147 Lake Merial Shores Drive, Panama City, FL 32409 (MLS# 791960)

List Price/SqFt: 236.49

Status: Active

List Date: 2026-06-27

List Price: $989,000

Current Price: $989,000

Sub Area: 0413 - Bay North - Youngstown Area

Community/Resort: None

Waterfront: Yes

Gulf Access: No

Elementary School: Deane Bozeman

Middle School: Deane Bozeman

High School: Deane Bozeman

Directions: From Walmart Supercenter in Lynn Haven, head north on FL-77. Continue onto Hwy 77 for approximately 12 miles. Lake Merial gated subdivision will be located on the right. Enter through gate, and then proceed approximately .2 miles. Take your first left at the stop sign. Proceed approximately .5 miles and 147 Lake Merial Shores Dr. will be located on your left.

Area: 04 - Bay County - North

Street #: 147

Street Name: Lake Merial Shores

Street Suffix: Drive

State: FL

Zip Code: 32409

County: Bay

Subdivision: Lake Merial Phase One

Parcel ID: 07504-128-000

Legal Description: Lot 28, LAKE MERIAL PHASE ONE, according to the Plat as recorded in Plat Book 22, Pages 4, 5, 6, and 7, of the Public Records of Bay County, Florida (the ''Property'')

Acreage: 1.14

Design: Traditional

Lot Size (SqFt): 49658

Apx SqFt(Htd/Cooled): 4182

Immediate Occupancy: Yes

Construction Status: Construction Complete

SqFt Source: Prop App Site

Half Baths: 1

# of Stories in Building: 2

Lot Dimensions: 112.0 ft x 444.0 ft

New Construction: No

Garage Y/N: Yes

Garage Spaces: 3

Driveway Spaces: 8

Pool: No

Sub-Type: Detached Single Family

Bedrooms: 6

Full Baths: 3

Total Baths: 4

Year Built: 2013

Homestead: Yes

HOA Fee: Yes

HOA Amount: 353

HOA Frequency: Quarterly

HOA Annual Amount: 1412

Senior Community: No

Is Subject Leased: No

New Buyer Fee: No

Last Taxes: 4889.15

Last Tax Year: 2025

Brokerage Interest: No Interest

As Is: Yes

Section: 20

Township: 1S

Range: 14W

Remarks: ASSUMABLE VA LOAN AVAILABLE WITH AN INCREDIBLE 2.25% INTEREST RATE!** Rarely does a property offer this much space, privacy, and waterfront lifestyle in one package. Set on 1.14 acres with approximately 110 feet of frontage along the crystal-clear waters of Lake Merial, 147 Lake Merial Shores is a 4,182-square-foot waterfront retreat designed for those who believe home should be the gathering place for every holiday, celebration, and family milestone. Featuring six bedrooms, a bonus room, three-car garage and expansive indoor and outdoor living spaces, this remarkable estate is where unforgettable lake memories are made. From the moment you enter, soaring ceilings and beautiful hardwood flooring create an impressive first impression. To the left of the foyer, a stunning floor-to-ceiling custom library provides the perfect setting for a private office, reading retreat, or study. The private library showcases a custom rolling ladder that glides effortlessly along the entire room. Formal living and dining spaces offer flexibility for gatherings, while a dedicated dining room area with a private bar creates an inviting atmosphere for hosting family celebrations and holiday dinners. The grand living room serves as the heart of the home, featuring dramatic 18-foot ceilings and expansive windows that frame picturesque views of the lake beyond. A beautiful wood burning fireplace creates a warm focal point, flanked by custom built-in cabinetry that provides both elegant display space and functional storage while enhancing the room's timeless character. The well-appointed kitchen offers abundant cabinetry and storage throughout, including an extended custom storage area adjacent to the eat-in kitchen space, an uncommon and highly functional feature. A conveniently located half bath near the kitchen enhances the home's thoughtful design and provides added comfort for guests during gatherings and special occasions. The spacious primary suite is located on the first floor, creating a private retreat separate from the additional bedrooms. Upstairs, you'll find five generously sized bedrooms, two full bathrooms, and a massive bonus room large enough to serve as a home theater, game room, fitness area, or recreation space large enough for a pool table. Step outside and experience the true beauty of Lake Merial living. Outdoor living takes center stage with a covered back patio and an expansive paver terrace designed for entertaining and relaxation. A private paver pathway meanders through the backyard to the lakefront, creating a seamless connection to the waterfront lifestyle. Whether you're launching a kayak, casting a line, enjoying a sunset cruise, or simply unwinding by the water, Lake Merial becomes an extension of your backyard. The meticulously maintained grounds create a park-like setting, offering plenty of space for outdoor entertaining, backyard barbecues, family gatherings, and making memories with friends and neighbors. Imagine spending Independence Day watching fireworks illuminate the lake, enjoying golf cart rides through the neighborhood, and ending the evening gathered around the water with family. This is more than a home--it's a lifestyle. Lake Merial is one of Bay County's most sought-after waterfront communities, centered around a beautiful 300-acre spring-fed lake known for its clear waters and year-round recreational opportunities. Residents enjoy community events, walking trails, green spaces, and food truck nights. Defined by its scale, waterfront setting, and enduring craftsmanship, 147 Lake Merial Shores stands as a distinguished Lake Merial residence, offering the space, privacy, and versatility to accommodate generations while creating an exceptional backdrop for everyday living. As one of only a handful of homes of this size situated directly on the water within Lake Merial, this remarkable property represents a rare opportunity to own one of the community's most significant waterfron

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