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Sold for $4,575,000
  • $4,575,000

    737 Bayou Dr, Destin, FL 32541

    5beds
    6,456sqft
    Single Family Residence
    Built in 2018
    0.92 Acres Lot
    $4,614,900 Zestimate®
    $709/sqft
    $7,676 Estimated rent

    Home value

    $4,614,900

    $4.29M - $4.98M

    $7,676/mo

    Zestimate® history
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    What's special

    Waterfront estateOversized dockDual boat liftsRefined finishesThree-car garagePrivate home officesElegant quartz countertops
    Introducing an unparalleled opportunity to acquire one of Destin's most distinctive waterfront estates—a custom-designed masterpiece nestled on .92 acres of protected deep water frontage in the highly coveted enclave of Joe's Bayou. This remarkable residence, elevated more than 20 feet above sea level, was thoughtfully crafted in 2018 and offers a harmonious blend of timeless Southern elegance and refined modern design, all executed to the highest standards of architectural excellence. Set at the end of a private, tree-lined drive, the approach to the home instantly conveys a sense of arrival—one that sets the tone for the bespoke luxury that awaits inside. Upon entry, you are greeted by an ambiance of sophistication and warmth, created by the combination of aged French Oak flooring, custom-designed millwork, and wall-to-wall glass that bathes each room in natural light and frames uninterrupted views of the serene bayou waters. The heart of the home is the gourmet chef's kitchen, a culinary haven outfitted with top-tier Thermador appliances, elegant quartz countertops, bespoke inset cabinetry, and an impressive butler's pantry. Whether hosting a formal dinner or preparing an intimate meal, the kitchen flows seamlessly into the artfully appointed formal dining room, where an exquisitely designed ceiling and curated lighting create the perfect backdrop for elevated entertaining. Designed with both comfort and grandeur in mind, the expansive master suite occupies its own private wing in the northwest corner of the residence. Here, tranquil waterfront views and refined finishes create a peaceful sanctuary. The spa-inspired ensuite bathroom boasts a luxurious soaking tub, dual vanity, an oversized walk-in shower, and his-and-hers custom-designed closets, each offering tailored organization and timeless style. Transition effortlessly to the outdoors, where the Florida lifestyle comes to life in the home's resort-style amenities. An expansive covered open-air veranda leads to a heated saltwater pool and spa, surrounded by hand-laid brick pavers and lush landscaping that ensures both beauty and privacy. A fully equipped summer kitchen makes alfresco dining and entertaining a breeze, while the oversized dock, complete with dual boat lifts and a dedicated jet ski lift, provides unmatched access to Crab Island, East Pass, and the open waters of the Gulf of Mexico...a true boater's paradise. Additional Distinctive Features Include: Two private home offices, perfect for today's work-from-home lifestyle, Extended three-car garage with room for storage, golf cart, or hobby space. A spacious upstairs guest suite with a private bath, offering flexibility as a media room, gym, playroom, or private retreat. Abundant, discreetly integrated storage throughout the home, No HOA restrictions and ideally located in an X Flood Zone (no flood insurance required) Situated in one of Destin's most esteemed and peaceful residential pockets, this estate provides a rare combination of exclusivity, security, and accessibility. Just minutes from fine dining, boutique shopping, world-class golf, and white-sand beaches, yet tucked away in a sheltered harbor, this is a residence that offers both sanctuary and sophistication. This is not merely a home, it is an heirloom property, a place to gather, to celebrate, and to make memories that will last for generations. Whether you seek an idyllic retreat, a showpiece for entertaining, or a legacy asset to be cherished, this exceptional estate in Joe's Bayou delivers on every front. Now is the time to make your mark on the Emerald Coast. Schedule your private tour today and experience the pinnacle of waterfront living. VIEW VIDEO TOUR: https://docsend.com/view/exysvnyw5yswvepn

    Zillow last checked:

    Listing updated:

    Listed by:

    Cristina M Waghalter 850-533-1500,

    Berkshire Hathaway Home Services PenFed Realty

    Bought with:

