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4 Beds
2 Baths
1,876 sqft

$525,000

4917 High Point Drive, Panama City FL, 32404

Price per sqft$279.85
Built in1968
Property size1,876 sqft
Property typeResidential

Overview

Active

Listed Aug 28, 2026

Updated 2 weeks ago

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.

$3,493/mo

Est. mortgage payment based on a $525,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1010789

Interior Features

Bedrooms
4
Bathrooms
2
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.71 Acres

Other Property Details

Taxes
$4,851
Tax Frequency
Annually
Garage
Yes
View
Yes
Waterfront
Yes
MLS provider logo

Courtesy of Christies International Real Estate Emerald Coast, 
Listing Contact: 256-504-3799 

IDX 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. Neither listing broker(s) nor Eagle Bay Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 5:38 AM UTC, 9/19/2026

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