42 River Dr, Panacea, FL 32346
Property image
Property image
OFF MARKET

42 River Dr
Panacea, FL 32346

  • 3 Beds
  • 3.5 Baths
  • 2,178 sqft (on 0.42 acres)

$1,128,300

Trulia Estimate
as of Jul 21, 2026
Est. Refi. Payment $7,028/mo*
Refinance Your Home

$1,128,300

Trulia Estimate
as of Jul 21, 2026
Est. Refi. Payment $7,028/mo*
Refinance Your Home
3 Beds
3.5 Baths
2,178 sqft
(on 0.42 acres)

Local Information

  • Map ViewExplore the area around 42 River Dr.
  • Schools2 Preschool Schools3 Elementary Schools3 Middle Schools3 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Description

Welcome home to 42 River Drive - a unique, secluded home that boasts 3BR/3BA and is situated on Ochlockonee Bay! This lush .42 acre promontory has breathtaking views of the Bay and offers a rare opportunity for you to own your own piece of paradise! No expenses were spared in this custom built home. The total area of this features over 7,000 sq ft. (2,178 heated and cooled). The Chef's kitchen is thoughtfully designed with custom soft close cabinets, stainless steel appliances and finely appointed finishes including a custom built boat island with ample storage. The open living room off of the kitchen yields unparalleled views over the Bay, 20' ceilings with transom windows that enhance the natural lighting. Massive master suite with direct access to the screened in back deck to enjoy endless sunsets. Spacious master bathroom that includes a walk-in tile shower with double shower heads, double vanities and utility/laundry room. No need to worry about losing power or hot water with a generac system and endless hot water heater. The exterior of this home features a metal roof, Fence, Outdoor kitchen, Outdoor laundry, Outdoor shower (hot & cold), Hot tub, TWO Large screened in back porches, Screened in storage rooms, Outdoor half bath with hot water, Beach butler, Built in speakers, Dock with rope lighting that has power & water, TWO jet ski lifts, 13,000 lb boat lift, 6,000 lb boat lift, Fish cleaning station, Custom built in rod holders, 500 galloon buried propane tank, TWO storage sheds, TWO tall pole barns and a small beach for the kids to play! Minutes away from waterfront restaurants and beaches!
42 River Dr, Panacea, FL 32346 is a 3 bedroom, 4 bathroom, 2,178 sqft single-family home built in 2020. It last sold for $1,100,000 on Jan 2, 2025 (8% below the $1,200,000 asking price). It is currently off market. The Trulia Estimate is $1,128,300, with a rent estimate of $3,322/month.

Home Highlights

Parking
Open Parking
Outdoor
Porch, Patio, Deck
View
Bay
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 42 River Dr

Interior Features

Interior Details
Number of Rooms: 7Types of Rooms: Primary Bedroom, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 2178 Square Feet
Appliances & Utilities
Appliances: Dryer, Dishwasher, Ice Maker, Microwave, Oven, Range, Refrigerator, WasherDishwasherDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Central,ElectricHas CoolingAir Conditioning: Central Air,Ceiling Fan(s),ElectricHas HeatingHeating Fuel: Central
Fireplace & Spa
No FireplaceHas a Spa
Windows, Doors, Floors & Walls
Flooring: Hardwood
Levels, Entrance, & Accessibility
Floors: Hardwood
View
Has a ViewView: Bay

Exterior Features

Exterior Home Features
Patio / Porch: Covered, Deck, Patio, Porch, ScreenedFencing: FencedExterior: Fully Fenced, Outdoor KitchenNo Private Pool
Parking & Garage
No Attached GarageHas Open ParkingParking: Driveway
Frontage
WaterfrontWaterfront: Bay AccessResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: UnimprovedOn Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 146

Property Information

Year Built
Year Built: 2020
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Craftsman
Building
Construction Materials: Fiber CementNot Attached PropertyDoes Not Include Home Warranty
Property Information
Parcel Number: 12129036S02W03603830000

Price & Status

Price
List Price: $1,200,000
Status Change & Dates
Off Market Date: Mon Nov 25 2024

Active Status

MLS Status: Closed

Location

Direction & Address
City: PanaceaCommunity: River Bend
School Information
Elementary School: MEDARTJr High / Middle School: WAKULLAHigh School: WAKULLA

Building

Building Area
Building Area: 2178 Square Feet

HOA

HOA Fee Includes: NoneHOA Fee Frequency (second): Annually

Lot Information

Lot Area: 0.42 acres

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Conventional, FHA, USDA Loan, VA Loan

Miscellaneous

Mls Number: 378911Living Area Range Units: Square FeetWater ViewWater View: BayAbove Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-12129-N-12129036S02W03603830000-R-N
Last check for updates: about 14 hours ago
Listed by Kayla Palmer, (850) 544-4655
Timber & Tides Real Estate
Bought with: Anna P Smith, (850) 510-5775, Rybak Realty, LLC
Source: TBR, MLS#378911

