An exceptional investment opportunity in the heart of one of Santa Rosa County's fastest-growing areas! This 41+/- acre property is located just 1,275 feet from the new Walmart at the intersection of Berryhill Road & West Spencer Field Road--a highly sought-after corridor experiencing rapid commercial and residential expansion. With approximately 1,300 feet of frontage and depth, this nearly perfect square parcel is ideally suited for residential, commercial, or mixed-use development with appropriate rezoning. The property features no reported wetlands (buyer to verify) and is situated in Flood Zone X. It backs up to the Winners Gait subdivision and is surrounded by multiple new residential and commercial projects, making it an excellent choice for those looking to capitalize on the area's strong demand. Zoned for Dixon, Sims, and Pace schools, this property could become a premier Pace subdivision. In addition to its development potential, the property includes a 5,435 sq. ft. custom-built home featuring 4 bedrooms, 3 full bathrooms, and 2 half baths. The residence offers a spacious floor plan with high-end finishes throughout, a pool, expansive covered patios, and a large outbuilding with extensive storage. This provides flexibility for a private estate, clubhouse, or sales office for future development.