7831 Highway 2311, Panama City

$935,000

5 Beds
4 Baths
3,413 Sqft
1.12 Acres
2 Garages

Experience true enchantment at 7831 Highway 2311 on Deer Point Lake. This iconic 5BR/4.5BA estate offers a rare ''floating'' experience, sitting less than 25 feet from the water--a grandfathered proximity impossible to replicate today. Originally a 1950s cottage, this 3,400+ SF masterpiece blends historic charm with Architectural Digest luxury. Discover an open-concept interior with soaring ceilings, luxury appliances, and reclaimed heart pine/Amish oak floors. The 1-acre grounds feature a ''Secret Garden,'' 152ft of sunset-facing waterfront, a private dock, and a lakeside fire pit. With two master suites and panoramic views, this home marries old-world soul with modern innovation. A must-see waterfront sanctuary that defines luxury lakeside living.

Essential Information
MLS® #999234
Price$935,000
Sold Price$915,000
Date Sold$2026-06-15
Bedrooms5
Bathrooms4.00
Full Baths3
Half Baths1
Square Footage3,413
Acres1.12
Year Built2010
TypeResidential
Sub-TypeDetached Single Family
StyleCraftsman
StatusSold
Community Information
Address7831 Highway 2311
Area27 - Bay County
SubdivisionNO RECORDED SUBDIVISION
CityPanama City
CountyBay
StateFL
Zip Code32404
Amenities
# of Garages2
ViewLake
Is WaterfrontYes
WaterfrontLake Front
Utilities

Electric, Gas - Natural, Private Well, Septic Tank

Parking

Boat, Oversized, RV Access/Parking, Garage

Interior
HeatingCentral, Gas - Natural
CoolingCentral Air
FireplaceYes
FireplacesFireplace Gas
# of Stories2
Interior Features

Bookcases, Kitchen Island, Recessed Lighting

Appliances

Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer

Exterior
Lot DescriptionWithin 1/2 Mile to Water
WindowsWindow Treatments
RoofComposite Shngl, Metal
ConstructionSiding CmntFbrHrdBrd
Exterior Features

Balcony, Columns, Dock, Yard Building

School Information
ElementaryDeer Point
MiddleMerritt Brown
HighMosley
Additional Information
Days on Website208
ZoningResid Single Family
Office

Christies International Real Estate Emerald Coast

Property History
Price Reduced from $949,000 to $935,000
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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.

Listing information last updated on October 24th, 2026 at 7:22pm CDT.