$2,850,000
Panama City, FL 32401
MLS# 1011673
3 beds | 5 baths | 4000 sqft
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Property Description
Experience timeless elegance and waterfront serenity in this extraordinary Mediterranean-inspired estate, perfectly positioned on a sprawling bayfront lot. From the moment you arrive, the home's graceful arches, warm architectural details, and inviting courtyard create an unforgettable first impression, setting the stage for a lifestyle defined by beauty, comfort, and coastal charm. Inside, the residence unfolds with refined sophistication. A spacious living room anchored by a stunning fireplace opens to breathtaking bay views, creating the perfect setting for both relaxed evenings and elegant entertaining. The formal dining room showcases exquisite custom plaster-finished walls, offering a rich and artistic backdrop for memorable gatherings. At the heart of the home, the chef's kitchen is as functional as it is beautiful, featuring a striking brick accent wall, double ovens, a gas range, and an oversized island with a butcher block top. Sunlit and inviting, the eat-in kitchen overlooks both the tranquil koi pond and the sparkling bay beyond, seamlessly blending indoor and outdoor living. Just off the kitchen, a cozy sitting room with its own fireplace provides the perfect retreat for quiet mornings or intimate conversations. The thoughtfully designed split floor plan offers privacy and comfort, highlighted by a luxurious master suite that includes a rare original 1940 greenhouse feature, adding a touch of history and charm. The spa-like master bathroom invites relaxation
Details
Maps
Status Change Info
Status: Active
Contract Info
List Date: 2026-09-09
Current Price: $2,850,000
List Price: $2,850,000
List Price/SqFt: 712.5
Listing Board: Emerald Coast
Location Tax and Legal
Area: 27 - Bay County
Street #: 518
Street Name: Bunkers Cove
Street Suffix: Road
State: FL
Zip Code: 32401
County: Bay
Project Name/Subdivision: SUDDUTHS 6TH ADDN
Parcel ID: 21352-000-000
General Property Info
Sub-Type: Detached Single Family
Design: Mediterranean
Apx SqFt(Htd/Cooled): 4000
SqFt Source: County PA Records
Bedrooms: 3
Full Baths: 4
Half Baths: 1
Total Bathrooms: 5
# Stories: 1
Year Built: 1940
Garage: No
Carport: No
Acreage: 1.22
Pool: No
Pool Type: None
Waterfront
Waterfront Feet: 138
Property Features
Construction Status: Construction Complete
Lot Features: Bulkhead/Seawall; Flood Insurance Req; Survey Available; Within 1/2 Mile to Water
Zoning: Resid Single Family
Waterfront: Bay
Waterview: Bay
Exterior: Boathouse; Boatlift; Patio Covered; Sprinkler System
Interior: Atrium; Breakfast Bar; Ceiling Crwn Molding; Fireplace; Kitchen Island; Pantry; Wet Bar; Window Bay
Appliances: Dishwasher; Disposal; Ice Machine; Oven Double; Refrigerator; Security System; Stove/Oven Gas; Wine Refrigerator
Utilities: Gas - Natural; Public Sewer; Public Water; TV Cable
Energy: Heat Cntrl Electric
Master Bedroom: First
Bedroom: First
Kitchen: First
Rooms: Bedroom; Breakfast Room; Dining Room; Kitchen; Master Bedroom; Other
Supplements
with a large soaking tub, separate shower, and an expansive walk-in closet. Three additional bedrooms, each with their own full bathrooms, ensure comfort for family and guests alike, with one guest suite featuring its own fireplace for added warmth and character. A gallery-style hallway runs through the home, offering the perfect space to display art and personal collections. Outdoors, the property transforms into a true private oasis. Multiple water features, including a beautifully stocked koi pond, create a peaceful, resort-like atmosphere. The custom covered patio and pergola with an outdoor fireplace and built-in grilling area make entertaining effortless, while the expansive lawn stretches to the water's edge, complete with a seawall and direct bay access. Adding a sense of fun and uniqueness, the grounds also feature a zip line and a custom playhouse, making this estate as playful as it is luxurious. Blending classic Mediterranean architecture with modern comforts and unparalleled waterfront living, this one-of-a-kind property offers a lifestyle that is both elegant and unforgettable. Whether enjoying quiet sunsets over the bay or hosting gatherings under the stars, this home is a rare opportunity to own a true coastal masterpiece.
Room Information
| Room Name | Level | Dimensions | Length | Width | Remarks | Dimensions |
| Master Bedroom | First | 20 x 19 | 20.00 | 19.00 | 20 x 19 | |
| Other | First | 45 x 13 | 45.00 | 13.00 | Gallery Hallway | 45 x 13 |
| Bedroom | First | 19 x 16 | 19.00 | 16.00 | 19 x 16 | |
| Bedroom | First | 12 x 12 | 12.00 | 12.00 | 12 x 12 | |
| Bedroom | First | 17 x 10 | 17.00 | 10.00 | 17 x 10 | |
| Breakfast Room | First | 9 x 9 | 9.00 | 9.00 | 9 x 9 | |
| Kitchen | First | 27 x 15 | 27.00 | 15.00 | 27 x 15 | |
| Dining Room | First | 19 x 13 | 19.00 | 13.00 | 19 x 13 |
Listing Office: Century 21 Commander Realty Inc
Last Updated: September - 10 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.