The Preserve At Lake Powell
Homes for Sale in Panama City Beach, FL
All 726 homes for sale in Panama City Beach, FL · median $369,000 · 667 homes for sale in 32413 · Bay County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via CPAR MLS
As of November 2026, The Preserve At Lake Powell in Panama City Beach, FL has 1 home for sale. The Preserve At Lake Powell is a community in Panama City Beach, Bay County, FL. Across Panama City Beach as a whole, 613 homes closed in the last 12 months at a median of $442,250, 74 median days on market, with 898 homes for sale today. At that median and Bay County's FY2025-26 rate of 12.28 mills, annual property tax runs about $5,430 ($4,940 with the full homestead exemption).
The Preserve At Lake Powell is a young community — the median build year sits at 2022, and the range only goes back to 1997, so most of what's on the market is recent construction rather than resale housing carrying decades of wear. That skews the conversation toward condition and finish quality more than toward negotiating around deferred maintenance.
With only 62 homes in the inventory and a one-month closings window feeding this snapshot, pricing signals here move on individual sales more than on broad trend lines. A single closing can shift the read. Buyers and sellers both need to treat any pricing conversation as home-specific, built from recent comparable closings rather than a community-wide average.
Figures in this note are as of July 28, 2026. The live market numbers elsewhere on this page update nightly and are newer.
The 60-Second Overview
A newer-build enclave in Panama City Beach where median living space runs right around 2,348 square feet, and where roughly two-thirds of homes are not carrying a homestead exemption — a signal that non-primary ownership, whether second-home or investment use, is a meaningful share of who's buying here.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who The Preserve At Lake Powell is best for.
Best for
- Buyers who want a recently built home and are comfortable pricing off individual comps rather than broad trend data.
- Buyers considering a second home or investment property, given the sizable share of non-homesteaded ownership here.
- Buyers who prioritize home size and construction quality over a built-in amenity package.
Probably not for
- Buyers who want a resale with decades of settled maintenance history to negotiate against.
- Buyers who expect community amenities like a pool or clubhouse as part of the purchase.
- Buyers who need a large, liquid comp set to feel confident about pricing before writing an offer.
The market around The Preserve At Lake Powell
The Preserve At Lake Powell is too small for its own price trend, so here is the market around it.
Across Bay County, 2,406 homes are active and 434 pending (15% under contract).
ZIP and county figures describe the wider market, not The Preserve At Lake Powell specifically. Momentum Research analysis of MLS records.
Homes For Sale Right Now in The Preserve At Lake Powell
Live MLS inventory for The Preserve At Lake Powell. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending The Preserve At Lake Powell listings as of 2026-11-12, priced high to low. Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate. Tap any home to ask about it.
The The Preserve At Lake Powell buying strategy.
If we were buying in The Preserve At Lake Powell today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in The Preserve At Lake Powell.
Mostly New, Mostly Not Homesteaded
The homestead share of about one-third is the number worth sitting with. It means most homes in The Preserve At Lake Powell are not claimed as a primary residence for tax purposes, which typically points to a mix of second homes, seasonal use, and investment ownership rather than a market dominated by long-term owner-occupants. That changes how a home should be evaluated — rental potential and carrying costs matter more here than they would in a straight owner-occupied subdivision.
No community amenities are currently identified from MLS listings, so whatever is drawing buyers to this address is the location and the homes themselves rather than a clubhouse or gated package. With a median build year of 2022, most inventory reflects current-code construction, and the spread back to 1997 means a handful of older homes exist within the same footprint — worth flagging when comparing two listings that look similar on paper.
The location and the amenities are priced into every listing in The Preserve At Lake Powell. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
With only 62 homes and a thin one-month closings window driving the data, this is not a market where you can pull a generic comp sheet and trust it. We track individual closings here as they happen, verify what's actually built into a listing versus advertised, and read the homestead and ownership pattern into the offer strategy — especially for buyers weighing this as an investment or second-home purchase rather than a primary residence.
