4917 High Point Drive, Panama City

$525,000

4 Beds
2 Baths
1,876 Sqft
.71 Acre
2 Garages

Rare waterfront freedom meets elevated design on the peaceful shores of Deerpoint Lake. Situated at 4917 High Point Dr, this exceptional estate spans a rare double lot featuring 160 feet of direct shoreline. The four-bedroom residence has been completely transformed with a refined rustic modern aesthetic--seamlessly pairing rich organic textures, architectural warmth, and clean contemporary finishes. Sun-drenched living areas frame stunning water views, offering an effortless flow designed for both quiet everyday relaxation and high-end entertaining.

The expansive grounds deliver unprecedented versatility and long-term value. In addition to the main four-bedroom home, the property showcases a massive pole barn built to accommodate oversized boat storage, RV parking, a custom workshop, or a recreational compound.

Crucially, the unique double-lot footprint provides rare strategic potential: keep the entire footprint as an ultra-private waterfront domain, expand your compound, or build and sell a second independent residence for capital gain. Whether you are searching for a private freshwater retreat, a multi-structure sanctuary, or a smart real estate investment with built-in development flexibility on Deerpoint Lake, this Panama City offering stands in a class of its own.

Essential Information
MLS® #1010789
Price$525,000
Bedrooms4
Bathrooms2.00
Full Baths2
Square Footage1,876
Acres0.71
Year Built1968
TypeResidential
Sub-TypeDetached Single Family
StyleCabin
StatusActive
Community Information
Address4917 High Point Drive
Area27 - Bay County
SubdivisionNO RECORDED SUBDIVISION
CityPanama City
CountyBay
StateFL
Zip Code32404
Amenities
# of Garages2
ViewRiver
Is WaterfrontYes
WaterfrontRiver Front
Utilities

Electric, Private Well, Septic Tank

Parking

Detached Carport, Detached, Garage Detached, Oversized, RV Access/Parking

Interior
Interior FeaturesKitchen Island
CoolingCentral Air
# of Stories1
Appliances

Cooktop, Dishwasher, Microwave, Refrigerator

Exterior
Exterior FeaturesDock
Lot DescriptionWithin 1/2 Mile to Water
RoofMetal
ConstructionBlock, Wood Siding
School Information
ElementaryDeer Point
MiddleMerritt Brown
HighMosley
Additional Information
ZoningResid Single Family
Office

Christies International Real Estate Emerald Coast

Property History
Price Reduced from $540,000 to $525,000
Price Reduced from $560,000 to $540,000
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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.
Vendors Member Number : 28325

Listing information last updated on October 15th, 2026 at 6:07am CDT.