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$2,250,000
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Property Description
Rare Offering: 21-Acre Private Estate. 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. Set behind a grand 14-foot private gate and surrounded by over 100 acres of rolling pasture, tall pines, and a fully stocked private lake, this custom-built home offers the perfect balance of luxury, functionality, and country living. Built in 2007 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 thoughtfully designed finishes. 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, and peaceful views of the surrounding property. 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. Additional features include 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 is equipped with two 200-amp electrical panels, a whole-house security system, two deep wells, two septic systems, and a 40KW whole-house generator powered by two 500-gallon propane tanks. The estate also includes a three-car garage with insulated 12' x 8' doors, offering plenty of space for vehicles, recreational toys, or additional storage. At the heart of this estate lies a serene spring fed lake, with bass, bream, and catfish, offering 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 you can enjoy quiet mornings by the lake, sun-drenched afternoons by the pool, and peaceful evenings under the stars. Whether you dream of creating a family compound, running an equestrian retreat, or simply escaping to your own private paradise, 2601 Highway 20 E offers a rare and exceptional opportunity. All of this located just minutes from Panama City, Lynn Haven, and 17 Miles from the world's most beautiful beaches. Opportunities like this are rare. Come experience it for yourself.
Full Property Details
Full Property Details for 2601 E Hwy 20
General
- Price: $2,250,000
- Taxes: $8,465 (2024)
- Status: Active
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 985075
- Updated: 4/13/2026
- Added to Site: 216 day(s) ago
Interior
- Number of Rooms: 8
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 6
Additional Information
- Pool: Yes
- Pool Description: Pool Type
Exterior
- Exterior Features: Balcony, Sprinkler System
Parking
- Parking Features: Garage
Location
- Area: 27 - Bay County
- County: Bay
- Subdivision: [No Recorded Subdiv]
- Driving Directions: North on Highway 77. East on Highway 20. Property is on the Left.
School Information
- Elementary School: Deane Bozeman
- Middle School: Deane Bozeman
- High School: Deane Bozeman
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
Structural Information
- Architectural Style: Cabin
- Construction: Concrete, Brick
- Exterior Const.: Concrete, Brick
- Stories/Levels: 2
- Square Feet: 7,351
- Sq. Ft. Source: Building Plan
- Year Built: 2007
Lot Features
- Property View: Lake
- Lot Size (Acres): 21
- Lot Size (Sq. Ft.): 914,760
- Lot Dimensions: 600 x 1430
- Street/Road Desc.: Paved
- Lot Features: Addl Land Available, Cleared
- Fencing (Description): Fenced Lot-Part
Water Features
- Water View: Yes
Financial Considerations
- Tax Amount: $8,465.24
- Tax Year: 2024
Disclosures and Reports
- Legal Description: 3 1S 14W -1.5B- 96 COM AT SE COR OF SEC TH N 1127.31' TO N R/W LN OF HWY 20 TH SWLY ALG N R/W LN 1104.75' FOR POB TH CONT SWLY 544.50' N 403.34' E 544.50' S 403.34' TO POB ORB 2770 P 1280
- APN: 07415-050-010
- Property ID: 07415-050-010
Listed by Think Real Estate
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Schools
Schools serving 2601 E Hwy 20
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Deane Bozeman School 13410 Florida 77, Panama City, FL 32409 | PK-5 | 4.2 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 2601 E Hwy 20
Date
Details
Price
Change
Source
10/29/2025
Price Reduced
$2,250,000
-47.06%
MLS
9/10/2025
Listed
$4,250,000
—
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 2601 E Hwy 20
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,696
3%
$742,433
3%
2024
$8,465
2%
$721,509
3%
2023
$8,323
24%
$700,494
17%
2021
$6,732
—
$600,393
-3%
2022
$6,741
—
$618,405
4%
2021
$6,732
-1%
$592,104
-1%
2019
$6,774
-19%
$598,936
-17%
2018
$8,318
-3%
$717,473
-1%
2017
$8,555
-4%
$724,305
-1%
2016
$8,881
-4%
$731,136
-1%
2015
$9,277
-1%
$737,968
-1%
2014
$9,354
10%
$744,799
-3%
2013
$8,508
—
$765,231
—
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 2601 E Hwy 20
2601 E Highway 20, Panama City, FL 32409 (MLS# 985075) is a Single Family property with 6 bedrooms and 6 full bathrooms. 2601 E Highway 20 is currently listed for $2,250,000 and was received on September 10, 2025. Want to learn more about 2601 E Highway 20? Do you have questions about finding other Single Family real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

