720 Bunkers Cove Road, Panama City

$1,899,000

4 Beds
3 Baths
3,233 Sqft
1.02 Acres
0 Garage

Life waterfront is truly lived deep in the Cove on Bunkers Cove Road. This fully-renovated, single-level, four-bedroom, three-bath waterfront home with NO HOA sits back from the road on a one-acre homesite shaded by mature oaks and magnolias. With 153 feet of waterfront, it offers pure bay views that will take your breath away at 20' elevation. Enjoy a Florida room with vaulted ceilings and 180-degree bay views. Slide the glass doors open and and step into an oasis. All built in 2024, swim in the saltwater, heated pool, lounge on the sun shelf, or unwind in the built-in spa while you entertain year-round. The covered cabana was designed specifically with gatherings in mind and offers a gas fireplace and Coyote outdoor kitchen appliances and features consistent limestone flooring continuing on from the pool deck and patio. Even with a pool and summer kitchen, this back yard still lives big! Fenced in, plenty of privacy and room to play. Stroll down to the dock, where you've got deep water, with pilings existing and prepped for a boat lift with water and 50-amp power already in place. From home, you're minutes by boat from the open Gulf pass and Shell Island with no idle speed zones in between. Just over 3,200 square feet, inside, three of the four bedrooms wake up to pure bay views, including the waterfront primary suite, your own private sanctuary. Large enough for a sitting area overlooking the pool and Bay and includes a deep, walk-in closet. Its oversized bath is flooded with natural light and features double vanities with incredible counter space, a walk-in tiled shower, a free-standing soaking tub, a separate water closet, a linen closet, and ample storage. Two large, waterfront guest bedrooms are accessible from the hallway and a guest bath offers a tiled, shower-tub combo, beautiful tiled floors and a large double vanity. The fourth bedroom is located on the opposite side of the home and features an en suite bath with Carrera marble flooring and a deep turquoise tiled shower. As you step through the front door, your eyes are drawn directly to the waterfront with glass spanning the back of the home. The open concept was well-designed and the heart of the home is this stunning kitchen, made for gathering, with GE Café appliances, quartz countertops, a zellige tile backsplash, and a walnut island. Linger over breakfast at the built-in walnut banquette, or settle in by the fireplace beneath the vaulted living room ceilings. Custom millwork and modern coastal shiplap ceilings and walls bring warmth and character to the great room, kitchen, and Florida room. Just off the kitchen is a large laundry room with sink, a built-in mudroom nook off the carport. This home offers consistent LVP flooring throughout every inch of this home is in immaculate condition. Outside the carport is a separate, 300 square foot heated and cooled space with mini-split and is ready to become your home gym, office, workshop, or climate controlled storage. Peace of mind is built in this home. The home was gutted to the studs in 2022, with all plumbing and electrical replaced. It also offers concrete block construction, a hidden safe room inside the home, a 2019 roof, impact hurricane-rated windows, and a whole-home generator. At 20' elevation and X flood zone, it makes this a rare find on the water sitting high above the others. A deep water well with sprinkler system irrigates the lawn. Bunkers Cove Road is a street that people wait their entire lives to live on. It's a rare waterfront homesite offering one full acre of pure bay views and sits across the street from a city-maintained community park offers swings, a playground, benches, and a walking path. The Cove neighborhood is golf cart friendly, and Historic Downtown shopping and dining are minutes away. This location. This waterfront. Your legacy. Special financing incentives available on this property from SIRVA Mortgage.

Essential Information
MLS® #1013314
Price$1,899,000
Bedrooms4
Bathrooms3.00
Full Baths3
Square Footage3,233
Acres1.02
Year Built1959
TypeResidential
Sub-TypeDetached Single Family
StyleTraditional
StatusActive
Community Information
Address720 Bunkers Cove Road
Area27 - Bay County
SubdivisionCOVE PARK ADDN
CityPanama City
CountyBay
StateFL
Zip Code32401
Amenities
ParkingAttached Carport, Oversized
ViewBay, Bayou
Is WaterfrontYes
WaterfrontBay
Has PoolYes
PoolIn Ground
Utilities

Electric, Public Sewer, Public Water

Interior
HeatingCentral
CoolingCentral Air
FireplaceYes
FireplacesEPA Qualified Fireplace
# of Stories1
Interior Features

Breakfast Bar, Beamed Ceilings, Vaulted Ceiling(s), Fireplace, Kitchen Island, Recessed Lighting, Pantry

Appliances

Dishwasher, Dryer, Microwave, Refrigerator, Washer

Exterior
WindowsWindow Treatments
RoofShingle
ConstructionBrick
FoundationSlab
Exterior Features

Outdoor Grill, Boat Slip, Private Yard, Pool - Gunite Concrt, Sprinkler System

Lot Description

Curb & Gutter, Sidewalk, Within 1/2 Mile to Water

School Information
ElementaryCherry Street
MiddleJinks
HighBay
Additional Information
ZoningResid Single Family
Listing Details
OfficeCorcoran Reverie SRB
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Listing information last updated on October 15th, 2026 at 10:38am CDT.