This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/99
$2,135,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/99
Property Description
This home hasn't just been renovated, it's been completely reimagined. Masterfully designed and updated, this lakefront home in Regatta Bay sits in Destin's premier gated golf and boating community. Set along a tranquil lake with a brand-new private dock, this exceptional residence offers 3 bedrooms, a dedicated office, and 3 full baths, showcasing a complete top-to-bottom transformation with no detail overlooked. Never occupied since renovation, the home lives like new construction while maintaining the character, warmth, and craftsmanship of a custom luxury residence. A dramatic oversized entry featuring switchable privacy glass sets the tone for the remarkable design found throughout the home. Every room has been thoughtfully redesigned with the finest materials and finishes available. Rich European white oak flooring flows throughout, complemented by custom shiplap walls, pecky cypress trim, architectural beams, designer lighting, premium hardware, and exceptional custom millwork. Expansive storefront-style windows capture stunning lake views and flood the home with natural light. The kitchen is equally impressive, appointed with Sub-Zero and Wolf appliances, custom cabinetry, and quartz countertops. The primary suite serves as a luxurious private retreat featuring an electric fireplace, separate his-and-her custom closets, and a spa-inspired bathroom with a large custom-tiled walk-in shower, soaking tub, double vanities, and designer finishes. Every bedroom is enhanced with custom closet systems and beautifully curated details. The extensive renovation includes virtually every interior and exterior component, including new CAT 5 hurricane-rated windows and doors, a new hurricane-rated garage door, new fireplaces, new screened outdoor living space with new stone pavers, fresh interior and exterior paint, and new landscaping. A new seawall and private dock complete the outdoor experience, while the garage has been upgraded with premium flooring and custom lighting. Perfectly positioned on the water and meticulously renovated from top to bottom, this one-of-a-kind residence must be seen to fully appreciate the extraordinary level of design, craftsmanship, and attention to detail found throughout. Schedule your private showing today and experience luxury waterfront living at its finest. Regatta Bay is a serene, gated community that seamlessly blends golf and boating, offering a lifestyle that is truly unparalleled! The essence of the Regatta Bay Lifestyle revolves around convenience, allowing residents to easily access numerous enjoyable destinations within minutes via golf cart, including the beach! Within the community, residents can indulge in golf, swimming, tennis, pickleball, parks, playgrounds, the Regatta Bay Clubhouse, Legendary Marine, and Legendary Yacht Club. Furthermore, Regatta Bay features a private road that leads directly to the Destin Commons, where an array of popular retail stores for both men and women awaits, alongside a diverse selection of restaurants, Whole Foods, Bass Pro, Lowes, an AMC movie theater, and Uncle Buck's Bowling-all easily reachable by golf cart. Regatta Bay is centrally located offering easy access to the airport and only a few miles from Northwest Florida's finest hospital. Schedule your private tour today and experience the elegance of Regatta Bay living.
Full Property Details
Full Property Details for 489 Captains Cir
General
- Price: $2,135,000
- Taxes: $6,344 (2025)
- Status: Active
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 1013822
- Updated: 10/16/2026
- Added to Site: 1 day(s) ago
Rental Information
- Complex Features: Short Term Rental - Not Allowed, Pickle Ball, Community Room, Dock, Fishing, Gated Community, Golf, Marina, Pets Allowed, Picnic Area, Playground, Pool, Tennis, Waterfront
Interior
- Number of Rooms: 8
- Interior Features: Breakfast Bar, Built-In Bookcases, Ceiling Beamed, Ceiling Crwn Molding, Ceiling Tray/Cofferd, Ceiling Vaulted, Kitchen Island, Lighting Recessed, Newly Painted, Pantry, Pull Down Stairs, Shelving, Split Bedroom, Walls Wainscoting, Washer/Dryer Hookup, Woodwork Painted, Woodwork Stained
- Fireplace: Yes
- Fireplace(s): Fireplace Gas
- Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Ice Machine, Microwave, Range Hood, Refrigerator, Smoke Detector, Stove/Oven Gas, Wine Refrigerator, Water Heater - Gas, Water Heater - Tnkls
- Furnishings: Furnished - None
- Flooring: Floor Hardwood, Floor Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Additional Information
- Pool: Yes
- Pool Description: Pool Type
Exterior
- Exterior Features: Rain Gutter, Columns, Lawn Pump, Sprinkler System
- Porch/Patio/Deck: Porch Screened
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
Location
- Area: 14 - Destin
- County: Okaloosa
- Subdivision: Regatta Bay
- Driving Directions: Enter Regatta Bay main entrance from HWY 98. Go straight. Turn right on Commodore Point Rd. Turn right on Captains Circle. House is on the left.
