An extraordinary lakefront estate within the exclusive, gated enclave of Destiny, 4659 Destiny Way--known as The White Pearl--presents over 7,000 square feet of masterfully designed living space just moments from Gulf access and Destin's iconic sugar-white sands.
This one-of-a-kind coastal compound is composed of a grand main residence and a beautifully appointed guest house, seamlessly connected by elegant breezeways and offering a total of eleven bedrooms and ten full baths and two half baths. Each suite is designed to provide comfort, privacy, and refined coastal style--creating an exceptional setting for large-scale entertaining, multigenerational living, or luxury rental income. Set along 80 feet of pristine frontage on Four Prong Lake, the outdoor experience is nothing short of resort-caliber. An infinity-edge pool with swim-up bar and waterfall feature overlooks the water, complemented by a spa, expansive sun decks, and a fully equipped summer kitchen with gas grill--perfect for effortless entertaining. A lakeside fireplace, pool bath, and multiple gathering areas further elevate the experience, while panoramic lake and Gulf views create a breathtaking backdrop.
Inside, coastal-modern interiors are enhanced by custom finishes, multiple wet bars, wine and beverage coolers--offering seamless indoor-outdoor living and entertainment. Recent enhancements, including a refreshed exterior and updated pool systems, ensure both beauty and performance.
Designed to accommodate up to 34 guests with parking for 12 vehicles, this remarkable estate has proven itself as a premier income-producing property while maintaining the feel of a private luxury retreat. Residents enjoy access to exclusive community amenities including tennis courts, a fitness center, and a golf cart-friendly lifestyle--all within one of Destin's most coveted communities.
Whether envisioned as a legacy family compound or a high-performing investment, The White Pearl embodies the scale, sophistication, and resort-style living that define the Emerald Coast's finest properties.
For sale
$5,490,000
4659 Destiny Way, Destin, FL 32541
11beds
7,041sqft
Single Family Residence
Built in 1997
9,583 Square Feet Lot
$-- Zestimate®
$780/sqft
$-- HOA
What's special
Lakeside fireplaceExtraordinary lakefront estateEleven bedroomsRefreshed exteriorUpdated pool systemsGrand main residenceWine and beverage coolers
- 86 days |
- 1,259 |
- 60 |
Zillow last checked:
Listing updated:
Listed by:
Dahler & Co. dahlerandco@scenicsir.com,
Scenic Sotheby's International Realty
Source: ECAOR,MLS#: 999662
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 12
- Full bathrooms: 10
- 1/2 bathrooms: 2
Primary bedroom
- Description: main house
- Level: Third
- Area: 379.5 Square Feet
- Dimensions: 23 x 16.5
Bedroom
- Description: main house
- Level: Second
- Area: 208 Square Feet
- Dimensions: 16 x 13
Bedroom
- Description: main house
- Level: Second
- Area: 196 Square Feet
- Dimensions: 14 x 14
Bedroom
- Description: main house
- Level: First
- Area: 156 Square Feet
- Dimensions: 13 x 12
Bedroom
- Description: main house
- Level: First
- Area: 168 Square Feet
- Dimensions: 14 x 12
Bedroom
- Description: attached house
- Level: Third
- Area: 210 Square Feet
- Dimensions: 15 x 14
Bedroom
- Description: attached house
- Level: Third
- Area: 204 Square Feet
- Dimensions: 17 x 12
Bedroom
- Description: attached house
- Level: Second
- Area: 203 Square Feet
