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$1,875,000
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Property Description
Priced below recent appraisal! Discover the perfect fusion of modern elegance and artistic coastal contemporary design in this remarkable lakefront residence. This newly built home sits on one of the premier lots in Regatta Bay and offers both lake and golf course views. The home is located within the prestigious gated golf and boating community of Regatta Bay. Completed in 2016, this meticulously designed home showcases an open floor plan with the majority of the home located on the main level. The thoughtfully arranged layout features four bedrooms and four and a half bathrooms, enhanced by clean lines and exquisite designer finishes throughout. This designer finished property boasts remarkable features, including soaring 12-foot ceilings on the main level and an oversized three-car garage with ample parking. The interior showcases elegant hardwood flooring throughout, leading to a spacious living room that is anchored by a contemporary gas stone fireplace. This inviting space offers seamless access to an expansive screened lanai, showcasing 650 square feet of outdoor living space adorned with pecky cypress ceilings and beautiful views. The outdoor area is further complemented by a secondary gas fireplace, pool and hot tub, perfectly positioned to capture breathtaking western sunsets and picturesque views of the lake and multi award winning golf course. The designer kitchen is a culinary dream, with custom built cabinetry, Calcutta marble countertops, 60-inch Wolf gas range and a built-in Sub-Zero refrigerator. The kitchen flows effortlessly into the open dining room and includes an oversized pantry with premium storage options. The master suite radiates coastal charm with and a spa-like master bathroom complete with a luxurious soaking tub, dual vanities, chevron-pattern marble flooring, and an oversized walk-in shower adorned with hand-hewn beam accents and dual shower heads. The 13x16 master closet is a standout feature, offering direct access from the master suite and showcasing custom-built shelving along with a center island for optimal storage. Additionally, the laundry room conveniently connects to the master closet for enhanced functionality. On the second floor, you will find two additional bedrooms each with en-suite bathrooms, as well as a flex space. 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.
Full Property Details
Full Property Details for 489 Regatta Bay Blvd
General
- Sold For: $1,875,000
- Taxes: $14,721 (2024)
- Status: Closed
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 976567
- Added to Site: 304 day(s) ago
Interior
- Rooms/Areas: Bedroom, Bonus Room, Kitchen, Living Room, Master Bedroom
- Interior Features: Ceiling Beamed, Ceiling Crwn Molding, Ceiling Raised, Fireplace 2+, Floor Hardwood, Floor Tile, Furnished - None, Kitchen Island, Lighting Recessed, Owner's Closet, Pantry, Shelving, Upgraded Media Wing, Washer/Dryer Hookup, Wet Bar, Woodwork Painted, Woodwork Stained
- Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Ice Machine, Microwave, Oven Self Cleaning, Range Hood, Refrigerator, Smoke Detector, Stove/Oven Gas, Wine Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Living Room: Living Room
- Kitchen: Kitchen
Additional Information
- Shared Amenities: Boat Launch, Community Room, Dock, Fishing, Game Room, Gated Community, Golf, Marina, Pets Allowed, Pickle Ball, Picnic Area, Playground, Pool, Short Term Rental - Not Allowed, Tennis, Waterfront
- Pool: Yes
Exterior
- Exterior Features: BBQ Pit/Grill, Fireplace, Hot Tub, Pool - Gunite Concrt, Pool - In-Ground, Porch Screened, Rain Gutter, Sprinkler System, Summer Kitchen
Parking
- Garage: Yes
- Garage Spaces: 3
- Parking: Garage Attached
Location
- Area: 14 - Destin
- County: Okaloosa
- Subdivision: Regatta Bay
- Driving Directions: Turn into main entrance of Regatta Bay from HWY 98. Go straight. House is on your left.
School Information
- Elementary School: Destin
- Middle School: Destin
- High School: Fort Walton Beach
Heating & Cooling
- Heating/Cooling: AC - High Efficiency, Ceiling Fans, Double Pane Windows, Heat Cntrl Electric, Insulated Doors, Insulated Floors, Storm Doors, Storm Windows, Water Heater - Gas, Water Heater - Tnkls
Utilities
- Utility Description: Electric, Gas - Natural, Public Sewer, Public Water, Underground
Structural Information
- Architectural Style: Traditional
- Construction: Frame, Roof Tile/Slate, Siding Brick Front, Slab, Stucco
- Stories/Levels: 2
- Square Feet: 3,982
- Sq. Ft. Source: County PA Records
- Year Built: 2016
Lot Features
- Property View: Lake
- Lot Size (Acres): 0.32
- Lot Dimensions: 90.49 x 155.52 x 90.15 x 151.79
- Street/Road Desc.: Controlled Access, Private Road
- Lot Features: Covenants, Golf Course, Restrictions, Sidewalk, Within 1/2 Mile to Water
- Zoning: Resid Single Family
Water Features
- Water Front Type: Lake
Financial Considerations
- Assessment Amount: $1,075
- Assmt Payment Freq: Quarterly
- Tax Amount: $14,721
- Tax Year: 2024
Disclosures and Reports
- Legal Description: REGATTA BAY PH 2A LOT 61
- Assessment: Yes
- APN: 00-2S-22-2092-0000-0610
Listed and Sold by Legendary Realty LLC
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Schools
Schools serving 489 Regatta Bay Blvd
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Destin Middle School 4608 Legendary Marina Drive, Destin, FL 32541 | 5-8 | 0.4 mi |
Destin Elementary School 630 Kelly Street, Destin, FL 32541 | PK-4 | 4.3 mi |
Fort Walton Beach High School 400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548 | 9-12 | 13.1 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 Regatta Bay Blvd
Date
Details
Price
Change
Source
2/05/2026
Sold
$1,875,000
-6.11%
MLS
1/04/2026
Price Reduced
$1,997,000
-7.12%
MLS
10/10/2025
Price Reduced
$2,150,000
-3.33%
MLS
9/10/2025
Price Reduced
$2,224,000
-1.16%
MLS
7/22/2025
Price Reduced
$2,250,000
-9.59%
MLS
6/30/2025
Price Reduced
$2,488,750
-4.17%
MLS
6/10/2025
Price Reduced
$2,597,000
-1.96%
MLS
5/18/2025
Listed
$2,649,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
489 Regatta Bay Boulevard, Destin, FL 32541 (MLS# 976567) is a Single Family property that was sold at $1,875,000 on February 05, 2026. Want to learn more about 489 Regatta Bay Boulevard? 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.

