Welcome to 2527 Pelican Bay Drive, a beautifully designed 5-bedroom, 3-bathroom custom home offering 3, 164 square feet of thoughtfully designed living space in the highly desirable Pelican Bay community. Framed by mature, lush landscaping and meticulously cared for by just two owners, this home makes a striking first impression with soaring living room ceilings and timeless engineered hardwood flooring. The kitchen blends beauty and function, featuring white cabinetry, dark granite countertops, a gas range, a large stainless-steel sink, and custom pantry shelving with pull-out drawers that offer convenient, effortless organization. The first floor offers both flexibility and comfort. A guest bedroom or private office sits alongside a full bath, plus additional storage tucked beneath the staircase. You will also enjoy a formal dining space and a designated eat-in kitchen area, ideal for hosting or everyday living. The spacious primary suite is conveniently located downstairs, overlooking a serene backyard with no rear neighbors. The ensuite bath offers a double vanity, soaking tub, oversized walk-in closet with a custom storage system, and plenty of room to unwind. Upstairs, three additional bedrooms and a full bath provide space for family or guests. One of the upstairs bedrooms is exceptionally spacious (20 × 30), offering incredible versatility. This room can easily serve as a guest suite while also functioning as a home gym, children's playroom, media room, or creative studio. Just off the bedroom is a generous private balcony (28 × 12) that overlooks the lush, natural landscaping of the backyard, creating a peaceful outdoor retreat. Recent updates add both value and peace of mind, including fresh exterior paint, two HVAC systems installed in 2022, a 2018 water heater, newly installed impact-resistant windows on the north side, new roof (2018), and a 10KW Generac generator. The home is also wired for indoor and outdoor surround sound, enhancing everyday living and entertaining alike. Step outside to discover a truly private backyard retreat. Beyond the fence lies a protected DEP conservation area, ensuring permanent privacy with no future development behind you. The expansive screened-in porch and privacy-fenced yard create the perfect setting for relaxing evenings or weekend gatherings. Located in flood zone X, no flood insurance is required for this property. Pelican Bay is a desirable community located near Bay Point and just minutes from Publix, local dining favorites, and shopping. You are also a short drive to the sugar-white sands of Panama City Beach and the natural beauty of St. Andrews State Park. HOA dues include common area landscaping, access to the community pool, hot tub, pool house amenities, and dock. This is more than a home, it is space, privacy, and lifestyle all in one.