421 NW Bailey Grade Road
Greenville, FL, 32331 $ 550,000
Bedrooms2 Baths2.0 Sq 1,872 Monthly Estimate*
$ 3,473
for $550,000 with 2 bedrooms and 2 full baths. This 1,872 square foot home was built in 1994 on a lot size of 4.
Welcome to Possible Dreams Farm, an enchanting 4-acre equestrian sanctuary tucked beneath grand live oak trees draped in Spanish moss, with a driveway lined by towering crepe myrtles setting the tone from the moment you arrive. Located in Greenville, Florida, this beautifully maintained property offers the ideal setup for an equestrian enthusiast, mini farm, or peaceful homestead surrounded by animals, wildlife and the natural beauty of North Florida. The charming 2-bedroom, 2-bath main home has been exceptionally well cared for and features a spacious covered laundry room that could easily be converted into a third bedroom, home office, hobby room or additional living space. A separate 1-bedroom, 1-bath guest house provides wonderful flexibility for visiting family, extended stays or private accommodations. Both homes feature beautiful porches where you can slow down, enjoy the peace and serenity of the property, and watch the farm animals and local wildlife pass by. The equestrian facilities are thoughtfully designed and ready for use. The 5-stall barn includes oversized 12'x24' stalls with engineered subflooring and rubber mats, two wash racks, on-demand hot water, dedicated feed and tack rooms, and a generous 21'x16' office or bunk room. Four-board fencing and cross-fencing with horse-safety wire create a functional setup for managing horses and other livestock. Additional improvements include a 24'x36' powered metal garage offering ample room for vehicles, equipment, tools and storage, along with the charming “Cluckingham Palace” chicken coop. At the center of the property is a spectacular 12,000-gallon koi pond that also doubles as a filtered natural swimming pool—an inviting place to cool off, relax and enjoy the setting. From quiet mornings beside the pond to evenings spent beneath moss-draped oaks, Possible Dreams Farm offers the space, infrastructure and unmistakable character that make rural living so special. Whether you envision an established equestrian property, a manageable mini farm or a private homestead with room for family and guests, this property is more than simply a home—it is a lifestyle where possible dreams become reality.
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FeaturesGeneralLiving Area 1872.0
Sewer SepticTank
Heating Central
Cooling CentralAir
Appliances Oven Range Refrigerator
HOA Fee 0.0
Association Fee Includes None
Patio/Porch Features Covered Deck Patio Porch
Architectural Style Craftsman
Construction Materials WoodSiding
Year Built 1994
View None
Property Subtype Detached
County Madison
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name None
Garage Y/N N
Full Baths 2
Special Listing Conditions Standard
Status Active
Directions N on Lovett Rd from Hwy 90 left on Bailey Grade Rd property on left at sign
High School Madison County High School
City Greenville
Senior Community Y/N N
MLS Area Madison
Carport Y/N N
Listing Terms Cash Conventional FHA VaLoan
Elementary School Madison County Central School
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School Madison County
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://tour.giraffe360.com/710ab83da0464ecdb2e1fde204c7e24a
Standard Status Active
Tax Lot 0
Property Sub Type Additional Detached SingleFamilyResidence
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InteriorInterior Amenities Pantry SplitBedrooms WalkInClosets
Flooring Hardwood
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Half Baths 0
Total Bedrooms 2
Room Type Other Pantry UtilityRoom
Total Baths 2
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ExteriorExterior Amenities FullyFenced
Fencing Fenced
Parking Features Driveway Gated
Spa N
Building Area Total 1872.0
Lot Size Acres 4.0
Road Surface Type Paved
Private Pool N
Waterfront Y/N N
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
Horse Y/N N
Horse Amenities HorsesAllowed
Irrigation Water Rights Y/N N
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $3,473
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Greenville, FL
Average List Price $332,347
Percent of Sale Price 40%
About Greenville, FL 909 Population
-4% Since 2002
$ 21,995 Median Income
33.3 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
3571042 Elementary School
419010 Middle School
Madison County High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/28/2026 | $550,000 | | Listed Price |