- Overview
- Description
- Property Details
- Location
- HOA Management
- Facts & Features
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$949,000
Monthly Est:$4,724
6 Beds
- 4 Baths
3 full baths + 1 half bath
4,182sqft
147 Lake Merial Shrs Dr, Panama City, FL 32409
$949,000
$4,724/moEst:
Get Pre-Approved
Single Family Residence
Built in 2013
$117.67/mo HOA
1.14 acres lot
$227/sq.ft
Description
ASSUMABLE LOAN AVAILABLE WITH AN INCREDIBLE 2.25% INTEREST RATE!*
Rarely does a property offer this much space, privacy, and waterfront lifestyle in one package. Set on 1.14 acres with approximately 110 feet of frontage along the crystal-clear waters of Lake Merial, 147 Lake Merial Shores is a 4,182-square-foot waterfront retreat designed for those who believe home should be the gathering place for every holiday, celebration, and family milestone. Featuring six bedrooms, a bonus room, three-car garage and expansive indoor and outdoor living spaces, this remarkable estate is where unforgettable lake memories are made.
From the moment you enter, soaring ceilings and beautiful hardwood flooring create an impressive first impression. To the left of the foyer, a stunning floor-to-ceiling custom library provides the perfect setting for a private office, reading retreat, or study. The private library showcases a custom rolling ladder that glides effortlessly along the entire room. Formal living and dining spaces offer flexibility for gatherings, while a dedicated dining room area with a private bar creates an inviting atmosphere for hosting family celebrations and holiday dinners. The grand living room serves as the heart of the home, featuring dramatic 18-foot ceilings and expansive windows that frame picturesque views of the lake beyond. A beautiful wood burning fireplace creates a warm focal point, flanked by custom built-in cabinetry that provides both elegant display space and functional storage while enhancing the room's timeless character.
The well-appointed kitchen offers abundant cabinetry and storage throughout, including an extended custom storage area adjacent to the eat-in kitchen space. A conveniently located half bath near the kitchen enhances the home's thoughtful design and provides added comfort for guests during gatherings and special occasions. The spacious primary suite is located on the first floor, creating a private retreat separate from the additional bedrooms.
Upstairs, you'll find five generously sized bedrooms, two full bathrooms, and a massive bonus room large enough to serve as a home theater, game room, fitness area, or recreation space large enough for a pool table.
Step outside and experience the true beauty of Lake Merial living. Outdoor living takes center stage with a covered back patio and an expansive paver terrace designed for entertaining and relaxation. A private paver pathway meanders through the backyard to the lakefront, creating a seamless connection to the waterfront lifestyle. Whether you're launching a kayak, casting a line, or enjoying a sunset cruise, Lake Merial becomes an extension of your backyard. The meticulously maintained grounds create a park-like setting, offering plenty of space for outdoor entertaining, backyard barbecues, family gatherings, and making memories with friends and neighbors. Imagine spending Independence Day watching fireworks illuminate the lake, enjoying golf cart rides through the neighborhood, and ending the evening gathered around the water with family.
Lake Merial is one of Bay County's most sought-after waterfront communities, centered around a beautiful 300-acre spring-fed lake known for its clear waters and year-round recreational opportunities. Residents enjoy community events, walking trails, green spaces, and food truck nights.
Defined by its scale, waterfront setting, and enduring craftsmanship, this home stands as a distinguished Lake Merial residence, offering the space, privacy, and versatility to accommodate generations while creating an exceptional backdrop for everyday living. As one of only a handful of homes of this size situated directly on the water within Lake Merial, this remarkable property represents a rare opportunity to own one of the community's most significant waterfront estates.
