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Sold for $1,879,000
  • $1,879,000

    1507 Trout Ln, Panama City Beach, FL 32408

    4beds
    3,875sqft
    Single Family Residence
    Built in 2001
    9,583 Square Feet Lot
    $1,864,100 Zestimate®
    $485/sqft
    $5,041 Estimated rent

    Home value

    $1,864,100

    $1.70M - $2.05M

    $5,041/mo

    Zestimate® history
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    What's special

    Large islandThree-and-a-half bathsFour bedroomsAbundant natural lightWaterfall-edge quartz countertopsWide-plank white oak floorsSoftly lit spillway
    CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Set along a quiet canal with direct access to the bay, 1507 Trout Lane is a thoughtfully redesigned waterfront residence located within the gated Bay Point community. Completed in September 2023 after a 14-month renovation, this home was rebuilt from the ground up with longevity, comfort, and understated luxury in mind, creating a true forever home. Spanning 3,875 square feet, the residence offers four bedrooms, three-and-a-half baths, a sound-insulated office, and a dedicated movie room, providing a flexible layout for both daily living and entertaining. Vaulted ceilings, abundant natural light, and 8-foot doors throughout create an open, welcoming atmosphere, while wide-plank white oak floors and custom cabinetry bring warmth and continuity to every space. The kitchen serves as the heart of the home, designed for both function and gathering. A large island is complemented by waterfall-edge quartz countertops and a full Viking appliance suite - including a 48'' dual-oven range, French-door wall oven, professional ventilation, and beverage/wine refrigeration - perfect for casual meals or celebrations. The adjoining living area is anchored by a 52-inch Bellingham fireplace with cooling-wall technology, providing ambiance without compromising layout or comfort. The primary suite is a restorative private retreat, featuring a spa-inspired bath with a granite composite soaking tub, seamless glass shower with thermostatic controls and body sprays, custom cabinetry, and a dedicated Rinnai tankless water heater for consistent, on-demand hot water. Outdoors, the home was designed to feel just as intentional as the interior - clean, modern, and easy to enjoy year-round. Smooth sanded stucco, impact-rated windows and doors, and thoughtfully placed lighting give the exterior a timeless coastal presence, while paver walkways and lush landscaping create a setting that feels polished without being high maintenance. The backyard functions as a true extension of the home. A rebuilt saltwater pool and spa set the stage for relaxed afternoons and evenings, with a softly lit spillway and seamless wireless controls that make entertaining effortless. Whether you're hosting friends, enjoying a quiet swim, or unwinding at the end of the day, the space feels private, comfortable, and inviting. Just beyond the pool, the upgraded dock offers easy access to the bay - perfect for spontaneous boat days or peaceful mornings watching dolphins move through the canal. With composite decking, lighting, water, and power already in place, the waterfront lifestyle is always within reach. Additional highlights include a 2.5-car garage with a dedicated golf cart bay, a buried propane tank supplying the range, fireplace, and water heater, upgraded HVAC systems, WiFi-enabled garage doors, modern aluminum and composite fencing, LED landscape lighting, and a full ADT security system with cameras. Bay Point residents enjoy 24-hour security, championship golf, marina access, tennis facilities, dining options, and a private, established setting while remaining close to Panama City Beach's beaches, dining, and conveniences. Furniture is negotiable.

    Zillow last checked:

    Listing updated:

    Listed by:

    Craig Duran 850-290-0417,

    Berkshire Hathaway HomeServices Beach Properties of Florida

    Bought with:

    Mary A Richards

    Compass Florida, LLC

    Source: CPAR,MLS#: 783640MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Bedroom, Den, Garage, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Bonus Room
    Primary bedroom
    • Level: First
    • Dimensions: 14.5 x 23
    Bedroom
    • Level: Second
    • Dimensions: 13 x 10
    Bedroom
    • Level: Second
    • Dimensions: 12 x 13
    Bedroom
    • Level: Second
    • Dimensions: 11 x 15
    Primary bathroom
    • Level: First
    • Dimensions: 13 x 10
    Den
    • Level: First
    • Dimensions: 21 x 20
    Garage
    • Level: First
    • Dimensions: 20 x 25
    Kitchen
    • Level: First
    • Dimensions: 12 x 23
    Living room
    • Level: Second
    • Dimensions: 42 x 16
    Heating
    • Central, Electric, Fireplace(s)
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Water Heater, Gas Range, Propane Cooktop, Tankless Water Heater
    Features
    • Interior Steps
    • Has fireplace: Yes
    • Fireplace features: Gas
    Interior area
    • Total structure area: 3,875
    • Total interior livable area: 3,875 sqft

