Rare oversized Magnolia Lake waterfront lot offering approximately 1.32 acres with an impressive 224 feet of water frontage in the quiet and desirable Magnolia Lake Estates community. Located just minutes from downtown DeFuniak Springs, schools, parks, shopping, and dining, this property offers the perfect blend of privacy, nature, and convenience.
Situated near the end of a cul-de-sac with paved road access, the lot features beautiful mature trees, scenic lake views, and a peaceful natural setting ideal for a future lakefront home or long-term investment. The property is adjacent to community amenities, including the dock, fishing area, pavilion, picnic area, and waterfront common space.
Magnolia Lake Estates features restricted lakefront homes with a minimum 1,500 heated/cooled square foot requirement and no required build timeline, giving buyers the flexibility to build now or hold for the future. Survey available. Electric nearby.
Enjoy the privacy and space of a larger waterfront parcel while still being close to town and everyday conveniences.
MAGNOLIA LAKE DR, DeFuniak Springs, FL, 32433
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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