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Harrison Lilly Team

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

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121 Rusty Gans Dr , Panama City, FL 32408
$899,000
Est. Payment: $4,966.85/mo
4 Bed
4 Bath
2751 Sqft
0.28 Acres
Status: Active | Days on site: 183
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BSA2 - B1058
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Harrison Lilly Team
Owner/Operator

House Description

Stunning 2023 custom-built 4BR/4BA residence in desirable Grand Lagoon Shores, offering refined coastal living with no HOA. Designed with intention, this single-level home features soaring ceilings with elegant tray details, a light-filled open layout, and a striking living room accent wall with built-in fireplace. The interior blends style and function with designer finishes, custom built-ins, and a seamless flow ideal for both everyday living and entertaining. Step outside to your private backyard retreat, complete with a resort-style pool, paver deck, and fully fenced yard, perfect for relaxing or hosting. Situated on a spacious homesite just minutes from Grand Lagoon, marinas, dining, and the white-sand beaches, this home delivers a rare combination of modern design, comfort, and prime location. Short-term rentals are allowed in this area, offering strong potential for income-producing use or a flexible second home.

Highlights

Listed by Marina Grigoryan , 850-200-0834 Coldwell Banker Realty , 850-234-6696. Bay County Association of REALTORS

Property Type

Residential

Lot/Acreage
0.28

Year Built

2023

County

Bay

Area

03 - Bay County - Beach

Neighborhood

Grand Lagoon Shores 2

Listing ID

787743

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:4
Air Cond:Central Air
Fireplaces:
Other:
  • ▪ Additional:Main Level Primary

Exterior Features

Lot Dimensions:147x49x172x120x65
Roof:Composition,Shingle
Principal Interest
$4,967
Taxes
$583

Home Price

$899,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$179,800
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:
$4,966.85

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,966.85 $582.67 $0.00 $5,549.51
Yearly $59,602.15 $6,992.00 $0.00 $66,594.15
Total $1,788,064.38 $209,760.00 $0.00 $1,997,824.38

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

© 2026 Bay County Association of REALTORS