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Sold for $3,000,000
  • $3,000,000

    2601 Highway 20, Panama City, FL 32409

    6beds
    7,351sqft
    Single Family Residence
    Built in 2007
    100 Acres Lot
    $2,998,600 Zestimate®
    $408/sqft
    $-- Estimated rent

    Home value

    $2,998,600

    $2.85M - $3.15M

    Not available

    Zestimate® history
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    What's special

    Outdoor kitchenZero-entry saltwater poolCozy studyBreathtaking lake viewsPrivate spring-fed lakeGame roomSpacious primary suite
    Rare Offering: 100-Acre Private Estate | Equestrian Friendly | Owner Financing Available Welcome to 2601 Highway 20 E, a once-in-a-lifetime opportunity to own a breathtaking private estate in Panama City, Florida. Equestrian friendly and set behind a grand 14-foot private gate surrounded by over 45 acres, a 60 x 100 outdoor building (6,000 square feet), 7-stall barn with tack room and bathroom, all new planted pines in 2023, and a private spring-fed lake, this custom-built home offers the perfect balance of luxury, functionality, and country living. Built in 2007 by renowned builder Rita Jones, with quality and craftsmanship at its core, this expansive 6-bedroom, 6 full bath, 2 half bath estate boasts over 7,351 square feet of heated and cooled living space. From the moment you step inside, you are welcomed by soaring vaulted ceilings, large open spaces, and refinished hardwood floors. Thoughtfully designed finishes are found throughout. The first floor is constructed with solid concrete block for strength and longevity, while the second floor features durable 2x6 framing for added efficiency and durability. The spacious primary suite is a true retreat, featuring his and her closets, a spa-like bath with custom tile shower, heated floors in bathroom, and a Toto toilet. Peaceful views of the surrounding property complete the experience. Entertain with ease in the formal dining room or game room, host unforgettable gatherings around the outdoor kitchen, or retreat to the cozy study for a quiet evening. The gourmet kitchen and luxurious living areas flow seamlessly to the outdoors, where a zero-entry saltwater pool, lush landscaping, and breathtaking lake views await. The home is equipped with a Control 4 Smart Home system, spray foam insulation in the walls and ceilings, Andersen storm doors and windows, and four HVAC units for maximum energy efficiency. For convenience and peace of mind, the property features two 200-amp electrical panels, two deep wells, two septic systems, and a 40KW whole-house generator powered by a dedicated 500-gallon propane tank, with a separate 500-gallon propane tank serving the home. The estate also includes a three-car garage with insulated 12' x 10' doors, offering plenty of space for vehicles, recreational toys, or additional storage. At the heart of the property lies a serene spring-fed lake teeming with bass, bream, and catfish -- the perfect backdrop for fishing, paddling, or simply relaxing in the beauty of nature. This is more than a home -- it's a lifestyle. A place where wide-open spaces meet modern comforts, where equestrian dreams come to life, and where every day feels like a retreat. Located just minutes from Panama City and Lynn Haven, and only 17 miles from the world's most beautiful beaches.

    Zillow last checked:

    Listing updated:

    Listed by:

    The Sanchez Group 850-890-6262,

    Think Real Estate

    Bought with:

    The Sanchez Group

    Think Real Estate

    Source: CPAR,MLS#: 791061MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 8
    • Full bathrooms: 6
    • 1/2 bathrooms: 2
    Rooms
    • Room types: Bedroom, Primary Bedroom
    Primary bedroom
    • Level: First
    • Dimensions: 19 x 19
    Bedroom
    • Level: First
    • Dimensions: 28 x 16
    Bedroom
    • Level: First
    • Dimensions: 16 x 14
    Bedroom
    • Level: Basement
    • Dimensions: 17 x 17
    Bedroom
    • Level: Basement
    • Dimensions: 14 x 14
    Bedroom
    • Level: Basement
    • Dimensions: 15 x 17
    Heating
    • Central, Electric, Fireplace(s)
    Cooling
    • Central Air
    Appliances
    • Included: Gas Cooktop, Gas Range, Gas Water Heater, Ice Maker, Water Softener Owned
    Features
    • Double Vanity, Fireplace, Interior Steps, Bath in Primary Bedroom, Main Level Primary, Smart Home, Soaking Tub, Separate Shower, Smart Thermostat, Walk-In Closet(s), Instant Hot Water
    • Doors: Storm Door(s)
    • Windows: Storm Window(s)
    • Has fireplace: Yes
    • Fireplace features: Gas
    Interior area
    • Total structure area: 7,351
    • Total interior livable area: 7,351 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Circular Driveway, Gated
    • Garage spaces: 3
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Balcony, Covered, Open, Patio, Porch
    • Exterior features: Barbecue, Fire Pit, Outdoor Kitchen, Outdoor Shower
    • Has private pool: Yes
    • Pool features: Fenced, Gunite, In Ground, Salt Water, Private
    • Fencing: Partial
    • Has view: Yes
    • View description: Lake
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake, Lake Front
    Lot
    • Size: 100 Acres
    • Dimensions: 1330 x 1400
    • Features: Sprinkler System, Paved
    Details
    • Additional structures: Barn(s), Outbuilding
    • Parcel number: 07415050010
    • Zoning description: Agriculture, County, Horses Allowed, Resid Single Family
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Brick Veneer, Concrete, Stone, Wood Frame
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 2007

    Utilities & green energy

    • Utilities for property: Electricity Available, Phone Connected

    Community & HOA

    Community
    • Features: Barbecue, Short Term Rental Allowed
    • Security: Security System Owned, Panic Alarm, Security System, Security Gate, Smoke Detector(s)
    • Subdivision: [No Recorded Subdiv]
    HOA
    • Has HOA: No
    Location
    • Region: Panama City

    Financial & listing details

    • Price per square foot: $408/sqft
    • Annual tax amount: $8,736
    • Date on market: 6/9/2026
    • Cumulative days on market: 3 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    7/1/2026Sold$3,000,000+5.3%$408/sqft
    Source: CPAR #791061 Report a problem
    6/15/2026Pending sale$2,850,000+26.7%$388/sqft
    Source: CPAR #791061 Report a problem
    6/9/2026Price change$2,250,000-21.1%$306/sqft
    Source: CPAR #791065 Report a problem
    6/9/2026Listed for sale$2,850,000$388/sqft
    Source: CPAR #791061 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 32409

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Deane Bozeman
    • Middle: Deane Bozeman
    • High: Deane Bozeman

    Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $2,998,600
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    +$59,972
    With Zillow Showcase(estimated)
    $3,058,572