Panama City Homes with Lake Waterfront Features

Welcome to Panama City, Florida—a hidden gem nestled along the stunning shores of the Gulf of Mexico. Known for its warm, inviting climate and beautiful landscapes, Panama City is a vibrant coastal city that offers a unique blend of small-town charm and modern amenities. With its rich history, diverse culture, and an array of recreational activities, it’s no wonder that residents and visitors alike fall in love with this picturesque locale.

One of the standout features of Panama City is its breathtaking waterfront properties. Imagine waking up each morning to the soothing sights and sounds of the water right outside your window. Homes with lake waterfront features are increasingly sought after in this area, offering a serene escape from the hustle and bustle of everyday life. Whether you’re looking for a cozy cottage or a sprawling estate, these properties provide unparalleled access to nature and outdoor activities. Enjoy kayaking, fishing, or simply relaxing on your private dock as you soak in the stunning views of the lake.

The community is also known for its friendly atmosphere and strong sense of belonging. With excellent schools, vibrant local businesses, and a plethora of parks and recreational facilities, Panama City is an ideal place for families, retirees, and anyone looking to enjoy a peaceful lifestyle by the water.

Explore the charm of Panama City and discover the perfect lakefront home that meets your needs and dreams. Your waterfront oasis awaits!

Newest Panama City Homes with Lake Waterfront Features

$449,999

4 Beds ⋅ 2 Baths ⋅ 795124 MLS

Welcome to 103 Arlington Drive, a beautifully updated waterfront home offering approximately 2,745 square feet, 4 bedrooms, 2 bathrooms, multiple living areas, and peaceful views of Lake Martin. The versatile split-bedroom floor plan places the water-view primary suite on its own wing, while the additional bedrooms and bath are located on the opposite side of the home. From the moment you enter, your view carries through the spacious living area and expansive Florida room to the backyard and lake beyond. The home offers plenty of room to gather, including a large dining room, family room with fireplace, and an updated kitchen featuring quartz countertops, stainless steel appliances, custom cabinetry, LED lighting, and an Instahot system. The oversized Florida room provides another exceptional living and entertaining space while taking full advantage of the backyard and water views. Since purchasing in 2022, the sellers have continued to improve the property with hurricane-impact windows and sliders throughout the main home, a new water heater, fresh interior paint, a complete hall bath plumbing upgrade, chimney cleaning and upgrades with a new cap, an A/C air scrubber, gutter leaf-filter screens, regrouted kitchen and family room floors, motion security lighting, and custom closet inserts in the primary and additional bedrooms. Outside, the approximately 0.26-acre property offers generous parking and space for a boat, RV, and guests, plus a detached 27x16 shop with 220V power and an additional 15x12 shop, providing excellent storage, workshop, or hobby space. With its combination of waterfront views, substantial square footage, multiple living spaces, extensive improvements, and convenient access to shopping, dining, schools, and Tyndall Air Force Base, 103 Arlington Drive offers a rare amount of space and versatility inside and out.

103 Arlington Drive, Panama City

Listing courtesy of Real Broker LLC.

$194,500

795118 MLS

Embrace the charm of country living on the tranquil shores of Deer Point Lake, where the delights of nature, the joy of fishing, and the simple pleasures of front porch swings and sunny summer days create an inviting retreat for your future home. Here, life moves at a more relaxed pace, offering the perfect setting to build the home you've always envisioned. Surrounded by nature's beauty, the exceptional community of Cedar Creek at Deerpoint Lake blends peaceful living with modern comforts. Enjoy exclusive amenities designed for both relaxation and recreation, including a spacious pavilion ideal for picnics and gatherings, an outdoor fireplace, and a large swimming pool adjacent to a playground for the outdoor enjoyment of the kids. The beautifully appointed clubhouse provides a welcoming space for private events, celebrations, or quiet evenings by the open firepit. Whether you're unwinding under the stars, exploring the natural surroundings, or enjoying the convenience of well-planned community spaces, Cedar Creek at Deer Point Lake offers the perfect balance of nature and comfort--ready to be called home.

9732 Summer Creek Drive, Panama City

Listing courtesy of Seashore Realty LLC.

