5 Blue Crab Lane, Panama City Beach, FL 32413

$2,950,000
4
BD
5
BA

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List Price
$2,950,000
Price Change
▼ $1,000,000 1778550353
MLS#
780535
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family Residence
Bedrooms
4
Bathrooms
5
Lot Size
39,204
Neighborhood
Beach - North West

Property Description

Tucked along the quiet shoreline of Lake Powell, this spacious home offers a rare mix of privacy, comfort, and everyday livability. With 5 bedrooms, 5 bathrooms, and over 4,600 square feet, this home welcomes you with its soaring multi-level design and expansive outdoor areas tailored for both relaxation and grand entertaining. Set on nearly an acre along beautiful Lake Powell with 147 feet of pristine dune lake frontage, the property feels private and peaceful while still being close to the beach and the rest of Panama City Beach. Inside, you'll find an open gourmet kitchen and working pantry that connects easily to the main living areas, a custom fireplace, and plenty of natural light. Spacious bedrooms throughout the home provide flexibility for family and guests, and the expansive third-floor deck has the best views on the lake. With its own private dock, the lake becomes an extension of the backyard. Step outside to enjoy the screened pool, large deck, boat slip, and parking for up to ten vehicles. Recent updates include a new roof in 2025 and a heated and cooled garage. With exquisite craftsmanship throughout and panoramic lake views from nearly every vantage point, this property is a rare gem for discerning buyers seeking coastal elegance and lakefront living. Located in the gated community of Palmetto Bluff, residents enjoy a large neighborhood green space and community dock. Recently appraised at $4.2 million, this home is priced to sell.

Additional Information

Acres
0.90
Elementary School
West Bay
Exterior Features
Boat Slip, Deck
High School
Arnold
Lot Dimensions
150 x 247
Middle School
Surfside
Neighborhood
Beach - North West
Subdivision
Palmetto Bluff
Utilities
Electricity Available
Waterfront
Yes
Waterview
Lake
Year Built
1987

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Calculator source: Real Geeks

Listing courtesy of Holiday Beach Real Estate Inc.