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Lot/land
    • Price cut: $2.4K (1/5)
    $66,500

    40 Caswell Rd, Defuniak Springs, FL 32433

    --beds
    0baths
    0.86Acres
    Unimproved Land
    Built in ----
    0.86 Acres Lot
    $-- Zestimate®
    $--/sqft
    $15/mo HOA

    What's special

    Four lakes totalDirect water access
    This .86-acre cleared waterfront lot on Imperial Lakes is ready for your dream home. With direct water access and a clean slate to build, the property offers both open space and some remaining trees for privacy. Imperial Lakes is a quiet community with four lakes total and covenants allowing only single-family residences (no mobile homes). Located in DeFuniak Springs, the property combines a peaceful setting with convenience-just minutes from shopping, dining, and I-10 for commuters. The area is growing with new development, while still offering small-town charm. Recreational options abound: enjoy fishing and boating from your backyard, explore historic downtown DeFuniak, or take a short 35-minute drive to the beaches of South Walton. Tap fee required.
    128 days
    |
    121
    |
    4
    |

    Zillow last checked: 7 hours ago

    Listing updated: January 05, 2026 at 09:27am

    Listed by:

    Rachel C Carter 850-333-3162,

    HomeBiz Properties

    Source: ECAOR,MLS#: 988776MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0

    Property

    Features
    • Has view: Yes
    • View description: Lake
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake Front
    Lot
    • Size: 0.86 Acres
    • Dimensions: 464 x 90 x 500 x 96
    • Features: Aerials/Topo Availbl, Cleared, Covenants, Level, Restrictions, See Remarks, Survey Available, Within 1/2 Mile to Water, Build To Suit
    Details
    • Parcel number: 073N19198000000400
    • Zoning description: Resid Single Family

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public

    Community & HOA

    Community
    • Features: Fishing
    • Subdivision: IMPERIAL LAKES
    HOA
    • Has HOA: Yes
    • HOA fee: $178 annually
    Location
    • Region: Defuniak Springs

    Financial & listing details

    • Date on market: 11/1/2025
    • Road surface type: Paved

    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    1/5/2026Price change$66,500-3.5%
    Source: ECAOR #988776 Report a problem
    11/1/2025Listed for sale$68,890-13.8%
    Source: ECAOR #988776 Report a problem
    10/1/2025Listing removed$79,900
    Source: ECAOR #959190 Report a problem
    9/16/2024Listed for sale$79,900+16.6%
    Source: ECAOR #959190 Report a problem
    6/14/2024Listing removed--
    Source: ECAOR #938728 Report a problem
    5/17/2024Price change$68,500-8.5%
    Source: ECAOR #938728 Report a problem
    3/12/2024Price change$74,900-5.2%
    Source: ECAOR #938728 Report a problem
    12/21/2023Listed for sale$79,000-6%
    Source: ECAOR #938728 Report a problem
    10/19/2023Listing removed--
    Source: ECAOR #910294 Report a problem
    2/2/2023Listing removed$84,000
    Source: ECAOR #910294 Report a problem
    1/17/2023Price change$84,000-6.1%
    Source: ECAOR #910294 Report a problem
    12/23/2022Listed for sale$89,500
    Source: ECAOR #910294 Report a problem
    12/16/2022Pending sale$89,500
    Source: ECAOR #910294 Report a problem
    11/2/2022Price change$89,500-10.1%
    Source: ECAOR #910294 Report a problem
    10/18/2022Listed for sale$99,500+149.4%
    Source: ECAOR #910294 Report a problem
    10/29/2021Sold$39,900
    Source: ECAOR #883661 Report a problem
    10/12/2021Pending sale$39,900
    Source: ECAOR #883661 Report a problem
    10/12/2021Listed for sale$39,900+90%
    Source: ECAOR #883661 Report a problem
    12/20/2019Sold$21,000
    Source: ECAOR #750611 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Estimated monthly payment
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
    Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
    See how much you could borrow to make a competitive offer.

    Boost your down payment with 6% savings match

    Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: 32433

    Getting around

    0 / 100
    Car-Dependent
    19 / 100
    Somewhat Bikeable

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: West Defuniak
    • Middle: Walton
    • High: Walton

    Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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