Ranch

5108 Deep Bayou Drive

Panama City, FL 32404

MLS#: 794433

$575,000

Status: Active

Listing number: 794433

Listing provided by: Corcoran Reverie

Listing agent phone: None

Last update: a day ago

New on site 1 day ago

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Property

Beds

Full Baths

1/2 Baths

None

Year Built

1989

Sq.Footage

2,670

Perfectly positioned on an oversized corner lot in a quiet cul-de-sac, this beautifully updated residence offers the rare combination of timeless elegance, modern upgrades, and access to the pristine waters of Deer Point Lake. Designed with both comfort and entertaining in mind, the thoughtfully crafted floor plan is filled with natural light and generous living spaces. The impressive living room features an electric fireplace and flows seamlessly into a heated and cooled sunroom, creating an inviting year-round retreat for relaxing or hosting guests. A formal dining room and private home office provide both sophistication and functionality. At the heart of the home, the beautifully appointed kitchen showcases solid surface countertops, stainless steel appliances, abundant cabinetry, and ample workspace--perfect for everything from casual meals to elegant dinner parties. The luxurious primary suite serves as a private sanctuary, offering two walk-in closets, dual vanities, a jetted tub, and a separate walk-in shower designed for everyday comfort and relaxation. Outdoor living is equally exceptional. An expansive covered pavilion creates the perfect setting for entertaining, outdoor dining, and weekend gatherings. While this home offers both attached and detached garages, the detached garage is a standout feature, offering not only extra parking but also a workshop, home gym, and a convenient rear-facing garage door for drive-in storage for lawn equipment. With ample space and a solid foundation, this versatile structure presents an excellent opportunity for conversion into additional living space--whether as a guest cottage, rental unit, or in-law suite. Significant improvements completed in 2022 provide lasting peace of mind and modern efficiency, including: * Culligan water softener and sulfur removal system * New pressure tank * New well pump, seal, piping * New Siemens interior electrical panel * New exterior electrical panel * Upgraded electrical panel in the detached garage * New HVAC system with Ecobee smart thermostat and upgraded return In addition, the interior was updated in 2025 to include new flooring, new interior paint, refinished kitchen and bathroom cabinets.The landscaping was updated spring of 2026. Combining exceptional indoor and outdoor living, extensive mechanical upgrades, interior updates and coveted access to Deer Point Lake, this remarkable property presents a rare opportunity to enjoy refined living in one of the area's most desirable settings. Schedule your private tour today and experience all this exceptional home has to offer.

Features & Amenities

Interior

Other Interior Features

Double Vanity, Walk-In Closet(s)
Total Bedrooms

4
Bathrooms

3
Cooling YN

YES
Cooling

Central Air, Ceiling Fan(s), Humidity Control
Fireplace YN

YES
Heating YN

YES
Heating

Central, Electric, ENERGY STAR Qualified Equipment, Forced Air, Fireplace(s), Humidity Control
Pet friendly

N/A

Exterior

Garage

Yes
Garage spaces

3
Construction Materials

Brick, Vinyl Siding
Other Exterior Features

Fire Pit, Rain Gutters
Parking

Additional Parking, Garage, Garage Door Opener
Patio and Porch Features

Covered, Patio, Porch
Pool

No
Waterfront YN

NO

Area & Lot

Lot Features

Cul-De-Sac
Lot Size(acres)

0.82
Lot Size(square feet)

35,719
Property Type

Residential
Property Sub Type

SingleFamilyResidence
Architectural Style

Ranch

Price

Sales Price

$575,000
Tax Amount

$6,591.69
Zoning

Resid Single Family
Sq. Footage

2,670
Price/SqFt

$215

HOA

Association

No

School District

Elementary School

Deer Point
Middle School

Merritt Brown
High School

Mosley

Property Features

Stories

1
New Construction

NO
Foundation Details

Slab
Senior Community YN

NO

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Showing scheduled successfully.

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Location

County

Bay

Elementary School

Deer Point

Middle School

Merritt Brown

High School

Mosley

Listing Courtesy of Kimberly E Smith , Corcoran Reverie

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

REALTOR®

Celeste Rustin

Call Celeste today to schedule a private showing.

(850) 238-9595

Celeste@GulfLifeGo.com

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Perfectly positioned on an oversized corner lot in a quiet cul-de-sac, this beautifully updated residence offers the rare combination of timeless elegance, modern upgrades, and access to the pristine waters of Deer Point Lake.

Designed with both comfort and entertaining in mind, the thoughtfully crafted floor plan is filled with natural light and generous living spaces. The impressive living room features an electric fireplace and flows seamlessly into a heated and cooled sunroom, creating an inviting year-round retreat for relaxing or hosting guests. A formal dining room and private home office provide both sophistication and functionality.

At the heart of the home, the beautifully appointed kitchen showcases solid surface countertops, stainless steel appliances, abundant cabinetry, and ample workspace--perfect for everything from casual meals to elegant dinner parties.

The luxurious primary suite serves as a private sanctuary, offering two walk-in closets, dual vanities, a jetted tub, and a separate walk-in shower designed for everyday comfort and relaxation.

Outdoor living is equally exceptional. An expansive covered pavilion creates the perfect setting for entertaining, outdoor dining, and weekend gatherings. While this home offers both attached and detached garages,
the detached garage is a standout feature, offering not only extra parking but also a workshop, home gym, and a convenient rear-facing garage door for drive-in storage for lawn equipment. With ample space and a solid foundation, this versatile structure presents an excellent opportunity for conversion into additional living space--whether as a guest cottage, rental unit, or in-law suite.

Significant improvements completed in 2022
provide lasting peace of mind and modern efficiency, including:

* Culligan water softener and sulfur removal system
* New pressure tank
* New well pump, seal, piping
* New Siemens interior electrical panel
* New exterior electrical panel
* Upgraded electrical panel in the detached garage
* New HVAC system with Ecobee smart thermostat and upgraded return

In addition, the interior was updated in 2025 to include new flooring, new interior paint, refinished kitchen and bathroom cabinets.The landscaping was updated spring of 2026.

Combining exceptional indoor and outdoor living, extensive mechanical upgrades, interior updates and coveted access to Deer Point Lake, this remarkable property presents a rare opportunity to enjoy refined living in one of the area's most desirable settings. Schedule your private tour today and experience all this exceptional home has to offer.

5108 Deep Bayou Drive

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Ranch

Features & Amenities

Interior

Exterior

Area & Lot

Price

HOA

School District

Property Features

Schedule a Showing

Mortgage calculator

Listing Courtesy of Kimberly E Smith , Corcoran Reverie

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