1372 Chip Morrison Dr, Panacea, FL 32346
Property image
Property image
FOR SALE
3D VIEW
0.63 ACRES

$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-Qualified
We 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

  • Map ViewExplore the area around 1372 Chip Morrison Dr.
  • Schools1 Preschool School2 Elementary Schools2 Middle Schools2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

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

Interior Features

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

Exterior Features

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

Days on Market

Cumulative Days on Market: 238Days on Market: 27

Property Information

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

Price & Status

Price
List Price: $1,279,000Price Per Sqft: $609

Active Status

MLS Status: Active

Location

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

Agent Information

Listing Agent
Listing ID: 404048

Building

Building Area
Building Area: 2100 Square Feet

HOA

HOA Fee Frequency (second): AnnuallyHOA Fee: No HOA Fee

Lot Information

Lot Area: 0.63 acres

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional

Miscellaneous

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

Additional Information

Days On Market Replication: 7

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.
  • Ronald Rueth
    "I like it because fishing is only 2 minutes away I like it because it is out in the country and life is just at the pace for my life . It’s just close enough to the city to commute for work and family outings but far enough away to keep most of the crime down "
  • Rachel Frank
    "Ok stay away from to be in body in life anywhere but here would be great stay way from drugs and stay in school "
  • Jewels20045
    "We only have two Blue crab festival and Christmas parade We have nothing here for a grocery stores d the few stores we do have have nothing to offer"
  • Jewels20045
    "Everything you can have as many as you want and no one says anything about it so go out and get as many as you want np at all"
  • Greg R.
    "A few Festivals throughout the year. Fishing and Crabing hotspots. Boat launch and Marinas. Oyster bars and summer celebrations "
  • Angel.powell999
    "It’s okay to live here I guess. Only place buy food is the Dollar General... got to find the right neighborhood because some people are known to do drugs. My neighborhood is great with good people. You just gotta look for the right place for you."
  • Trulia User
    "I lived in the area from 1998-2016 and still visit frequently to spend time with family. It’s a nice rural/coastal community where folks are quick to smile, and happy to help ! The schools are good, and I didn’t experience any crime while living there."
  • tidesoutfarm
    "I own a small second home in the area. If you are a person interested in quiet, nature, outdoor activities, etc. Then this is the place for you. If you are interested in nightlife, fine dining, and city living, don't bother. There are restaurants in the area that have good seafood but some are overpriced and others are just filling. Be prepared to cook for yourself. The fast food franchises are a good 15-20 miles away. There are farmers markets, lots of diverse entertainment and festivals going on almost every weekend. Something for almost everyone who can think outside the box. "

Market trends in Panacea

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
73
5
MoM

Home Value

Trulia Estimate
$1.19M
Since 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
MonthEstimated 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

DateEventPrice
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

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.