518 Bunkers Cove Road, Panama City, FL 32401
New Listing
$2,850,000
Property Type:
Residential
Bedrooms:
4
Baths:
5
Square Footage:
4,000
Lot Size (sq. ft.):
34,848
Status:
Active
Current Price:
$2,850,000
List Date:
6/08/2026
Last Modified:
6/08/2026
Listing Details MLS# 791000
Contract Info
- List Price/SqFt
- 712.5
Location
- Area
- 02 – Bay County – Central
- Street #
- 518
- Street Name
- Bunkers Cove
- Street Suffix
- Road
- State
- FL
- Zip Code
- 32401
- County
- Bay
- Sub Area
- 0203 – Bay – Central SW
- Subdivision
- Sudduths 6th Add
- Community/Resort
- Bunkers Cove
- Waterfront
- Yes
- Gulf Access
- Yes
- Parcel ID
- 21352-000-000
- Elementary School
- Cherry Street
- Middle School
- Jinks
- High School
- Bay
- Directions
- South on Hwy 77 from 23rd st, follow Hwy 77 until you reach Bunkers Cove Rd and turn left. Home on the right
- Legal Description
- TBD
General Property Info
- Sub-Type
- Detached Single Family
- Design
- Mediterranean
- Apx SqFt(Htd/Cooled)
- 4000
- SqFt Source
- Prop App Site
- Full Baths
- 4
- Half Baths
- Yes
- Total Baths
- 5
- Year Built
- 1940
- Construction Status
- Construction Complete
- New Construction
- No
- Garage Y/N
- No
- Lot Dimensions
- 134×269
- Acreage
- 0.8
- Lot Size (SqFt)
- 34848
- Pool
- No
Listing Info, Tax and Legal
- HOA Fee
- No
- New Buyer Fee
- No
- Last Taxes
- 0
- Brokerage Interest
- No Interest
Remarks & Misc
- Remarks
- 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 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.
Breakfast Room
- First
- Yes
More Information
Dining Room
- First
- Yes
Master Bathroom
- First
- Yes
Other
- First
- Yes
Sitting Room
- First
- Yes
Appliances
- Dishwasher
- Yes
- Disposal
- Yes
- Ice Maker
- Yes
- Oven – Double
- Yes
- Range – Gas
- Yes
- Refrigerator
- Yes
- Water Heater – Tankless
- Yes
- Wine Refrigerator
- Yes
Interior Features
- Atrium
- Yes
- Breakfast Bar
- Yes
- Ceiling – Crwn Molding
- Yes
- Fireplace
- Yes
- Kitchen Island
- Yes
- Pantry
- Yes
- Security System
- Yes
- Wet Bar
- Yes
- Window – Bay
- Yes
Exterior
- Built-in Barbecue/Grill
- Yes
- Fireplace
- Yes
- Patio Covered
- Yes
- Porch Open
- Yes
- Sprinkler System
- Yes
Waterfront Feature
- Bulkhead/Seawall
- Yes
Other Structures
- Pergola
- Yes
- Other
- Yes
Financing
- Cash
- Yes
- Conventional
- Yes
Furnished
- Unfurnished
- Yes
Kitchen
- First
- Yes
Lot Features
- Landscaped
- Yes
- Survey Available
- Yes
- Waterfront
- Yes
- Within 1/2 Mile to Water
- Yes
- Other – See Remarks
- Yes
Lot Access
- Paved Road
- Yes
Mstr Bath / Mstr Bdrm
- MBath Double Vanity
- Yes
- MBath Separate Shwr
- Yes
- MBath Walk-In Closet
- Yes
- MBed Sitting Area
- Yes
- See Remarks
- Yes
Rooms
- Bedroom
- Yes
- Breakfast Room
- Yes
- Dining Room
- Yes
- Kitchen
- Yes
- Master Bathroom
- Yes
- Master Bedroom
- Yes
- Other
- Yes
- Sitting Room
- Yes
Utilities
- Cable – Available
- Yes
- Electricity – Connected
- Yes
- Garbage
- Yes
- Natural Gas – Available
- Yes
- Generator
- Yes
- Public Sewer – Connected
- Yes
- Public Water – Connected
- Yes
Waterview
- Bay
- Yes
Sale Type
- As Is
- Yes
Waterfront Type
- Bay/Harbor
- Yes
Master Bedroom
- First
- Yes
Bedroom
- First
- Yes
Cooling
- Central Air
- Yes
Heating
- Fireplace(s)
- Yes
Property Features
Appliances:
Dishwasher; Disposal; Ice Maker; Oven – Double; Range – Gas; Refrigerator; Water Heater – Tankless; Wine Refrigerator
Master Bedroom:
First
Bedroom:
First
Cooling:
Central Air
Heating:
Fireplace(s)
Exterior:
Built-in Barbecue/Grill; Fireplace; Patio Covered; Porch Open; Sprinkler System
Financing:
Cash; Conventional
Furnished:
Unfurnished
Kitchen:
First
Lot Features:
Landscaped; Survey Available; Waterfront; Within 1/2 Mile to Water; Other – See Remarks
Lot Access:
Paved Road
Breakfast Room:
First
Master Bathroom:
First
Dining Room:
First
Other:
First
Sitting Room:
First
Other Structures:
Pergola; Other
Rooms:
Bedroom; Breakfast Room; Dining Room; Kitchen; Master Bathroom; Master Bedroom; Other; Sitting Room
Sale Type:
As Is
Utilities:
Cable – Available; Electricity – Connected; Garbage; Generator; Natural Gas – Available; Public Sewer – Connected; Public Water – Connected
Waterfront Type:
Bay/Harbor
Waterfront Feature:
Bulkhead/Seawall; Bulkhead/Seawall
Waterview:
Bay
Room Information
| Room Name | Level | Dimensions | Length | Width | Remarks |
|---|---|---|---|---|---|
| Master Bedroom | First | 20 x 19 | 20.00 | 19.00 | |
| Master Bathroom | First | 12 x 16 | 12.00 | 16.00 | |
| Other | First | 45 x 13 | 45.00 | 13.00 | gallery hallway |
| Sitting Room | First | 12 x 10 | 12.00 | 10.00 | |
| Breakfast Room | First | 9 x 9 | 9.00 | 9.00 | |
| Kitchen | First | 27 x 15 | 27.00 | 15.00 | |
| Dining Room | First | 19 x 13 | 19.00 | 13.00 | |
| Bedroom | First | 19 x 16 | 19.00 | 16.00 | currently used as family room |
| Bedroom | First | 12 x 12 | 12.00 | 12.00 | |
| Bedroom | First | 17 x 10 | 17.00 | 10.00 |
Listing Office:
CENTURY 21 Commander Realty
Last Updated: June – 08 – 2026
Information deemed reliable but not guaranteed.