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** OFFERED BELOW APPRAISED VALUE***. ALL OFFERS CONSIDERED! SELLER OFFERING 1-1 BUY DOWN AT CLOSING. This perfect spot for your primary, secondary, or investment home is ready for you! Complete with This stunning parcel of Western Lake waterfront land offers endless possibilities. Conveying with house plans by renowned architect Geoff Chick, the unobstructed lake views will be yours forever. Plans include a 3,210 sf, 5 BR, 5 b, home with additional bunk room, flex space, office, and parking for 6. Rental projections hover around the 250K range. In addition to all of that, Walton County planning and development has APPROVED the homesite and a letter from the planning director is included in the documents. Pilings have been driven, maintained, and ready for you to complete your waterfront dream home in Historic Grayton Beach. Lot is located in an AE flood zone as noted on FEMA map. AE flood zones are areas that present a 1% annual chance of flooding and a 26% chance over the life of a 30-year mortgage, according to FEMA.