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$15,000,000
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Property Description
SPECTACULAR WATERFRONT ESTATE featured on HGTV'S EXTREME HOMES! Welcome to 4300 Breakwater Drive, Destin, Florida's Most Prestigious Waterfront Estate located within the exclusive Waterford of Kelly Plantation; a gated enclave within a gated master-planned community that offers a pristine golf course, club house with restaurant, tennis, and new pickleball courts! This magnificent home displays a fabulous Tuscan style and exquisite features and finishes throughout. Oriented on indisputably the finest bay-front acreage in all of Destin, the sprawling 1.8-acre estate contains over 400' of water frontage on the Choctawhatchee Bay and Jones Bayou, and a brick-paved path to the boat dock. Custom built using the finest of materials and technology, this estate reflects elegance and... sophistication. A brick-paved motor court leads to the dramatic arched limestone entrance, flanked by two lion sculptures and iron Cantera doors. The grand foyer has dual stairways, each with hand railings complementing the styling of the front doors and allows for direct views through to the expansive pool pavilion with the ultimate backdrop: the serene Choctawhatchee Bay waters! The first level features an open, inviting floor plan that is perfect for entertaining family and guests. A formal living and formal dining room flank the grand foyer. The dining room opens to a large wet bar with commercial grade 3' x 5' walk-in cooler and the family/casual dining area/kitchen. A circular floor-to-ceiling aquarium is just one mesmerizing focal point of this grand space. The gourmet kitchen would please the fussiest cook, with plenty of custom cabinetry, professional-grade appliances, and double-stacked granite counters. Just beyond the family room and visible from the kitchen is the home theater room, featuring stadium seating and 113' wide screen. The luxurious master wing has a large bedroom with three televisions mounted to the ceiling over the bed, a waterfront sitting area, a fireplace, a sumptuous designer bathtub, a large walk-in shower, double vanities, and two walk-in closets. Two additional bedroom suites are on the first level, as well as an exercise room. Take the stairs or the elevator to the second level to find three additional bedroom suites, a wet bar and adjoining den, a massage room, a large storage room, two offices with a private entrance, and a large balcony overlooking the bay and pool area. Step outside on the first level to a tropical oasis, with a beach-entry pool, a fountain with swim-up bar, and a lanai with summer kitchen and fireplace. Stacking sliding glass doors open from the family room, formal dining room, and living room onto the lanai, expanding the living and entertaining space. There are two garages, each accommodate three cars. In addition to the main house, a guest house over the north garage has two bedrooms, a full kitchen and living area, and a private entrance. So much thought went into every detail of this magnificent home! Every aspect of this interior has been finely appointed throughout with ruffled stone floors, Alder doors, hardwood floors, intricate trayed and domed ceilings. Also includes conditioned pet rooms with pet doors; a commercial-grade sprinkler system; a geo-thermal heating and cooling system; smart house technology, and much more! This expansive waterfront point at the end of Waterford's private cul-de-sac features lush landscaping, as well as a boat dock. A new whole-house generator was installed in 2024! A property of this caliber is a rarity and will certainly be admired by discriminating ownership that demands the finest details! Please inquire for further details and to schedule a private showing.
