247 S Cove Terrace Drive, Panama City, FL 32401 (MLS# 886027)


$2,250,000
247 S Cove Terrace Drive
Panama City, FL 32401
MLS# 886027
Status: Sold
6 beds  |  6 baths  |  6662 sqft


Exterior
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Exterior Exterior Exterior Waterfront Estate Exterior Exterior Exterior Waterfront Firepit with Pool & Hot Tub Waterfront Pool & Hot Tub Waterfront Waterfront Exterior Exterior Waterfront Estate Boat Dock with Boat Lift & Boat House Dock with Deep Water Living Room with Bay Views Living Room with Bay Views Living Room with Bay Views Living Room with Bay Views Living Room with Bay Views Living Room with Bay Views Dining Room with Bay Views Dining Room & Family Room with Bay Views Family Room with Bay Views Family Room with Summer Kitchen Family Room with Summer Kitchen Kitchen Kitchen Kitchen Kitchen Butlers Pantry Mud Room & Laundry Room Mud Room & Laundry Waterfront Master Suite Master Suite Master Suite Master Suite Steam Shower and Tub Master Steam Shower Master Separate Tub Master Custom Walk-In Closet (1 of 2) Master Custom Walk-In Closet (2 of 2) Family Den Opens to Pool Deck Family Den Opens to Pool Deck Family Den Opens to Pool Deck Family Den Family Den Family Den & Safe Room/Vault Wet Bar in Family Den Bonus Room Fitness Room Guest Bath Guest Bath Guest Bedroom Guest Bath Guest Bedroom Guest Bath Guest Bedroom Guest Bath Pool Exterior Exterior Three Car Garage The Cove Neighborhood with Gulf Access 1 2 3 4

Property Description
This modern, transitional waterfront masterpiece 6,700 SF residence takes full advantage of its bayfront location, blurring the lines between indoors and out while allowing for the most pleasurable resort-like lifestyle. The breezy outdoor spaces and light-filled, view-focused interiors offer relaxed and refined modern living. With over 100 feet of water frontage on St. Andrews Bay, this home boasts a private boat lift, boat house and dock leading from the water to the estate's lavish amenities which include a pool, hot tub, screened-in outdoor kitchen, pool, hot tub and accordion doors that lead to an exceptional family room and wet bar.