Price History for 42 River Dr

DatePriceEventSource
01/02/2025$1,100,000Sold
TBR #378911
11/26/2024$1,200,000ContingentTBR #378911
11/11/2024$1,200,000Listed For SaleTBR #378911
11/11/2024$1,300,000ListingRemovedTBR #377976
10/11/2024$1,300,000Listed For SaleTBR #377976
09/30/2024$1,300,000ListingRemovedTBR #375240
08/29/2024$1,300,000ContingentTBR #375240
07/24/2024$1,300,000PriceChange
TBR #375240
07/02/2024$1,500,000Listed For SaleTBR #374292
03/24/2016$300,000Sold
TBR #258482
01/19/2016$319,000PendingAgent Provided
12/04/2015$319,000PriceChange
Agent Provided
06/16/2015$329,000Listed For SaleAgent Provided
07/01/2011$250,000Sold
N/A
03/12/2011$349,000Listed For SaleAgent Provided
08/01/2000$230,000Sold
N/A

Market trends in Panacea

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
66
8MoM
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Property Tax and Assessment

Year2025
Tax$9,378
Assessment$976,117
Home facts updated by county records

Comparable Sales for 42 River Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
100 River Dr, Panacea, FL
0.17
Single-Family Home
$510,000
03/13/26
2
2
1,230
88 Driftwood Dr, Panacea, FL
0.68
Single-Family Home
$750,000
07/02/26
3
2
1,854
14 Knotty Pine St, Panacea, FL
0.35
Single-Family Home
$334,000
02/20/26
2
2
1,040
26 Riverview Rd, Panacea, FL
0.92
Single-Family Home
$299,900
07/24/25
3
2
1,560
2239 Surf Rd, Panacea, FL
1.16
Single-Family Home
$306,500
09/05/25
3
2
1,969
21 Saint James St, Panacea, FL
0.59
Single-Family Home
$290,000
11/13/25
3
1
1,334
21 Shoreline Dr, Panacea, FL
1.08
Single-Family Home
$450,000
06/22/26
3
2
1,517
2413 Surf Rd, Panacea, FL
1.75
Single-Family Home
$500,000
05/01/26
2
2
1,600

Nearby homes

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Assigned Schools

These are the assigned schools for 42 River Dr.
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The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Panacea

At least 8 Trulia users voted on each feature.

  • 88 % Say yards are well-kept

  • 83 % Say there's wildlife

  • 78 % Say car is needed

  • 75 % Say it's dog friendly

  • 75 % Say it's quiet

  • 73 % Say parking is easy

  • 64 % Say there's holiday spirit

  • 58 % Say neighbors are friendly

  • 50 % Say people would walk alone at night

  • 44 % Say kids play outside

  • 43 % Say they plan to stay for at least 5 years

  • 40 % Say there are community events

  • 27 % Say streets are well-lit

  • 20 % Say it's walkable to restaurants

  • 18 % Say there are sidewalks

  • 18 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Ronald Rueth
    "I like it because fishing is only 2 minutes away I like it because it is out in the country and life is just at the pace for my life . It’s just close enough to the city to commute for work and family outings but far enough away to keep most of the crime down "
    0
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  • Rachel Frank
    "Ok stay away from to be in body in life anywhere but here would be great stay way from drugs and stay in school "
    0
    Flag
  • Jewels20045
    "We only have two Blue crab festival and Christmas parade We have nothing here for a grocery stores d the few stores we do have have nothing to offer"
    0
    Flag
  • Jewels20045
    "Everything you can have as many as you want and no one says anything about it so go out and get as many as you want np at all"
    0
    Flag
  • Greg R.
    "A few Festivals throughout the year. Fishing and Crabing hotspots. Boat launch and Marinas. Oyster bars and summer celebrations "
    3
    Flag
  • Angel.powell999
    "It’s okay to live here I guess. Only place buy food is the Dollar General... got to find the right neighborhood because some people are known to do drugs. My neighborhood is great with good people. You just gotta look for the right place for you."
    13
    Flag
  • Trulia User
    "I lived in the area from 1998-2016 and still visit frequently to spend time with family. It’s a nice rural/coastal community where folks are quick to smile, and happy to help ! The schools are good, and I didn’t experience any crime while living there."
    5
    Flag
  • tidesoutfarm
    "I own a small second home in the area. If you are a person interested in quiet, nature, outdoor activities, etc. Then this is the place for you. If you are interested in nightlife, fine dining, and city living, don't bother. There are restaurants in the area that have good seafood but some are overpriced and others are just filling. Be prepared to cook for yourself. The fast food franchises are a good 15-20 miles away. There are farmers markets, lots of diverse entertainment and festivals going on almost every weekend. Something for almost everyone who can think outside the box. "
    1
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