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501 Wood Trail

Panama City, FL 32405

$559,000 $2,356/Mo

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Overview

Bed

Bath

0.51

Acre(Lot)

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 bo th 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.

Property Details

Property Type : Residential

Price : $559,000

AD Id : 66160418

MLS Id : 776778

Beds : 4

Lot Size : 0.51 Acre

Year Built : 1997

Garage : 2

County : Bay

Subdivision: Kai At Bay Harbor Condo

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 4

Bathroom Information

Total Baths: 3 Full Baths: 3

Room Information

Rooms Total: 4
Interior Features

JettedTub, MainLevelPrimary

Appliances: ElectricRange, ElectricWaterHeater
Heating & Cooling

Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir

Building Information

Year Built: 1997

Building Area Total: 2246

Construction Materials: Brick

Stories: 1

Patio And Porch Features: Covered, Patio

Private Pool: No
Exterior Features

Exterior Features: Patio

Lot Information

Lot Dimensions: 0x0 Main Square Feet: 0.51 Lot Size Acres: 0.51 Lot Size Square Feet: 22,216

Property Information

Subdivision: The Woods Phase 3 Source Property Type: Residential MLS Area Minor: 0204 - Bay - Central NW Zoning Description: Resid Single Family Property SubType: Single Family Residence Levels: One Property Age: 29

Listing Price Information

Listing Price: $559000

Original Price: $585900

Tax Information

Parcel Number: 12987-176-000 Tax Year: 2024 Annual Tax: $3276 Tax Legal Desc: THE WOODS PHASE #3 LOT 26 ORB 1707 P 858

Virtual Tour

Virtual Tour (External Link)

Parking Information

Garage, GarageDoorOpener

Garage Information

Has Garage: Yes Garage Space: 2

Homeowners Association Information

Has Association: Yes

School Information

Elementary School: Hiland Park Junior High School: Jinks Senior High School: Bay
Utility Information

ElectricityAvailable
Location Information

Direction: 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

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft
3334 Ten Acre Road, Panama City, FL, 32405	$299,999	4	2	--
2602 Glenview Avenue, Panama City, FL, 32405	$322,500	3	2	--
3214 Douglas Road, Panama City, FL, 32405	$195,000	3	2	--
3140 Douglas Road, Panama City, FL, 32405	$360,000	3	2	--
3512 Ormond Avenue, Panama City, FL, 32405	$380,000	3	2	--
3117 Debra Boulevard, Panama City, FL, 32405	$160,000	2	2	--
3112 Douglas Road, Panama City, FL, 32405	$346,500	3	2	--
3116 Douglas Road, Panama City, FL, 32405	$365,000	3	2	--
3109 E Orlando Road, Panama City, FL, 32405	$104,900	3	3	--
3008 E Nowell Court, Panama City, FL, 32405	$255,000	3	2	--

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ByOwner last updated this listing 06/15/2026 @ 09:05

MLS: 776778 LISTED BY: Catriese Johnson, Coldwell Banker Realty 850-234-6696 SOURCE: CPAR