$399,900

3 Beds ⋅ 3 Baths ⋅ 794902 MLS

Welcome to this stunning custom built 3 bedroom, 2.5 bath home offering 1,696 square feet of thoughtfully designed living space with peaceful pond views. From the moment you arrive, the modern farmhouse exterior, board and batten siding, warm wood accents, and inviting entry set this home apart. Inside, you'll find an open concept layout filled with natural light and upscale finishes throughout. The beautiful kitchen features quartz countertops, custom cabinetry, a large center island, stylish pendant lighting, tile backsplash, and designer hardware perfect for both everyday living and entertaining. One of the home's standout features is the custom walk-in pantry, complete with built-in shelving, cabinetry, countertop workspace, and plenty of storage. The primary suite continues the custom feel with a spa inspired bathroom featuring a double vanity, freestanding soaking tub, oversized tiled walk-in shower, frameless glass enclosure, and modern black fixtures. With 3 bedrooms, 2.5 baths, a two car garage, custom finishes, and a pond front setting, 7314 Rachel Way combines modern style, functionality, and peaceful waterfront living in one beautiful package. Brand new construction without the cookie cutter feel this one needs to be seen in person.

7314 Rachel Way, Panama City

Listing courtesy of CENTURY 21 Commander Realty.

$245,000

3 Beds ⋅ 2 Baths ⋅ 794893 MLS

Enjoy resort living in this never-rented condo at Laketown Wharf, a spacious 2 bedroom, 2 bath condo with a bunk nook offering 1,262 square feet of comfortable coastal living with lake view just steps from the Gulf of Mexico. A rare find in this resort community, this unit is well-maintained and ideal as a primary residence, second home, or future vacation rental. The open floor plan features a large living area, full kitchen, and private balcony, while the bunk nook provides additional sleeping space for guests. Laketown Wharf is known for its incredible resort-style amenities including five pools, hot tubs, fitness center, lakefront boardwalk, and the nightly fountain and light show. Owners and guests enjoy onsite dining, shops, and entertainment including Juan Taco, PCB Pizza & Wings, Sunshine Bar & Grill, The Wharf Seafood Buffet, Candymaker Ice Cream Shop, Laketown Market, and 810 Billiards & Bowling featuring bowling lanes, arcade games, billiards, and more. Located just across the street from the beach and within walking distance to Pineapple Willy's and local attractions, this property offers the ultimate Panama City Beach lifestyle.

9902 S Thomas Drive Unit 732, Panama City

Listing courtesy of Douglas Eliman 30A.

$320,000

3 Beds ⋅ 2 Baths ⋅ 794409 MLS

Enjoy peaceful pond front living from this 3 bedroom 2 bath home built in 2018, perfectly positioned to take advantage of tranquil water views and frequent visits from the neighborhood ducks. The screened-in back porch provides the perfect spot to relax and enjoy the scenery. Inside, a thoughtfully designed floor plan sets this home apart, offering a dedicated office, dining area, spacious living room, and an electric fireplace that creates a cozy focal point. The split-bedroom layout provides added privacy, while the two-car garage offers plenty of room for parking and storage. Residents can also enjoy access to the neighborhood community pool, adding another great option for relaxing and enjoying the Florida lifestyle. The convenient location puts you close to some of the area's newest shopping, dining, and everyday conveniences, including the growing Lindsay's Crossing area, with close proximity to North Bay Haven Charter Academy. With its pond views, screened in porch, versatile floor plan, and convenient location, this home offers a wonderful opportunity to make it your own in an established and growing area of Panama City.

132 N Shoreview Drive, Panama City

Listing courtesy of Foundation Real Estate Agency LLC.

$204,900

3 Beds ⋅ 3 Baths ⋅ 794311 MLS

WATERFRONT LIVING at an exceptional value! This spacious 3-bedroom, 2.5-bath townhome offers over 1,700 square feet of comfortable living space with beautiful water views and a convenient location close to Tyndall Air Force Base, shopping, dining, and schools. The main level features an open and inviting floor plan with generous living and dining areas, abundant natural light, and easy access to the waterfront patio--perfect for morning coffee, evening sunsets, or entertaining guests. The kitchen offers new cabinetry and counter tops with ample cabinet and counter space, making meal preparation and hosting a breeze. The main floor spacious primary suite provides a private retreat with water views, while two additional bedrooms offer flexibility for family, guests, or a home office. With 2.5 bathrooms and plenty of storage throughout, this home combines comfort, functionality, and low-maintenance living. Whether you're searching for a primary residence, second home, or investment opportunity, this waterfront property delivers outstanding value in a desirable location. Enjoy peaceful views, a spacious layout, and easy access to everything Panama City has to offer. Schedule your private showing today!

1824 Mallard Drive Unit B, Panama City

Listing courtesy of Counts Real Estate Group Inc.

