$1,279,000
- 4 Beds
- 3.5 Baths
- 2,100 sqft (on 0.63 acres)
1372 Chip Morrison Dr, Panacea, FL 32346
Est. Mortgage $8,242/mo*
Get Pre-QualifiedWe estimate this home will sell faster than 84% nearby.
Home Highlights
Single-Family Home
Built in 2023
0.63 acre lot
$609/sqft
3 Carport Spaces
Local Information
-- mins to
About this House
One or more photos have been virtually staged. Luxury Coastal Retreat with Stunning Gulf Views & High-End Finishes. This breathtaking two-story like new home is just steps from the Gulf and offers incredible 180° water views from multiple vantage points. Thoughtfully designed for energy efficiency and durability, this four-bedroom, 3.5-bath home combines high-end finishes, modern conveniences, and a prime location to create the ultimate beachside escape. Built on 32-foot in-ground cement pilings with hurricane-proof windows, hardy board siding, and a durable metal roof, this home is as strong as it is beautiful. Inside, an open floor plan with soaring ceilings and abundant natural light creates a bright, airy feel. The chef's kitchen is a true showpiece, featuring quartz countertops, custom Woodlane cabinetry, top-of-the-line stainless steel appliances, and generous counter space. Thoughtfully designed for both function and style, it serves as the perfect gathering space for friends and family. Both the downstairs and upstairs master suites offer private en-suites, ensuring comfort and convenience for owners and guests alike. Eight-foot doors, luxury finishes, and a wraparound porch with all-weather decking add to the home's sophisticated charm. Situated on oversized lot with ample covered parking, this property has beach access, allowing you to enjoy the sugar-white sands just steps from your front door. Offered fully furnished, this is a rare opportunity to own a turn-key slice of paradise. Schedule your private showing today and experience the coastal lifestyle at its finest!
Last check for updates: about 13 hours ago
Listing courtesy of Malissa Henning, (850) 524-4455
EXP Realty, LLC
Source: TBR, MLS#404048

Also Listed on TBR, eXp Realty.
We estimate this home will sell faster than 84% nearby.
Home Details for 1372 Chip Morrison Dr
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Interior Details Number of Rooms: 8Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Kitchen, Living Room |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 2100 Square Feet |
Appliances & Utilities Appliances: Dishwasher, Ice Maker, Microwave, Oven, Range, RefrigeratorDishwasherMicrowaveRefrigerator |
Heating & Cooling Heating: Central,Electric,Fireplace(s)Has CoolingAir Conditioning: Central Air,ElectricHas HeatingHeating Fuel: Central |
Fireplace & Spa Fireplace: ElectricHas a Fireplace |
Windows, Doors, Floors & Walls Flooring: Engineered Hardwood, Tile |
Levels, Entrance, & Accessibility Stories: 2Floors: Engineered Hardwood, Tile |
View Has a ViewView: Gulf |
Security Security: Surveillance System |
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Exterior Home Features Patio / Porch: Covered, Deck, PorchNo Private Pool |
Parking & Garage Number of Carport Spaces: 3Number of Covered Spaces: 3Has a CarportNo Attached GarageParking Spaces: 3Parking: Carport,Three or more Spaces |
Frontage Responsible for Road Maintenance: Public Maintained RoadRoad Surface Type: PavedNot on Waterfront |
Water & Sewer Sewer: Septic Tank |
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Cumulative Days on Market: 238Days on Market: 27 |
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Year Built Year Built: 2023 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Two Story,Traditional |
Building Construction Materials: Fiber CementNot Attached PropertyDoes Not Include Home Warranty |
Property Information Parcel Number: 120370607S01W1046000T0050 |
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Price List Price: $1,279,000Price Per Sqft: $609 |
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MLS Status: Active |
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Direction & Address City: Alligator PointCommunity: PENN POINT UNIT 6 |
School Information Elementary School: OTHER COUNTYJr High / Middle School: Franklin County Middle SchoolHigh School: Franklin County High School |
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Listing Agent Listing ID: 404048 |
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Building Area Building Area: 2100 Square Feet |
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HOA Fee Frequency (second): AnnuallyHOA Fee: No HOA Fee |
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Lot Area: 0.63 acres |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional |
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Mls Number: 404048Living Area Range Units: Square FeetWater ViewWater View: GulfAbove Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-12037-N-120370607S01W1046000T0050-R-N |
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Days On Market Replication: 7 |
Around this home
What Locals Say about Panacea
At least 8 Trulia users voted on each feature.
