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For sale
  • $1,399,000

    131 Legend Lakes Dr, Panama City Beach, FL 32408

    4beds
    4,677sqft
    : 
    $8,890/mo
    Get pre-qualified
    Single Family Residence
    Built in 1993
    0.87 Acres Lot
    $1,294,600 Zestimate®
    $299/sqft
    $275/mo HOA

    What's special

    Custom cabinetryDedicated coffee barWet barGrand foyerScreened porchSoaring high ceilingsStainless appliances
    Tucked behind the gates of Bay Point, a grand Southern, Colonial plantation-style estate set on nearly an acre of manicured grounds has been designed for families to enjoy for generations to come. A stunning, two and a half homesites in total overlooking the 6th green, this home truly impresses! At almost 4,700 square feet and sitting on one of the largest homesites in the community, you'll enjoy .87 acres overlooking a tranquil pond and private pool. A showstopper of acreage, views and privacy, this is a property that earns its reputation before you ever step through the door. The full-width, wrap-around porches and balconies spanning both levels set the tone immediately: this is a home built for living and blends the indoors and outdoors seamlessly. Step through the grand foyer and you'll see a thoughtful design with attention to family gatherings. To the right, a private home office with a full bath and direct access to the wrap-around patio, perfect for the executive who needs a true separation between work and home, or for guests who deserve their own wing. To the left, an extraordinary living room anchors the main level entertaining experience: a room large enough for pool, ping pong and more, including a wet bar and a fireplace, soaring high ceilings, and the energy of a space that has seen it's share of neighborhood family parties! This is the room that becomes part of your family's legend. A wine room positioned across from the formal dining room speaks to the home's commitment to entertaining done properly. The kitchen has been fully renovated and nothing short of spectacular. A built-in banquette for relaxed morning breakfasts. A dedicated coffee bar. A large island with waterfall countertops. Custom cabinetry, stainless appliances, and a layout that opens directly to a cozy living area and a screened porch, keeping the cook in your family connected to the conversation. Every detail here was considered! Step off the screened porch and into a backyard that redefines what outdoor living at the beach looks like. The pool and spa are stunning. They're built for long summer afternoons and evenings that never seem to end. Beyond the 40' pool, nearly an acre of lush, private lawn opens up into something rare in any gated community: space. Room for pickleball, bocce ball, basketball, batting practice, or whatever your family dreams up. And at the edge of it all, your own private dock on the pond overlooking the golf course. Upstairs, the primary suite is a true sanctuary. Spacious, serene, and anchored by a fully appointed en-suite bath with a soaking tub, a tiled walk-in shower, and double vanities. Step through to the full-width wrap-around balcony, your own private morning retreat with coffee in hand and nothing but pond and golf course views of Bay Point. Each of the remaining bedrooms offers its own en-suite bath, giving every member of the household the kind of privacy that keeps families at peace. A flex room at the top of the stairs rounds out the upper level, equally suited as a fitness room, a playroom, a study, or whatever the next chapter of your life requires. This home has been well-maintained and recently had the exterior completely repainted and is stunning from the moment you drive in the gates. Living at Legend Lakes means living inside one of the most coveted communities on the Gulf Coast. Bay Point is golf-cart friendly, gated, and layered with amenities that make every day feel like a vacation you never have to leave. Point South Marina. The Bay Point Golf Club. Neon's Bar 72. The Serenity full-service spa...all on site. And when the beach calls, you are ten minutes from some of the most beautiful white sand and turquoise waters on the Florida Panhandle. Keep your boat at the Point South Marina and never get in your car to hit the water - just a short 2 minute golf cart ride to your vessel! This is the home where your family builds its memories and legends begin.
    70 days
    |
    1,116
    |
    65
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Sostheim Group 850-814-4560,

