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Sold for $490,000
  • $490,000

    4738 Cherokee Heights Rd, Panama City, FL 32404

    3beds
    2,147sqft
    Single Family Residence
    Built in 1978
    2.06 Acres Lot
    $490,100 Zestimate®
    $228/sqft
    $2,331 Estimated rent

    Home value

    $490,100

    $466,000 - $520,000

    $2,331/mo

    Zestimate® history
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    $3,192/mo

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    $3,192/mo

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    What's special

    Under Contract Taking Back up offers PRICE REDUCED FOR QUICK SALE! Great Opportunity! If you've ever dreamed of having space and privacy without giving up the convenience of town, this rare 2+ plus-acre property with 3bed 3 bath/2 huge fenced in courtyards for privacy. This brick home is totally fenced with electric/solar gate and is the perfect find. A massive 24 by 65 foot metal building features three large roll-up doors, includes a half bath, and a large screened-in Florida-style pavillion that's perfect for entertaining, projects, or extra storage. It's just ten minutes or less from dining and shopping and about thirty minutes to the beach, offering the peace, space, and freedom of country living right where the action is. You'll love the bonus of seven mature pecan trees that produce an annual harvest, plus the affordability of having your own well and septic already in place while still enjoying the advantage that county water and sewer services are available if you ever prefer to connect. The land feels like your own private compound, fully fenced and gated with a solar electric entrance for both privacy and presence. There's also a 17' by 17' covered parking area, a 12' by 24' workshop with water and electric for your small business or hobby, and an oversized two-car garage with plenty of counter and cabinet space for tools and enough room for , vehicles, or even a boat. When the day's work is done, you can fly across the property on the zip line or unwind in the hot tub just off the main suite's private patio. Two outdoor living areas(Courtyards), each with fire pits, paver patios, and outdoor sinks, make this home an entertainer's dream and a peaceful retreat all in one. Inside, you'll find over 2,100 square feet of well-designed living space. The spacious living room is bright and inviting, filled with natural light and views of the property. The kitchen stands out with granite countertops, stainless steel appliances, a breakfast bar, large walk-in pantry, and a dedicated coffee bar. A formal dining room just off the kitchen offers the perfect spot for family dinners or gatherings with friends. The layout includes two potential master suites, each with double vanities and private baths. The main suite opens directly to the outdoor living area and features a custom double shower, dual sinks, and a large walk-in closet with built-ins. The second suite includes a tiled shower and tub combo, while the third bath is handicap accessible with walk in shower. Fresh interior paint and flooring throughout gives the home a bright and welcoming feel. Every detail of this property shows pride of ownership and thoughtful design. Whether you're looking for space to spread out, room to work, or a property that gives you the freedom to live, work, and play all in one place, 4738 Cherokee Heights Road delivers. Ask your favorite agent to send you the video on this one. This isn't just a home. It's a way of life — peaceful, spacious, and full of possibility.

    Zillow last checked: 7 hours ago

    Listing updated: March 12, 2026 at 02:26pm

    Listed by:

    Kerry J Jackson 850-960-8646,

    LPT Realty LLC,

    Issabella C Marsh 850-730-4118,

    Florida Realty Experts

    Bought with:

    Ethan Bruckner, SL3625033

    Think Real Estate

    Source: CPAR,MLS#: 780567MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Level: First
    • Dimensions: 20 x 14
    Bedroom
    • Level: First
    • Dimensions: 13.5 x 11.5
    Bedroom
    • Level: First
    • Dimensions: 14 x 12
    Dining room
    • Level: First
    • Dimensions: 14 x 11
    Kitchen
    • Level: First
    • Dimensions: 14 x 13
    Living room
    • Level: First
    • Dimensions: 21.5 x 18
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Electric Oven, Electric Range, Electric Water Heater
    Features
    • Flooring: Luxury Vinyl Plank
    Interior area
    • Total structure area: 2,147
    • Total interior livable area: 2,147 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Stories: 1
    • Patio & porch: Open, Porch
    Lot
    • Size: 2.06 Acres
    • Dimensions: 300 x 299
    • Features: Paved
    Details
    • Additional structures: Outbuilding, Poultry Coop, Workshop
    • Parcel number: 05847001000
    • Zoning description: Resid Single Family
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1978

    Utilities & green energy

    • Utilities for property: Electricity Available

    Community & neighborhood

    Community
    • Community features: Short Term Rental Allowed
    Location
    • Region: Panama City
    • Subdivision: No Named Subdivision

    Price history

    DateEventPrice
    3/11/2026Sold$490,000-1.8%$228/sqft
    Source: CPAR #780567 Report a problem
    2/12/2026Pending sale$499,000$232/sqft
    Source: CPAR #780567 Report a problem
    1/24/2026Price change$499,000-15.4%$232/sqft
    Source: CPAR #780567 Report a problem
    12/12/2025Price change$589,900-1.7%$275/sqft
    Source: CPAR #780567 Report a problem
    11/22/2025Price change$599,900-4.6%$279/sqft
    Source: CPAR #780567 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,522 -18.9%$321,182 -6.5%
    2023$4,343 +146.7%$343,595 +83.6%
    2022$1,761 $187,104

    Find assessor info on the county website

    Neighborhood: 32404

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Tommy Smith
    • Middle: Merritt Brown
    • High: Bay

    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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    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $490,100
    2% more
    +$9,802
    With Zillow Showcase(estimated)
    $499,902