A compact underwater lidar system, utilizing a single-photon detection technology, is proposed to effectively eliminate interference from the sea-air interface and enhance the accuracy of water optical property measurements. However, the high sensitivity of the single-photon detector poses challenges, including daytime operation difficulties due to strong solar radiation noise and detector saturation from near-field lidar signals. To address these issues, the laser and optical receiver of the lidar are optimized to suppress solar radiation noise, and a dual-telescope structure is introduced to improve the dynamic measurement range beyond 70 dB. In addition, a Monte Carlo simulation establishes the relationship between beam attenuation coefficients (c) and lidar attenuation coefficients (Klidar), enabling the retrieval of c profiles from Klidar. A field experiment conducted in the South China Sea, spanning from inshore to offshore waters, demonstrates the effectiveness of the lidar. The results highlight its potential applications, including the assessment of subsurface particulate organic carbon (POC).