3761 Highway 231, Cottondale, FL 32431
Local realty services provided by:ERA Neubauer Real Estate, Inc.
3761 Highway 231,Cottondale, FL 32431
$924,900
- 3 Beds
- 2 Baths
- 2,280 sq. ft.
- Single family
- Active
Listed by: debbie roney smith
Office: american gold realty
MLS#:789294
Source:FL_BCMLS
Price summary
- Price:$924,900
- Price per sq. ft.:$405.66
About this home
Exceptional multi-family horse farm estate on 20 acres offering versatility, income potential, and endless possibilities. The main residence is a 3BR/2BA brick home featuring a split-bedroom floor plan and over 2,200 sq ft of living space. Recent updates include new appliances (2025), HVAC, and water heater, with metal roofs replaced in 2019. Kitchen includes a gas stove that can be converted back to electric if desired.
The property is fully equipped for agricultural or business use with 4 septic systems and 2 wells. Step outside to a stunning 36x20 custom covered koi pond (3,000 gallons) with dual waterfalls--perfect for relaxing and entertaining.
Equestrian facilities include a 40x100 horse barn with 7 stalls, tack room, feed room, and bathroom, plus an attached powered workshop/storage area and additional open shop space. A 19x73 lean-to houses a sawmill (negotiable). The land is fully fenced and cross-fenced into 5 pastures, all with water access, plus 2 chicken coops. Additional structures include a 20x12 metal building (office) with power and phone, and a 12x36 pole barn with RV hookups. The property is beautifully landscaped with mature oaks and a variety of fruit trees including peach, apricot, apple, pear, fig, chestnut, mulberry, and banana. Also included is a 2007 double-wide mobile home (4BR/2BA, 2,200+ sq ft) with split floor plan, wood-burning fireplace, and spacious kitchen/dining combo. This home sits on its own 10.33-acre parcel and may be purchased separately. An additional 2006 single-wide (3BR/2BA, 1,100+ sq ft) is negotiable and can remain or be removed prior to closing.
Prime location on Hwy 231 (4-lane) with easy access north to Montgomery and south to Panama City, and just across from Hwy 73 into Marianna. Ideal for a family compound, horse boarding operation, or commercial venture....
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Home facts
- Year built:1997
- Listing ID #:789294
- Added:6 day(s) ago
- Updated:May 09, 2026 at 07:37 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:10
- Kitchen Description:Electric Range, Electric Water Heater, Gas Range
- Living area:2,280 sq. ft.
Heating and cooling
- Cooling:CeilingFans, CentralAir, SeparateMeters
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Metal
- Year built:1997
- Building area:2,280 sq. ft.
- Lot area:20.34 Acres
- Architectural Style:Ranch
- Construction Materials:Brick, VinylSiding
- Levels:1 Story
Finances and disclosures
- Price:$924,900
- Price per sq. ft.:$405.66
- Tax amount:$3,371 (2025)
Features and amenities
- Amenities:ElectricRange, ElectricWaterHeater, GasRange
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