Homes For Sale On The Pensacola Bay

Waterfront Homes For Sale on the Pensacola Bay

The Pensacola Bay is one of the most well-known bodies of water in the South East. The Pensacola Bay borders Pensacola to the South and Gulf Breeze to the north. Since it covers large parts of both areas finding waterfront homes for sale on the Pensacola Bay isn't difficult normally. Due to its popularity with boating and water sports, it is a very sought after location to live. Selecting your waterfront home here depends on your budget and the community you want to live in. 

Waterfront Homes For Sale Near Pensacola, Florida

If buying one of the waterfront homes on Pensacola Bay isn't what you want, feel free to search all the waterfront homes for sale near Pensacola. There are also homes for sale on the Santa Rosa Sound, Bayous, Canals, or Beachfront homes. There are many waterfront home buying options from Perdido to Navarre Beach and back. 

Other areas that have waterfront homes for sale are:

Waterfront Real Estate Agents In Pensacola, Pensacola Beach, Navarre, Navarre Beach, Gulf Breeze, Florida

Would you like to schedule a showing of one of these waterfront homes, condos, or lots for sale in the Pensacola, FL area? Contact our Pensacola Waterfront Real Estate Agents at Manderson Realty Group Today to see them in person. We know waterfront property!

Call us today at (850) 393-8739

Pensacola MLS Real Estate Search

Or feel free to see what other homes are for sale in Pensacola, Pensacola Beach, Gulf Breeze, Navarre, Navarre Beach, or Perdido.

Newest Homes For Sale On The Pensacola Bay

483 Deer Point Dr Unit ##1, Gulf Breeze
$3,265,000
4 Beds ⋅ 4 Baths ⋅ 690081 MLS
Experience extraordinary waterfront luxury in this architecturally stunning residence, where sophisticated design, exceptional finishes, and breathtaking water views create an unforgettable setting. The dramatic two-story great room showcases soaring ceilings, expansive walls of glass, an elegant cascading globe chandelier, and oversized glass doors opening to the waterfront terrace. Wide-plank wood flooring, designer lighting, and an open upper-level gallery with contemporary cable railing enhance the home’s refined aesthetic. The gourmet kitchen is a culinary masterpiece, featuring rich custom-style cabinetry, luxurious marble countertops, an expansive center island, professional-style ZLINE gas range, stainless vent hood, built-in oven and microwave, and open shelving. An adjoining sitting area offers panoramic waterfront views. Additional highlights include a formal dining room, stunning glass-enclosed wine display with illuminated stone backdrop, and beautifully appointed powder room. The expansive waterfront primary suite features balcony access, a contemporary linear fireplace, and a spa-inspired bath with freestanding soaking tub, distinctive wood accent wall, vessel sink, and designer fixtures. A dedicated home theater with tiered seating, projection system, integrated speakers, and dramatic lighting provides an exceptional entertainment experience. Outdoors, multiple covered terraces and balconies overlook the sparkling waterfront pool, spacious paver deck, and landscaped grounds. A private dock with covered boat slip and lift completes this remarkable property, offering an exceptional combination of architectural elegance, luxurious amenities, and waterfront living.

