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Harrison Lilly

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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157 Indian Bayou Dr , Destin, FL 32541
$590,000
Est. Payment: $2,992.37/mo
3 Bed
2 Bath
2373 Sqft
Status: pending | Days on site: 56
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

Welcome to one of the best values in Indian Bayou! This updated home offers the rare combination of location, lifestyle & affordability in one of Destin's most desirable neighborhoods-- all situated on a sprawling 0.35-acre lot w/a spacious privacy-fenced backyard offering ample room for a pool. Enjoy plenty of space for vehicles, boats, or golf carts w/a 2-car garage & oversized vaulted carport. Ideally positioned across the street from the Bayou & just minutes from Indian Bayou's executive 18-hole golf courses, this location embraces the very best of the Destin lifestyle. Plus, you're only 3 miles from the stunning white sand beaches of the Gulf & Henderson Beach State Park. Recent updates welcome you to a fresh & inviting atmosphere, including a newly painted interior and new interior & exterior lights. Beautiful travertine floors, crisp white walls, soaring vaulted ceilings & abundant natural light enhance the open-concept living spaces, while the cozy fireplace adds warmth & charm to the main living area. A large, updated kitchen w/granite counters, center island, SS appliances & octagon trayed ceiling flows into the spacious living & dining areas ideal for entertaining or everyday living. Two BR's & a full bathroom are also on the 1st floor. Upstairs, the private primary suite serves as a relaxing retreat w/cathedral ceilings, large glass French doors opening to the new balcony, spacious walk-in closet, (READ MORE) and en suite bathroom w/dual vanities, granite countertops, ample storage & walk-in shower. Spend your mornings sipping coffee and enjoying the peaceful natural surroundings from the spacious exterior balcony off the primary suite. An additional upstairs loft offers approximately 107 square feet of bonus space -- perfect for a home office, reading nook, fitness area, or hobby space. Peace of mind comes with major system updates including a new roof installed in 2025, HVAC replaced in 2016, and water heater installed in 2017. This is a rare opportunity to own an updated home with space, character, and an exceptional location at such an affordable price in one of Destin's most sought-after communities. 157 Indian Bayou Drive offers the perfect place to call home, blending exceptional outdoor space, abundant parking, comfort, convenience, and value into one remarkable property.

Highlights

Listed by Karen K Martineau , 850-499-6930 and Glenda W Lichorwic , 850-496-1400 RE/MAX Coastal Properties , 850-837-9900. Emerald Coast Multiple Listing Services

Property Type

Residential

Lot/Acreage
0.35

HOA Fee

Year Built

1992

County

Okaloosa

Area

14 - Destin

Neighborhood

Indian Bayou

Listing ID

1004114

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer, Water Heater - Elect
Air Cond:Ceiling Fans,Central Air
Fireplaces:Fireplace Gas
Floor:Floor Hardwood,Floor Tile,Floor WW Carpet
Other:
  • Additional:Breakfast Bar, Ceiling Cathedral, Ceiling Tray/Cofferd, Ceiling Vaulted, Fireplace, Kitchen Island, Lighting Recessed, Newly Painted, Split Bedroom, Washer/Dryer Hookup

Exterior Features

Lot:Covenants,Interior,Level,Restrictions,Sidewalk,Within 1/2 Mile to Water
Lot Dimensions:127 x 122
Zoning:Resid Single Family
Others:
  • Additional:Balcony, Fenced Back Yard, Lawn Pump, Sprinkler System, Fenced Privacy
Sewer:Public Sewer
Parking Features:Garage,Carport,Carport Attached,Covered,Guest,Oversized,RV,See Remarks
Principal Interest
$2,992
Taxes
$290
HOA
$0

Home Price

$590,000

Loan Details

30 yrs
6.529%

Down Payment

20%
$118,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,992.37

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,992.37 $290.26 $0.00 $3,282.63
Yearly $35,908.42 $3,483.14 $0.00 $39,391.56
Total $1,077,252.72 $104,494.20 $0.00 $1,181,746.92

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Destin, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Emerald Coast Multiple Listing Services, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-20T06:32:47.000Z

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