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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 21 acres, 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: Bay_County
- MLS ID: 772690
- Updated: 2/12/2026
- Added to Site: 324 day(s) ago
Interior
- Number of Rooms: 6
- Fireplace: Yes
- Appliances: Bar Fridge, Gas Range, Gas Water Heater, Tankless Water Heater
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 6
- Half Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Fenced, Gunite, In Ground, Salt Water, Private
- Security/Safety: Security System, Security Gate, Smoke Detector(s)
Exterior
- Exterior Features: Fire Pit, Outdoor Kitchen
- Porch/Patio/Deck: Balcony, Open, Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Parking Features: Circular Driveway, Gated
Location
- 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
Community
- Community Name: 04 - Bay County - North
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central, Electric, Fireplace(s)
Utilities
- Utility Description: Cable Connected, Electricity Available, High Speed Internet Available, Phone Connected
Structural Information
- Architectural Style: Craftsman
- Construction: Brick, Concrete, Stone
- Roof: Shingle
- Windows: Storm Window(s)
- Doors: Storm Door(s)
- Stories/Levels: 2
- Sq. Ft. Source: Plans
- Year Built: 2007
Additional Structures
- Other Structures: Garage(s)
Lot Features
- Property View: Lake
- Lot Size (Acres): 21.52
- Lot Size (Sq. Ft.): 937,411
- Lot Size: 21.52
- Lot Dimensions: 600 x 1430
- Frontage: Highway
- Lot Features: Sprinkler System, Paved
- Zoning: County, Horses Allowed, Resid Single Family
- Fencing (Description): Partial
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Lake, Lake Front
- Water Front View: Lake, Lake Front
- Lake Front: Yes
Financial Considerations
- Tax Amount: $8,465
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Listed As-Is
- 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
- 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 | 4.3 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
7/29/2025
Price Reduced
$4,250,000
-14.57%
MLS
4/29/2025
Listed
$4,975,000
—
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, Southport, FL 32409 (MLS# 772690) is a Single Family property with 6 bedrooms, 6 full bathrooms and 2 partial bathrooms. 2601 E Highway 20 is currently listed for $2,250,000 and was received on May 15, 2025. Want to learn more about 2601 E Highway 20? Do you have questions about finding other Single Family real estate for sale in Southport? You can browse all Southport real estate or contact a Coldwell Banker agent to request more information.