483 Deer Point Dr Unit ##1, Gulf Breeze

Mirella St, Pensacola
$2,970,000
591633 MLS
We are pleased to offer this exclusive waterfront residential land opportunity in Pensacola, FL. Located on the beautiful Bayou Garcon, the property features over 1,378 feet of unobstructed views and plenty of privacy. The property is located in one of the most sought-after beach communities of Pensacola, FL, Innerarity Heights and Perdido Key. The property consists of multiple parcels for a total of +/-19.57-acres. The seller is selling the site as a compilation of 6 total waterfront tracts, which are to be subdivided at closing. Tracts 1-5 are approximately +/-2.2-acre tracts. Tract 6 is approximately +/-8-acres and will be available for purchase after Tracts 1-5 have sold. Tracts 1-5 feature expansive views on the Bayou Garcon with approximately 133ft - 173ft of water frontage and deep water access. The tracts are roughly 220’ wide and 683-953’ deep. The property will not have an HOA; however, there are building restrictions required to be recorded at closing. Per Escambia County, the homes will need to be built on piling, and there is a mandatory wetland buffer setback requirement of 40 feet. All private and public utilities are available to the subject sites. The properties have proper zoning for single-family residential homes; +/-16.57-acres of the property is zoned "C-1", Commercial District, and +/- 3-acres of the site is zoned "SDD," Special Development District.The property features a shared access path to an existing dock that extends into the Bayou Garcon. The waterway, natural wetlands, and surrounding nature serve as the perfect natural amenities. The property is 4 minutes to the public beach at Perdido Key, 5 minutes to the back gate of Pensacola Naval Air Station, and is close to shopping, restaurants, and entertainment. Experience the luxury and beauty the Gulf Coast has to offer with this waterfront opportunity.

Mirella St, Pensacola

616 Bay Cliffs Rd, Gulf Breeze
$2,799,999
3 Beds ⋅ 5 Baths ⋅ 688990 MLS
Gulf Breeze proper is one of the most sought-after addresses on the Emerald Coast, with top-rated schools, a quiet neighborhood pace, and minutes from Pensacola Beach. 616 Bay Cliffs adds direct bay frontage to everything the location already offers. A walk through a perfectly maintained garden sets the tone before you ever reach the front door. The courtyard entrance alone signals the level of care carried throughout. Inside, the living room is expansive and flooded with natural light. The kitchen is made for those who love to cook, with Sub-Zero refrigeration, high-end appliances, custom lighted cabinetry, and a full wall of storage with appliance garages that keep every surface clean and every tool within reach. A formal dining room completes the main living floor. The office doubles as a library, with a full wall of bookshelves, a fireplace, and views across the backyard to the bay. It's one of the most distinctive rooms in the home: calm, layered, and comfortable. A generously sized bonus room downstairs adds flexibility for whatever the household needs. The screened rear patio extends the living space outside, with generous space and a direct view of the backyard and the bay. The primary bedroom is large with seating space, and functions as a genuine retreat. Off the main bedroom, a dressing room walled with closets, mirrors, and plenty of seating is a rare find at any price point. The primary bathroom is entirely its own, with every wall finished in marble, a custom vanity with vanity seating, a garden tub, and a separate walk-in shower. A 70-by-19-foot bonus room spans the entire left side of the home: playroom, home gym, study space, storage, or all of the above. Three additional bedrooms, each with a private bath, round out the home layout. Outside, a well-maintained garden walkthrough with seating tucked throughout invites a slower pace on the way to the water. The bay opens up at the end of it, with a boathouse, boat lift, and dock.

616 Bay Cliffs Rd, Gulf Breeze

28 Baybridge Dr, Gulf Breeze
$2,780,000
5 Beds ⋅ 6 Baths ⋅ 682984 MLS
Few homes capture waterfront living like this. Behind the gates of Baybridge Villas, a signature offering rises three stories above Pensacola Bay, a true waterfront estate where every decision, from the custom iron entry door to the open-air balconies spanning every level, was made with one thing in mind: the experience of being here. The water finds you the moment you walk in. Walls of impact-rated glass stretch eight feet high, pulling the bay inside across every level. By morning, the eastern terraces glow with sunrise over the water. Into the evening, the west-facing third-floor terrace frames sunsets over the Pensacola skyline unlike anything else on the coast. Inside, the home moves between warmth and drama effortlessly. A fireplace anchoring the living room. A chef's kitchen built around Thermador appliances, Brizo fixtures, and a statement island that anchors the space beneath soaring ceilings and panoramic water views. Every bedroom commands its own private bath. While a multitude of secondary kitchens and flexible living spaces create a level of versatility rarely found on the water. The primary suite delivers a true retreat with a dramatic spa bath, expansive walk-in shower, and separate soaking tub designed to complete the experience. From sunrises on the balcony to evenings on the water with your private slip just steps away, 28 Baybridge offers a level of waterfront living that simply cannot be replicated.

