Nestled within the exclusive gated community of Kelly Plantation, this meticulously crafted deep water estate offers over 220' of prime frontage on the Choctawhatchee Bay, set on an acre of land for unparalleled privacy. Boasting exceptional proximity to world-class amenities, dining, and entertainment in Destin, Florida, this masterfully positioned property presents an extraordinary opportunity for luxurious coastal living.
The expansive private dock, previously accommodating a 75' yacht, features low maintenance trex decking, 3 jet ski lifts, a paddle board launch, and two deep water boat slips each with lifts. Architectural grandeur harmonizes with lush tropical landscaping and expansive motor court to create a captivating entrance to this elegant compound home. The main residence showcases predominantly single-level living, maximizing the breathtaking bay views and northwest orientation. The first level primary suite offers a spacious living area, direct access to the rear screened lanai overlooking the water, and a spa-like ensuite bathroom and enormous closets. Smart home technology and meticulous maintenance ensure seamless modern living.
The chef's kitchen, adjoined to the private screened lanai, formal living room and formal dining, features custom cabinetry, a Wolf gas range, Sub Zero refrigeration, and solid stone countertops. The outdoor living area, a true oasis of privacy, encompasses a screened sun deck, pool & spa, outdoor grilling area, and a covered patio with a gas fireplace, pool bath, and a pool house guest suite for your special guests. Additionally, there is an expansive 3 car garage and exercise room with a 2nd level carriage house, complete with its own kitchen, living room, powder bath and full guest suite, adding to the property's allure and versatility.
Additional highlights include four guest suites on the second level of the main house, a private office space and an in-home movie theatre ideal for a large family or exceptional entertaining. This rare offering within Kelly Plantation presents an unparalleled opportunity to secure a deep water property with open Bay views, complemented by its convenient proximity to Whole Foods, esteemed schools, airports, and the renowned white sand beaches of the Emerald Coast.
Sold for $5,750,000
$5,750,000
4502 Olde Plantation Pl, Destin, FL 32541
9beds
8,360sqft
Single Family Residence
Built in 1996
1.01 Acres Lot
$5,537,000 Zestimate®
$688/sqft
$4,373 Estimated rent
Home value
$5,537,000
$4.87M - $6.20M
$4,373/mo
Zestimate® history
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List your homeWhat's special
Outdoor grilling areaPrivate office spaceOpen bay viewsPrivate screened lanaiPowder bathGas fireplaceFormal dining
Zillow last checked:
Listing updated:
Listed by:
Kendall L Hood 850-974-4556,
Compass
Bought with:
Kendall L Hood, 3291130
Compass
Source: ECAOR,MLS#: 940687
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 11
- Full bathrooms: 8
- 1/2 bathrooms: 3
Primary bedroom
- Level: First
- Area: 432 Square Feet
- Dimensions: 24 x 18
Bedroom
- Level: Second
- Area: 224 Square Feet
- Dimensions: 16 x 14
Bedroom
- Level: Second
- Area: 224 Square Feet
- Dimensions: 16 x 14
Bedroom
- Level: Second
- Area: 224 Square Feet
- Dimensions: 16 x 14
Bedroom
- Level: Second
- Area: 196 Square Feet
- Dimensions: 14 x 14
Bedroom
- Level: Second
- Area: 196 Square Feet
- Dimensions: 14 x 14
Bonus room
- Level: Second
- Area: 143 Square Feet
