I have never read a story about a girl smelling another girls' panties, so here ya go!!
I am in my early thirties, but even when I was in high school, I would wonder if other girl's pussies smelled like mine. I was the only girl of all boys in my house, so there had never been a chance for me to find out.
One day I had a sleepover and decided that it would be a perfect chance for me to sniff one of my friends underwear. My friends didn't talk about masturbation like boys do, so I had to be very discreet about it. It was getting close to the end of the night, and we were all getting sleepy. One of my friends went to take a shower and left her worn clothes in the spare bedroom. I made it convenient to excuse myself to the other restroom and sneaked into the room to sniff her panties. They were still wet with her pussy juice and smell from the entire day. Contrary to what I thought they would smell like (after a long day), it was quite arousing to me. I knew that I was on borrowed time, so I quickly put my hand in my pajamas and into my own wettness, and started working my clit. I was already wet, and my clit was already swollen just from the idea of doing that, that I didn't even have to bring any wettness to the surface. I sniffed and jilled for all of two minutes. When I felt myself getting closer to cumming, I laid her pussy smell on my face and inhaled DEEPLY! I felt my muscles contract for what seemed like forever. I collapsed and laid there on the bed with her underwear still on my face and thought what if someone came in here? So I straightend myself up and went to flush the toilet, since that is what I was supposed to be doing anyway.
After that, I went to lay down on my blankets (with my face still smelling like my friends pussy) with the rest of the girls. They all seemed to have fallen asleep or were really groggy in that small period of time, so I smiled to myself thinking about what I had just done. I was relieved that I didn't have to worry about anyone wandering about the faint pussy smell coming from me. After about 10 minutes of waiting for everyone to fall asleep, my friend whose panties I had just inhaled, was on her way to sleep too. I was tossing and turning, waiting for her to be completely asleep, so that I could masturbate again with her next to me and my face smelling like her. It was really nice having that fresh memory to help me with pleasuring myself all over again. I then wondered if any of them would wake up in the middle of the night to do the same thing, finger fuck themselves while the rest of us slept, or smell our panities and masturbate with them. I don't know, maybe it's just me:)