This is a large 1.4 acre wooded lot in the Compass Lake subdivision. Compass Lake (see pic) is an all-sports lake, offering water skiing, tubing, jet skiing, pontooning, power boating, sailing, wakeboarding, canoeing, kayaking and swimming. In keeping with its reputation as a boating lake, a restaurant along the shore is accessible by boat. Most of the shoreline provides a natural sand beach. Located about half-way between Panama City, FL and Dothan, AL, Compass Lake is only 10 miles from Marianna and Interstate 10. The area is rich in historical significance, with many restored antebellum plantation homes open for tours or as bed-and-breakfasts. Nearby Alford holds a grocery store and some basic services, while Marianna contains nearly everything a resident would need. About 30 miles south, Panama City Beach offers public Gulf beaches and marinas for 'big water' boating plus big-city amenities and attractions. The entire area around Compass Lake is filled with unique geological treasures, some of which are state parks. Two well-known attractions near Chipley, Falling Waters State Park and Caverns State Park, both display in spectacular fashion the effect of eons of water flowing across the ancient limestone.