
131 Legend Lakes Drive, Panama City Beach, FL 32408
Legend Lakes · Bay County
Key Facts
Description
Tucked behind the gates of Bay Point, a grand Southern, Colonial plantation-style estate set on nearly an acre of manicured grounds has been designed for families to enjoy for generations to come. A stunning, two and a half homesites in total overlooking the 6th green, this home truly impresses! At almost 4.700 square feet and sitting on one of the largest homesites in the community, you'll enjoy .87 acres overlooking a tranquil pond and private pool. A showstopper of acreage, views and privacy, this is a property that earns its reputation before you ever step through the door. The full-width, wrap-around porches and balconies spanning both levels set the tone immediately: this is a home built for living and blends the indoors and outdoors seamlessly. Step through the grand foyer and you'll see a thoughtful design with attention to family gatherings. To the right, a private home office with a full bath and direct access to the wrap-around patio, perfect for the executive who needs a true separation between work and home, or for guests who deserve their own wing. To the left, an extraordinary living room anchors the main level entertaining experience: a room large enough for pool, ping pong and more, including a wet bar and a fireplace, soaring high ceilings, and the energy of a space that has seen it's share of neighborhood family parties! This is the room that becomes part of your family's legend. A wine room positioned across from the formal dining room speaks to the home's commitment to entertaining done properly. The kitchen has been fully renovated and nothing short of spectacular. A built-in banquette for relaxed morning breakfasts. A dedicated coffee bar. A large island with waterfall countertops. Custom cabinetry, stainless appliances, and a layout that opens directly to a cozy living area and a screened porch, keeping the cook in your family connected to the conversation. Every detail here was considered! Step off the screened porch and into a backyard that redefines what outdoor living at the beach looks like. The pool and spa are stunning. They're built for long summer afternoons and evenings that never seem to end. Beyond the 40' pool, nearly an acre of lush, private lawn opens up into something rare in any gated community: space. Room for pickleball, bocce ball, basketball, batting practice, or whatever your family dreams up. And at the edge of it all, your own private dock on the pond overlooking the golf course. Upstairs, the primary suite is a true sanctuary. Spacious, serene, and anchored by a fully appointed en-suite bath with a soaking tub, a tiled walk-in shower, and double vanities. Step through to the full-width wrap-around balcony, your own private morning retreat with coffee in hand and nothing but pond and golf course views of Bay Point. Each of the remaining bedrooms offers its own en-suite bath, giving every member of the household the kind of privacy that keeps families at peace. A flex room at the top of the stairs rounds out the upper level, equally suited as a fitness room, a playroom, a study, or whatever the next chapter of your life requires. This home has been well-maintained and recently had the exterior completely repainted and is stunning from the moment you drive in the gates. Living at Legend Lakes means living inside one of the most coveted communities on the Gulf Coast. Bay Point is golf-cart friendly, gated, and layered with amenities that make every day feel like a vacation you never have to leave. Point South Marina. The Bay Point Golf Club. Neon's Bar 72. The Serenity full-service spa...all on site. And when the beach calls, you are ten minutes from some of the most beautiful white sand and turquoise waters on the Florida Panhandle. Keep your boat at the Point South Marina and never get in your car to hit the water - just a short 2 minute golf cart ride to your vessel! This is the home where your family builds its memories and legends begin.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Colonial
Year Built
1993
Living Area
4,677 sq ft
Lot Size
0.87 acres
Lot Dimensions
125 x 180
Garage Spaces
2
Days on Market
2
MLS® Listing#
791360
Property Features
- Interior:
- Double Vanity, Walk-In Closet(s)
- Exterior:
- Balcony, Dock
- Appliances:
- Electric Oven, Electric Water Heater, Gas Cooktop
- Cooling:
- Central Air, Ceiling Fan(s)
- Heating:
- Central, Electric
- Pool:
- Gas Heat, In Ground, Private
- Parking:
- Gated, Attached, Garage
- Patio:
- Porch, Covered, Screened
- Fencing:
- Full, Fenced
- Lot Features:
- Paved, Waterfront
- Construction:
- HardiPlank Type
- Roof:
- Composition, Shingle
- Security:
- Gated with Guard, Gated Community, Security Guard, Security Gate, 24 Hour Security
- Other Structures:
- Garage(s)
- Community:
- Gated, Golf, Playground
- Utilities:
- Cable Connected, Electricity Available, Underground Utilities
- Sewer:
- Public Sewer
Rooms
- 10 x 9First
- 23 x 15Second
- 23 x 12First
- Bedroom15 x 14Second
- Bedroom17 x 12Second
- Bedroom15 x 14Second
- Dining Room19 x 13First
- Family Room21 x 15First
- Living Room31 x 21First
- Office16 x 15First
Schools
- Elementary:
- Patronis
- Middle:
- Surfside
- High:
- Arnold
HOA & Tax
- HOA:
- Yes
- Annual Tax:
- $7,797 (2025)
- Parcel #:
- 31402-732-000
Directions
Heading south on Thomas Drive, turn left onto Magnolia Beach Road. Turn right onto Jan Cooley Drive. Turn left into Legend Hills at the security gate. Turn left onto Legend Lakes Drive. Home is on the end on your left.
Affordability Calculator
$279,800
Estimated monthly payment
$7,446/mo
Principal $1,119,200 · Est. interest $1,561,384 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Panama City Beach, FL
- $471,591
- Median Listing Price
- 116
- Median Days on Market
- 1,410
- Median Sq Ft
- $354
- Median Price / Sq Ft
- 31,816
- Active Listings
- This home’s price is 197% above the area median.
- Its price per sq ft is 15% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Panama City Beach, FL.
Location
- 131 Legend Lakes Drive, Panama City Beach, FL 32408
Nearby Schools
St Andrew School
School · 2.1 mi away
St. Andrew School at Oakland Terrace
Elementary · 2.3 mi away
Oakland Terrace School for the Arts
School · 2.3 mi away
St John Catholic School
School · 2.4 mi away
Renaissance School International
School · 2.4 mi away
Lucille Moore Elementary School
Elementary · 2.5 mi away
Patronis Elementary School
Elementary · 2.9 mi away
Palm Bay Preparatory Academy
Elementary · 3.1 mi away
Panama City Christian School
School · 3.1 mi away
North Bay Haven Charter Academy
School · 3.1 mi away
Bay Virtual Instruction Program (District Provided)
Secondary · 3.2 mi away
Bay District Schools
School · 3.2 mi away
Central High School
Secondary · 3.3 mi away
Gulf Coast School for Autism
School · 3.3 mi away
Covenant Christian School
School · 3.4 mi away
Bacot Academy
School · 3.5 mi away
Jinks Middle School
Secondary · 3.5 mi away
Northside Elementary School
Elementary · 3.6 mi away
Pre School
School · 3.7 mi away
Chautauqua Charter School
Secondary · 4.0 mi away
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EXIT Agents in Panama City Beach
Listing Courtesy: Corcoran Reverie - 8502315030

















