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$397,900
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Property Description
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Located on a desirable corner lot, this 5-bedroom, 3-bathroom house offers the perfect blend of style, comfort, and convenience. With an open floor plan and modern SMART home features, this home is designed for both entertaining and relaxation. As you step inside, you'll be greeted by the beauty of luxurious LVP flooring that flows seamlessly throughout the main living areas. The heart of this home is undoubtedly the expansive kitchen, with a large island that invites friends and family to gather. This kitchen will make meal prep a breeze, while the adjoining dining and living areas provide ample space for creating memories. Retreat to the spacious master suite complete with a private bathroom and walk-in closet. Four additional bedrooms provide flexibility for family, guests, or a home office. No matter your needs, this home adapts effortlessly to your lifestyle. Step outside to discover a fully fenced backyard, perfect for pets or children to play freely. The screened-in covered porch offers the ideal outdoor space for morning coffee or evening gatherings, all while enjoying the gentle breeze. For the active lifestyle, you'll be thrilled to find that this home is just a stone's throw away from a multi-use park featuring walking trails, disc golf, fishing ponds, and sports fields. Whether you're seeking adventure or simply a place to relax, this community has it all. Don't miss the opportunity to call this exceptional property home. Schedule your private showing today!
Full Property Details
Full Property Details for 5575 Mars Hl Ln
General
- Price: $397,900
- Taxes: $3,228 (2025)
- Status: Under Contract
- Type: Single Family
- Source: Bay_County
- MLS ID: 787826
- Updated: 5/20/2026
- Added to Site: 49 day(s) ago
Interior
- Number of Rooms: 5
- Appliances: Electric Cooktop, Electric Oven, Electric Range
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Parking
- Garage: Yes
- Garage Spaces: 2
Location
- County: Bay
- Subdivision: Mars Hill
- Driving Directions: From Star Ave/231, turn onto John Pitts Rd. Turn left into Mars Hill after traveling east on John Pitts for 2 miles
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
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Utility Description: Electricity Available
Structural Information
- Architectural Style: Craftsman
- Construction: Vinyl Siding
- Roof: Composition, Shingle
- Sq. Ft. Source: Appraiser
- Year Built: 2022
Lot Features
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 9,148
- Lot Size: .21
- Lot Dimensions: 75 x 120
- Lot Features: Paved
- Zoning: Resid Single Family
- Fencing (Description): Fenced
Financial Considerations
- Tax Amount: $3,228
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: MARS HILL LOT 52 ORB 4643 P 2253
- Disclosures/Rstr.: Accepting Backup Offers
- Property ID: 05658-450-520
Listed by Realty One Group Emerald Coast
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Schools
Schools serving 5575 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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5575 Mars Hl Ln
Date
Details
Price
Change
Source
4/15/2026
Price Reduced
$397,900
-0.5%
MLS
4/02/2026
Listed
$399,900
10.47%
MLS
12/09/2022
Sold
$362,000
—
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 5575 Mars Hl Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,250
—
$302,254
-1%
2024
$3,250
2%
$304,179
3%
2023
$3,186
1169%
$295,319
1301%
2021
$251
-40%
$21,077
-42%
2022
$421
—
$36,473
—
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 5575 Mars Hl Ln
5575 Mars Hill Lane, Panama City, FL 32404 (MLS# 787826) is a Single Family property with 5 bedrooms and 3 full bathrooms. 5575 Mars Hill Lane is currently listed for $397,900 and was received on April 02, 2026. Want to learn more about 5575 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.

