10 ACRE LOT! This spacious 2-story home offers a unique value-add opportunity with a flexible floor plan featuring multiple living areas, generously sized bedrooms, and a large upstairs family room that provides additional living or recreation space. The home has solid potential for a full renovation, making it ideal for fix-and-flip investors, buy-and-hold landlords, or those looking to maximize equity through improvements. With its sizeable layout and location in DeFuniak Springs, this property presents an excellent opportunity to create a highly desirable residence while adding significant value. Repairs include interior paint, drywall repair, flooring replacement or refinishing, bathroom updates, kitchen renovation, trim and door repairs, and replacement of damaged fixtures throughout.