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$1,695,000

Beds
5
Baths
4.0
sq ft
2,975

203 George C Wallace Blvd, Panama City Beach, FL 32413

203 George C Wallace Blvd

Panama City Beach, FL 32413

  • 229 days on market
    • Price drop $54,000↓
Stunning new custom built craftsman home overlooking lake also with Gulf Views. Boasting 5 bedrooms, 4 full bathrooms and a private outdoor oasis with private pool, summer kitchen, outdoor sound system, all overlooking a tranquil lake. Loaded with custom touches and luxury upgrades this property will exceed your expectation. Prime rental opportunity this property is ready to start producing rental income.Entering the home you will drawn to the stunning kitchen with custom cabinets, counter to ceiling subway backsplash, stainless appliances and drawer microwave. Adjacent to the kitchen is the dining area and wet bar with built in wine refrigerator. The large Great Room opens to the outdoor living space and overlooks the private pool and lake. Built-in speakers and multi zone Sonos system throughout the entire home create the perfect sound experience. The spacious first floor bedroom, which opens to the outdoor living space and pool, can also serve as an additional Primary Suite. The garage has been converted into and additional bedroom and includes custom built-in bunk beds with a full/twin and a twin/twin configuration. This space is perfect for the kids and a huge hit with rental guests.The second level of the home provides lake and Gulf of Mexico views from the Primary Suite and large balcony. The Primary suites features oversize shower with stunning tile work, large quartz vanity and massive closet. The spacious forth bedroom features a king bed and opens to the balcony with lake and Gulf views. A large full bathroom with garden tub and radius glass shower doors. Bedroom 5 features a queen bed and En suite bathroom with large custom shower, stunning tire work and quartz vanity. The Level 2 Great Room boasts built-in sound system, 75'' TV and queen sleeper sofa.The outdoor living space and pool area is simply spectacular looking the lake and also providing Gulf of Mexico views. The Gazebo and Summer Kitchen is a great place to hang out and features outdoor speakers, gas grill and specialty lighting. The sparkling pool provides view of the lake, Gulf and outdoor TV.

Details

Property type

Single Family Residence

Est. home value

$223,362

Lot size

3,485 sq ft

Price per sq ft

$570

Year built

2024

Annual property taxes

$1,242

HOA

No

Price History

11/01/2024
CentralPanhandle

CentralPanhandle #755182

Price change
$1,695,000
-3.09%
04/03/2024
CentralPanhandle

CentralPanhandle #755182

Listed
$1,749,000
+702.29%
08/05/2022
CentralPanhandle

CentralPanhandle #726968

Sold
$218,000

Schools & Community

Elementary school: 

West Bay

Middle school: 

Surfside

High school: 

Arnold

Seller’s Loan History

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

Lender

Peoplessouth Bank

Loan start date

February 2022

Original loan amount

$112,500

Est. remaining balance

Not provided

Interest rate

3.05%

Loan type

Building or Construction Loan, 1 year

Seller

Maureen Elizabeth Richardson and William Bryan Richardson

Lender

Peoplessouth Bank

Loan start date

December 2020

Original loan amount

$210,000

Est. remaining balance

Not provided

Interest rate

2.84%

Loan type

Purchase Money Mortgage, 1 year

Seller

William Richardson and Maureen Richardson

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: 11/19/2024 at 10:30 AM

Listing updated: 11/01/2024 at 7:09 AM

Listed by: Andrew S Phillips, Beachy Beach Real Estate Phone #: (850) 233-4351

MLS: CentralPanhandle #755182

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