This custom waterfront home in Magnolia Lake Estates is the one you walk into and instantly know you want. The lake views from the huge screened porch feel like a daily reset button. The kitchen is sharp with newer appliances, but the custom butler's pantry is next level with abundant cabinetry, beautiful prep space, and the kind of organization you only find in a true custom build. Storage is tucked everywhere, including a custom utility room that makes everyday life easier. Enjoy a formal dining room for hosting and a breakfast nook with peaceful water views. The waterfront primary suite delivers pure comfort with a fantastic walk in closet and a spa worthy cultured marble shower. Magnolia Lake Estates offers a peaceful, welcoming community that truly elevates your lifestyle.
- FL
- Defuniak Springs
- 32433
- 554 Magnolia Lake Drive
- MLS# 989690
- Date Listed11/14/2025
- Days on Realty 15 Days
- Bedrooms 3
- Bathrooms 2 Full baths, 1 Half baths
- Lot Size 0.37 acres (16,117 sq. ft)
- Sewer Public Sewer
- Subdivision MAGNOLIA LAKE S/D
- County Walton
- Year Built 2006
- Square Feet 2,161 sq. ft
- Price Per Sq. Ft $231.33
Interior Features
- Appliances Cooktop, Dishwasher, Double Oven, Dryer, Electric Cooktop, Refrigerator, Microwave, Washer, Electric Water Heater
- Flooring Hardwood, Tile
- Cooling Ceiling Fan(s), Central Air
- Heating Electric, Central
Exterior / Lot Features
- Roof -
- Lot Size Acres 0.37
- Lot Size SQFT 16,117.20
- Lot Features Cleared
Directions
From 83N, take a left at Walton Road. Take a right on John Baldwin Road and continue to Magnolia Lake Drive. Take a left at the stop sign, and the property will be on the left.
Financial Considerations
- HOA Fee $200 Annually
Nearby Schools
Source: School Digger
Walton Initiative For Success In Education (wise)
Public • PK - 12 • Serves this home
1.33 mi
Distance
Public • 6 - 12 • Serves this home
3.68 mi
Distance
Public • 9 - 12 • Serves this home
1.42 mi
Distance
Walton Initiative For Success In Education (wise)
Public • PK - 12 • Serves this home
1.33 mi
Distance
Public • 6 - 12 • Serves this home
3.68 mi
Distance
Public • 6 - 12
4.02 mi
Distance
Public • 6 - 8
4.53 mi
Distance
Public • 9 - 12 • Serves this home
1.42 mi
Distance
Sales & Tax History
Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price | Valuation Date | Valuation Price |
|---|---|---|---|---|---|---|
| Lot 2 E Larkspur Avenue | - | 0 | Sep 30, 2025 | $12,500 | Nov 29, 2025 | - |
| 115 Cora Road | Listing | 4 | 2 | Oct 27, 2025 | $249,990 | Jan 24, 2024 | $37,365 |
| 18 Langston Lane | Listing | 4 | 2 | Oct 27, 2025 | $246,990 | Dec 28, 2020 | $51,000 |
| Lot 8 Schubert Circle | Listing | - | 0 | Sep 30, 2025 | $17,500 | Dec 28, 2020 | $51,000 |
| 474 E Burdick Avenue | 3 | 3 | Oct 28, 2025 | $149,000 | Nov 29, 2025 | - |
| 635 Magnolia Lake Drive | 3 | 2 | Sep 30, 2025 | $280,000 | Nov 29, 2025 | - |
| Lot 14 W Bach Drive | - | 0 | Sep 30, 2025 | $18,000 | Nov 29, 2025 | - |
| Lots 1 & 2 E Dogwood Avenue | - | 0 | Sep 30, 2025 | $19,000 | Nov 29, 2025 | - |
| 259 W Cypress Avenue | Listing | 2 | 1 | Oct 09, 2025 | $172,500 | Mar 21, 2024 | $191,570 |
| 909 Graysen Lane | Listing | 4 | 2 | Oct 15, 2025 | $272,888 | Mar 21, 2024 | $264,670 |
Population & Environment
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 18,582 | 5,632 | 80,509 | 335,858,263 |
| Population Density | 73 | 407 | 78 | 95 |
| People per Household | 2.5 | 2.3 | 2.4 | 2.6 |
| Median Age | 40.3 | 39.7 | 44.3 | 39.1 |
| Median Income | $43,955 | $44,005 | $65,886 | $66,222 |
| Average Income | $22,674 | $26,643 | $38,224 | $35,475 |
| Cost of Living Index | 87 | 83 | 87 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 36.7°F | 36.7°F | 36.7°F | 22.6°F |
| July Avg. High Temp | 91.4°F | 91.4°F | 91.39°F | 86.2°F |
| Annual Precipitation | 65.52" | 65.52" | 65.72" | 38" |
19/100
Bikable
Bike Score ®
Overview
Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 4/100, Transit Score: 0/100, Bike Score: 24/100.
