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$1,700,000
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Property Description
A rare and luxurious waterfront offering, this stunning lagoon-front residence sits on just under 1 acre, delivering privacy, breathtaking views, and an elevated coastal lifestyle. Encompassing 3,384 square feet, this 4-bedroom, 3.5-bath residence is filled with soaring ceilings, expansive windows, and an abundance of natural light that frames the serene lagoon from nearly every room. Designed for both elegant living and entertaining, the home features a remodeled kitchen that serves as the heart of the residence perfect for hosting gatherings while enjoying water views. Light pours into the living spaces, enhancing the open feel between indoor and outdoor living. The home offers three gas fireplaces, adding warmth and ambiance throughout. All windows and doors have been replaced with hurricane rated systems installed to current code. The roof was replaced in May of 2024 and includes a 10 year workman warranty. The outdoor setting is equally impressive, highlighted by a large, private pool and a dock with the potential to create a custom boat oasis. Whether relaxing poolside or launching a day on the water, the backyard provides a tranquil and luxurious escape. The entire second floor is dedicated to the primary suite, offering a private retreat complete with a spacious bedroom, en-suite bath, and a private balcony that is great for enjoying a morning coffee or watching unforgettable sunsets over the lagoon. Upon arrival, the home makes a striking first impression with a beautifully landscaped front yard, and mature trees. A 3-car garage offers generous space for vehicles or storage, adding both convenience and versatility. With its commanding waterfront presence, refined interior spaces, and exceptional outdoor potential, this extraordinary property presents a rare opportunity to own a truly refined lagoon-front retreat. Information contained within this listing such as lot dimensions, is deemed to be accurate but is not guaranteed. Buyer to verify.
Full Property Details
Full Property Details for 8127 N Lagoon Dr
General
- Sold For: $1,700,000
- Taxes: $6,594 (2025)
- Status: Closed
- Type: Single Family
- Source: Bay_County
- MLS ID: 783869
- Added to Site: 172 day(s) ago
Interior
- Number of Rooms: 8
- Interior Features: Balcony, Double Vanity, Fireplace, Bath in Primary Bedroom, Soaking Tub, Separate Shower, Upper Level Primary, Walk-In Closet(s)
- Fireplace: Yes
- Fireplace(s): Gas
- Appliances: Electric Cooktop
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground, Private
- Security/Safety: Security System
Exterior
- Exterior Features: Dock, Patio
- Porch/Patio/Deck: Balcony, Enclosed, Covered, Patio
Parking
- Garage: Yes
- Garage Spaces: 3
Location
- County: Bay
- Subdivision: No Named Subdivision
- Driving Directions: From Thomas Dr. and HWY 98, go South on Thomas Drive for approximately three miles. Turn right/West onto North Lagoon Drive. The property will be on the left/South in approximately two miles.
School Information
- Elementary School: Patronis
- Middle School: Surfside
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
Heating & Cooling
- Heating Type: Fireplace(s)
Structural Information
- Architectural Style: Traditional
- Construction: Stucco
- Stories/Levels: 2
- Sq. Ft. Source: Appraiser
- Year Built: 1999
Lot Features
- Property View: Lagoon
- Lot Size (Acres): 0.87
- Lot Size (Sq. Ft.): 37,897
- Lot Size: .87
- Lot Dimensions: 100 x 380 x 101 x 384
- Lot Features: Sprinkler System, Paved
- Fencing (Description): Partial
Water Features
- Water Front: Yes
- Water Front Desc.: Lagoon
- Water Front View: Lagoon
Financial Considerations
- Tax Amount: $6,594
- Tax Year: 2025
Disclosures and Reports
- Legal Description: 5 4S 15W -1.1G6- 58A3 COM AT SE COR OF SEC TH W 2591.64' NELY 224.68' TO SLY R/W N LAG DR NWLY 2255.80' FOR POB TH CONT NWLY 100.07' SWLY 380' TO GRAND LAGOON SELY 100' NLY 392' M/L TO POB ORB 1545 P 75
- Property ID: 30166-044-030
Listed by Rosemary Beach Realty, LLC
Sold by Local Insight Realty
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Schools
Schools serving 8127 N Lagoon Dr
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Breakfast Point Academy 601 N Richard Jackson Boulevard, Panama City Beach, FL 32407 | K-8 | 2.9 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 3.7 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 8127 N Lagoon Dr
Date
Details
Price
Change
Source
7/10/2026
Sold
$1,700,000
-10.53%
MLS
6/11/2026
Price Reduced
$1,900,000
-5%
MLS
1/19/2026
Listed
$2,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8127 N Lagoon Drive, Panama City, FL 32408 (MLS# 783869) is a Single Family property that was sold at $1,700,000 on July 10, 2026. Want to learn more about 8127 N Lagoon Drive? 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.

