203 George C Wallace Boulevard, Panama City Beach, FL 32413 (MLS# 796347)

203 George C Wallace Boulevard, Panama City Beach, FL 32413

New Listing

$1,450,000

Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 2,904 Lot Size (sq. ft.): 3,049 Status: Active

Current Price: $1,450,000 List Date: 10/07/2026 Last Modified: 10/07/2026

Overview

Description

With the lake stretching beyond the backyard and glimpses of the gulf from both levels, this custom-built 2024 home creates a coastal setting that feels connected to the water from nearly every angle. Designed with equal attention to entertaining, everyday comfort and investment potential, the five-bedroom, four-bath residence pairs generous indoor living spaces with a private heated pool, outdoor summer kitchen and public beach access just 1,100 feet away. Inside, the open main living area brings the kitchen, dining and gathering spaces together with an easy flow to the outdoor areas. The designer kitchen features custom cabinetry, stainless steel appliances, and a dedicated wine bar, creating a polished centerpiece for entertaining. Custom tile work and carefully selected finishes continue throughout the home, while a seven-zone Sonos audio system extends from the interiors to the pool and outdoor living spaces. The first floor offers valuable flexibility for guests with a bedroom … (Read more) With the lake stretching beyond the backyard and glimpses of the gulf from both levels, this custom-built 2024 home creates a coastal setting that feels connected to the water from nearly every angle. Designed with equal attention to entertaining, everyday comfort and investment potential, the five-bedroom, four-bath residence pairs generous indoor living spaces with a private heated pool, outdoor summer kitchen and public beach access just 1,100 feet away. Inside, the open main living area brings the kitchen, dining and gathering spaces together with an easy flow to the outdoor areas. The designer kitchen features custom cabinetry, stainless steel appliances, and a dedicated wine bar, creating a polished centerpiece for entertaining. Custom tile work and carefully selected finishes continue throughout the home, while a seven-zone Sonos audio system extends from the interiors to the pool and outdoor living spaces. The first floor offers valuable flexibility for guests with a bedroom, full bath, and a custom bunk room well suited for larger groups. Upstairs, the primary suite opens directly to a spacious balcony overlooking the lake with views toward the gulf. A second king bedroom also enjoys balcony access and water views, while additional guest accommodations provide privacy with ensuite or conveniently located baths. A spacious second living area, complete with a queen sleeper and 75-in. television, gives owners and guests another place to gather or unwind. Outside, the heated in-ground pool anchors a private retreat designed for use well beyond the summer months. The summer kitchen makes outdoor dining and entertaining effortless, while built-in Sonos speakers and an outdoor television carry the home’s entertainment features poolside. The lakefront setting adds an open-water backdrop, yet the gulf is still close at hand with public beach access less than a quarter mile away. The surrounding area is also golf-cart friendly, adding another convenient way to reach the beach and nearby destinations. Offered fully furnished, the home is positioned for immediate enjoyment as a primary residence, second home or vacation rental. Current rental projections are approximately $110,000, adding an income component to an already compelling coastal property. An estimated first-year bonus depreciation of approximately $296,380 may provide an additional consideration for qualifying investment buyers, subject to individual tax circumstances and professional tax guidance. With lake frontage, gulf views, a private pool and extensive indoor-outdoor entertainment features, this furnished home offers a distinctly versatile approach to coastal ownership.

Listing Details MLS# 796347

Contract Info

List Price/SqFt: 499.31

Location

Area: 03 – Bay County – Beach
Street #: 203
Street Name: George C Wallace
Street Suffix: Boulevard
State: FL
Zip Code: 32413
County: Bay
Sub Area: 0324 – Beach – West Central
Subdivision: Laguna Beach 8th Add
Community/Resort: Laguna Beach
Waterfront: Yes
Gulf Access: No
Parcel ID: 38173-010-000
Elementary School: West Bay
Middle School: Surfside
High School: Arnold
Directions: From Inlet Beach, head east on Highway 98 (Panama City Beach Parkway). Turn right onto George C. Wallace Boulevard. The home is the last blue house on the right in the cul-de-sac.
Legal Description: LAGUNA BEACH 8TH ADD LOT 18 BLK M ORB 4596 P 2271

General Property Info

Sub-Type: Detached Single Family
Design: Beach House
Apx SqFt(Htd/Cooled): 2904
SqFt Source: Prop App Site
Full Baths: 4
Total Baths: 4
# of Stories in Building: 2
Accessory Dwelling Unit: No
Year Built: 2024
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Lot Dimensions: 50.0 ft x 65.0 ft
Acreage: 0.07
Lot Size (SqFt): 3049
Pool: Yes
Pool Type: Private

Listing Info, Tax and Legal

HOA Fee: No
New Buyer Fee: No
Last Taxes: 7304.9
Last Tax Year: 2025
Brokerage Interest: No Interest

