403 Highway 2297, Panama City

$689,000

3 Beds
2 Baths
1,701 Sqft
5.17 Acres
2 Garages

Rare opportunity to own a beautifully updated 3-bedroom, 2-bath brick home with Gulf access, situated on 5 private acres along Cook's Bayou. This property offers exceptional flexibility—bring the boat, RV, four-wheeler, or horse—with room to live, work, and play in a peaceful waterfront setting.

Built in 1976 and thoughtfully renovated, the 1,855 sq ft home blends classic character with modern upgrades. Interior features include fresh paint, quartz countertops, new ceiling fans, and closet organizers throughout. The primary bathroom has been fully remodeled, and the kitchen is equipped with an induction cooktop, double ovens with convection and air-fryer modes, and stainless steel appliances—all less than three years old. Significant improvements include popcorn ceiling removal, 2024 HVAC, Honeywell programmable thermostat, Pristine Air UV filtration system, water softener, generator outlet, 2017 metal roof, hurricane ties for wind mitigation, and a whitewashed brick exterior.

Outdoor amenities include a solar-powered gated entrance, 12'x32' shed, motorized screened back porch, raised metal garden beds, citrus trees, private pond, and mature moss-draped oak trees. Nearly $30,000 in dock upgrades include an expanded dock and 7,000-lb boat lift, providing direct access to the Gulf.

Property sits on tidal waters with Gulf access through Cook's Bayou. Bridge vertical clearance is approximately 9'6", suitable for smaller boats. John Deere tractor and attachments convey with sale.

Ideal for a private waterfront homestead, recreational retreat, or future expansionthis unique property offers space, privacy, and true Florida waterfront living.

Essential Information
MLS® #994924
Price$689,000
Sold Price$673,750
Date Sold$2026-07-21
Bedrooms3
Bathrooms2.00
Full Baths2
Square Footage1,701
Acres5.17
Year Built1976
TypeResidential
Sub-TypeDetached Single Family
StyleRanch
StatusSold
Community Information
Address403 Highway 2297
Area27 - Bay County
SubdivisionNo Named Subdivision
CityPanama City
CountyBay
StateFL
Zip Code32404
Amenities
ParkingBoat, Guest, RV Access/Parking
# of Garages2
ViewBay, Bayou
Is WaterfrontYes
WaterfrontBay, Bayou, Harbor
Utilities

Electric, Private Well, Septic Tank

Interior
AppliancesDishwasher, Refrigerator
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
# of Stories1
Interior Features

Beamed Ceilings, Vaulted Ceiling(s), Fireplace, Recessed Lighting, Newly Painted, Pantry, Washer/Dryer Hookup

Exterior
RoofMetal
ConstructionBrick
Exterior Features

Boat Slip, Boatlift, Dock, Yard Building

Lot Description

Within 1/2 Mile to Water, Wooded

School Information
ElementaryCallaway
HighRutherford
Additional Information
Days on Website257
ZoningResid Single Family
Listing Details
OfficeLegacy Premier Agency LLC
Property History
Price Reduced from $699,000 to $689,000
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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.

Listing information last updated on October 24th, 2026 at 11:22pm CDT.