247 S Cove Terrace Drive, Panama City, FL 32401

$2,250,000
Property Type: Residential Bedrooms: 6 Baths: 6 Square Footage: 6,662 Lot Size (sq. ft.): 24,394 Status: Sold
Current Price: $2,495,000 List Date: 12/09/2021 Last Modified: 9/23/2024

Description

Currently under contract, seller accepting back up offers. This modern, transitional waterfront masterpiece 6,700 SF residence takes full advantage of its bayfront location, blurring the lines between indoors and out while allowing for the most pleasurable resort-like lifestyle. The breezy outdoor spaces and light-filled, view-focused interiors offer relaxed and refined modern living. With over 100 feet of water frontage on St. Andrews Bay, this home boasts a private boat lift, boat house and dock leading from the water to the estate’s lavish amenities which include a pool, hot tub, screened-in outdoor kitchen, and accordion doors that lead to an exceptional family room and wet bar.

Supplements: A generous green space offers additional room for family games, entertaining and capturing the best views that waterfront living can afford, with no HOA. The outdoor space includes a full bath and climate-controlled bonus room, both adjacent to the pool. An expansive pool deck for large gatherings is perfect! Beyond the mahogany French doors, an open floor plan reveals pure Bay views, tongue and groove ceilings and expansive light-filled living spaces. Rich details throughout including stunning hardwood floors, vaulted ceilings, custom millwork covering the television and a gas fireplace. Meticulously designed window seats and an abundance of windows showing stunning views of the Bay, pool, and dock. The chef-style kitchen has custom cabinetry with a suite of professional grade appliances and a butler’s pantry with additional sub-zero refrigerator, dishwasher and more that was designed to be open or closed to your liking. Among the mix of formal and casual spaces, the family room is adjacent to the kitchen and dining room, but all designed to ensure the Bay views are preserved. The main level Master bedroom includes oversized, customized walk-in closets and spa-like en suite, featuring a walk-in shower, soaking tub, dual vanities, and separate water closet room. Four additional bedrooms and three additional bathrooms along with a large mudroom and laundry complete the main level. The lower level of the home offers the greatest entertaining space you’ve ever seen. This open space includes high ceilings, wet bar complete with a thick honed granite, wine fridge, mini fridge, icemaker and dishwasher and the ability to capture the indoor-outdoor living desired. This level also offers a large bonus room with custom built-in tree houses for the kids, an abundance of storage closets and a private guest room with en suite. A fitness room and safe room/vault also complete the lower level of this home. This waterfront estate offers a whole-home generator ensuring the comfort of its owners and guests as well as a customizable security system, sound system, and lighting system. Notable features of the home include: three-car garage with epoxy flooring and dumbwaiter for storage, hardwood flooring and travertine, custom drapery, custom crown molding, designer lighting and A/C in the attic for maximum climate control and lush landscaping. Poised within proximity to the famed Shell Island and only 7 miles to the emerald waters of the Gulf of Mexico pass, you’ll see why the Cove is truly a boater’s paradise. This home offers deep water and perfect for your center-console or sportfishing boat. Adjacent to the home is the neighborhood park where friends and neighbors gather as it is the heart of the community. Located just 2 miles from flourishing Downtown Panama City, you’re within a short golf cart ride away from enjoying local brews, live music daily, boutique shopping, a farmers market and more. Along with the world’s most beautiful beaches just minutes away, world-class dining on the 30A corridor and welcoming Southern hospitality, you’ll be ready to call this your home immediately. *Buyer to verify all measurements, if important.*

More Information MLS# 719193

Listing Info, Tax and Legal

Homestead: Yes HOA Fee: No Senior Community: No Is Subject Leased: No New Buyer Fee: No Last Taxes: 15901 Last Tax Year: 2020 Brokerage Interest: No Interest As Is: No

Contract Info

List Price/SqFt: 374.51 Status: Sold List Date: 2021-11-16 List Price: $2,495,000 Current Price: $2,250,000

