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$625,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • Updated 15 hours ago
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Waterfront Luxury New Construction on Lullwater Lake! Introducing an exceptional waterfront residence on Lullwater Lake, where refined design meets effortless coastal elegance. This newly built two-story home offers 1,817 sq ft of curated living space, featuring 3 generously sized bedrooms, 2.5 designer baths, and a main-level primary suite for elevated comfort and privacy. Built with quality and efficiency in mind, highlights include hurricane-impact windows and exterior doors, a Taexx in-wall pest control system, reclaimed-water irrigation, gutters, wrap-around fencing, spray-foam roof deck insulation, and dual mini-split A/C units for individualized climate control upstairs and down. An oversized 1-car garage adds extra storage and convenience. Enjoy no HOA and no flood zone, plus a prime location just a short stroll to the beach, minutes from Pier Park for dining, shopping, and entertainment, and close to the recreation and sports facilities at Frank Brown Park Includes a 1-year builder warranty and 1-year transferable termite bond. Ideal as a primary residence, second home, or long-term investment in a peaceful community (short-term rentals not permitted). Schedule your private tour today and discover waterfront living at its finest.

Full Property Details for 227 Lullwater Dr

General

  • Price: $625,000
  • Taxes: $1,094 (2024)
  • Status: Active
  • Type: Single Family
  • Source: Bay_County
  • MLS ID: 778009
  • Updated: 2/26/2026
  • Added to Site: 1 day(s) ago

Interior

  • Number of Rooms: 11
  • Interior Features: Interior Steps
  • Appliances: ENERGY STAR Qualified Appliances, Electric Range, Electric Water Heater
  • Flooring: Luxury Vinyl Plank

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Security/Safety: Smoke Detector(s)

Exterior

  • Exterior Features: Deck
  • Porch/Patio/Deck: Deck, Covered, Porch

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking Features: Garage, Garage Door Opener, Paved

Location

  • County: Bay
  • Subdivision: El Centro Beach
  • Driving Directions: From Panama City Beach Pkwy turn south on Lullwater Drive. Home will be on left side, right before the first stop sign.

School Information

  • Elementary School: Hutchison Beach
  • Middle School: Surfside
  • High School: Arnold

Community

  • Community Name: 03 - Bay County - Beach

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s)
  • Heating Type: Central, Electric

Utilities

  • Utility Description: Electricity Available, Natural Gas Available

Structural Information

  • Architectural Style: Coastal
  • Construction: HardiPlank Type, Wood Frame
  • Roof: Metal
  • Windows: Storm Window(s)
  • Doors: Storm Door(s)
  • Stories/Levels: 2
  • Sq. Ft. Source: Plans
  • Year Built: 2025

Lot Features

  • Property View: Lake
  • Lot Size (Acres): 0.21
  • Lot Size (Sq. Ft.): 9,148
  • Lot Size: .21
  • Lot Dimensions: 70 x 131
  • Frontage: City Street
  • Lot Features: Sprinkler System, Paved
  • Zoning: Resid Single Family
  • Fencing (Description): Partial

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: Lake, Lake Front
  • Water Front View: Lake, Lake Front
  • Lake Front: Yes

Green Features

  • Energy Efficient: Appliances

Financial Considerations

  • Tax Amount: $1,094
  • Tax Year: 2024

Disclosures and Reports

  • Special Conditions: Listed As-Is
  • Legal Description: EL CENTRO BEACH MAP-29B4 LOT 23 BLK 33 ORB 1679 P 795
  • Property ID: 33646-010-000

Listed by Keller Williams Success Realty and Prok Invest LLC

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Listing agents

— 227 Lullwater Dr —

  • Keller Williams Success Realty

  • Prok Invest LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 227 Lullwater Dr

School District:Bay County School District
NameGradesDistance
Hutchison Beach Elementary School
12900 Middle Beach Rd, Panama City, FL 32407
K-53.3 mi
Surfside Middle School
300 Nautilus Street, Panama City Beach, FL 32413
6-82.2 mi
J.R. Arnold High School
550 North Alf Coleman Road, Panama City Beach, FL 32407
9-124.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 227 Lullwater Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/26/2026
Price Increased
$625,000
6.84%
MLS
8/21/2025
Listed
$585,000
82.24%
MLS
7/29/2024
Sold
$321,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 227 Lullwater Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,312
20%
$120,238
34%
2024
$1,094
12%
$89,964
21%
2023
$979
15%
$74,370
12%
2021
$852
-2%
$66,544
-5%
2022
$865
2%
$70,029
-5%
2021
$852
3%
$73,684
17%
2019
$828
8%
$63,239
10%
2018
$767
23%
$57,490
10%
2017
$622
-3%
$52,264
-5%
2016
$641
-3%
$54,892
—
2015
$661
-1%
$54,892
-1%
2014
$669
3%
$55,692
-7%
2013
$649
—
$59,690
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Keller Williams Success Realty and Prok Invest LLC

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227 Lullwater Drive, Panama City Beach, FL 32413 (MLS# 778009) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 227 Lullwater Drive is currently listed for $625,000 and was received on February 26, 2026. Want to learn more about 227 Lullwater Drive? Do you have questions about finding other Single Family real estate for sale in Panama City Beach? You can browse all Panama City Beach real estate or contact a Coldwell Banker agent to request more information.

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