Full Property Details
Full Property Details for 4300 Breakwater Dr
General
- Price: $15,000,000
- Taxes: $52,387 (2023)
- Status: Active
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 957086
- Updated: 8/28/2025
- Added to Site: 519 day(s) ago
Interior
- Rooms/Areas: Bedroom, Dining Room, Exercise Room, Family Room, Foyer, Kitchen, Living Room, Master Bedroom, Media Room, Office
- Interior Features: Elevator, Fireplace 2+, Guest Quarters, Window Treatment All
- Appliances: Auto Garage Door Opn, Central Vacuum, Cooktop, Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Freezer, Ice Machine, Microwave, Oven Double, Range Hood, Refrigerator, Security System, Smoke Detector, Stove/Oven Gas, Washer, Wine Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 9
- Full Bathrooms: 8
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Foyer/Entry: Foyer
- Living Room: Living Room
- Family Room: Family Room
- Kitchen: Kitchen
- Dining Room: Dining Room
- Office: Office
- Theater/Media: Media Room
- Exercise Room: Exercise Room
Additional Information
- Shared Amenities: BBQ Pit/Grill, Community Room, Exercise Room, Fishing, Gated Community, Golf, Minimum Rental Prd, Pavillion/Gazebo, Pickle Ball, Picnic Area, Playground, Pool, Short Term Rental - Not Allowed, Tennis, Waterfront
- Pool: Yes
Exterior
- Exterior Features: Dock, Fireplace, Guest Quarters, Lawn Pump, Patio Covered, Pool - Heated, Pool - In-Ground, Separate Living Area, Shower, Sprinkler System, Summer Kitchen
Parking
- Garage: Yes
- Garage Spaces: 6
- Parking: Garage, Garage Attached, Golf Cart Enclosed, Guest, Other, Oversized, See Remarks
Location
- Area: 14 - Destin
- County: Okaloosa
- Subdivision: Kelly Plantation S/D
- Driving Directions: MapQuest: 4300 Breakwater Drive, Destin, FL 32541
School Information
- Elementary School: Destin
- Middle School: Destin
- High School: Destin
Heating & Cooling
- Heating/Cooling: Geothermal
Utilities
- Utility Description: Electric, Gas - Natural, Public Sewer, Public Water, Tap Fee Paid, TV Cable, Underground
Structural Information
- Architectural Style: Tuscan
- Stories/Levels: 3
- Square Feet: 15,195
- Sq. Ft. Source: Appraiser
- Year Built: 2006
Lot Features
- Property View: Bay, Bayou
- Lot Size (Acres): 1.87
- Lot Dimensions: 324 x 410 x 283
- Street/Road Desc.: Controlled Access, Private Road, See Remarks
- Lot Features: Bulkhead/Seawall, Covenants, Cul-De-Sac, Restrictions, See Remarks, Within 1/2 Mile to Water
- Zoning: Resid Single Family
Water Features
- Water Front Type: Bay, Bayou
Financial Considerations
- Assessment Amount: $550
- Assmt Payment Freq: Quarterly
- Tax Amount: $52,387
- Tax Year: 2023
Disclosures and Reports
- Legal Description: Lot 7, Waterford at Kelly Plantation
- Assessment: Yes
- APN: 00-2S-22-1002-0000-0070
Listed by Somers & Company
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Schools
Schools serving 4300 Breakwater Dr
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Destin Middle School 4608 Legendary Marina Drive, Destin, FL 32541 | 5-8 | 1.1 mi |
Destin Elementary School 630 Kelly Street, Destin, FL 32541 | PK-4 | 3.2 mi |
Fort Walton Beach High School 400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548 | 9-12 | 12 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 4300 Breakwater Dr
Date
Details
Price
Change
Source
8/28/2025
Price Increased
$15,000,000
0.03%
MLS
7/14/2025
Price Increased
$14,995,000
0.3%
MLS
7/11/2025
Price Reduced
$14,950,000
-0.3%
MLS
6/21/2025
Price Reduced
$14,995,000
-0.03%
MLS
4/05/2025
Price Reduced
$15,000,000
-25%
MLS
8/16/2024
Listed
$20,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4300 Breakwater Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$54,952
3%
$5,267,915
3%
2024
$53,466
2%
$5,119,451
3%
2023
$52,388
2%
$4,970,341
6%
2021
$51,552
—
$4,685,023
-3%
2022
$51,351
—
$4,825,574
4%
2021
$51,552
—
$4,620,338
2%
2019
$51,403
3%
$4,521,558
4%
2018
$49,987
11%
$4,337,430
14%
2017
$44,897
4%
$3,820,047
3%
2016
$43,275
-10%
$3,707,159
-7%
2015
$47,909
6%
$3,976,972
8%
2014
$45,099
-1%
$3,693,666
-2%
2013
$45,415
—
$3,756,531
—
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 4300 Breakwater Dr
4300 Breakwater Drive, Destin, FL 32541 (MLS# 957086) is a Single Family property with 8 bedrooms, 8 full bathrooms and 1 partial bathroom. 4300 Breakwater Drive is currently listed for $15,000,000 and was received on August 16, 2024. Want to learn more about 4300 Breakwater 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.

