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For sale
  • $3,450,000

    7 Bay Cove Ln, Shalimar, FL 32579

    5beds
    7,033sqft
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    Single Family Residence
    Built in 2010
    0.49 Acres Lot
    $3,138,000 Zestimate®
    $491/sqft
    $-- HOA

    What's special

    Four zoned hvac systemsGranite surfaces throughoutCustom lighted stone fountainStand-up attic for storageFour gas fireplacesCentral vacuumHands free intercom system
    Experience a level of coastal living rarely offered along the Emerald Coast. This Spanish Mediterranean waterfront residence blends architectural elegance, fortress-level engineering, and intentional design for everyday comfort. Set on 102 feet of Choctawhatchee Bay frontage, the home offers more than 9,000 sq. ft. of total space with 7,272 sq. ft. of heated/cooled living area, positioned off of two quiet dead-end streets with only local traffic. Built with 12-inch Logix ICF concrete walls, impact-rated Low-E windows and doors, open-cell foam attic and garage insulation, Hurriquake roofing nails, a concrete barrel tile roof, an upgraded double-thickness vinyl seawall with granite rip rap, Snap Jacket dock piling protection, and a 45kW natural gas whole-house generator, this residence is engineered for strength, stability, and long-term peace of mind. It is also pre-wired for solar and fully framed and prewired for a future elevator, adding future-ready capability to its substantial resilience profile. After walking up the paved driveway and past lush landscaping with mature trees, the grand entrance begins with bay views through custom 10-foot Spanish Cedar and beveled-glass front doors that lead into a foyer centered around a free-standing engineered travertine staircase crowned by a motorized chandelier set in Pecky Cypress ceiling. Chiseled marble flooring extends throughout the first floor, guiding you through expansive living and dining areas framed by two full-wall retractable sliding glass doors that open to sweeping bay views. Four gas fireplaces, custom wood cabinetry, granite surfaces throughout, and a dedicated wet bar with ice maker and wine cooler elevate both everyday living and entertaining. The home's layout reflects thoughtful intentionality. A hidden private staircase leads directly to the study from the master wing, providing private access without disturbing activity elsewhere in the home. The upstairs study/lounge offers flexible space for reading, gaming, work, or relaxation. A full in-law suite includes its own entrance, driveway, kitchenette, bath, and laundry. Additional conveniences include a heated/cooled insulated workshop/garage, four zoned HVAC systems, whole-home A/V and Internet/Data wiring, central vacuum, hands free intercom system, and a stand-up attic for storage. Outdoor living is exceptional. A 20,000-gallon concrete heated saltwater pool with attached hot tub and custom lighted stone fountain anchors the bayfront backdrop, complemented by two screened lanais (one with a retractable screen), a NatureKast outdoor kitchen with gas grill and hood, and Pecky Cypress ceilings on all covered lanais and balconies. From the pool area, enjoy direct access to the outdoor shower or a dedicated pool bathroom complete with shower and floor drain. The Polaris EOS smart pool/landscape lighting system enables easy control from indoors or remotely. The reinforced dock offers water, electric, a boat lift, and a jet ski lift allowing you to keep your boat and wave runner on the lift, not in the driveway. From here, you can reach Destin by boat often faster than by car. This location embraces a lifestyle that feels like a postcard: beautiful sunrises and sunsets, dolphins in your backyard, and the ability to walk or take a golf cart to Shalimar Golf Course. On holidays, watch the Niceville, Destin, and Fort Walton fireworks simultaneously over the bay from your fire pit, hot tub, or pool deck. Walk to the end of your dock to pull up blue crabs or catch redfish and trout for dinner. Positioned in Flood Zone X, the home does not require flood insurance under current lender guidelines, providing additional ease and confidence for coastal living. Zoned for the Okaloosa County School District, known for its consistent "A" rating by the State of Florida, this home offers the perfect blend of beauty, strength, practicality, and coastal freedom. Best of all... NO HOA! Paint your mailbox whatever color you want!
    243 days
    |
    960
    |
    65
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Joseph F Richardson 850-830-3912,

