$49,000 Nicely wooded high and dry building lot in the growing area of Bay County. Convenient to Hwy 231 access and close to the County's Majette Park. This was formerlya waterfront lot that looked over Lake Lakewood with 192 feet of frontage. Hurricane Sally rains breeched the dam and emptied the lake. The last word the owner heard was that the homeowners association had spoken of looking at getting engineering plans to restore the dam and water levels. This is a large lot in excess of 1/2 acre. If you are looking for a convenient, moderately priced residential lot with building restrictions on paved roads this may be the one for you. City water available. 706251 MLS Nicely wooded high and dry building lot in the growing area of Bay County. Convenient to Hwy 231 access and close to the County's Majette Park. This was formerlya waterfront lot that looked over Lake Lakewood with 192 feet of frontage. Hurricane Sally rains breeched the dam and emptied the lake. The last word the owner heard was that the homeowners association had spoken of looking at getting engineering plans to restore the dam and water levels. This is a large lot in excess of 1/2 acre. If you are looking for a convenient, moderately priced residential lot with building restrictions on paved roads this may be the one for you. City water available. 8617 Wood Circle, Panama City Listing courtesy of Counts Real Estate Group Inc.