8127 N Lagoon Drive, Panama City, FL 32408
$2,000,000
Property Type:
Residential
Bedrooms:
4
Baths:
4
Square Footage:
3,384
Lot Size (sq. ft.):
37,897
Status:
Active
Current Price:
$2,000,000
List Date:
1/19/2026
Last Modified:
2/16/2026
Description
A rare and luxurious waterfront offering, this stunning lagoon-front residence sits on just under 1 acre, delivering privacy, breathtaking views, and an elevated coastal lifestyle. Encompassing 3,384 square feet, this 4-bedroom, 3.5-bath residence is filled with soaring ceilings, expansive windows, and an abundance of natural light that frames the serene lagoon from nearly every room. Designed for both elegant living and entertaining, the home features a remodeled kitchen that serves as the heart of the residence perfect for hosting gatherings while enjoying water views. Light pours into the living spaces, enhancing the open feel between indoor and outdoor living. The home offers three gas fireplaces, adding warmth and ambiance throughout. All windows and doors have been replaced with hurricane rated systems installed to current code. The roof was replaced in May of 2024 and includes a 10 year workman warranty.
The outdoor setting is equally impressive, highlighted by a large, private pool and a dock with the potential to create a custom boat oasis. Whether relaxing poolside or launching a day on the water, the backyard provides a tranquil and luxurious escape. The entire second floor is dedicated to the primary suite, offering a private retreat complete with a spacious bedroom, en-suite bath, and a private balcony that is great for enjoying a morning coffee or watching unforgettable sunsets over the lagoon.
Upon arrival, the home makes a striking first impression with a beautifully landscaped front yard, and mature trees. A 3-car garage offers generous space for vehicles or storage, adding both convenience and versatility. With its commanding waterfront presence, refined interior spaces, and exceptional outdoor potential, this extraordinary property presents a rare opportunity to own a truly refined lagoon-front retreat.
Information contained within this listing such as lot dimensions, is deemed to be accurate but is not guaranteed. Buyer to verify.
More Information MLS# 783869
Listing Info, Tax and Legal
HOA Fee: No
New Buyer Fee: No
Last Taxes: 6594
Last Tax Year: 2025
Brokerage Interest: No Interest
Contract Info
List Price/SqFt: 591.02
Status: Active
List Date: 2026-01-19
List Price: $2,000,000
Current Price: $2,000,000
Location
Sub Area: 0319 – Beach – East
Community/Resort: None
Waterfront: Yes
Gulf Access: Yes
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: From Thomas Dr. and HWY 98, go South on Thomas Drive for approximately three miles. Turn right/West onto North Lagoon Drive. The property will be on the left/South in approximately two miles.
Area: 03 – Bay County – Beach
Street #: 8127
Street Direction: N
Street Name: Lagoon
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Subdivision: No Named Subdivision
Parcel ID: 30166-044-030
Legal Description: 5 4S 15W -1.1G6- 58A3 COM AT SE COR OF SEC TH W 2591.64′ NELY 224.68′ TO SLY R/W N LAG DR NWLY 2255.80′ FOR POB TH CONT NWLY 100.07′ SWLY 380′ TO GRAND LAGOON SELY 100′ NLY 392′ M/L TO POB ORB 1545 P 75
General Property Info
Acreage: 0.87
Design: Traditional
Lot Size (SqFt): 37897
Apx SqFt(Htd/Cooled): 3384
Construction Status: Construction Complete
SqFt Source: Prop App Site
Half Baths: 1
# of Stories in Building: 2
Lot Dimensions: 100x380x101x384
New Construction: No
Garage Y/N: Yes
Garage Spaces: 3
Pool: Yes
Pool Type: Private
Sub-Type: Detached Single Family
Bedrooms: 4
Full Baths: 3
Total Baths: 4
Year Built: 1999
Remarks & Misc
Remarks: A rare and luxurious waterfront offering, this stunning lagoon-front residence sits on just under 1 acre, delivering privacy, breathtaking views, and an elevated coastal lifestyle. Encompassing 3,384 square feet, this 4-bedroom, 3.5-bath residence is filled with soaring ceilings, expansive windows, and an abundance of natural light that frames the serene lagoon from nearly every room. Designed for both elegant living and entertaining, the home features a remodeled kitchen that serves as the heart of the residence perfect for hosting gatherings while enjoying water views. Light pours into the living spaces, enhancing the open feel between indoor and outdoor living. The home offers three gas fireplaces, adding warmth and ambiance throughout. All windows and doors have been replaced with hurricane rated systems installed to current code. The roof was replaced in May of 2024 and includes a 10 year workman warranty.
