111 Lake Merial Boulevard, Panama City, FL 32409

Property Description

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Lakefront Living in the Gated Community of Lake Merial Welcome to 111 Lake Merial Blvd, a spacious lakefront property offering flexibility, privacy, and room for everyone. With 5 bedrooms and 4.5 bathrooms, plus a 940 sq ft detached in-law suite with an ADDITIONAL 2 bedrooms and 1 bath, this property is ideal for multi-generational living, extended guests, or those who simply want space to spread out. Main Home Interior Step inside to freshly painted spaces with new trim, hardwood floors, tray ceilings, and thoughtful upgrades throughout. The living room features an electric fireplace with built-in air purifier, creating a comfortable gathering space for family and friends. The kitchen and dining areas are designed for entertaining or everyday meals together. The primary suite includes a spa-like bathroom and a large walk-in closet, while the upstairs main bedroom is equipped with surround sound, perfect for relaxing or creating a true media retreat. Garage & Property Configuration This property offers the best of both worlds with a functional 786 sq ft attached 3-car garage featuring a custom epoxy floor and wiring for a Tesla/EV charger, along with a separate detached 940 sq ft in-law suite that was converted from the original detached garage. Detached In-Law Suite Located just down the stone steps from the main home, the detached suite includes two bedrooms, a fully completed bathroom, living area, kitchenette, and mud room entry. It also features a dedicated 50-gallon hot water heater, ensuring comfortable independent living. A large upstairs storage space provides convenient access for seasonal items and family keepsakes. This flexible space works well as a guest retreat, home office, studio, or multi-generational living quarters. Outdoor Lifestyle Situated on nearly an acre (.843 acres), the outdoor space was designed for both entertaining and relaxation. Enjoy: • A shaded back porch ideal for morning coffee or evening sunsets • A brand-new gazebo with electricity that can serve as an outdoor office or entertaining area • A 6-person hot tub positioned perfectly for stargazing • A freshly sanded private beach area along the lake for gatherings or peaceful evenings by the water • Mature landscaping highlighted by a 20-year-old palm tree The oversized driveway easily accommodates 20+ vehicles, making it ideal for hosting family events, parties, or simply giving kids plenty of room for bikes, basketball, and outdoor play. Utilities & Efficiency This property is designed with efficiency and practicality in mind. • Paid-off solar panels help reduce energy costs • Two separate 50-gallon hot water heaters (one for the main home and one for the in-law suite) • Two wells with an irrigation system for maintaining the landscaping • Whole-house hurricane shutters for added peace of mind • Lakefront property that is NOT located in a flood zone Community Lifestyle Lake Merial offers a unique lifestyle with two private lakes for fishing, kayaking, and boating, along with a central park featuring a book exchange, gathering space, and community activities. Sidewalks and walking trails run throughout the neighborhood, including a trail that connects directly to Deane Bozeman School, making daily routines easy and convenient. Behind the gates you'll find peace, privacy, and nature, while still being just minutes from Lynn Haven, Panama City, and the Gulf Coast beaches. This property combines space, flexibility, and lakefront living in one of the area's most desirable communities. Schedule your private showing today and experience everything this unique Lake Merial property has to offer.