- Dimensions: 14 x 14.5
Bedroom
- Description: attached house
- Level: First
- Area: 297.5 Square Feet
- Dimensions: 17 x 17.5
Other
- Description: main house
- Level: First
- Area: 80 Square Feet
- Dimensions: 10 x 8
Other
- Description: attached house
- Level: First
- Area: 294 Square Feet
- Dimensions: 21 x 14
Kitchen
- Description: main house
- Level: Second
- Area: 207 Square Feet
- Dimensions: 23 x 9
Kitchen
- Description: attached house
- Level: Second
- Area: 207 Square Feet
- Dimensions: 23 x 9
Heating
- Heat Pump, Central, Natural Gas
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Dryer, Microwave, Range Hood, Washer, Gas Water Heater, Tankless Water Heater
- Laundry: Washer/Dryer Hookup
Features
- Breakfast Bar, Bookcases, Cathedral Ceiling(s), Crown Molding, Vaulted Ceiling(s), Kitchen Island, Recessed Lighting, Newly Painted, Owner's Closet, Pantry, Wet Bar
- Flooring: Tile
- Windows: Double Pane Windows, Skylight(s), Window Treatments, Hurricane Shutters
- Has fireplace: Yes
- Fireplace features: EPA Qualified Fireplace, Gas, Fireplace 2+
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 7,041
- Total interior livable area: 7,041 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage Door Opener, Oversized, Covered
- Attached garage spaces: 2
- Carport spaces: 1
- Covered spaces: 3
Features
- Stories: 3
- Patio & porch: Covered, Porch
- Exterior features: Outdoor Grill, Balcony, Columns, Dock, Lawn Pump, Outdoor Shower, Sprinkler System, Outdoor Kitchen, Rain Gutters
- Has private pool: Yes
- Pool features: Heated, In Ground, Gunite
- Has spa: Yes
- Spa features: Heated
- Fencing: Partial,Privacy
- Has view: Yes
- View description: Gulf, Lake
- Has water view: Yes
- Water view: Gulf,Lake
- Waterfront features: Lake Front, Seawall
Lot
- Size: 9,583 Square Feet
- Dimensions: 80 x 100
- Features: Cul-De-Sac, Survey Available, Within 1/2 Mile to Water
Details
- Additional structures: Guest House, Pavillion/Gazebo
- Parcel number: 002S22040000000260
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Stucco
- Roof: Slate
Condition
- Construction Complete,Renovated
- New construction: No
- Year built: 1997
Utilities & green energy
- Water: Public
Green energy
- Energy efficient items: Doors
Community & HOA
Community
- Features: BBQ Pit/Grill, Fitness Center, Fishing, Gated, Pavillion/Gazebo, Pool, Tennis Court(s), Waterfront, Short Term Rental - Allowed
- Security: Fire Alarm, Security System, Smoke Detector(s)
- Subdivision: DESTINY S/D
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Management, Recreational Faclty, Security
Location
- Region: Destin
Financial & listing details
- Price per square foot: $780/sqft
- Tax assessed value: $3,956,439
- Annual tax amount: $37,241
- Date on market: 4/2/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/2/2026 | Listed for sale | $5,490,000-3.6%$780/sqft |
Source: | ||
| 9/2/2025 | Listing removed | $5,695,000$809/sqft |
Source: | ||
| 4/2/2025 | Price change | $5,695,000-1.7%$809/sqft |
Source: | ||
| 3/3/2025 | Listed for sale | $5,795,000$823/sqft |
Source: | ||
| 11/5/2024 | Listing removed | $5,795,000$823/sqft |
Source: | ||
| 9/12/2024 | Price change | $5,795,000-2.6%$823/sqft |
Source: | ||
| 3/2/2024 | Listed for sale | $5,950,000+32.2%$845/sqft |
Source: | ||
| 4/22/2022 | Sold | $4,500,000-9.1%$639/sqft |
Source: | ||
| 3/12/2022 | Pending sale | $4,950,000$703/sqft |
Source: | ||
