
Land with Home for Sale in Fountain, Florida
20235 Bain Rd, Fountain, FL 32438
Excellent investment opportunity! This 20-acre cleared and functional parcel is located approximately 45 minutes north of Panama City, positioned directly across from Deep Springs Park. With road frontage on three sides, the property offers tremendous flexibility for a variety of uses such as a private homestead, recreational retreat, campground, multi-family development, or the addition of multiple homes or cabins. The property features a partially completed 4-bedroom, 1.5-bath residence with approximately 2,500 square feet of living space. The home is in the final phase of construction and already includes modern tile flooring throughout, a stylish contemporary kitchen, and a newly installed septic system. Remaining work is minimal and includes finishing sections of the front and rear porch roofs, fascia, exterior siding, and installation of one toilet. The property is being sold AS IS. The land is well-equipped with four deep water wells, making it well suited for agricultural use. The property currently supports livestock such as cows and horses, along with an established vegetable garden. With no HOA, no known restrictions, and a recent survey available, this property offers a rare blend of space, infrastructure, and development potential--an excellent option for cash buyers seeking land with versatility and long-term value. All information provided is deemed reliable but is not guaranteed and should be independently verified by the buyer.
Location
- Street address
- 20235 Bain Rd
- County
- Bay County
- Elevation
- 184 feet
Directions
From Panama City, travel north on Highway 231 for approximately 35 miles. Turn right onto Bain Road and continue for about 2.5 miles. The property will be located on the left, directly behind Deep Springs Park.
Property details
- Acreage
- 20 acres
- Zoning
- Agriculture, Resid Single
- MLS #
- ECARMLS 997956
- Posted
Property taxes
- 2025
- $881
Parcels
- 00457-010-000
Legal description
5 1N 12W 20AC -30.1- N1/2 OF NW1/4 OF SE1/4 ORB 4523 P 288
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
Lot
- Features
- Cleared, Level
Structure
- Style
- Ranch
- Stories
- 1
- Water
- Well
- Sewer
- Septic Tank
- Heating
- Central
- Cooling
- Central Air
Interior
- Room Count
- 6
- Rooms
- Bathroom x 2, Bedroom x 4, Family Room
Nearby schools
| Name | Type |
|---|---|
| Waller | Elementary |
| Merritt Brown | Middle |
| Deane Bozeman | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Mar 13, 2026 | New listing | $399,900 | — | ECARMLS |