Skip To Content

3761 Highway 231

Cottondale, FL 32431
  • $924,900
  • STATUS: Active
  • ON SITE: 18 Days
  • MLS #: 789294
UPDATED: 17 min ago
$924,900
  • 3
    BEDS
  • 20.34
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,280
    SQFT
  • $406
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1997
County:

School Ratings & Info

Description

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.

Monthly Payment Calculator



© 2026 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rosemary Beach Realty, LLC. Data last updated: 2026-05-21T11:04:09.543.
www.rosemarybeachrealty.com/homes/176054286
Print Image

3761 Highway 231 Cottondale, FL 32431

  • Price: $924,900
  • Status: Active
  • On Site: 18 Days
  • Updated: 17 min ago
  • MLS #: 789294
3
Beds
2
Baths
0
½ Baths
20.34
Acres
2,280
SQFT
$406
$/SQFT
1997
Built
Neighborhood:
No Named Subdivision
County:
Jackson
Area:
Jackson County
Property Description
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.
Exterior Features

Architectural Style Ranch Attached Garage YN No Construction Materials Brick Vinyl Siding Garage YN No Lot Features Paved Other Structures Shed(s) Workshop Road Frontage Type Highway Roof Metal Stories 1

Interior Features

Appliances Electric Range Electric Water Heater Gas Range Cooling Central Air Ceiling Fan(s) Separate Meters Cooling YN Yes Heating Central Electric Fireplace(s) Heating YN Yes Parking Features RV Carport RV Access / Parking Rooms Bedroom Bedroom Bedroom Laundry Office Kitchen Living Room Bedroom Bedroom Primary Bedroom Units Furnished None

Property Features

Association YN No Community Features Short Term Rental Allowed Listing Service Full Service Lot Size Dimensions 1895x1504x1138 New Construction YN No Occupant Type Occupied Property Sub Type Single Family Residence Property Sub Type Additional Single Family Residence Special Listing Conditions Listed As- Is Tax Annual Amount 3371.18 Tax Year 2025 Utilities Electricity Available Underground Utilities Waterfront YN No Zoning Description County Horses Allowed

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of American Gold Realty: 850-209-8870. Listing information © 2026 Central Panhandle Association of Realtors MLS.


© 2026 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rosemary Beach Realty, LLC. Data last updated: 2026-05-21T11:04:09.543.
 
https://bt-photos.global.ssl.fastly.net/panamacity/orig_boomver_2_789294-2.jpg https://bt-photos.global.ssl.fastly.net/panamacity/orig_boomver_2_789294-2.jpg https://bt-photos.global.ssl.fastly.net/panamacity/orig_boomver_2_789294-2.jpg
Logo
Rosemary Beach Realty, LLC
78C N. Barrett Square
Inlet Beach FL, 32461