Listing provided courtesy of ERA Neubauer Real Estate, Inc- MLS# 791960MLS Provider

147 Lake Merial Shores DrivePanama City, FL 32409

Single Family · 6 Beds · 3 Full Baths · 1 Half Bath · 4,182 Sq. ft. | 1.14 Acres
$989,000 Active

147 Lake Merial Shores Drive Overview

Time on Site:
2 days
Visits:
0

ASSUMABLE 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. 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 waterfront estates.

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147 Lake Merial Shores Drive Facts & Features

  • Type Single Family
  • Sq. ft. 4,182
  • Price/Sq.ft. $236
  • Lot 1.14 Acres

Details

General

Association/HOA

  • Association Amenities: Other,See Remarks,Gated
  • Association: true

School Information

  • Elementary School: Deane Bozeman
  • Middle Or Junior School: Deane Bozeman
  • High School: Deane Bozeman

Building Information

  • New Construction: false
  • Year Built: 2013

Location/Region

  • County Or Parish: Bay
  • MLS Area Major: 04 - Bay County - North
  • MLS Area Minor: 0413 - Bay North - Youngstown Area
  • Postal City: Panama City
  • Subdivision Name: Lake Merial Phase One

Community/Development

  • Community Features: Boat Facilities,Dock,Fishing,Gated,Waterfront

Rent/Lease Information

  • Land Lease: false

Tax Information

  • Tax Annual Amount: 4889.15
  • Tax Year: 2025

General Information

  • Parcel Number: 07504-128-000
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: false
  • Special Listing Conditions: Listed As-Is

Interior

Parking Information

  • Garage Spaces: 3.0
  • Garage: true

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Half: 1
  • Bathrooms Total: 4
  • Bedrooms Total: 6

Building Interior

  • Building Area Total: 4182.0

General Information

  • Appliances: Electric Cooktop,Electric Oven,Electric Range,Electric Water Heater,Ice Maker
  • Foundation Details: Slab
  • Interior Features: Double Vanity,Main Level Primary,Soaking Tub,Separate Shower,Walk-In Closet(s),Pantry
  • Levels: Two
  • Living Area Source: Appraiser
  • Rooms Total: 19
  • Security Features: Security Gate
  • Stories: 2
  • Stories Total: 2
  • Units Furnished: None

Exterior

Parking Information

  • Parking Features: Additional Parking,Paved,Gated

Lot Information

  • Lot Features: Sprinkler System
  • Lot Size Acres: 1.14
  • Lot Size Area: 1.14
  • Lot Size Dimensions: 112.0 ft x 444.0 ft
  • Lot Size Square Feet: 49658.0
  • Lot Size Units: Acres

Waterfront/View

  • Waterfront Features: Lake,Lake Front,See Remarks
  • Waterfront: true

Building Exterior/Construction

  • Architectural Style: Traditional
  • Attached Garage: false
  • Construction Materials: Brick
  • Patio And Porch Features: Covered,Patio,Porch
  • Roof: Shingle

General Information

  • Road Frontage Type: Private Road
  • Sewer: Public Sewer
  • Utilities: Cable Connected,Electricity Available,Underground Utilities

Room Information

Room: Breakfast Room/Nook

  • Level: First
  • Dimensions: 13 x 9.11
  • Length: 13.0
  • Width: 9.11
  • Description: Measurements are not exact; Buyer to verify

Room: Dining Room

  • Level: First
  • Dimensions: 11.5 x 13.9
  • Length: 11.5
  • Width: 13.9
  • Description: Measurements are not exact; Buyer to verify

Room: Garage

  • Level: First
  • Dimensions: 20.1 x 38.8
  • Length: 20.1
  • Width: 38.79
  • Description: 3 CAR GARAGE; Measurements are not exact; Buyer to verify

Room: Half Bath

  • Level: First
  • Dimensions: 6.6 x 5.3
  • Length: 6.6
  • Width: 5.3
  • Description: Measurements are not exact; Buyer to verify

Room: Kitchen

  • Level: First
  • Dimensions: 18.3 x 17.1
  • Length: 18.3
  • Width: 17.1
  • Description: Measurements are not exact; Buyer to verify

Room: Library

  • Level: First
  • Dimensions: 15.2 x 13.4
  • Length: 15.2
  • Width: 13.4
  • Description: Measurements are not exact; Buyer to verify

Room: Pantry

  • Level: First
  • Dimensions: 5.11 x 5.3
  • Length: 5.11
  • Width: 5.3
  • Description: Measurements are not exact; Buyer to verify

Room: Patio

  • Level: First
  • Dimensions: 44.2 x 12.4
  • Length: 44.2
  • Width: 12.4
  • Description: Measurements are not exact; Buyer to verify

Room: Porch

  • Level: First
  • Dimensions: 14.8 x 12.9
  • Length: 14.8
  • Width: 12.9
  • Description: Measurements are not exact; Buyer to verify

Room: Primary Bathroom

  • Level: First
  • Dimensions: 15.2 x 10.1
  • Length: 15.2
  • Width: 10.1
  • Description: Measurements are not exact; Buyer to verify

Room: Primary Bedroom

  • Level: First
  • Dimensions: 15.2 x 15.11
  • Length: 15.2
  • Width: 15.11
  • Description: Measurements are not exact; Buyer to verify

Room: Bedroom

  • Level: Second
  • Dimensions: 17.11 x 10.11
  • Length: 17.11
  • Width: 10.11
  • Description: Measurements are not exact; Buyer to verify

Room: Bedroom

  • Level: Second
  • Dimensions: 11.8 x 10.9
  • Length: 11.8
  • Width: 10.9
  • Description: Measurements are not exact; Buyer to verify

Room: Bedroom

  • Level: Second
  • Dimensions: 15.2 x 10.11
  • Length: 15.2
  • Width: 10.11
  • Description: Measurements are not exact; Buyer to verify

Room: Bedroom

  • Level: Second
  • Dimensions: 13.1 x 10.11
  • Length: 13.1
  • Width: 10.11
  • Description: Measurements are not exact; Buyer to verify

Room: Bedroom

  • Level: Second
  • Dimensions: 13.5 x 15.5
  • Length: 13.5
  • Width: 15.5
  • Description: Measurements are not exact; Buyer to verify

Room: Bonus Room

  • Level: Second
  • Dimensions: 17.7 x 24.1
  • Length: 17.7
  • Width: 24.1
  • Description: Measurements are not exact; Buyer to verify

Room: Full Bath

  • Level: Second
  • Dimensions: 11.7 x 4.11
  • Length: 11.7
  • Width: 4.11
  • Description: Measurements are not exact; Buyer to verify

Room: Full Bath

  • Level: Second
  • Dimensions: 4.11 x 10.11
  • Length: 4.11
  • Width: 10.11
  • Description: Measurements are not exact; Buyer to verify

147 Lake Merial Shores Drive Neighborhood

Community

32409 (Panama City) Demographics

43
Median Age
119
Population Density (per sq. mile)
23%
College Educated
$56,789
Estimated Median Income
3,369
Estimated Total Home Owners
422
Estimated Total Renters
89% / 11%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

147 Lake Merial Shores Drive Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

147 Lake Merial Shores Drive Market Data

Based on the last 30 days in this zip code

$529,491
Average List Price
$221
Average Price per Square Foot
21
Properties Sold
64
Average Days on Market
154
Properties for Sale
Calculations provided by Reliance Network

147 Lake Merial Shores Drive History

Date Event Value Agent
6/27/2026Source: Central Panhandle MLS Added to Database
June 27, 2026