$350,000
Fountain, FL 32438
MLS# 790902
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Property Description
Rare opportunity to own 20 usable acres with incredible potential in Fountain, Florida, located approximately 45 minutes from Panama City and directly across from Deep Springs Park. With road frontage and access on three sides, this versatile property offers endless possibilities for those seeking privacy, space, agricultural use, or future development opportunities. The property features a spacious 4-bedroom, 1.5-bath home with approximately 2,500 square feet that is in the final stages of construction. The residence already includes modern tile flooring throughout, a beautifully designed contemporary kitchen, a newly installed septic system, and substantial completed improvements. Remaining work is limited to portions of the roof edges, fascia, exterior siding, and a few final finishing details. The land is equipped with four deep-water wells and is currently being utilized for livestock and gardening, making it ideal for agricultural operations, homesteading, horses, cattle, recreational use, or a private family compound. With no HOA, a recent survey available, and a unique combination of acreage, infrastructure, and flexibility, this property presents an exceptional opportunity for buyers seeking room to grow and create their own vision.
Details
Maps
Contract Info
List Price/Acre: 17500
Status: Active
List Date: 2026-06-04
List Price: $350,000
Current Price: $350,000
Location
Sub Area: 0412 - Bay North - Fountain Area
Community/Resort: None
Waterfront: No
Elementary School: Waller
Middle School: Merritt Brown
High School: Deane Bozeman
Directions: From Panama City, take Hwy 231 North for approximately 35 miles. Turn right onto Bain Rd. Continue on Bain Rd for about 2.5 miles.
Street #: 20235
Street Name: Bain
Area: 04 - Bay County - North
State: FL
Zip Code: 32438
County: Bay
Subdivision: [No Recorded Subdiv]
Parcel ID: 00457-010-000
Legal Description: 5 1N 12W 20AC -30.1- N1/2 OF NW1/4 OF SE1/4 ORB 4523 P 288
General Property Info
Acreage: 20
Lot Size (SqFt): 871200
Lot Dimensions: 660 X 1320
Sub-Type: Residential Lots
Listing Info, Tax & Legal
HOA Fee: No
Is Subject Leased: No
Last Taxes: 881
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: Rare opportunity to own 20 usable acres with incredible potential in Fountain, Florida, located approximately 45 minutes from Panama City and directly across from Deep Springs Park. With road frontage and access on three sides, this versatile property offers endless possibilities for those seeking privacy, space, agricultural use, or future development opportunities.
The property features a spacious 4-bedroom, 1.5-bath home with approximately 2,500 square feet that is in the final stages of construction. The residence already includes modern tile flooring throughout, a beautifully designed contemporary kitchen, a newly installed septic system, and substantial completed improvements. Remaining work is limited to portions of the roof edges, fascia, exterior siding, and a few final finishing details.
The land is equipped with four deep-water wells and is currently being utilized for livestock and gardening, making it ideal for agricultural operations, homesteading, horses, cattle, recreational use, or a private family compound.
With no HOA, a recent survey available, and a unique combination of acreage, infrastructure, and flexibility, this property presents an exceptional opportunity for buyers seeking room to grow and create their own vision.
Financing
Cash: 1
Utilities
Electricity - Connected: 1
Private Well: 1
Septic Tank: 1
Sale Type
As Is: 1
Property Features
Financing: Cash
Sale Type: As Is
Utilities: Electricity - Connected; Private Well; Septic Tank
Listing Office: Home Prime Realty
Last Updated: June - 05 - 2026
Information deemed reliable but not guaranteed.