BEDS3
BATHS2 full
SQUARE FEET2,280
MLS#789294
STATUSActive
PROPERTY TYPEResidential - Single Family
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.
Property Features
Property Type: Residential - Single Family
Cooling: Central Air, Ceiling Fan(s), Separate Meters
Heating: Central, Electric, Fireplace(s)
Home Style: Ranch
Lot Size: 20.34 Acres
Roof Type: Metal
Stories: 1.0
Taxes: $3,371
Year Built: 1997
Feature Descriptions
Appliances: Electric Range, Electric Water Heater, Gas Range
Community Features: Short Term Rental Allowed
Days on Site: 4
Exterior: Brick, Vinyl Siding
Flooring: Luxury Vinyl Plank
Lot: Paved
Lot Dimensions: 1895x1504x1138
Parcel#: 17-5N-11-0000-0160-0000
Parking: RV Carport, RV Access/Parking
Parking Notes: RV Carport, RV Access/Parking
Utilities: Electricity Available, Underground Utilities
Room Sizes
Bedroom: 14.6 X 11.6
Bedroom: 14.6 X 9.1
Bedroom: 11.3 X 18
Laundry: 8 X 7.9
Office: 8 X 8
Kitchen: 30 X 12
Living Room: 23 X 18
Bedroom: 12 X 16
Bedroom: 12 X 16
Primary Bedroom: 14.6 X 20
Listed By / Shown By
Listed By
Agency Name: American Gold Realty
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0400
Estimate Your Payment
Estimated Payment
$ 2,609.11 per month $2,058.43 Principal & Interest $280.92 Property Tax $269.76 Homeowner's InsuranceChange Payment Information
3761 Highway 231 | MLS# 789294
This single family home located at 3761 Highway 231 , Cottondale, FL 32431 is currently listed for sale with an asking price of $924,900. This property was built in 1997 and has 3 bedrooms and 2 full baths with 2280 sq. ft. Search Cottondale real estate on www.realtymark.net today.