4800 E Bay Dr, Panama City, FL 32404

'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Welcome to 4800 East Bay Drive, a beautifully renovated 4-bedroom, 3-bathroom waterfront oasis that perfectly blends charm and modern luxury. Situated on 100 feet of East Bay waterfront, this home offers easy access to the Gulf of Mexico and is just a little over a 5-mile boat ride to the mouth of the Intercoastal Waterway, making it ideal for boating enthusiasts. The property boasts a 300-foot dock extending into the bay, leading to a fully equipped boat house. Outfitted with a top-of-the-line GALAXY system and a DECO power lift rated for 10,000 lbs, this setup ensures all your boating needs are met. The beautifully lit dock guides you to the boat house, which includes water, power, storage, and a fish cleaning station—everything required for convenient waterfront living. Inside, you'll find two master suites, one on the main floor and another upstairs along with an additional upstairs bedroom featuring its own full bathroom. The additional 4th bedroom on the first floor has been repurposed currently as a craft/bonus room. The open-concept living room and kitchen are designed for entertaining, featuring high-end finishes like a double gas oven, built-in wine fridge, soft-close drawers, elegant quartz countertops, and a cozy gas fireplace. The ceramic tile throughout the home ensures low maintenance, while reducing allergens and making cleaning a breeze. This meticulously maintained home showcases thoughtful renovations, from the beautiful color palette to the stylish light fixtures and sleek finished ceilings that amplify the abundance of natural light streaming in from the bay. You'll be in awe of the breathtaking sunsets and the brightness that floods the home's spaces. The second-floor primary bedroom continues the theme of natural light and efficient use of space, accented by high-quality finishes. The large walk-in shower is equipped with multiple shower fixtures, plenty of shelf space, and a built-in bench. The extra-deep soaking tub is also fitted with high-end fixtures, offering a serene and tranquil retreat. Both the first-floor master and second-floor primary bedrooms are spacious, inviting, and boast beautiful water views. Step outside onto the large open deck, where a hot tub awaits—perfect for unwinding while taking in the stunning views of the bay. Additional outdoor features include a screened-in porch, an above-ground pool, and a well-maintained yard, kept lush year-round by a three-zone sprinkler system. For hobbyists or professionals, the 50x20 workshop is a standout feature, with two 10-foot roll-up doors, a climate-controlled office, a car lift, and ample storage space—ideal for working on projects or pursuing your passions. This home offers the perfect blend of luxurious waterfront living, modern amenities, and abundant outdoor spaces—don't miss your opportunity to own this exceptional property in Panama City!