Location

Sub Area: 0203 – Bay – Central SW Community/Resort: Bunkers Cove Waterfront: Yes Elementary School: Cherry Street Middle School: Jinks High School: Bay Directions: From 15th Street heading east, turn right onto Balboa Avenue. Turn left onto Beach Drive. Follow Beach Drive until it becomes Cherry Street. Turn right onto S. Cove Terrace Drive. Area: 02 – Bay County – Central Street #: 247 Street Direction: S Street Name: Cove Terrace Street Suffix: Drive State: FL Zip Code: 32401 County: Bay Subdivision: Cove Terrace Parcel ID: 21647-000-000 Legal Description: COVE TERRACE LOT 29 BLK 82 ORB 3257 P 317

General Property Info

Acreage: 0.56 Design: Traditional Lot Size (SqFt): 24394 Apx SqFt(Htd/Cooled): 6662 Immediate Occupancy: Yes Construction Status: Construction Complete SqFt Source: Prop App Site # of Stories in Building: 2 Pre-Const Flip: No Lot Dimensions: 100 x 302 Garage Y/N: Yes Garage Spaces: 3 Driveway Spaces: 6 Sub-Type: Detached Single Family Bedrooms: 6 Full Baths: 6 Total Baths: 6 Year Built: 2013

Remarks & Misc

Remarks: Currently under contract, seller accepting back up offers. This modern, transitional waterfront masterpiece 6,700 SF residence takes full advantage of its bayfront location, blurring the lines between indoors and out while allowing for the most pleasurable resort-like lifestyle. The breezy outdoor spaces and light-filled, view-focused interiors offer relaxed and refined modern living. With over 100 feet of water frontage on St. Andrews Bay, this home boasts a private boat lift, boat house and dock leading from the water to the estate’s lavish amenities which include a pool, hot tub, screened-in outdoor kitchen, and accordion doors that lead to an exceptional family room and wet bar.

Status Change Info

Sold Price/SqFt: 337.74 Sold Price/Acre: 4017857.14 Under Contract Date: 2022-01-28 Sold Date: 2022-06-14 Sold Price: $2,250,000

Pool Features

Fenced: 1 Heated – Electric: 1 Inground: 1 Pool House: 1 Spa/ Hot Tub: 1

Appliances

Bar Fridge: 1 Dishwasher: 1 Disposal: 1 Dryer: 1 Ice Maker: 1 Microwave: 1 Oven – Double: 1 Range – Gas: 1 Range Hood: 1 Refrigerator: 1 Warming Drawer: 1 Washer: 1 Water Heater – Tankless: 1 Wine Cooler: 1 Wine Refrigerator: 1

Interior Features

Washer/Dryer Hookup: 1 Basement: 1 Bookcases: 1 Breakfast Bar: 1 Ceiling – Beamed: 1 Ceiling – Coffered: 1 Ceiling – Crwn Molding: 1 Ceiling – Raised: 1 Ceiling – Vaulted: 1 Fireplace: 1 Floor – Hardwood: 1 Floor – Tile: 1 Guest Quarters: 1 Inside Storage: 1 Kitchen Island: 1 Media Room: 1 Newly Painted: 1 Pantry: 1 Security System: 1 Walls Wainscoting: 1 Wet Bar: 1 Window – Bay: 1 Window – Treatment All: 1

Construction/Siding

Brick: 1 Roof – Dimensional Shg: 1 Trim – Wood: 1

Exterior

Balcony: 1 Double Pane Windows: 1 Fenced Back Yard: 1 Fenced Lot-Part: 1 Lawn Pump: 1 Summer Kitchen: 1 Shower: 1 Patio Covered: 1 Patio Enclosed: 1 Pool: 1 Porch Screened: 1 Renovated: 1 Separate Living Area: 1 Sprinkler System: 1 Yard Building: 1