The Preserve At Lake Powell in 15 seconds.
Tools for a The Preserve At Lake Powell buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed The Preserve At Lake Powell sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in The Preserve At Lake Powell, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
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Data sources & freshness
| Live listings | CPAR MLS, refreshed twice daily (last: November 12, 2026) |
| Under-contract shares | CPAR MLS records, as of 2026-11-11 |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of CPAR MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Recent Developments in The Preserve At Lake Powell
Development, infrastructure, retail, and school activity affecting The Preserve At Lake Powell, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Retail & Dining
Boots on the Beach western wear store opens in Panama City Beach
The store held its grand opening on October 28 near Joan Avenue and Thomas Drive, selling men's and women's western clothing and boots and offering a custom hat bar. Co-owner Jo Cochran said Pier Park's only western option is Dillard's.
What it may mean for the marketA specialty apparel shop broadens local shopping choices outside the Pier Park retail core. The project is about 3 miles east of The Preserve At Lake Powell, elsewhere in Bay County.
Source: WJHG - October 2026Parks & Amenities
Bay County wraps up second phase of Island View Park renovations
Phase two, costing about $40,000 from the county general budget, adds two pavilions, a basketball court and sidewalks, following a May playground replacement. A new fence is already in. Completion is expected within a few weeks.
What it may mean for the marketAdded courts, shade structures and walkways improve everyday recreation options in the surrounding neighborhood. The project is about 10 miles east of The Preserve At Lake Powell, elsewhere in Bay County.
Source: WJHG - October 2026Infrastructure
West Beach Drive and Mulberry Avenue water, sewer and sidewalk work set to begin in Panama City
The project covers West Beach Drive from Sixth to Fourth Street and Mulberry Avenue, adding water lines, sewer lines and sidewalks in three phases to keep businesses open. Chevron has agreed to cover extra disposal costs if contaminated soil is found. Crews were expected to mobilize within about a week.
What it may mean for the marketUpgraded utilities and sidewalks support the west-side commercial area, with some construction disruption during phasing. The project is about 11 miles east of The Preserve At Lake Powell, elsewhere in Bay County.
Source: WJHG - October 2026Infrastructure
Panama City Beach advances Clara Avenue and Cobb Road sidewalks to engineering
City council voted to move sidewalk enhancements on Clara Avenue and Cobb Road into the engineering phase. Mayor Stuart Tettemer hopes to receive engineering work in early to mid 2027 before the next phase. No cost was stated.
What it may mean for the marketPlanned sidewalks would improve walking connections along two local streets, though construction is still more than a year off. The project is about 4 miles east of The Preserve At Lake Powell, elsewhere in Bay County.
Source: WJHG - September 2026Development
Panama City Beach council upholds approval of Palmhaven development on Front Beach Road
The Panama City Beach City Council voted to uphold the Planning Board approval of Palmhaven, about 160 homes by Fischer Homes at 12610 Front Beach Road, with added conditions. The developer must build a multi-use trail, public park area and 40 public golf cart parking spaces, and a final development order is required before construction.
What it may mean for the marketAdds roughly 160 homes of new housing supply on the west Front Beach Road corridor, along with a new public park, trail and parking amenities. The site is about 3 miles east of The Preserve At Lake Powell.
Source: WJHG - July 2026Parks & Amenities
Panama City Beach approves $1.25 million to rehabilitate Conservation Park boardwalks
The Panama City Beach city council approved a budget of $1.25 million to rehabilitate more than one mile of boardwalks at Conservation Park. The funding covers rehabilitation of the park's boardwalk system.
What it may mean for the marketInvestment in Conservation Park boardwalks upgrades a recreational amenity in Panama City Beach. The project is about 7 miles northwest of The Preserve At Lake Powell, elsewhere in Bay County.
Source: WJHG News Channel 7
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
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