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New construction
  • $499,900

    20235 Bain Rd, Fountain, FL 32438

    4beds
    2,500sqft
    : 
    Single Family Residence
    Built in ----
    20 Acres Lot
    $-- Zestimate®
    $200/sqft
    $-- HOA

    What's special

    Multi-family projectPrivate residenceContemporary kitchenModern tile flooringAgricultural use
    Incredible opportunity for investors! This cleared and usable 20-acre parcel is located just 45 minutes from Panama City, directly across from Deep Springs Park. With road access on three sides, the property offers excellent potential for a private residence, campground, multi-family project, or the construction of additional homes or cabins. The property includes a 4-bedroom, 1.5-bath home in the final stage of construction, offering 2,500 sqft, modern tile flooring throughout, a beautiful contemporary kitchen, and a newly installed septic system. Only minor finishes remain, including portions of the front and back porch roofs, fascia, siding, and one toilet. Property is being sold AS IS. Equipped with 4 deep water wells, the land is ideal for agricultural use and currently supports cows, horses, and a thriving vegetable garden. With no HOA, no restrictions, and a recent survey included, this property is a rare combination of privacy, infrastructure, and future potential—perfect for cash buyers.
    167 days
    |
    464
    |
    28
    |

    Zillow last checked: 8 hours ago

    Listing updated: December 02, 2025 at 03:45am

    Listed by:

    Stephania Ruiz Ojeda 850-517-6428,

    IXL Real Estate Florida

    Source: CPAR,MLS#: 776249MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Bedroom, Primary Bedroom
    Primary bedroom
    • Dimensions: 20 x 12
    Bedroom
    • Dimensions: 12 x 12
    Bedroom
    • Dimensions: 12 x 12
    Bedroom
    • Dimensions: 12 x 8
    Cooling
    • Central Air
    Appliances
    • Included: Electric Range
    Interior area
    • Total structure area: 2,500
    • Total interior livable area: 2,500 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Fencing: Partial
    Lot
    • Size: 20 Acres
    • Dimensions: 660 x 1320
    Details
    • Parcel number: 00457010000
    • Zoning description: Agriculture
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • HardiPlank Type, Wood Frame
    Condition
    • New construction: Yes

    Community & HOA

    Community
    • Features: Short Term Rental Allowed
    • Subdivision: [No Recorded Subdiv]
    HOA
    • Has HOA: No
    Location
    • Region: Fountain

    Financial & listing details

    • Price per square foot: $200/sqft
    • Tax assessed value: $71,430
    • Annual tax amount: $805
    • Date on market: 7/16/2025
    • Cumulative days on market: 170 days
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    $2,582/mo

    Price history

    Price history
    DateEventPrice
    7/16/2025Listed for sale$499,900+524.9%$200/sqft
    Source: CPAR #776249 Report a problem
    1/24/2022Listing removed--
    Source: CPAR #714087 Report a problem
    1/12/2022Pending sale$79,999$32/sqft
    Source: CPAR #714087 Report a problem
    11/22/2021Listed for sale$79,999$32/sqft
    Source: CPAR #714087 Report a problem
    11/1/2021Listing removed--
    Source: CPAR #714087 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$805 +16.9%$60,493 +10%
    2023$689 +60.6%$54,994 +61.3%
    2022$429 $34,096

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $3,088/mo
    Principal & interest
    $2384
    Property taxes
    $529
    Home insurance
    $175

      Climate risks

      Neighborhood: 32438

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Waller
      • Middle: Merritt Brown
      • High: Deane Bozeman

      Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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