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131 Legend Lakes Drive, Panama City Beach, FL 32408

Legend Lakes · Bay County

Key Facts

4Beds
4Baths
4,677Sq Ft
1993Year Built
0.87Lot (acres)
2Garage

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

The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Central Panhandle Association of REALTORS®. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by CentralPanhandleAssociationOfRealtors. MLS® Listing#791360. © 2026EXIT Realty®. All rights reserved.