- Dimensions: 13 x 11
Dining room
- Description: Formal
- Level: First
- Area: 270 Square Feet
- Dimensions: 18 x 15
Family room
- Level: First
- Area: 288 Square Feet
- Dimensions: 18 x 16
Great room
- Level: First
- Area: 624 Square Feet
- Dimensions: 26 x 24
Kitchen
- Description: Eat-in Kitchen
- Level: First
- Area: 270 Square Feet
- Dimensions: 18 x 15
Office
- Level: First
- Area: 132 Square Feet
- Dimensions: 12 x 11
Other
- Level: Second
- Area: 882 Square Feet
- Dimensions: 42 x 21
Heating
- Natural Gas
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Disposal, Microwave, Double Oven, Range Hood, Refrigerator
- Laundry: Washer/Dryer Hookup
Features
- Breakfast Bar, Bookcases, Crown Molding, Vaulted Ceiling(s), Tray Ceiling(s), In-Law Floorplan, Kitchen Island, Pantry, Shelving, Wet Bar, Woodwork Painted
- Flooring: Hardwood, Tile, Carpet
- Windows: Plantation Shutters, Window Treatments
- Has fireplace: Yes
- Fireplace features: EPA Qualified Fireplace, Gas
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 8,360
- Total interior livable area: 8,360 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage Door Opener, Detached, Guest, Oversized
- Garage spaces: 3
Features
- Stories: 2
- Patio & porch: Covered, Enclosed, Patio, Porch, Screened
- Exterior features: Outdoor Grill, Balcony, Boat Slip, Boatlift, Columns, Dock, Separate Living Area, Outdoor Kitchen
- Has private pool: Yes
- Pool features: In Ground, Pool - Enclosed
- Has spa: Yes
- Spa features: Heated
- Fencing: Partial
- Has view: Yes
- View description: Bay
- Has water view: Yes
- Water view: Bay
- Waterfront features: Bay, Seawall
Lot
- Size: 1.01 Acres
- Dimensions: 221 x 134 x 224 x 208
- Features: Covenants, Cul-De-Sac, Restrictions, Sidewalk, Within 1/2 Mile to Water
Details
- Additional structures: Guest House
- Parcel number: 002S221355000F0290
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Frame, Stucco
- Foundation: Slab
Condition
- Construction Complete,Renovated
- New construction: No
- Year built: 1996
Utilities & green energy
- Water: Public
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: BBQ Pit/Grill, Community Room, Fitness Center, Fishing, Gated, Pavillion/Gazebo, Picnic Area, Playground, Pool, Tennis Court(s), Waterfront
Location
- Region: Destin
- Subdivision: KELLY PLANTATION S/D
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/12/2024 | Sold | $5,750,000-4%$688/sqft |
Source:  ECAOR #940687 Report a problem | ||
| 2/24/2024 | Pending sale | $5,990,000$717/sqft |
Source: ECAOR #940687 Report a problem | ||
| 1/23/2024 | Listed for sale | $5,990,000+36.1%$717/sqft |
Source: ECAOR #940687 Report a problem | ||
| 11/29/2021 | Sold | $4,400,000-6.3%$526/sqft |
Source: ECAOR #880926 Report a problem | ||
| 10/5/2021 | Pending sale | $4,695,000+16.2%$562/sqft |
Source: ECAOR #880926 Report a problem | ||
| 6/1/2021 | Sold | $4,040,000+12.3%$483/sqft |
Source: ECAOR #865673 Report a problem | ||
| 11/8/2019 | Listing removed | $3,599,000$431/sqft |
Source: Coldwell Banker Residential Real Estate - Destin / 30A #771113 Report a problem | ||
| 3/22/2019 | Price change | $3,599,000-7.5%$431/sqft |
Source: Coldwell Banker Residential Real Estate - Destin / 30A #771113 Report a problem | ||
| 2/19/2019 | Price change | $3,890,000-1.5%$465/sqft |
Source: Coldwell Banker Residential Real Estate - Destin / 30A #771113 Report a problem | ||
| 3/5/2018 | Listed for sale | $3,950,000$472/sqft |
