519 Mcpherson Drive
Alford, FL 32420
2
Bed
1
Bath
1.03Acres(Lot)
Situated on approximately 1 acre with direct water access, the property features a private dock, stunning lake views, and plenty of outdoor space to relax and enjoy Florida lake life. The cozy 2-bedroom, 1-bath home has been thoughtfully updated with a newer roof, updated flooring, fresh paint, mini-split system, and a spacious screened porch overlooking the water. Enjoy morning coffee by the lake, sunset evenings on the dock, kayaking, fishing, and the quiet privacy this property provides. Short-term rentals are allowed, making this an excellent investment opportunity or affordable personal retreat. Conveniently located near Marianna, Panama City, and Dothan while still offering the peaceful feeling of getting away from it all. If you've been searching for an affordable waterfron
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 2Bathroom Information
Total Baths: 1 Full Baths: 1Room Information
Rooms Total: 2Roofing Information
Metal -
Interior Features
Roof: MetalAppliances: ElectricCooktop, ElectricRange, ElectricWaterHeater -
Heating & Cooling
Has Heating: Yes Heating: Central, Electric, ForcedAir Has Cooling: Yes Cooling: CeilingFans, WallUnits Water front: 1
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Building Information
Year Built: 1969Building Area Total: 644Construction Materials: VinylSidingStories: 1Patio And Porch Features: Deck, Porch, ScreenedPrivate Pool: NoWater front Features: Lake,LakeFrontView: Lake -
Exterior Features
Exterior Features: CoveredPatio, Dock, Porch
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Lot Information
Lot Dimensions: 126x355x129x356 Main Square Feet: 1.03 Lot Size Acres: 1.03 Lot Size Square Feet: 44,997Property Information
Subdivision: Highlands At Compass Lake Source Property Type: Residential MLS Area Minor: 0904 - Jackson - Alford/Compass Lake Zoning Description: Mobile Home, Resid Single Family Property SubType: Manufactured Home Levels: One Property Age: 57
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Listing Price Information
Listing Price: $145000Original Price: $159000
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Tax Information
Parcel Number: 05-2N-11-0201-00A0-0060 Tax Year: 2025 Annual Tax: $230 Tax Legal Desc: OR 286 P 915 LOT 6 BLK AHIGHLANDS OF COMPASS LAKEUNIT 2...OR 531 P 113 OR 610 P 404 OR 639 P 171 OR 1512 P 236 OR 1609 P 335 OR 1654 P 733 OR 1693 P 673
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Virtual Tour
Parking Information
AdditionalParking, DriveThrough, RvAccessParking
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Utility Information
ElectricityAvailable -
Location Information
Direction: From Panama City Take US 231 north Turn right on Lakepoint Road Turn right on Compass Lake Drive Stay left on Compass Lake Drive Turn right on Buddy Biway Go Straight on McDonald Drive Turn left on McTavish Road Turn left on Mcpherson Drive House is on the left
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| TBD Davis Court, Alford, FL, 32420 | $259,900 | 4 | 3 | -- | |
| TBD Crotan Drive, Alford, FL, 32420 | $259,900 | 5 | 3 | -- | |
| LOT 9 Adams Drive, Alford, FL, 32420 | $15,000 | -- | -- | -- | |
| TBD Beaverhead Street, Alford, FL, 32420 | $209,900 | 4 | 2 | -- | |
| 781 Bighorn Avenue, Alford, FL, 32420 | $204,900 | 4 | 2 | -- | |
| TBD Apalachicola Avenue, Alford, FL, 32420 | $239,900 | 3 | 2 | -- | |
| TBD Apalachicola Avenue, Alford, FL, 32420 | $199,900 | 4 | 2 | -- | |
| LOT 128 Nezperce Drive, Alford, FL, 32420 | $15,000 | -- | -- | -- | |
| 3090 Nortek Boulevard, Alford, FL, 32420 | $243,990 | 4 | 2 | -- | |
| 1180 Chattahoochee Avenue, Alford, FL, 32420 | $249,900 | 3 | 2 | -- |
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ByOwner last updated this listing 06/08/2026 @ 09:55
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