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$1,639,000

Beds
4
Baths
4.5
sq ft
4,037

490 Regatta Bay Blvd, Destin, FL 32541

490 Regatta Bay Blvd

Destin, FL 32541

  • 386 days on market
    • Price drop $6,000↓
    • Open house Nov 23
MOTIVATED SELLER!! Welcome to your coastal paradise at 490 Regatta Bay Boulevard in beautiful Destin! This exquisite estate features 4,000+ square feet of living space including 4-bedrooms, 4.5-bathrooms in a style that exudes Southern charm and modern luxury, offering the ideal blend of elegance and comfort.Park your vehicles in the oversized 2 car garage and come on in to your new home.Inside you'll discover an open and airy living space featuring a dramatic staircase, 20' ft. ceilings, and large windows that flood the rooms with natural light. This house features honed travertine downstairs and pristine acacia hardwood flooring upstairs. The spacious kitchen is a gourmet's dream, complete with top-of-the-line appliances, granite countertops, and an island that's perfect for both meal preparation and casual gatherings. The whole house has been outfitted with custom wooden plantation shutters and meticulously maintained by the current owners. The master suite is a sanctuary of relaxation, boasting a large steam shower, his and hers vanities, and a generously sized walk-in closet. This house features a 2nd master suite upstairs with a custom walk in closet, a bidet, a soaking tub and a walk in shower. The 4th bedroom could be turned into a large gym, media room, or mother-in-law suite, complete with a wet bar. There is also a bonus room currently used as a sitting area. Outside, the expansive patio and lush landscaping create a private oasis for outdoor entertaining and relaxation positioned just along the 10th hole of the Regatta Bay Golf Course. Enjoy sunset cocktails on the covered porch or dine alfresco in the beautifully landscaped backyard while listening to the waterfalls flowing into the pool. This elegant estate is part of the gated Regatta Bay community, known for its world-class golf, tennis, and easy access to the Gulf of Mexico's pristine white sand beaches. This home is the epitome of luxury living in a sought-after coastal destination. Some recent updates include a new 7' refrigerator and gas cooktop, granite throughout with new sinks/faucets, new hvac, solid acacia hardwood flooring, closet and door added to 4th bedroom, new downstairs bathroom vanity/sink, new tile floor upstairs. Don't miss the opportunity to make this stunning property your forever home. Schedule a tour today and experience the beauty and comfort of 490 Regatta Bay Boulevard for yourself.

Details

Property type

Single Family Residence

Est. home value

$1,444,670

Lot size

0.29 acres

Price per sq ft

$406

Year built

2000

Monthly HOA fee

$253.33

Price History

09/30/2024
EmeraldCoast

EmeraldCoast #935854

Price change
$1,639,000
-0.36%
08/21/2024
EmeraldCoast

EmeraldCoast #935854

Price change
$1,645,000
-0.24%
04/09/2024
EmeraldCoast

EmeraldCoast #935854

Price change
$1,649,000
-0.06%

Schools & Community

Elementary school: 

Destin

Middle school: 

Destin

High school: 

Destin

Community features: 

Gated, Pool, Tennis Court(s)

Negotiation Insights

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

Seller could get up to

$1,043,560
Asking price
$1,639,000
Closing costs (~8% of asking)
-$131,120
Est. remaining loan balance
-$464,320
Cash to seller
$1,043,560

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Gulf Coast Bank & Trust Co

Loan start date

October 2020

Original loan amount

$510,400

Est. remaining balance

$464,320

Interest rate

2.93%

Loan type

New Conventional, 30 year

Seller

Samuel Montgomery Lady and Melody Buckingham Lady

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?

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Status: Active

Tomo last checked: 11/23/2024 at 12:20 PM

Listing updated: 11/17/2024 at 5:29 PM

Listed by: Kelly A Shultz, Keller Williams Realty Destin Phone #: (850) 654-2900

MLS: EmeraldCoast #935854

EmeraldCoast logo

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