The outdoor setting is equally impressive, highlighted by a large, private pool and a dock with the potential to create a custom boat oasis. Whether relaxing poolside or launching a day on the water, the backyard provides a tranquil and luxurious escape. The entire second floor is dedicated to the primary suite, offering a private retreat complete with a spacious bedroom, en-suite bath, and a private balcony that is great for enjoying a morning coffee or watching unforgettable sunsets over the lagoon.
Upon arrival, the home makes a striking first impression with a beautifully landscaped front yard, and mature trees. A 3-car garage offers generous space for vehicles or storage, adding both convenience and versatility. With its commanding waterfront presence, refined interior spaces, and exceptional outdoor potential, this extraordinary property presents a rare opportunity to own a truly refined lagoon-front retreat.
Information contained within this listing such as lot dimensions, is deemed to be accurate but is not guaranteed. Buyer to verify.
Dining Room
First: 1
Garage
First: 1
Great Room
First: 1
Pool Features
Inground: 1
Spa/ Hot Tub: 1
Appliances
Cooktop – Electric: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Oven – Double: 1
Washer: 1
Interior Features
Breakfast Bar: 1
Ceiling – Crwn Molding: 1
Fireplace: 1
Floor – Hardwood: 1
Floor – Tile: 1
Pantry: 1
Construction/Siding
Siding – Stucco: 1
Exterior
Balcony: 1
Fenced Lot-Part: 1
Patio Covered: 1
Patio Enclosed: 1
Sprinkler System: 1
Waterfront Feature
Dock: 1
Financing
Cash: 1
Conventional: 1
Other: 1
Furnished
Unfurnished: 1
Lot Features
Waterfront: 1
Lot Access
Paved Road: 1
Parking Features
Garage Attached: 1
Mstr Bath / Mstr Bdrm
MBath Double Vanity: 1
MBath Garden Tub: 1
MBath Separate Shwr: 1
MBed Balcony: 1
MBed Fireplace: 1
MBed Walk-in Closet: 1
Rooms
Bedroom: 1
Dining Room: 1
Garage: 1
Great Room: 1
Master Bedroom: 1
Utilities
Electricity – Connected: 1
Septic Tank: 1
Waterview
Lagoon: 1
Waterfront Type
Lagoon/Estuary: 1
Master Bedroom
Second: 1
Bedroom
First: 1
Heating
Fireplace – Gas: 1
Fireplace(s): 1
Security Features
Security System: 1
Property Features
Appliances: Cooktop – Electric; Dishwasher; Disposal; Dryer; Microwave; Oven – Double; Washer
Master Bedroom: Second
Bedroom: First
Heating: Fireplace – Gas; Fireplace(s)
Exterior: Balcony; Fenced Lot-Part; Patio Covered; Patio Enclosed; Sprinkler System
Financing: Cash; Conventional; Other
Furnished: Unfurnished
Lot Features: Waterfront
Lot Access: Paved Road
Dining Room: First
Great Room: First
Garage: First
Pool Features: Inground; Spa/ Hot Tub
Security Features: Security System
Parking Features: Garage Attached
Rooms: Bedroom; Dining Room; Garage; Great Room; Master Bedroom
Utilities: Electricity – Connected; Septic Tank
Waterfront Type: Lagoon/Estuary
Waterfront Feature: Dock
Waterview: Lagoon
Room Information
Master Bedroom
Level: Second
Dimensions: 14 x 24
Length: 14.00
Width: 24.00
Dimensions: 14 x 24
Bedroom
Level: First
Dimensions: 12 x 14
Length: 12.00
Width: 14.00
Dimensions: 12 x 14
Bedroom
Level: First
Dimensions: 12 x 13
Length: 12.00
Width: 13.00
Dimensions: 12 x 13
Bedroom
Level: First
Dimensions: 12 x 12
Length: 12.00
Width: 12.00
Dimensions: 12 x 12
Dining Room
Level: First
Dimensions: 12 x 17
Length: 12.00
Width: 17.00
Dimensions: 12 x 17
Great Room
Level: First
Dimensions: 18 x 18
Length: 18.00
Width: 18.00
Dimensions: 18 x 18
Garage
Level: First
Dimensions: 22 x 24
Length: 22.00
Width: 24.00
Dimensions: 22 x 24
Garage
Level: First
Dimensions: 22 x 13
Length: 22.00
Width: 13.00
Dimensions: 22 x 13
Listing Office:
Rosemary Beach Realty, LLC
Last Updated: February – 16 – 2026
Information deemed reliable but not guaranteed.