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Harrison Lilly Team

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

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4018 W Princess Ln , Panama City, FL 32405
$1,195,000
Est. Payment: $6,602.20/mo
2 Bed
2 Bath
1760 Sqft
0.5 Acres
Status: Active | Days on site: 70
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Harrison Lilly Team
Owner/Operator

House Description

There is Waterfront and then there is WATERFRONT. Welcome to 4018 PRINCESS LANE. End of the road privacy with over a half-acre lot with over 260' of Western wrap around never-ending beautiful sunsets and marine wildlife. Within 30' of the shorelines is everything from Dolphins, Manatees, Eagles, Ospreys and many other bird species. Being the end corner lot allows for one side of no adjoining neighbors. This beautiful but modest home sits in the middle of over half acre lot leaving a lot of space all around the property. The home sits on two lots and could eventually be divided if you choose. There is over 1,700 sq ft of waterfront views from every room. The home is a 2-bedroom 2 bath home with an additional home office with a waterfront view, too. This 10X10 room could be converted into a third bedroom if necessary. There is a beautiful Sunroom with new hurricane windows to sit and enjoy the bay. The improvements recently completed to the home are: New hurricane proof windows at a cost of $50,000.00, A 25-Kilowatt generator that will run the entire home for 2 to 3 weeks without power $12,000.00, An entire new rip rap wall seawall for additional storm protection $25,000.00, All new spray foamed insulation through entire home $7,500.00, An outdoor 30' x 40' partially covered entertainment concreted area with room to lounge and enjoy the outdoors and soaking up the sun. To include an outdoor kitchen and TV living room covered area- $20,000.00, the new dock was constructed in 2020, $15,000.00. The dock will handle up to a 25' to a 28'' boat easily in the summer. as the winter tides get shallow the depth drops. Dock could be extended if needed. There is DIRECT GULF ACCESS from the back yard. Privacy fence blocking the neighboring yard. The home is ready to move in! Waterproof laminate flooring throughout the entire home. Widened driveway allowing for 4 car parking in the driveway plus adjoining gravel drive for 2+ additional cars. New 10'x16' storage building and an additional drive all the way into the back yard with a private area down to the water which has full hookup for an RV for your guest's privacy when they come to stay longer than you really choose for them to. Short term rentals are available in this area which would make for a great rental investment property and still allow all the private use you would care to enjoy. The home could easily sleep 8 to 10 people. A small separate 12' x12' upper deck was built to enjoy the view over the small bayou area beside the home which has plenty of storage underneath for beach chairs, outdoor games, etc... Please pardon the YARD as we are currently working on beautifying it. Allow a 24-hour notice for appointments as the home is occupied however we may be able to accommodate on short notice. The owners are Licensed Realtors.

Highlights

Listed by Andy G Gonsalves , 850-527-2639 Counts Real Estate Group Inc , 850-231-1483. Bay County Association of REALTORS

Property Type

Residential

Lot/Acreage
0.5

Year Built

1997

County

Bay

Area

02 - Bay County - Central

Neighborhood

Bayview Heights

Listing ID

788037

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Electric Range, Electric Water Heater, Ice Maker
Air Cond:Central Air
Fireplaces:
Other:
  • ▪ Additional:Double Vanity, Handicap Access, Main Level Primary, Walk-In Closet(s), Pantry

Exterior Features

Lot:Cul-De-Sac,Sprinkler System,Paved
Lot Dimensions:125x151x151x150
Zoning:Resid Single Family
Roof:Metal
Others:
  • ▪ Additional:Dock
Sewer:Public Sewer
Parking Features:Gravel,Parking Lot,RV Access/Parking
Principal Interest
$6,602
Taxes
$678

Home Price

$1,195,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$239,000
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:
$6,602.20

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,602.20 $678.17 $0.00 $7,280.37
Yearly $79,226.43 $8,138.00 $0.00 $87,364.43
Total $2,376,793.03 $244,140.00 $0.00 $2,620,933.03

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Panama City, 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 Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T08:07:44.000Z

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