Abigail Davis
Responds Quickly
Corcoran Reverie
(423) 497-0954
62 Total Sales
1 in Callaway
$279,000 Price
502 William Way Panama City, FL 32404
Callaway AreaEstimated Value: $66,000 - $440,169
3
Beds
2.5
Baths
1,704
Sq Ft
$197/Sq Ft
Est. Value
Highlights
- New Construction
- Waterfront
- No HOA
- Gulf View
- Craftsman Architecture
- Balcony
About This Home
As of August 2025CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS This stunning new construction home is a perfect blend of elegance and modern coastal living, offering gulf access for those who dream of life on the water. this home sits on an acre. From the moment you step inside, you'll be captivated by the exquisite finishes, thoughtful design, and impeccable attention to detail throughout. The open-concept layout is bathed in natural light, showcasing luxury. High-end fixtures, and a families dream kitchen with premium appliances and quarts countertops. The bedrooms are well places and are all upstairs so its not to clutter. While the beautifully designed bathrooms feel like a Pinterest design. Outside, enjoy breathtaking sunsets and the tranquil waterfront setting, perfect for boating, kayaking, or simply soaking in the coastal breeze. Every inch of this home has been crafted with love and sophistication, making it a truly exceptional place to call home. Don't miss the opportunity to own this stunning waterfront gem!
Last Agent to Sell the Property
Keller Williams Success Realty License #3561403 Listed on: 05/15/2025
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $449
Year Built
- Built in 2025 | New Construction
Lot Details
- 16,553 Sq Ft Lot
- Lot Dimensions are 135x105
- Waterfront
Parking
- 2 Car Garage
- Garage Door Opener
Home Design
- Craftsman Architecture
- Slab Foundation
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Gulf Views
- Smart Thermostat
- Electric Range
Bedrooms and Bathrooms
- 3 Bedrooms
Schools
- Callaway Elementary School
- Rutherford Middle School
- Rutherford High School
Additional Features
- Balcony
- Central Air
Community Details
- No Home Owners Association
- Shadow Bay Unt 3 & 4 Subdivision
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 15, 2025
Closed on
Aug 6, 2025
Sold by
Bay Front Development Company Inc
Bought by
Seller's Agent
Sabina Balch
Keller Williams Success Realty
Buyer's Agent
Kay Blanchard
Beachy Beach Real Estate
List Price
$423,500
Sold Price
$430,000
Premium/Discount to List
$6,500
1.53%
Views
77
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$85,499
Avg. Annual Appreciation
-20.57%
Original Mortgage
$430,000
Outstanding Balance
$425,827
Interest Rate
6.77%
Mortgage Type
VA
Estimated Equity
-$90,535
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Panama City, FL
-
Abigail Davis
-
Beth Arnold
Beth Arnold
Seashore Realty LLC
(850) 771-7320
40 Total Sales
3 in Callaway
$106K - $862K Price Range
-
Bob Thomas
Bob Thomas
Counts Real Estate Group Inc
(817) 330-6823
21 Total Sales
1 in Callaway
$260,000 Price
-
Matthew Gainer
Matthew Gainer
Responds QuicklyHorsley Real Estate Group
(850) 818-3296
13 Total Sales
1 in Callaway
$299,000 Price
-
Sara Violette
Sara Violette
Responds QuicklyEXP Realty LLC
(850) 818-3063
31 Total Sales
1 in Callaway
$311,000 Price
-
Dennis Nelson
Dennis Nelson
Keller Williams Success Realty
(850) 788-3219
125 Total Sales
13 in Callaway
$23K - $325K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $430,000 | Alpha Title Co Agency |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $430,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/06/2025 08/06/25 | Sold | $430,000 | -0.8% | $252 / Sq Ft |
| 06/26/2025 06/26/25 | Price Changed | $433,500 | +2.4% | $254 / Sq Ft |
| 05/15/2025 05/15/25 | For Sale | $423,500 | -- | $249 / Sq Ft |
Source: Central Panhandle Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $449 | $32,284 | ||
| 2024 | $400 | $29,349 | ||
| 2023 | $400 | $32,000 | $32,000 | $0 |
| 2022 | $338 | $24,255 | $0 | $0 |
| 2021 | $317 | $22,050 | $0 | $0 |
| 2020 | $270 | $20,400 | $20,400 | $0 |
| 2019 | $244 | $18,223 | $18,223 | $0 |
| 2018 | $233 | $18,223 | $0 | $0 |
| 2017 | $237 | $17,890 | $0 | $0 |
| 2016 | $243 | $17,837 | $0 | $0 |
| 2015 | $389 | $27,705 | $0 | $0 |
| 2014 | $387 | $27,568 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Sabina Balch
Seller's Agent in 2025
Sabina Balch
Keller Williams Success Realty
(316) 925-0199
27 Total Sales
-
Kay Blanchard
Buyer's Agent in 2025
Kay Blanchard
Beachy Beach Real Estate
(850) 960-8577
26 Total Sales
Map
Source: Central Panhandle Association of REALTORS®
MLS Number: 773513
APN: 06616-702-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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