12 Lake Essay Drive
Panacea, FL, 32346 $ 229,900
Bedrooms2 Baths1.0 Sq 1,148 Monthly Estimate*
$ 1,416
for $229,900 with 2 bedrooms and 1 full bath. This 1,148 square foot home was built in 1984 on a lot size of 0.33.
Bring your boats and don’t miss the chance to own this delightful 2-bedroom, 1-bath cottage, nestled in the heart of Panacea. This custom-built home offers a metal roof, two newly installed decks, new privacy fence, new water heater, and durable hurricane shutters. Set amidst a serene hardwood hammock at the edge of Lake Essay, the property is fenced, creating the perfect retreat for both you and your pets. The lush landscape features 30 mature specimen trees and abundant wildlife, providing an enchanting backdrop. Inside, the home boasts a vintage-inspired charm with modern updates, an open floor plan, and a fully furnished, cozy ambiance. Relax in the inviting outdoor space, where you can savor peaceful mornings on the deck, listening to the soothing sounds of nature. The built-in Weber kettle grill with counter space on the back deck ensures effortless grilling for outdoor dining. Located within the St. Marks Nature Preserve, this home offers a paradise for outdoor enthusiasts, with easy access to fishing, birdwatching, boating, kayaking, and miles of scenic nature trails. The property is spacious for parking boats, trailers, or RV's to meet your outdoor needs. For kayaking lovers, a launch site is only 5 min. away. Whether you’re looking for privacy, natural beauty, or proximity to the Gulf Coast, this property is ideally situated. The Panacea area was a renowned health resort enclave centered around mineral springs in the early 1900's and still enjoys quick access to pristine Gulf beaches, fresh seafood restaurants, marinas, the Gulf Coast Aquarium, a fishing pier, and miles of picturesque walking and biking trails. This charming cottage is perfect for retirees seeking a peaceful sanctuary, snowbirds looking for a seasonal retreat, or even as a rental property to generate income. It delivers the ideal combination of tranquility and convenience, offering the best of laid-back Florida living. Situated along the Great Florida Birding Trail, many species of birds can be viewed right from this private oasis.
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FeaturesGeneralLiving Area 1148.0
Sewer PublicSewer
Heating Central Electric
Cooling CentralAir CeilingFans Electric
Appliances Dryer Dishwasher Microwave Oven Range Refrigerator Washer
HOA Fee 0.0
Association Fee Includes None
Patio/Porch Features Deck
Architectural Style Cottage OneStory
Construction Materials VinylSiding
Year Built 1984
View None
Stories Count 1
Property Subtype Detached
County Wakulla
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name Panacea Park
Garage Y/N N
Full Baths 1
Special Listing Conditions Standard
Status Active
Directions South on 319 R on Otter Lake Rd R on Fishing Fool L on Lake Essay go to the end.
High School WAKULLA
City Panacea
Senior Community Y/N N
MLS Area Wakulla
Carport Y/N N
Listing Terms Cash Conventional FHA UsdaLoan VaLoan
Elementary School MEDART
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School WAKULLA
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Lot 123+
Property Sub Type Additional Detached SingleFamilyResidence
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InteriorInterior Amenities HighCeilings
Flooring Plank Vinyl
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Total Bedrooms 2
Room Type UtilityRoom
Total Baths 1
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ExteriorExterior Amenities FullyFenced
Fencing Fenced Privacy
Parking Features Driveway
Spa N
Building Area Total 1148.0
Lot Dimensions 141x106x141x106
Lot Size Acres 0.33
Road Surface Type Unimproved
Private Pool N
Waterfront Y/N N
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByBluewater Realty GroupBroker
Affordability Calculator
- Monthly Principal & Interest
- $1,416
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Panacea, FL
Average List Price $581,326
Percent of Sale Price 153%
About Panacea, FL 907 Population
-3% Since 2002
$ 34,376 Median Income
50.52 Median Age
20% Households with Children
Trends Information provided by ATTOM Data Solutions.
419019 Elementary School
418971 Middle School
Wakulla High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/28/2026 | $229,900 | | Listed Price |