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: 4/29/2026

Overview

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, priva

Listing Details MLS# 783869

Contract Info

List Price/SqFt
591.02

Location

Area
03 – Bay County – Beach
Street #
8127
Street Direction
N
Street Name
Lagoon
Street Suffix
Drive
State
FL
Zip Code
32408
County
Bay
Sub Area
0319 – Beach – East
Subdivision
No Named Subdivision
Community/Resort
None
Waterfront
Yes
Gulf Access
Yes
Parcel ID
30166-044-030
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.
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

Sub-Type
Detached Single Family
Design
Traditional
Apx SqFt(Htd/Cooled)
3384
SqFt Source
Prop App Site
Full Baths
3
Half Baths
Yes
Total Baths
4
# of Stories in Building
2
Year Built
1999
Construction Status
Construction Complete
New Construction
No
Garage Y/N
Yes
Garage Spaces
3
Lot Dimensions
100x380x101x384
Acreage
0.87
Lot Size (SqFt)
37897
Pool
Yes
Pool Type
Private

Listing Info, Tax and Legal

HOA Fee
No
New Buyer Fee
No
Last Taxes
6594
Last Tax Year
2025
Brokerage Interest
No Interest

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
Yes

More Information

Garage

First
Yes

Great Room

First
Yes

Pool Features

Inground
Yes
Spa/ Hot Tub
Yes

Appliances

Cooktop – Electric
Yes
Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Microwave
Yes
Oven – Double
Yes
Washer
Yes

Interior Features

Breakfast Bar
Yes
Ceiling – Crwn Molding
Yes
Fireplace
Yes
Floor – Hardwood
Yes
Floor – Tile
Yes
Pantry
Yes

Construction/Siding

Siding – Stucco
Yes

Exterior

Balcony
Yes
Fenced Lot-Part
Yes
Patio Covered
Yes
Patio Enclosed
Yes
Sprinkler System
Yes

Waterfront Feature

Dock
Yes

Financing

Cash
Yes
Conventional
Yes
Other
Yes

Furnished

Unfurnished
Yes

Lot Features

Waterfront
Yes

Lot Access

Paved Road
Yes

Parking Features

Garage Attached
Yes

Mstr Bath / Mstr Bdrm

MBath Double Vanity
Yes
MBath Garden Tub
Yes
MBath Separate Shwr
Yes
MBed Balcony
Yes
MBed Fireplace
Yes
MBed Walk-in Closet
Yes

Rooms

Bedroom
Yes
Dining Room
Yes
Garage
Yes
Great Room
Yes
Master Bedroom
Yes

Utilities

Electricity – Connected
Yes
Septic Tank
Yes

Waterview

Lagoon
Yes

Waterfront Type

Lagoon/Estuary
Yes

Master Bedroom

Second
Yes

Bedroom

First
Yes

Heating

Fireplace – Gas
Yes
Fireplace(s)
Yes

Security Features

Security System
Yes

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

Room Name Level Dimensions Length Width
Master Bedroom Second 14 x 24 14.00 24.00
Bedroom First 12 x 14 12.00 14.00
Bedroom First 12 x 13 12.00 13.00
Bedroom First 12 x 12 12.00 12.00
Dining Room First 12 x 17 12.00 17.00
Great Room First 18 x 18 18.00 18.00
Garage First 22 x 24 22.00 24.00
Garage First 22 x 13 22.00 13.00
Listing Office: Rosemary Beach Realty, LLC
Last Updated: April – 29 – 2026
Information deemed reliable but not guaranteed.