Welcome to your serene sanctuary on Lake Suzanne! This stunning 3-bedroom, 2-bathroom home offers an open floor plan perfect for entertaining and family gatherings. Step inside to discover stylish LVP flooring and cozy ceiling fans throughout, ensuring comfort in every season.
Enjoy the tranquility of lakeside living with your own fishing dock, perfect for casting a line or soaking in breathtaking sunsets. The spacious backyard features a convenient storage shed for all your outdoor gear. With no HOA, you have the freedom to personalize your property as you wish!
Don't miss out on the opportunity to own this slice of paradise—schedule your private tour today!
Sold for $320,000
$320,000
7306 Rachel Way, Panama City, FL 32404
3beds
1,992sqft
Single Family Residence
Built in 2006
0.32 Acres Lot
$315,500 Zestimate®
$161/sqft
$2,668 Estimated rent
Home value
$315,500
$287,000 - $347,000
$2,668/mo
Zestimate® history
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List your homeWhat's special
Fishing dockLakeside livingSpacious backyardCozy ceiling fansOpen floor planStylish lvp flooring
Zillow last checked:
Listing updated:
Listed by:
Justin G Thomas 480-322-8417,
Realty One Group Emerald Coast
Bought with:
Leigh Hawkins, SL3385555
Prothro Real Estate & Associates
Source: CPAR,MLS#: 778850
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Dining Room, Living Room, Primary Bedroom
Primary bedroom
- Level: First
- Dimensions: 15 x 13
Dining room
- Level: First
- Dimensions: 13 x 12
Living room
- Level: First
- Dimensions: 20 x 18
Heating
- Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Range
Interior area
- Total structure area: 1,992
- Total interior livable area: 1,992 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage, Garage Door Opener
- Garage spaces: 2
Features
- Patio & porch: Deck, Patio
- Exterior features: Deck, Dock, Patio
- Fencing: Partial
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake, Lake Front
Lot
- Size: 0.32 Acres
- Dimensions: 91 x 155 x 104 x 111
Details
- Additional structures: Shed(s)
- Parcel number: 05551120000
- Zoning description: Resid Single Family
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Single Family Residence
Materials
- Brick, Vinyl Siding
Condition
- New construction: No
- Year built: 2006
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Rachels Landing
HOA
- Has HOA: No
Location
- Region: Panama City
Financial & listing details
- Price per square foot: $161/sqft
- Tax assessed value: $247,401
- Annual tax amount: $2,610
- Date on market: 9/11/2025
- Cumulative days on market: 21 days
Price history
| Date | Event | Price |
|---|---|---|
| 11/3/2025 | Sold | $320,000-3.8%$161/sqft |
Source:  CPAR #778850 Report a problem | ||
| 10/2/2025 | Pending sale | $332,500$167/sqft |
Source: CPAR #778850 Report a problem | ||
| 9/29/2025 | Price change | $332,500-2.2%$167/sqft |
Source: CPAR #778850 Report a problem | ||
| 9/11/2025 | Listed for sale | $340,000+15.3%$171/sqft |
Source: CPAR #778850 Report a problem | ||
| 2/24/2023 | Sold | $295,000-4.8%$148/sqft |
Source: Public Record Report a problem | ||
| 1/23/2023 | Pending sale | $310,000$156/sqft |
Source: CPAR #733253 Report a problem | ||
| 1/9/2023 | Price change | $310,000-3.7%$156/sqft |
Source: CPAR #733253 Report a problem | ||
| 11/21/2022 | Price change | $322,000-0.9%$162/sqft |
Source: CPAR #733253 Report a problem | ||
| 10/31/2022 | Price change | $325,000-7.1%$163/sqft |
Source: CPAR #733253 Report a problem | ||
| 10/11/2022 | Price change | $350,000+3%$176/sqft |
Source: CPAR #733253 Report a problem | ||
| 9/30/2022 | Price change | $339,900-8.1%$171/sqft |
Source: CPAR #729917 Report a problem | ||
| 8/30/2022 | Price change | $369,900-2.6%$186/sqft |
Source: CPAR #729917 Report a problem | ||
| 8/15/2022 | Price change | $379,900-5%$191/sqft |
Source: CPAR #729917 Report a problem | ||
| 7/25/2022 | Listed for sale | $399,900+86%$201/sqft |
Source: CPAR #729917 Report a problem | ||
| 6/10/2016 | Sold | $215,000-9.3%$108/sqft |
Source: Public Record Report a problem | ||
| 4/3/2007 | Sold | $237,000+295%$119/sqft |
Source: Public Record Report a problem | ||
| 6/21/2006 | Sold | $60,000$30/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,610 -2.2% | $247,401 +23.9% |
| 2023 | $2,670 +25.1% | $199,625 +10% |
| 2022 | $2,135 | $181,477 |
| 2021 | -- | -- |
| 2020 | $2,194 +18.5% | $179,310 +18.8% |
| 2019 | $1,851 | $150,993 -16% |
| 2018 | $1,851 -16.9% | $179,837 -0.4% |
| 2017 | $2,229 +22.6% | $180,635 +10.4% |
| 2016 | $1,817 -20.5% | $163,618 -4% |
| 2015 | $2,285 | $170,379 +3.2% |
| 2014 | $2,285 | $165,120 -2.8% |
| 2013 | -- | $169,903 |
| 2012 | -- | $169,903 -2.1% |
| 2011 | -- | $173,518 +2.6% |
| 2010 | -- | $169,203 -3.7% |
| 2009 | -- | $175,787 -4.7% |
| 2008 | -- | $184,471 -5.9% |
| 2007 | -- | $195,971 |
Find assessor info on the county website
Neighborhood: Cedar Grove
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Nearby schools
GreatSchools rating
- 3/10Tommy Smith Elementary SchoolGrades: PK-5Distance: 2.7 mi
- 4/10Merritt Brown Middle SchoolGrades: 6-8Distance: 2.6 mi
- 2/10Rutherford High SchoolGrades: 6-12Distance: 8.7 mi
Schools provided by the listing agent
- Elementary: Tommy Smith
- Middle: Merritt Brown
- High: Rutherford
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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- Florida
- Bay County
- Panama City
- 32404
- Cedar Grove
- 7306 Rachel Way
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