Price Reduction - Waterfront - New Construction
Address
7314 Rachel Way, Panama City, FL
Price
$ 384,900
Property Attributes
  • MLS#794902
  • TypeSingle Family
  • Listing Status Active
  • CountyBay
  • CityPanama City
  • Area05 - Bay County - East
  • NeighborhoodRachels Landing
  • Zip32404
  • Style
  • Year Built2026
  • Taxes$ 712
  • Price$ 384,900
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms1
  • Sqr Footage1696
  • Lot Size0.32 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description

Welcome to this stunning custom built 3 bedroom, 2.5 bath home offering 1,696 square feet of thoughtfully designed living space with peaceful pond views. From the moment you arrive, the modern farmhouse exterior, board and batten siding, warm wood accents, and inviting entry set this home apart. Inside, you'll find an open concept layout filled with natural light and upscale finishes throughout. The beautiful kitchen features quartz countertops, custom cabinetry, a large center island, stylish pendant lighting, tile backsplash, and designer hardware perfect for both everyday living and entertaining. One of the home's standout features is the custom walk-in pantry, complete with built-in shelving, cabinetry, countertop workspace, and plenty of storage. The primary suite continues the custom feel with a spa inspired bathroom featuring a double vanity, freestanding soaking tub, oversized tiled walk-in shower, frameless glass enclosure, and modern black fixtures. With 3 bedrooms, 2.5 baths, a two car garage, custom finishes, and a pond front setting, 7314 Rachel Way combines modern style, functionality, and peaceful waterfront living in one beautiful package. Brand new construction without the cookie cutter feel this one needs to be seen in person.

Elementary School Middle School High School
Tommy Smith Elementary School Merritt Brown Middle School Rutherford High School
Price History
9/2/2026 Listed $399,900
9/12/2026 4$384,900

General Features

Sewer Public Sewer
Property Subtype Single Family Residence
Tax Year 2025
County Bay
Property Type Residential
HOA false
Subdivision Name Rachels Landing
Special Listing Conditions Listed As-Is
Status Active
Directions North on Hwy 231 make a right on Bayou Geroge Drive then a right on Rachel Way house will be on the left.
High School Rutherford
City Panama City
Zoning Description City, Resid Single Family
MLS Area 05 - Bay County - East
Lot Size Units Acres
Lot Size Square Feet 13939
Elementary School Tommy Smith
Tax Annual Amount 712.81
Middle/Junior High School Merritt Brown
Standard Status Active
Property Sub Type Additional Single Family Residence
Occupancy Type Vacant
Waterfront Features Lake,Lake Front
Year Built 2026
Heating Central
Cooling Central Air,Ceiling Fan(s)
Appliances Electric Cooktop,Electric Oven,Electric Range
Patio/Porch Features Covered,Patio,Porch
Construction Materials HardiPlank Type,Wood Frame
View Water
Attached Garage false
Garage Y/N true
Total Rooms 5
Full Baths 2
Garage Spaces 2
Architectural Style Craftsman
New Construction true
Roof Shingle

Interior Features

Total Baths 3
Interior Amenities Double Vanity,Main Level Primary,Soaking Tub,Separate Shower,Walk-In Closet(s)
Furnished Units None
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 3
LivingAreaSource Plans
Half Baths 1

Exterior Features

Lot Features Paved
Lot Size Area 0.32
Lot Dimensions 130x92x128x90x28
Lot Size Acres 0.32
Building Area Total 1696
Waterfront Y/N true
Foundation Details Slab

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 32404

Price
AVG $320K
$380K
Taxes
AVG $1,821
$712
Year Built
AVG 2011
2026

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