Carillon Beach Cottage for Sale

This charming four-bedroom home at 121 Cottage Court in the Carillon Beach community of Panama City Beach is available as a wonderful beach vacation home or a lucrative rental investment property. It comes fully furnished with 2,337 square feet and can accommodate 11 beachgoers. It is currently on our acclaimed Ocean Reef Resorts rental management program and generated $60,000 in gross rental income in 2023. This year, it has already accrued $41,000 in gross income. This is unsurprising given its location in the idyllic Carillon Beach residential enclave, the only exclusively gated gulf-front community in Bay County.

Coast Awhile is nestled in the Carillon Beach community between a giant heart-shaped lagoon and the shimmering, sugary white shoreline, which spans 3,900 linear feet overlooking the glittering gulf. You may have seen this piece of paradise if you’ve ever crossed the bridge on Highway 98 into Bay County over Lake Powell, one of the largest coastal dune lakes in the world. This rare lake adjoins preserved natural forests, wetlands, hammocks, and dune systems. Such natural treasures are found in only four other parts of the entire planet, supporting abundant wildlife, a wide array of fish, and waterfowl. Residents enjoy fishing, bird watching, and paddleboard or kayak exploration of this adjacent coastal dune lake.

The first floor has a living area off the veranda out front with a dove-gray couch and three matching armchairs that face a large flatscreen TV mounted above a gas fireplace for entertainment. It is flanked on three sides with shelving that displays unique decorative art. The décor throughout this home is done in serene, pleasing pastel colors featuring seascapes, tropical prints, seashells, marine life, and nautical images.

The open walkthrough kitchen has malt-toned granite-topped entertainment bars on two sides with trios of straw-thatched square stools for enjoying favorite drinks and appetizers. Glass-front cabinets above each counter bar contain crystal, margarita, martini, and cocktail glasses. Brushed stainless steel appliances and creamy white custom cabinetry provide everything needed to create a fun family feast.

On the other side of the kitchen is a country-styled dining area with a rectangular natural hardwood-topped table and six whitewashed cottage-styled chairs. A half bath serves as a convenient powder room on this level.

The large, bright primary bedroom on the second floor has a wall with glass doors and two side windows that provide private access to the second-floor veranda. A king-size bed beside the doors and windows faces a flatscreen TV mounted on a white dresser next to an elegant antique chair.

Warm honey-toned hardwood flooring flows throughout while an ensuite bath includes a granite-topped cabinet with two vanity sinks, a walk-in shower, and a closet.

A charming guest bedroom on this level has a queen-size bed with a decorative metal headboard and tropically styled furnishings. It also has its own ensuite bath with a walk-in shower.

The third floor has another guest bedroom with a vaulted loft ceiling and a queen-size bed beneath a window, as well as a kid’s quarters with three custom-built twin-size beds.

An adjoining bonus living area has a dove-gray couch that can convert to a queen-size sleeper sofa and a loveseat facing a flatscreen TV in an open tropical cane cabinet. A round pedestal-based glass-topped table with two elegant hand-carved wooden ladder-back chairs with straw-woven seats sits near a glass door leading out to a breezy balcony. A full hall bath includes a walk-in shower.

Carillon Beach of Panama City Beach is an enchanting, golden Americana-styled pedestrian-friendly community that includes a village marketplace centered around a serene fountain courtyard with a captivating bell tower, specialty shops, restaurants, and bistros. A lovely village green hosts outdoor concerts and festivals. Besides the beautiful beach, this amazing place features three palatial swimming pools, tennis courts, a basketball court, and a playground for kids. The expansive, lavish, tropically landscaped grounds include garden promenades with meandering walkways showcasing sculptures, charming pavilions, and eight classically columned pergola dune walkovers that provide easy access to the bright beach.

This lovely beach vacation home, which can also serve as a lucrative vacation rental property, is listed for $1,899,999, which comes in at a bargain price of $813.00 per square foot. Currently, there are only three other comparable homes for sale in Carillon Beach. They range in price from $3,699,000 for an eight-bedroom home with 4,261 square feet to $5,950,000 for a four-bedroom home with 3,142 square feet. The total average price for all three other homes for sale in Carillon Beach is $1,172.98 per square foot.

Take advantage of this purchase opportunity by contacting our Ocean Reef Real Estate Sales team at 877-392-6085. We will provide you with a professional comparative market analysis showing complete details for the other three homes for sale here, any that may have pending contracts, and all those that have sold here within the past twelve months. Our Ocean Reef Resorts short-term rental management team can also provide a detailed report upon request showing the gross annual income for this home. Once you are well-informed, we will happily arrange your private tour. See you on the shore soon!