28 Baybridge Dr, Gulf Breeze

8 Wharf Ave, Pensacola
$2,399,000
3 Beds ⋅ 4 Baths ⋅ 684001 MLS
Did you know a private marina with 13 slips is being built in Muscogee Wharf?Now you can live in the best downtown gated waterfront neighborhood and have your boat essentially in your backyard. As you arrive, you will find the beautifully maintained landscaping and two separate garages: a spacious two-car garage and a single-car garage with a dedicated workshop area. Step inside and discover a three-level floor plan, connected by a staircase and private elevator access to every floor. The first level is ideal for guests, multigenerational living, or a private retreat. Featuring a spacious sitting room, a generously sized bedroom, and a full bathroom with a custom-tiled walk-in shower, this level could easily function as an in-law suite. The second floor serves as the heart of the home, where cathedral ceilings and walls of windows showcase spectacular water views while filling the home with natural light. The spacious living room features a tiled gas fireplace, multiple balcony access points, and an open-concept design. At the center of it all is the kitchen designed to impress. The oversized 9-foot T-shaped island can seat at least seven, making it the perfect gathering place for dinner parties. The kitchen is appointed with quartz countertops, KitchenAid stainless steel appliances, a gas range, custom cabinetry, and stunning bay views from nearly every angle. The waterfront primary suite offers incredible views of Pensacola Bay, a large walk-in closet with custom built-ins, and a spa-inspired bathroom complete with dual vanities, a water closet, and a custom-tiled walk-in shower. The second primary suite is equally impressive, providing privacy and comfort. The entire third floor is dedicated to a versatile loft and office space that could serve as a media room or a fitness area. A private balcony on this level offers some of the most spectacular views in the home, overlooking Pensacola Bay, the 3-Mile Bridge, and Pensacola Harbor.

8 Wharf Ave, Pensacola

5576 E Bay Blvd, Gulf Breeze
$2,245,000
5 Beds ⋅ 5 Baths ⋅ 689701 MLS
Experience life on the Bay in this 3 year old, meticulously maintained, custom built, coastal-inspired home. This home offers beautiful expansive views of East Bay with its endless sunsets and active marine life. The grand entry welcomes you into a beautiful open floor plan of natural lighting, calming neutral design, custom millwork, and spacious living areas designed for everyday living and entertainment. The gourmet kitchen is a chef's dream, featuring high-end Kitchen Aid appliances, an island designed for gatherings and a butler's pantry to keep the space clutter free. Living spaces flow seamlessly to the outdoor living space where a beautiful lanai equipped with a full natural gas outdoor kitchen and enclosed, heated, saltwater, sparkling gunite pool await relaxation and more hospitality. A half bath and the laundry room are placed near the entry to the lanai for convenience. The first-floor primary suite is a private retreat with custom tall windows to the Bay and private access to the lanai. A pocket door opens to the double vanity with LED mirrors, sconce lighting, a beautiful tiled shower and water closet. Double walk-in closets with custom built-ins provide separate dressing spaces and storage. Upstairs, a den equipped with a custom half bath opens to two generously-sized bedrooms featuring window seats overlooking the Bay. Each en suite bedroom has walk-in closets, custom tiled showers, LED mirrors and sconce lighting. A climate controlled walk-in attic is a much appreciated bonus room to store all your xtras without the worry of climate damage. Step outside to enjoy lush Northwest Florida coastal landscape with well irrigation, a custom fence lining the property for privacy, Limestone pathways and spaces for boat and trailer storage and full access to the backyard. The custom built dock features thru flow decking, an electric jet ski lift and a covered electric boat lift designed to match the home.

