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$10,000,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 5 Full Baths
  • 3 Partial Baths
  • 7,020 Sq. Ft.
  • Updated 21 hours ago

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Rare Bayfront Opportunity. Constructed with concrete and just 3 years young, this showpiece pairs resort-style amenities with a technology-forward, luxury interior and 112 feet of prime waterfront. Enjoy 7,020 sq ft of finished, heated/cooled space now, with an additional 2,955 sq ft pre-wired and plumbed for your ideal use and design. Inside, it's all about scale, light, and livability. Twelve-foot ceilings, 4'x2' tile throughout, double staircases crowned by chandeliers, and three sets of 9' sliding glass doors framing the bay. A chef's kitchen that actually cooks features Wolf and Electrolux Commercial appliances and touchless faucets. Entertain guests in your climate-controlled, glass-enclosed wine cellar capable of holding more than 1,000 bottles of wine. The primary suite brings hotel-level luxury with dual oversized closets and a 13'x7' spa shower (multiple shower heads, integrated speakers) and a free-standing tub. An oversized, storage-rich laundry room keeps life tidy. Whole-home conveniences include a central vacuum, security system with fire monitoring, full CCTV with motion detection, and a hidden concrete safe room with its own monitoring. Outdoor living is the headliner. A 1,435 sq ft 4-car garage anchors the motor court, while the covered summer kitchen brings the party: 42" commercial grill, commercial double burner, 60" Wolf hood with dual external vents, outdoor pizza oven (not built-in), 62" Arctic Air under-counter commercial refrigerator, NatureKast cabinetry, touchless faucet, wall-mounted Lava Aire fan/mister, Big Ass Fan, Hishizaki icemaker, and a 9'x4' island. Three remote screen enclosures open to a 50'x20' saltwater, ozone-filtered pool with water features, a 13'x16' spa with swim-in-place jet, commercial gas heater, two chillers, five in-pool barstools facing the bay, LED lighting, ten gas lanterns, a built-in fire pit, lounge seating (6 patio loungers + 2 pool loungers), two 70" outdoor TVs, Bose + Sonos audio, and a large storage room. Your private waterfront playground. An oversized dock built with flow-through decking is specked for a future boat lift and includes a kayak deck, two 360-degree jet ski lifts, three ladder access points, perimeter uplighting, and full utilities--power, water, internet, and cameras--right on the dock. For added peace of mind, this home also features exterior perimeter security cameras, alarm system with fire monitoring, a solid concrete hidden safe room with CCTV camera systems, a cell tower, and a 48 KW Generac generator.

Full Property Details for 3218 Bay Estates Cir

General

  • Price: $10,000,000
  • Taxes: $42,168 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Emerald_Coast
  • MLS ID: 1000082
  • Updated: 4/13/2026
  • Added to Site: 6 day(s) ago

Rental Information

  • Complex Features: Pickle Ball, BBQ Pit/Grill, Beach, Dock, Fishing, Gated Community, Golf, Marina, Pets Allowed, Playground, Pool, Tennis, TV Cable, Waterfront

Interior

  • Number of Rooms: 12
  • Interior Features: Built-In Bookcases, Fireplace, Guest Quarters, Kitchen Island, Lighting Recessed, Pantry, Split Bedroom, Washer/Dryer Hookup
  • Fireplace: Yes
  • Fireplace(s): Fireplace
  • Appliances: Central Vacuum, Dishwasher, Disposal, Ice Machine, Microwave, Oven Double, Refrigerator W/IceMk, Security System, Stove/Oven Gas, Wine Refrigerator, Water Heater - Tnkls
  • Furnishings: Furnished - None
  • Flooring: Floor Tile

Rooms

Bathrooms

  • Total Bathrooms: 8
  • Full Bathrooms: 5
  • Half Bathrooms: 3

Bedrooms

  • Total Bedrooms: 5

Additional Information

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

Exterior

  • Exterior Features: Balcony, Boat Slip, Dock, Hot Tub, Separate Living Area, Sprinkler System, Summer Kitchen
  • Porch/Patio/Deck: Patio Covered

