A rare and unique property located in the coveted Spring Lake Estates. This 4 bedroom, 2 bath Florida Cottage is positioned on the only peninsula located on Spring Lake. Spring Lake Estates is a private community surrounding Spring Lake, a 155 acre stocked, spring fed private lake community. Because of it's location, this home is surrounded by over 500' of waterfront on the 1.45 acre peninsula. Since the home was purchased last year, numerous improvements were done including the removal of several large trees located close to the house, the entire lot cleared of excessive undergrowth, exterior of the home repainted, new laminate flooring and trim installed throughout and new exterior grade carpet installed in the large screened in Florida Room on the back of the home facing the lake. Other improvements include the application of crushed asphalt that was placed on the driveway and in front of the home to improve parking and a new stainless smooth top stove and refrigerator that have been replaced in the kitchen. The kitchen and living area have an open design with a cathedral ceiling and skylights that adorn the room with natural lighting. Two bedrooms and one bath are located on each side of the living area. The home is mosly furnished and some new beds were replaced in the bedrooms and have never been used. Furnishings and beds can convey with a good offer. Washer and Dryer are also included. You will find this area offers exceptionally quiet and peaceful living with a relaxed atmosphere. Great place for a weekend get away or your permanant residence to enjoy nature in a peaceful surrounding. Relax in either of the two porch swings in your 535 square foot Florida Room or take a stroll down to the dock with your fishing pole and a cooler loaded with your favorite beverages. Peaceful living and relaxation abound in this home. This home is being sold "as is" and could use some additional updating. With a little TLC, this property could be exceptional. Schedule your showing today, this home will not last for long.
Single-familyProperty Type
1994Year Built
1.45 acresLot Size
$326Est. Price/Sq.Ft.
6 spacesParking
Listed by Robert Roland• Realjoy Properties
Bought with Tammy Summers• Berkshire Hathaway Home Services PenFed Realty
Bought with Amanda Grandy• Berkshire Hathaway Home Services PenFed Realty
A rare and unique property located in the coveted Spring Lake Estates. This 4 bedroom, 2 bath Florida Cottage is positioned on the only peninsula located on Spring Lake. Spring Lake Estates is a private community surrounding Spring Lake, a 155 acre stocked, spring fed private lake community. Because of it's location, this home is surrounded by over 500' of waterfront on the 1.45 acre peninsula. Since the home was purchased last year, numerous improvements were done including the removal of several large trees located close to the house, the entire lot cleared of excessive undergrowth, exterior of the home repainted, new laminate flooring and trim installed throughout and new exterior grade carpet installed in the large screened in Florida Room on the back of the home facing the lake.
NAMLS #805194
Oct 5, 2018
Sold
$289,200
$174/sq ft
Oct 5, 2018
Sold
$289,200
$174/sq ft
Aug 10, 2018
Listed
$320,000
$192/sq ft
+7
Being sold ''as is''; this 4 bedroom cottage on Spring Lake is on the only peninsula on the lake, with waterfrontage on 3 sides.
ECAR #83514
May 6, 1997
Sold
$130,000
$78/sq ft
May 6, 1996
Listed
$149,500
$90/sq ft
Public Records
Mar 24, 1997
Sold
$135,000
$81/sq ft
Public Records
Apr 26, 1993
Sold
$25,000
$15/sq ft
Public Records
May 1, 1982
Sold
$10,440
$6/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,391 (−2.9%)
$163,800 + $156,599
$320,399
2024
$2,462 (−1.3%)
$173,628 + $146,339
$319,967
2023
$2,493 (−11.9%)
$173,628 + $151,300
$324,928
2022
$2,829 (+14.2%)
2021
$2,477 (+26.7%)
2020
$1,955 (+7.2%)
$104,120 + $96,812
$200,932
2019
$1,825 (+10.7%)
$92,388 + $95,426
$187,814
2018
$1,648 (−6.8%)
$92,388 + $75,450
$167,838
2017
$1,768 (−0.6%)
$104,988 + $75,158
$180,146
2016
$1,778 (−0.7%)
$104,988 + $74,424
$179,412
2015
$1,791 (−1.9%)
$104,988 + $72,813
$177,801
2014
$1,825
Tax history for 732 Spring Lake Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,391 (−2.9%)
$163,800 + $156,599
$320,399
2024
$2,462 (−1.3%)
$173,628 + $146,339
$319,967
2023
$2,493 (−11.9%)
$173,628 + $151,300
$324,928
2022
$2,829 (+14.2%)
2021
$2,477 (+26.7%)
2020
$1,955 (+7.2%)
$104,120 + $96,812
$200,932
2019
$1,825 (+10.7%)
$92,388 + $95,426
$187,814
2018
$1,648 (−6.8%)
$92,388 + $75,450
$167,838
2017
$1,768 (−0.6%)
$104,988 + $75,158
$180,146
2016
$1,778 (−0.7%)
$104,988 + $74,424
$179,412
2015
$1,791 (−1.9%)
$104,988 + $72,813
$177,801
2014
$1,825
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
1
Lot width
23 ft.
