1164 Cove Pointe Drive, Panama City, FL 32401

$2,449,000
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 3,487 Lot Size (sq. ft.): 24,829 Status: Active
Current Price: $2,449,000 List Date: 6/16/2025 Last Modified: 10/29/2025

Description

MOVE-IN READY | NO LEASE-BACK | WATERFRONT MODEL HOME WITH DESIGNER FURNISHINGS The showpiece model everyone remembers is now available for immediate occupancy—no lease-back required. Previously offered with an 18-month delay, this fully furnished Arthur Rutenberg home is ready for its first full-time owner. Positioned on 154 feet of deep-water bayou frontage, this custom-built residence blends timeless elegance with modern functionality in the waterfront community of Cove Pointe. With over 5,000 square feet under roof, the 4-bedroom plus den plus bonus room layout showcases soaring vaulted ceilings with exposed beams, disappearing glass walls, and curated designer finishes throughout.

Supplements: The heart of the home opens to a resort-style outdoor living space featuring a vanishing-edge pool, spa, lanai, cabana, and a fully equipped outdoor kitchen. Additional highlights include a gourmet kitchen with hidden pantry, smart home features, a 3-car garage, and a private Home Delivery Center for secure, contact-free package drop-off. Located in a tranquil bayou setting with direct access to Shell Island and the Gulf, and situated in a low-dues HOA community, this is a rare opportunity to own a turnkey luxury waterfront property without the wait. All information deemed reliable but not guaranteedif important, buyer to verify.

More Information MLS# 978870

Status Change Info

Status: Active

Contract Info

List Date: 2025-06-10 Current Price: $2,449,000 List Price: $2,449,000 List Price/SqFt: 702.32 Listing Board: Emerald Coast

Location Tax and Legal

Area: 27 - Bay County Street #: 1164 Street Name: Cove Pointe Street Suffix: Drive State: FL Zip Code: 32401 County: Bay Project Name/Subdivision: Cove Pointe Parcel ID: 21267-106-000

General Property Info

Sub-Type: Detached Single Family Design: Contemporary Apx SqFt(Htd/Cooled): 3487 SqFt Source: Building Plan Bedrooms: 4 Full Baths: 4 Total Bathrooms: 4 # Stories: 1 Year Built: 2023 Immediate Occupancy: Yes Garage: Yes Carport: No Garage Spaces: 3 Driveway Spaces: 3 Acreage: 0.57 Pool: Yes Pool Type: Private

Waterfront

Waterfront Feet: 154

Property Features

Construction Status: Construction Complete Lot Features: Aerials/Topo Availbl; Covenants; Irregular; Restrictions Zoning: Resid Single Family Waterfront: Bayou; Shore - Natural Waterview: Bayou Parking Features: Garage; Garage Attached Exterior: Hot Tub; Patio Covered; Pool - In-Ground; Sprinkler System; Summer Kitchen Interior: Ceiling Beamed; Ceiling Vaulted; Floor Hardwood; Floor Tile; Floor WW Carpet New; Kitchen Island Appliances: Auto Garage Door Opn; Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Washer Utilities: Gas - Natural; Public Sewer; Public Water; TV Cable; Underground Energy: AC - 2 or More; AC - Central Elect; Ceiling Fans; Double Pane Windows; Heat Cntrl Gas; Water Heater - Gas; Water Heater - Tnkls; Water Heater - Two + Master Bedroom: First Bedroom: First Rooms: Bedroom; Den; Great Room; Master Bedroom Financing: Conventional; FHA; VA

Room Information

Master Bedroom Level: First Dimensions: 19 x 14.11 Length: 19.00 Width: 14.11 Dimensions: 19 x 14.11 Bedroom Level: First Dimensions: 12.4 x 13.4 Length: 12.40 Width: 13.40 Dimensions: 12.4 x 13.4 Bedroom Level: First Dimensions: 13.3 x 13.4 Length: 13.30 Width: 13.40 Dimensions: 13.3 x 13.4 Bedroom Level: First Dimensions: 14 x 19.7 Length: 14.00 Width: 19.70 Dimensions: 14 x 19.7 Den Level: First Dimensions: 14 x 12 Length: 14.00 Width: 12.00 Dimensions: 14 x 12 Great Room Level: First Dimensions: 21.1 x 18.8 Length: 21.10 Width: 18.80 Dimensions: 21.1 x 18.8
Listing Office: Coldwell Banker Realty
Last Updated: October - 29 - 2025
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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