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 4

Location

  • Area: 15 - Miramar/Sandestin Resort
  • County: Walton
  • Subdivision: BURNT PINE
  • Driving Directions: Google maps to 3218 Bay Estates Circle, Miramar Beach, FL 32550

School Information

  • Elementary School: Van R Butler
  • Middle School: Emerald Coast
  • High School: South Walton

Community

  • Association: Yes
  • Assoc. Fees Include: Accounting, Management, Master Association, Recreational Faclty, Security, Cable TV, Trash

Utilities

  • Sewer: Public Sewer
  • Utility Description: Electric, Gas - Natural, Public Water, TV Cable

Structural Information

  • Architectural Style: Contemporary
  • Construction: Concrete, Insulated Conc Forms, Stucco
  • Exterior Const.: Concrete, Insulated Conc Forms, Stucco
  • Stories/Levels: 2
  • Square Feet: 7,020
  • Sq. Ft. Source: Building Plan
  • Year Built: 2023

Additional Structures

  • Other Structures: Guest Quarters

Lot Features

  • Property View: Bay
  • Lot Size (Acres): 0.47
  • Lot Size (Sq. Ft.): 20,473.2
  • Lot Dimensions: 112 x 206
  • Street/Road Desc.: Paved
  • Lot Features: Bulkhead/Seawall, Covenants, Flood Insurance Req, Survey Available, Within 1/2 Mile to Water, See Remarks
  • Zoning: Resid Single Family
  • Fencing (Description): Fenced Lot-Part

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Type: Bay

Financial Considerations

  • Assessment Amount: $1,080
  • Tax Amount: $42,168.31
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: LOT 4 BLK B SANDESTIN BAY EST PH II PB 8-7 & INT IN COMMON ELEMENTS AS RECD IN OR 479-189 OR 814-234 OR 1236-64 OR 1785-171 OR 2995-595 OR 3087-4695 OR 3158-51
  • APN: 23-2S-21-42110-00B-0040
  • Property ID: 23-2S-21-42110-00B-0040

Listed by LPT Realty LLC

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Listing agent

— 3218 Bay Estates Cir —

  • LPT Realty LLC

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 3218 Bay Estates Cir

School District:Walton County School District
NameGradesDistance
Van R. Butler Elementary School
6694 West County Highway 30A, Santa Rosa Beach, FL 32459
K-54.8 mi
Emerald Coast Middle School
4019 US Highway 98 East, Santa Rosa Beach, FL 32459
6-812.9 mi
South Walton High School
645 Greenway Trail, Santa Rosa Beach, FL 32459
9-128.6 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 3218 Bay Estates Cir Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/08/2026
Listed
$10,000,000
439.08%
MLS
8/31/2020
Sold
$1,855,000
—
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 3218 Bay Estates Cir

Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
$4,705,448
-7%
2024
-100%
$5,042,867
233%
2023
$13,770
-3%
$1,515,437
3%
2021
$14,242
-7%
$1,471,356
-13%
2022
$15,277
7%
$1,681,915
70%
2021
$14,242
51%
$986,818
4%
2019
$9,424
-33%
$948,940
-33%
2018
$14,102
2%
$1,414,253
2%
2017
$13,781
2%
$1,390,421
3%
2016
$13,568
9%
$1,355,952
7%
2015
$12,487
-1%
$1,265,306
1%
2014
$12,562
-1%
$1,255,264
-1%
2013
$12,728
—
$1,263,384
—
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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Listed by LPT Realty LLC

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3218 Bay Estates Circle, Miramar Beach, FL 32550 (MLS# 1000082) is a Single Family property with 5 bedrooms, 5 full bathrooms and 3 partial bathrooms. 3218 Bay Estates Circle is currently listed for $10,000,000 and was received on April 08, 2026. Want to learn more about 3218 Bay Estates Circle? Do you have questions about finding other Single Family real estate for sale in Miramar Beach? You can browse all Miramar Beach real estate or contact a Coldwell Banker agent to request more information.

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