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$364,900
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Property Description
Welcome to 5535 Mars Hill Lane, where comfort meets value! This beautiful home comes with a 3.75% VA assumable loan, requiring low equity, offering an incredible opportunity for first-time homebuyers to take advantage of today's market. Inside, you'll find a bright and functional layout designed for modern living. The home is equipped with a whole-home water softener and filtration system, ensuring clean and fresh water throughout. All appliances, including the washer and dryer come with the home. Step outside to enjoy the covered back patio overlooking the fully fenced backyard with a 6' privacy fence perfect for pets, play, or entertaining. Conveniently located near shopping, dining, and local attractions, including Majette Park with Its Disc Golf Course, catch-and-release fishing, and walking/running tracks, this home seamlessly blends everyday convenience with exceptional value. All furniture is available to purchase with the home.
Full Property Details
Full Property Details for 5535 Mars Hl Ln
General
- Price: $364,900
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 779767
- Updated: 12/1/2025
- Added to Site: 108 day(s) ago
Interior
- Number of Rooms: 7
- Appliances: Electric Oven, Electric Range, Electric Water Heater, Plumbed For Ice Maker
- Flooring: Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Additional Information
- Security/Safety: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior
- Porch/Patio/Deck: Covered, Patio
Parking
- Garage: Yes
- Garage Spaces: 2
Location
- County: Bay
- Subdivision: Mars Hill
- Driving Directions: From Panama City, travel Hwy 231 North. Take a right onto John Pitts Road and Mars Hill will be a few miles on your left, past Betty Lane.
School Information
- Elementary School: Tommy Smith
- Middle School: Merritt Brown
- High School: Rutherford
Community
- Community Name: 05 - Bay County - East
- Association: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Heat Pump
- Heating Type: Heat Pump
Utilities
- Sewer: Public Sewer
- Utility Description: Electricity Available
Structural Information
- Architectural Style: Ranch
- Windows: Double Pane Windows
- Stories/Levels: 1
- Sq. Ft. Source: Plans
- Year Built: 2021
Lot Features
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,841
- Lot Size: .18
- Lot Dimensions: 65 x 120
- Lot Features: Paved
- Zoning: Resid Single Family
- Fencing (Description): Full, Fenced, Privacy
Disclosures and Reports
- Legal Description: Mars Hill Lot 40 ORB 4387 P 478
- Property ID: 05658-450-400
Listed by LPT Realty LLC
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Schools
Schools serving 5535 Mars Hl Ln
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Tommy Smith Elementary School 5044 Tommy Smith Drive, Panama City, FL 32404 | PK-5 | 2.4 mi |
Merritt Brown Middle School 5044 Merritt Brown Way, Panama City, FL 32404 | 6-8 | 2.3 mi |
Rutherford High School 1000 School Avenue, Panama City, FL 32401 | 6-8 | 7.9 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 5535 Mars Hl Ln
Date
Details
Price
Change
Source
11/19/2025
Price Reduced
$364,900
-1.35%
MLS
10/01/2025
Listed
$369,900
9.97%
MLS
10/12/2021
Sold
$336,375
—
Public Record
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
Tax History for 5535 Mars Hl Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,535
-7%
$283,016
-6%
2023
$3,817
1421%
$301,617
1331%
2021
$251
-92%
$21,077
-92%
2022
$3,284
—
$280,943
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5535 Mars Hl Ln
5535 Mars Hill Lane, Panama City, FL 32404 (MLS# 779767) is a Single Family property with 4 bedrooms and 2 full bathrooms. 5535 Mars Hill Lane is currently listed for $364,900 and was received on October 01, 2025. Want to learn more about 5535 Mars Hill Lane? Do you have questions about finding other Single Family real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

