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$900,000
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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*
Full Property Details
Full Property Details for 331 Moonlight Bay Dr
General
- Sold For: $900,000
- Taxes: $7,965 (2025)
- Status: Closed
- Type: Single Family
- Source: Bay_County
- MLS ID: 790244
- Added to Site: 86 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: Main Level Primary
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Private
Parking
- Garage: Yes
- Garage Spaces: 2
Location
- County: Bay
- Subdivision: Colony Club
- Driving 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.
School Information
- Elementary School: Hutchison Beach
- Middle School: Surfside
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
Utilities
- Sewer: Public Sewer
- Utility Description: Cable Connected
Structural Information
- Architectural Style: Craftsman
- Sq. Ft. Source: Appraiser
- Year Built: 2018
Lot Features
- Lot Size (Acres): 0.44
- Lot Size (Sq. Ft.): 19,166
- Lot Size: .44
- Lot Dimensions: 110 x 176
Financial Considerations
- Tax Amount: $7,965
- Tax Year: 2025
Disclosures and Reports
- Legal Description: COLONY CLUB HARBOUR PHASE 2 LOT 16 BLK C ORB 4448 P 282
- Property ID: 32736-064-000
Listed and Sold by Think Real Estate
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Schools
Schools serving 331 Moonlight Bay Dr
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Hutchison Beach Elementary School 12900 Middle Beach Rd, Panama City, FL 32407 | K-5 | 1.9 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 1.5 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 331 Moonlight Bay Dr
Date
Details
Price
Change
Source
8/24/2026
Sold
$900,000
-3.22%
MLS
7/08/2026
Price Reduced
$929,900
-2.01%
MLS
6/01/2026
Listed
$949,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
331 Moonlight Bay Drive, Panama City Beach, FL 32407 (MLS# 790244) is a Single Family property that was sold at $900,000 on August 24, 2026. Want to learn more about 331 Moonlight Bay 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.