Property Change History
Points of Interest near 554 Magnolia Lake Drive, DeFuniak Springs, FL 32433
0.25 mi
Distance
0.28 mi
Distance
0.31 mi
Distance
0.32 mi
Distance
0.77 mi
Distance
0.78 mi
Distance
0.79 mi
Distance
0.79 mi
Distance
0.81 mi
Distance
0.81 mi
Distance
0.81 mi
Distance
0.83 mi
Distance
0.83 mi
Distance
0.86 mi
Distance
0.88 mi
Distance
0.61 mi
Distance
0.89 mi
Distance
0.89 mi
Distance
0.66 mi
Distance
0.83 mi
Distance
0.86 mi
Distance
Nearby Properties
-
$499,900 Active4 bds • 3 ba • 2,131 sqft
100 Hidden Lakes Trail, DeFuniak Springs, FL 32433
This stunning 4-bedroom, 2.5-bath brick home redefines quality craftsmanship and modern comfort on .75 acres. From the moment you step inside, the barrel-vault pine ceiling in the foyer sets the tone for a home that's truly exceptional. The living ar...Listing by: Bonnie S Hall - Coldwell Banker Realty -
$530,000 Active3 bds • 4 ba • 2,008 sqft
270 S 12Th Street, DeFuniak Springs, FL 32435
Welcome to the heart of DeFuniak Springs where history meets charm in this recently renovated historic home! Nestled on a picturesque oak-lined street, just steps away from the Historical Downtown and DeFuniak Lake yard. and Library. Just imagine si...Listing by: Eva J Mathews - Realty West -
$470,000 Active3 bds • 2 ba • 1,856 sqft
585 Huckaba Rd, Defuniak Springs, FL 32435
Welcome to your personal HOMESTEAD!! This 5 ACRE property is perfect for your quiet retreat or your farming and animal paradise! The property is FULLY FENCED with areas dedicated to PASTURES and GARDENS. The house is tucked neatly within mature CEDAR...Listing by: Paige Bryan - Coldwell Banker Realty -
$470,000 Active3 bds • 2 ba • 1,856 sqft
585 E Huckaba Road, DeFuniak Springs, FL 32435
Welcome to your personal HOMESTEAD!! This 5 ACRE property is perfect for your quiet retreat or your farming and animal paradise! The property is FULLY FENCED with areas dedicated to PASTURES and GARDENS. The house is tucked neatly within mature CEDAR...Listing by: Cheryl D Purvines - Coldwell Banker Realty -
$509,000 Active4 bds • 2 ba • 2,031 sqft
5268 FL-83, DeFuniak Springs, FL 32433
See Additional Remarks: **ASSUMABLE VA LOAN** This well-maintained four-bedroom, two-bathroom home offers generous living space and the perfect blend of privacy and convenience. Situated just minutes from charming downtown DeFuniak Springs, this prop...Listing by: Brianna R Anderson - Beach House Sales and Development -
$499,950 Active3 bds • 3 ba • 2,197 sqft
402 Ten Lake Drive, DeFuniak Springs, FL 32433
Spacious Waterfront Brick home in Beautiful Ten Lake Estates located just 5 miles North of DeFuniak Springs. Features include 3 bedrooms, 2 baths plus an additional half bath in the garage. lake views from the living room, Breakfast Nook and master b...Listing by: Sally R Merrifield - Merrifield & Pilcher Realty -
$495,000 Active3 bds • 2 ba • 1,898 sqft
991 Pinewood Drive, DeFuniak Springs, FL 32433
Waterfront living at its finest! This beautifully remodeled 1,898 SF brick home sits on a 1-acre lot directly on the big lake in Ten Lake Estates--one of North Walton County's premier fishing lakes known for trophy bass, bream, and crappie.Fully upda...Listing by: Bruce R Naylor - Naylor Realty And Associates -
$475,000 Active4 bds • 2 ba • 2,186 sqft
1100 KINGS LAKE Boulevard, DeFuniak Springs, FL 32433
This large home is situated in a quite cul de sac right on beautiful king lake with an amazing view and large waterfront lot. Home offers a large open living room with fireplace, great size dining room and kitchen with tons of relaxing views from eve...Listing by: Charles A McKinley - Iron Horse Realty Of Nw Florid -
