For sale Home

Listed Nov 8, 2025

$449,900 Est. $2,976/mo

1294 Dragonfly Lane

  • 6

    Beds

  • 4

    Baths

  • 3,024

    Sq ft

The story

Mother-in-law suite special priced below market value! This beautifully updated 6-bedroom, 4-bathroom home offers exceptional space, flexibility, and privacy, including a connected 2-bedroom mother-in-law suite with approximately 1,200 square feet of living space. The private suite is separated from the main home by a door and features a large living room, 2-bedrooms, and modern bathroom with granite countertops and a tile walk-in shower. A separate door from the covered back porch provides additional convenient access to the suite. With two distinct living areas, this property is ideal for multigenerational living, two families, extended guests, or anyone needing a private home office or guest space. The home is priced well below the market value as a recent VA appraisal priced the property at $485,000 with no appraiser required repairs. (See full appraisal report under 'Documents.' The main 2-story home has undergone a major makeover, with numerous updates throughout, including: • New windows with faux wide plantation blinds • New concrete Hardie board siding • New LVP flooring in many areas • All 4 bathrooms updated. • New water heater • New Square D electrical panel and breakers • New light fixtures and ceiling fans • Remodeled stairs • Fresh interior paint • Updated kitchen with all-new appliances • Stainless-steel deep sink and faucet • New subway tile backsplash • New butcher-block countertops • Soft-close cabinet doors and new cabinet hardware • Large pantry with shelving • Durable metal roof • A/C unit updated this year • Well submersible pump replaced in 2024 The spacious primary bathroom suite features a large step-in tub, separate shower, and oversized walk-in closet. Outdoor living is another highlight. A covered 6-foot-deep by 60-foot-long front porch stretches across the entire front of the home. The covered back porch offers as much space, with areas measuring approximately 8' x 22' and 10' x 30', including a door leading directly to the mother-in-law's suite. The flat backyard includes a 20' x 20' concrete pad with a new electrical plug, ready for storage buildings, workshops, or other outdoor use. The property sits on approximately two acres and includes the adjacent vacant 1-acre lot, providing approximately three acres total. Location is convenient for everyday necessities and recreation. The property is less than a mile from Interstate 10, Super Walmart, and Falling Waters State Park, with easy access to schools, shopping, restaurants, and a variety of businesses. The beautiful beaches of Panama City Beach and Pier Park are less than an hour away. Large, updated, versatile, and full of possibilities--this is a rare opportunity for two-family or multigenerational living with plenty of land and space to spread out.

Facts & features

Home type

Home

Year built

1990

Floors

2

Lot size

3 acres

Price per sq ft

$149

Parking

2-car garage

Included features

  • Cooling

    Central Air, Ceiling Fans, Heat Pump

  • Heating

    Central, Electric, Heat Pump

  • Appliances

    Electric Cooktop, Electric Oven, Electric Water Heater, Water Softener Owned

  • Flooring

    Plank, Vinyl

  • Roof

    Metal

  • Lot Information

    Paved

  • Exterior

    Rain Gutters

Mortgage calculator

Estimated monthly payment

$2,976 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $2,395
  • Property tax $450
  • Insurance $131

Includes principal, interest, taxes & insurance.

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Listing Broker

Counts Real Estate Group

Broker Name

Counts Real Estate Group

Agent

Harvey B Webb

Location

Panama City FL 32405