5576 E Bay Blvd, Gulf Breeze

800 S Palafox St Unit #301, Pensacola
$2,000,000
2 Beds ⋅ 2 Baths ⋅ 678019 MLS ⋅ Admirals Row South BLDG.
Discover a new standard of waterfront refinement at Admirals Row, Pensacola’s most prestigious new address. One of only two fully completed and move-in-ready residences, this exceptional offering represents a rare opportunity to own within the city’s premier luxury development. Commanding the southernmost point of Palafox Street in the heart of downtown, this exquisitely appointed two-bedroom, two-bath residence captures uninterrupted panoramic views of Pensacola Bay, the Palafox Marina, and the iconic Blue Wahoos Stadium—an ever-changing backdrop of water, sky, and city lights. Crafted for the most discerning buyer, the interiors reflect timeless sophistication and superior construction. Soaring 10-foot ceilings and walls of glass bathe the residence in natural light, while solid concrete and steel construction provide enduring strength, privacy, and peace of mind. Every detail has been curated to deliver both elegance and performance. The chef’s kitchen is a statement in luxury, appointed with Sub-Zero refrigeration, a Wolf gas range and oven, a Cove dishwasher, and premium finishes that seamlessly blend design and functionality. Refined materials and impeccable craftsmanship elevate every space throughout the home. Residents enjoy the exclusivity of two premium gated parking spaces within the covered garage, along with a private, climate-controlled storage suite, an uncommon convenience in downtown waterfront living. Step beyond your door into a vibrant, walkable coastal lifestyle surrounded by award-winning dining, boutique shopping, the marina, and Pensacola’s most celebrated cultural and entertainment venues. Opportunities of this caliber are exceptionally rare. Secure your private showing today and claim your place at one of Pensacola’s most distinguished waterfront addresses.

800 S Palafox St Unit #301, Pensacola

800 S Palafox St Unit #201, Pensacola
$1,900,000
2 Beds ⋅ 2 Baths ⋅ 677998 MLS ⋅ Admirals Row South BLDG.
Discover a new standard of waterfront refinement at Admirals Row, Pensacola’s most prestigious new address. One of only two fully completed and move-in-ready residences, this exceptional offering represents a rare opportunity to own within the city’s premier luxury development. Commanding the southernmost point of Palafox Street in the heart of downtown, this exquisitely appointed two-bedroom, two-bath residence captures uninterrupted panoramic views of Pensacola Bay, the Palafox Marina, and the iconic Blue Wahoos Stadium—an ever-changing backdrop of water, sky, and city lights. Crafted for the most discerning buyer, the interiors reflect timeless sophistication and superior construction. Soaring 10-foot ceilings and walls of glass bathe the residence in natural light, while solid concrete and steel construction provide enduring strength, privacy, and peace of mind. Every detail has been curated to deliver both elegance and performance. The chef’s kitchen is a statement in luxury, appointed with Sub-Zero refrigeration, a Wolf gas range and oven, a Cove dishwasher, and premium finishes that seamlessly blend design and functionality. Refined materials and impeccable craftsmanship elevate every space throughout the home. Residents enjoy the exclusivity of two premium gated parking spaces within the covered garage, along with a private, climate-controlled storage suite, an uncommon convenience in downtown waterfront living. Step beyond your door into a vibrant, walkable coastal lifestyle surrounded by award-winning dining, boutique shopping, the marina, and Pensacola’s most celebrated cultural and entertainment venues. Opportunities of this caliber are exceptionally rare. Secure your private showing today and claim your place at one of Pensacola’s most distinguished waterfront addresses.

