941 Walton Bridge Road
About This Property
Tucked away on 24.24 peaceful acres in North Walton County, this beautifully updated cedar log cabin offers a true retreat surrounded by mature, old-growth forest. Set back from the road for maximum privacy, this charming property is a rare find for those seeking tranquility and natural beauty.
The main home features custom details throughout, including heart of pine floors, cedar accent walls, and tongue-and-groove wood ceilings. A heated and cooled walk-out basement with a half bath (not included in the main living area) provides additional versatile space.
A separate oversized detached two-car garage adds even more value, complete with a laundry room, full bathroom, and a spacious 1-bed, 1-bath carriage house **perfect for guests or rental potential.***
Outdoor amenities abound, with a newly installed 24' x 36' pole barn, raised garden beds, a fruit tree orchard, a fenced backyard, and a chicken coop. A small creek crosses the property, leading to the expansive back acreage an ideal canvas for future expansion or additional recreational use.
The property is gated for privacy; please call ahead for access.
Conveniently located just 15 minutes from shopping, schools, and medical services in DeFuniak Springs, and only about 30 miles north of the pristine beaches of South Walton.
If you're looking for a private, rustic lifestyle with modern comforts, this property deserves a visit.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 29, 2025 | Sold | ||
| Sold | |||
| Aug 4, 2025 | In contract | - | |
| In contract | |||
| Aug 4, 2025 | Price Increased |
$540,000
↑ $13K
(2.5%) | |
| Price Increased | |||
| Jul 9, 2025 | Relisted | $527,000 | |
| Relisted | |||
| Jun 19, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017