Highway 20 Rd, Freeport, FL 32439
FOR SALE
222 ACRES

$4,900,000

    Highway 20 Rd, Freeport, FL 32439

    Est. Mortgage $29,742/mo*
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    Home Highlights

    Lot/Land
    222 acre lot

    Local Information

    • Map ViewExplore the area around Highway 20 Rd.
    • Schools2 Elementary Schools1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    About this House

    Positioned in the heart of Freeport, one of the fastest-growing communities in all of Florida, this expansive 222-acre parcel presents a rare and highly versatile investment opportunity in Walton County. Designated with a Future Land Use: Rural Residential and Zoning: Rural Village, the property offers exceptional flexibility for investors and developers alike. Whether envisioned as a large private estate, phased residential community, or a strategic subdivision and resale opportunity, the possibilities here are both diverse and scalable. The parcel is ideally located just 6 miles from U.S. Route 331, providing convenient access south to the world-renowned beaches of Scenic Highway 30A, which are only 20 minutes away. The property is also located just 20 minutes from Latitude ... Margaritaville and just under 30 minutes from the Panama City Beach Airport. The Airport is currently undergoing a large expansion, positioning it to become a principal port of entry into the area. The new Florida State University affiliate Hospital and Clinics, currently under construction, will also only be an easy 20 minutes drive. This prime positioning places future residents within easy reach of coastal amenities while enjoying the privacy and space of a rural setting. The parcel is the site of the proposed "Quail Run" residential development, envisioned to include approximately 400 homesites along with two 40,000-square-foot commercial buildings, creating a thoughtfully designed mixed-use community. Surrounded by the continued growth and demand driving Freeport and the greater Emerald Coast region, this property stands as a prime opportunity to capitalize on Northwest Florida's upward trajectory. With substantial acreage, favorable zoning, and subdivision plans already drawn up, this offering is well-positioned for immediate and long-term development success.
    Last check for updates: about 13 hours ago
    Listing courtesy of Amin Delawalla, (850) 225-9899
    Christies International Real Estate Emerald Coast
    Originating MLS: Central Panhandle Association of REALTORS
    Source: CPAR, MLS#791316
    Also Listed on CPAR.

    Home Details for Highway 20 Rd

    Exterior Features

    Frontage
    Road Frontage: HighwayNot on Waterfront
    Water & Sewer
    Sewer: Septic Needed

    Days on Market

    Days on Market: 90

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Parcel Number: 231S18140000010010

    Price & Status

    Price
    List Price: $4,900,000

    Active Status

    MLS Status: Active

    Location

    Direction & Address
    City: FreeportCommunity: Other
    School Information
    Elementary School: FreeportJr High / Middle School: FreeportHigh School: Freeport

    Agent Information

    Listing Agent
    Listing ID: 791316

    HOA

    Association for this Listing: Central Panhandle Association of REALTORSNo HOA

    Lot Information

    Lot Area: 222 Acres

    Miscellaneous

    Mls Number: 791316Living Area Range Units: Square FeetAbove Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-12131-N-231S18140000010010-R-N

    What Locals Say about Ponce de Leon

    At least 4 Trulia users voted on each feature.
    • 100 % Say there's wildlife

    • 100 % Say parking is easy

    • 88 % Say car is needed

    • 83 % Say yards are well-kept

    • 78 % Say there's holiday spirit

    • 75 % Say it's quiet

    • 75 % Say it's dog friendly

    • 60 % Say people would walk alone at night

    • 53 % Say neighbors are friendly

    • 50 % Say kids play outside

    • 50 % Say they plan to stay for at least 5 years

    • 33 % Say there are community events

    • 25 % Say streets are well-lit

    • 20 % Say it's walkable to restaurants

    Sourced by Trulia users. Learn more about our methodology.
    • Carrie.kuehl1334
      "People will like the country roads that are safe for dogs. Most people have dogs and the roads are safe to walk dogs here. "
    • Carrie.kuehl1334
      "The town of Ponce de Leon hosts different events through out the year. Coming up will be the New Year’s Eve fireworks at the little community park. Quaint town, lots of church’s and good people. "
    • Chauncey C.
      "that it's a predominantly white area very friendly in alot of places very unfriendly too alot of old people that have been here forever and dont plan on leaving "
    • Myranda G.
      "I am a family person and my community welcomes everyone to the town! We are a small quite town with not much in the area "
    • Kim R.
      "I work and live here. Love it Loveit Love it!!!"

    Market trends in Ponce de Leon

    Last updated August 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    Sale-to-List Price
    Price per sq ft
    Available listings
    22

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    Comparable sales

    These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    0.79
    Lot/Land
    $750,000
    08/20/26
    -
    -
    0.85
    Lot/Land
    $750,000
    08/20/26
    -
    -
    1.12
    Lot/Land
    $115,900
    08/14/26
    -
    -
    1.23
    Lot/Land
    $180,000
    07/31/26
    -
    -
    1.43
    Lot/Land
    $274,000
    04/21/26
    -
    -
    1.50
    Lot/Land
    $75,000
    02/27/26
    -
    -
    1.51
    Lot/Land
    $80,000
    03/13/26
    -
    -
    1.81
    Lot/Land
    $185,000
    11/13/25
    -
    -
    1.87
    Lot/Land
    $118,000
    06/15/26
    -
    -

    Nearby home prices

    Get a sense of expected prices in the area by checking the value of nearby homes.
    Address
    Distance
    Price
    Bed
    Bath
    Sqft
    Status
    0.79
    $750,000
    -
    -
    -
    Recently Sold
    0.85
    $750,000
    -
    -
    -
    Recently Sold
    0.95
    $617,800
    4
    2
    2,130
    Off Market
    0.95
    $880,300
    7
    5
    4,372
    Off Market
    0.97
    $676,400
    4
    3.5
    3,461
    Off Market
    1.06
    $525,900
    4
    3
    2,458
    Recently Sold
    1.06
    $515,000
    4
    3
    2,495
    Recently Sold
    1.06
    -
    -
    -
    -
    Off Market
    1.06
    -
    -
    -
    -
    Off Market
    1.09
    $622,000
    4
    3
    3,058
    Recently Sold
    1.11
    $589,000
    3
    2
    2,127
    Recently Sold

    Price and Tax history

    DateEventPrice
    Jun 14, 2026
    Source: CPAR #791316
    Listed For Sale
    $4,900,000

    LGBTQ Local Legal Protections

    Amin Delawalla, Christies International Real Estate Emerald Coast
    Agent Phone: (850) 225-9899
    IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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    Highway 20 Rd, Freeport, FL 32439 is a lot/land. This property is currently available for sale and was listed by CPAR on Jun 14, 2026. The MLS # for this home is MLS# 791316.