NOT LISTED FOR SALE

3225 Bay Estates Dr Miramar Beach, FL 32550

Estimated Value: $4,730,000 - $9,078,289

5 Beds
5.5 Baths
8,020 Sq Ft
$861/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $8,000,000 $998 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $42,335/month

10 Days on Market

Highlights

  • Marina
  • Community Boat Dock
  • Golf Course Community
  • Van R. Butler Elementary School Rated A-
  • Home fronts a seawall
  • Boat Lift

About This Home

As of March 2021

Welcome to a home that is inviting and breathtaking all at once, incorporating Floridian Bayfront living with resort luxuries. This gated estate encompasses 107' on Choctawhatchee Bay with golf cart access to The Village of Baytowne Wharf with full-service Marina, boutiques and eateries, along with the Sandestin Golf and Beach Resort at your doorstep. This is a home that effortlessly welcomes your guests one evening, while granting comfort and privacy to your family every day. Four of the five Bedroom Suites have Bay views and open to the outdoor living area including infinity pool, jacuzzi, and private dock with boat and jet ski lifts. A second entertainment kitchen, dining and living area open to the outdoors with sliding glass walls. Design masterwork abounds in this home. .

Last Agent to Sell the Property

Allen Adams

850 Properties - Santa Rosa Beach Listed on: 02/25/2021

Last Buyer's Agent

Denise Greene

Scenic Sotheby's International Realty License #3255196

Scenic Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,632

Year Built

  • Built in 2008

Lot Details

  • Lot Dimensions are 107'x228'x106'x221'
  • Home fronts a seawall
  • Property Fronts a Bay or Harbor
  • Property fronts a private road
  • Back Yard Fenced
  • Sprinkler System
  • Lawn Pump

HOA Fees

  • $276 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Mediterranean Architecture
  • Exterior Columns
  • Wallpaper
  • Slate Roof
  • Stucco
  • Slate

Interior Spaces

  • 8,020 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Built-in Bookshelves
  • Shelving
  • Woodwork
  • Crown Molding
  • Paneling
  • Beamed Ceilings
  • Coffered Ceiling
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Upgraded Media Wing
  • Home Office
  • Recreation Room
  • Bonus Room
  • Bay Views

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Gas Oven or Range
  • Stove
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Painted or Stained Flooring
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Dressing Area
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Garden Bath

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Spa
  • Gunite Pool

Outdoor Features

  • Deeded access to the beach
  • Bulkhead
  • Boat Lift
  • Boat Slip
  • Docks
  • Covered Deck
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Built-In Barbecue

Additional Homes

  • Dwelling with Separate Living Area

Schools

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

Utilities

  • Multiple cooling system units
  • Underground Utilities
  • Tankless Water Heater
  • Multiple Water Heaters
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 23-2S-21-42110-00A-0170

Community Details

Overview

  • Association fees include accounting, master, security, cable TV, trash
  • Burnt Pine Subdivision
  • The community has rules related to covenants

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Community Boat Dock
  • Community Boat Launch
  • Marina
  • Beach
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,632

Year Built

Built in 2008

Lot Details

0.54 Acres

HOA Fees

$276 per month

Parking

3

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 107'x228'x106'x221'
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: BURNT PINE
  • Directions: Traveling East on Hwy 98 from Destin, turn Left onto Baytowne Lane (Guard Gate), Left onto W Baytowne Ave, Left onto Club Dr (Guard Gate), Left onto Bay Estates Drive, home on the right.
  • Architectural Style: Mediterranean
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2008
  • Remarks Misc:Remarks: Welcome to a home that is inviting and breathtaking all at once, incorporating Floridian Bayfront living with resort luxuries. This gated estate encompasses 107' on Choctawhatchee Bay with golf cart access to The Village of Baytowne Wharf with full-service Marina, boutiques and eateries, along with the Sandestin Golf and Beach Resort at your doorstep. This is a home that effortlessly welcomes your guests one evening, while granting comfort and privacy to your family every day. Four of the five Bedroom Suites have Bay views and open to the outdoor living area including infinity pool, jacuzzi, and private dock with boat and jet ski lifts. A second entertainment kitchen, dining and living area open to the outdoors with sliding glass walls. Design masterwork abounds in this home.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Rooms:Living Room: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Waterfront:Bay: Yes
  • Waterview:Bay2: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Bonus Room: Yes
  • Energy:AC - 2 or More: Yes
  • Energy:Water Heater - Tnkls: Yes
  • Utilities:Gas - Natural: Yes
  • Utilities:Underground: Yes
  • Energy:Water Heater - Gas: Yes
  • Rooms:Family Room: Yes
  • Rooms:Office2: Yes
  • Energy:Water Heater - Two: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Auto Garage Door Opn, Central Vacuum, Dishwasher, Disposal, Dryer, Freezer, Ice Machine, Microwave, Oven Double, Oven Self Cleaning, Range Hood, Refrigerator, Refrigerator W/IceMk, Security System, Smoke Detector, Stove/Oven Dual Fuel, Washer, Wine Refrigerator
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Ceiling Beamed, Ceiling Cathedral, Ceiling Crwn Molding, Ceiling Raised, Ceiling Tray/Cofferd, Ceiling Vaulted, Elevator, Fireplace 2+, Fireplace Gas, Floor Tile, Floor WW Carpet, Furnished - None, Kitchen Island, Lighting Recessed, Pantry, Shelving, Upgraded Media Wing, Wallpaper, Walls Paneled, Washer/Dryer Hookup, Wet Bar, Window Treatmnt None, Woodwork Painted
  • Interior:WasherDryer Hookup: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Machine: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Elevator: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Ceiling Cathedral: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Appliances:Freezer: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Ceiling Vaulted: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Woodwork Painted: Yes
  • Appliances:Security System: Yes
  • Mstr BdrmMstr Bath:MBath Dressing Area: Yes
  • Interior:Ceiling TrayCofferd: Yes
  • Appliances:StoveOven Dual Fuel: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior:Fireplace Gas: Yes
  • Interior:Shelving: Yes
  • Appliances:Oven Double: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Wet Bar: Yes
  • Interior:Ceiling Beamed: Yes
  • Appliances:Central Vacuum: Yes
  • Interior:Wallpaper: Yes
  • Interior:Fireplace 2: Yes
  • Interior:Walls Paneled: Yes

