Welcome to a home unlike any other, situated so close to the water's edge that it appears to be floating. This iconic Deer Point Lake estate offers the ultimate waterfront living experience, boasting a rare ''grandfathered'' proximity--less than 25 feet from the back door--that is impossible to replicate today. Originally a 1950s fish camp cottage, the heart of this home has been meticulously reimagined through an architectural renovation and expansion that blends historic charm with modern luxury. This sprawling 3,400-square-foot residence features five spacious bedrooms, including two private master suites, and a stunning open-concept living area designed to capture panoramic lake views from every angle.
The interior is a masterclass in design, featuring high ceilings, luxury appliances, and incredible hardwood floors crafted from a mix of heart pine and salvaged Amish oak. While the interior is breathtaking, the outdoor space is the true star of this acre-plus property. With 152 feet of waterfront perfectly positioned to face the sunset, you can enjoy the view from your private screened-in porch, multiple levels of decking, or the lakeside patio with a built-in fire pit. A sweeping private dock stretches into the water, surrounded by ethereal, ''Secret Garden'' landscaping that creates a sense of true enchantment. From the artful innovation of the renovation to the serene lakeside setting, this estate is a once-in-a-lifetime find that must be experienced in person. Come witness the magic of Deer Point Lake for yourself.
Sold for $915,000
$915,000
7831 Highway 2311, Panama City, FL 32404
5beds
3,413sqft
Single Family Residence
Built in 2010
1.12 Acres Lot
$913,600 Zestimate®
$268/sqft
$3,321 Estimated rent
Home value
$913,600
$831,000 - $1.00M
$3,321/mo
Zestimate® history
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List your homeWhat's special
Acre-plus propertyTwo private master suitesPrivate screened-in porchFive spacious bedroomsHigh ceilingsLuxury appliancesMultiple levels of decking
Zillow last checked:
Listing updated:
Listed by:
Brian Clowdus 256-504-3799,
Christies International Real Estate Emerald Coast
Bought with:
Jeff L Pitts, 002534
Central Bay Realty and Property Management LLC
Source: CPAR,MLS#: 787581
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Rooms
- Room types: Bedroom, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Level: First
- Dimensions: 15 x 14
Primary bedroom
- Level: Second
- Dimensions: 15 x 18
Bedroom
- Level: Second
- Dimensions: 14 x 16
Kitchen
- Level: First
- Dimensions: 22 x 13
Living room
- Level: First
- Dimensions: 22 x 14
Heating
- Central, Fireplace(s)
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Gas Cooktop, Gas Oven, Water Purifier Owned, Tankless Water Heater
Features
- Double Vanity, Fireplace, Bath in Primary Bedroom, Main Level Primary, Sitting Area in Primary, Soaking Tub, Separate Shower, Walk-In Closet(s)
- Has fireplace: Yes
- Fireplace features: Gas
Interior area
- Total structure area: 3,413
- Total interior livable area: 3,413 sqft
Property
Parking
- Total spaces: 2
- Parking features: Additional Parking, Garage, Garage Door Opener
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Balcony, Deck, Enclosed, Covered, Patio, Porch, Screened
- Exterior features: Covered Patio, Deck, Patio, Porch
- Has view: Yes
- View description: Lake, Water
- Has water view: Yes
- Water view: Lake,Water
- Waterfront features: Lake, Lake Front
- Frontage length: 152
Lot
- Size: 1.12 Acres
- Dimensions: 100 x 475
Details
- Additional structures: Garage(s), Shed(s)
- Parcel number: 05384000000
- 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
- HardiPlank Type
- Roof: Metal,Shake
Condition
- New construction: No
- Year built: 2010
Utilities & green energy
- Utilities for property: High Speed Internet Available
Community & HOA
Community
- Features: Short Term Rental Allowed
- Security: Security System, Smoke Detector(s)
- Subdivision: [No Recorded Subdiv]
HOA
- Has HOA: No
Location
- Region: Panama City
Financial & listing details
- Price per square foot: $268/sqft
- Tax assessed value: $402,418
- Annual tax amount: $4,244
- Date on market: 3/30/2026
- Cumulative days on market: 40 days
Price history
| Date | Event | Price |
|---|---|---|
| 6/15/2026 | Sold | $915,000-2.1%$268/sqft |
Source:  CPAR #787581 Report a problem | ||
| 5/13/2026 | Pending sale | $935,000$274/sqft |
Source:  ECAOR #999234 Report a problem | ||
| 4/6/2026 | Price change | $935,000-1.5%$274/sqft |
Source: ECAOR #999234 Report a problem | ||
| 3/30/2026 | Price change | $949,000-5.1%$278/sqft |
Source: CPAR #787581 Report a problem | ||
| 7/22/2025 | Price change | $999,500-4.8%$293/sqft |
Source: ECAOR #975253 Report a problem | ||
| 7/8/2025 | Price change | $1,050,000-4.5%$308/sqft |
Source: ECAOR #975253 Report a problem | ||
| 5/20/2025 | Listed for sale | $1,100,000$322/sqft |
Source: ECAOR #975253 Report a problem | ||
| 5/17/2025 | Pending sale | $1,100,000$322/sqft |
Source: CPAR #772787 Report a problem | ||
| 5/1/2025 | Listed for sale | $1,100,000+349%$322/sqft |
Source: CPAR #772787 Report a problem | ||
| 7/22/2008 | Sold | $245,000-12.5%$72/sqft |
Source: Public Record Report a problem | ||
| 5/17/2008 | Price change | $279,900-6.4%$82/sqft |
Source: Coldwell Banker** #379223 Report a problem | ||
| 3/12/2008 | Listed for sale | $299,000$88/sqft |
Source: Coldwell Banker** #379223 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,108 +1.9% | $368,672 +3% |
| 2023 | $4,033 +11.6% | $357,934 +3% |
| 2022 | $3,613 | $347,509 |
| 2021 | -- | -- |
| 2020 | $3,586 +34.1% | $332,729 +29.4% |
| 2019 | $2,674 | $257,188 -22.5% |
| 2018 | $2,674 -26.2% | $331,935 +2.1% |
| 2017 | $3,625 +0.5% | $325,108 -1.1% |
| 2016 | $3,608 -6.1% | $328,691 +1% |
| 2015 | $3,843 | $325,567 -0.3% |
| 2014 | $3,843 | $326,668 -5.6% |
| 2013 | -- | $346,001 -5.4% |
| 2012 | -- | $365,755 -0.4% |
| 2011 | -- | $367,331 +99% |
| 2010 | -- | $184,595 -8.5% |
| 2009 | -- | $201,754 -6.5% |
| 2008 | -- | $215,712 -0.2% |
| 2007 | -- | $216,177 +14.8% |
| 2006 | -- | $188,306 +50.5% |
| 2005 | -- | $125,115 +54.6% |
| 2004 | -- | $80,947 +7% |
| 2003 | -- | $75,633 +12.1% |
| 2002 | -- | $67,487 |
| 2001 | -- | $67,487 +8.2% |
| 2000 | -- | $62,350 |
Find assessor info on the county website
Neighborhood: 32404
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Nearby schools
GreatSchools rating
- 4/10Deer Point Elementary SchoolGrades: PK-5Distance: 2.5 mi
- 4/10Merritt Brown Middle SchoolGrades: 6-8Distance: 3.7 mi
- 6/10A. Crawford Mosley High SchoolGrades: 9-12Distance: 6.7 mi
Schools provided by the listing agent
- Elementary: Deer Point
- Middle: Merritt Brown
- High: Mosley
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
- 7831 Highway 2311
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