Waterfall Phase I Homes for Sale

Waterfall Phase I Homes for Sale

Welcome to Waterfall Phase I, a serene subdivision nestled in the heart of Panama City Beach, Florida, within the picturesque Bay County. This charming community offers a perfect blend of coastal living and suburban tranquility, making it an ideal choice for families, retirees, and anyone seeking a slice of paradise.

Waterfall Phase I is renowned for its beautiful homes, each designed with modern aesthetics and high-quality finishes. The subdivision features a variety of floor plans, catering to diverse lifestyles and preferences. Whether you're looking for a cozy bungalow or a spacious family home, you're sure to find something that meets your needs. With homes for sale in this desirable area, now is the perfect time to explore your options and invest in your dream property.

One of the standout features of Waterfall Phase I is its proximity to the stunning beaches of Panama City Beach. Residents can enjoy easy access to soft, sandy shores and crystal-clear waters, ideal for sunbathing, swimming, and a host of water activities. The community is also conveniently located near local shops, restaurants, and entertainment options, ensuring that everything you need is just a short drive away.

In addition to its beautiful homes and prime location, Waterfall Phase I fosters a welcoming atmosphere, where neighbors become friends and community spirit thrives. With lush landscaping and well-maintained common areas, this subdivision is not just a place to live; it's a place to call home.

Explore the homes for sale in Waterfall Phase I today and discover the perfect blend of comfort, community, and coastal charm in Panama City Beach!

Newest Waterfall Phase I Homes for Sale

108 Enchantment Falls Lane, Panama City Beach
$349,900
3 Beds ⋅ 3 Baths ⋅ 796765 MLS
Welcome to Waterfall, where beautiful updates, spacious living, and the Panama City Beach lifestyle come together! This stunning **END-UNIT townhome** offers 3 bedrooms, 2.5 bathrooms, and 2,093 square feet of thoughtfully designed living space, just minutes from the beautiful white sandy beaches and emerald waters of the Gulf! From the moment you step inside, you'll appreciate the bright, open floor plan, soaring 10-foot ceilings, beautiful flooring, and modern finishes throughout. **One of the many perks of this desirable end unit is the abundance of windows throughout the main living area, allowing natural sunlight to pour in and create a bright, airy, and welcoming atmosphere!** The spacious kitchen features granite countertops, stainless steel appliances, abundant cabinetry, and a large breakfast bar overlooking the dining and living areas, making this layout perfect for everyday living and entertaining. The living room is truly a showstopper, featuring a gorgeous custom-built entertainment wall complete with an electric fireplace, illuminated display shelving, and built-in storage. It's the perfect combination of style, comfort, and functionality! Another standout upgrade is the beautifully redesigned staircase, featuring luxury vinyl plank (LVP) stair treads and sleek horizontal cable railings with wood handrails. Upstairs, the spacious primary suite offers a relaxing retreat, complete with an impressive custom-designed walk-in closet featuring built-in shelving, cabinetry, and generous storage. The beautifully updated primary bathroom feels like your very own spa, featuring a jetted soaking tub with custom tile surround, double vanity with granite countertops, and an incredible walk-in shower complete with multiple body jets, handheld showerhead, built-in seating, pebble stone accents, and glass enclosure. Two additional bedrooms and a full bathroom complete the upstairs living space. Step outside to your fenced backyard, offering a great space to relax, grill, or enjoy the Florida sunshine. Waterfall residents also enjoy access to a beautiful community pool, perfect for cooling off after a day at the beach! Conveniently located near shopping, restaurants, entertainment, and some of Panama City Beach's most beautiful beaches, this townhome offers the space and comfort of a larger home with the convenience of townhome living. Beautifully updated, move-in ready, and in a fantastic location -- this is one you don't want to miss! Schedule your private showing today!

108 Enchantment Falls Lane, Panama City Beach
107 Inspiration Falls Lane, Panama City Beach
$335,000
3 Beds ⋅ 3 Baths ⋅ 796706 MLS
Welcome to your beach retreat! This Waterfall Community will meet all your beach destination needs. Being just down the road from our emerald coast beaches, you get convenient and easily accessible access to all your needs! This home is a 2017 townhome with a modern build that includes 10ft ceilings in an open living space. The bottom floor has updated lighting, granite countertops and plenty of natural light. The second floor has 3 bedrooms and 2 full baths, with the master bath having a large tub and separate shower. This is also an end unit with a fenced in backyard. This property also has a community pool and plenty area for morning walks or runs!

107 Inspiration Falls Lane, Panama City Beach
117 Fossil Falls, Panama City Beach
$350,000
3 Beds ⋅ 3 Baths ⋅ 796025 MLS
Best lot in the community of Waterfall, where comfort meets coastal charm! Sitting on the banks of a sweet community lake, you'll love this location -- close to the beach, eateries, shopping, and great schools -- and right next to a natural conservation area. This thoughtfully designed two-story townhome offers over 2,000sf of livable space with 3 bedrooms and 2.5 baths. The desirable end unit position gives extra windows and light on that entire side of the house. An open concept main level connects the living, dining and kitchen areas with surprising spaciousness enhanced by high ceilings. French doors lead to an open-air patio, fenced backyard, serene community lake, and sunsets over the tranquil nature preserve. You will find the full kitchen has a breakfast bar, lots of cabinets, walk-in pantry, and dining area. A half bath on the main level adds everyday convenience. The oversized 1-car garage has shelving for storage and an extra side-by-side refrigerator so your kitchen one remains easily organized. Moving to the second level you will find a split bedroom floor plan with two of them showing off incredible views over the adjacent forested lands. The large owner's suite overlooks the small lake, has its own bathroom and generous walk-in closet. The two additional bedrooms share a full bathroom with a shower/tub combo and one has a walk-in closet. For added convenience, the laundry room is upstairs by the bedrooms and comes complete with a full-size washer and dryer. The stacked stone accents and covered front entry make for nice curb appeal. Waterfall has a beautiful neighborhood pool in the midst of the woods, underground utilities, and sidewalks so pet friendly. Panama City Beach is a lifestyle that blends relaxation with adventure -- where every day feels a little like vacation with a sense of community. Whether you're looking for a primary residence, second-home getaway, or a long-term rental investment opportunity, this property is what you are looking for. Call today for your private tour!

117 Fossil Falls, Panama City Beach
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