    Corcoran Reverie

    Source: CPAR,MLS#: 791360MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 4
      Rooms
      • Room types: Breakfast Room/Nook, Bedroom, Dining Room, Family Room, Living Room, Primary Bedroom, Office, Screened Porch, Bonus Room
      Primary bedroom
      • Level: Second
      • Dimensions: 23 x 15
      Bedroom
      • Level: Second
      • Dimensions: 17 x 12
      Bedroom
      • Level: Second
      • Dimensions: 15 x 14
      Bedroom
      • Level: Second
      • Dimensions: 15 x 14
      Breakfast room nook
      • Level: First
      • Dimensions: 10 x 9
      Dining room
      • Level: First
      • Dimensions: 19 x 13
      Family room
      • Level: First
      • Dimensions: 21 x 15
      Living room
      • Level: First
      • Dimensions: 31 x 21
      Office
      • Level: First
      • Dimensions: 16 x 15
      Screened porch
      • Level: First
      • Dimensions: 23 x 12
      Heating
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Electric Oven, Electric Water Heater, Gas Cooktop
      Features
      • Balcony, Double Vanity, Interior Steps, Jetted Tub, Separate Shower, Upper Level Primary, Walk-In Closet(s)
      Interior area
      • Total structure area: 4,677
      • Total interior livable area: 4,677 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Gated
      • Attached garage spaces: 2
      Features
      • Patio & porch: Balcony, Covered, Open, Porch, Screened
      • Exterior features: Dock, Porch
      • Has private pool: Yes
      • Pool features: Gas Heat, In Ground, Private
      • Has spa: Yes
      • Fencing: Full,Fenced
      • Has view: Yes
      • View description: Other, Water
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: Other, See Remarks
      Lot
      • Size: 0.87 Acres
      • Dimensions: 125 x 180
      • Features: Sprinkler System, Paved
      Details
      • Additional structures: Garage(s)
      • Parcel number: 31402732000
      • Zoning description: Resid Single Family
      • Special conditions: Listed As-Is

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Colonial
      • Property subtype: Single Family Residence
      Materials
      • HardiPlank Type
      • Roof: Composition,Shingle
      Condition
      • New construction: No
      • Year built: 1993

      Utilities & green energy

      • Sewer: Public Sewer
      • Utilities for property: Cable Connected, Electricity Available, Underground Utilities

      Community & HOA

      Community
      • Features: Golf, Marina, Playground, Waterfront, Gated
      • Security: Gated with Guard, Gated Community, 24 Hour Security, Security Guard, Security Gate
      • Subdivision: Legend Lakes
      HOA
      • Has HOA: Yes
      • Amenities included: Gated
      • Services included: Association Management, Legal/Accounting, Maintenance Grounds, Playground, Security, Trash
      • HOA fee: $3,300 annually
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $299/sqft
      • Tax assessed value: $1,425,980
      • Annual tax amount: $7,797
      • Date on market: 6/15/2026
      • Cumulative days on market: 54 days
      • Electric utility on property: Yes

        Estimated market value

        $1,294,600

        $1.23M - $1.36M

        $6,092/mo

        Price history

        DateEventPrice
        6/15/2026Listed for sale$1,399,000+16.6%$299/sqft
        Source: CPAR #791360 Report a problem
        3/6/2019Listing removed$1,199,995$257/sqft
        Source: Coldwell Banker Carroll Realty, Inc. #680561 Report a problem
        2/21/2019Listed for sale$1,199,995+34.1%$257/sqft
        Source: Coldwell Banker Carroll Realty #680561 Report a problem
        9/10/2003Sold$895,000$191/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$7,566 +1.4%$651,628 +3%
        2023$7,462 +10%$632,649 +1.9%
        2022$6,782 $620,961
        2021-- --
        2020$6,814 -1.9%$594,551 -0.7%
        2019$6,947 $598,515 +0.3%
        2018$6,947 -1.3%$596,617 +2.1%
        2017$7,035 +1.5%$584,346 +2.1%
        2016$6,933 -2.2%$572,327 +0.2%
        2015$7,089 $571,050 -2.4%
        2014$7,089 $585,058 -0.7%
        2013-- $589,385
        2012-- $589,385 -1.4%
        2011-- $597,681 -0.8%
        2010-- $602,224 -13.2%
        2009-- $694,045 -14.3%
        2008-- $809,442 +3%
        2007-- $785,866 -21.2%
        2006-- $997,118 +14%
        2005-- $874,799 +10.9%
        2004-- $788,814 +60.6%
        2003-- $491,037 +2.4%
        2002-- $479,528 +1.6%
        2001-- $471,976 +3%
        2000-- $458,229
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Upper Grand Lagoon

        Getting around

        5 / 100
        Car-Dependent
        49 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Patronis
        • Middle: Surfside
        • High: Arnold

        Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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