205 Saint Francis Dr N, Miramar Beach, FL 32550

Luxury Mediterranean Pool Home with Guest House in Gated Emerald Waters Village Welcome to this exceptional Mediterranean-style residence in the highly sought-after gated community of Emerald Waters Village, one of Miramar Beach's premier neighborhoods just minutes from Destin's sugar-white beaches and emerald waters. Perfect as a primary residence, second home, or high-performing vacation rental, this beautifully designed property offers approximately 3,100+ square feet of living space between the main home and a private guest house, with 5 bedrooms, 4 full bathrooms, and accommodations for up to 14 guests. At the heart of the home is a private courtyard oasis featuring a sparkling swimming pool surrounded by lush landscaping and brick privacy walls. A covered veranda wraps around the home, creating the perfect space for outdoor dining, entertaining, or simply relaxing poolside. Inside, the open-concept floor plan offers soaring ceilings, elegant archways, abundant natural light, and timeless Mediterranean architecture. The spacious living room flows seamlessly into the dining area and gourmet kitchen, featuring custom cabinetry, granite countertops, stainless steel appliances, a gas range, center island, and ample space for gathering with family and friends. The thoughtfully designed floor plan includes: 5 Bedrooms 4 Full Bathrooms Separate Guest House with Full Kitchen Private Courtyard Pool Covered Outdoor Living Area Multiple Laundry Areas Spacious Open Living & Dining Areas The first-floor guest suite provides convenient access for family and visitors, while upstairs the luxurious primary suite features a king bedroom, bonus sleeping nook, spa-inspired bathroom with double vanities, soaking tub, and separate walk-in shower. Two additional king bedrooms complete the second floor. Across the courtyard, the detached guest house provides exceptional flexibility with its own living area, full kitchen, king bedroom, full bath, and additional sleeping accommodationsideal for extended family, guests, or maximizing vacation rental income. Residents enjoy exclusive access to: Two seasonally heated community pools Gated entrance Private deeded beach access just a 4 minute walk away Beautifully maintained neighborhood The location is second to none. Just minutes from Silver Sands Premium Outlets, Grand Boulevard, Baytowne Wharf, championship golf courses, waterfront restaurants, beach bars, shopping, entertainment, and countless outdoor activities. Whether you're looking for a luxury beach retreat, an income-producing investment property, or both, this exceptional Miramar Beach home offers the perfect combination of privacy, location, and coastal lifestyle. --- ### Property Highlights * Located in the gated Emerald Waters Village community * 5 Bedrooms | 4 Bathrooms * Main House + Detached Guest House * Private Courtyard Swimming Pool * Deeded Beach Access (4 minute walk) * Two Community Pools * Open-Concept Living * Gourmet Kitchen with Gas Range * Multiple King Suites * Strong Vacation Rental Potential * Minutes to Destin's beaches, shopping, dining, and entertainment