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$5,495,000

Beds
5
Baths
4.5
sq ft
6,456

737 Bayou Dr, Destin, FL 32541

737 Bayou Dr

Destin, FL 32541

  • Coming soon
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 22 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, complete with a spa-inspired ensuite and 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 saltwater pool and spa, a fully equipped summer kitchen for effortless alfresco dining, and a 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. Now is your chance to acquire this rare legacy waterfront property, a source of joy and lasting value for generations to come.

Details

Property type

Single Family Residence

Est. home value

$4,285,127

Lot size

0.92 acres

Price per sq ft

$852

Year built

2018

Price History

10/29/2021
EmeraldCoast

EmeraldCoast #875113

Sold
$3,600,000
+393.83%
03/23/2017
EmeraldCoast

EmeraldCoast #753192

Sold
$729,000
+22.52%
04/25/2014
EmeraldCoast

EmeraldCoast #599748

Sold
$595,000

Schools & Community

Elementary school: 

Destin

Middle school: 

Destin

High school: 

Fort Walton Beach

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

Fnbt Bank

Loan start date

February 2020

Original loan amount

$900,000

Est. remaining balance

Not provided

Interest rate

3.3%

Loan type

Credit Line (Revolving)

Seller

Joshua C Reiker and Ilona Reiker

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: Coming Soon

Tomo last checked: 03/14/2025 at 3:35 AM

Listing updated: 03/13/2025 at 10:54 AM

Listed by: Cristina M Waghalter, Cristina M Waghalter, Cristina M Waghalter, Berkshire Hathaway HomeServices PenFed Realty Phone #: (850) 932-6278

MLS: EmeraldCoast #971025

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