Home Highlights
Lot/Land
222 acre lot
Local Information
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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
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Frontage Road Frontage: HighwayNot on Waterfront |
Water & Sewer Sewer: Septic Needed |
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Days on Market: 90 |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Property Information Parcel Number: 231S18140000010010 |
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Price List Price: $4,900,000 |
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MLS Status: Active |
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Direction & Address City: FreeportCommunity: Other |
School Information Elementary School: FreeportJr High / Middle School: FreeportHigh School: Freeport |
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Listing Agent Listing ID: 791316 |
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Association for this Listing: Central Panhandle Association of REALTORSNo HOA |
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Lot Area: 222 Acres |
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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 |
Around this home
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.
Market trends in Ponce de Leon
Last updated August 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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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
| Date | Event | Price |
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Jun 14, 2026 Source: CPAR #791316 | Listed For Sale | $4,900,000 |
LGBTQ Local Legal Protections
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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New Listings near Highway 20 Rd
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.