Lot depth
27 ft.
Lot size
63,162
Year renovated
2023
Sq. Ft.
1,664
Year built
1994
Style
Single Family Residential
County
Walton County
APN
173N18100300000080
Parking Spaces
6
Basement
No
Accessible
No
HOA Dues
$200 /month
Garage
Yes
Features
Views, Waterfront
Last updated by owner on Aug 18, 2025.
GA
General Agriculture District
The General Agriculture district includes rural areas suitable for small scale agricultural activities, including timber production and limited supporting commercial activities.
Permitted uses
Include but are not limited to:
Agriculture
Greenhouse / nursery
Livestock production
Winery & vineyard
Housing-Single unit
Kennel
Veterinary clinic
Agriculture-Cropland
Agriculture-Grove / orchard / vineyard
Agriculture-Pastureland
Property details
Parking
Parking Information
Driveway Spaces: 6.00
Interior
Bedroom Information
Bedrooms: 4
Bedroom: First
Master Bedroom: First
Bathroom Information
Full Baths: 2
Half Baths: 0
Total Baths: 2.00
Full Bathroom: First
Room Information
Rooms: Bedroom, Florida Room, Full Bathroom, Kitchen, Laundry, Living Room, Master Bedroom
Exterior: Dock, Pool - Fiberglass, Porch, Porch Screened, Satellite Dish
Lot Information
Acreage: 1.45
Lot Dimensions: 133' X 158' X 123' X 125' X 247' X 167'
Beach Frontage: 500.00
Waterfront: Lake, Shore - Natural, Unit Waterfront
Waterfront Feet: 500+
Lot Features: Covenants, Within 1/2 Mile to Water, Wooded
Lot/Parcel Access: County Road, Gravel/Oyster Shell, Private Road
Zoning: Residential Single Family
Building Information
Construction Status: Construction Complete
Construction/Siding: Frame, Roof Metal, Siding Wood, Trim Wood
Financial
Tax Information
Last Tax Year: 2017
Last Taxes: 1768.12
Financial Information
Mortgage Type: VA
Financing: Conventional, FHA, VA
Brokerage Interest: No Interest
Utilities
Utility Information
Utilities: Electric, Public Water, Septic Tank
Energy: AC - Central Elect, Ceiling Fans, Double Pane Windows, Water Heater - Elect
Location
Assessment Information
Assessment Fees: Yes
Assessment Amount: 200.00
Assessment Paid: Annually
Homeowners Association Information
Fees Include: Accounting, Land Recreation, Management, Recreational Faclty, Repairs/Maintenance
School Information
Elementary School: West Defuniak
Middle School: Walton
High School: Walton
Location Information
Sub Area: 2308 - Springs Lakes
Area: 23 - North Walton County
Street #: 732
Street Name: Spring Lake
Street Suffix: Road
County: Walton
State: FL
Zip Code: 32433
Project Name/Subdivision: SPRING LAKE ESTATES
Absolute Longitude: 86.063466
Longitude: -86.063466
Latitude: 30.751475
Directions: From the intersection of Hwy 331 and Hwy 90, turn East (right) onto Hwy 90. Go 4 miles. Turn left onto Kidd Road. Go 1.3 miles and turn right onto Spring Lake Rd. Take first left into Spring Lake Estates. Follow road and at fork, take left. Home down long driveway at mailboxes for 730 and 732.
Project Facilities
Boat Launch, Dock, Fishing, No Rental, Pets Allowed, Picnic Area, No Short Term Rental, Waterfront
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,664
Stories: 1.0
Parking Spaces: 6
Basement: No
Accessible: No
Lot Size: 1.45 acres
Style: Single Family Residential
Year Built: 1994
Year Renovated: 2023
County: Walton County
APN: 173N18100300000080
HOA Dues: $200/month
Garage: Yes
Features: Views, Waterfront
Home facts updated by owner on Aug 18, 2025
Other
Listing Price Information
List Price: 325000.00
List Price/SqFt: 195.31
Property Information
Apx SqFt(Htd/Cooled): 1664.00
Design: Florida Cottage
Is Homestead
Sub-Type: Detached Single Family
Waterview: Lake
Listing Information
As Is
Immediate Occupancy: Immediate Occupancy
Around this home
Schools
Maude Saunders Elementary School
Public K-5 • Assigned • 3.7mi
4/10
Walton Middle School
Public 6-8 • Assigned • 3.9mi
7/10
Walton High School
Public 9-12 • Assigned • 3.6mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
2% chance of being in a wildfire in next 30 years
8/10 Heat Factor
7 days above 107° expected this year, 19 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Defuniak Springs, FL • 32433
Average low and high temperatures (°F)
59
38
69
47
76
52
81
58
84
65
89
71
91
74
91
73
87
69
81
59
74
53
64
44
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.3 hours in
June and 5.4 hours in December, placing it above the
U.S. average for solar exposure.
9.3 hrs
5.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$515,000 – $624,000
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