$1,025,000
Panama City, FL 32408
MLS# 771675
Status: Sold
4 beds | 4 baths | 4322 sqft

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Property Description
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Seller motivated MAJOR PRICE REDUCTION! In ADDITION to this the Seller is offering closing cost assistance or help with rate buy down with an acceptable offer. Stunning 4BR/4BA home in Exclusive Gated Community with a Pool! Tucked away on a peaceful cul-de-sac in a prestigious gated community, this beautiful home offers the perfect blend of privacy, luxury, and functionality. Nestled on an oversized lot with mature trees, the serene backyard is your own private oasis—complete with a sparkling pool, paver patio, and a covered area ideal for shaded outdoor entertaining. Step through the impressive mahogany front door into a grand foyer with soaring 20-foot ceilings. The open-concept great room is filled with natural light and features a built-in wet bar with wine and beer fridge—perfect for hosting guests. Elegant trim work, crown moulding, and a coffered ceiling in the home office add custom character and craftsmanship throughout. The updated kitchen boasts new quartz countertops, a gas cooktop, and generous cabinet space, making it a chef's dream. The master bedroom is on the first floor with en-suite bath and walk-in closet. Upstairs, a spacious loft offers a flexible living or game room space for the whole family. You'll also find three bedrooms and a versatile bonus room—ideal as a gym, hobby room, playroom, or extra storage. Additional highlights include a 3-car garage with plenty of space for your vehicles or golf cart, plus lush landscaping that enhances the home's curb appeal and privacy. This property is the total package—luxurious yet comfortable, private yet perfect for entertaining. Don't miss your chance to make it yours!
Details
Maps
Contract Info
Status: Sold
List Date: 2025-04-08
List Price: $1,100,000
List Price/SqFt: 254.51
Current Price: $1,025,000
Location
Area: 03 - Bay County - Beach
Street #: 3208
Street Name: Magnolia Islands
Street Suffix: Boulevard
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0319 - Beach - East
Subdivision: Preserve On The Bay Ph III-A
Community/Resort: Preserve on the Bay
Waterfront: No
Parcel ID: 31365-789-000
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: From Thomas Drive turn onto Magnolia Beach Rd. Turn left onto Preserve Blvd into the Preserve subdivision. At the roundabout take the 2nd exit onto Preserve Blvd, at the next roundabout take the 1st exit onto Preserve Blvd, then turn right onto Magnolia Islands Blvd.
Legal Description: PRESERVE ON THE BAY PH III-A LOT 189 ORB 4558 P 1780
General Property Info
Sub-Type: Detached Single Family
Design: Contemporary
Apx SqFt(Htd/Cooled): 4322
SqFt Source: Prop App Site
Bedrooms: 4
Full Baths: 4
Total Baths: 4
Year Built: 2008
Construction Status: Construction Complete
New Construction: No
Garage Y/N: Yes
Garage Spaces: 3
Lot Dimensions: IRR
Acreage: 0.4
Lot Size (SqFt): 17424
Pool: Yes
Pool Type: Private
Status Change Info
Under Contract Date: 2025-07-28
Sold Date: 2025-08-28
Sold Price: $1,025,000
Sold Price/SqFt: 237.16
Sold Price/Acre: 2562500
Property Features
Master Bedroom: First
Bedroom: Second
Cooling: Ceiling Fan(s); Central Air; Multi Units
Heating: Central; Electric
Association Fees Include: Gated Community; Management; Security
Financing: Cash; Conventional; FHA; VA
Furnished: Unfurnished
Interior: Bonus Room
Kitchen: First
Lot Features: Covenants & Rescrictions; Cul-De-Sac
Lot Access: Paved Road
Bonus Room: Second
Dining Room: First
Great Room: First
Loft: Second
Office: First
Pool Features: Inground
Security Features: Gated Community; Gated with Guard
Parking Features: Driveway; Garage Attached; Garage Door Opener; Paver Block
Rooms: Bedroom; Bonus Room; Dining Room; Great Room; Kitchen; Loft; Master Bedroom; Office
Utilities: Electricity - Connected; Public Sewer - Connected; Public Water - Connected
Present Zoning: Resid Single Family
Room Information
Room Name | Level | Dimensions | Length | Width | Dimensions |
Great Room | First | 20 x 20 | 20.00 | 20.00 | 20 x 20 |
Dining Room | First | 14 x 12 | 14.00 | 12.00 | 14 x 12 |
Kitchen | First | 14 x 12 | 14.00 | 12.00 | 14 x 12 |
Master Bedroom | First | 19 x 15 | 19.00 | 15.00 | 19 x 15 |
Office | First | 13 x 11 | 13.00 | 11.00 | 13 x 11 |
Bedroom | Second | 15 x 12 | 15.00 | 12.00 | 15 x 12 |
Bedroom | Second | 15 x 12 | 15.00 | 12.00 | 15 x 12 |
Bedroom | Second | 16 x 12 | 16.00 | 12.00 | 16 x 12 |
Bonus Room | Second | 30 x 10 | 30.00 | 10.00 | 30 x 10 |
Loft | Second | 20 x 13 | 20.00 | 13.00 | 20 x 13 |
Listing Office: Beachy Beach Real Estate
Last Updated: August - 28 - 2025
Information deemed reliable but not guaranteed.