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Single family home for sale at 518 Bunkers Cvs Rd, Panama City, FL 32401 | MLS# 791000 | Listing updated on 2026-09-21
Photo 1 of Single family home for sale at 518 Bunkers Cvs Rd, Panama City, FL 32401 | MLS# 791000 | Listing updated on 2026-09-21
Photo 2 of Single family home for sale at 518 Bunkers Cvs Rd, Panama City, FL 32401 | MLS# 791000 | Listing updated on 2026-09-21
Photo 3 of Single family home for sale at 518 Bunkers Cvs Rd, Panama City, FL 32401 | MLS# 791000 | Listing updated on 2026-09-21
Photo 4 of Single family home for sale at 518 Bunkers Cvs Rd, Panama City, FL 32401 | MLS# 791000 | Listing updated on 2026-09-21
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$2,850,000

Monthly Est:$14,185

  • Beds Icon4 Beds
  • Beds Icon
    5 Baths
  • Beds Icon4,000sqft

518 Bunkers Cvs Rd, Panama City, FL 32401

$14,185/moEst:

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  • Single Family Residence

  • Built in 1940

  • $-- HOA

  • 0.8 acre lot

  • $712/sq.ft

Description

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-finish
ed 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.

  • Houzeo last checked: 7 minutes ago
  • Listing updated: September 21, 2026 at 9:26 pm
  • Listing Provided by: Shani S Lee (850) 832-2151 DRE #3100396 | CENTURY 21 Commander Realty (850) 769-8326
  • Source: Bay/Panama City/Central Panhandle MLS-FL | MLS#: 791000 Bay/Panama City/Central Panhandle MLS-FL

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    -

  • County

    Bay County

  • City

    Panama City

  • Neighborhood

    Bunkers Cove

  • Year Built

    1940

  • HOA Fees

    -

  • Finished Area

    4,000 sqft

  • Lot Size

    0.8 acre lot

  • Basement Area

    - sqft

  • MLS Name

    Bay/Panama City/Central Panhandle MLS

  • MLS Number

    791000

  • MLS Status

    Active

  • Days on Market

    143

  • Cumulative Days on Market

    105

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 4

    Bathrooms: 5

  • Bedroom

    Level: First

    Area: 170.00 Square Feet

    Dimensions: 17 x 10

  • Bedroom

    Level: First

    Area: 144.00 Square Feet

    Dimensions: 12 x 12

  • Bedroom

    Level: First

    Area: 304.00 Square Feet

    Dimensions: 19 x 16

  • DiningRoom

    Level: First

    Area: 247.00 Square Feet

    Dimensions: 19 x 13

  • Kitchen

    Level: First

    Area: 405.00 Square Feet

    Dimensions: 27 x 15

  • BreakfastRoomNook

    Level: First

    Area: 81.00 Square Feet

    Dimensions: 9 x 9

  • SittingRoom

    Level: First

    Area: 120.00 Square Feet

    Dimensions: 12 x 10

  • Other

    Level: First

    Area: 585.00 Square Feet

    Dimensions: 45 x 13

  • PrimaryBathroom

    Level: First

    Area: 192.00 Square Feet

    Dimensions: 12 x 16

  • PrimaryBedroom

    Level: First

    Area: 380.00 Square Feet

    Dimensions: 20 x 19

Interior

  • Appliances

    Gas Range, Ice Maker, Tankless Water Heater

  • Interior Features

    Double Vanity, Main Level Primary, Sitting Area In Primary, See Remarks, Separate Shower, Walk In Closets

  • Exterior Features

    Barbecue

  • Cooling

    Central Air

  • Heating

    Fireplaces

  • Sewer

    Public Sewer

Construction

  • Year Built

    Year Built: 1940

  • Home type

    Single Family Residence

  • Architectural Style

    Mediterranean

Utilities & Energy

  • Utilities

    Natural Gas Available

Other Features

  • Subdivision Name

    Sudduths 6th Add

  • Lot Features

    Sprinkler System, Paved

  • Patio And Porch Features

    Covered, Open, Patio, Porch

  • Community Features

    Barbecue

Price History

DateEventPrice

06/08/2026

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #791000

Listed for Sale

$2,850,000

$712/sqft

Bunkers Cove Ranks #12 in Panama City, FL

Homes for sale
29

Homes

Rental prices
$1,194

Rental Prices

Median Home Price
$290K

Median Home Price

Bunkers Cove, Panama City, FL neighborhood guide

Nearby Homes

Based on information from Central Panhandle Association of REALTORS® MLS through Oct 30, 2026, 09:00AM. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2026 Bay Central Panhandle Association of REALTORS®

Advertising Broker: Moe Mossa (Savvy Avenue) | Savvy Avenue, LLC

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