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379 Lakepoint Rd, Alford, FL, 32420

5beds
3baths
2,344sqft
$375,000
$160price/sqft
$2,840/moest. monthly cost
$113,600/yrincome needed

About This Home

Move-In Ready 5/3 on 1.46 Acres Across from 650-Acre Compass Lake. Escape to peaceful Florida living just minutes from the water. This spacious 5-bedroom, 3-bath home sits on a generous 1.46 acre lot directly across the street from the 650-acre Compass Lake. Perfect for a large family, multi-generational living, or a strong rental/AirBnB investment. Property Highlights • 5 bedrooms | 3 bathrooms | Move-in ready . 560 sq.ft. bonus space in the unfinished walk-out basement ready for your personal touch. . 20x40 workshop equipped with a convenient roll-up door and also includes an additional 16x20 storage building on the property • Flowing creek at the rear of the property, stocked with fish and fed year-round by an artesian well • Walking distance to the public boat ramp • Approximately 10 minutes south of I-10 • Only 40 minutes to 23rd Street in Panama City Enjoy the quiet of country living with easy access to lake recreation, boating, and fishing right in your backyard. Whether you're looking for room to spread out with family or a turnkey income-producing property, this one checks every box. Serious inquiries welcome. Schedule your showing today.

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
21
BikeSomewhat Bikeable

Schools

4/10
6/10
Cottondale High SchoolGrades 6-1213.8 mi

Construction

Condition

  • Year built: 1958

Materials

  • Roof: Metal
  • Construction materials: Block

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Cooktop,Electric Oven,Electric Range,Electric Water Heater

Bedroom

  • Level: First
  • Dimensions: 11.8 x 9.1

Bedroom

  • Level: First
  • Dimensions: 11.2 x 12.7

Bedroom

  • Level: First
  • Dimensions: 9.5 x 14.11

Bedroom

  • Level: First
  • Dimensions: 9 x 11.11

Bedroom

  • Level: First
  • Dimensions: 14.7 x 13.3

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Dining Room

  • Level: First
  • Dimensions: 18.9 x 13.2

Dining Room

  • Level: First
  • Dimensions: 12.5 x 9.3

Family Room

  • Level: First
  • Dimensions: 13.5 x 18.8

Features

  • Main Level Primary

Heating & Cooling

  • Heating features: Central,Electric,Fireplace(s)
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 2,344
  • Total interior livable area: 2,344 sqft

Kitchen

  • Level: First
  • Dimensions: 15.11 x 13.5

Kitchen

  • Level: First
  • Dimensions: 10.8 x 11.3

Laundry

  • Level: First
  • Dimensions: 6 x 6.1

Living Room

  • Level: First
  • Dimensions: 9.11 x 11.7

Other

  • Level: First
  • Dimensions: 11.8 x 5

Other

  • Level: First
  • Dimensions: 17.6 x 4.11

Other

  • Level: First
  • Dimensions: 9.3 x 4.11

Other

  • Level: Basement
  • Dimensions: 29 x 19

Property

Details

  • Parcel number: 122N12008810000030
  • Special condition: Listed As-Is

Features

  • Patio & porch: Deck,Covered,Patio
  • Exterior features: Covered Patio
  • Fencing: Partial

Lot

  • Lot size: 1.46 Acres
  • Features: Paved
  • Lot size dimensions: 429 x 186 x 255 x 25 x 162 x 127

Parking

  • Parking features: Circular Driveway,Paved
  • Has uncovered spaces: Yes

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
  • Cold Wave
    Cold WaveRelatively High
  • Hurricane
    HurricaneRelatively High
  • Drought
    DroughtModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Lightning
Cold Wave
Hurricane
Drought
Heat Wave
Inland Flooding
Strong Wind
Tornado

FEMA Declared Disasters in Jackson 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 $1,896$22,752
Home Insurance *$300$3,600
Property Taxes $409$4,908
Electricity $235$2,830
Total$2,840$34,080
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$97,371/yr
40% on housing$85,200/yr
45% on housing$75,733/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: 14.0%
14.0%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: -5.5%
-5.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$160This listing

vs Other Active Listings

Avg $/sqft

ZIP 32420$148
Jackson County$129

vs Homes Sold Last Month

Median $/sqft

ZIP 32420
Jackson County$110

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
2026-08-01Listed for sale$375,000
2005-09-26Sold$100,000

For Sale by Agent

AgentSandra S Ward
BrokerageGrand Palms Realty LLC

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