- Houzeo last checked: 1 hour ago
- Listing updated: October 2, 2026 at 8:15 pm
- Listing Provided by: Kaci A Hawes (850) 628-4537 DRE #SL3441260 | ERA Neubauer Real Estate, Inc (850) 872-3434
- Source: Bay/Panama City/Central Panhandle MLS-FL | MLS#: 791960

Property Details
Status
Active
Type
Single Family Residence
No. of Stories
2
County
City
Neighborhood
--
Year Built
2013
HOA Fees
$117.67/mo
Finished Area
4,182 sqft
Lot Size
1.14 acres lot
Basement Area
- sqft
MLS Name
Bay/Panama City/Central Panhandle MLS
MLS Number
791960
MLS Status
Active
Days on Market
103
Cumulative Days on Market
97

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Location
HOA Management
N/A
HOA Fees
$353/ Quarterly
Amenities
Amenities and services may be covered by one or multiple associations and service providers.
Security Gate
Maintenance
deck
LegalAccounting
FishingRights
Other
AssociationManagement
SeeRemarks
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 4
Porch
Level: First
Area: 190.92 Square Feet
Dimensions: 14.8 x 12.9
BreakfastRoomNook
Level: First
Area: 118.43 Square Feet
Dimensions: 13 x 9.11
Pantry
Level: First
Area: 27.08 Square Feet
Dimensions: 5.11 x 5.3
Kitchen
Level: First
Area: 312.93 Square Feet
Dimensions: 18.3 x 17.1
DiningRoom
Level: First
Area: 159.85 Square Feet
Dimensions: 11.5 x 13.9
Library
Level: First
Area: 203.68 Square Feet
Dimensions: 15.2 x 13.4
HalfBath
Level: First
Area: 34.98 Square Feet
Dimensions: 6.6 x 5.3
FullBath
Level: Second
Area: 48.09 Square Feet
Dimensions: 11.7 x 4.11
FullBath
Level: Second
Area: 41.55 Square Feet
Dimensions: 4.11 x 10.11
BonusRoom
Level: Second
Area: 426.57 Square Feet
Dimensions: 17.7 x 24.1
Bedroom
Level: Second
Area: 172.98 Square Feet
Dimensions: 17.11 x 10.11
Bedroom
Level: Second
Area: 128.62 Square Feet
Dimensions: 11.8 x 10.9
Bedroom
Level: Second
Area: 153.67 Square Feet
Dimensions: 15.2 x 10.11
Bedroom
Level: Second
Area: 132.44 Square Feet
Dimensions: 13.1 x 10.11
Bedroom
Level: Second
Area: 209.25 Square Feet
Dimensions: 13.5 x 15.5
PrimaryBathroom
Level: First
Area: 153.52 Square Feet
Dimensions: 15.2 x 10.1
PrimaryBedroom
Level: First
Area: 229.67 Square Feet
Dimensions: 15.2 x 15.11
Garage
Level: First
Area: 779.88 Square Feet
Dimensions: 20.1 x 38.8
Patio
Level: First
Area: 548.08 Square Feet
Dimensions: 44.2 x 12.4
Interior
Cooling
Central Air, Ceiling Fans
Sewer
Public Sewer
Heating
Central, Electric, Fireplaces
Appliances
Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Ice Maker
Interior Features
Double Vanity, Main Level Primary, Soaking Tub, Separate Shower, Walk In Closets, Pantry
Construction
Year Built
Year Built: 2013
Home type
Single Family Residence
Construction Materials
Brick
Architectural Style
Traditional
Foundation Details
Slab
Roof
Shingle
Utilities & Energy
Parking Features
Additional Parking, Paved, Gated
Security Features
Security Gate
Association Amenities
Other, See Remarks, Gated
Utilities
Cable Connected, Electricity Available, Underground Utilities
Other Features
Subdivision Name
Lake Merial Phase One
Lot Features
Sprinkler System
Patio And Porch Features
Covered, Patio, Porch
Community Features
Boat Facilities, Dock, Fishing, Gated, Waterfront
Price History
| Date | Event | Price |
|---|---|---|
09/23/2026 Source: | Price Decreased | $949,000 -2.06% $227/sqft |
07/31/2026 Source: | Price Decreased | $969,000 -2.02% $232/sqft |
06/27/2026 Source: | Listed for Sale | $989,000 $236/sqft |
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Based on information from Central Panhandle Association of REALTORS® MLS through Oct 09, 2026, 12:00PM. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2026 Bay Central Panhandle Association of REALTORS®
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