CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Welcome to 3024 Kingswood Drive - a spacious canal-front home on nearly one full acre in the desirable Kings Point neighborhood. Properties of this scale, offering 240 feet of pristine water frontage, are a very rare find. Situated on a premier corner lot with zero HOA restrictions, this 3-bedroom, 2.5-bath estate stands as a crown jewel of Kings Point. Enjoy peace of mind as several major capital improvements are already done: the roof was replaced in 2018, over $54,000 has been invested in a new seawall, plus the home is equipped with updated windows with hurricane shutters. Inside, the 2,546-square-foot layout is thoughtfully designed for both effortless entertaining and comfortable everyday living. An elegant entryway and formal dining room flow seamlessly into the kitchen and an extra-large living space, where a double-sided fireplace wall divides the main living area from a secondary sitting room. The north side of the home features the spacious kitchen, a separate laundry room, a convenient half bath, and an attached two-car garage. The primary suite is a private retreat of its own with a large walk-in closet, multiple vanities, a separate tub and shower, and its own private access onto a screened, covered back porch overlooking the canal. Additional screened and covered outdoor living spaces span the back and sides of the home, providing the perfect spots to relax and enjoy the peaceful waterfront setting. The oversized, nearly one-acre homesite is truly the star of the property. Mature trees line the perimeter for exceptional privacy, and an extra-long driveway with gated backyard access makes it easy to store a boat, trailer, or recreational equipment. Because of how it is tucked into the corner, it offers the space and flexibility of a double lot while remaining a single parcel. While a previous pool has been filled in, the expansive backyard still provides abundant space overlooking the canal for a future pool, home addition, or a detached guest house. The covered boat dock is a huge highlight. Combining secluded waterfront living with everyday convenience, this location is hard to beat. It is only minutes from Panama City's premier shopping, dining, and medical facilities along 23rd Street. Plus, you're less than 20 minutes from the Gulf Coast's renowned white-sand beaches and emerald waters. Whether you are looking for a waterfront primary residence, a custom renovation opportunity, or a property with room to expand, this is a rare chance to add your own personal style to an already exceptional, high-equity setting. Schedule your showing today. A video tour is also available