Source: Coldwell Banker Residential Real Estate - Destin / 30A #771113 Report a problem | ||
| 11/14/2017 | Listing removed | $3,950,000$472/sqft |
Source: Coldwell Banker Residential Real Estate - Destin / 30A #771113 Report a problem | ||
| 3/13/2017 | Listed for sale | $3,950,000-1.1%$472/sqft |
Source: Coldwell Banker Residential Re #771113 Report a problem | ||
| 8/16/2016 | Listing removed | $3,995,000$478/sqft |
Source: Coldwell Banker Residential Real Estate - Destin / 30A #746614 Report a problem | ||
| 2/18/2016 | Listed for sale | $3,995,000$478/sqft |
Source: Coldwell Banker Residential Real Estate - Destin / 30A #746614 Report a problem | ||
| 7/20/2015 | Listing removed | $3,995,000$478/sqft |
Source: Coldwell Banker United, Realtors #724043 Report a problem | ||
| 5/29/2015 | Price change | $3,995,000-14.5%$478/sqft |
Source: Coldwell Banker United, Realtors #724043 Report a problem | ||
| 2/28/2015 | Listed for sale | $4,675,000+99.8%$559/sqft |
Source: Coldwell Banker United, Realtors #724043 Report a problem | ||
| 8/11/2010 | Sold | $2,340,000-20.7%$280/sqft |
Source: Public Record Report a problem | ||
| 4/29/2010 | Price change | $2,950,000-1.5%$353/sqft |
Source: Coldwell Banker United, Realtors #526702 Report a problem | ||
| 4/12/2010 | Price change | $2,995,000-4.2%$358/sqft |
Source: Coldwell Banker United, Realtors #526702 Report a problem | ||
| 11/6/2009 | Listed for sale | $3,125,000-4.4%$374/sqft |
Source: COLDWELL BANKER UNITED REALTORS-FWB #526702 Report a problem | ||
| 10/7/2009 | Sold | $3,267,200+8.9%$391/sqft |
Source: Public Record Report a problem | ||
| 9/6/2009 | Price change | $2,999,000-7.6%$359/sqft |
Source: RE/MAX Southern Realty #505244 Report a problem | ||
| 6/6/2009 | Listed for sale | $3,245,000+10.1%$388/sqft |
Source: RE/MAX Southern Realty #505244 Report a problem | ||
| 10/17/2007 | Sold | $2,948,400+2.6%$353/sqft |
Source: Public Record Report a problem | ||
| 1/24/2007 | Sold | $2,875,000$344/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $44,278 +5.4% | $4,186,063 +2.4% |
| 2023 | $41,997 +13.1% | $4,087,409 +18.1% |
| 2022 | $37,138 +33.3% | $3,459,556 +37.8% |
| 2021 | $27,866 +4.6% | $2,509,954 +5.5% |
| 2020 | $26,647 +1.2% | $2,380,032 +2.8% |
| 2019 | $26,331 +2.6% | $2,316,151 +4% |
| 2018 | $25,670 | $2,227,379 +2.3% |
| 2017 | $25,670 +0.3% | $2,178,220 +17.9% |
| 2016 | $25,601 +21% | $1,847,445 +0.7% |
| 2015 | $21,155 -2.4% | $1,834,603 +0.8% |
| 2014 | $21,680 | $1,820,043 +19.4% |
| 2013 | -- | $1,524,307 +2.9% |
| 2012 | -- | $1,481,681 -1.7% |
| 2011 | -- | $1,507,436 -8.1% |
| 2010 | -- | $1,640,791 -17.1% |
| 2009 | -- | $1,978,256 -13.4% |
| 2008 | -- | $2,283,993 -4.2% |
| 2007 | -- | $2,384,787 -1.1% |
| 2006 | -- | $2,412,012 +22.6% |
| 2005 | -- | $1,967,563 +22.2% |
| 2004 | -- | $1,609,523 +10.9% |
| 2003 | -- | $1,451,739 +1.4% |
| 2002 | -- | $1,432,342 +2.2% |
| 2001 | -- | $1,402,105 |
Find assessor info on the county website
Neighborhood: 32541
Nearby schools
GreatSchools rating
- 9/10Destin Middle SchoolGrades: 5-8Distance: 1.3 mi
- 5/10Fort Walton Beach High SchoolGrades: 9-12Distance: 11.6 mi
- 10/10Destin Elementary SchoolGrades: PK-4Distance: 2.7 mi
Schools provided by the listing agent
- Elementary: Destin
- Middle: Destin
- High: Fort Walton Beach
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Florida
- Okaloosa County
- Destin
- 32541
- 4502 Olde Plantation Pl
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