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$20,000,000

Beds
8
Baths
8.5
sq ft
15,195

4300 Breakwater Dr, Destin, FL 32541

4300 Breakwater Dr

Destin, FL 32541

  • 128 days on market
SPECTACULAR WATERFRONT ESTATE featured on HGTV'S EXTREME HOMES! Welcome to 4300 Breakwater Drive, Destin, Florida's Most Prestigious Waterfront Estate located within the exclusive Waterford of Kelly Plantation; a gated enclave within a gated master-planned community that offers a pristine golf course, club house with restaurant, tennis, and new pickleball courts! This magnificent home displays a fabulous Tuscan style and exquisite features and finishes throughout. Oriented on indisputably the finest bay-front acreage in all of Destin, the sprawling 1.8-acre estate contains over 400' of water frontage on the Choctawhatchee Bay and Jones Bayou, and a brick-paved path to the boat dock. Custom built using the finest of materials and technology, this estate reflects elegance and... sophistication. A brick-paved motor court leads to the dramatic arched limestone entrance, flanked by two lion sculptures and iron Cantera doors. The grand foyer has dual stairways, each with hand railings complementing the styling of the front doors and allows for direct views through to the expansive pool pavilion with the ultimate backdrop: the serene Choctawhatchee Bay waters! The first level features an open, inviting floor plan that is perfect for entertaining family and guests. A formal living and formal dining room flank the grand foyer. The dining room opens to a large wet bar with commercial grade 3' x 5' walk-in cooler and the family/casual dining area/kitchen. A circular floor-to-ceiling aquarium is just one mesmerizing focal point of this grand space. The gourmet kitchen would please the fussiest cook, with plenty of custom cabinetry, professional-grade appliances, and double-stacked granite counters. Just beyond the family room and visible from the kitchen is the home theater room, featuring stadium seating and 113' wide screen. The luxurious master wing has a large bedroom with three televisions mounted to the ceiling over the bed, a waterfront sitting area, a fireplace, a sumptuous designer bathtub, a large walk-in shower, double vanities, and two walk-in closets. Two additional bedroom suites are on the first level, as well as an exercise room. Take the stairs or the elevator to the second level to find three additional bedroom suites, a wet bar and adjoining den, a massage room, a large storage room, two offices with a private entrance, and a large balcony overlooking the bay and pool area. Step outside on the first level to a tropical oasis, with a beach-entry pool, a fountain with swim-up bar, and a lanai with summer kitchen and fireplace. Stacking sliding glass doors open from the family room, formal dining room, and living room onto the lanai, expanding the living and entertaining space. There are two garages, each accommodate three cars. In addition to the main house, a guest house over the north garage has two bedrooms, a full kitchen and living area, and a private entrance. So much thought went into every detail of this magnificent home! Every aspect of this interior has been finely appointed throughout with ruffled stone floors, Alder doors, hardwood floors, intricate trayed and domed ceilings. Also includes conditioned pet rooms with pet doors; a commercial-grade sprinkler system; a geo-thermal heating and cooling system; smart house technology, and much more! This expansive waterfront point at the end of Waterford's private cul-de-sac features lush landscaping, as well as a boat dock. A new whole-house generator was installed in 2024! A property of this caliber is a rarity and will certainly be admired by discriminating ownership that demands the finest details! Please inquire for further details and to schedule a private showing.

Details

Property type

Single Family Residence

Est. home value

$8,951,401

Lot size

1.87 acres

Price per sq ft

$1,317

Year built

2006

Monthly HOA fee

$183.33

Price History

08/16/2024
EmeraldCoast

EmeraldCoast #957086

Listed
$20,000,000
+418.81%
02/23/2016
EmeraldCoast

EmeraldCoast #743532

Sold
$3,855,000

Schools & Community

Elementary school: 

Destin

Middle school: 

Destin

High school: 

Destin

Community features: 

Gated, Pool, Tennis Court(s)

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Coastal Bank & Trust

Loan start date

February 2016

Original loan amount

$2,698,500

Est. remaining balance

Not provided

Interest rate

3.97%

Loan type

Not Provided

Seller

Ocean 5 Development Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/22/2024 at 4:25 PM

Listing updated: 11/14/2024 at 12:17 PM

Listed by: John Paul Somers, John Paul Somers, Somers & Company Phone #: (850) 654-7777

MLS: EmeraldCoast #957086

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