Build your coastal dream home on this attractive 0.40-acre homesite located in the highly desirable Magnolia Ridge subdivision in Eastpoint, Florida. Offering a peaceful setting with access to city water and sewer, this property provides the perfect foundation for a primary residence, vacation home, or investment property. Magnolia Ridge is known for its spacious homesites, minimal HOA restrictions, and flexibility for homeowners and investors alike. Short-term rentals are allowed, making this an excellent opportunity for those seeking both personal enjoyment and income-producing potential. Conveniently located along Florida's beautiful Forgotten Coast, you'll be just minutes from the sugar-white beaches and world-class fishing of St. George Island, as well as the charming shops, restaurants, and waterfront attractions of historic Apalachicola. Enjoy the best of coastal living while still benefiting from the privacy and tranquility of a well-established community. For buyers seeking additional space, the seller also owns the adjoining 0.55-acre homesite at 251 Ridgecrest Parkway, which is available for purchase separately. Together, these neighboring properties offer a unique opportunity to own nearly one acre in Magnolia Ridge, providing enhanced privacy, expanded building options, and long-term investment value.