    Property

    Parking
    • Total spaces: 2.5
    • Parking features: Circular Driveway, Garage, Garage Door Opener, Paved, Gated
    • Garage spaces: 2.5
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Deck
    • Exterior features: Deck, Dock
    • Has private pool: Yes
    • Pool features: Gunite, In Ground, Private
    • Fencing: Fenced,Privacy
    • Has view: Yes
    • View description: Canal
    • Has water view: Yes
    • Water view: Canal
    • Waterfront features: Canal Access, Seawall
    • Frontage length: 80
    Lot
    • Size: 9,583 Square Feet
    • Dimensions: 89 x 125 x 70 x 125
    • Features: Sprinkler System, Paved
    Details
    • Parcel number: 30933533000
    • Zoning description: Resid Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Wood Frame
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 2001

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Electricity Available, High Speed Internet Available

    Community & HOA

    Community
    • Features: Basketball Court, Boat Facilities, Golf, Playground, Tennis Court(s), Waterfront, Gated, Short Term Rental Allowed
    • Security: Prewired, Gated with Guard, Gated Community, 24 Hour Security, Security System, Security Gate, Smoke Detector(s), Security Service
    • Subdivision: Bay Point Unit 1
    HOA
    • Has HOA: Yes
    • Amenities included: Picnic Area
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $485/sqft
    • Tax assessed value: $752,407
    • Annual tax amount: $9,188
    • Date on market: 1/13/2026
    • Cumulative days on market: 231 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    2/20/2026Sold$1,879,000-3.6%$485/sqft
    Source: CPAR #783640 Report a problem
    1/22/2026Pending sale$1,950,000$503/sqft
    Source: CPAR #783640 Report a problem
    1/13/2026Listed for sale$1,950,000+2.7%$503/sqft
    Source: CPAR #783640 Report a problem
    1/2/2026Listing removed$1,899,000$490/sqft
    Source: ECAOR #977021 Report a problem
    10/8/2025Price change$1,899,000-4.5%$490/sqft
    Source: ECAOR #977021 Report a problem
    9/19/2025Price change$1,989,000-0.5%$513/sqft
    Source: ECAOR #977021 Report a problem
    8/2/2025Price change$1,999,999-4.8%$516/sqft
    Source: CPAR #773896 Report a problem
    5/23/2025Listed for sale$2,100,000+61.5%$542/sqft
    Source: CPAR #773896 Report a problem
    8/12/2022Sold$1,300,000-10.3%$335/sqft
    Source: CPAR #705027 Report a problem
    7/7/2022Pending sale$1,450,000$374/sqft
    Source: CPAR #705027 Report a problem
    5/4/2022Price change$1,450,000-4.9%$374/sqft
    Source: CPAR #705027 Report a problem
    1/7/2022Price change$1,525,000+17.4%$394/sqft
    Source: CPAR #705027 Report a problem
    1/6/2022Listed for sale$1,299,000+13%$335/sqft
    Source: CPAR #705027 Report a problem
    1/14/2021Listing removed--
    Source: CPAR Report a problem
    11/25/2020Listed for sale$1,150,000+15%$297/sqft
    Source: Bay Point Real Estate Co #705027 Report a problem
    5/3/2005Sold$1,000,000$258/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$9,286 +2.7%$752,407 +4.5%
    2023$9,042 +46.1%$719,994 +37.8%
    2022$6,190 $522,517
    2021-- --
    2020$5,439 +30.2%$443,832 +32.2%
    2019$4,176 $335,708 -24.2%
    2018$4,176 -25.2%$442,650 +7.4%
    2017$5,581 +6.6%$412,101 -1%
    2016$5,234 -5.6%$416,127 -0.2%
    2015$5,544 $417,037 -1.7%
    2014$5,544 $424,416 -1.4%
    2013-- $430,653 -2.8%
    2012-- $443,182 -8.7%
    2011-- $485,550 -5.1%
    2010-- $511,707 -15.7%
    2009-- $607,064 -0.7%
    2008-- $611,097 -28.5%
    2007-- $854,980 +1.2%
    2006-- $845,255 +49.7%
    2005-- $564,615 +44%
    2004-- $392,198
    2003-- $392,198 +7.4%
    2002-- $365,153
    Find assessor info on the county website

    Neighborhood: Upper Grand Lagoon

    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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