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$5,490,000
Property Description
An extraordinary lakefront estate within the exclusive, gated enclave of Destiny, 4659 Destiny Way--known as The White Pearl--presents over 7,000 square feet of masterfully designed living space just moments from Gulf access and Destin's iconic sugar-white sands. This one-of-a-kind coastal compound is composed of a grand main residence and a beautifully appointed guest house, seamlessly connected by elegant breezeways and offering a total of eleven bedrooms and ten full baths and two half baths. Each suite is designed to provide comfort, privacy, and refined coastal style--creating an exceptional setting for large-scale entertaining, multigenerational living, or luxury rental income. Set along 80 feet of pristine frontage on Four Prong Lake, the outdoor experience is nothing short of resort-caliber. An infinity-edge pool with swim-up bar and waterfall feature overlooks the water, complemented by a spa, expansive sun decks, and a fully equipped summer kitchen with gas grill--perfect for effortless entertaining. A lakeside fireplace, pool bath, and multiple gathering areas further elevate the experience, while panoramic lake and Gulf views create a breathtaking backdrop. Inside, coastal-modern interiors are enhanced by custom finishes, multiple wet bars, wine and beverage coolers--offering seamless indoor-outdoor living and entertainment. Recent enhancements, including a refreshed exterior and updated pool systems, ensure both beauty and performance. Designed to accommodate up to 34 guests with parking for 12 vehicles, this remarkable estate has proven itself as a premier income-producing property while maintaining the feel of a private luxury retreat. Residents enjoy access to exclusive community amenities including tennis courts, a fitness center, and a golf cart-friendly lifestyle--all within one of Destin's most coveted communities. Whether envisioned as a legacy family compound or a high-performing investment, The White Pearl embodies the scale, sophistication, and resort-style living that define the Emerald Coast's finest properties.
Full Property Details
Full Property Details for 4659 Destiny Way
General
- Price: $5,490,000
- Taxes: $37,241 (2025)
- Status: Active
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 999662
- Updated: 4/13/2026
- Added to Site: 12 day(s) ago
Rental Information
- Complex Features: Short Term Rental - Allowed, BBQ Pit/Grill, Exercise Room, Fishing, Gated Community, Pavillion/Gazebo, Pool, Tennis, Waterfront
Interior
- Number of Rooms: 13
- Interior Features: Breakfast Bar, Built-In Bookcases, Ceiling Cathedral, Ceiling Crwn Molding, Ceiling Vaulted, Fireplace 2+, Kitchen Island, Lighting Recessed, Newly Painted, Owner's Closet, Pantry, Washer/Dryer Hookup, Wet Bar
- Fireplace: Yes
- Fireplace(s): Fireplace Gas, Fireplace
- Appliances: Auto Garage Door Opn, Dishwasher, Dryer, Ice Machine, Microwave, Oven Self Cleaning, Range Hood, Refrigerator W/IceMk, Security System, Smoke Detector, Stove/Oven Gas, Washer, Wine Refrigerator, Water Heater - Gas, Water Heater - Tnkls
- Furnishings: Furnished - Some
- Flooring: Floor Tile
Rooms
Bathrooms
- Total Bathrooms: 12
- Full Bathrooms: 10
- Half Bathrooms: 2
Bedrooms
- Total Bedrooms: 11
Additional Information
- Pool: Yes
- Pool Description: Pool - Heated, Pool - In-Ground, Pool Type
- Security/Safety: Fire Alarm/Sprinkler
Exterior
- Exterior Features: Rain Gutter, Balcony, BBQ Pit/Grill, Columns, Dock, Hot Tub, Hurricane Shutters, Lawn Pump, Pavillion/Gazebo, Pool - Gunite Concrt, Shower, Sprinkler System, Summer Kitchen
- Porch/Patio/Deck: Deck Covered, Patio Covered, Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Carport Spaces: 1
- Parking Features: Covered, Oversized
Location
- Area: 14 - Destin
- County: Okaloosa
- Subdivision: DESTINY S/D
- Driving Directions: Scenic Highway 98 to Destiny Way gate, across from public beach access. and Crab Trap. Take first right inside the gate and around to the to Cul-de-sac.
School Information
- Elementary School: Destin
- Middle School: Destin
- High School: Destin
Community
- Association: Yes
- Assoc. Fees Include: Accounting, Ground Keeping, Management, Recreational Faclty, Security
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Ceiling Fans, Central Air
- Heating Type: Heat Pump Air To Air, Central, Natural Gas
- Heating/Cooling: Heat Pump Air To Air, Central, Natural Gas, Ceiling Fans, Central Air
Utilities
- Sewer: Public Sewer
- Utility Description: Electric, Gas - Natural, Phone, Public Water, TV Cable
Structural Information
- Architectural Style: Contemporary
- Construction: Stucco
- Exterior Const.: Stucco
- Stories/Levels: 3
- Square Feet: 7,041
- Sq. Ft. Source: Appraiser
- Year Built: 1997
Additional Structures
- Other Structures: Guest Quarters
Lot Features
- Property View: Lake, Gulf
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,583.2
- Lot Dimensions: 80 x 100
- Street/Road Desc.: Paved
- Lot Features: Bulkhead/Seawall, Cul-De-Sac, Survey Available, Within 1/2 Mile to Water
- Zoning: Resid Single Family
- Fencing (Description): Fenced Lot-Part, Fenced Privacy
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Type: Lake
Green Features
- Energy Efficient: Doors
Financial Considerations
- Assessment Amount: $3,550
- Tax Amount: $37,241.36
- Tax Year: 2025
Disclosures and Reports
- Legal Description: DESTINY S/D LOT 26
- APN: 00-2S-22-0400-0000-0260
- Property ID: 00-2S-22-0400-0000-0260
Listed by Scenic Sotheby's International Realty
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Schools
Schools serving 4659 Destiny Way
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Destin Middle School 4608 Legendary Marina Drive, Destin, FL 32541 | 5-8 | 1.5 mi |
Destin Elementary School 630 Kelly Street, Destin, FL 32541 | PK-4 | 5.1 mi |
Fort Walton Beach High School 400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548 | 9-12 | 13.9 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 4659 Destiny Way
Date
Details
Price
Change
Source
4/02/2026
Listed
$5,490,000
22%
MLS
4/22/2022
Sold
$4,500,000
—
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 4659 Destiny Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$38,793
-17%
$3,275,474
-17%
2024
$46,870
5%
$3,956,439
5%
2023
$44,844
77%
$3,753,819
60%
2021
$25,336
-33%
$2,340,831
-25%
2022
$37,693
49%
$3,127,841
95%
2021
$25,336
27%
$1,603,928
2%
2019
$20,013
-4%
$1,577,729
-3%
2018
$20,856
—
$1,624,195
2%
2017
$20,825
3%
$1,593,470
2%
2016
$20,220
10%
$1,556,672
13%
2015
$18,324
100%
$1,383,163
103%
2014
$9,154
-34%
$682,568
-34%
2013
$13,905
—
$1,028,348
—
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 4659 Destiny Way
4659 Destiny Way, Destin, FL 32541 (MLS# 999662) is a Single Family property with 11 bedrooms, 10 full bathrooms and 2 partial bathrooms. 4659 Destiny Way is currently listed for $5,490,000 and was received on April 02, 2026. Want to learn more about 4659 Destiny Way? 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.
