Property
$345,0008.67 Acres4 beds • 2 baths
For Sale
For Sale
$345,0008.67 Acres
For Sale
4 beds • 2 baths

3381 S Highway 2, Bonifay, FL 32425 - Holmes County

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Property ID 24591279

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SINGLE_FAMILY - Ranch - Bonifay, FL

PRICED TO REFLECT STORM CLEANUP - OFFERS ENCOURAGED! This mostly turn-key home is being sold as-is and is priced with updates and cleanup in mind. The yard sustained damage from a tornado two months ago - including downed trees, limbs, and debris - but the home itself had no major issues (no roof leaks or structural damage). Interior is move-in ready, just needs a light refresh after being vacant for 1.5 years. Please review the recent yard photos at the end of the gallery for a clear view of current exterior conditions. Excellent opportunity for buyers looking for value, potential, and instant equity with a motivated seller ready to make a deal. Roughly half of the 8.67-acre parcel is lake property, there is some road noise, and the exterior could use a little love (tree cleanup, carport repairs, etc.). But if you can see past those items, you'll find a rare chance to own lakefront acreage on the 110-acre private Sand Hammock Lake - with a 4-bedroom, 2-bath brick home that has already had beautiful updates inside. As you drive up the tree-lined entrance, you'll pass the established 25-year-old muscadine grape arbors. Inside, you'll find waterproof vinyl plank flooring, an updated kitchen with modern appliances and hardware, and a dining area with beautiful lake views. The spacious primary suite offers a spacious closet and a remodeled bath, with updated fixtures and motion-activated lighting throughout. Outside, enjoy the shade of a large oak tree, the peaceful lake backdrop, and a newer metal-roof gazebo that's perfect for gatherings. Additional perks include copper plumbing, double-pane windows, a 12x24 detached shed with electrical and RV hook-up, and a recently inspected well with new high-pressure tanks (Sept. 2024). This property offers the best of both worlds - peaceful lakefront living with acreage, plus easy access to I-10 (15 minutes), Dothan (30 minutes), and Panama City Beach (1 hour). If you're willing to put in a little exterior work, you'll gain a one-of-a-kind lakefront retreat with acreage at a price that reflects today's market.

Copyright © 2025 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Realty One Group Emerald Coast

License #SL3590437

Panama City Beach, FL

(407) 538-9081
Listing provided by
Kailey Collison
Realty One Group Emerald Coast(850) 830-5955
Source: ListHub, MLS# 778150
Listing status: Active
Listing last updated: December 2, 2025 at 8:40 AM
Listing last checked: December 2, 2025 at 8:30 AM
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Kailey Collison

Realty One Group Emerald Coast
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Kailey Collison

Realty One Group Emerald Coast