




4906 Galloway Rd, Graceville, FL, 32440
About This Home
Beautiful 42-acre country property located just southeast of Graceville, Florida, offering a great combination of pasture land, water, and functional farm improvements. This property would make an excellent small farm, horse property, or rural homesite in the Florida Panhandle. The land is approximately 80% open pasture and is fenced behind the home, providing ideal conditions for livestock, horses, or agricultural use. A scenic pond of approximately one-third acre sits just behind the home and can be enjoyed from the back sunroom overlooking the yard and water. The 1,548 square foot home is well-maintained and offers 2 bedrooms and 1 bathroom, with several areas that could potentially be converted into a third bedroom if desired. The home features a large front porch that provides a welcoming entry and a great place to relax and enjoy the peaceful country setting. A two-car attached carport is located on the side of the home for convenient covered parking. Additional improvements include multiple barns and storage buildings, making the property well-suited for farm or hobby use. There are four total barns on the property, including two solid cinder block barns and two older wooden barns that provide additional storage or livestock shelter. Mature pecan trees add character to the property and enhance the traditional farm setting. The home is served by private well and septic. This property is conveniently located in the rural countryside while still providing easy access to nearby towns and amenities. Location: Approximately 5 miles southeast of Graceville, Florida Approximately 22 miles south of Dothan, Alabama Approximately 60 miles north of Panama City, Florida Approximately 80 miles northeast of Destin, Florida This is a great opportunity to own a versatile farm property with pasture land, water, barns, and a well-maintained home in the Florida Panhandle.
Getting Around
Schools
Construction
Condition
- Year built: 1937
Materials
- Foundation: Pillar/Post/Pier
- Roof: Asphalt
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Country
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Range
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating & Cooling
- Heating features: Central,Heat Pump
- Cooling features: Central Air,Heat Pump,Wall Unit(s)
Interior Area
- Total structure area: 1,548
- Total interior livable area: 1,548 sqft
Kitchen
- Level: First
- Dimensions: 12 x 14
Living Room
- Level: First
- Dimensions: 14 x 14
Property
Details
- Parcel number: 186N12000000200010
- Zoning description: Agriculture
- Special condition: Listed As-Is
Features
- Fencing: Cross Fenced,Partial
- Has view: Yes
- View description: Other
Lot
- Lot size: 42 Acres
- Lot size dimensions: 42ac
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
- Hurricane
- Cold Wave
- Drought
- Heat Wave
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters in Jackson County and Florida
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,643 | $19,716 |
| Home Insurance * | $260 | $3,120 |
| Property Taxes | $39 | $468 |
| Electricity | $197 | $2,366 |
| Total | $2,139 | $25,668 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-16 | Listed for sale | $375,000 |
