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Sold for $1,875,000
  • $1,875,000

    489 Regatta Bay Blvd, Destin, FL 32541

    4beds
    3,982sqft
    Single Family Residence
    Built in 2016
    0.32 Acres Lot
    $1,886,000 Zestimate®
    $471/sqft
    $7,231 Estimated rent

    Home value

    $1,886,000

    $1.72M - $2.06M

    $7,231/mo

    Zestimate® history
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    What's special

    Open floor planLakefront residenceCalcutta marble countertopsElegant hardwood flooring throughoutOpen dining roomBuilt-in sub-zero refrigerator
    Priced below recent appraisal! Discover the perfect fusion of modern elegance and artistic coastal contemporary design in this remarkable lakefront residence. This newly built home sits on one of the premier lots in Regatta Bay and offers both lake and golf course views. The home is located within the prestigious gated golf and boating community of Regatta Bay. Completed in 2016, this meticulously designed home showcases an open floor plan with the majority of the home located on the main level. The thoughtfully arranged layout features four bedrooms and four and a half bathrooms, enhanced by clean lines and exquisite designer finishes throughout. This designer finished property boasts remarkable features, including soaring 12-foot ceilings on the main level and an oversized three-car garage with ample parking. The interior showcases elegant hardwood flooring throughout, leading to a spacious living room that is anchored by a contemporary gas stone fireplace. This inviting space offers seamless access to an expansive screened lanai, showcasing 650 square feet of outdoor living space adorned with pecky cypress ceilings and beautiful views. The outdoor area is further complemented by a secondary gas fireplace, pool and hot tub, perfectly positioned to capture breathtaking western sunsets and picturesque views of the lake and multi award winning golf course. The designer kitchen is a culinary dream, with custom built cabinetry, Calcutta marble countertops, 60-inch Wolf gas range and a built-in Sub-Zero refrigerator. The kitchen flows effortlessly into the open dining room and includes an oversized pantry with premium storage options. The master suite radiates coastal charm with and a spa-like master bathroom complete with a luxurious soaking tub, dual vanities, chevron-pattern marble flooring, and an oversized walk-in shower adorned with hand-hewn beam accents and dual shower heads. The 13x16 master closet is a standout feature, offering direct access from the master suite and showcasing custom-built shelving along with a center island for optimal storage. Additionally, the laundry room conveniently connects to the master closet for enhanced functionality. On the second floor, you will find two additional bedrooms each with en-suite bathrooms, as well as a flex space. Regatta Bay is a serene, gated community that seamlessly blends golf and boating, offering a lifestyle that is truly unparalleled! The essence of the Regatta Bay Lifestyle revolves around convenience, allowing residents to easily access numerous enjoyable destinations within minutes via golf cart, including the beach! Within the community, residents can indulge in golf, swimming, tennis, pickleball, parks, playgrounds, the Regatta Bay Clubhouse, Legendary Marine, and Legendary Yacht Club. Furthermore, Regatta Bay features a private road that leads directly to the Destin Commons, where an array of popular retail stores for both men and women awaits, alongside a diverse selection of restaurants, Whole Foods, Bass Pro, Lowes, an AMC movie theater, and Uncle Buck's Bowling-all easily reachable by golf cart. Regatta Bay is centrally located offering easy access to the airport and only a few miles from Northwest Florida's finest hospital.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lindsey K Lynch,

    Legendary Realty LLC

    Bought with:

    Lindsey K Lynch, 3108865

    Legendary Realty LLC

    Source: ECAOR,MLS#: 976567MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: First
    • Area: 289.6 Square Feet
    • Dimensions: 18.1 x 16
    Bedroom
    • Level: First
    • Area: 168.19 Square Feet
    • Dimensions: 13.9 x 12.1
    Bedroom
    • Level: Second
    • Area: 204.36 Square Feet
    • Dimensions: 15.6 x 13.1
    Bedroom
    • Level: Second
    • Area: 204.36 Square Feet
    • Dimensions: 15.6 x 13.1
    Bonus room
    • Level: Second
    • Area: 125.84 Square Feet
    • Dimensions: 12.1 x 10.4
    Kitchen
    • Level: First
    • Area: 246.3 Square Feet
    • Dimensions: 18.11 x 13.6
    Living room
    • Description: Living/dining combo
    • Level: First
    • Area: 547.62 Square Feet
    • Dimensions: 27.11 x 20.2
    Heating
    • Central, Natural Gas
    Cooling
    • Ceiling Fan(s)
    Appliances
    • Included: Dishwasher, Disposal, Microwave, Range Hood, Refrigerator, Gas Water Heater, Tankless Water Heater
    • Laundry: Washer/Dryer Hookup
    Features
    • Beamed Ceilings, Crown Molding, Vaulted Ceiling(s), Kitchen Island, Recessed Lighting, Owner's Closet, Pantry, Shelving, Upgraded Media Wing, Wet Bar, Woodwork Painted, Natural Woodwork
    • Flooring: Hardwood, Tile
    • Doors: Storm Door(s)
    • Windows: Double Pane Windows, Storm Window(s)
    • Has fireplace: Yes
    • Fireplace features: EPA Qualified Fireplace, Fireplace 2+
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 3,982
    • Total interior livable area: 3,982 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage Door Opener
    • Attached garage spaces: 3
    Features
    • Stories: 2
    • Patio & porch: Screened
    • Exterior features: Outdoor Grill, Sprinkler System, Outdoor Kitchen, Rain Gutters
    • Has private pool: Yes
    • Pool features: In Ground, Gunite
    • Has spa: Yes
    • Spa features: Heated
    • Has view: Yes
    • View description: Lake
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake Front
    Lot
    • Size: 0.32 Acres
    • Dimensions: 90.49 x 155.52 x 90.15 x 151.79
    • Features: Covenants, On Golf Course, Restrictions, Sidewalk, Within 1/2 Mile to Water
    Details
    • Parcel number: 002S22209200000610
    • Zoning description: Resid Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Frame, Brick Front, Stucco
    • Foundation: Slab
    • Roof: Slate
    Condition
    • Construction Complete
    • New construction: No
    • Year built: 2016

