3761 Highway 231, Cottondale, FL 32431

New Listing
$924,900
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,280 Lot Size (sq. ft.): 886,010 Status: Active
Current Price: $924,900 List Date: 5/02/2026 Last Modified: 5/02/2026

Overview

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 36×20 custom covered koi pond (3,000 gallons) with dual waterfalls–perfect for relaxing and entertaining. Equestrian facilities include a 40×100 horse barn with 7 stalls, tack room, feed room, and bathroom, plus an attached powered workshop/storage area and additional open shop space. A 19×73 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. Additiona

Listing Details MLS# 789294

Contract Info

List Price/SqFt
405.66

Location

Area
09 – Jackson County
Street #
3761
Street Name
Highway 231
State
FL
Zip Code
32431
County
Jackson
Sub Area
0905 – Jackson – Campbellton/Graceville/Cottondale
Subdivision
No Named Subdivision
Community/Resort
None
Waterfront
No
Parcel ID
17-5N-11-0000-0160-0000
Directions
From Cottondale, Travel North to the intersection of Hwy 231 & Hwy 73. The property will be on the Left just before you cross over. Do a u turn to get to the driveway to the property.
Legal Description
In two parcels adjoining: Parcel One 17-5N-11-0000-0160-0000 – OR 158 P 943 ALL THAT PART OFNE1/4 OF NE1/4 LYING W OF USHWY 231…OR 309 P 959, LESS RTWY PER OR 314 P 540 & LESS 22.09AC PER OR 571 P 606… OR 631 P 447 OR 1033 P 163. Parcel Two 17-5N-11-0000-0010-0011 – 2912 ROCK BOTTOM DR. OR 714 P 206 SE1/4 OF NE1/4 LYING W OF HWY 231…OR 945 P 204 OR 1033 P 163

General Property Info

Sub-Type
Detached Single Family
Design
Ranch
Apx SqFt(Htd/Cooled)
2280
SqFt Source
Prop App Site
Full Baths
2
Total Baths
2
Year Built
1997
Construction Status
Construction Complete
New Construction
No
Garage Y/N
No
Lot Dimensions
1895x1504x1138
Acreage
20.34
Lot Size (SqFt)
886010
Pool
No

Listing Info, Tax and Legal

Homestead
Yes
HOA Fee
No
New Buyer Fee
No
Last Taxes
3371.18
Last Tax Year
2025
Brokerage Interest
No Interest
As Is
Yes

Remarks & Misc

Remarks
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 36×20 custom covered koi pond (3,000 gallons) with dual waterfalls–perfect for relaxing and entertaining. Equestrian facilities include a 40×100 horse barn with 7 stalls, tack room, feed room, and bathroom, plus an attached powered workshop/storage area and additional open shop space. A 19×73 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 20×12 metal building (office) with power and phone, and a 12×36 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.

Appliances

Dishwasher
Yes
Range – Electric
Yes
Range – Gas
Yes
Refrigerator
Yes
Water Heater – Electric
Yes

More Information

Interior Features

Ceiling – Cathedral
Yes
Floor – Laminate
Yes
Floor – Tile
Yes
Floor – Vinyl
Yes
Floor – Vinyl Plank
Yes
Split Bedroom
Yes

Construction/Siding

Brick
Yes
Roof – Metal
Yes
Siding – Vinyl
Yes

Farm Info

Barn – Horse
Yes
Fenced – Cross
Yes
Fenced – Pasture
Yes
Pasture
Yes
Stalls/Pens
Yes

Other Structures

Pole Barn
Yes
Shed(s)
Yes
Workshop
Yes

Financing

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Furnished

Unfurnished
Yes

Interior

Floor – Carpet
Yes

Lot Features

Will Divide
Yes

Lot Access

State Highway
Yes
Paved Road
Yes

Parking Features

Driveway
Yes
Oversized
Yes
RV Access/Parking
Yes
RV – Carport
Yes

Present Zoning

County
Yes
Horses Allowed
Yes

Rooms

Bedroom
Yes
Kitchen
Yes
Laundry
Yes
Living Room
Yes
Master Bedroom
Yes
Office
Yes

Utilities

Electricity – Connected
Yes
Garbage
Yes
Propane
Yes
Private Well
Yes
Septic Tank
Yes
Underground Utilities
Yes

Sale Type

As Is
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes
Electric
Yes
Separate Meters
Yes

Heating

Central
Yes
Electric
Yes
Fireplace – Wood Burning
Yes

Property Features

Appliances: Dishwasher; Range – Electric; Range – Gas; Refrigerator; Water Heater – Electric Cooling: Ceiling Fan(s); Central Air; Electric; Separate Meters Heating: Central; Electric; Fireplace – Wood Burning Farm Info: Barn – Horse; Fenced – Cross; Fenced – Pasture; Pasture; Stalls/Pens Financing: Cash; Conventional; FHA; VA Furnished: Unfurnished Interior: Floor – Carpet Lot Features: Will Divide Lot Access: State Highway; Paved Road Parking Features: Driveway; Oversized; RV Access/Parking; RV – Carport Other Structures: Pole Barn; Shed(s); Workshop Rooms: Bedroom; Kitchen; Laundry; Living Room; Master Bedroom; Office Sale Type: As Is Utilities: Electricity – Connected; Garbage; Private Well; Propane; Septic Tank; Underground Utilities Present Zoning: County; Horses Allowed

Room Information

Room Name Dimensions Length Width Remarks
Master Bedroom 14.6 x 20 14.60 20.00 Main Brick house
Bedroom 12 x 16 12.00 16.00 Main Brick house
Bedroom 12 x 16 12.00 16.00 Main Brick house
Living Room 23 x 18 23.00 18.00 Main Brick house
Kitchen 30 x 12 30.00 12.00 Main Brick Kit & DR combo
Office 8 x 8 8.00 8.00
Laundry 8 x 7.9 8.00 7.90
Bedroom 11.3 x 18 11.30 18.00 DW Mobile Home Back
Bedroom 14.6 x 9.1 14.60 9.10 DW Mobile Home Front
Bedroom 14.6 x 11.6 14.60 11.60 DW Mobile Home Front
Listing Office: American Gold Realty
Last Updated: May – 02 – 2026
Information deemed reliable but not guaranteed.