In this paper, we propose a novel inverse parameter estimation approach called Bayesian optimized physics-informed neural network (BOPINN). In this study, a PINN solves the partial differential equation (PDE), whereas Bayesian optimization (BO) estimates its parameter. The proposed BOPINN estimates wave velocity associated with wave propagation PDE using a single snapshot observation. An objective function for BO is defined as the mean squared error (MSE) between the surrogate displacement field and snapshot observation. The inverse estimation capability of the proposed approach is tested in three different isotropic media with different wave velocities. From the obtained results, we have observed that BOPINN can accurately estimate wave velocities with lower MSE, even in the presence of noisy conditions. The proposed algorithm shows robust predictions in limited iterations across different runs.