Remarks & Misc

Remarks: With the lake stretching beyond the backyard and glimpses of the gulf from both levels, this custom-built 2024 home creates a coastal setting that feels connected to the water from nearly every angle. Designed with equal attention to entertaining, everyday comfort and investment potential, the five-bedroom, four-bath residence pairs generous indoor living spaces with a private heated pool, outdoor summer kitchen and public beach access just 1,100 feet away. Inside, the open main living area brings the kitchen, dining and gathering spaces together with an easy flow to the outdoor areas. The designer kitchen features custom cabinetry, stainless steel appliances, and a dedicated wine bar, creating a polished centerpiece for entertaining. Custom tile work and carefully selected finishes continue throughout the home, while a seven-zone Sonos audio system extends from the interiors to the pool and outdoor living spaces. The first floor offers valuable flexibility for guests with a bedroom, full bath, and a custom bunk room well suited for larger groups. Upstairs, the primary suite opens directly to a spacious balcony overlooking the lake with views toward the gulf. A second king bedroom also enjoys balcony access and water views, while additional guest accommodations provide privacy with ensuite or conveniently located baths. A spacious second living area, complete with a queen sleeper and 75-in. television, gives owners and guests another place to gather or unwind. Outside, the heated in-ground pool anchors a private retreat designed for use well beyond the summer months. The summer kitchen makes outdoor dining and entertaining effortless, while built-in Sonos speakers and an outdoor television carry the home's entertainment features poolside. The lakefront setting adds an open-water backdrop, yet the gulf is still close at hand with public beach access less than a quarter mile away. The surrounding area is also golf-cart friendly, adding another convenient way to reach the beach and nearby destinations. Offered fully furnished, the home is positioned for immediate enjoyment as a primary residence, second home or vacation rental. Current rental projections are approximately $110,000, adding an income component to an already compelling coastal property. An estimated first-year bonus depreciation of approximately $296,380 may provide an additional consideration for qualifying investment buyers, subject to individual tax circumstances and professional tax guidance. With lake frontage, gulf views, a private pool and extensive indoor-outdoor entertainment features, this furnished home offers a distinctly versatile approach to coastal ownership.

Balcony

Second: Yes

More Information

Bunk Room

First: Yes

Dining Room

First: Yes

Pool Features

Heated – Gas: Yes
Inground: Yes
Saltwater: Yes

Appliances

Dishwasher: Yes
Microwave: Yes
Range – Electric: Yes
Range Hood: Yes
Refrigerator: Yes
Water Heater – Electric: Yes
Wine Cooler: Yes

Interior Features

Breakfast Bar: Yes
Ceiling – Beamed: Yes
Floor – Tile: Yes
Floor – Vinyl Plank: Yes
Kitchen Island: Yes
Lighting – Recessed: Yes
Stairs: Yes

Construction/Siding

Foundation – Slab on Grade: Yes
Roof – Metal: Yes
Siding – Hardie Board: Yes

Exterior

Balcony: Yes
Built-in Barbecue/Grill: Yes
Deck Covered: Yes
Fenced Back Yard: Yes
Shower: Yes
Patio Covered: Yes

Financing

Cash: Yes
Conventional: Yes

Furnished

Furnished: Yes

Interior

Bonus Room: Yes
Bunk Room: Yes
Ceiling – Tray: Yes

Kitchen

First: Yes

Living Room

First: Yes

Lot Features

Corner Lot: Yes
Near Beach Access: Yes
Waterfront: Yes
Within 1/2 Mile to Water: Yes

Parking Features

Driveway: Yes

Rooms

Balcony: Yes
Bedroom: Yes
Bunk Room: Yes
Dining Room: Yes
Full Bathroom: Yes
Kitchen: Yes
Living Room: Yes
Primary Bathroom: Yes
Primary Bedroom: Yes

Utilities

Electricity – Connected: Yes
Public Sewer – Connected: Yes
Public Water – Connected: Yes

Waterview

Gulf: Yes
Lake: Yes

Sale Type

As Is: Yes

Full Bathroom

First: Yes
Second: Yes

Waterfront Type

Lakefront: Yes

Primary Bedroom

Second: Yes

Bedroom

First: Yes
Second: Yes

Cooling

Central Air: Yes

Heating

Central: Yes

Primary Bdrm/Primary Bath

MBath Double Vanity: Yes
MBath Shower Only: Yes
MBath Walk-In Closet: Yes
MBed Balcony: Yes
MBed Waterfront: Yes

Primary Bathroom

Second: Yes

Property Features

Appliances: Dishwasher; Microwave; Range – Electric; Range Hood; Refrigerator; Water Heater – Electric; Wine Cooler Full Bathroom: First; Second Primary Bedroom: Second Bedroom: First; Second Cooling: Central Air Heating: Central Exterior: Balcony; Built-in Barbecue/Grill; Deck Covered; Fenced Back Yard; Shower; Patio Covered Financing: Cash; Conventional Furnished: Furnished Interior: Bonus Room; Bunk Room; Ceiling – Tray Kitchen: First Living Room: First Lot Features: Corner Lot; Near Beach Access; Waterfront; Within 1/2 Mile to Water Balcony: Second Bunk Room: First Primary Bathroom: Second Dining Room: First Pool Features: Heated – Gas; Inground; Saltwater Parking Features: Driveway Rooms: Balcony; Bedroom; Bunk Room; Dining Room; Full Bathroom; Kitchen; Living Room; Primary Bathroom; Primary Bedroom Sale Type: As Is Utilities: Electricity – Connected; Public Sewer – Connected; Public Water – Connected Waterfront Type: Lakefront Waterview: Gulf; Lake

Room Information

Room Name	Level	Dimensions	Length	Width
Kitchen	First	16.1 x 11.9	16.10	11.90
Dining Room	First	20.5 x 7.1	20.50	7.10
Living Room	First	20.5 x 13.9	20.50	13.90
Bedroom	First	13.8 x 11.1	13.80	11.10
Bunk Room	First	12.1 x 23.1	12.10	23.10
Full Bathroom	First	8.6 x 9.1	8.60	9.10
Primary Bedroom	Second	20.4 x 13.3	20.40	13.30
Primary Bathroom	Second	7.4 x 9.9	7.40	9.90
Bedroom	Second	16.4 x 12.1	16.40	12.10
Bedroom	Second	12.1 x 12.8	12.10	12.80
Full Bathroom	Second	5 x 10	5.00	10.00
Full Bathroom	Second	5 x 10	5.00	10.00
Balcony	Second	20.5 x 6.5	20.50	6.50

Listing Office: Scenic Sotheby's International Realty

Last Updated: October – 07 – 2026

Information deemed reliable but not guaranteed.