$949,000
331 Moonlight Bay Drive
Panama City Beach, FL 32407
MLS# 790244
4 beds  |  3 baths  |  3987 sqft


Moonlight Bay
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Property Description
Welcome to your dream home in the highly sought-after Colony Club NO HOA and where luxury, space, and the ultimate Florida lifestyle come together. Situated on an oversized homesite across from the bay with peekaboo water views, this stunning one story 4-bedroom, 3-bath residence offers an incredible blend of comfort, function, and resort-style outdoor living. Step inside to discover an expansive open-concept floor plan featuring a massive living area, oversized dining space, and an enormous chef's kitchen designed for gathering and entertaining. Two additional flex spaces provide endless possibilities for home offices, playrooms, fitness rooms, or guest overflow. The grand primary suite is a true retreat, complete with a spacious bedroom, spa-inspired bathroom featuring a soaking tub, oversized shower, separate vanities, and generous custom closet systems. Every closet throughout the home includes custom built-in shelving for elevated organization and style. Outside is where this property truly becomes unforgettable. The backyard is nothing short of extraordinary -- one of the largest and most impressive entertaining spaces you'll find. Designed for hosting and making memories, it features a beautiful pool, fire pits and chimineas, outdoor TV lounge, grilling area, and endless green space with room for soccer games, a volleyball court, and more. This is the kind of backyard people dream about. Located in the heart of the Legacy Golf Club golf course community, you're just minutes from Pier Park, 30A, Frank Brown Park, top-rated schools, shopping, dining, Topgolf, and the new hospital. Enjoy quick access to Highway 79 for easy travel and less time in traffic -- plus take your golf cart to the beach, pier park, Thomas Donuts anytime you want. Spacious, beautifully designed, and built for entertaining, this home offers the best of coastal living with room to truly live, relax, and play. *All measurements are approximate. Confirm if important*

Details
Maps
Contract Info
List Price/SqFt: 238.02
Status: Active
List Date: 2026-05-21
List Price: $949,000
Current Price: $949,000
Location
Sub Area: 0321 - Beach - North Central
Community/Resort: Colony Club
Waterfront: No
Elementary School: Hutchison Beach
Middle School: Surfside
High School: Arnold
Directions: West on Back Beach Rd, Right into Colony Club. Follow Fairway Blvd to Left on Moonlight Bay to dead end take right-House is on the right.
Area: 03 - Bay County - Beach
Street #: 331
Street Name: Moonlight Bay
Street Suffix: Drive
State: FL
Zip Code: 32407
County: Bay
Subdivision: Colony Club
Parcel ID: 32736-064-000
Legal Description: COLONY CLUB HARBOUR PHASE 2 LOT 16 BLK C ORB 4448 P 282
General Property Info
Acreage: 0.44
Design: Craftsman Style
Lot Size (SqFt): 19166
Apx SqFt(Htd/Cooled): 3987
Construction Status: Construction Complete
SqFt Source: Prop App Site
Lot Dimensions: 110x176
New Construction: Yes
Garage Y/N: Yes
Garage Spaces: 2
Pool: Yes
Pool Type: Private
Sub-Type: Detached Single Family
Bedrooms: 4
Full Baths: 3
Total Baths: 3
Year Built: 2018
Listing Info, Tax and Legal
HOA Fee: No
New Buyer Fee: No
Last Taxes: 7965
Last Tax Year: 2025
Brokerage Interest: No Interest
Remarks & Misc
Remarks: Welcome to your dream home in the highly sought-after Colony Club NO HOA and where luxury, space, and the ultimate Florida lifestyle come together. Situated on an oversized homesite across from the bay with peekaboo water views, this stunning one story 4-bedroom, 3-bath residence offers an incredible blend of comfort, function, and resort-style outdoor living. Step inside to discover an expansive open-concept floor plan featuring a massive living area, oversized dining space, and an enormous chef's kitchen designed for gathering and entertaining. Two additional flex spaces provide endless possibilities for home offices, playrooms, fitness rooms, or guest overflow. The grand primary suite is a true retreat, complete with a spacious bedroom, spa-inspired bathroom featuring a soaking tub, oversized shower, separate vanities, and generous custom closet systems. Every closet throughout the home includes custom built-in shelving for elevated organization and style. Outside is where this property truly becomes unforgettable. The backyard is nothing short of extraordinary -- one of the largest and most impressive entertaining spaces you'll find. Designed for hosting and making memories, it features a beautiful pool, fire pits and chimineas, outdoor TV lounge, grilling area, and endless green space with room for soccer games, a volleyball court, and more. This is the kind of backyard people dream about. Located in the heart of the Legacy Golf Club golf course community, you're just minutes from Pier Park, 30A, Frank Brown Park, top-rated schools, shopping, dining, Topgolf, and the new hospital. Enjoy quick access to Highway 79 for easy travel and less time in traffic -- plus take your golf cart to the beach, pier park, Thomas Donuts anytime you want. Spacious, beautifully designed, and built for entertaining, this home offers the best of coastal living with room to truly live, relax, and play. *All measurements are approximate. Confirm if important*
Furnished
Unfurnished: 1
Rooms
Bedroom: 1
Primary Bedroom: 1
Utilities
TV Cable: 1
Electricity - Connected: 1
Garbage: 1
Natural Gas - Connected: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Primary Bedroom
First: 1
Bedroom
First: 1
Property Features
Primary Bedroom: First
Bedroom: First
Furnished: Unfurnished
Rooms: Bedroom; Primary Bedroom
Utilities: TV Cable; Electricity - Connected; Garbage; Natural Gas - Connected; Public Sewer - Connected; Public Water - Connected
Room Information
Room Name Level Dimensions Length Width
Master BedroomFirst20 x 2020.0020.00
BedroomFirst15 x 1015.0010.00
BedroomFirst12 x 1212.0012.00
BedroomFirst15 x 1515.0015.00

Listing Office: Think Real Estate

Last Updated: June - 12 - 2026

Information deemed reliable but not guaranteed.