This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/3
$350,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/3
Property Description
Rare opportunity to own 20 usable acres with incredible potential in Fountain, Florida, located approximately 45 minutes from Panama City and directly across from Deep Springs Park. With road frontage and access on three sides, this versatile property offers endless possibilities for those seeking privacy, space, agricultural use, or future development opportunities. The property features a spacious 4-bedroom, 1.5-bath home with approximately 2,500 square feet that is in the final stages of construction. The residence already includes modern tile flooring throughout, a beautifully designed contemporary kitchen, a newly installed septic system, and substantial completed improvements. Remaining work is limited to portions of the roof edges, fascia, exterior siding, and a few final finishing details. The land is equipped with four deep-water wells and is currently being utilized for livestock and gardening, making it ideal for agricultural operations, homesteading, horses, cattle, recreational use, or a private family compound. With no HOA, a recent survey available, and a unique combination of acreage, infrastructure, and flexibility, this property presents an exceptional opportunity for buyers seeking room to grow and create their own vision.
Full Property Details
Full Property Details for 20235 Bain
General
- Price: $350,000
- Taxes: $881 (2025)
- Status: Active
- Type: Land Residential
- Source: Bay_County
- MLS ID: 790902
- Updated: 6/5/2026
- Added to Site: 4 day(s) ago
Location
- County: Bay
- Subdivision: [No Recorded Subdiv]
- Driving Directions: From Panama City, take Hwy 231 North for approximately 35 miles. Turn right onto Bain Rd. Continue on Bain Rd for about 2.5 miles.
School Information
- Elementary School: Waller
- Middle School: Merritt Brown
- High School: Deane Bozeman
Community
- Community Name: 04 - Bay County - North
Lot Features
- Lot Size (Acres): 20
- Lot Size (Sq. Ft.): 871,200
- Lot Size: 20
- Lot Dimensions: 660 x 1320
Financial Considerations
- Tax Amount: $881
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: 5 1N 12W 20AC -30.1- N1/2 OF NW1/4 OF SE1/4 ORB 4523 P 288
- Property ID: 00457-010-000
Listed by Home Prime Realty
Get Pre-Approved Today
Schools
Schools serving 20235 Bain
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Waller Elementary School 11332 East Highway 388, Youngstown, FL 32466 | PK-5 | 10.3 mi |
Deane Bozeman School 13410 Florida 77, Panama City, FL 32409 | PK-5 | 16 mi |
Merritt Brown Middle School 5044 Merritt Brown Way, Panama City, FL 32404 | 6-8 | 19.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 20235 Bain
Date
Details
Price
Change
Source
6/05/2026
Listed
$350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 20235 Bain
Year
Property Taxes
Change
Tax Assessment
Change
2024
$805
—
$66,542
-7%
2024
$805
17%
$71,430
30%
2023
$689
87%
$54,994
77%
2021
$369
-14%
$30,996
-23%
2022
$429
16%
$40,460
38%
2021
$369
10%
$29,260
4%
2019
$336
3%
$28,000
4%
2018
$327
-1%
$26,880
1%
2017
$330
-3%
$26,656
—
2016
$340
-4%
$26,656
—
2015
$353
-10%
$26,782
-10%
2014
$391
13%
$29,750
—
2013
$345
—
$29,750
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 20235 Bain
20235 Bain, Fountain, FL 32438 (MLS# 790902) is a Land Residential property with a lot size of 20 acres. 20235 Bain is currently listed for $350,000 and was received on June 05, 2026. Want to learn more about 20235 Bain? Do you have questions about finding other Land Residential real estate for sale in Fountain? You can browse all Fountain real estate or contact a Coldwell Banker agent to request more information.

