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Laguna Beach

Laguna Beach

Located in Bay County

$777,315 Average Value
$442 Average Price per Sq Ft
1 Home 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 Krissa Johansen, an experienced agent in this area.

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Laguna Beach Housing Trends

Housing Trends

Median List Price
$540,000
Median Single Family Sale Price
$530,000
Last 12 months Home Sales
0
Average Price Per Sq Ft
$442

Area Facts

Number of Homes in Neighborhood
3
Number of Homes for Sale
1
Median Year Built
2016
Average Single Family Home Size Sq Ft
1,960
On par with the national average
1,925
Median Lot Size Sq Ft
3,484

Open Houses

  • Friday, Aug 22
    Open Fri 4PM - 6PM

    21927 Bataan Ave, Panama City Beach, FL 32413

    $575,000

    • 2 Beds
    • 2 Baths
    • 1,150 Sq Ft
    • 21927 Bataan Ave
    • New 6 days ago

    Welcome to 21927 Bataan Avenue, a charming and versatile duplex just 0.1 miles from the pristine Gulf waters on Panama City Beach's sought-after West End. Offering two self-contained one-bedroom, one-bath residences, each with 560 sq ft of thoughtfully designed living space, this property combines the relaxed feel of a coastal retreat with the income potential of a proven rental

    Whitby Jerkins Douglas Elliman

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  • Sunday, Aug 24
    Open Sun 1:30PM - 3:30PM

    19985 Alta Vista Dr, Panama City Beach, FL 32413

    $799,900

    • 3 Beds
    • 3 Baths
    • 1,483 Sq Ft
    • 19985 Alta Vista Dr
    • New 11 days ago

    Welcome to your dream coastal retreat! This beautifully updated home offers 3 spacious bedrooms, 3 modern bathrooms, and a rare double living room, perfect for entertaining or relaxing in style. Every detail has been thoughtfully designed, from the gorgeous interior finishes to the open-concept layout that flows seamlessly throughout. Enjoy a fully updated kitchen, luxurious bathrooms, and

    Buck Henry CENTURY 21 Commander Realty

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  • Saturday, Aug 23
    Open Sat 10AM - 1PM

    19989 Front Beach Rd Unit A, Panama City, FL 32413

    $4,990,000

    • 6 Beds
    • 6.5 Baths
    • 3,878 Sq Ft
    • 19989 Front Beach Rd
    • Unit A

    Welcome to beachfront luxury! ''Emerald Dream'' is a superbly constructed 6-bedroom, 6.5-bathroom home features high-end finishes and custom touches throughout. The open-concept kitchen showcases elegant fixtures and ample seating, flowing seamlessly into a spacious living area with breathtaking ocean views. Each bathroom is a masterpiece, with unique custom tile work for a spa-like experience.

    BRYAN KIEFER Holiday Beach Real Estate Inc

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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

Bikeable

Bike Score®®

53 / 100

Car-Dependent

Walk Score®®

11 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the 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