Keller Williams Emerald Coast - Heather Blatz
1/66
Listing Courtesy Of: Berkshire Hathaway HomeServices PenFed Realty, Cristina Waghalter
Local Realty Services Provided By: Keller Williams Realty Gulf Coast
Overview
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$5,495,000
737 Bayou Drive, Destin, FL 32541
5 Beds
5 Baths
6,456 sq ft
.92 ac
$5,495,000

737 Bayou Drive, Destin, FL 32541

Estimation provided by Keller Williams Realty Inc.
5 Beds
5 Baths
6,456 sq ft
.92 ac
Active
For Sale

Property Description

Discover a rare opportunity to own the pinnacle of coastal living in this custom-designed masterpiece, gracefully poised on .92 acres of protected deep water in Destin's coveted Joe's Bayou. This 2018-built estate, elevated over 20 feet above sea level, seamlessly blends Southern sophistication with modern luxury, offering 6,456 sq ft of unparalleled craftsmanship and amenities. The tranquility of the private tree-lined drive sets the stage for the exquisite finishes found throughout this captivating property. The residence unfolds with aged French Oak flooring and wall-to-wall glass, seamlessly connecting the interior to breathtaking water views and establishing a perfect setting for indoor/outdoor entertaining. Meticulous attention to detail is showcased in the custom millwork and soaring, crown-molded ceilings, contributing to the distinguished and timeless character of this home. Indulge your inner chef in the show-stopping kitchen, equipped with top-of-the-line Thermador appliances, elegant quartz countertops, bespoke inset cabinetry, and an impressive butler's pantry. The formal dining room, with its artfully designed ceiling, provides an elevated setting for memorable gatherings. Indulge in the ultimate waterside escape within the expansive master suite, nestled in the northwest wing, complimented by a spa-inspired ensuite with his-and-her custom closets, a testament to thoughtful design for the most discerning individual. Your waterfront paradise unfolds outdoors, featuring a stunning brick paver heated saltwater pool and spa, a fully equipped summer kitchen for effortless alfresco dining, and an oversized private dock with dual boat lifts and a jet ski lift, offering the quintessential Destin boating experience. From its prized location in Destin's most coveted enclave, this exceptional estate offers unparalleled access to Crab Island, East Pass, and the limitless Gulf. Additional notable features include two private office spaces, an extended three-car garage, and exceptional storage throughout. With no HOA and situated in an X Flood Zone (no flood insurance required), it offers both freedom and security. The generously sized upstairs bedroom with an ensuite is a versatile space, perfect for a game room, entertainment area, or gym; combining privacy, space, and flexibility. Now is your chance to acquire this rare legacy waterfront property, a source of joy and lasting value for generations to come!

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Property Details

Compare This Home
Overview
Property Type
Detached Single Family
Property Size
6,456 sq ft
Year Built
2018
Days on Site
6 Days
HVAC
Central, Central Air
Parking
3 Parking Spaces
Your Agent
Keller Williams Emerald Coast
BK3296117

Activity History

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Purchase Price: $5,495,000
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Price & Tax History

Date
Event
Price
03/25/2025
Listed
$5,495,000
(+52.64%)
10/29/2021
Sold
$3,600,000
(+393.83%)
03/24/2017
Sold
$729,000
(+22.52%)
04/25/2014
Sold
$595,000
(+8.18%)
10/25/2000
Sold
$550,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$38,015
(+16.25%)
$2,713,490
Land 760,567 + Additions 2,460,173
2022
$32,700
(+40.93%)
$2,713,490
Land 658,499 + Additions 2,054,991
2021
$23,204
(+4.98%)
$1,868,510
Land 544,769 + Additions 1,323,741
2020
$22,102
(+4.16%)
$1,766,466
Land 520,128 + Additions 1,246,338
2019
$21,218
(+244.19%)
$1,672,785
Land 479,502 + Additions 1,193,283
2018
$6,165
(-8.58%)
$480,099
Land 470,099 + Additions 10,000
2016
$6,743
$529,617
Land 510,867 + Additions 18,750
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Your Agent
Keller Williams Emerald Coast
BK3296117

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