Price Reduction - Waterfront
Address
3469 Scenic Highway 98, Destin, FL
Price
$ 5,300,000
Property Attributes
- MLS#1001392
- TypeSingle Family
- Listing Status Active
- CountyOkaloosa
- CityDestin
- AreaDestin
- NeighborhoodGRAND PALMS S-D
- Zip32541
- StyleMediterranean
- Year Built2012
- Taxes$ 56875
- Price$ 5,300,000
- Bedrooms8
- Full Bathrooms8
- Half Bathrooms1
- Sqr Footage6489
- Lot Size0.36 Acres
Data Source:
Emerald Coast MLS (ECAR)
Property Description
Welcome to an exceptional beachside retreat in the heart of Destin, where coastal luxury meets effortless income potential. Perfectly positioned with 61 feet of lake frontage and sweeping Gulf views, this remarkable residence is just steps from the sugar-white sands of the Gulf of Mexico and a short stroll to a sprawling beach access. The first level is designed for recreation and seamless indoor-outdoor living, featuring a spacious game room complete with a pool table, arcade games, and a convenient kitchenette with full-size refrigerator and ice maker. Multiple guest suites and bunk accommodations offer flexibility for large groups, while direct access leads to a true backyard oasis. The outdoor space lives like a private resort, highlighted by a beautifully designed pool with Baja shelf and spa, expansive sundeck, and tranquil lake views. A covered outdoor living area with a full kitchen, grill, beverage cooler, fireplace, and mounted TV creates the perfect setting for entertaining or unwinding after a day at the beach. A thoughtful feature includes an elevator servicing all three levels. The second level serves as the heart of the home, where an open-concept layout seamlessly connects the kitchen, dining, and living areas. A chef's kitchen anchored by an oversized island and premium appliances flows into a grand dining space accented with vaulted Pecky cypress ceilings and designer lighting, ideal for hosting large gatherings. The living room is filled with natural light and opens to a spacious balcony overlooking the pool and lake with direct access to the pool deck, adding convenience and extending the living space outdoors. Additional guest suites on this level provide comfort and privacy, with select rooms offering private balcony access. The third level offers a more private retreat with an additional living area and multiple well-appointed king suites, each with en suite baths. Select bedrooms feature soaking tubs and private balconies capturing glimpses of the Gulf, while additional bunk accommodations ensure ample space for guests. At the top, a rooftop viewing deck provides a breathtaking vantage point, where sunsets over the Gulf create an unforgettable daily experience. Offered fully furnished and turnkey, this expansive residence comfortably accommodates up to 28 guests and is ideally suited as both a legacy second home and a high-performing short-term rental. This is a rare opportunity to own a property that truly captures the essence of Destin living, blending scale, luxury, and an unbeatable location into one extraordinary offering.
| Elementary School | Middle School | High School |
|---|---|---|
| Destin Elementary School | Destin Middle School | Destin High School |
| Price History | |
|---|---|
| 4/29/2026 | Listed $5,500,000 |
| 9/1/2026 | 4$5,300,000 |
General Features
| Utilities | Gas - Natural,Public Water,Tap Fee Paid |
|---|---|
| Zoning | Resid Single Family |
| Property Subtype | Detached Single Family |
| Community Features | Community Room,Picnic Area,Pool,Tennis |
| County | Okaloosa |
| Property Type | Residential |
| Subdivision Name | GRAND PALMS S/D |
| Status | Active |
| Buyer Financing | Conventional |
| Directions | From Hwy 98, head south on Hutchinson Street. Take a left on Scenic 98. After roughly a mile, 3469 Scenic Highway 98 is on the left. |
| High School | Destin |
| City | Destin |
| MLS Area | 14 - Destin |
| Lot Size Units | Acres |
| Lot Size Square Feet | 15681.6 |
| Elementary School | Destin |
| Middle/Junior High School | Destin |
| MLS Area Minor | 1404 - Destin Beach East |
| Standard Status | Active |
| Sewer | Public Sewer |
| View | Lake,Gulf |
| Waterfront Features | Lake |
| Tax Assessed Value | 3550 |
| Heating | Central |
| Cooling | Ceiling Fans |
| Garage Spaces | 2 |
| Patio/Porch Features | Deck Covered,Deck Open,Patio Covered,Patio Open,Porch Open |
| Architectural Style | Mediterranean |
| Construction Materials | Stucco |
| Year Built | 2012 |
| Stories Count | 3 |
| Tax Year | 2025 |
| New Construction | false |
| Attached Garage | true |
| Total Rooms | 10 |
| Carport Y/N | false |
| Property Condition | Construction Complete |
| Association Fee Includes | Master Association,Recreational Faclty |
| Pool Features | Pool - In-Ground,Pool Type |
| HOA | true |
Interior Features
| Total Baths | 9 |
|---|---|
| Interior Amenities | Built-In Bookcases,Ceiling Crwn Molding,Ceiling Raised,Ceiling Tray/Cofferd,Ceiling Vaulted,Elevator,Fireplace,Hallway Bunk Beds,Kitchen Island,Lighting Recessed,Owner's Closet,Pantry,Washer/Dryer Hookup,Wet Bar |
| Flooring | Floor Tile |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Window Features | Window Treatment All |
| Furnished Y/N | Furnished - All |
| Fireplace Features | Fireplace |
| Fireplace Y/N | true |
Exterior Features
| Lot Features | Restrictions,Sidewalk,Within 1/2 Mile to Water,See Remarks |
|---|---|
| Lot Size Area | 0.36 |
| Lot Dimensions | 70 x 180 |
| Lot Size Acres | 0.36 |
| Road Surface Type | Paved |
| Waterfront Y/N | true |
| Exterior Amenities | Balcony,BBQ Pit/Grill,Fenced Back Yard,Hot Tub,Shower,Summer Kitchen |
| Fencing | Fenced Lot-Part |
| Building Area Total | 6489 |
| Parking Features | Garage,Oversized |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 32541
Price
Taxes
Year Built
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
