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Jackson 32431
3761 Highway 231
$924,900
● House - For Sale

3761 Highway 231

Cottondale, FL 32431
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,280 Ft²
$4,823
Est. Monthly

About This Property

Exceptional multi-family horse farm estate on 20 acres offering versatility, income potential, and endless possibilities. The main residence is a 3BR/2BA brick home featuring a split-bedroom floor plan and over 2,200 sq ft of living space. Recent updates include new appliances (2025), HVAC, and water heater, with metal roofs replaced in 2019. Kitchen includes a gas stove that can be converted back to electric if desired.
The property is fully equipped for agricultural or business use with 4 septic systems and 2 wells. Step outside to a stunning 36x20 custom covered koi pond (3,000 gallons) with dual waterfalls--perfect for relaxing and entertaining.
Equestrian facilities include a 40x100 horse barn with 7 stalls, tack room, feed room, and bathroom, plus an attached powered workshop/storage area and additional open shop space. A 19x73 lean-to houses a sawmill (negotiable). The land is fully fenced and cross-fenced into 5 pastures, all with water access, plus 2 chicken coops. Additional structures include a 20x12 metal building (office) with power and phone, and a 12x36 pole barn with RV hookups. The property is beautifully landscaped with mature oaks and a variety of fruit trees including peach, apricot, apple, pear, fig, chestnut, mulberry, and banana.  Also included is a 2007 double-wide mobile home (4BR/2BA, 2,200+ sq ft) with split floor plan, wood-burning fireplace, and spacious kitchen/dining combo. This home sits on its own 10.33-acre parcel and may be purchased separately. An additional 2006 single-wide (3BR/2BA, 1,100+ sq ft) is negotiable and can remain or be removed prior to closing.
Prime location on Hwy 231 (4-lane) with easy access north to Montgomery and south to Panama City, and just across from Hwy 73 into Marianna. Ideal for a family compound, horse boarding operation, or commercial venture.
Unit Size
2,280 Ft²
Days on Market
150 days
Land Size
20.34 acres
Price per sqft
$406
Property Type
House
Property Taxes
$281
HOA Dues
-
Year Built
-

Listed By

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Last updated: 11 days ago ( #789294)

Price History

Date / Event Date Event Price
May 1, 2026 Listed by American Gold Realty $924,900
Listed by American Gold Realty
Jul 29, 2005 Sold
Sold

Property Highlights

Air Conditioning
Fireplace
Parking Details
Has Carport
Parking Features: RV Carport, RV Access/Parking
Interior Details
Full Bathrooms: 2
Appliances: Electric Range, Electric Water Heater, Gas Range
Rooms: 10
Exterior Details
Square Footage: 2280
Square Footage Source: $0
Architectural Style: Ranch
Year Built: 1997
Building Area Total: 2280
Other Structures: Shed(s), Workshop
Construction Materials: Brick, Vinyl Siding
Lot Features: Paved
Lot Size Area: 20.34
Lot Size Units: Acres
Lot Size Acres: 20.34
Lot Size Square Feet: 886010
Lot Size Dimensions: 1895x1504x1138
Financial Details
Tax Annual Amount: $3,371
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s), Separate Meters
Heating Type: Central, Electric, Fireplace(s)

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Jackson


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Frequently Asked Questions

When was property at 3761 U.S. 231 built and last sold?
The property at 3761 U.S. 231 was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3761 U.S. 231 is $903,957.
What are some comparable homes to 3761 U.S. 231?
There are currently no comparable homes to 3761 U.S. 231.