About This Home

This 3-bedroom, 2-bathroom single family at 284 Compass Lake Drive in Alford, FL is listed for $289,000 ($139 per sqft). Built in 2006, the home offers 2,080 sqft of living space on a 1.00 acres lot.

Key Features

  • Built in 2006
  • 1.00 acre lot
  • 2 stories

Property Details

2 stories
1 full, 1 half
2006

Amenities

ViewA/C
Listing Description

An additional adjoining 1-acre lot is also available for purchase, offering the opportunity to own a full 2 acres! Perched high on the hills overlooking Compass Lake, this beautiful, newly remodeled, two-story home offers over 2,000 square feet of unique living space, with breathtaking bird's-eye views of the lake from the second floor.

You won't find a more distinctive and well-maintained property! The spacious main level features an impressive 24' x 25' living area, a convenient half bath, and an oversized laundry room with plenty of room for additional storage, a closet, or even a home office.

Upstairs, you'll find two bedrooms, a versatile loft that can serve as a third bedroom or additional living space, a full kitchen, and a full bathroom. The flexible layout offers plenty of possibilities for buyers to personalize the space and make it their own.

Thoughtful seller upgrades include underground electrical service, generator hookup wiring, double-pane argon gas windows, and a 22' x 30' fenced dog pen at the rear of the property. Enjoy the peace, privacy, and tranquility that make this property so special, all while remaining conveniently located near Highway 231 for an easy commute to Panama City or Dothan.

Whether you're looking for a unique full-time residence, a peaceful retreat, or the opportunity for an income producing property such as a BNB, this Compass Lake gem offers endless possibilities! *Select photos have been virtually staged. Original photo included as well.

Monthly Cost Estimate

$1,546/mo

20% down · 6.5% · 30 years

Principal$209
Interest$1,252
Insurance$84

Estimates only. Actual payments may vary.

Location

284 Compass Lake Drive

Alford, FL 32420

[No Recorded Subdiv]

Features & Amenities

Interior Features

InteriorStepsLoft

Exterior Features

Patio

Property Details

Flooring

VinylPlank

Construction

HardiplankType VinylSiding

Views

Lake

Outdoor Features

PatioPorch

Heating

Central

Cooling

Ceiling Fan(s)Central Air

Appliances

ElectricRangeElectricWaterHeater

Questions & Answers

This 3-bedroom, 2-bathroom single family at 284 Compass Lake Drive is listed at $289,000 ($139/sqft). The estimated monthly payment is $1,545 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2006, 1.00 acre lot, 2 stories. Interior Features: InteriorSteps, Loft. Exterior Features: Patio.

This property is listed by Christin Branch.

CB

Christin Branch

Agent at Chipola Realty

Listed by Chipola Realty · Broker phone: (850) 209-8013 · View on Broker Site · Broker website

MLS# 796797· Source: Central Panhandle Association of REALTORS· 7 days on PropertySimple

Copyright © 2026 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.

284 Compass Lake Drive, Alford, FL 32420

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