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$525,000
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.
Tour with a local agent
Contact agent
| Date | Event | Price |
|---|---|---|
| 2026-08-28T00:00:00.000Z | Listed for sale | $525,000$280/sqft |
Brian Clowdus
Christies International Real Estate Emerald Coast
Brokerage Phone: 850-213-2800
Source: Emerald Coast MLS · MLS #1010789
Data Powered by Home Junction, Inc.
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Nearby amenity locations include data © OpenStreetMap contributors.