88 % Say yards are well-kept
83 % Say there's wildlife
78 % Say car is needed
75 % Say it's dog friendly
75 % Say it's quiet
73 % Say parking is easy
64 % Say there's holiday spirit
58 % Say neighbors are friendly
50 % Say people would walk alone at night
44 % Say kids play outside
43 % Say they plan to stay for at least 5 years
40 % Say there are community events
27 % Say streets are well-lit
20 % Say it's walkable to restaurants
18 % Say there are sidewalks
18 % Say it's walkable to grocery stores
Sourced by Trulia users. Learn more about our methodology.
Market trends in Panacea
Last updated August 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
73
5MoM
Home Value
Trulia Estimate
$1.19MSince last month
Decreased$34K (-2.8%)Since last year
Increased$6K (+0.5%)Since last sale
Increased$1M (+1,148.4%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value decreased by -5% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $1.19M |
| August 2026 | $1.22M |
| July 2026 | $1.24M |
| June 2026 | $1.24M |
| May 2026 | $1.24M |
| April 2026 | $1.25M |
| March 2026 | $1.25M |
| February 2026 | $1.24M |
| January 2026 | $1.25M |
2025 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.21 | Single-Family Home | $735,000 | 07/14/26 | 3 | 2.5 | 1,200 | |
0.31 | Single-Family Home | $1,195,000 | 12/04/25 | 3 | 2 | 1,710 | |
0.42 | Single-Family Home | $490,000 | 05/22/26 | 3 | 2 | 1,178 | |
0.61 | Single-Family Home | $605,000 | 11/02/25 | 3 | 3.5 | 1,412 | |
0.91 | Single-Family Home | $479,040 | 06/10/26 | 3 | 2.5 | 1,601 | |
0.68 | Single-Family Home | $465,000 | 03/26/26 | 2 | 2 | 1,620 | |
0.86 | Single-Family Home | $905,000 | 05/08/26 | 3 | 3 | 1,584 | |
0.54 | Single-Family Home | $350,000 | 11/05/25 | 2 | 1 | 1,008 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.02 | - | - | - | - | Off Market | |
0.05 | $515,000 | 3 | 2.5 | 1,532 | For Sale | |
0.13 | $39,900 | - | - | - | For Sale | |
0.12 | - | - | - | - | Off Market | |
0.13 | - | - | - | - | Off Market | |
0.12 | $645,500 | 3 | 2 | 1,500 | Off Market | |
0.08 | $1,056,900 | 3 | 2 | 1,881 | Off Market | |
0.17 | - | - | - | - | Off Market | |
0.16 | - | - | - | - | Off Market | |
0.17 | $39,900 | - | - | - | For Sale |
Price and Tax history
| Date | Event | Price |
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Aug 23, 2026 Source: TBR #404048 | PriceChange | $1,279,000 Price decreased by 4% |
Jan 5, 2026 Source: TBR #394560 | Listed For Sale | $1,329,000 |
Nov 23, 2025 Source: TBR #381948 | ListingRemoved | $1,300,000 |
Feb 14, 2025 Source: TBR #381948 | Listed For Sale | $1,300,000 |
Mar 5, 2021 Source: TBR #323825 | Sold | $95,000 |
Feb 12, 2021 Source: TBR #323825 | Contingent | $95,000 |
Sep 28, 2020 Source: Agent Provided | Listed For Sale | $95,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $830 | $767,835 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Malissa Henning, EXP Realty, LLC
Agent Phone: (850) 524-4455

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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Frequently asked questions about 1372 Chip Morrison Dr
- What is the estimated monthly payment for 1372 Chip Morrison Dr?Based on a $1,279,000 list price with 20% down at today's rates, the estimated monthly payment for 1372 Chip Morrison Dr in Panacea, FL is approximately $8,450 (about $6,947 principal & interest, $1,428 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Panacea?Residents describe Panacea, FL as well-kept, dog-friendly, and quiet. Most residents say you need a car. See homes for sale in Panacea, FL.
- What are the closest schools to 1372 Chip Morrison Dr?The closest schools to 1372 Chip Morrison Dr in Panacea, FL are Franklin County Schools Pk-12 (K-12, rated 2/10), Franklin Virtual Instruction Program (Elementary/Middle/High).
- What is 1372 Chip Morrison Dr estimated to be worth?Trulia's estimated value for 1372 Chip Morrison Dr in Panacea, FL is $1,186,000.
- Does 1372 Chip Morrison Dr have air conditioning?Yes, 1372 Chip Morrison Dr in Panacea, FL has air conditioning.
- How big is the lot at 1372 Chip Morrison Dr?The lot at 1372 Chip Morrison Dr in Panacea, FL is about 0.63 acres (27,443 sq ft).
1372 Chip Morrison Dr, Panacea, FL 32346 is a 4 bedroom, 4 bathroom, 2,100 sqft single-family home built in 2023. This property is currently available for sale and was listed by TBR on Aug 23, 2026. The MLS # for this home is MLS# 404048.