Exterior Features

  • Lot Features: Bulkhead/Seawall, Covenants, Restrictions, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Bay
  • Waterfront Features: Bay
  • Waterfront: Yes
  • Construction Type: Roof Tile/Slate, Stucco
  • Exterior Features: BBQ Pit/Grill, Boat Slip, Boatlift, Columns, Deck Enclosed, Dock, Fenced Back Yard, Fenced Lot-All, Fireplace, Hot Tub, Lawn Pump, Patio Covered, Patio Open, Pool - Gunite Concrt, Pool - Heated, Pool - In-Ground, Porch, Separate Living Area, Sprinkler System, Summer Kitchen
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Stucco: Yes
  • Lot Features:BulkheadSeawall: Yes
  • Exterior:Patio Open: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Lawn Pump: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Hot Tub: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Columns: Yes
  • Exterior:BBQ PitGrill: Yes
  • ConstructionSiding:Roof TileSlate: Yes
  • Exterior:Fireplace2: Yes
  • Exterior:Separate Living Area: Yes
  • Exterior:Fenced Lot-All: Yes
  • Exterior:Deck Enclosed: Yes
  • Exterior:Boat Slip: Yes
  • Exterior:Boatlift: Yes
  • Exterior:Dock: Yes
  • Exterior:Pool - Gunite Concrt: Yes
  • Exterior:Summer Kitchen: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes

Utilities

  • Cooling: Ceiling Fan(s)
  • Cooling Y N: Yes
  • Utilities: Electric, Gas - Natural, Phone, Public Sewer, Public Water, TV Cable, Underground
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Boat Launch, Deed Access, Dock, Fishing, Gated Community, Golf, Marina, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 829.47
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Master Association, Security, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 23-2S-21-42110-00A-0170
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 43631.59
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
Mar 26, 2021
Sold by
Reaves Todd B and Reaves Storey H
Bought by
Ring Carl D and Ring Patricia D
Seller's Agent
Allen Adams
850 Properties - Santa Rosa Beach
Buyer's Agent
Denise Greene
Scenic Sotheby's International Realty
List Price
$8,000,000
Sold Price
$8,000,000
Current Estimated Value
$6,904,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,095,855
Avg. Annual Appreciation
-2.91%

Purchase Details

Closed on
Aug 29, 2017
Sold by
Reaves Todd D and Reaves Storey H
Bought by
Reaves Todd D and The Todd Dreaves Family Trust

Purchase Details

Closed on
Mar 17, 2017
Sold by
Sale A Bernice
Bought by
Reaves Todd D and Reaves Storey H

Purchase Details

Closed on
Feb 2, 2009
Sold by
Sale David K
Bought by
Sale David K and Sale Bernice A

Purchase Details

Closed on
Feb 5, 2007
Sold by
Dks Of Destin Llc
Bought by
Sale David K and Revocable Trust Agreement David K Sale

Purchase Details

Closed on
Aug 10, 2006
Sold by
Jrj Properties Inc
Bought by
Dks Of Destin Llc

Purchase Details

Closed on
Jan 23, 2006
Sold by
Sawyer Gail V
Bought by
Jrj Properties Inc

Purchase Details

Closed on
Sep 12, 2003
Sold by
Odom Steven A
Bought by
Sawyer Gail V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,264,000
Interest Rate
5.5%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ring Carl D $8,000,000 Shoreline Title Llc
Reaves Todd D -- Attorney
Reaves Todd D $7,350,000 None Available
Sale David K -- Attorney
Sale David K -- Dune Title Company Llc
Dks Of Destin Llc $2,550,000 Dune Title Company Llc
Jrj Properties Inc $2,230,000 Dune Title Company Llc
Sawyer Gail V $1,580,000 Dba Advance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sawyer Gail V $1,264,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2021 03/26/21 Sold $8,000,000 0.0% $998 / Sq Ft
03/07/2021 03/07/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $8,000,000 -- $998 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $73,628 $8,148,612 $1,441,368 $6,707,244
2024 $69,597 $8,224,974 $1,441,368 $6,783,606
2023 $69,597 $6,960,238 $0 $0
2022 $58,639 $6,327,489 $1,599,919 $4,727,570
2021 $42,836 $4,462,998 $1,399,386 $3,063,612
2020 $43,632 $4,408,142 $984,818 $3,423,324
2019 $42,700 $4,337,038 $946,940 $3,390,098
2018 $51,235 $5,175,643 $0 $0
2017 $21,272 $2,183,361 $0 $0
2016 $21,028 $2,138,453 $0 $0
2015 $22,297 $2,230,360 $0 $0
2014 $22,432 $2,212,659 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 865385

Emerald Coast Association of REALTORS®

APN: 23-2S-21-42110-00A-0170

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