7606 Lilly Street, Panama City
MLS® # 1011128
OPEN HOUSE Friday and Saturday Oct 16 & 17 - 1 to 3 PM. This exceptional home sits on 2.66 acres of direct Deerpoint Lake frontage in Bay County, Florida. Updated in 2017 and in excellent condition, it offers a rare combination of modern finishes, serious outdoor entertaining space, a detached garage, and a private boat dock.
The paved circle driveway with tall covered parking accommodates a boat, RV, or extra vehicles with ease. Brick construction and vinyl trim keep maintenance minimal -- a detail you'll appreciate before you even step inside. Inside, high ceilings and quality ceramic plank flooring set the tone throughout. Click ''more'' A formal dining room and ornate dry bar anchor the open floor plan, which flows naturally into a family room and adjacent sitting area centered around a large wood-burning fireplace -- both overlooking the incredible outdoor entertainment area beyond.
The peninsula kitchen is clean and modern: granite countertops, stainless appliances, and a Jenn-Air cooktop with built-in oven and convection microwave. The primary suite was fully enhanced in 2017 with an additional dedicated A/C unit, dual vanities, a tile rain shower, an alcove soaking tub, and a private toilet and bidet. The 2017 renovation also created a second primary bedroom -- a generous 12x22 with twin closets and its own bathroom. A Maytag washer and dryer convey with the home. The finished, oversized attached double garage connects directly to the kitchen for everyday convenience.
Outside, the east side of the property remains wooded for privacy. A 24x30 detached garage with high ceilings, LED lighting, and ceiling fans has been built out as a serious workshop -- wired with multiple 220V circuits for an RV connection, compressor, or welder. Paver parking extends along two sides. Behind the home, a 45x52 paver entertainment area features a built-in brick and stainless grill and a large stone fire pit. An electrical stub-out and outdoor shower are already in place for a future pool.
Down at the water, a private dock and covered 16x20 boathouse await. The property runs on a 4-inch well with a dedicated well house and filtration system serving the home and two irrigation zones. Septic and drain field eliminate city water and sewer costs entirely. No HOA. Flood Zone X -- no flood insurance required.
Electric, Private Well, Septic Tank, TV Cable, Underground
Garage Door Opener, Boat, Detached, Garage Detached, Oversized, RV Access/Parking, Carport, Garage, See Remarks, Covered
Vaulted Ceiling(s), Fireplace, Pantry, Shelving, Split Bedroom, Washer/Dryer Hookup, Woodwork Painted
Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Washer, Electric Water Heater
Outdoor Grill, Dock, Outdoor Shower, Sprinkler System
Aerials/Topo Availbl, See Remarks, Within 1/2 Mile to Water
Double Pane Windows, Window Treatments
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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.
Vendors Member Number : 28325
Listing information last updated on October 15th, 2026 at 1:37am CDT.