$479,900 Active4 bds • 2 ba • 2,032 sqft
202 Bonita Drive, DeFuniak Springs, FL 32433
Step into luxury with this stunning 4-bedroom, 2-bath Ranch home, where quality craftsmanship meets modern comfort. Sitting on 4.05 acres, this beauty is featuring foam insulation and a new metal roof. The residence is built for efficiency and durabi...Listing by: Jeannette LaPrade - Coldwell Banker Realty -
$539,900 Active3 bds • 2 ba • 1,936 sqft
516 Blue Pond Circle, Ponce De Leon, FL 32455
Every day feels like a retreat on tranquil Blue Pond, where gentle water, natural shorelines, & outdoor spaces set a peaceful rhythm. Stunning views greet you from nearly every room, keeping the lake at the heart of daily life. Step outside to enjoy...Listing by: Amanda L Graham - The Property Group 850 Inc -
$469,000 Active3 bds • 2 ba • 1,848 sqft
2110 N Highway 181, Westville, FL 32464
Welcome to your own private retreat on just over 44 acres! This 3 bedroom, 2 bath double wide is in incredible condition and has a split floorplan that gives everyone their space. Inside, you'll find both a cozy living room and a den with fireplace,...Listing by: Tyler W Everett - Performance Realty -
$429,000 Active4 bds • 3 ba • 2,035 sqft
56 Silverthorn Street, Freeport, FL 32439
Welcome to 56 Silverthorn Drive in the sought-after Owl's Head community of Freeport, Florida. This charming two-story home, the Inzer floor plan, offers thoughtful design with the primary suite conveniently located on the main level and a spacious a...Listing by: Alexandra K Maddox - The Premier Property Group Seacrest Office -
$471,725 Active4 bds • 3 ba • 2,377 sqft
70 W Farm Owl Drive, Freeport, FL 32439
Welcome to 70 Farm Owl Drive, a new home under construction at Owl's Head Farms in Freeport Florida. As you enter this floorplan, you are immediately drawn into the expansive great room, where the open concept design showcases 9' ceilings with additi...Listing by: Pamela K Hawkins - DR Horton Realty of Emerald Coast LLC -
$472,525 Active4 bds • 3 ba • 2,377 sqft
48 W Farm Owl Drive, Freeport, FL 32439
Welcome to 48 Farm Owl Drive, a new home under construction at Owl's Head Farms in Freeport Florida. As you enter this floorplan, you are immediately drawn into the expansive great room, where the open concept design showcases 9' ceilings with additi...Listing by: Pamela K Hawkins - DR Horton Realty of Emerald Coast LLC -
$460,225 Active4 bds • 3 ba • 2,035 sqft
67 W Farm Owl Drive Court, Freeport, FL 32439
Welcome to 67 W Farm Owl Drive, a new home under construction at Owls Head Farms in Freeport Florida. Step into the bright entry with EVP flooring leading through the expansive foyer that opens to a spacious open concept floor plan. As you enter the...Listing by: Pamela K Hawkins - DR Horton Realty of Emerald Coast LLC -
$499,999 Active3 bds • 2 ba • 2,440 sqft
176 Bourbon Street, Freeport, FL 32439
Great Location -.84 acres has potential for rezone & development but currently features a home w 3 beds & 2 ba, a 2 bed/2ba mobile home +(1168 SF) with screened in porch, an exterior building with 2 garage stalls inclusive of a full kitchen, dining...Listing by: Nyda Faith - Compass -
$499,999 Active3 bds • 2 ba • 2,440 sqft
176 Bourbon Street, Freeport, FL 32439
Great Location -.84 acres has potential for rezone & development for townhomes/ multifamily or several Single Family homes. Currently property features a home w 3 beds & 2 ba, a 2 bed/2ba mobile home +(1168 SF) with screened in porch, an exterior...Listing by: Nyda Faith - Compass Florida, LLC -