$250,000

1 Beds ⋅ 2 Baths ⋅ 794242 MLS

Enjoy easy first-floor living and skip the elevator waits in this inviting 1-bedroom, 2-bath condo at Laketown Wharf Resort. Featuring peaceful lake views, no carpet throughout, bunk rooms allowing up to 7 occupants/guests. This unit feels bright, coastal, and ready for its next owner to love. The spacious layout offers plenty of room to relax after a day at the beach, while two full bathrooms provide added convenience for owners and guests. The bunk room has an added barn door allowing the kids to have a zone away from the open living space. Step outside and enjoy the beautiful lakefront setting, nightly fountain light show at eye level, and private boardwalk surrounding the lake. Laketown Wharf offers an impressive collection of resort-style amenities, including five pools, two hot tubs, a Gulf-view fitness center, putting green, and multiple onsite restaurants. The resort is also home to 810 Billiards & Bowling, featuring bowling, billiards, arcade games, and axe throwing for rainy-day entertainment. Whether you are searching for a personal coastal getaway or an investment-ready vacation rental, this first-floor condo offers the perfect combination of convenience, amenities, and location near the white sands and emerald waters of Panama City Beach. New memories and new stories are waiting to be created here!

9860 S Thomas Drive Unit 119, Panama City

Listing courtesy of Beachy Beach Real Estate.

$115,000

793854 MLS

Welcome to 4408 Bayou Oaks drive, the last remaining waterfront lot left in the exclusive Bayou Oaks gated community. with just over half an acre, this lot provides the perfect canvas to design and build you're dream waterfront home. Whether you're an avid boater, fisherman, or simply appreciate the beauty of nature, Deer Point lake offers endless recreational possibilities right in your backyard. Spend your days, out on the boat fishing for trophy bass, Water-skiing, kayaking or taking in the sun while relaxing on your dock. Conveniently located just 15 minutes from Panama City proper, you can relish in the peace and tranquility that lakeside living offers while still being in reach of all the modern conveniences, dining, shopping and entertainment options. Don't miss this opportunity to own the last waterfront lot in this coveted gated community on Deer Point lake.

4408 Bayou Oaks Drive, Panama City

Listing courtesy of Think Real Estate.

$350,000

5 Beds ⋅ 3 Baths ⋅ 792672 MLS

Welcome to Barrett Park, where space, comfort, and convenience come together. This 5-bedroom, 2.5-bath home offers over 2,700 square feet of living space, making it ideal for growing families, multi-generational living, or anyone needing room to spread out. Situated on a spacious lot with no rear neighbors, you'll enjoy added privacy and a large backyard perfect for entertaining, kids, pets, or even adding your dream outdoor living space. Located just minutes from shopping, restaurants, schools, medical facilities, and everyday conveniences, Barrett Park also offers an easy commute to Tyndall Air Force Base and is approximately 30 minutes from the white-sand beaches and world-famous attractions of Panama City Beach. Whether you're looking for extra bedrooms, dedicated office space, or simply a home that offers room to grow, this property checks all the boxes while keeping you close to everything Bay County has to offer.

7125 Riverbrooke Street, Panama City

Listing courtesy of Dalton Wade Inc.

$414,999

3 Beds ⋅ 2 Baths ⋅ 792171 MLS

Experience the best of lakeside living on beautiful Lake Marin! This well-maintained 3 bedroom, 2 bath home features a desirable split floor plan designed for both comfort and privacy. The spacious living and dining areas flow seamlessly into a large family room, where expansive lake views create the perfect backdrop for everyday living. Step outside to your private backyard oasis and unwind on the patio. Ideal for grilling, entertaining, or simply soaking in breathtaking sunset views over the water. Enjoy endless outdoor recreation with fishing, kayaking, and paddle boarding right from your own backyard. Conveniently located near shopping, dining, schools, and medical facilities, this home offers the perfect combination of peaceful waterfront living and everyday convenience. This Lake Marin home is one you won't want to miss! *The Seller shall provide the Buyer with a credit of $3,500.00 at closing to be applied toward the purchase of appliances.*

220 Lakeridge Drive, Panama City

Listing courtesy of Coldwell Banker Realty.