Waterfront Feature

Boat Slip: 1 Boatlift: 1 Dock: 1 Shore – Natural: 1 Waterfront Feet: 100

Other Structures

Boat House: 1 Outdoor Kitchen: 1 Pool House: 1 Workshop: 1

Financing

Cash: 1 Conventional: 1

Furnished

Unfurnished: 1

Interior

Bonus Room: 1 Smart Home: 1 Smart Thermostat: 1

Kitchen

First: 1

Living Room

First: 1

Lot Features

Landscaped: 1 Waterfront: 1 Within 1/2 Mile to Water: 1

Lot Access

City Street: 1 Paved Road: 1

Parking Features

Driveway: 1 Garage: 1 Garage Attached: 1 Garage Door Opener: 1

Mstr Bath / Mstr Bdrm

MBath Double Vanity: 1 MBath Garden Tub: 1 MBath Sauna/Steam: 1 MBath Separate Shwr: 1 MBath Tile: 1 MBath Whirlpool: 1 MBed First Floor: 1 MBed Walk-in Closet: 1 MBed Waterfront: 1

Present Zoning

Resid Single Family: 1

Association Amenities

Beach: 1 Dock: 1 Pool: 1 Waterfront: 1 Whirlpool: 1 Other – See Remarks: 1

Rooms

Bedroom: 1 Kitchen: 1 Living Room: 1 Master Bedroom: 1

Utilities

Electricity – Connected: 1 Natural Gas – Connected: 1 Private Well: 1 Public Sewer – Connected: 1 Water Connected: 1

Waterview

Bay: 1

Accessibility Features

Accessible Approach with Ramp: 1

Waterfront Type

Bay/Harbor: 1

Master Bedroom

First: 1

Bedroom

First: 1

Cooling

Central Air: 1 Multi Units: 1

Security Features

Prewired: 1 Security System: 1 Smoke Detector(s): 1

Property Features

Accessibility Features: Accessible Approach with Ramp Appliances: Bar Fridge; Dishwasher; Disposal; Dryer; Ice Maker; Microwave; Oven – Double; Range – Gas; Range Hood; Refrigerator; Warming Drawer; Washer; Water Heater – Tankless; Wine Cooler; Wine Refrigerator Master Bedroom: First Bedroom: First Cooling: Central Air; Multi Units Exterior: Balcony; Double Pane Windows; Fenced Back Yard; Fenced Lot-Part; Lawn Pump; Summer Kitchen; Shower; Patio Covered; Patio Enclosed; Pool; Porch Screened; Renovated; Separate Living Area; Sprinkler System; Yard Building Financing: Cash; Conventional Furnished: Unfurnished Interior: Bonus Room; Smart Home; Smart Thermostat Kitchen: First Living Room: First Lot Features: Landscaped; Waterfront; Within 1/2 Mile to Water Lot Access: City Street; Paved Road Pool Features: Fenced; Heated – Electric; Inground; Pool House; Spa/ Hot Tub Security Features: Prewired; Security System; Smoke Detector(s) Parking Features: Driveway; Garage; Garage Attached; Garage Door Opener Other Structures: Boat House; Outdoor Kitchen; Pool House; Workshop Association Amenities: Beach; Dock; Pool; Whirlpool; Waterfront; Other – See Remarks Rooms: Bedroom; Kitchen; Living Room; Master Bedroom Utilities: Electricity – Connected; Natural Gas – Connected; Private Well; Public Sewer – Connected; Water Connected Waterfront Type: Bay/Harbor Waterfront Feature: Boat Slip; Boatlift; Dock; Shore – Natural Waterview: Bay Present Zoning: Resid Single Family

Room Information

Master Bedroom Level: First Dimensions: 17.11 x 15.4 Length: 17.11 Width: 15.40 Dimensions: 17.11 x 15.4 Bedroom Level: First Dimensions: 13.2 x 10.9 Length: 13.20 Width: 10.90 Dimensions: 13.2 x 10.9 Bedroom Level: First Dimensions: 13.2 x 13.4 Length: 13.20 Width: 13.40 Dimensions: 13.2 x 13.4 Bedroom Level: First Dimensions: 16.4 x 13.8 Length: 16.40 Width: 13.80 Dimensions: 16.4 x 13.8 Living Room Level: First Dimensions: 25.9 x 24.6 Length: 25.90 Width: 24.60 Dimensions: 25.9 x 24.6 Kitchen Level: First Dimensions: 36.2 x 22.8 Length: 36.20 Width: 22.80 Dimensions: 36.2 x 22.8
Listing Office: Corcoran Reverie
Last Updated: September – 23 – 2024
Information deemed reliable but not guaranteed.