$438,000 Active4 bds • 3 ba • 2,192 sqft
193 Perimeter Place, Freeport, FL 32439
Upgrades throughout make 193 Perimeter Place a standout home in Ashton Park. Situated on a large corner lot and meticulously maintained, this property features upgraded finishes comparable to homes in higher price ranges. Inside, you'll find tastef...Listing by: Trey J Runnels - Coldwell Banker Realty -
$435,000 Active4 bds • 3 ba • 1,980 sqft
77 Eclipse Loop, Freeport, FL 32439
A lifestyle redefined by this exceptional brand new home with 4-bedroom, 2.5-bath rental home spanning 1980 sqft of accurate and open living space. Situated within the coveted master plan of Hammock Bay in South Walton, FL, this gem seamlessly combin...Listing by: Kewalee Jackson - Coastal Premier Properties NWFL LLC
Similar Priced Comparison
-
$499,900 Active4 bds • 3 ba • 2131 sqft
100 Hidden Lakes Trail
- Home smaller by 30 sqft
- Lot larger by 16,553 sqft
- Newer by 17 years
Listing by: Bonnie S Hall - Coldwell Banker Realty -
$519,900 Active3 bds • 2 ba • 1508 sqft
270 Windham Way
- Home smaller by 653 sqft
- Lot larger by 811,523 sqft
- Older by 27 years
Listing by: Kim E Wennerberg - Kim & Company -
$530,000 Active3 bds • 4 ba • 2008 sqft
270 S 12Th Street
- Home smaller by 153 sqft
- Lot larger by 5,663 sqft
- Older by 96 years
Listing by: Eva J Mathews - Realty West -
$499,500 Active4 bds • 4 ba • 2786 sqft
290 Crescent Drive
- Home larger by 625 sqft
- Lot smaller by 6,970 sqft
- Older by 106 years
Listing by: S Alex C Alexander - Naylor Realty And Associates -
$392,500 Active4 bds • 2 ba • 2341 sqft
87 Bay Avenue
- Home larger by 180 sqft
- Lot smaller by 1,743 sqft
- Older by 106 years
Listing by: Kim E Wennerberg - Kim & Company -
$445,000 Active4 bds • 3 ba • 3046 sqft
111 Bay Avenue
- Home larger by 885 sqft
- Same size
- Older by 56 years
Listing by: Kim E Wennerberg - Kim & Company -
$470,000 Active3 bds • 2 ba • 1856 sqft
585 Huckaba Rd
- Home smaller by 305 sqft
- Lot larger by 201,683 sqft
- Older by 11 years
Listing by: Paige Bryan - Coldwell Banker Realty -
$470,000 Active3 bds • 2 ba • 1856 sqft
585 E Huckaba Road
- Home smaller by 305 sqft
- Lot larger by 201,683 sqft
- Older by 11 years
Listing by: Cheryl D Purvines - Coldwell Banker Realty -
$509,000 Active4 bds • 2 ba • 2031 sqft
5268 FL-83
- Home smaller by 130 sqft
- Lot larger by 28,314 sqft
- Newer by 17 years
Listing by: Brianna R Anderson - Beach House Sales and Development -
$499,950 Active3 bds • 3 ba • 2197 sqft
402 Ten Lake Drive
- Home larger by 36 sqft
- Lot larger by 27,443 sqft
- Older by 10 years
Listing by: Sally R Merrifield - Merrifield & Pilcher Realty -
$495,000 Active3 bds • 2 ba • 1898 sqft
991 Pinewood Drive
- Home smaller by 263 sqft
- Lot larger by 27,879 sqft
- Older by 24 years
Listing by: Bruce R Naylor - Naylor Realty And Associates -
$450,000 Active3 bds • 2 ba • 1456 sqft
211 Holland Drive
- Home smaller by 705 sqft
- Lot larger by 69,261 sqft
- Older by 21 years
Listing by: Maria V Leos - Keller Williams Realty Destin -
$475,000 Active4 bds • 2 ba • 2186 sqft
1100 KINGS LAKE Boulevard
- Home larger by 25 sqft
- Lot larger by 8,712 sqft
- Older by 28 years
Listing by: Charles A McKinley - Iron Horse Realty Of Nw Florid
Nearby Locations
Communities
- Windswept Estates Homes For Sale
- Deer Moss Creek Homes For Sale
- Driftwood Estates Homes For Sale
- Rocky Bayou Homes For Sale
- Burnt Pine Homes For Sale
- Oakdale Homes For Sale
