4812 Derby Dr

1,518 Sq. Ft.
$208 / Sq. Ft.
1,518
Sq. Ft.
$208
per Sq. Ft.

Description

'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS'This custom home in the security gated subdivision of Leisure Lakes is special. It has a large 2-car carport with room to spare. This 3 bedroom, 2 bath home on a flat 1.52 acres is somewhat secluded due to the many trees, but just off Leisure Lakes Drive, the main road around the large freshwater lake. The home has many upgrades including a 10-foot trey ceiling upon entry of the open floor plan, with 9-foot ceilings throughout the rest...'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS'This custom home in the security gated subdivision of Leisure Lakes is special. It has a large 2-car carport with room to spare. This 3 bedroom, 2 bath home on a flat 1.52 acres is somewhat secluded due to the many trees, but just off Leisure Lakes Drive, the main road around the large freshwater lake. The home has many upgrades including a 10-foot trey ceiling upon entry of the open floor plan, with 9-foot ceilings throughout the rest of the home. The master bedroom is 13 x 15 and the master bedroom closet is 12 x 8 so no need for a dresser in the bedroom. The front porch is covered as is the back concrete patio, and part of the front wall is covered by custom rock. The home features a large granite island kitchen with lots of cabinetry, along with stainless steel appliances. The layout would be great for entertainment. The split bedroom plan has a dimensional shingle roof, energy efficient windows and the roof rafters has spray foam insulation that will help on utility bills. The outside walls are covered by a durable composite-based boards that provide durability. The front porch has been partially covered with gray stone for added appeal. It has 2,340 square under roof, 125 square feet covered front porch, 240 square feet covered back porch, carport 457 square feet, and 1,518 heated and cooled square feet. Construction is now complete. The larger of 2 lakes in the subdivision is about 1 mile across or about 3 miles around. it is one of the cleanest freshwater lakes in the Florida Panhandle. The water is appears to be as clear as bath water. It has a pavilion area that includes a basketball court, tennis court, toddler playground covered with shade from big oak trees, concrete boat launch, picnic tables and grill stations along with a swimming pool. The lake is good for kayaking, boating, fishing, swimming and has a floating dock. The second lake is about half the size of the main lake. A security guard is on duty weekdays from 7:30 a.m. to 3 p.m. When guard is not present property owners have a special punch code for entry. The home is eligible for a 100 percent loan.
  1. Listed by Harvey B Webb • Counts Real Estate Group

Property Details for 4812 Derby Drive

Architectural Style
Contemporary
Subdivision Name
Leisure Lakes
Zoning Description
Resid Single Family
LISTING UPDATED: 12/02/2025 02:31 AM

Property Details for 4812 Derby Drive

StatusSold
MLS #749490
Days on Market237
Taxes$163 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence / Single Family Residence
Year Built2023
Lot Size1.52 AC / 66,211 SF
CountyWashington County

Location

Listing Courtesy of Counts Real Estate Group

Sold By Keller Williams Success Realty

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Building Information for 4812 Derby Drive

