000 Highway 20 Hwy, Chipley, FL 32428

629 acres of high and dry land with a +/- 90 acre spring-fed lake (a/k/a Cogburn Pond, Compass Lake, or Lake Helen). The 90 acre lake has an old plat that includes 146 single family lots with 10 acre tracts making up the rest of the property. The spring fed, limestone lake is over 60 feet deep and ringed with large oak trees. The current zoning allows for one unit per ten acres. Rezoning and additional infrastructure could achieve a much higher density. 100' ROW easement from Hwy 20. The location, access and features of this large tract allow for many potential recreational and development opportunities. Call today to setup a tour of this North Florida paradise.