- Chanan Estates Homes For Sale
- Bluewater Bay Homes For Sale
- Bluewater Bay Homes For Sale
- Cypress Breeze Plantation Homes For Sale
- Highland Park Homes For Sale
- Villa Lago Homes For Sale
- Serenity At Dune Allen Homes For Sale
- Gulfview Heights Homes For Sale
- Valparaiso Pinecrest Homes For Sale
- Cypress Dunes Homes For Sale
- Grayton Beach Homes For Sale
- Naturewalk At Seagrove Homes For Sale
- Blue Mountain Beach Homes For Sale
- Watercolor Homes For Sale
Nearby Zips
- 32433 Homes For Sale
- 32435 Homes For Sale
- 32464 Homes For Sale
- 32455 Homes For Sale
- 32434 Homes For Sale
- 32439 Homes For Sale
- 32427 Homes For Sale
- 32567 Homes For Sale
- 32462 Homes For Sale
- 32539 Homes For Sale
- 36442 Homes For Sale
- 32425 Homes For Sale
- 32459 Homes For Sale
- 32578 Homes For Sale
- 32550 Homes For Sale
- 32461 Homes For Sale
- 32536 Homes For Sale
- 32580 Homes For Sale
- 32413 Homes For Sale
- 32541 Homes For Sale
Nearby Cities
- Defuniak Springs, FL Homes for Sale
- Liberty, FL Homes for Sale
- Ponce De Leon, FL Homes for Sale
- Westville, FL Homes for Sale
- Redbay, FL Homes for Sale
- Caryville, FL Homes for Sale
- Freeport, FL Homes for Sale
- Florala, AL Homes for Sale
- Laurel Hill, FL Homes for Sale
- Okaloo, FL Homes for Sale
- Bonifay, FL Homes for Sale
- Huckaville, AL Homes for Sale
- Santa Rosa Beach, FL Homes for Sale
- Point Washington, FL Homes for Sale
- Vernon, FL Homes for Sale
- Garden City, FL Homes for Sale
- Niceville, FL Homes for Sale
- Miramar Beach, FL Homes for Sale
- Crestview, FL Homes for Sale
- Seagrove Beach, FL Homes for Sale
Similar Searches
- Defuniak Springs Land for Sale
- Defuniak Springs New Homes for Sale
- Defuniak Springs Single Story Homes for Sale
- Defuniak Springs Homes with Pools for Sale
- Defuniak Springs Cheap Homes for Sale
- Defuniak Springs Luxury Homes for Sale
- Defuniak Springs Condos for Sale
- Defuniak Springs Town Homes for Sale
- Defuniak Springs Commercial for Sale
- Defuniak Springs Open Houses for Sale
- Defuniak Springs Two Car Garage Homes for Sale
- Defuniak Springs Large Lots for Sale
- National Listings
- National Home Values
- Properties in FL
- Home Values in FL
- Other properties in Walton, FL
- Other properties in 32433, FL
- Home Values in Defuniak Springs, FL
Frequently Asked Questions for 554 Magnolia Lake Drive
Source: Realty.com
554 Magnolia Lake Drive, DeFuniak Springs, FL 32433 is a Single Family 2,161 sq. ft. home listed for sale. Realty.com has 53 photos available of this 3 bed, 3 bath house, listed at $499,900. View sales and tax history, use our mortgage calculator and more on Realty.com
Realty.com has 53 photos of 554 Magnolia Lake Drive.
Our records indicate that 554 Magnolia Lake Drive was built in 2006.
The full address for this home is 554 Magnolia Lake Drive, DeFuniak Springs, FL 32433.
554 Magnolia Lake Drive has been listed on Realty.com since Fri November 14, 2025
Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 4/100, Transit Score: 0/100, Bike Score: 24/100.
There are 3 schools assigned to this home. Check out the schools near 554 Magnolia Lake Drive. Walton Initiative For Success In Education (wise) (Grades: PK - 12), Walton Learning Center (Grades: 6 - 12), Walton High School (Grades: 9 - 12)
Listing provided courtesy of:
Southern Choice Properties Llc
(tel: 850-951-4828)
Listing agent:
Brandy Brown
(tel: 850-333-3242)
(#E9656)
This content last refreshed on 2025-11-29 07:07:52. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 554 Magnolia Lake Drive, DeFuniak Springs, FL 32433 : MLS# 989690