$969,000

6 Beds ⋅ 4 Baths ⋅ 791960 MLS

ASSUMABLE LOAN AVAILABLE WITH AN INCREDIBLE 2.25% INTEREST RATE!* Rarely does a property offer this much space, privacy, and waterfront lifestyle in one package. Set on 1.14 acres with approximately 110 feet of frontage along the crystal-clear waters of Lake Merial, 147 Lake Merial Shores is a 4,182-square-foot waterfront retreat designed for those who believe home should be the gathering place for every holiday, celebration, and family milestone. Featuring six bedrooms, a bonus room, three-car garage and expansive indoor and outdoor living spaces, this remarkable estate is where unforgettable lake memories are made. From the moment you enter, soaring ceilings and beautiful hardwood flooring create an impressive first impression. To the left of the foyer, a stunning floor-to-ceiling custom library provides the perfect setting for a private office, reading retreat, or study. The private library showcases a custom rolling ladder that glides effortlessly along the entire room. Formal living and dining spaces offer flexibility for gatherings, while a dedicated dining room area with a private bar creates an inviting atmosphere for hosting family celebrations and holiday dinners. The grand living room serves as the heart of the home, featuring dramatic 18-foot ceilings and expansive windows that frame picturesque views of the lake beyond. A beautiful wood burning fireplace creates a warm focal point, flanked by custom built-in cabinetry that provides both elegant display space and functional storage while enhancing the room's timeless character. The well-appointed kitchen offers abundant cabinetry and storage throughout, including an extended custom storage area adjacent to the eat-in kitchen space. A conveniently located half bath near the kitchen enhances the home's thoughtful design and provides added comfort for guests during gatherings and special occasions. The spacious primary suite is located on the first floor, creating a private retreat separate from the additional bedrooms. Upstairs, you'll find five generously sized bedrooms, two full bathrooms, and a massive bonus room large enough to serve as a home theater, game room, fitness area, or recreation space large enough for a pool table. Step outside and experience the true beauty of Lake Merial living. Outdoor living takes center stage with a covered back patio and an expansive paver terrace designed for entertaining and relaxation. A private paver pathway meanders through the backyard to the lakefront, creating a seamless connection to the waterfront lifestyle. Whether you're launching a kayak, casting a line, or enjoying a sunset cruise, Lake Merial becomes an extension of your backyard. The meticulously maintained grounds create a park-like setting, offering plenty of space for outdoor entertaining, backyard barbecues, family gatherings, and making memories with friends and neighbors. Imagine spending Independence Day watching fireworks illuminate the lake, enjoying golf cart rides through the neighborhood, and ending the evening gathered around the water with family. Lake Merial is one of Bay County's most sought-after waterfront communities, centered around a beautiful 300-acre spring-fed lake known for its clear waters and year-round recreational opportunities. Residents enjoy community events, walking trails, green spaces, and food truck nights. Defined by its scale, waterfront setting, and enduring craftsmanship, this home stands as a distinguished Lake Merial residence, offering the space, privacy, and versatility to accommodate generations while creating an exceptional backdrop for everyday living. As one of only a handful of homes of this size situated directly on the water within Lake Merial, this remarkable property represents a rare opportunity to own one of the community's most significant waterfront estates.

147 Lake Merial Shores Drive, Panama City

Listing courtesy of ERA Neubauer Real Estate, Inc.

$759,900

4 Beds ⋅ 3 Baths ⋅ 791844 MLS

Welcome to your custom waterfront retreat on the shores of Deer Point Lake, where comfort, style, and stunning views come together with no HOA. This beautifully designed 4 bedroom, 3 bath home offers the perfect blend of luxury and functionality. From the moment you step inside, you are greeted by soaring beamed ceilings in the living room, creating a warm yet impressive gathering space filled with natural light. Just off the entry, a spacious home office sits behind a custom barn door, ideal for remote work or a quiet flex space. Across the hall, the formal dining room showcases a striking wood ceiling and detailed molding, adding charm and character. The heart of the home is the open concept kitchen, featuring a custom copper farmhouse sink, modern cabinetry, stone backsplash, and a large breakfast bar perfect for family and entertaining. Flowing seamlessly into the living area, you will find built in bookshelves, an electric fireplace, and beautiful views of the oversized screened porch and lake beyond. Designed with a split floor plan, one side of the home offers three oversized bedrooms and two full baths, providing comfort and privacy for family or guests. On the opposite side, the spacious primary suite serves as a true retreat, complete with room for a sitting area, a spa like bathroom with dual shower heads, soaking tub, walk in closet, and private patio access with breathtaking lake views. Outside is where this home truly shines. Relax on the large screened porch, sip your morning coffee overlooking the water, or head down to the brand new dock for easy access to everything Deer Point Lake has to offer. Thoughtfully designed inside and out, this exceptional lakefront home offers peaceful waterfront living in Panama City with space to grow, entertain, and make lifelong memories.

6319 Oak Knoll Road, Panama City

Listing courtesy of Simply South Realty.

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