Details
Status Change Info
Sold Price/SqFt: 337.74
Status: Sold
Under Contract Date: 2022-01-28
Sold Date: 2022-06-14
Sold Price: $2,250,000
Contract Info
Listing Board: Emerald Coast
List Price/SqFt: 374.51
List Date: 2021-11-16
Current Price: $2,250,000
List Price: $2,495,000
Location, Tax and Legal
Sub Area: 2703 - Bay - Central SW
Elementary School: Cherry Street
Middle School: Jinks
High School: Bay
Legal Description: COVE TERRACE LOT 29 BLK 82 ORB 3257 P 317
General Property Info
Sub-Type: Detached Single Family
Design: Traditional
SqFt Source: County PA Records
Immediate Occupancy: Yes
Garage: Yes
Carport: No
Driveway Spaces: 6
Pool: Yes
Pool Type: Private
Apx SqFt(Htd/Cooled): 6662
Bedrooms: 6
Full Baths: 6
Total Bathrooms: 6
# Stories: 2
Year Built: 2013
Garage Spaces: 3
Acreage: 0.56
Listing Info, Tax & Legal
Who Paid Doc Stamps: Seller
Who Paid Title: Seller
Homestead: Yes
Is Subject Leased: No
Assessment Fees: No
New Buyer Fee: No
Last Taxes: 15901
Last Tax Year: 2020
Brokerage Interest: No Interest
As Is: No
Remarks & Misc
Remarks: This modern, transitional waterfront masterpiece 6,700 SF residence takes full advantage of its bayfront location, blurring the lines between indoors and out while allowing for the most pleasurable resort-like lifestyle. The breezy outdoor spaces and light-filled, view-focused interiors offer relaxed and refined modern living. With over 100 feet of water frontage on St. Andrews Bay, this home boasts a private boat lift, boat house and dock leading from the water to the estate's lavish amenities which include a pool, hot tub, screened-in outdoor kitchen, pool, hot tub and accordion doors that lead to an exceptional family room and wet bar.
Waterfront
Bay: 1
Waterfront Feet: 100
Construction Status
Construction Complete: 1
Parking Features
Garage: 1
Garage Attached: 1
Waterview
Bay: 1
Lot/Parcel Access
City Road: 1
Paved Road: 1
Lot Features
Within 1/2 Mile to Water: 1
Project Facilities
Dock: 1
Pool: 1
Waterfront: 1
Whirlpool: 1
Construction/Siding
Brick: 1
Roof Composite Shngl: 1
Utilities
Electric: 1
Gas - Natural: 1
Private Well: 1
Public Sewer: 1
Public Water: 1
Zoning
Resid Single Family: 1
Exterior
Boat Slip: 1
Boathouse: 1
Boatlift: 1
Dock: 1
Fenced Back Yard: 1
Fireplace: 1
Lawn Pump: 1
Pool - Heated: 1
Pool - In-Ground: 1
Porch Screened: 1
Renovated: 1
Sprinkler System: 1
Summer Kitchen: 1
Yard Building: 1
Interior
Breakfast Bar: 1
Built-In Bookcases: 1
Ceiling Beamed: 1
Ceiling Crwn Molding: 1
Ceiling Tray/Cofferd: 1
Ceiling Vaulted: 1
Fireplace: 1
Fireplace 2+: 1
Fireplace Gas: 1
Floor Hardwood: 1
Floor WW Carpet: 1
Kitchen Island: 1
Lighting Recessed: 1
Newly Painted: 1
Pantry: 1
Renovated: 1
Shelving: 1
Washer/Dryer Hookup: 1
Wet Bar: 1
Window Treatment All: 1
Financing
Conventional: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Ice Machine: 1
Microwave: 1
Oven Double: 1
Range Hood: 1
Refrigerator: 1
Security System: 1
Stove/Oven Gas: 1
Washer: 1
Wine Refrigerator: 1
Energy
AC - 2 or More: 1
AC - Central Elect: 1
Ceiling Fans: 1
Heat - Two or More: 1
Heat Cntrl Electric: 1
Water Heater - Tnkls: 1
Water Heater - Two +: 1
Mstr Bdrm/Mstr Bath
MBath Double Vanity: 1
MBath Garden Tub: 1
MBath Separate Shwr: 1
MBath Tile: 1
MBath Whirlpool: 1
MBed First Floor: 1
MBed Trey Ceiling: 1
MBed Walk-in Closet: 1
MBed Waterfront: 1
Master Bedroom
First: 1
Bedroom
First: 1
Kitchen
First: 1
Living Room
First: 1
Rooms
Bedroom: 1
Garage: 1
Kitchen: 1
Laundry: 1
Living Room: 1
Master Bedroom: 1
Location Tax and Legal
Area: 27 - Bay County
Street #: 247
Street Direction: S
Street Name: Cove Terrace
Street Suffix: Drive
State: FL
Zip Code: 32401
County: Bay
Project Name/Subdivision: COVE TERRACE
Parcel ID: 21647-000-000
Property Features
Construction Status: Construction Complete
Lot Features: Within 1/2 Mile to Water
Zoning: Resid Single Family
Waterfront: Bay
Waterview: Bay
Parking Features: Garage; Garage Attached
Project Facilities: Dock; Pool; Waterfront; Whirlpool
Exterior: Boat Slip; Boathouse; Boatlift; Dock; Fenced Back Yard; Fireplace; Lawn Pump; Pool - Heated; Pool - In-Ground; Porch Screened; Renovated; Sprinkler System; Summer Kitchen; Yard Building
Interior: Breakfast Bar; Built-In Bookcases; Ceiling Beamed; Ceiling Crwn Molding; Ceiling Tray/Cofferd; Ceiling Vaulted; Fireplace; Fireplace 2+; Fireplace Gas; Floor Hardwood; Floor WW Carpet; Kitchen Island; Lighting Recessed; Newly Painted; Pantry; Renovated; Shelving; Washer/Dryer Hookup; Wet Bar; Window Treatment All
