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Laguna Beach

Laguna Beach

Located in Bay County

$782,974 Average Value
$417 Average Price per Sq Ft
0 Homes For Sale

Laguna Beach is a quiet, undeveloped coastal gem in Bay County

Laguna Beach is a Bay County community that affords its residents access to the adventures of the Gulf Coast in a slower-paced setting than its well-known neighbors. The community is next door to Panama City Beach, a traditional Florida vacation destination and Spring Break hot spot. Yet Laguna Beach is free from development and the crush of seasonal tourists. “Laguna Beach is quiet. It’s kind of a hidden secret on the west side of Panama City Beach,” says Britt Matthews, who grew up in the community and works as the PR director of Beachy Beach Real Estate. “There’s a lot of pretty, accessible beachfront that hasn’t been built on. It’s generally an area that isn’t beholden to extra restrictions. It’s very chill. No HOAs.”

"Eclectic" options include multimillion-dollar beachfront homes

The most exclusive housing here is the small collection of opulent multi-million-dollar homes on the water that offer stunning Gulf views and the beach just steps away. Most homes, however, are built close together on truncated streets dotted with palm trees and other native greenery. Manufactured homes, small older bungalows, ranch-style homes and a variety of Coastal-style houses are common. “It’s very eclectic,” Matthews says. “You could have a three-story home next to a 1950s bungalow.” Newer homes are a mix of Coastal and contemporary designs that feature attached garages. The newest homes tend to be concentrated in small gated communities. Potential buyers will also find condos, townhouses and manufactured homes. The median sales price is $635,000. “The west end of Panama City Beach has always appreciated at a faster rate,” Matthews says. “It’s especially sought after because there are no HOAs and no restrictions on short-term rentals.” Janet Jones of Jones Real Estate and Rentals says residents are a mix of full-time homeowners, snowbirds and vacationers. There is a high risk of flooding and wind damage, and insurance rates are likely to be affected. But the area has not been hit hard by a hurricane since 2018.

State park offers lakefront recreation

Homeowners enjoy enviable access to a quiet stretch of Gulf beachfront. Inlet Beach on the western edge of the community is part of Camp Helen State Park, which features Lake Powell. “It’s very pristine,” Jones says. “The state bought it several years back to preserve it. It has the largest coastal dune lake in Florida. The surf washes in and out. People like to get out on kayaks and paddleboards.” Fishing, swimming and hiking are also popular activities at the park. For boaters, anglers and outdoors enthusiasts seeking more adventures, there are several Bay County boat ramps along the coast that offer access to the Gulf. There is a popular fishing pier and plenty of small parks in Panama City Beach.

Carousel Supermarket is an iconic staple of the community

The community offers a diverse mix of quaint shopping and dining destinations, anchored by the Carousel Supermarket. “It’s an icon of Laguna Beach,” Matthews says. “I grew up working there.” The grocery store has a gift shop and is famous for its wine cellar, Jones says. Other community staples include Thomas Donut & Snack Shop. Residents can also enjoy comfort food favorites such as pizza and ice cream, relax over drinks at an Old Florida bar and enjoy meals at a variety of destinations, from fast food eateries to eclectic beachside diners to dockside restaurants. For those seeking a more bustling commercial area, nearby Pier Park is an outdoor mall that features more than 100 stores, a variety of restaurants and an IMAX movie theater.

Bay County District Schools rated B-plus by Niche

The community is served by Bay District Schools, which earns a B-plus from Niche. The typical student pipeline consists of an elementary, middle and high school all rated above average. The Ohana Institute is an A-rated private school option that serves students in pre-kindergarten through 12th grade.

Relatively isolated, but coastal destinations are reachable by car

Laguna Beach is a walkable and bikeable community, and Bayway Transit provides residents with public transportation to and from nearby points of interest. Otherwise, the community is fairly isolated from a public transit standpoint. The closest full-service medical center, HCA Florida Gulf Coast Hospital, is nearly 20 miles away in downtown Panama City. U.S. Highway 98 connects residents to Panama City and other destinations along the coast. The nearest commercial airport is the Destin-Fort Walton Beach Airport, about 60 miles away.

Matt Pallister
Written By
Matt Pallister

Interested in learning more about homes in this area? Reach out to Nyda Faith, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Area Facts

Number of Homes
2
Number of Homes for Sale
0
Median Year Built
2016
Months of Supply
0.00
Average Single Family Home Size Sq Ft
1,960
On par with the national average
1,932
Median Lot Size Sq Ft
3,484

Open Houses

  • Saturday, May 30
    Open Sat 10AM - 2PM

    21804 Sunset Ave, Panama City Beach, FL 32413

    $1,780,000

    • 5 Beds
    • 4.5 Baths
    • 2,865 Sq Ft
    • 21804 Sunset Ave

    Welcome to 21804 Sunset Avenue, where modern coastal design meets refined luxury just 0.3 miles from the sugar-white beaches of Panama City Beach. This professionally designed new construction residence offers 2,865 square feet of heated and cooled living space across a two-story, five-bedroom, four-and-a-half-bathroom layout that balances elevated design with everyday livability. Clean

    Agent Photo
    Dahler & Co.
    Scenic Sotheby's International Realty
    (448) 216-0222
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  • Monday, Jun 1
    Open Mon 10AM - 2PM

    306 Jasmine Place, Panama City Beach, FL 32413

    $557,500

    • 2 Beds
    • 2 Baths
    • 1,150 Sq Ft
    • 306 Jasmine Place

    Welcome to brand new construction in the heart of Laguna Beach, the most desirable community on the west end of Panama City Beach. Located on Jasmine Place, this home offers a rare blend of privacy and proximity to the Gulf. Set on a quiet street with no HOA, it captures the feel of Old Florida living while still being just a short golf cart ride to the beach. Configured as a 2 bedroom with an

    Christine Stallings Counts Real Estate Group Inc

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  • Tuesday, Jun 2
    Open Tue 12PM - 2PM

    21509 Caribbean Ln, Panama City Beach, FL 32413

    $590,000

    • 3 Beds
    • 2 Baths
    • 1,268 Sq Ft
    • 21509 Caribbean Ln

    This beautifully updated 3-bedroom, 2-bath home offers 1,268 sq ft and was fully renovated in 2023 with modern, coastal finishes throughout. This is move-in or rental ready from day one.Enjoy an open, inviting layout along with a large, brand-new screened-in back porch--perfect for entertaining or relaxing after a day at the beach. The backyard features thoughtfully designed landscaping

    Kelly Killick EXP Realty LLC

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Weather

Annual Precipitation
61''
Average Winter Low Temperature
42°F
Average Summer High Temperature
90°F
Annual Snowfall
0''

Area Factors

Somewhat friendly

Bikeability®

30 / 100

Somewhat friendly

Walkability®

20 / 100

Somewhat friendly

Transit®

20 / 100
Source: Local Logic
Sources: Local Logic

Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Laguna Beach