Waterfall Phase I Homes for Sale

Welcome to Waterfall Phase I, an enchanting subdivision nestled in the heart of Panama City Beach, Florida, within Bay County. This picturesque community boasts a serene atmosphere, making it the perfect haven for families, retirees, and anyone seeking a tranquil coastal lifestyle.

Waterfall Phase I is characterized by its stunning natural surroundings, featuring lush landscapes and beautiful water features that inspire relaxation and a sense of belonging. Residents enjoy a tight-knit community vibe, where friendly neighbors greet each other and children play freely in safe, open spaces. The subdivision is conveniently located just minutes away from the pristine beaches of the Gulf of Mexico, providing easy access to sun-soaked days and breathtaking sunsets.

For those considering a new home, Waterfall Phase I offers a variety of homes for sale, each designed with comfort and style in mind. From charming single-family residences to spacious modern designs, there’s a perfect fit for everyone. These homes often feature contemporary layouts, high-quality finishes, and outdoor spaces ideal for entertaining or simply unwinding after a long day.

Living in Waterfall Phase I means embracing a lifestyle filled with outdoor adventures, including fishing, boating, and exploring the nearby state parks. With top-rated schools, shopping, and dining options just a stone's throw away, this community truly has it all. Discover the charm and convenience of Waterfall Phase I—where your dream home awaits amidst the beauty of Panama City Beach!

Newest Waterfall Phase I Homes for Sale

$350,000

3 Beds ⋅ 3 Baths ⋅ 796025 MLS

Best lot in the community of Waterfall, where comfort meets coastal charm! Sitting on the banks of a sweet community lake, you'll love this location -- close to the beach, eateries, shopping, and great schools -- and right next to a natural conservation area. This thoughtfully designed two-story townhome offers over 2,000sf of livable space with 3 bedrooms and 2.5 baths. The desirable end unit position gives extra windows and light on that entire side of the house. An open concept main level connects the living, dining and kitchen areas with surprising spaciousness enhanced by high ceilings. French doors lead to an open-air patio, fenced backyard, serene community lake, and sunsets over the tranquil nature preserve. You will find the full kitchen has a breakfast bar, lots of cabinets, walk-in pantry, and dining area. A half bath on the main level adds everyday convenience. The oversized 1-car garage has shelving for storage and an extra side-by-side refrigerator so your kitchen one remains easily organized. Moving to the second level you will find a split bedroom floor plan with two of them showing off incredible views over the adjacent forested lands. The large owner's suite overlooks the small lake, has its own bathroom and generous walk-in closet. The two additional bedrooms share a full bathroom with a shower/tub combo and one has a walk-in closet. For added convenience, the laundry room is upstairs by the bedrooms and comes complete with a full-size washer and dryer. The stacked stone accents and covered front entry make for nice curb appeal. Waterfall has a beautiful neighborhood pool in the midst of the woods, underground utilities, and sidewalks so pet friendly. Panama City Beach is a lifestyle that blends relaxation with adventure -- where every day feels a little like vacation with a sense of community. Whether you're looking for a primary residence, second-home getaway, or a long-term rental investment opportunity, this property is what you are looking for. Call today for your private tour!

117 Fossil Falls, Panama City Beach

Listing courtesy of Counts Real Estate Group Inc.

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