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Single family home for sale at 147 Lake Merial Shrs Dr, Panama City, FL 32409 | MLS# 791960 | Listing updated on 2026-10-02
Photo 1 of Single family home for sale at 147 Lake Merial Shrs Dr, Panama City, FL 32409 | MLS# 791960 | Listing updated on 2026-10-02
Photo 2 of Single family home for sale at 147 Lake Merial Shrs Dr, Panama City, FL 32409 | MLS# 791960 | Listing updated on 2026-10-02
Photo 3 of Single family home for sale at 147 Lake Merial Shrs Dr, Panama City, FL 32409 | MLS# 791960 | Listing updated on 2026-10-02
Photo 4 of Single family home for sale at 147 Lake Merial Shrs Dr, Panama City, FL 32409 | MLS# 791960 | Listing updated on 2026-10-02
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$949,000

Monthly Est:$4,724

  • Beds Icon6 Beds
  • Beds Icon
    4 Baths
  • Beds Icon4,182sqft

147 Lake Merial Shrs Dr, Panama City, FL 32409

$4,724/moEst:

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  • 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 Bay/Panama City/Central Panhandle MLS-FL

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    2

  • County

    Bay County

  • City

    Panama 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 Security Gate

Maintenance Maintenance

deck deck

LegalAccounting LegalAccounting

FishingRights FishingRights

Other Other

AssociationManagement AssociationManagement

SeeRemarks 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

DateEventPrice

09/23/2026

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #791960

Price Decreased

$949,000 -2.06%

$227/sqft

07/31/2026

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #791960

Price Decreased

$969,000 -2.02%

$232/sqft

06/27/2026

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #791960

Listed for Sale

$989,000

$236/sqft

Nearby Homes

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®

Advertising Broker: Moe Mossa (Savvy Avenue) | Savvy Avenue, LLC