5108 Deep Bayou Drive Panama City, FL 32404
Listing Courtesy of: CENTRAL PANHANDLE / Listed By: Kimberly Smith, Corcoran Reverie; Melanie Allen, Reverie

  5108 Deep Bayou Drive Panama City, FL 32404

Active (7 Days)
$575,000 (USD)
4
BED
3
BATH
2,670
SQFT
OPEN HOUSE TIMES
  • OPEN
    Sun, Jul 19
    12:30 pm - 3:30 pm

Description

Perfectly positioned on an oversized corner lot in a quiet cul-de-sac, this beautifully updated residence offers the rare combination of timeless elegance, modern upgrades, and access to the pristine waters of Deer Point Lake.

Designed with both comfort and entertaining in mind, the thoughtfully crafted floor plan is filled with natural light and generous living spaces. The impressive living room features an electric fireplace and flows seamlessly into a heated and cooled sunroom, creating an inviting year-round retreat for relaxing or hosting guests. A formal dining room and private home office provide both sophistication and functionality.

At the heart of the home, the beautifully appointed kitchen showcases solid surface countertops, stainless steel appliances, abundant cabinetry, and ample workspace--perfect for everything from casual meals to elegant dinner parties.

The luxurious primary suite serves as a private sanctuary, offering two walk-in closets, dual vanities, a jetted tub, and a separate walk-in shower designed for everyday comfort and relaxation.

Outdoor living is equally exceptional. An expansive covered pavilion creates the perfect setting for entertaining, outdoor dining, and weekend gatherings. While this home offers both attached and detached garages,
the detached garage is a standout feature, offering not only extra parking but also a workshop, home gym, and a convenient rear-facing garage door for drive-in storage for lawn equipment. With ample space and a solid foundation, this versatile structure presents an excellent opportunity for conversion into additional living space--whether as a guest cottage, rental unit, or in-law suite.

Significant improvements completed in 2022
provide lasting peace of mind and modern efficiency, including:

* Culligan water softener and sulfur removal system
* New pressure tank
* New well pump, seal, piping
* New Siemens interior electrical panel
* New exterior electrical panel
* Upgraded electrical panel in the detached garage
* New HVAC system with Ecobee smart thermostat and upgraded return

In addition, the interior was updated in 2025 to include new flooring, new interior paint, refinished kitchen and bathroom cabinets.The landscaping was updated spring of 2026.

Combining exceptional indoor and outdoor living, extensive mechanical upgrades, interior updates and coveted access to Deer Point Lake, this remarkable property presents a rare opportunity to enjoy refined living in one of the area's most desirable settings. Schedule your private tour today and experience all this exceptional home has to offer.

MLS #:
792455
Taxes
$6,592(2025)
Lot Size
0.82 acres
Type
Single-Family Home
Year Built
1989
Style
Ranch
County
Bay County
Community
Spikes Addto Highpoint

Listed By

Kimberly Smith, Corcoran Reverie
Melanie Allen, Corcoran Reverie
Source
CENTRAL PANHANDLE
Last checked Jul 17 2026 at 3:47 AM GMT-0600
Bathroom Details
  • Full Bathrooms: 3
Interior Features
  • Electric Oven
  • Electric Range
  • Electric Water Heater
  • Ice Maker
  • Windows: Double Pane Windows
  • Water Purifier Owned
  • Main Level Primary
  • Walk-In Closet(s)
  • Separate Shower
  • Double Vanity
  • Jetted Tub
Subdivision
  • Spikes Addto Highpoint
Lot Information
  • Cul-De-Sac
  • Sprinkler System
Property Features
  • Fireplace: Electric
  • Foundation: Slab
Heating and Cooling
  • Electric
  • Central
  • Fireplace(s)
  • Forced Air
  • Humidity Control
  • Ceiling Fan(s)
  • Central Air
Exterior Features
  • Roof: Shingle
Utility Information
  • Utilities: Electricity Available
School Information
  • Elementary School: Deer Point
  • Middle School: Mowat
  • High School: Mosley
Parking
  • Garage
  • Additional Parking
  • Garage Door Opener
Stories
  • 1
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Disclaimer: Copyright 2026 Central Panhandle MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 7/16/26 20:47