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$320,000
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Property Description
Welcome to your serene sanctuary on Lake Suzanne! This stunning 3-bedroom, 2-bathroom home offers an open floor plan perfect for entertaining and family gatherings. Step inside to discover stylish LVP flooring and cozy ceiling fans throughout, ensuring comfort in every season. Enjoy the tranquility of lakeside living with your own fishing dock, perfect for casting a line or soaking in breathtaking sunsets. The spacious backyard features a convenient storage shed for all your outdoor gear. With no HOA, you have the freedom to personalize your property as you wish! Don't miss out on the opportunity to own this slice of paradise-schedule your private tour today!
Full Property Details
Full Property Details for 7306 Rachel Way
General
- Sold For: $320,000
- Taxes: $2,610 (2024)
- Status: Closed
- Type: Single Family
- Source: Bay_County
- MLS ID: 778850
- Added to Site: 129 day(s) ago
Interior
- Number of Rooms: 3
- Appliances: Electric Range
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: Deck, Dock, Patio
- Porch/Patio/Deck: Deck, Patio
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Garage, Garage Door Opener
Location
- County: Bay
- Subdivision: Rachels Landing
- Driving Directions: Hwy 231 N, right on Bayou George, right on Rachel Way
School Information
- Elementary School: Tommy Smith
- Middle School: Merritt Brown
- High School: Rutherford
Community
- Community Name: 05 - Bay County - East
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Craftsman
- Construction: Brick
- Sq. Ft. Source: Appraiser
- Year Built: 2006
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Property View: Lake
- Lot Size (Acres): 0.32
- Lot Size (Sq. Ft.): 13,939
- Lot Size: .32
- Lot Dimensions: 91 x 155 x 104 x 111
- 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
Financial Considerations
- Tax Amount: $2,610
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: RACHEL'S LANDING 142D LOT 20 ORB 4660 P 1446
- Property ID: 05551-120-000
Listed by Realty One Group Emerald Coast
Sold by Prothro Real Estate & Associates
Get Pre-Approved Today
Schools
Schools serving 7306 Rachel Way
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Tommy Smith Elementary School 5044 Tommy Smith Drive, Panama City, FL 32404 | PK-5 | 2.6 mi |
Merritt Brown Middle School 5044 Merritt Brown Way, Panama City, FL 32404 | 6-8 | 2.6 mi |
Rutherford High School 1000 School Avenue, Panama City, FL 32401 | 6-8 | 8.7 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 7306 Rachel Way
Date
Details
Price
Change
Source
11/03/2025
Sold
$320,000
-3.76%
MLS
9/29/2025
Price Reduced
$332,500
-2.21%
MLS
9/11/2025
Listed
$340,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7306 Rachel Way, Panama City, FL 32404 (MLS# 778850) is a Single Family property that was sold at $320,000 on November 03, 2025. Want to learn more about 7306 Rachel Way? 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.

