Catylist Listing ID: 30852994
Property Subtypes: Hospitality, Residential (Single Family), Retail, Retail-Pad, Vacation/Resort, Other
Gross Land Area: 1,373 Acres
Sale Price: $9,995,000
Unit Price: $7,279 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/23/2024

Overview / Comments

Please visit Blackstoneflorida.com for more information, photos and video.

Welcome to the future of amenitized living in Walton County, a prestigious new development opportunity, anchored by the renowned Blackstone Golf Club. This exclusive offering spans an expansive 1373+/- acres of prime, developable land, creating a breathtaking canvas for a visionary investor seeking to create an exceptional residential haven.

The centerpiece of this extraordinary property is, of course, the established Blackstone Golf Club. With its championship-inspired course, well-maintained greens and fairways, this future lifestyle oasis crafts endless opportunities for a savvy developer or investor. As the sun sets over the lush landscape, future residents will find solace and camaraderie within the club’s existing amenities, which include a clubhouse, pro shop, restaurant and bar. Moreover, the verdant expanse surrounding the club presents an ideal opportunity for adding even more club-level amenities, ensuring that the living experience here is truly second to none.

With an active planned unit development approval in place, the future buyer has the unique advantage of a nearly immediate start to build out the impressive 750 approved homesites. Crafted to harmoniously blend with the natural beauty of the area, these homesites offer an unparalleled range of possibilities for crafting a variety of residential offerings that capture the essence of refined living. From spacious homesites nestled among mature trees to estate lots overlooking the golf course, each homeowner will find themselves immersed in a sanctuary of comfort and reprise.

At the heart of this development, city water awaits to provide an uninterrupted flow of this precious resource to each homesite. And, while septic systems are currently approved, the presence of a nearby county sewer plant opens up further opportunities for enhanced convenience and environmental stewardship.

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Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Walton
Tax ID/APN: 223N21370000010011
Property Located Between: Crestview and Defuniak Springs
Property Visibility: Excellent
Legal Description: ALL LAND LYING IN SEC 22 DESC IN THE FOLLOWING: COM AT SW/C OFN00DEG12'10''W ALG W LINE 475.71FT TO THE POB, PT LYING ON N R/W LINE OF HWY 90, N00 DEG 06'40''W ALG W LINE 400.69 FT, DEPART W LINE N78DEG 57' 42''E 590.62FT, N05DEG 55'58''W 303.17FT, S89DEG 52'16''E 438. 75FT, S05DEG55'58''E 390.77FT, N89DEG47'25''E 456.72FT, N05DEG 58'49''W 390.15FT, N01DEG11'38'' W 404.05FT, S89DEG 55'42''W 887.58
Largest Nearby Street: Hwy 90
Highway Access: Direct access to Hwy 90, Less than 1 mile to I-10.
Part of Planned Development?: Yes
Development Name: Blackstone
Available Utilities: Electric, Water, Sewer, Internet Access
Water Service: Municipal, Well
Sewer Type: Municipal, Septic

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