For sale Home

Listed Jun 25, 2026

$925,000 Est. $6,118/mo

1023 North Bay Drive

  • 3

    Beds

  • 3

    Baths

  • 2,512

    Sq ft

The story

  • Waterfront

Experience waterfront living at its finest on picturesque Mill Bayou, offering deep-water access to the Gulf and an exceptional blend of luxury, comfort, and coastal charm. This beautifully crafted Cape-style residence welcomes you with classic Southern architecture, highlighted by expansive covered porches and impeccably maintained landscaping that create a stunning first impression. A newly added oversized covered parking pavilion provides ample space for multiple vehicles, a large boat, RV, or recreational equipment, while the elegant wraparound driveway enhances both convenience and curb appeal. The professionally landscaped grounds offer a private, estate-like setting that perfectly complements the home's waterfront location. Designed for both everyday living and entertaining, the home features rich bamboo flooring throughout the main living areas, soaring ceilings, and a thoughtfully designed open-concept floor plan. The chef's kitchen is a true centerpiece, showcasing stainless steel appliances, a six-burner gas cooktop, an oversized island with seating, and custom finishes throughout. Adjacent to the kitchen, the spacious butler's pantry and laundry room provide exceptional storage and built-in washer and dryer accommodations. Step outside to your private waterfront retreat where a large covered deck overlooks the tranquil bayou. Entertain guests with ease in the fully equipped outdoor kitchen featuring a Big Green Egg, oversized pergola, and beautifully designed raised garden beds, all while enjoying breathtaking water views. The luxurious primary suite serves as a peaceful sanctuary with serene bayou vistas. The spa-inspired ensuite bath is beautifully appointed with marble finishes, a soaking tub, dual vanities, a separate walk-in shower, and an extraordinary custom walk-in closet with built-in organization systems. A desirable split-bedroom layout offers privacy for family and guests, with two additional bedrooms and a full bath located on the opposite side of the home. A versatile front room can serve as a sophisticated home office, library, or formal dining space. Upstairs, a massive bonus room offers endless possibilities and has been pre-plumbed for a future full bath, making it ideal for a guest suite, media room, or additional living quarters. The spacious backyard provides plenty of room for a custom in-ground pool, allowing you to create the ultimate waterfront oasis. Wake each morning to spectacular sunrises over your private estuary, then spend your evenings cruising by boat to the bay to enjoy unforgettable Gulf Coast sunsets. This is a rare opportunity to own a truly exceptional waterfront property where luxury, lifestyle, and adventure converge.

Facts & features

Home type

Home

Year built

2016

Floors

2

Lot size

1 acres

Price per sq ft

$368

Parking

3-car garage

Included features

  • Cooling

    Central Air, Ceiling Fans, Ductless

  • Heating

    Central, Ductless, Electric

  • Appliances

    Convection Oven, Gas Cooktop, Tankless Water Heater

  • Roof

    Metal

  • Lot Information

    Sprinkler System, Paved

  • Exterior

    Dock, Fire Pit, Outdoor Kitchen

  • View

    Water

Mortgage calculator

Estimated monthly payment

$6,118 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $4,923
  • Property tax $925
  • Insurance $270

Includes principal, interest, taxes & insurance.

Your Property Journey

Interested in this, or something like it?

Submit an inquiry

Drop your details and we will help you find what you are looking for.

Not quite. Help me find the right one

Talk it through or type it out, whichever feels easiest.

Your contact details

An agent will reach out personally, no automated calls.

Smart Assistant

Hi, how can I help you find your dream home?

Tap the voice button to talk, or just start typing.

Tap anywhere to fix a word or add more

Tap stop when you’re done. You can edit the text before searching.

By submitting, you agree to our Privacy Policy and Terms.

Listing Broker

Coldwell Banker Realty

Broker Name

Coldwell Banker Realty

Agent

Ida Hargaray

Location

Panama City Beach FL 32408