Price Reduction - Waterfront

Address

4917 High Point Drive, Panama City, FL

Listing Type

Active

Price

$ 540,000

Property Attributes

MLS#1010789
TypeSingle Family
Listing Status Active
CountyBay
CityPanama City
AreaBay County
NeighborhoodNO RECORDED SUBDIVISION
Zip32404
StyleCabin
Year Built1968
Taxes$ 4851
Price$ 540,000
Bedrooms4
Full Bathrooms2
Half Bathrooms0
Sqr Footage1876
Lot Size0.71 Acres

Data Source:

Emerald Coast MLS (ECAR)

Property Description

Rare waterfront freedom meets elevated design on the peaceful shores of Deerpoint Lake. Situated at 4917 High Point Dr, this exceptional estate spans a rare double lot featuring 160 feet of direct shoreline. The four-bedroom residence has been completely transformed with a refined rustic modern aesthetic--seamlessly pairing rich organic textures, architectural warmth, and clean contemporary finishes. Sun-drenched living areas frame stunning water views, offering an effortless flow designed for both quiet everyday relaxation and high-end entertaining. The expansive grounds deliver unprecedented versatility and long-term value. In addition to the main four-bedroom home, the property showcases a massive pole barn built to accommodate oversized boat storage, RV parking, a custom workshop, or a recreational compound. Crucially, the unique double-lot footprint provides rare strategic potential: keep the entire footprint as an ultra-private waterfront domain, expand your compound, or build and sell a second independent residence for capital gain. Whether you are searching for a private freshwater retreat, a multi-structure sanctuary, or a smart real estate investment with built-in development flexibility on Deerpoint Lake, this Panama City offering stands in a class of its own.

Elementary School	Middle School	High School
Deer Point Elementary School	Merritt Brown Middle School	Mosley High School

Price History
8/28/2026	Listed $560,000
9/4/2026	4$540,000

General Features

Utilities	Electric
Zoning	Resid Single Family
Property Subtype	Detached Single Family
County	Bay
Property Type	Residential
Subdivision Name	NO RECORDED SUBDIVISION
Status	Active
Buyer Financing	Conventional,FHA,VA
Directions	North on Hwy 231, left on Hwy 2321, right on Hwy 2311, road will turn into High Point Rd, after you pass the public boat ramp, look for High Point DRIVE and turn left, home is on left (water side)
High School	Mosley
City	Panama City
MLS Area	27 - Bay County
Lot Size Units	Acres
Lot Size Square Feet	30927.6
Elementary School	Deer Point
Middle/Junior High School	Merritt Brown
MLS Area Minor	2710 - Bay North - West Deerpoint/Southport
Standard Status	Active
Sewer	Septic Tank
View	River
Waterfront Features	River
Cooling	Central Air
Garage Spaces	2
Patio/Porch Features	Deck Open,Patio Open
Architectural Style	Cabin
Construction Materials	Block,Siding Wood
Year Built	1968
Stories Count	1
Tax Year	2025
New Construction	false
Attached Garage	false
Total Rooms	6
Carport Y/N	true
Property Condition	Renovated,Construction Complete
Carport Spaces	2

Interior Features

Total Baths	2
Interior Amenities	Kitchen Island
Flooring	Floor Tile
Air Conditioning Y/N	true

Exterior Features

Lot Features	Within 1/2 Mile to Water
Lot Size Area	0.71
Lot Dimensions	85.0 ft x 205.0 ft
Lot Size Acres	0.71
Waterfront Y/N	true
Exterior Amenities	Dock
Building Area Total	1876
Parking Features	Carport Detached,Detached,Garage Detached,Oversized,RV
Water Source	Well
Total Parking	8
Covered Spaces	2