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518 Bunkers Cove Road

Panama City, FL 32401
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Bed 4

Bed

Bath 5

Bath

Acres0.80

Acre(Lot)

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 i s 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.

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Detail Ic Property Details

Property Type : Residential

Price : $2,850,000

AD Id : 81562182

MLS Id : 791000

Beds : 4

Lot Size : 0.80 Acre

Year Built : 1940

County : Bay

Subdivision: Sunny Hills

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 5 Full Baths: 4 Half Baths: 1

    Room Information

    Rooms Total: 10
  • Interior Features

    Appliances: GasRange, IceMaker, TanklessWaterHeater
  • Heating & Cooling

    Has Heating: Yes Heating: Fireplaces Has Cooling: Yes Cooling: CentralAir Water front: 1

  • Building Information

    Year Built: 1940
    Building Area Total: 4000
    Patio And Porch Features: Covered, Open, Patio, Porch
    Private Pool: No
    Water front Features: Bayfront,Seawall
    View: Bay
  • Exterior Features

    Exterior Features: Barbecue

  • Lot Information

    Lot Dimensions: 134x269 Main Square Feet: 0.8 Lot Size Acres: 0.8 Lot Size Square Feet: 34,848 Lot Description: SprinklerSystem,Paved

    Property Information

    Subdivision: Sudduths 6th Add Source Property Type: Residential MLS Area Minor: 0203 - Bay - Central SW Property SubType: Single Family Residence Property Age: 86

  • Listing Price Information

    Listing Price: $2850000

  • Tax Information

    Parcel Number: 21352-000-000 Annual Tax: $0 Tax Legal Desc: TBD

  • School Information

    Elementary School: Cherry Street Junior High School: Jinks Senior High School: Bay
  • Utility Information

    NaturalGasAvailable
  • Location Information

    Direction: South on Hwy 77 from 23rd st, follow Hwy 77 until you reach Bunkers Cove Rd and turn left. Home on the right
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ByOwner last updated this listing 06/22/2026 @ 05:03

MLS: 791000 LISTED BY: Shani Lee, CENTURY 21 Commander Realty 850-769-8326 SOURCE: CPAR

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