Beach Homes Realty
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WaterfrontNew Listing

518 bunkers cove road

Panama City, FL 32401

$2,850,000

4 BEDS 5 BATHS
4,000 SQFT0.8 AC LOT
Residential - Single Family
WaterfrontNew Listing
Image 1: front elevation
Image 2: 101-web-or-mls-PANHANDLE - 518 BUNKERS C
Image 3: 3-web-or-mls-PANHANDLE - 518 BUNKERS COV
Image 4: 13-web-or-mls-PANHANDLE - 518 BUNKERS CO
Bedrooms 4
Total Baths 5
Full Baths 4
Square Feet 4000
Acreage 0.8
Status Active
MLS # 791000
County Bay
More Info
Category Residential - Single Family
Status Active
Square Feet 4000
Acreage 0.8
MLS # 791000
County Bay
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.
Location not available

Exterior Features

  • Style Mediterranean
  • Construction Single Family
  • Exterior Barbecue
  • Garage No
  • Sewer PublicSewer
  • Lot Dimensions 134x269
  • Lot Description SprinklerSystem, Paved

Interior Features

  • Appliances GasRange, IceMaker, TanklessWaterHeater
  • Heating Fireplaces
  • Cooling CentralAir
  • Fireplaces Yes
  • Living Area 4,000 SQFT
  • Year Built 1940

Neighborhood & Schools

  • Subdivision Sudduths 6th Add
  • Elementary School Cherry Street
  • Middle School Jinks
  • High School Bay

Financial Information

  • Parcel ID 21352-000-000

Additional Services

Internet Service Providers

Listing Information

Listing Provided Courtesy of CENTURY 21 Commander Realty
Central Panhandle Association of REALTORS
Listing data is current as of 06/22/2026.

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