CountyJACKSONAPN07-2N-11-0100-0000-0050

Schools near 207 Compass Lake Drive

This home is within Jackson.
Rating
School
Type
Grades
Distance
Cottondale Elementary School
Public - PK to 5
Cottondale High School
Public - 6 to 12
Jackson Virtual School
Public - K to 12
Graceville Elementary School
Public - PK to 5
Rating
School
Distance
Cottondale Elementary School
PublicPK to 5

Cottondale High School
Public6 to 12

Jackson Virtual School
PublicK to 12

Graceville Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of CountryLand Realty, Inc.

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2026 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.