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$599,000 Just Listed
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Property Description
Welcome to one of the best values in Indian Bayou! This updated home offers the rare combination of location, lifestyle & affordability in one of Destin's most desirable neighborhoods-- all situated on a sprawling 0.35-acre lot w/a spacious privacy-fenced backyard offering ample room for a pool. Enjoy plenty of space for vehicles, boats, or golf carts w/a 2-car garage & oversized vaulted carport. Ideally positioned across the street from the Bayou & just minutes from Indian Bayou's executive 18-hole golf courses, this location embraces the very best of the Destin lifestyle. Plus, you're only 3 miles from the stunning white sand beaches of the Gulf & Henderson Beach State Park. Recent updates welcome you to a fresh & inviting atmosphere, including a newly painted interior and new interior & exterior lights. Beautiful travertine floors, crisp white walls, soaring vaulted ceilings & abundant natural light enhance the open-concept living spaces, while the cozy fireplace adds warmth & charm to the main living area. A large, updated kitchen w/granite counters, center island, SS appliances & octagon trayed ceiling flows into the spacious living & dining areas ideal for entertaining or everyday living. Two BR's & a full bathroom are also on the 1st floor. Upstairs, the private primary suite serves as a relaxing retreat w/cathedral ceilings, large glass French doors opening to the new balcony, spacious walk-in closet, (READ MORE) and en suite bathroom w/dual vanities, granite countertops, ample storage & walk-in shower. Spend your mornings sipping coffee and enjoying the peaceful natural surroundings from the spacious exterior balcony off the primary suite. An additional upstairs loft offers approximately 107 square feet of bonus space -- perfect for a home office, reading nook, fitness area, or hobby space. Peace of mind comes with major system updates including a new roof installed in 2025, HVAC replaced in 2016, and water heater installed in 2017. This is a rare opportunity to own an updated home with space, character, and an exceptional location at such an affordable price in one of Destin's most sought-after communities. 157 Indian Bayou Drive offers the perfect place to call home, blending exceptional outdoor space, abundant parking, comfort, convenience, and value into one remarkable property.
Full Property Details
Full Property Details for 157 Indian Bayou Dr
General
- Price: $599,000
- Taxes: $3,483 (2025)
- Status: Active
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 1004114
- Updated: Today (5/28/2026)
- Added to Site: Today
Rental Information
- Complex Features: Short Term Rental - Not Allowed, Golf, Minimum Rental Prd
Interior
- Number of Rooms: 11
- Interior Features: Breakfast Bar, Ceiling Cathedral, Ceiling Tray/Cofferd, Ceiling Vaulted, Fireplace, Kitchen Island, Lighting Recessed, Newly Painted, Split Bedroom, Washer/Dryer Hookup
- Fireplace: Yes
- Fireplace(s): Fireplace Gas
- Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer, Water Heater - Elect
- Furnishings: Furnished - None
- Flooring: Floor Hardwood, Floor Tile, Floor WW Carpet
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: Balcony, Fenced Back Yard, Lawn Pump, Sprinkler System
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Carport Spaces: 1
- Parking Features: Garage, Carport, Carport Attached, Covered, Guest, Oversized, RV, See Remarks
Location
- Area: 14 - Destin
- County: Okaloosa
- Subdivision: INDIAN BAYOU
- Driving Directions: From Hwy 98, turn North on Indian Bayou Trail. Take the 2nd exit from the traffic circle staying on Indian Bayou Trail. At the Stop Sign, turn Right onto Indian Bayou Trail. At the next Stop Sign, turn Right onto Country Club Dr. E, follow for 0.9 miles. At the Stop Sign, Turn Left onto Indian Bayou Dr. Follow Indian Bayou Dr. for 0.6 miles, Home is located on the Left.
School Information
- Elementary School: Destin
- Middle School: Destin
- High School: Destin
Community
- Association: Yes
- Assoc. Fees Include: Management, Security
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Ceiling Fans, Central Air
- Heating Type: Central
- Heating/Cooling: Central, Ceiling Fans, Central Air
Utilities
- Sewer: Public Sewer
- Utility Description: Electric, Gas - Natural, Public Water, TV Cable
Structural Information
- Architectural Style: Contemporary
- Construction: Frame, Stucco, Trim Vinyl
- Exterior Const.: Frame, Stucco, Trim Vinyl
- Stories/Levels: 2
- Square Feet: 2,373
- Sq. Ft. Source: County PA Records
- Year Built: 1992
Lot Features
- Lot Size (Acres): 0.35
- Lot Size (Sq. Ft.): 15,246
- Lot Dimensions: 127 x 122
- Frontage: Private Road
- Street/Road Desc.: Paved
- Lot Features: Covenants, Interior, Level, Restrictions, Sidewalk, Within 1/2 Mile to Water
- Zoning: Resid Single Family
- Fencing (Description): Fenced Privacy
Financial Considerations
- Assessment Amount: $250
- Tax Amount: $3,483.14
- Tax Year: 2025
Disclosures and Reports
- Legal Description: INDIAN BAYOU UNIT IV LOT 22 BLK H
- APN: 00-2S-22-1284-000H-0220
- Property ID: 00-2S-22-1284-000H-0220
Listed by RE/MAX Coastal Properties
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Schools
Schools serving 157 Indian Bayou Dr
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Destin Middle School 4608 Legendary Marina Drive, Destin, FL 32541 | 5-8 | 1.9 mi |
Destin Elementary School 630 Kelly Street, Destin, FL 32541 | PK-4 | 2.1 mi |
Fort Walton Beach High School 400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548 | 9-12 | 10.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 157 Indian Bayou Dr
Date
Details
Price
Change
Source
5/28/2026
Listed
$599,000
142.59%
MLS
1/14/2016
Sold
$246,919
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 157 Indian Bayou Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,483
3%
$343,141
3%
2024
$3,374
3%
$333,470
3%
2023
$3,288
3%
$323,757
6%
2021
$3,193
—
$305,172
-3%
2022
$3,204
—
$314,327
4%
2021
$3,193
2%
$300,959
2%
2019
$3,126
1%
$294,193
2%
2018
$3,096
1%
$288,708
2%
2017
$3,076
-11%
$282,770
6%
2016
$3,450
-10%
$265,607
-9%
2015
$3,846
3%
$290,329
4%
2014
$3,748
9%
$279,484
9%
2013
$3,452
—
$255,276
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 157 Indian Bayou Dr
157 Indian Bayou Drive, Destin, FL 32541 (MLS# 1004114) is a Single Family property with 3 bedrooms and 2 full bathrooms. 157 Indian Bayou Drive is currently listed for $599,000 and was received on May 28, 2026. Want to learn more about 157 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.

