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$1,590,000

Beds
3
Baths
2.5
sq ft
2,489

1612 Lost Cove Ln, Panama City Beach, FL 32413

1612 Lost Cove Ln

Panama City Beach, FL 32413

  • 54 days on market
Custom built in 2020, this mint-condition Wild Heron home sits on an oversized tree-lined lot backing onto beautiful golf views. A sweeping pavered driveway leads to a two-car garage with attic storage and a grand covered entrance through a beautiful mahogany front door. A pond across the street is a haven for wildlife and ensures an evergreen open view. Indoors, an abundance of natural light showcase the European white oak floors flowing throughout the exceptionally open floor plan, including a designated dining area and a bright sitting area with space for entertaining. Soaring 18-foot nickel gab ceilings and a series of clerestory windows deliver abundant natural light throughout the home. Elsewhere, lofty 10-foot ceilings include tongue-and-groove detail in the master suite. Custom crown molding, deep eight-inch baseboards and column trim provide additional detail while the Sonos whole-home sound system plays your favorite background music in four zones. The chef's kitchen beckons with Shaker-style cabinetry, display shelving, quartzite countertops, and a full range of stainless Bertazzoni appliances, including a French door refrigerator and a drawer microwave. The lengthy 10-foot island is a natural hub for socializing over drinks or chatting with the cook while pots simmer on the six-burner dual-fuel stove. A walk-in pantry and a separate laundry room provide an abundance of storage space. Throw open the French doors and embrace the fresh air and sounds of nature. The 600-sq.-ft. screened porch offers an outdoor area for lounging with an outdoor kitchen boasting a 40" built-in gas grill. Beyond the artistically landscaped yard, mature pines screen peek-a-boo views of the 10th fairway. There's space to add a pool if desired. The split floor plan includes a large master suite and a spa-inspired ensuite with a freestanding soaking tub, a walk-in double shower and a stunning double vanity. A 12x12 custom walk-in closet adds to the feeling of limitless space. Doors from the bedroom open directly onto the porch to start the day with a cup of coffee and serene views. One of the two guest bedrooms has a built-in Murphy bed, making the room extra flexible for multiple uses. The quality and size of this custom-built home make it ideal as a second home or suitable for buyers looking to downsize without sacrificing comfort and space. Golfers will appreciate a short walk or golf cart ride to the driving range and Shark's Tooth Clubhouse. This exclusive community has a fitness center, heated community pool, spa, a fully stocked boathouse, a fire pit and a playground. Ride or cycle along 24 miles of boardwalks connecting with the beach and Lake Powell for boating, fishing, kayaking and watersports. A brand new dock and marina with boat slips allow easy access to Camp Helen State Park, white sandy beaches and the Gulf of Mexico. The new golf course in 2025 will connect Wild Heron with Watersound Origins, likely bringing increased property values. Optional membership to WaterSound Beach Club and the tennis center provides many additional benefits. It's hard to believe that this peaceful nirvana is minutes from 30A shops and restaurants and close to Camp Creek, Rosemary and Alys Beaches amenities. It's surely what dreams are made of. Buyer to verify all data and dimensions. Call today to schedule a showing.

Details

Property type

Single Family Residence

Est. home value

$1,097,045

Lot size

0.42 acres

Price per sq ft

$639

Year built

2020

Monthly HOA fee

$216.67

Price History

09/30/2024
EmeraldCoast

EmeraldCoast #960155

Listed
$1,590,000
+2020%
12/04/2018
CentralPanhandle

CentralPanhandle #665802

Sold
$75,000
-14.29%
02/13/2015
CentralPanhandle

CentralPanhandle #621340

Sold
$87,500

Schools & Community

Elementary school: 

West Bay

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Gated, Pool, Tennis Court(s)

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,086,254
Asking price
$1,590,000
Closing costs (~8% of asking)
-$127,200
Est. remaining loan balance
-$376,546
Cash to seller
$1,086,254

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Peoples National Bank

Loan start date

January 2021

Original loan amount

$412,500

Est. remaining balance

$376,546

Interest rate

2.72%

Loan type

New Conventional, 30 year

Seller

George Alan Chenoweth and Galyn Chenoweth

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/23/2024 at 2:20 AM

Listing updated: 11/14/2024 at 12:17 PM

Listed by: Dana Ford, Dana Ford, Dana Ford, Dana Ford, Dana L Ford, Dana L Ford Ledman, Dana L Ford Ledman, Dana L Ford Ledman, Dana L Ford Ledman, Scenic Sotheby's International Realty Phone #: (850) 231-6052

MLS: EmeraldCoast #960155

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