Emerald Coast Waterfront Estate

Emerald Coast Waterfront Estate

Emerald Coast Waterfront Estate
Destin, FL
Reserve $4,000,000
Previously $7,799,000
July 30
Auction Date
36
days
23
hours
13
minutes

Highlights

Overview
Welcome to one of Destin’s most sought-after gated communities, Kelly Plantation, set along the shores of Choctawhatchee Bay.

Appraised at $4.9M in November 2025, this newly built coastal modern estate is positioned along Jones Bayou with immediate access to the open Bay, offering a lifestyle defined by effortless rhythm—mornings on the golf course, afternoons boating on the water, and evenings along the Gulf beaches, all just a golf cart ride away. Completed in 2024 and never occupied, the residence spans over 6,600 square feet with six bedrooms and six-and-a-half baths, designed for both scale and seamless indoor-outdoor living. Positioned on more than an acre with an extraordinary 520 feet of deep-water frontage, the estate offers a level of privacy, scale, and access rarely found within a gated community, complete with a private 120-foot dock and immediate, unrestricted navigation to the open Bay.

Description
Year Built: 2024
Lot Size: 48,787 ± sq. ft.
Size: 6,651 ± sq. ft.
Frontage: 520 ft.
Bedrooms: 6
Bathrooms: 6 full / 1 half
Floors: 2
Pool & Hot Tub: Saltwater, heated, LED lighting, wifi-controlled
Garage: Attached, 3 bays, high ceiling for car lift if needed
Dock: 120 ft. Private dock
Appraisals: $4.9M (Nov. 2024)

Highlights
· Located within Kelly Plantation, a premier gated golf and waterfront community with private club amenities and a championship course
· Completed in 2024 and never lived in, offering immediate occupancy in pristine condition
· High-end furnishings available for purchase separately; see due diligence for details
· 520 feet of private Jones Bayou frontage, a 120-foot dock, and direct access to Choctawhatchee Bay
· Private wellness & entertaining spaces including a glass-enclosed wine room, custom wet bar, theater room, and flexible wellness-ready spaces
· Golf cart lifestyle with easy access to the beach, golf club, and surrounding coastal amenities

Listing Agent
Listing Agent Tony Manthey, Manthey Group
Co Listing Agent Christy Leipprandt, Manthey Group

How to Participate

  1. View Brochure Click Here
  2. Review Due Diligence Click Here
    Includes appraisals, bid instructions, photos, and more.
  3. Tour Property
    By appointment only. Proof of funds required. Please call 212.867.3333 or email buy@prusa.com to arrange a tour on:

    · Saturday, June 27
    · Wednesday, July 15
    · Saturday, July 25
  4. BID YOUR PRICE, BID YOUR TERMS:

    Bid now through the deadline on July 30 at 4pm CST, either on the seller’s preferred terms or on your terms. Bidding instructions and seller's preferred terms are included in the Due Diligence.

    Subject to prior sale. Submit bid at any time. All bids are encouraged. Buyer’s Premium 6%. Subject to all terms provided by Paramount in Due Diligence and elsewhere.

    Seller (a) will accept the highest bid at or above the Reserve (on terms set forth by Seller) and (b) has the right to accept a bid below the Reserve and/or a bid on your terms.

    Broker participation invited.

    REQUESTING ALL BIDS.