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$2,875,000
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Property Description
$100,000 price reduction. Fabulous Deepwater, Bayou front Estate with incredible Bay & Bayou views with 150' of waterfront. Home boasts of 5509 SF with multiple living areas, 5 spacious ensuite bedrooms, (4 bedrooms with bay views) 2+ in home offices, gym area, 2 laundries, 2 Mother-in-law Suites., 2 Bay balconies, 3 kitchens & more. The Dock has been upgraded with Trex decking & can accommodate multiple boats and other watercraft. Large Dock includes a 30,000-pound, 4 motor boatlift. Outdoor gas kitchen with wood burning fireplace compliment the pool and wonderful views. New metal roof, exterior paint and exterior lighting, in 2023. The Gourmet kitchen has a beautiful granite island, stainless appliances, 6 burner Wolf Gas Range, high-end cabinetry and eat in kitchen. 3 HVAC Systems. Home has partial Hurricane Shutters, 2 new instant water heaters, new sod, and new pool pump. It also conveys with a central vacuum system, gas fireplace in Living room and Primary, and interior finished attic. Recent upgrades have been completed to primary bath and mother-in-law kitchen and bath. Master bath has 3 vanities. The ceiling heights in the living room are up to 17', the east wing mother-in-las ceiling heights are 12' and west wing mother-in-law suite has up to 12' ceiling heights. The long driveway can accommodate 8+ vehicles for your family and guests. The garage is oversized with shelving installed. Olympus Home insurance policy is $7854.00 per year. Frontline Flood Policy is $827 per year. Flood Zone is AE.
Full Property Details
Full Property Details for 128 Indian Bayou Dr
General
- Sold For: $2,875,000
- Taxes: $12,507 (2024)
- Status: Closed
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 941507
- Added to Site: 712 day(s) ago
Interior
- Rooms/Areas: Bedroom, Dining Room, Great Room, Kitchen, Laundry, Master Bathroom, Master Bedroom
- Interior Features: Built-In Bookcases, Ceiling Cathedral, Ceiling Raised, Ceiling Vaulted, Fireplace 2+, Fireplace Gas, Floor Hardwood, Lighting Recessed, Newly Painted, Renovated, Split Bedroom, Washer/Dryer Hookup, Window Treatment All
- Appliances: Auto Garage Door Opn, Central Vacuum, Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Oven Self Cleaning, Range Hood, Refrigerator, Refrigerator W/IceMk, Stove/Oven Dual Fuel, Stove/Oven Gas, Washer
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Great Room: Great Room
- Kitchen: Kitchen
- Dining Room: Dining Room
Additional Information
- Shared Amenities: Golf
- Pool: Yes
Exterior
- Exterior Features: Balcony, BBQ Pit/Grill, Boatlift, Deck Open, Dock, Fenced Back Yard, Fenced Privacy, Fireplace, Guest Quarters, Hurricane Shutters, Lawn Pump, Patio Open, Pool - Gunite Concrt, Pool - In-Ground, Rain Gutter, Renovated, Separate Living Area, Sprinkler System, Summer Kitchen
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Garage
Location
- Area: 14 - Destin
- County: Okaloosa
- Subdivision: Indian Bayou
- Driving Directions: From Emerald Coast Parkway, turn north on Indian Bayou Trial. Take Round About to 2nd exit to stop sign. Turn right at stop sign and turn right onto Country Club Drive East until dead end at Indian Bayou Dr. Turn left on Indian Bayou Drive and home will be on your right.
School Information
- Elementary School: Destin
- Middle School: Destin
- High School: Fort Walton Beach
Heating & Cooling
- Heating/Cooling: AC - Central Elect, Ceiling Fans, Double Pane Windows, Heat Cntrl Electric, Heat Pump Air To Air, Water Heater - Elect, Water Heater - Two +
Utilities
- Utility Description: Electric, Gas - Natural, Phone, Public Sewer, Public Water, TV Cable
Structural Information
- Architectural Style: Contemporary
- Construction: Roof Metal, Siding EIFS, Stone, Stucco
- Stories/Levels: 2
- Square Feet: 5,509
- Sq. Ft. Source: County PA Records
- Year Built: 1983
Lot Features
- Property View: Bay, Bayou
- Lot Size (Acres): 0.75
- Lot Dimensions: 150 x 274 x 89 x 293
- Street/Road Desc.: City Road
- Zoning: Resid Single Family
Water Features
- Water Front Type: Bayou
Financial Considerations
- Assessment Amount: $267
- Assmt Payment Freq: Annually
- Tax Amount: $12,507
- Tax Year: 2024
- Terms: Conventional, Exchange, Other, VA
Disclosures and Reports
- Legal Description: INDIAN BAYOU S/D LOT 40 BLK I
- Assessment: Yes
- APN: 00-2S-22-1280-000I-0400
Listed by Scenic Real Estate
Sold by EXP Realty LLC
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Schools
Schools serving 128 Indian Bayou Dr
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Destin Middle School 4608 Legendary Marina Drive, Destin, FL 32541 | 5-8 | 1.7 mi |
Destin Elementary School 630 Kelly Street, Destin, FL 32541 | PK-4 | 2.3 mi |
Fort Walton Beach High School 400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548 | 9-12 | 11.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 128 Indian Bayou Dr
Date
Details
Price
Change
Source
10/14/2025
Sold
$2,875,000
-8.15%
MLS
6/15/2025
Price Reduced
$3,130,000
-3.1%
MLS
5/06/2025
Price Reduced
$3,230,000
-0.15%
MLS
3/18/2025
Price Reduced
$3,235,000
-0.15%
MLS
3/01/2025
Price Reduced
$3,240,000
-1.52%
MLS
1/25/2025
Price Reduced
$3,290,000
-0.15%
MLS
12/04/2024
Price Reduced
$3,295,000
-2.2%
MLS
11/08/2024
Price Reduced
$3,369,000
-0.15%
MLS
9/19/2024
Price Reduced
$3,374,000
-0.15%
MLS
8/12/2024
Price Reduced
$3,379,000
-0.15%
MLS
7/07/2024
Price Reduced
$3,384,000
-0.15%
MLS
6/26/2024
Price Reduced
$3,389,000
-0.15%
MLS
6/06/2024
Price Reduced
$3,394,000
-0.13%
MLS
6/03/2024
Price Reduced
$3,398,500
-0.01%
MLS
4/13/2024
Price Reduced
$3,399,000
-6.75%
MLS
3/21/2024
Price Reduced
$3,645,000
-1.35%
MLS
2/16/2024
Price Reduced
$3,695,000
-5.26%
MLS
2/04/2024
Listed
$3,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
128 Indian Bayou Drive, Destin, FL 32541 (MLS# 941507) is a Single Family property that was sold at $2,875,000 on October 14, 2025. Want to learn more about 128 Indian Bayou Drive? Do you have questions about finding other Single Family real estate for sale in Destin? You can browse all Destin real estate or contact a Coldwell Banker agent to request more information.

