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  • MLS#: 780535 ( Residential )
  • Street Address: 5 Blue Crab Lane
  • Viewed: 138
  • Price: $3,950,000
  • Price sqft: $854
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Lake,LakeFront
  • Year Built: 1987
  • Bldg sqft: 4627
  • Bedrooms: 5
  • Total Baths: 5
  • Full Baths: 5
  • Garage / Parking Spaces: 2
  • Days On Market: 113
  • Additional Information
  • Geolocation: 30.2681 / -85.961
  • County: BAY
  • City: Panama City Beach
  • Zipcode: 32413
  • Subdivision: Palmetto Bluff
  • Elementary School: West Bay
  • Middle School: Surfside
  • High School: Arnold
  • Provided by: Holiday Beach Real Estate Inc
  • DMCA Notice
  • Description
    Tucked along the quiet shoreline of Lake Powell, this spacious home offers a rare mix of privacy, comfort, and everyday livability. With 5 bedrooms, 5 bathrooms, and over 4,600 square feet, this home welcomes you with its soaring multi level design and expansive outdoor areas tailored for both relaxation and grand entertaining. Set on nearly an acre along beautiful Lake Powell with 147 feet of pristine dune lake frontage, the property feels private and peaceful while still being close to the beach and the rest of Panama City Beach. Inside, you'll find an open gourmet kitchen and working pantry that connects easily to the main living areas, a custom fireplace, and plenty of natural light. Spacious bedrooms throughout the home provide flexibility for family and guests, and the expansive third floor deck has the best views on the lake. With its own private dock, the lake becomes an extension of the backyard. Step outside to enjoy the screened pool, large deck, boat slip, and parking for up to ten vehicles. Recent updates include a new roof in 2025 and a heated and cooled garage. With exquisite craftsmanship throughout and panoramic lake views from nearly every vantage point, this property is a rare gem for discerning buyers seeking coastal elegance and lakefront living. Located in the gated community of Palmetto Bluff, residents enjoy a large neighborhood green space and community dock. Recently appraised at $4.2 million, this home is priced to sell.
Features
Waterfront Description
  1. Lake
  2. LakeFront
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. CentralAir
Covered Spaces
  1. 0.00
Exterior Features
  1. BoatSlip
  2. Deck
Garage Spaces
  1. 2.00
Heating
  1. Electric
High School
  1. Arnold
Insurance Expense
  1. 0.00
Legal Description
  1. 33 2S 17W -5.1- 12C BEG 283.70' E & 320' N OF SW COR OF GOVT LOT 2 TH W 50' N 291.01' M/L TO LAKE POWELL ELY ALG LAKE 210' S 164' W 50' S 80' W 100' TO POB LESS -5.1A- (SUBJ TO ESMT ORB 3441 P 301) ORB 3441 P 302
Living Area
  1. 0.00
Middle School
  1. Surfside
Area Major
  1. 03 - Bay County - Beach
Net Operating Income
  1. 0.00
Occupant Type
  1. Occupied
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 35277-010-000
Pet Deposit
  1. 0.00
Pool Features
  1. ScreenEnclosure
  2. Private
Property Type
  1. Residential
Road Frontage Type
  1. PrivateRoad
School Elementary
  1. West Bay
Security Deposit
  1. 0.00
Style
  1. Craftsman
Tax Year
  1. 2024
The Range
  1. 0.00
Trash Expense
  1. 0.00
Utilities
  1. ElectricityAvailable
View
  1. Lake
Views
  1. 138
Year Built
  1. 1987