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Harrison Lilly

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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264 Roger Nelson Rd , Defuniak Springs, FL 32435
$199,900
Est. Payment: $1,013.75/mo
4 Bed
2 Bath
1560 Sqft
Status: sold | Days on site: 6
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

Investor Opportunity - 2 Homes on 1.50 Acres! Rare opportunity to own two separate homes on two adjoining parcels, being sold together only as package deal for $199,900! Whether you're looking to expand your investment portfolio, live in one home while generating rental income from the other, or create a multi-generational living arrangement, this property offers outstanding flexibility and value. The primary home at 264 Rodger Nelson Road is a charming 2-bedroom, 1-bath cottage offering approximately 840 heated square feet. Built in 1986, it features a durable metal roof, new front and side porches, central heating and air, and is served by well and septic. Situated on approximately 0.95 acres, the home provides a peaceful country setting with plenty of outdoor space. The second home at 232 Rodger Nelson Road is a 1971 mobile home offering approximately 720 square feet, with 2 bedrooms and 1 bathroom, situated on approximately 0.55 acres. The mobile home is currently tenant occupied with a tenant who would like to remain, providing immediate rental income. Together, these properties offer approximately 1.50 total acres, 4 bedrooms, 2 bathrooms, and exceptional income-producing potential. Located in a quiet rural setting just 10-15 minutes from DeFuniak Springs, you'll enjoy the privacy of country living while maintaining convenient access to US-331, making travel to the Gulf Coast beaches or Interstate 10 quick and easy. Cash or conventional financing only. Excellent opportunity for investors, landlords, or buyers seeking dual-home living with income potential. Schedule your showing today!

Highlights

Listed by Tina P Dixon , 334-797-6735 and John C Dixon , 334-828-1429 Triple Crown Realty Team , 334-797-6735. Bay County Association of REALTORS

Property Type

Residential

Lot/Acreage
1.5

Year Built

1986

County

Walton

Area

12 - Walton County

Neighborhood

No Named Subdivision

Listing ID

792753

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Electric Range, Electric Water Heater
Air Cond:Central Air
Fireplaces:

Exterior Features

Lot Dimensions:irregular
Zoning:Resid Single Family
Roof:Metal
Principal Interest
$1,014
Taxes
$30

Home Price

$199,900

Loan Details

30 yrs
6.528%

Down Payment

20%
$39,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,013.75

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,013.75 $30.07 $0.00 $1,043.82
Yearly $12,165.00 $360.86 $0.00 $12,525.86
Total $364,949.92 $10,825.80 $0.00 $375,775.72

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Defuniak Springs, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-20T06:33:19.000Z

© 2026 Bay County Association of REALTORS