    Cristina M Waghalter, 3353432

    Berkshire Hathaway Home Services PenFed Realty

    Source: ECAOR,MLS#: 971025MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: First
    • Area: 442 Square Feet
    • Dimensions: 26 x 17
    Bedroom
    • Level: First
    • Area: 225 Square Feet
    • Dimensions: 15 x 15
    Bedroom
    • Level: First
    • Area: 225 Square Feet
    • Dimensions: 15 x 15
    Bedroom
    • Level: First
    • Area: 182 Square Feet
    • Dimensions: 14 x 13
    Dining area
    • Level: First
    • Area: 165 Square Feet
    • Dimensions: 15 x 11
    Great room
    • Level: First
    • Area: 630 Square Feet
    • Dimensions: 30 x 21
    Kitchen
    • Level: First
    • Area: 340 Square Feet
    • Dimensions: 20 x 17
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Freezer, Range Hood, Refrigerator, Gas Water Heater, Tankless Water Heater
    Features
    • Breakfast Bar, Bookcases, Crown Molding, Vaulted Ceiling(s), Kitchen Island, Recessed Lighting, Wet Bar
    • Flooring: Hardwood, Tile
    • Has fireplace: Yes
    • Fireplace features: Fireplace 2+
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 6,456
    • Total interior livable area: 6,456 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Oversized, Garage
    • Garage spaces: 3
    Features
    • Stories: 2
    • Patio & porch: Deck, Covered, Patio, Porch
    • Exterior features: Outdoor Grill, Boatlift, Dock, Private Yard, Outdoor Kitchen
    • Has private pool: Yes
    • Pool features: Heated, In Ground, Gunite
    • Has view: Yes
    • View description: Bayou
    • Has water view: Yes
    • Water view: Bayou
    • Waterfront features: Bayou, Seawall
    Lot
    • Size: 0.92 Acres
    • Dimensions: 78FF x 100RR
    Details
    • Parcel number: 002S22216000020000
    • Zoning description: Resid Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Frame, Brick
    Condition
    • Construction Complete
    • New construction: No
    • Year built: 2018

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Subdivision: SAFE HARBOR
    Location
    • Region: Destin

    Financial & listing details

    • Price per square foot: $709/sqft
    • Tax assessed value: $3,325,962
    • Annual tax amount: $39,391
    • Date on market: 9/28/2025
    • Road surface type: Paved

    Price history

    DateEventPrice
    1/2/2026Sold$4,575,000-8.4%$709/sqft
    Source: ECAOR #971025 Report a problem
    11/18/2025Pending sale$4,995,000$774/sqft
    Source: ECAOR #971025 Report a problem
    5/30/2025Price change$4,995,000-9.1%$774/sqft
    Source: ECAOR #971025 Report a problem
    3/25/2025Listed for sale$5,495,000+22.1%$851/sqft
    Source: ECAOR #971025 Report a problem
    4/21/2023Listing removed--
    Source: ECAOR #920496 Report a problem
    4/7/2023Listed for sale$4,500,000+25%$697/sqft
    Source: ECAOR #920496 Report a problem
    10/29/2021Sold$3,600,000-8.6%$558/sqft
    Source: ECAOR #875113 Report a problem
    9/8/2021Pending sale$3,939,000$610/sqft
    Source: ECAOR #875113 Report a problem
    7/30/2021Price change$3,939,000-5.1%$610/sqft
    Source: ECAOR #875113 Report a problem
    6/23/2021Listed for sale$4,149,000+469.1%$643/sqft
    Source: ECAOR #875113 Report a problem
    3/23/2017Sold$729,000-6.4%$113/sqft
    Source: ECAOR #753192 Report a problem
    9/2/2016Price change$779,000-8.3%$121/sqft
    Source: ResortQuest Real Estate #753192 Report a problem
    5/20/2016Listed for sale$849,900+42.8%$132/sqft
    Source: ResortQuest Real Estate #753192 Report a problem
    4/28/2014Sold$595,000$92/sqft
    Source: Public Record Report a problem
    3/6/2014Listed for sale$595,000+8.2%$92/sqft
    Source: WWW.TIMSHEPARD.COM #599748 Report a problem
    10/30/2000Sold$550,000$85/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$39,391 +2.7%$3,325,962 +1.5%
    2024$38,356 +0.9%$3,276,403 +1.7%
    2023$38,015 +16.3%$3,220,740 +18.7%
    2022$32,700 +40.9%$2,713,490 +45.2%
    2021$23,204 +5%$1,868,510 +5.8%
    2020$22,102 +4.2%$1,766,466 +5.6%
    2019$21,218 +244.2%$1,672,785 +248.4%
    2018$6,165 $480,099 -9.3%
    2017$6,165 -10.9%$529,617 +2%
    2016$6,922 +2.6%$519,150 +5.9%
    2015$6,743 +3.8%$490,350 +20.5%
    2014$6,496 $406,950
    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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