This hidden gem just became an even more incredible value. Owner has lowered the price for you to get the most for your purchasing dollar. And it gets better! Seller will provide up to one year of HOA dues for an acceptable offer. So act while it's still available and start living a life of luxury. Welcome to the cozy grandeur of Waterhaven, Panama City Beach's most prestigious bayfront community. Recently updated with over $50, 000 in enhancements, this 4-bedroom, 4.5-bath home perfectly balances sophistication and practicality, featuring a separate carriage house that's ideal for guests or multigenerational living. As you enter, you'll be greeted by luxury vinyl plank flooring, fresh designer paint, upgraded lighting fixtures, and stylish ceiling fans throughout. The gourmet kitchen is a chef's paradise, showcasing a spacious island, freshly painted cabinetry, and premium appliances, including a Viking range, Subzero refrigerator, new Bosch dishwasher, microwave, ice-maker, and a beverage fridge at the wet bar. French doors from the dining room lead to a serene private courtyard, perfect for unwinding or entertaining under the stars. The home is adorned with exquisite details, such as intricate wood trim, crown molding, tray ceilings, and thoughtfully curated wallpaper accents. Above the two-car garage, the fully equipped carriage house offers a private getaway, complete with its own kitchen, full bath, and cozy sitting area, providing exceptional flexibility for extended family, guests, or a home office. Waterhaven is a gated, bayfront community that features an array of resort-style amenities, including a bayfront pool, expansive private pier, a community clubhouse featuring a theater, kitchen, fitness center, outdoor grilling station, and a grand meeting room for special events.
Property Features
Other Rooms
- Total Rooms: 13
- Dimensions: 10' x 12'
- Level: First
- Description: Approx.
- BonusRoom Dimensions: 24.9' x 14.2'
- BonusRoom Level: Third
- BonusRoom Description: Approx. Includes dormer
- DiningRoom Dimensions: 11' x 10.6'
- DiningRoom Level: First
- DiningRoom Description: Approx.
- Foyer Dimensions: 7.8' x 8.1'
- Foyer Level: First
- Foyer Description: Approx.
- Kitchen Dimensions: 12' x 10.8'
- Kitchen Level: Second
- Kitchen Description: Carriage house. Approx.
- Kitchen Dimensions: 17' x 13.6'
- Kitchen Level: First
- Kitchen Description: Approx.
- Laundry Dimensions: 6' x 13.6'
- Laundry Level: First
- Laundry Description: Approx.
- LivingRoom Dimensions: 23' x 17'
- LivingRoom Level: First
- LivingRoom Description: Approx.
- LivingRoom Dimensions: 24' x 9.9'
- LivingRoom Level: Second
- LivingRoom Description: Carriage house. Approx.
- PrimaryBathroom Dimensions: 13.9' x 9.11'
- PrimaryBathroom Level: Second
- PrimaryBathroom Description: Approx.
- Entry Foyer Dimensions: 7.8' x 8.1'
- Living Room Dimensions: 24' x 9.9'
- Entry Foyer Level: First
- Living Room Level: Second
- Entry Foyer Description: Approx.
- Living Room Description: Carriage house. Approx.
Appliances
Bedrooms
- Bedrooms: 4
- Primary Bedroom Dimensions: 14.7' x 13.1'
- 2nd Primary Bedroom Dimensions: 14.7' x 13.1'
- Bedroom 1 Dimensions: 12' x 14'
- Bedroom 2 Dimensions: 12' x 14'
- Primary Bedroom Level: Second
- 2nd Primary Bedroom Level: Second
- Bedroom 1 Level: Second
- Bedroom 2 Level: Second
- Primary Bedroom Description: Approx.
- 2nd Primary Bedroom Description: Approx.
- Bedroom 1 Description: Approx.
- Bedroom 2 Description: Approx.
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- 1/2 Bathrooms: 1
- Primary Bathroom Dimensions: 13.9' x 9.11'
- Primary Bathroom Level: Second
- Primary Bathroom Description: Approx.
Interior Features
- InteriorSteps
- EntranceFoyer
- Flooring: LuxuryVinylPlank
- Window Features: DoublePaneWindows
Heating and Cooling
- Cooling Features: CentralAir, Ductless
- Heating Features: Central, Ductless, Electric
- Heating: Yes
Kitchen and Dining
- Dining Room Description: Approx.
- Dining Room Dimensions: 11' x 10.6'
- Dining Room Level: First
- Kitchen Description: Carriage house. Approx.
- Kitchen Dimensions: 12' x 10.8'
- Kitchen Level: Second
- 2nd Kitchen Description: Approx.
- 2nd Kitchen Dimensions: 17' x 13.6'
- 2nd Kitchen Level: First
Exterior and Lot Features
- BoatSlip
- BoatRamp
- Dock
- Patio
- Courtyard
- Other Structures: GuestHouse
- Patio And Porch Features: Balcony, Patio, Covered, Porch
- Road Frontage Type: PrivateRoad
- Patio: Yes
- Porch: Yes
Pool and Spa
- Pool Features: Fenced, InGround
Waterfront and Water Access
Land Info
- Land Lease: No
- Lot Description: Paved
- Lot Size Dimensions: 0x0
Manufactured and Mobile Info
Garage and Parking
- Garage Spaces: 2
- Garage Description: Approx.
- Parking Features: AdditionalParking, Garage, GarageDoorOpener, Gated
- Garage Dimensions: 24.3' x 21.4'
Home Features
- View: Bay
- Other Equipment: AirPurifier
- Security Features: GatedCommunity, SecurityFence, SecurityLights, SecurityGate
Homeowners Association
- Association: Yes
- Association Amenities: Marina, BusinessCenter, Dock, Gazebo, BoatSlip, Storage
- Senior Community: No
School Information
- Elementary School: Patronis
- High School: Arnold
- Middle School: Surfside
Amenities and Community Features
- Community Features: Barbecue, Beach, BoatFacilities, BusinessCenter, Clubhouse, Dock, FitnessCenter, Fishing, GameRoom, Marina, Park, Waterfront, Gated
Other Property Info
- Annual Tax Amount: 6340
- Source Listing Status: Pending
- County: Bay
- Directions: From US 98, turn on to Navy Blvd. In 2.1 miles turn left onto Magnolia Beach Rd. In 1.8 Miles turn into gate on left side. Turn right onto Cobalt Circle and unit is on your left.
- Tax Year: 2024
- Restrictions: NoShortTermRentals
- Source Property Type: Residential
- Area: 03 - Bay County - Beach
- Property Subtype: condo
- MLS Area Minor: 0319 - Beach - East
- Source Neighborhood: Waterhaven
- Parcel Number: 40000-050-070
- Postal City: Panama City
- State Region: FL
- Subdivision: Waterhaven
- Zoning Description: Resid Single Family
- Property Subtype: Condominium
Building and Construction
- Year Built: 2007
- Building Area Total: 2860
- Construction Materials: HardiplankType
- Levels: ThreeOrMore
- Living Area Source: Appraiser
- Property Age: 18
- Levels or Stories: 3
- Building Total Stories: 3
- Architectural Style: LowRise
Utilities
- NaturalGasAvailable
- UndergroundUtilities