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261 Wilkerson Rd, Defuniak Springs, FL, 32433

2beds
1baths
850sqft
$1,350,000
$1,588price/sqft
$9,607/moest. monthly cost
$384,280/yrincome needed

About This Home

Discover the peace and freedom of country living on 80 stunning acres in North Walton County, just 40 minutes from the world-famous beaches of 30A. Tucked away in a quiet, natural setting, this one-of-a-kind property offers the perfect opportunity to create the lifestyle you've always imagined. This is 4 separate parcels being sold as one single property. The East side of Wilkerson Road is the portion of the property with the 5 acre lake and which shows the rendering of a potential home site. This is 3 conjoined parcels that are right under 54 acres. The West side is where the current 2 bedroom homes currently stands and is nearly 27 acres. The land features three beautiful spring-fed ponds, including a stocked 5-acre pond ideal for fishing and relaxing by the water. A charming renovated 2BR/1BA country cottage and large garage/shop provide a comfortable base while leaving endless possibilities for expansion or customization. Whether you envision an equestrian estate, private hunting retreat, family homestead, recreational getaway, or long-term investment, 261 Wilkerson Road gives you the space and freedom to make it your own. Ride horses through open land, enjoy ATV trails, spend quiet mornings fishing, or simply take in the breathtaking natural beauty and privacy that surround you. Opportunities like this are rare - a property where you can truly slow down, spread out, and build the life you want.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
21
BikeSomewhat Bikeable

Schools

5/10
Paxton SchoolGrades PK-127.6 mi

Construction

Condition

  • Property condition: Construction Complete
  • Year built: 1989

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cabin
  • Property subType: Farm

Interior

Bedroom

  • Level: First
  • Area: 144
  • Dimensions: 12 x 12

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 850
  • Total interior livable area: 850 sqft

Kitchen

  • Level: First
  • Area: 64
  • Dimensions: 8 x 8

Living Room

  • Level: First
  • Area: 144
  • Dimensions: 12 x 12

Other

  • Level: First
  • Area: 144
  • Dimensions: 12 x 12

Property

Details

  • Parcel number: 245N20300000010020, 0050, 0060,
  • Zoning description: Agriculture

Features

  • Stories: 1
  • Exterior features: Dock
  • Has view: Yes
  • View description: Pond
  • Has water view: Yes
  • Water view: Pond
  • Waterfront features: Pond

Lot

  • Lot size: 80 Acres
  • Lot size dimensions: see county records for all property

Parking

  • Total spaces: 3
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningVery High
  • Hurricane
    HurricaneRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Lightning
Hurricane
Tornado
Cold Wave
Inland Flooding
Strong Wind
Tsunami

FEMA Declared Disasters in Walton County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,826$81,912
Home Insurance *$1,585$19,020
Property Taxes $999$11,988
Electricity $197$2,366
Total$9,607$115,284
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$329,382/yr
40% on housing$288,210/yr
45% on housing$256,186/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 16.1%
16.1%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 8.0%
8.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,588This listing

vs Other Active Listings

Avg $/sqft

ZIP 32433$112
Walton County$483

vs Homes Sold Last Month

Median $/sqft

ZIP 32433$169
Walton County$400

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-22Price change$1,300,000
2026-05-22Price change$1,350,000
2025-09-17Listed for sale$1,300,000
2025-07-29Listing removed$700,000
2024-05-11Listed for sale$700,000
2024-03-20Listing removed--
2023-09-29Listed for sale$625,000
2022-12-16Sold$575,000
2022-12-09Pending sale$699,900
2022-09-20Price change$699,900
2022-06-06Listed for sale$725,580

For Sale by Agent

AgentColleen ONeill
BrokerageBerkshire Hathaway HomeServices

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