Address
5108 Deep Bayou Drive, Panama City, FL
Price
$ 575,000
Property Attributes
  • MLS#792455
  • TypeSingle Family
  • Listing Status Active
  • CountyBay
  • CityPanama City
  • Area04 - Bay County - North
  • NeighborhoodSpikes Addto Highpoint
  • Zip32404
  • Style
  • Year Built1989
  • Taxes$ 6591
  • Price$ 575,000
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2670
  • Lot Size0.82 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description

Perfectly positioned on an oversized corner lot in a quiet cul-de-sac, this beautifully updated residence offers the rare combination of timeless elegance, modern upgrades, and access to the pristine waters of Deer Point Lake. Designed with both comfort and entertaining in mind, the thoughtfully crafted floor plan is filled with natural light and generous living spaces. The impressive living room features an electric fireplace and flows seamlessly into a heated and cooled sunroom, creating an inviting year-round retreat for relaxing or hosting guests. A formal dining room and private home office provide both sophistication and functionality. At the heart of the home, the beautifully appointed kitchen showcases solid surface countertops, stainless steel appliances, abundant cabinetry, and ample workspace--perfect for everything from casual meals to elegant dinner parties. The luxurious primary suite serves as a private sanctuary, offering two walk-in closets, dual vanities, a jetted tub, and a separate walk-in shower designed for everyday comfort and relaxation. Outdoor living is equally exceptional. An expansive covered pavilion creates the perfect setting for entertaining, outdoor dining, and weekend gatherings. While this home offers both attached and detached garages, the detached garage is a standout feature, offering not only extra parking but also a workshop, home gym, and a convenient rear-facing garage door for drive-in storage for lawn equipment. With ample space and a solid foundation, this versatile structure presents an excellent opportunity for conversion into additional living space--whether as a guest cottage, rental unit, or in-law suite. Significant improvements completed in 2022 provide lasting peace of mind and modern efficiency, including: * Culligan water softener and sulfur removal system * New pressure tank * New well pump, seal, piping * New Siemens interior electrical panel * New exterior electrical panel * Upgraded electrical panel in the detached garage * New HVAC system with Ecobee smart thermostat and upgraded return In addition, the interior was updated in 2025 to include new flooring, new interior paint, refinished kitchen and bathroom cabinets.The landscaping was updated spring of 2026. Combining exceptional indoor and outdoor living, extensive mechanical upgrades, interior updates and coveted access to Deer Point Lake, this remarkable property presents a rare opportunity to enjoy refined living in one of the area's most desirable settings. Schedule your private tour today and experience all this exceptional home has to offer.

Elementary School Middle School High School
Deer Point Elementary School Mowat Middle School Mosley High School
Price History
7/10/2026 Listed $575,000

General Features

Utilities Electricity Available
Property Subtype Single Family Residence
Tax Year 2025
County Bay
Property Type Residential
HOA false
Subdivision Name Spikes Addto Highpoint
Special Listing Conditions Listed As-Is
Status Active
Directions From the intersection of Martin Luther King Blvd and 231 travel North on 231 for 5.2 miles. Turn left on HWY 2321. Travel 1.2 miles. Turn right on Highpoint Road for 2.7 miles. Continue straight on Mittie Avenue for .2 miles. Turn right on Halsey Circle for .3 miles. Turn right on Deep Bayou Drive. Home is approximately 150 feet on your right.
High School Mosley
City Panama City
Zoning Description Resid Single Family
MLS Area 04 - Bay County - North
Lot Size Units Acres
Lot Size Square Feet 35719
Elementary School Deer Point
Land Lease Y/N false
Tax Annual Amount 6591.69
Middle/Junior High School Mowat
MLS Area Minor 0414 - Bay North - East Deerpoint/Bear Creek
Standard Status Active
Property Sub Type Additional Single Family Residence
Other Structures Second Garage,Workshop
Occupancy Type Occupied
Year Built 1989
Heating Central,Electric,ENERGY STAR Qualified Equipment,Forced Air,Fireplace(s),Humidity Control
Cooling Central Air,Ceiling Fan(s),Humidity Control
Appliances Electric Oven,Electric Range,Electric Water Heater,Ice Maker,Water Purifier Owned
Patio/Porch Features Covered,Patio,Porch
Construction Materials Brick,Vinyl Siding
Attached Garage false
Garage Y/N true
Total Rooms 15
Full Baths 3
Garage Spaces 3
Architectural Style Ranch
Stories Count 1
Levels One
Security Features Secured Garage/Parking,Security Lights,Smoke Detector(s)
New Construction false
Senior Community Y/N false
Roof Shingle

Interior Features

Total Baths 3
Interior Amenities Double Vanity,Jetted Tub,Main Level Primary,Separate Shower,Walk-In Closet(s)
Furnished Units None
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Total Bedrooms 4
LivingAreaSource Appraiser
Window Features Double Pane Windows
Total Stories 1
Fireplace Features Electric

Exterior Features

Lot Features Cul-De-Sac,Sprinkler System
Lot Size Area 0.82
Lot Dimensions 170.0 ft x 210.0 ft
Lot Size Acres 0.82
Parking Features Additional Parking,Garage,Garage Door Opener
Building Area Total 2670
Waterfront Y/N false
Exterior Amenities Fire Pit,Rain Gutters
Fencing Fenced,Privacy
Foundation Details Slab

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 32404

Price
AVG $330K
$580K
Taxes
AVG $1,960
$6,591
Year Built
AVG 2011
1989

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.