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$2,395,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 3,724 Sq. Ft.
  • Updated 1 day ago
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Welcome to 481 Captains Circle in the beautifully gated community of Regatta Bay where indoor luxury meets outdoor living. Open concept areas are designed for an easy flow for celebrations and gatherings, both inside and out. The entry foyer opens to the formal dining room and sitting area, which overlooks the pool and lake. Enjoy a book in front of the gas fireplace on cooler days. One wall features sliding pocket doors for the perfect view. There are four sets of hurricane rated sliding pocket doors throughout the property. The gourmet kitchen offers three preparation areas enhanced by high-end stainless-steel appliances, including a gas cooktop, dishwasher, double ovens, microwave, ice maker, trash compactor and wine cooler. The countertops are exquisite quartz that extends up the wall. The expansive pantry includes a stunning coffee bar. The laundry room has a sink, folding countertop, a drop zone, built-in shelving and a hanging area. The built-in cabinets and drawers are great for storage. The 20 x 17ft owners retreat features a beautiful gas fireplace, coffered ceiling and sliding pocket doors overlooking the pool and lake. The en-suite bathroom has an oversized, jetted spa bath with controls for heat and water volume as well as LED lighting. The spa shower walls are custom quartz with glass enclosure. There are separate vanities and a makeup area. The large walk-in closet has custom shelving and drawers. A total remodel and renovation completed Sept 2023. Two of the additional guest bedrooms are joined by a common hallway that includes a full bath. A pocket door is perfect to turn this area into a private guest suite. Bedroom four has large windows overlooking the lake. The office has spectacular windows and sliding pocket door that overlook the pool and the lake. Between the fourth bedroom and office is a full bath. The bath has an exterior door that leads to the backyard with an outdoor shower. Step outside to your own private resort-style oasis complete with an in-ground heated pool with hot tub and waterfalls. This exceptional property offers a rare combination of space and sophistication in one of Destin Florida's most sought after locations.

Full Property Details for 481 Captains Cir

General

  • Price: $2,395,000
  • Taxes: $13,322 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Emerald_Coast
  • MLS ID: 1015216
  • Updated: 11/9/2026
  • Added to Site: 3 day(s) ago

Rental Information

  • Complex Features: Short Term Rental - Not Allowed, Pickle Ball, Fishing, Gated Community, Golf, Handicap Provisions, Pavillion/Gazebo, Pets Allowed, Playground, Pool, Tennis, Waterfront

Interior

  • Number of Rooms: 16
  • Interior Features: Built-In Bookcases, Ceiling Beamed, Ceiling Crwn Molding, Ceiling Raised, Ceiling Tray/Cofferd, Ceiling Vaulted, Fireplace, Fireplace 2+, Guest Quarters, Kitchen Island, Lighting Recessed, Newly Painted, Pantry, Washer/Dryer Hookup, Woodwork Painted
  • Fireplace: Yes
  • Fireplace(s): Fireplace Gas
  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Ice Machine, Microwave, Oven Double, Oven Self Cleaning, Range Hood, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Trash Compactor, Wine Refrigerator, Water Heater - Gas
  • Flooring: Floor Tile

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Pool: Yes
  • Pool Description: Pool - Heated, Pool - In-Ground, Pool Type

Exterior

  • Exterior Features: Rain Gutter, Columns, Fenced Back Yard, Hot Tub, Pool - Enclosed, Pool - Gunite Concrt, Shower, Sprinkler System
  • Porch/Patio/Deck: Deck Covered, Deck Enclosed, Patio Covered, Patio Enc

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 3
  • Parking Features: Garage, Guest, Other

Location

  • Area: 14 - Destin
  • County: Okaloosa
  • Subdivision: Regatta Bay
  • Driving Directions: From Destin Commons turn left into Regatta Bay. Tell guard you are visiting the listed property at 481 Captains Circle. Forward on Regatta Bay Blvd, right on Commodore Point, right onto Captains Circle. House in on the left.

School Information

  • Elementary School: Destin
  • Middle School: Destin
  • High School: Destin

Community

  • Association: Yes
  • Assoc. Fees Include: Accounting, Master Association, Recreational Faclty, Security, Sewer, Trash

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fans, Central Air, Gas
  • Heating Type: Heat Pump A/A Two +, Central, Natural Gas
  • Heating/Cooling: Heat Pump A/A Two +, Central, Natural Gas, Ceiling Fans, Central Air, Gas

Utilities

  • Sewer: Public Sewer
  • Utility Description: Gas - Propane, Public Water, Underground

Structural Information

  • Architectural Style: L-Shaped
  • Construction: Stucco, Trim Aluminum
  • Exterior Const.: Stucco, Trim Aluminum
  • Stories/Levels: 1
  • Square Feet: 3,724
  • Sq. Ft. Source: County PA Records
  • Year Built: 2001

Lot Features

  • Property View: Lake
  • Lot Size (Acres): 0.57
  • Lot Size (Sq. Ft.): 24,829.2
  • Lot Dimensions: Irregular
  • Frontage: Private Road
  • Lot Features: Curb & Gutter, Easements, Irregular, Level, Restrictions, Sidewalk, Storm Sewer, Survey Available, Within 1/2 Mile to Water
  • Zoning: City, County, Resid Single Family
  • Fencing (Description): Fenced Lot-Part

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Type: Unit Waterfront, Lake, Shore - Natural

Green Features

  • Energy Efficient: Doors

Financial Considerations

  • Tax Amount: $13,322
  • Tax Year: 2025

Disclosures and Reports

  • Special Conditions: Accept Backup Offers
  • Legal Description: Commodore Point S/D Lot 50
  • APN: 00-2S-22-0515-0000-0500
  • Property ID: 00-2S-22-0515-0000-0500

Listed by Keller Williams Realty Destin

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— 481 Captains Cir —

  • Keller Williams Realty Destin

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 481 Captains Cir

School District:Okaloosa County School District
NameGradesDistance
Destin Middle School
4608 Legendary Marina Drive, Destin, FL 32541
5-80.7 mi
Destin Elementary School
630 Kelly Street, Destin, FL 32541
PK-44.7 mi
Fort Walton Beach High School
400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548
9-1213.5 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 481 Captains Cir Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/09/2026
Listed
$2,395,000
40.88%
MLS
6/15/2023
Sold
$1,700,000
—
Public Record
Get Price Alerts and Save Property
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 for 481 Captains Cir

Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,187
12%
$1,473,834
15%
2024
$13,528
62%
$1,284,637
56%
2023
$8,376
2%
$825,036
6%
2021
$8,227
—
$777,676
-3%
2022
$8,201
—
$801,006
9%
2021
$8,227
-2%
$736,272
—
2019
$8,376
3%
$736,757
4%
2018
$8,139
2%
$706,233
4%
2017
$7,987
4%
$679,591
3%
2016
$7,705
27%
$660,040
23%
2015
$6,069
-1%
$538,657
1%
2014
$6,100
2%
$534,382
1%
2013
$6,003
—
$526,485
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Keller Williams Realty Destin

481 Captains Circle, Destin, FL 32541 (MLS# 1015216) is a Single Family property with 4 bedrooms and 3 full bathrooms. 481 Captains Circle is currently listed for $2,395,000 and was received on November 09, 2026. Want to learn more about 481 Captains Circle? 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.

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