$1,375,000

20855 Nw Lamb Eddy Rd.Altha, FL 32421

Homes, condos and townhomes · MLS 11931658 · Listed 78 days ago (Aug 13, 2026)

Chipola River · River · Direct parcel frontage · Waterfront details

For sale: Listed and available according to the MyStateMLS feed.

About this property

ONE OF A KIND CHIPOLA RIVER ESTATE! This Chipola River property is truly one of a kind. Located in the only paved Chipola River waterfront community in Calhoun County, this highly desirable property is situated close to the river's best boat ramp. The offering encompasses ownership of both sides of the river and both sides of the paved Lamb Eddy Road, sold exclusively as one complete tract. The property details include: - West Bank (2.5 Acres): Approximately 624 feet of waterfront featuring all residential improvements, each offering excellent river views. - Main Cabin: 1,344 sq ft heated space with a bottom-floor bedroom and bath, a loft bedroom and bath, and 3,500 sq ft of decks. - Bunkhouse: 320 sq ft adjoining the main cabin, featuring a full bath, carport, and upstairs storage. - Cottage: 764 sq ft heated space with one bedroom, one bath, a covered porch, open decks, and a 24'x16' pole barn for parking. - Bungalow: 576 sq ft heated space with a Murphy bed, combined kitchen/living area, full bath, and attached storage. A 40'x38' workshop/RV port is located directly behind it. - Across Lamb Eddy Road (9.5 Cleared Acres): Features a putting green, a 40'x38' RV port with well, septic, and power, and a 60'x30' pole barn for equipment. - East Bank (13.5 Acres): Features 1,678 feet of waterfront. Over the past 20 years, the owners have thoughtfully assembled and improved this unique retreat. It is more than just riverfront property-it is a private family compound, a recreational retreat, and a legacy investment unlike anything else on the spring-fed Chipola River. This river holds deep personal significance for me. I learned to swim here at Johnny Boy Landing when I was five years old, and my family has enjoyed it for generations-including ancestors who rafted timber down to the Apalachicola River. Having previously owned a portion of this property and the bungalow myself, I know this land better than anyone else, aside from the current owners. To preserve the integrity and rarity of this extraordinary offering, the property is being sold as one complete tract and will not be divided. Main Residence Measurements: 2 Bedrooms | 2 Bathrooms 1,344 heated sq. ft. 2,502 sq. ft. under roof 281' waterfront Master Loft: 21'3" x 16'10" Master Loft Bathroom:10'8" x 8' Master Deck: 13'8" x 8' Kitchen:9'1" x 11'7" Living / Breakfast: 21'4" x 15'1" Downstairs BR: 13'5" x 9'10" Bathroom 2 Downstairs: 5' x 11'9" Bedroom 2 Closet: 5'1" x 11' Outside Wash Room: 23'4" x 11'4" Bunk House Measurements: 1 Bedroom | 1 Bathroom 320 heated sq. ft. 1,252 sq. ft. under roof including carport Bedroom: 14' x 15'5" Bathroom:4'11" x 8'11" Closet: 8' x 4'10" AC Closet: 3'10" x 2'1" Carport: 11'11" x 20'8" Attic Storage (Carport): 12' x 10' Main House Decks: 3500 sq. ft. of decks Storage / Bath / Shower: 28' x 34' (Under House) Fire Pit Area: 17' x 14' Shed Lean-to (Covered Left): 10'10" x 13'8" Shed Interior: 14' x 11' Shed Lean-to (Covered Right): 14' x 11'6" River Cottage Measurements: 2 Bedrooms | 2 Bathrooms 764 heated sq. ft. 1,343 sq. ft. under roof 130' waterfront Cabin Deck (Covered): 12' x 10' w/ railing Covered Porch: 11'6" x 18' w/ railing Kitchen / Living: 17'5" x 17'6" x 5' x 8'6" Bedroom Area: 11'5" x 8'4" Bathroom: 6'5" x 8'7" Bedroom 2: 15'5" x 13'10" Deck: 16' x 12' Pole Barn: 16' x 24' Bungalow Measurements: 576 heated sq. ft. 987 sq. ft. under roof 156' waterfront Deck: 30' x 24' x 4'4" Inside Living Area: 23'4" x 23'4" Closet: 5'8" x 2' Kitchen Pantry: 4'4" x 8' Bathroom: 8'3" x 4'11" Lean-to, Carport, Storage: 27' x 23'7" Deck: 30' x 24' x 4'4" (Work Shop): Garage w/ Loft 39'7" x 37'9" Loft: 23'8" x 11'9" Exceptional Infrastructure: 40' x 38' workshop/RV port or vehicle garage 30' x 48' RV port complete with private well, septic, and power 30' x 60' equipment and vehicle pole barn

Description provided by the listing brokerage.

Facts

List price

$1,375,000

Status

For sale

Property type

House

County

Calhoun County

MLS number

11931658

Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them.

Features

Location

The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or shoreline, and no flood, wetland or hazard conclusion should be drawn from it. See more listings in Altha.

Price and status history

Changes observed by Waterfront Homes in MyStateMLS data since Oct 29, 2026. This is not a public-record sales history; MyStateMLS does not publish sold prices.

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Questions to ask before you buy

Questions worth investigating for any waterfront property. They are not claims that this property has a problem or meets any condition.

1. Who owns the shoreline and the land under the water, and are there easements or public-access rights along it?Ownership can stop at a high-water line, a survey line or a seawall. A title search and survey answer this, not the listing.
2. Is a dock, slip, lift or mooring included, and do the rights transfer to you?Docks can be shared, leased, assigned by an association or held under a permit that does not automatically transfer.
3. What permits exist for the dock, seawall or other shoreline structures, and what would new work require?Shoreline work is often regulated by local, state and federal agencies.
4. How much does the water level change by season, by tide or by reservoir management?Depth at a dock in one season can differ a lot in another.
5. What does flood insurance cost for this property, and what does the current flood map show?Get a quote from an insurer or agent. A flood zone is not a premium, and no zone does not mean no risk.
6. What maintenance does the shoreline need (seawall, bulkhead, riprap, erosion), and what has been done recently?Shoreline structures are expensive to repair; ask for records and inspection reports.
7. How are water, sewer or septic, and power provided?Waterfront septic systems and wells can have extra rules and inspections.
8. How do you reach the property by road year-round, and who maintains that road?Some waterfront roads are private, seasonal or shared.
9. What local rules apply: rentals, docks, boat lifts, fences, tree removal, setbacks?Rules come from the town, county, state, lake authority or association and vary widely.

Printable due-diligence checklist · Ownership budget planner · FEMA Flood Map Service Center (official flood maps; look up the address yourself)

Guides and next steps

• Waterfront homes in Florida
• More river listings in Florida
• What counts as waterfront

Listing courtesy of DANNY RYALS REAL ESTATE. Listing agent: Danny Ryals. Listings provided by MyStateMLS.

Listing last updated by the brokerage Sep 7, 2026, 12:31 PM UTC. Waterfront Homes last received MyStateMLS data Oct 30, 2026, 4:02 PM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing agent.