501 Wood Trail, Panama City, FL 32405 (MLS# 776778)

501 Wood Trail, Panama City, FL 32405

$559,000

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,246 Lot Size (sq. ft.): 22,216 Status: Active

Current Price: $559,000 List Date: 1/19/2026 Last Modified: 6/10/2026

Overview

Description

*Sellers offering $5,000 towards the interest rate buy down saving you thousands!!**** Home is Wheelchair accessible from the front door entrance, the garage door entrance, and the patio area. Crafted by the renowned Koehnemann Construction, this beautiful home in the coveted ''The Woods Phase 3'' community offers a true suburban retreat on a generous half acre lot. The professionally landscaped grounds create a serene backdrop for relaxing and entertaining, while the fenced backyard complete with patio and screened back porch provides an inviting outdoor oasis. Inside, you'll find four bedrooms and three full bathrooms. A cozy den and a spacious family room offer comfortable gathering spaces, while a bright breakfast nook and a grand dining room provide plenty of options for both casual meals and formal entertaining. The large primary suite includes its own exit to the backyard, and both the living room and dining room open onto the patio and back porch as well, creating se … (Read more) *Sellers offering $5,000 towards the interest rate buy down saving you thousands!!**** Home is Wheelchair accessible from the front door entrance, the garage door entrance, and the patio area. Crafted by the renowned Koehnemann Construction, this beautiful home in the coveted ”The Woods Phase 3” community offers a true suburban retreat on a generous half acre lot. The professionally landscaped grounds create a serene backdrop for relaxing and entertaining, while the fenced backyard complete with patio and screened back porch provides an inviting outdoor oasis. Inside, you’ll find four bedrooms and three full bathrooms. A cozy den and a spacious family room offer comfortable gathering spaces, while a bright breakfast nook and a grand dining room provide plenty of options for both casual meals and formal entertaining. The large primary suite includes its own exit to the backyard, and both the living room and dining room open onto the patio and back porch as well, creating seamless indoor-outdoor flow throughout the home. This property has been meticulously updated over the years: fresh interior paint and granite kitchen countertops in 2016, a new roof in 2018, updated carpeting and flooring in 2019, replacement windows and doors in 2022, a new air conditioning unit and hot water tank in 2023, and, as recently as 2025, a termite inspection and the addition of the screened back porch ideal for year round enjoyment. Beyond your doorstep, neighborhood parks, trails, and local amenities enhance the outdoor lifestyle this home supports. With convenient access to Highway 390 (1.8 miles), Highway 98 (1.5 miles), US 231 (2.5 miles), and Panama City Beach’s world renowned sugary shore just 11 miles away, everyday errands and weekend adventures are at your fingertips. The highly motivated sellers have shared many wonderful memories in this community and have enjoyed their dynamic home.. They are excited to leave this beautiful home to the future owners. Contact your favorite Realtor today to schedule a tour and discover why this could be your next home.

Open Houses

Friday, June 12, 8:00 am – 10:00 am
Saturday, June 13, 8:00 am – 10:00 am

Listing Details MLS# 776778

Contract Info

List Price/SqFt: 248.89

Location

Area: 02 – Bay County – Central
Street #: 501
Street Name: Wood
Street Suffix: Trail
State: FL
Zip Code: 32405
County: Bay
Sub Area: 0204 – Bay – Central NW
Subdivision: The Woods Phase 3
Community/Resort: None
Waterfront: No
Parcel ID: 12987-176-000
Elementary School: Hiland Park
Middle School: Jinks
High School: Bay
Directions: Head north on C R 392/Navy Blvd/Thomas Dr  47 sec (0.5 mi)  Get on US-98 E 1 min (0.7 mi)  Take FL-368/W 23rd St to Wood Trail in Panama City 13 min (6.5 mi) Turn right onto Wood Trail  Destination will be on the left  1 min (0.3 mi) 501 Wood Trail Panama City, FL 32405
Legal Description: THE WOODS PHASE #3 LOT 26 ORB 1707 P 858

General Property Info

Sub-Type: Detached Single Family
Design: Traditional
Apx SqFt(Htd/Cooled): 2246
SqFt Source: Prop App Site
Full Baths: 3
Total Baths: 3
# of Stories in Building: Yes
Year Built: 1997
Immediate Occupancy: Yes
Construction Status: Construction Complete
New Construction: No
Garage Y/N: Yes
Garage Spaces: 2
Driveway Spaces: 6
Lot Dimensions: 0x0
Acreage: 0.51
Lot Size (SqFt): 22216
Pool: No

Listing Info, Tax and Legal

Homestead: Yes
HOA Fee: Yes
HOA Amount: 330
HOA Frequency: Annually
HOA Annual Amount: 330
New Buyer Fee: No
Last Taxes: 3276
Last Tax Year: 2024
Brokerage Interest: No Interest
Section: 28
Township: 3S
Range: 14W