School Information
- Elementary School: Destin
- Middle School: Destin
- High School: Fort Walton Beach
Community
- Association: Yes
- Assoc. Fees Include: Ground Keeping, Land Recreation, Management, Master Association, Recreational Faclty, Security
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Ceiling Fans, Central Air
- Heating/Cooling: Ceiling Fans, Central Air
Utilities
- Sewer: Public Sewer
- Utility Description: Electric, Gas - Natural, Public Water, Underground
Structural Information
- Architectural Style: Contemporary
- Construction: Frame, Siding Wood, Stucco, Trim Wood
- Exterior Const.: Frame, Siding Wood, Stucco, Trim Wood
- Stories/Levels: 1
- Square Feet: 2,584
- Sq. Ft. Source: County PA Records
- Year Built: 2015
Lot Features
- Property View: Lake
- Lot Size (Acres): 0.38
- Lot Size (Sq. Ft.): 16,552.8
- Lot Dimensions: 90 x 181 x 90 x 184
- Frontage: Private Road
- Lot Features: Bulkhead/Seawall, Covenants, Restrictions, Within 1/2 Mile to Water
- Zoning: Resid Single Family
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Type: Lake
Green Features
- Energy Efficient: Doors
Financial Considerations
- Assessment Amount: $1,075
- Tax Amount: $6,344.55
- Tax Year: 2025
Disclosures and Reports
- Legal Description: COMMODORE POINT S/D LOT 46
- APN: 00-2S-22-0515-0000-0460
- Property ID: 00-2S-22-0515-0000-0460
Listed by Legendary Realty LLC
Get Pre-Approved Today
Schools
Schools serving 489 Captains Cir
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Destin Middle School 4608 Legendary Marina Drive, Destin, FL 32541 | 5-8 | 0.7 mi |
Destin Elementary School 630 Kelly Street, Destin, FL 32541 | PK-4 | 4.7 mi |
Fort Walton Beach High School 400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548 | 9-12 | 13.5 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 489 Captains Cir
Date
Details
Price
Change
Source
10/16/2026
Listed
$2,135,000
103.33%
MLS
5/31/2023
Sold
$1,050,000
—
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 489 Captains Cir
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,345
3%
$640,866
3%
2024
$6,166
53%
$622,805
50%
2023
$4,028
2%
$416,045
6%
2021
$3,947
—
$392,162
-3%
2022
$3,939
—
$403,927
4%
2021
$3,947
2%
$386,748
2%
2019
$3,885
1%
$378,053
2%
2018
$3,858
8%
$371,004
9%
2017
$3,565
3%
$339,348
2%
2016
$3,469
-2%
$332,368
1%
2015
$3,556
—
$330,058
1%
2014
$3,573
2%
$327,438
2%
2013
$3,515
—
$322,599
—
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 489 Captains Cir
489 Captains Circle, Destin, FL 32541 (MLS# 1013822) is a Single Family property with 3 bedrooms and 3 full bathrooms. 489 Captains Circle is currently listed for $2,135,000 and was received on October 16, 2026. Want to learn more about 489 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.