Appliances: Dishwasher; Disposal; Dryer; Ice Machine; Microwave; Oven Double; Range Hood; Refrigerator; Security System; Stove/Oven Gas; Washer; Wine Refrigerator
Utilities: Electric; Gas - Natural; Private Well; Public Sewer; Public Water
Energy: AC - 2 or More; AC - Central Elect; Ceiling Fans; Heat - Two or More; Heat Cntrl Electric; Water Heater - Tnkls; Water Heater - Two +
Master Bedroom: First
Bedroom: First
Kitchen: First
Living Room: First
Rooms: Bedroom; Garage; Kitchen; Laundry; Living Room; Master Bedroom
Financing: Conventional
Supplements
A generous green space offers additional room for family games, entertaining and capturing the best views that waterfront living can afford, with no HOA. The outdoor space includes a full bath and climate-controlled bonus room, both adjacent to the pool. An expansive pool deck for large gatherings is perfect! Beyond the mahogany French doors, an open floor plan reveals pure Bay views, tongue and groove ceilings and expansive light-filled living spaces. Rich details throughout including stunning hardwood floors, vaulted ceilings, custom millwork covering the television and a gas fireplace. Meticulously designed window seats and an abundance of windows showing stunning views of the Bay, pool, and dock. The chef-style kitchen has custom cabinetry with a suite of professional grade appliances and a butler's pantry with additional sub-zero refrigerator, dishwasher and more that was designed to be open or closed to your liking. Among the mix of formal and casual spaces, the family room is adjacent to the kitchen and dining room, but all designed to ensure the Bay views are preserved. The main level Master bedroom includes oversized, customized walk-in closets and spa-like en suite, featuring a walk-in shower, soaking tub, dual vanities, and separate water closet room. Four additional bedrooms and three additional bathrooms along with a large mudroom and laundry complete the main level. The lower level of the home offers the greatest entertaining space you've ever seen. This open space includes high ceilings, wet bar complete with a thick honed granite, wine fridge, mini fridge, icemaker and dishwasher and the ability to capture the indoor-outdoor living desired. This level also offers a large bonus room with custom built-in tree houses for the kids, an abundance of storage closets and a private guest room with en suite. A fitness room and safe room/vault also complete the lower level of this home. This waterfront estate offers a whole-home generator ensuring the comfort of its owners and guests as well as a customizable security system, sound system, and lighting system. Notable features of the home include: three-car garage with epoxy flooring and dumbwaiter for storage, hardwood flooring and travertine, custom drapery, custom crown molding, designer lighting and A/C in the attic for maximum climate control and lush landscaping. Poised within proximity to the famed Shell Island and only 7 miles to the emerald waters of the Gulf of Mexico pass, you'll see why the Cove is truly a boater's paradise. This home offers deep water and perfect for your center-console or sportfishing boat. Adjacent to the home is the neighborhood park where friends and neighbors gather as it is the heart of the community. Located just 2 miles from flourishing Downtown Panama City, you're within a short golf cart ride away from enjoying local brews, live music daily, boutique shopping, a farmers market and more. Along with the world's most beautiful beaches just minutes away, world-class dining on the 30A corridor and welcoming Southern hospitality, you'll be ready to call this your home immediately. *Buyer to verify all measurements, if important.*
Room Information
Room Name Level Dimensions Length Width
Master BedroomFirst17.11 x 15.417.1115.40
BedroomFirst13.2 x 10.913.2010.90
BedroomFirst13.2 x 13.413.2013.40
BedroomFirst16.4 x 13.816.4013.80
Living RoomFirst25.9 x 24.625.9024.60
KitchenFirst36.2 x 22.836.2022.80
GarageFirst0 x 00.000.00
LaundryFirst0 x 00.000.00

Listing Office: Corcoran Reverie SRB

Last Updated: October - 24 - 2024

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