    Richardson Realty International Inc

    Source: ECAOR,MLS#: 989788MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 7
      • Full bathrooms: 6
      • 1/2 bathrooms: 1
      Primary bedroom
      • Level: Second
      • Area: 447.2 Square Feet
      • Dimensions: 20.8 x 21.5
      Bedroom
      • Level: Second
      • Area: 210 Square Feet
      • Dimensions: 14 x 15
      Bedroom
      • Level: Second
      • Area: 204 Square Feet
      • Dimensions: 13.6 x 15
      Bedroom
      • Description: In-Law Suite
      • Level: Second
      • Area: 144 Square Feet
      • Dimensions: 12 x 12
      Other
      • Description: Master Suite Balcony
      • Level: Second
      • Area: 151.2 Square Feet
      • Dimensions: 21.6 x 7
      Other
      • Description: Secondary Suite Balcony
      • Level: Second
      • Area: 127.4 Square Feet
      • Dimensions: 18.2 x 7
      Bonus room
      • Description: Secondary Suite
      • Level: Second
      • Area: 221.2 Square Feet
      • Dimensions: 15.8 x 14
      Den
      • Level: First
      • Area: 421.58 Square Feet
      • Dimensions: 21.4 x 19.7
      Dining area
      • Level: First
      • Area: 206.48 Square Feet
      • Dimensions: 17.8 x 11.6
      Garage
      • Level: First
      • Area: 680.52 Square Feet
      • Dimensions: 21.4 x 31.8
      Great room
      • Level: First
      • Area: 736.6 Square Feet
      • Dimensions: 25.4 x 29
      Kitchen
      • Level: First
      • Area: 249.9 Square Feet
      • Dimensions: 17 x 14.7
      Laundry
      • Level: First
      • Area: 154 Square Feet
      • Dimensions: 15.4 x 10
      Living room
      • Description: In-Law Living Area
      • Level: Second
      • Area: 176 Square Feet
      • Dimensions: 11 x 16
      Other
      • Description: Study
      • Level: First
      • Area: 241.38 Square Feet
      • Dimensions: 16.2 x 14.9
      Workshop
      • Description: A/C Workshop Garage
      • Level: First
      • Area: 295.32 Square Feet
      • Dimensions: 21.4 x 13.8
      Heating
      • Natural Gas
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Disposal, Microwave, Gas Water Heater, Tankless Water Heater
      • Laundry: Washer/Dryer Hookup
      Features
      • Central Vacuum, Bookcases, Vaulted Ceiling(s), Kitchen Island, Recessed Lighting, Pantry, Shelving, Wet Bar
      • Flooring: Marble, Tile, Carpet
      • Windows: Double Pane Windows, Storm Window(s), Plantation Shutters
      • Has fireplace: Yes
      • Fireplace features: Gas, Fireplace 2+
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 7,033
      • Total interior livable area: 7,033 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Garage Door Opener
      • Attached garage spaces: 3
      Features
      • Stories: 2
      • Patio & porch: Deck
      • Exterior features: Balcony, Boatlift, Dock, Lawn Pump, Outdoor Shower, Sprinkler System, Rain Gutters
      • Pool features: Heated, In Ground
      • Has spa: Yes
      • Spa features: Heated
      • Fencing: Full
      • Has view: Yes
      • View description: Bay
      • Has water view: Yes
      • Water view: Bay
      • Waterfront features: Bay, Seawall
      Lot
      • Size: 0.49 Acres
      • Dimensions: 100 x 184 x 102 x 185
      • Features: Dead End, Within 1/2 Mile to Water
      Details
      • Parcel number: 052S231430000A0330
      • Zoning description: Resid Single Family
      • Other equipment: Intercom

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Mediterranean
      • Property subtype: Single Family Residence
      Materials
      • Concrete, Frame, Siding Brick Some, Stucco
      • Roof: Slate
      Condition
      • Construction Complete
      • New construction: No
      • Year built: 2010

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Security: Security System, Smoke Detector(s)
      • Subdivision: LAKE LORRAINE ESTATES
      Location
      • Region: Shalimar

      Financial & listing details

      • Price per square foot: $491/sqft
      • Tax assessed value: $2,167,285
      • Annual tax amount: $13,954
      • Date on market: 5/31/2026
      • Road surface type: Paved

        Estimated market value

        $3,138,000

        $2.98M - $3.29M

        $6,598/mo

        Price history

        DateEventPrice
        11/17/2025Listed for sale$3,450,000+484.7%$491/sqft
        Source: ECAOR #989788 Report a problem
        12/16/2002Sold$590,000$84/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$14,134 +2.2%$1,189,950 +2.9%
        2023$13,830 +2.2%$1,156,050 +2.9%
        2022$13,537 +0.2%$1,123,137 +3.1%
        2021$13,505 +0.7%$1,089,199 +1.4%
        2020$13,414 +0.9%$1,074,493 +2.2%
        2019$13,288 +0.9%$1,051,124 +2%
        2018$13,171 $1,030,242 +2.2%
        2017$13,171 +1.8%$1,007,694 +2%
        2016$12,934 +2.6%$988,176 +0.7%
        2015$12,607 -0.8%$981,717 +0.8%
        2014$12,710 $974,113 +1.5%
        2013-- $960,065 +1.5%
        2012-- $945,651 +2.9%
        2011-- $918,830 +111.9%
        2009-- $433,567 +0.1%
        2008-- $433,134 +3%
        2007-- $420,518 +2.5%
        2006-- $410,261 +8.7%
        2005-- $377,341 +3%
        2004-- $366,350 +1.9%
        2003-- $359,519 +10%
        2002-- $326,841 +1.6%
        2001-- $321,694
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 32579

        Getting around

        3 / 100
        Car-Dependent
        28 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Shalimar
        • Middle: Meigs
        • High: Choctawhatchee

        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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