| 3/4/2022 | Listed for sale | $4,950,000+39.4%$703/sqft |
Source: | ||
| 6/18/2021 | Sold | $3,550,000+6%$504/sqft |
Source: | ||
| 1/14/2021 | Listing removed | -- |
Source: | ||
| 10/31/2020 | Listed for sale | $3,349,000+52.2%$476/sqft |
Source: East Pass Realty Inc #858394 Report a problem | ||
| 5/18/2018 | Sold | $2,200,000-24.1%$312/sqft |
Source: | ||
| 5/15/2018 | Listed for sale | $2,899,000$412/sqft |
Source: Keller Williams Emerald Coast Realty #769375 Report a problem | ||
| 5/15/2018 | Pending sale | $2,899,000$412/sqft |
Source: Keller Williams Emerald Coast Realty #769375 Report a problem | ||
| 4/11/2018 | Price change | $2,899,000-3.3%$412/sqft |
Source: Keller Williams Emerald Coast Realty #769375 Report a problem | ||
| 10/25/2017 | Price change | $2,999,000-3.3%$426/sqft |
Source: Destin #769375 Report a problem | ||
| 9/15/2017 | Price change | $3,100,000-3.1%$440/sqft |
Source: Destin #769375 Report a problem | ||
| 6/7/2017 | Listed for sale | $3,200,000$454/sqft |
Source: Destin #769375 Report a problem | ||
| 4/28/2017 | Listing removed | $3,200,000+10.5%$454/sqft |
Source: Destin #769375 Report a problem | ||
| 3/22/2015 | Listing removed | $2,894,700$411/sqft |
Source: Keller Williams - Destin #717395 Report a problem | ||
| 3/21/2015 | Pending sale | $2,894,700$411/sqft |
Source: Keller Williams - Destin #717395 Report a problem | ||
| 3/21/2015 | Listed for sale | $2,894,700+44.7%$411/sqft |
Source: Keller Williams - Destin #717395 Report a problem | ||
| 3/20/2015 | Sold | $2,000,000-16.6%$284/sqft |
Source: Public Record Report a problem | ||
| 12/11/2014 | Price change | $2,399,000-15.7%$341/sqft |
Source: Cindy Cole Fine Homes LLC #717395 Report a problem | ||
| 11/26/2014 | Listed for sale | $2,844,700+292.4%$404/sqft |
Source: Cindy Cole Fine Homes LLC #717395 Report a problem | ||
| 7/19/2013 | Sold | $725,000-27.4%$103/sqft |
Source: Public Record Report a problem | ||
| 4/14/2004 | Sold | $999,000+33.4%$142/sqft |
Source: Public Record Report a problem | ||
| 12/18/2000 | Sold | $749,000$106/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $46,870 +4.5% | $3,956,439 +5.4% |
| 2023 | $44,844 +19% | $3,753,819 +20% |
| 2022 | $37,693 +48.8% | $3,127,841 +33.6% |
| 2021 | $25,336 +26.2% | $2,340,831 +45.9% |
| 2020 | $20,068 +0.3% | $1,603,928 +1.7% |
| 2019 | $20,013 -4% | $1,577,729 -2.9% |
| 2018 | $20,856 | $1,624,195 +1.9% |
| 2017 | $20,856 +0.1% | $1,593,470 +2.4% |
| 2016 | $20,825 +3% | $1,556,672 +12.5% |
| 2015 | $20,220 +10.4% | $1,383,163 +102.6% |
| 2014 | $18,324 | $682,568 -33.6% |
| 2013 | -- | $1,028,348 -0.4% |
| 2012 | -- | $1,032,684 +5.3% |
| 2011 | -- | $980,838 -15.5% |
| 2009 | -- | $1,161,222 -6.3% |
| 2008 | -- | $1,239,734 -7.8% |
| 2007 | -- | $1,344,682 -9.5% |
| 2006 | -- | $1,485,840 +22.3% |
| 2005 | -- | $1,214,945 +34.2% |
| 2004 | -- | $905,237 +27.1% |
| 2003 | -- | $712,464 +3.4% |
| 2002 | -- | $689,001 -0.7% |
| 2001 | -- | $694,017 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 32541
Nearby schools
GreatSchools rating
- 9/10Destin Middle SchoolGrades: 5-8Distance: 1.6 mi
- 5/10Fort Walton Beach High SchoolGrades: 9-12Distance: 14 mi
- 10/10Destin Elementary SchoolGrades: PK-4Distance: 5.2 mi
Schools provided by the listing agent
- Elementary: Destin
- Middle: Destin
- High: Destin
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Florida
- Okaloosa County
- Destin
- 32541
- 4659 Destiny Way