Stories1Year Built2023Building Size-Lot Size1.52 AC / 66,211 SF

Payment Calculator

$1,542 per month

30 year fixed, 6.11% Interest

Principal and Interest

$1,529

Property Taxes

$14

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 4812 Derby Drive

Summary
Location and General Information
  • City: Chipley
  • County Or Parish: Washington
  • Directions: From Panama City, go north on Hwy 77, cross over Hwy 20 to about 4 miles to left on Chain Lakes Road, go about 3 miles to the security gated entrance.
  • State Region: FL
  • Postal Code: 32428
  • Latitude: 30.48065
  • Longitude: -85.708526
  • State Or Province: FL
  • MLS Area Major: 10 - Washington County
  • MLS Area Minor: 1003 - Washington SW
Taxes and HOA Information
  • Parcel Number: 00000000-00-4151-0077
  • Association: Yes
  • Tax Annual Amount: $163.00
  • Tax Legal Description: LOT B-77 LEISURE LAKES 1ST ADDITION REC PLAT ORB 680 P 502
  • Tax Year: 2022
School Information
  • Elementary School: Vernon Elementary
  • High School: Vernon
  • Middle Or Junior School: Vernon
Parking
  • Attached Garage: No
  • Covered Spaces: 2.0
  • Garage: No
Property
Lot Information
  • Building Area Total: 1518.0
  • Lot Features: Paved
  • Lot Size Acres: 1.52
  • Lot Size Area: 1.52
  • Lot Size Dimensions: 162x385x428x214
  • Lot Size Units: Acres
  • Lot Size Square Feet: 66211.0
  • Living Area Source: Plans
Property and Assessments
  • Year Built: 2023
  • Human Modified: No
Utilities
  • Utilities: Electricity Available
Interior and Exterior Features
Exterior Features
  • Pool Features: Community
  • Association Amenities: Gated, Gazebo, Barbecue, Picnic Area
  • Community Features: Barbecue, Boat Facilities, Equestrian Community, Fishing, Gated, Playground, Park, Pool, Tennis Courts, Equestrian Facilities, Home Owners Association
  • Construction Materials: Wood Frame
  • Patio And Porch Features: Covered, Patio, Porch
  • Security Features: Security Gate, Security Service
Interior Features
  • Levels: One
  • Stories: 1
  • Stories Total: 1
  • Flooring: Luxury Vinyl Plank
  • Bathrooms Full: 2
  • Bathrooms Total: 2
  • Bedrooms Total: 3
  • Rooms Total: 3
  • Cooling: Yes
  • Cooling: Central Air, Ceiling Fans, Multi Units
  • Heating: Yes
  • Heating: Central, Electric, Heat Pump
  • Appliances: Electric Oven, Electric Range, Electric Water Heater
  • Interior Features: Coffered Ceilings
Room Information
Room 1
  • Room Dimensions: 12 x 12
  • Room Length: 12.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 12.0
Room 2
  • Room Dimensions: 15 x 13
  • Room Length: 15.0
  • Room Level: First
  • Room Type: Primary Bedroom
  • Room Width: 13.0
Room 3
  • Room Dimensions: 22 x 12
  • Room Length: 22.0
  • Room Level: First
  • Room Type: Patio
  • Room Width: 12.0
Multi Family
Multi-Family Information
  • Units Furnished: None
Mobile Home
Mobile Home Information
  • Mobile Dim Units: Feet
Rental
Rental Information
  • Occupant Type: Vacant
  • Land Lease: No

Property History for 4812 Derby Drive

DateEvent & SourcePriceAppreciation
Feb 17, 2026

Sold

CPAR #783766

$340,000—
Jan 21, 2026

Pending

CPAR #783766

—
Jan 16, 2026

Listed (Active)

CPAR #783766

$350,000—
Sep 5, 2024

Sold (Public Record)

Public Record #1542477259

$315,000

+457.6% / yr

Sep 5, 2024

Sold

CPAR #749490

$315,000—
Jul 13, 2024

Pending

CPAR #749490

—
Nov 20, 2023

Listed (Active)

CPAR #749490

$359,900—
May 27, 2023

Sold (Public Record)

Public Record #1513212678

$35,000—
May 27, 2023

Sold (Public Record)

Public Record #1548181241

$35,000

-1.1% / yr

May 26, 2023

Sold

CPAR #739531

$35,000—
May 5, 2023

Pending

CPAR #739531

—
Mar 31, 2023

Listed (Active)

CPAR #739531

$35,000—
Aug 14, 2006

Sold (Public Record)

Public Record #594412149

$42,000

+94.8% / yr

May 10, 2004

Sold (Public Record)

Public Record #594490274

$9,300—
May 10, 2004

Sold (Public Record)

Public Record #594490275

$3,900—
DateEvent & SourcePrice
02/17/2026

Sold

CPAR #783766

$340,000
01/21/2026

Pending

CPAR #783766

—
01/16/2026

Listed (Active)

CPAR #783766

$350,000
09/05/2024

Sold (Public Record)

Public Record #1542477259

$315,000

+457.6% / yr

09/05/2024

Sold

CPAR #749490

$315,000
07/13/2024

Pending

CPAR #749490

—
11/20/2023

Listed (Active)

CPAR #749490

$359,900
05/27/2023

Sold (Public Record)

Public Record #1513212678

$35,000
05/27/2023

Sold (Public Record)

Public Record #1548181241

$35,000

-1.1% / yr

05/26/2023

Sold

CPAR #739531

$35,000
05/05/2023

Pending

CPAR #739531

—
03/31/2023

Listed (Active)

CPAR #739531

$35,000
08/14/2006

Sold (Public Record)

Public Record #594412149

$42,000

+94.8% / yr

05/10/2004

Sold (Public Record)

Public Record #594490274

$9,300
05/10/2004

Sold (Public Record)

Public Record #594490275

$3,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4812 Derby Drive

Taxable ValueLand$24,320Additions$171,757Total$196,077
Home Facts
Beds3Total Finished SqFt1,489 SqFtAbove Grade Finished SqFt1,489 SqFtLot Size66,211 SqFtStyleSingle Family ResidenceYear Built2024CountyWASHINGTONAPN41510077

Schools near 4812 Derby Drive

This home is within Washington County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - K to 5
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
Vernon Elementary School
PublicPK to 5

Kate M. Smith Elementary School
PublicK to 5

Roulhac Middle School
Public6 to 8

Vernon Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Counts Real Estate Group

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2026 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.