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147 Lake Merial Shores Drive
Panama City, FL 32409

$989,000 - Status: Active
Bed Icon Beds: 6
Bath Icon Baths: 3 full 1 partial
Sq Feet Icon SQFT (H&C): 4,182
MLS Icon MLS# 791960

ASSUMABLE LOAN AVAILABLE WITH AN INCREDIBLE 2. 25% INTEREST RATE!** Rarely does a property offer this much space, privacy, and waterfront lifestyle in one package. Set on 1. 14 acres with approximately 110 feet of frontage along the crystal-clear waters of Lake Merial, 147 Lake Merial Shores is a 4,182-square-foot waterfront retreat designed for those who believe home should be the gathering place for every holiday, celebration, and family milestone. Featuring six bedrooms, a bonus room, three-car garage and expansive indoor and outdoor living spaces, this remarkable estate is where unforgettable lake memories are made. From the moment you enter, soaring ceilings and beautiful hardwood flooring create an impressive first impression. To the left of the foyer, a stunning floor-to-ceiling custom library provides the perfect setting for a private office, reading retreat, or study. The private library showcases a custom rolling ladder that glides effortlessly along the entire room. Formal living and dining spaces offer flexibility for gatherings, while a dedicated dining room area with a private bar creates an inviting atmosphere for hosting family celebrations and holiday dinners. The grand living room serves as the heart of the home, featuring dramatic 18-foot ceilings and expansive windows that frame picturesque views of the lake beyond. A beautiful wood burning fireplace creates a warm focal point, flanked by custom built-in cabinetry that provides both elegant display space and functional storage while enhancing the room's timeless character. The well-appointed kitchen offers abundant cabinetry and storage throughout, including an extended custom storage area adjacent to the eat-in kitchen space. A conveniently located half bath near the kitchen enhances the home's thoughtful design and provides added comfort for guests during gatherings and special occasions. The spacious primary suite is located on the first floor, creating a private retreat separate from the additional bedrooms. Upstairs, you'll find five generously sized bedrooms, two full bathrooms, and a massive bonus room large enough to serve as a home theater, game room, fitness area, or recreation space large enough for a pool table. Step outside and experience the true beauty of Lake Merial living. Outdoor living takes center stage with a covered back patio and an expansive paver terrace designed for entertaining and relaxation. A private paver pathway meanders through the backyard to the lakefront, creating a seamless connection to the waterfront lifestyle. Whether you're launching a kayak, casting a line, enjoying a sunset cruise, or simply unwinding by the water, Lake Merial becomes an extension of your backyard. The meticulously maintained grounds create a park-like setting, offering plenty of space for outdoor entertaining, backyard barbecues, family gatherings, and making memories with friends and neighbors. Imagine spending Independence Day watching fireworks illuminate the lake, enjoying golf cart rides through the neighborhood, and ending the evening gathered around the water with family. This is more than a home--it's a lifestyle. Lake Merial is one of Bay County's most sought-after waterfront communities, centered around a beautiful 300-acre spring-fed lake known for its clear waters and year-round recreational opportunities. Residents enjoy community events, walking trails, green spaces, and food truck nights. Defined by its scale, waterfront setting, and enduring craftsmanship, 147 Lake Merial Shores

Property Features

MLS#: 791960
Zip: 32409
Subdivision: Lake Merial Phase One
Development: 0413 - Bay North - Youngstown Area
Property Type: Residential - Single Family
Cooling: Central Air, Ceiling Fan(s)
Days on Site: 3
Garage: 3
Heating: Central, Electric, Fireplace(s)
Home Style: Traditional
Lot Size: 1.14 acres
Roof Type: Shingle
Stories: 2.0
Taxes: $4,889
Year Built: 2013
SQFT (H&C): 4,182

Feature Descriptions

Appliances: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Ice Maker
Association Amenities: Other, See Remarks, Gated
Community Features: Boat Facilities, Dock, Fishing, Gated, Waterfront
Exterior: Brick
Interior Features: Double Vanity, Main Level Primary, Soaking Tub, Separate Shower, Walk-In Closet(s), Pantry
Lot Description: Sprinkler System
Lot Dimensions: 112.0 ft x 444.0 ft
Parcel#: 07504-128-000
Parking: Additional Parking, Paved, Gated
Parking Notes: Additional Parking, Paved, Gated
Patio/Porch: Covered, Patio, Porch
Security: Security Gate
Sewer: Public Sewer
Special View Info: Lake, Water
Utilities: Cable Connected, Electricity Available, Underground Utilities
Waterfront: Lake, Lake Front, See Remarks

Room Sizes

Porch: 14.8 X 12.9 Level - First
Breakfast Room/ Nook: 13 X 9.11 Level - First
Pantry: 5.11 X 5.3 Level - First
Kitchen: 18.3 X 17.1 Level - First
Dining Room: 11.5 X 13.9 Level - First
Library: 15.2 X 13.4 Level - First
Half Bath: 6.6 X 5.3 Level - First
Full Bath: 11.7 X 4.11 Level - Second
Full Bath: 4.11 X 10.11 Level - Second
Bonus Room: 17.7 X 24.1 Level - Second
Bedroom: 17.11 X 10.11 Level - Second
Bedroom: 11.8 X 10.9 Level - Second
Bedroom: 15.2 X 10.11 Level - Second
Bedroom: 13.1 X 10.11 Level - Second
Bedroom: 13.5 X 15.5 Level - Second
Primary Bathroom: 15.2 X 10.1 Level - First
Primary Bedroom: 15.2 X 15.11 Level - First
Garage: 20.1 X 38.8 Level - First
Patio: 44.2 X 12.4 Level - First

Local Schools

High School: Deane Bozeman
Middle School: Deane Bozeman
Elementary School: Deane Bozeman

147 Lake Merial Shores Drive | MLS# 791960

This single family home located at 147 Lake Merial Shores Drive, Panama City, FL 32409 is currently listed for sale with an asking price of $989,000. This property was built in 2013 and has 6 bedrooms and 3 full and 1 partial baths with 4182 sq. ft. Lake Merial Shores Drive is located in the Lake Merial Phase One subdivision. Search Lake Merial Phase One real estate on lkasparyan.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: ERA Neubauer Real Estate, Inc

Shown By

Agent Name: Lana Kasparyan
Agent Phone: (850) 960-7251
Agency Title: Beachy Beach Real Estate

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/01/2026. The listing information on this page last changed on 07/01/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 07/01/2026 6:28:47 AM EST) or Emerald Coast MLS (last updated Wed 07/01/2026 12:05:22 AM EST) or Central Panhandle Association of Realtors (last updated Wed 07/01/2026 1:17:16 AM EST). Real estate listings held by brokerage firms other than Beachy Beach Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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