Fair Deal Based on an estimated value, which may not reflect the home's current market value.

284 Compass Lake DrAlford, FL 32420

$295,000

Est. $276,900

  • 2,080 sqft
  • 2 beds
  • 2 baths

About this home

  • Double-pane argon gas windows
  • Convenient half bath
  • Spacious main level

An additional adjoining 1-acre lot is also available for purchase, offering the opportunity to own a full 2 acres!

Perched high on the hills overlooking Compass Lake, this beautiful, newly remodeled, two-story home offers over 2,000 square feet of unique living space, with breathtaking bird's-eye views of the lake from the second floor. You won't find a more distinctive and well-maintained property!

The spacious main level features an impressive 24' x 25' living area, a convenient half bath, and an oversized laundry room with plenty of room for additional storage, a closet, or even a home office.

Upstairs, you'll find two bedrooms, a versatile loft that can serve as a third bedroom or additional living space, a full kitchen, and a full bathroom. The flexible layout offers plenty of possibilities for buyers to personalize the space and make it their own.

Thoughtful seller upgrades include underground electrical service, generator hookup wiring, double-pane argon gas windows, and a 22' x 30' fenced dog pen at the rear of the property.

Enjoy the peace, privacy, and tranquility that make this property so special, all while remaining conveniently located near Highway 231 for an easy commute to Panama City or Dothan.

Whether you're looking for a unique full-time residence, a peaceful retreat, or the opportunity for an income producing property such as a BNB, this Compass Lake gem offers endless possibilities!

*Select photos have been virtually staged. Original photo included as well.

  • 3 weeks on Realtyless
  • 2 views

Property history

  • Listed for sale

    Oct 21, 2026

    $289,000

    Down 2.0%$139/sqft
  • Listing removed

    Oct 20, 2026

    —

  • Listed for sale

    Oct 1, 2026

    $295,000

    Up 159.0%$142/sqft

Monthly payment estimate

$2,057/mo

Principal & interest
$1,621
Property tax
$349
Home insurance
$87

Down payment · $59,000

Estimate only, using local tax and insurance figures. Your actual payment depends on your lender. Starting rate: Freddie Mac's 30-year fixed average, week of Oct 22.

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Map showing 284 Compass Lake Dr Alford, FL 32420

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