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$6,995,000

Beds
5
Baths
5.5
sq ft
7,027

4518 Olde Plantation Pl, Destin, FL 32541

4518 Olde Plantation Pl

Destin, FL 32541

  • 1 day on market
Nestled within the prestigious gates of Kelly Plantation, this fully renovated waterfront estate is the epitome of luxury living and the ultimate playground for water enthusiasts, situated on 145 feet of majestic western facing bayou vistas. Thoughtfully reimagined by Duce & Co, this regal residence boasts brilliant design details, an expansive open floor plan, and a custom-tailored dock featuring an 80-foot deep water boat slip with additional pontoon slip, as well as jet ski slips. With 145 feet of bayou frontage on wide, deep water, this home offers unparalleled access to Destin's vibrant waterways and the luckiest fishing village on earth! This rare opportunity combines elegance and functionality, situated on a lot graced with mature live oaks and magnolias, and newly installed tropical modern landscaping that accentuates its impressive architectural facade. From the moment of arrival, the stunning brick paver circular drive and porte-coch??re set a tone of sophistication, leading to custom designed solid wood entry doors that open into a grand foyer with double height ceiling. Inside, the home's refined craftsmanship is immediately apparent, with soaring 23-foot ceilings in the living room, a dramatic newly minted solid marble fireplace, and an adjoining formal dining room perfect for hosting guests. The wood clad study/library exudes timeless charm with custom-built shelving. The luxurious primary wing is a private retreat, featuring a spacious waterfront bedroom, two large walk-in closets, and a spa-inspired bath complete with a soaking tub, a large double vanity, a private water closet, and a walk-in shower. The heart of the home unfolds in the open concept living area, where a large casual dining space flows into the fully renovated chef's kitchen. The kitchen dazzles with custom cabinetry, gleaming stone countertops, an expansive breakfast bar, a walk-in pantry, and premium Viking appliances, including a gas cooktop and double dishwashers anchored in the oversized center island. Adjacent is the leisure room, where sliding glass pocket doors open at a 45-degree angle to seamlessly connect indoor and outdoor living. Designed for entertaining and family living, the property includes two ensuite guest rooms on the main level, a generously sized laundry center, and a second-floor media room, complete with a 100" + big screen television and finely appointed luxury recliners. Upstairs, there are two additional ensuite bedrooms and a 12.5' x 29' heated and cooled storage room as well as a glass railed balcony for soaking in the bayou vistas at sunset. Throughout the home, exquisite touches abound, from deep crown molding and custom floors to designer lighting and thoughtful lighting detail & finishes, reflecting unparalleled attention to craft. The outdoor living area is a private oasis, featuring a newly built summer kitchen, a massive resort style pool with a tranquil water feature, and a private dock equipped with boat slips and watercraft lifts. Designed to accommodate a large 80' vessel, the dock provides seamless access to the open bay just three lots away, making it a short ride to Crab Island, Destin Harbor, and the Gulf of Mexico. For peace of mind, the property includes a generator access. Fully renovated, this home is a true masterpiece offering waterfront living at its finest. If you're seeking an unparalleled combination of elegance, functionality, and access to world-class boating, golfing, white sand beaches as well as the world class restaurants and shopping nearby, this Kelly Plantation residence is your ultimate destination. Reach out to us today for more information.

Details

Property type

Single Family Residence

Est. home value

$4,290,340

Lot size

0.82 acres

Price per sq ft

$996

Year built

2007

Monthly HOA fee

$266.67

Price History

11/18/2024
EmeraldCoast

EmeraldCoast #963262

Listed
$6,995,000
+84.08%
05/27/2022
EmeraldCoast

EmeraldCoast #894660

Sold
$3,800,000
+22.58%
03/15/2018
EmeraldCoast

EmeraldCoast #762495

Sold
$3,100,000

Schools & Community

Elementary school: 

Destin

Middle school: 

Destin

High school: 

Destin

Community features: 

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

Colonial Bank Na

Loan start date

July 2005

Original loan amount

$1,305,000

Est. remaining balance

Not provided

Interest rate

5.65%

Loan type

Balloon, 2 year

Seller

Charles W Rigdon and Tina J Rigdon

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: 11/19/2024 at 2:10 AM

Listing updated: 11/18/2024 at 4:31 PM

Listed by: Spears Group, Spears Group, Compass Phone #: (305) 851-2820

MLS: EmeraldCoast #963262

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