    Utilities & green energy

    • Water: Public
    Green energy
    • Energy efficient items: Doors

    Community & HOA

    Community
    • Features: Boat Launch, Community Room, Dock, Fishing, Game Room, Gated, Golf, Marina, Short Term Rental - Not Allowed, Picnic Area, Playground, Pool, Tennis Court(s), Waterfront, Pickleball
    • Security: Smoke Detector(s)
    • Subdivision: Regatta Bay
    HOA
    • Has HOA: Yes
    • Services included: Maintenance Grounds, Land Recreation, Management, Recreational Faclty, Security
    Location
    • Region: Destin

    Financial & listing details

    • Price per square foot: $471/sqft
    • Tax assessed value: $1,426,721
    • Annual tax amount: $14,721
    • Date on market: 5/19/2025

    Price history

    DateEventPrice
    2/5/2026Sold$1,875,000-6.1%$471/sqft
    Source: ECAOR #976567 Report a problem
    1/19/2026Pending sale$1,997,000$502/sqft
    Source: ECAOR #976567 Report a problem
    1/4/2026Price change$1,997,000-7.1%$502/sqft
    Source: ECAOR #976567 Report a problem
    10/10/2025Price change$2,150,000-3.3%$540/sqft
    Source: ECAOR #976567 Report a problem
    9/10/2025Price change$2,224,000-1.2%$559/sqft
    Source: ECAOR #976567 Report a problem
    7/22/2025Price change$2,250,000-9.6%$565/sqft
    Source: ECAOR #976567 Report a problem
    6/30/2025Price change$2,488,750-4.2%$625/sqft
    Source: ECAOR #976567 Report a problem
    6/10/2025Price change$2,597,000-2%$652/sqft
    Source: ECAOR #976567 Report a problem
    5/19/2025Listed for sale$2,649,000+89.2%$665/sqft
    Source: ECAOR #976567 Report a problem
    5/28/2020Sold$1,400,000-3.4%$352/sqft
    Source: ECAOR #841464 Report a problem
    5/8/2020Price change$1,450,000-3.3%$364/sqft
    Source: Scenic Sotheby's International Realty #841464 Report a problem
    2/28/2020Listed for sale$1,500,000+13.2%$377/sqft
    Source: Scenic Sotheby's International Realty #841464 Report a problem
    5/23/2018Sold$1,325,000-3.6%$333/sqft
    Source: ECAOR #786621 Report a problem
    5/15/2018Listed for sale$1,375,000$345/sqft
    Source: Scenic Sotheby's International Realty #786621 Report a problem
    5/15/2018Pending sale$1,375,000$345/sqft
    Source: Scenic Sotheby's International Realty #786621 Report a problem
    1/25/2018Price change$1,375,000-1.7%$345/sqft
    Source: Scenic Sotheby's International Realty #786621 Report a problem
    11/14/2017Listed for sale$1,399,000+11.9%$351/sqft
    Source: Scenic Sotheby's International Realty #786621 Report a problem
    11/17/2016Sold$1,250,000+6.8%$314/sqft
    Source: Public Record Report a problem
    4/6/2016Sold$1,170,200+0.4%$294/sqft
    Source: Public Record Report a problem
    12/4/2015Listed for sale$1,165,000+6.1%$293/sqft
    Source: Legendary Realty, Inc. #733294 Report a problem
    9/24/2015Listing removed$1,098,000$276/sqft
    Source: Legendary Realty, Inc. #733294 Report a problem
    8/16/2015Listed for sale$1,098,000+390.2%$276/sqft
    Source: Legendary Realty, Inc. #733294 Report a problem
    4/17/2015Sold$224,000-26.6%$56/sqft
    Source: Public Record Report a problem
    12/30/2004Sold$305,000$77/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$14,721 +3.1%$1,367,925 -4.9%
    2023$14,285 +11.3%$1,438,172 +14.5%
    2022$12,835 +12.5%$1,255,826 +22.2%
    2021$11,410 +6%$1,027,742 +6.9%
    2020$10,767 -4.7%$961,693 -3.3%
    2019$11,301 +1.3%$994,072 +2.7%
    2018$11,153 $967,734 +7.5%
    2017$11,153 +5.4%$900,020 +662.7%
    2016$10,578 +667.9%$118,000 +24%
    2015$1,377 +20.2%$95,161 -0.3%
    2014$1,146 $95,400 +6%
    2013-- $90,000
    2012-- $90,000 -28.6%
    2011-- $126,001 -10%
    2010-- $140,000 -44%
    2009-- $250,000 -23.1%
    2008-- $325,000 -7.1%
    2007-- $350,000
    2006-- $350,000 +112.1%
    2005-- $165,000 +16.7%
    2004-- $141,400 +10.2%
    2003-- $128,316 +2%
    2002-- $125,800
    Find assessor info on the county website

    Neighborhood: 32541

    Nearby schools

    GreatSchools rating
    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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