Back 140 Elm Way
Off Market

140 Elm Way

Panama City FL 32404

3
2
3
1120 sq. ft.
226512 sq. ft.
Other
Last sold for $210,000
Dana PanichellaDana Panichella, last sold this property on 23 January 2026 after 59 days on market.

Overview

This three-bedroom, two-full-bath home with wheelchair ramp sits on over five acres of peaceful, private land. It's a dream for outdoor lovers and homesteaders alike, featuring five all-natural ponds stocked with catfish, bream, bluegill, carp, and koi, with no chemicals ever added. The property also showcases a lush orchard paradise, including loquats, mulberries, mayhaws, Japanese pears, apples, peaches, plums, figs, pineapple guavas, Valencia oranges, lemons, satsuma oranges, and cherries, plus blueberry bushes and muscadines for fresh-picked fruit year-round. Rounding out the highlights is a three-stall oversized garage with concrete flooring, ample storage space, ideal for vehicles, workshop, or equipment. A rare combination of country living, abundant water features, and productive fruit trees, this property offers a unique retreat with immense lifestyle and potential. There is an area with RV hook-up to include power and water. A separate build-able lot conveys with purchase 138m Elm Way. Schedule a tour to experience its charm firsthand. Some photos are virtually staged and some of the aerial photos are from when the property was purchased in 2024. A couple of the ponds are low due to the drought we are having this year.

Features

3 bedrooms
2 bathrooms
3 carspaces
3 garage spaces
1120 sq. ft. floor area
226512 sq. ft. lot size
Other

Estimated Value

Based on this property and similar 3 bedroom other properties sold in Panama City over the last 12 months, the estimated median property value of 140 Elm Way is $175.5k.

Median value
$175.5k
Estimated value range
$52k - $520k
Median days on market
56
Estimated value trend
-4%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Panama City. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 140 Elm Way

2026
Sold
$210,000
23 Jan 2026 by Dana Panichella, of American Gold Realty
2024
Sold
$190,000
06 Sep 2024 by Heather Cole, of Keller Williams Realty Emerald Coast
2020
Sold
$110,000
18 Dec 2020 by Gary Dunn, of Portfolio Property Manangement Group LLC DBA Dunn Realty At Panama City

Happy sellers in Panama City

94%
94% of sellers in Panama City reported that their sale price either exceeded or met their price expectations.

Panama City stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 15 reviews in Panama City over the last 12 months.

Local market activity for 3 bedroom other properties in Panama City

In the last 12 months, 43 three-bedroom other properties similar to 140 Elm Way, have been sold.

This represents a 15% decrease in three-bedroom other properties sales when compared to the previous 12 months.

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