Remarks & Misc

Remarks: *Sellers offering $5,000 towards the interest rate buy down saving you thousands!!**** Home is Wheelchair accessible from the front door entrance, the garage door entrance, and the patio area. Crafted by the renowned Koehnemann Construction, this beautiful home in the coveted ''The Woods Phase 3'' community offers a true suburban retreat on a generous half acre lot. The professionally landscaped grounds create a serene backdrop for relaxing and entertaining, while the fenced backyard complete with patio and screened back porch provides an inviting outdoor oasis. Inside, you'll find four bedrooms and three full bathrooms. A cozy den and a spacious family room offer comfortable gathering spaces, while a bright breakfast nook and a grand dining room provide plenty of options for both casual meals and formal entertaining. The large primary suite includes its own exit to the backyard, and both the living room and dining room open onto the patio and back porch as well, creating seamless indoor-outdoor flow throughout the home. This property has been meticulously updated over the years: fresh interior paint and granite kitchen countertops in 2016, a new roof in 2018, updated carpeting and flooring in 2019, replacement windows and doors in 2022, a new air conditioning unit and hot water tank in 2023, and, as recently as 2025, a termite inspection and the addition of the screened back porch ideal for year round enjoyment. Beyond your doorstep, neighborhood parks, trails, and local amenities enhance the outdoor lifestyle this home supports. With convenient access to Highway 390 (1.8 miles), Highway 98 (1.5 miles), US 231 (2.5 miles), and Panama City Beach's world renowned sugary shore just 11 miles away, everyday errands and weekend adventures are at your fingertips. The highly motivated sellers have shared many wonderful memories in this community and have enjoyed their dynamic home.. They are excited to leave this beautiful home to the future owners. Contact your favorite Realtor today to schedule a tour and discover why this could be your next home.

Appliances

Dishwasher: Yes
Dryer: Yes
Range – Electric: Yes
Refrigerator: Yes
Washer: Yes
Water Heater – Electric: Yes

More Information

Interior Features

Floor – Marble: Yes
Floor – Tile: Yes
Kitchen Island: Yes
Split Bedroom: Yes
Window – Bay: Yes

Construction/Siding

Brick: Yes

Exterior

Fenced Back Yard: Yes
Fireplace: Yes
Patio Covered: Yes
Patio Open: Yes

Association Fees Include

Accounting: Yes

Financing

Cash: Yes
Conventional: Yes
FHA: Yes
VA: Yes

Furnished

Unfurnished: Yes

Interior

Floor – Carpet: Yes

Lot Features

Corner Lot: Yes
Landscaped: Yes
Subdivision – Recorded: Yes
Water Rights: Yes

Lot Access

City Street: Yes

Parking Features

Driveway: Yes
Garage Attached: Yes
Garage Door Opener: Yes

Present Zoning

Resid Single Family: Yes

Rooms

Bedroom: Yes
Primary Bedroom: Yes

Showing

ShowingTime: Yes

Utilities

Cable – Available: Yes
Electricity – Connected: Yes
Public Water – Connected: Yes

Sale Type

As Is: Yes

Primary Bedroom

First: Yes

Bedroom

First: Yes

Cooling

Central Air: Yes
Electric: Yes

Heating

Central: Yes
Electric: Yes

Primary Bdrm/Primary Bath

MBath Tub – Jetted: Yes
MBed First Floor: Yes

Property Features

Appliances: Dishwasher; Dryer; Range – Electric; Refrigerator; Washer; Water Heater – Electric Primary Bedroom: First Bedroom: First Cooling: Central Air; Electric Heating: Central; Electric Exterior: Fenced Back Yard; Fireplace; Patio Covered; Patio Open Association Fees Include: Accounting Financing: Cash; Conventional; FHA; VA Furnished: Unfurnished Interior: Floor – Carpet Lot Features: Corner Lot; Landscaped; Subdivision – Recorded; Water Rights Lot Access: City Street Parking Features: Driveway; Garage Attached; Garage Door Opener Rooms: Bedroom; Primary Bedroom Sale Type: As Is Showing: ShowingTime Utilities: Cable – Available; Electricity – Connected; Public Water – Connected Present Zoning: Resid Single Family

Room Information

Room Name	Level	Dimensions	Remarks
Master Bedroom	First	0 x 0	Buyer to verify
Bedroom	First	0 x 0	Buyer to verify
Bedroom	First	0 x 0	Buyer to verify
Bedroom	First	0 x 0	Buyer to verify

Listing Office: Coldwell Banker Realty

Last Updated: June – 10 – 2026

Information deemed reliable but not guaranteed.