800 S Palafox St Unit #201, Pensacola

5342 Pale Moon Dr, Pensacola
$1,899,000
4 Beds ⋅ 5 Baths ⋅ 690240 MLS
Coastal luxury takes a whole new meaning in this designer-appointed waterfront retreat overlooking the beautiful waters of Perdido Bay. Just minutes from the sugar-white sands of Perdido Key, this home offers a stunning heated and chilled saltwater Gunite pool, private dock with covered seating and sweeping views of the bay. The fully fenced backyard is an entertainer's dream, featuring approximately 1,100 square feet of covered outdoor living and open patio space, complete with an outdoor kitchen, fireplace, and TV. Inside, professionally curated interiors showcase sophisticated finishes, custom details, and seamless blend of elegance and comfort. The chef's kitchen features quartz countertops, and boasts an oversized island, gas range, wine chiller, and spacious walk-in pantry, while a custom built-in bar and gas fireplace elevate the main living area. The luxurious primary suite offers private balcony access, a spa-inspired bath, and dual walk-in closets. Every bedroom features its own ensuite bath, a walk-in closets. Every bedroom features its own ensuite bath, while the versatile upstairs bunk room provides additional space for guests or entertaining. An exterior lift, two car garage, and thoughtful upgrades throughout add everyday convenience. Offered fully furnished with an acceptable offer, this extraordinary property delivers the ultimate combination of waterfront beauty, designer style, and effortless coastal living. if you have been waiting for a dreamy coastal lifestyle, look no further... you found it!

5342 Pale Moon Dr, Pensacola

15000 Innerarity Pt Rd, Pensacola
$1,750,000
4 Beds ⋅ 5 Baths ⋅ 686940 MLS
Situated on approximately one acre with 270± feet of Perdido Bay frontage, this gated waterfront home offers beautiful views, generous living space, and a private setting on Innerarity Point. With over 5,800 square feet, the home features 5 bedrooms, 4.5 bathrooms, multiple living areas, an office with custom built-ins, and a game room. Large windows throughout fill the home with natural light while showcasing the bay. The kitchen features granite countertops, a Thermador gas range with grill, Bosch double ovens, custom cabinetry, pantry, breakfast area, and a dry bar with wine cooler. The main-level primary suite overlooks the water and includes a sitting area, spacious walk-in closet, and private bath. A heated and cooled sunroom with a wood burning fireplace and sliding glass doors creates additional year-round living space while connecting seamlessly to the outdoor entertaining areas. Upstairs you'll find additional bedroom suites, a second living area, game room, and balcony overlooking the property. Outside, enjoy a heated saltwater pool, multiple patios and an expansive lawn leading to the bay. The private pier includes two boat lifts (18,000-lb and 6,000-lb) along with an elevated sunset deck, making it easy to enjoy life on the water. Additional features include a 3-car garage, natural gas generator, central vacuum, storm shutters, hardwood flooring, and ample storage. Listed at appraised value, this property offers an exceptional opportunity to own a waterfront home in one of Innerarity Point's most desirable locations, just minutes from Perdido Key beaches, marinas, dining, and shopping.

15000 Innerarity Pt Rd, Pensacola

2025 Crown Pointe Blvd, Pensacola
$1,549,999
4 Beds ⋅ 6 Baths ⋅ 690233 MLS
Some homes just hit different at sunsets -- Prepare to be captivated by this breathtaking 3,979-square-foot waterfront residence In the prestigious subdivision The preserve at Crown Point - featuring four spacious bedrooms, four and a half bathrooms, and dramatic 24-foot ceilings that create an unforgettable sense of grandeur. Beautiful tile and luxury vinyl plank flooring flow throughout, while granite and quartz countertops add timeless elegance. Designed for exceptional living and effortless entertaining, the home features a spacious game room with a dedicated ice maker and stunning tongue-and-groove wood ceilings. For added convenience, there are two laundry rooms—one upstairs and one downstairs. This exceptional waterfront property offers deeded water access, a private boat dock, boathouse, and boat lift—making it easy to enjoy the waterfront lifestyle directly from your own backyard. The impressive outdoor living area includes a gas cooking connection, sink, and granite countertops, creating the perfect setting for entertaining while enjoying truly spectacular sunsets. Your private outdoor retreat features a heated swimming pool and Jacuzzi, both equipped with an easy-to-maintain saltwater system for year-round relaxation and enjoyment. Durable powder-coated aluminum fencing surrounds the property, adding beauty, privacy, and security. Additional premium features include two HVAC systems, a durable metal roof, a stucco-and-stone exterior, gutters, and an automatic whole-house Generac standby generator for added comfort and peace of mind. Tongue-and-groove ceilings on the front and rear patios complete the home’s warm, luxurious character. From the soaring ceilings and refined finishes to the resort-style outdoor spaces, deeded water access, boating amenities, and unforgettable sunset views, this remarkable property delivers beauty, comfort, and sophistication at every turn.

