CORCORAN REVERIE RE-ESTABLISHES THE RECORD FOR HIGHEST PRICED BAYFRONT ESTATE SALE IN PANAMA CITY BEACH
SEAGROVE BEACH, FL (May 31, 2022) – Corcoran Reverie, a high-end real estate brokerage and an affiliate of Corcoran Group LLC, secured the highest sales prices for a Bayfront estate in Panama City Beach, Florida history according to information provided by the Central Panhandle Association of Realtors. Represented by Taylor Buckalew, Lori Buckalew, Hilary Farnum-Fasth, and Jacob Watkins, 3807 Delwood Drive closed at $7.5MM and has been noted as one of the most unique bayfront estates in Panama City Beach, reigning over 200-feet of Bay frontage and 21,000 square feet of thoughtfully designed living space.
“Through the use of effective marketing and strategic negotiation, we are extremely proud of the sale of this Hamptons-style edifice here in Panama City Beach,” said luxury property specialist Lori Buckalew. “This sale is not just one for the record books, but it also epitomizes the luxury real estate market here in Panama City Beach.”
“This home is an architectural masterpiece and sits at the pinnacle of quality, design, build and finishes and sets the bar for luxury waterfront property in Bay County,” said luxury property specialist Taylor Buckalew. “I’m thrilled that a local family gets to call it home and be the first family to occupy the property and so grateful to have been able to represent the sellers.”
Delwood Manor was a three-year collaboration between renowned architect Eric Watson of Tampa, Florida and Northwest Florida’s premier builder, Clifford Myers of Macintosh Myers Construction in Panama City, Florida creating a true architectural masterpiece. This exquisite home features 8-inch maple plank flooring throughout and Indiana Limestone on the exterior. The gourmet chef’s kitchen includes marble countertops and custom cabinetry handcrafted by Morgan Creek in Atlanta, Georgia, and a full package of top-of-the-line appliances. The backyard at Delwood Manor is synonymous with relaxation, complete with a saltwater infinity pool, a private white-sand beach, and room to add a 150-foot dock. Other notable accommodations include a private helicopter pad, a seven-car garage, geothermal heating and cooling system, a whole-home automation system, a state-of-the-art theatre room, commercial-grade generator, and a safe room with dedicated communications.
“This is truly a one-of-a-kind estate and a rare find in Panama City Beach,” said Corcoran Reverie broker/owner, Hilary Farnum-Fasth. “We are thrilled for both the buyers and the sellers and look forward to what this notable sale establishes for the luxury home market in Panama City Beach.”
About Corcoran Reverie
Corcoran Reverie, an affiliate of Corcoran Group LLC – a leading residential real estate brokerage firm headquartered in New York City – is a locally owned high-end brokerage specializing in the luxury home market in Nashville and Northwest Florida from Pensacola to Panama City and the coastal communities along 30A. With a 200+ agent team led by broker and owner Hilary Farnum-Fasth and partner Jacob Watkins and offices in Seagrove, Destin, Panama City, and Nashville, Corcoran Reverie holds the #1 office ranking in Northwest Florida based on closed office sales volume of over $750 million in its first year as a Corcoran affiliate and $1.12 billion in 2021. Throughout the entire network, Corcoran is home to more than 150 offices and 5,500 agents in key urban, suburban, and resort markets nationwide. For more information on Corcoran Reverie, visit corcoranreverie.com.