2025 Crown Pointe Blvd, Pensacola

5460 N Shore Rd, Pensacola
$1,499,000
4 Beds ⋅ 3 Baths ⋅ 680600 MLS
Waterfront Wonderland on Perdido Bay – with Dolphins, Fishing & Crabbing! Wake up to sparkling sunrises over Perdido Bay and let the soothing sounds of the water set the tone for your day. This gorgeous Mediterranean-inspired home isn’t just a house—it’s a front-row seat to paradise, complete with daily dolphin sightings and endless fun right from your backyard! Step inside and fall in love with the warm, inviting vibe. The first floor is decked out with authentic Mexican Saltillo tile that adds a splash of charm, while an open-concept layout keeps the kitchen, dining, and living spaces flowing effortlessly together. Picture cozy evenings by the fireplace, mornings with coffee in the sunroom, and every meal served with a side of breathtaking bay views.Head upstairs to your dreamy master retreat, where a fireplace, spa-worthy bath with Jacuzzi tub, and panoramic water views make every day feel like a vacation. And when it’s time to play. Step outside to the newly built Catwalk dock—perfect for fishing, crabbing, or simply watching the dolphins put on a show as the sunsets.This home also comes packed with perks: a whole-home generator (hello, peace of mind!), an artist’s studio that can double as an office or 5th bedroom, a cedar closet, laundry chute, tankless water heater, and more. All this, wrapped up with modern amenities, timeless design, and a $10,000 flex-credit to make it your own. Don’t just live by the bay—live the bay life with dolphins, fishing, crabbing, and pure coastal bliss. Buyer to verify all information during due diligence.

5460 N Shore Rd, Pensacola

1606 Waters Edge, Pensacola
$1,249,000
4 Beds ⋅ 4 Baths ⋅ 679999 MLS
Step into a rare kind of waterfront living—Shared boardwalk and pier and breathtaking Pensacola Bay views showcased from multiple vantage points. The pictures don't do it justice; come see it! Tucked inside the prestigious gated community of Country Club Place along Pensacola Bay, this exceptional residence offers one of only four coveted waterfront homes, blending luxury, privacy, and peace of mind. Perched on a solid 50-piling foundation, the home is designed for both beauty and durability, with sweeping, unobstructed water views. Here, you can fully embrace the waterfront lifestyle—morning coffee overlooking the Bay, sunset reflections filling your living spaces—without the typical maintenance concerns. Flood insurance is NOT even required by a lender here. The seawall and waterfront access are thoughtfully managed through the HOA, allowing you to enjoy it all without the hands-on responsibility. Spanning over 4,000 square feet, the home offers 3 bedrooms plus a flexible office (easily converted to a fourth bedroom), along with 3.5 bathrooms. Two luxurious primary suites—each with expansive windows framing serene water views. Upstairs, accessible by both stairs and elevator, the primary suite is a private sanctuary featuring a spa-like bath with dual vanities, a jetted soaking tub, separate shower with dual showerheads, and a custom walk-in closet. Guests are treated to their own dedicated level, complete with a full kitchen and second living area—perfect for extended stays or multi-generational living. On the main floor, an additional bedroom offers accessibility features including a roll-in shower and handicap-accessible sink, ensuring comfort for all. Impact-rated doors and windows along the Bay provide added protection, while a 2021 roof replacement adds further peace of mind. Beyond the home, residents enjoy exclusive access to a shared dock, scenic boardwalk, and launch area for kayaks and paddleboards—creating a true lock-and-leave waterfront living

1606 Waters Edge, Pensacola

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