NOT LISTED FOR SALE

4532 Fairwind Ct Destin, FL 32541

Estimated Value: $5,153,000 - $6,222,000

4 Beds
5.5 Baths
5,735 Sq Ft
$1,025/Sq Ft Est. Value

Last Sold March 30, 2021

Last sale price $4,999,000 $872 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $35,263/month

44 Days on Market

Highlights

  • Docks
  • Golf Course Community
  • Property Fronts a Bay or Harbor
  • Destin Elementary School Rated A-
  • Boat Lift
  • Boat Slip

About This Home

As of March 2021

Built in 2017 by Magnolia Custom Homes, this sprawling bay front home is a legacy retreat primely positioned on one of the most premier homesites in the prestigious gated enclave of Regatta Bay. Featuring over 5,735 sqft of heated and cooled living space including over 10,000 sqft under roof and most notably offering a five car garage with 109' of linear frontage on the gorgeous Choctawhatchee Bay. This custom residence was thoughtfully designed and situated on an elevated homesite with notable features including a 30' linear infinity edge pool and spa as well as a spacious rear lanai which enjoys a northwest orientation for soaking in endless summer sunsets. Other notable features include a custom built dock with boat lift and covered boat & jet ski parking as well as an oversized first floor master suite with spa-like ensuite bathroom complete with dual vanities, a walk-in shower, private water closet and two spacious walk-in master closets. Floor to ceiling hurricane impact resistant windows frame the northern exposure of this home allowing sweeping bay vistas from ever portion of the home including the first floor living room which offers 10' glass sliding door for the perfect indoor/outdoor living as well as an adjacent chef's kitchen and custom built bar which is perfect for entertaining and fully equipped with finely appointed finishes including quartz countertops, stainless Thermador appliances as well as a sleek hidden pantry and scullery. The second level offers multiple guest suites with additional oversized heated and cooled storage as well as a secondary bar and entertaining area all overlooking the pristine waters of the Choctawhatchee Bay. Regatta Bay is a gated enclave surrounded by a world class Golf club as well as easy access to Legendary Marina, Whole Foods at the Destin Commons commercial complex as well as easy beach access along the white sand beaches and emerald green waters of the Gulf of Mexico.

Last Agent to Sell the Property

Spears Group

Scenic Sotheby's International Realty Listed on: 01/22/2021

Last Buyer's Agent

Spears Group

Scenic Sotheby's International Realty Listed on: 01/22/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,124

Year Built

  • Built in 2017

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 101.68 x 211.98 x 108.88 x 201.96
  • Property Fronts a Bay or Harbor
  • Property fronts a private road
  • Cul-De-Sac
  • Partially Fenced Property

HOA Fees

  • $235 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Automatic Garage Door Opener

Home Design

  • Contemporary Architecture
  • Newly Painted Property
  • Frame Construction
  • Stucco

Interior Spaces

  • 5,735 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-in Bookshelves
  • Shelving
  • Crown Molding
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Window Treatments
  • Great Room
  • Dining Area
  • Bonus Room
  • Bay Views
  • Fire and Smoke Detector

Kitchen

  • Walk-In Pantry
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Dressing Area
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Laundry Room
  • Exterior Washer Dryer Hookup

Pool

  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Boat Lift
  • Boat Slip
  • Docks
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Built-In Barbecue

Schools

  • Destin Elementary And Middle School
  • Fort Walton Beach High School

Utilities

  • Multiple cooling system units
  • Central Air
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0515-0000-0160

Community Details

Overview

  • Association fees include recreational faclty, security
  • Regatta Bay Ph 1 Subdivision
  • The community has rules related to covenants

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Recreation Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Fishing

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,124

Year Built

Built in 2017

Lot Details

0

HOA Fees

$235 per month

Parking

4

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.55
  • Lot Size: 101.68 x 211.98 x 108.88 x 201.96
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: REGATTA BAY PH 1
  • Directions: As you enter the gate of Regatta Bay, just stay on Regatta Bay Blvd., until it turns into Commodore Point Rd., go left onto Captain's Circle, then Fairwind Ct. will be on your left.
  • Architectural Style: Contemporary
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2017
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Appliances Microwave: Yes
  • Waterfront:Bay: Yes
  • Waterview:Bay2: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Bonus Room: Yes
  • Rooms:Dining Area: Yes
  • Energy:AC - 2 or More: Yes
  • Rooms:Great Room: Yes
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Ice Machine, Microwave, Oven Self Cleaning, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Built-In Bookcases, Ceiling Beamed, Ceiling Crwn Molding, Ceiling Raised, Ceiling Vaulted, Fireplace, Floor Hardwood, Floor Tile, Kitchen Island, Lighting Recessed, Newly Painted, Owner's Closet, Pantry, Shelving, Washer/Dryer Hookup, Wet Bar, Window Treatment All
  • 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:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Ceiling Vaulted: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Newly Painted: Yes
  • Mstr BdrmMstr Bath:MBath Dressing Area: Yes
  • Interior:Shelving: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Wet Bar: Yes
  • Interior:Fireplace: Yes
  • Interior:Ceiling Beamed: Yes

Exterior Features

  • Lot Features: Covenants, Cul-De-Sac, Restrictions, Sidewalk, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Bay
  • Waterfront Features: Bay
  • Waterfront: Yes
  • Construction Type: Frame, Stucco
  • Exterior Features: Balcony, BBQ Pit/Grill, Boat Slip, Boatlift, Deck Open, Dock, Fenced Lot-Part, Patio Covered, Patio Open, Pool - Heated, Pool - In-Ground, Porch, Shower, Summer Kitchen
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Exterior:Fenced Lot-Part: Yes
  • Exterior:Porch: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • Exterior:Patio Open: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Deck Open: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Shower: Yes
  • Exterior:Pool - In-Ground: Yes
  • Lot Features:Sidewalk: Yes
  • Exterior:BBQ PitGrill: Yes
  • Exterior:Boat Slip: Yes
  • Exterior:Boatlift: Yes
  • Exterior:Dock: Yes
  • Exterior:Summer Kitchen: Yes

Garage/Parking

  • Garage Spaces: 4.0
  • General Property Info:Garage2: Yes
  • Appliances:Auto Garage Door Opn: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Utilities: Electric, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Community Room, Fishing, Gated Community, Golf, Picnic Area, Pool, Tennis, Waterfront
  • Association #2 Fee: 704.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Recreational Faclty, Security

Schools

  • Elementary School: Destin
  • High School: Fort Walton Beach
  • Middle Or Junior School: Destin

Lot Info

  • Lot Size Sq Ft: 23958.0
  • Parcel #: 00-2S-22-0515-0000-0160
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 22124.48
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2022
Sold by
Kelley Cassell Grim Revocable Living Tru
Bought by
Grim Kelley Cassell
Current Estimated Value
$5,880,556

Purchase Details

Listed on
Jan 22, 2021
Closed on
Mar 30, 2021
Sold by
Spangler James C and Spangler Trina R
Bought by
Grim Kelley Cassell and Kelley Cassell Grim
Seller's Agent
Spears Group
Scenic Sotheby's International Realty
Buyer's Agent
Spears Group
Scenic Sotheby's International Realty
List Price
$4,999,000
Sold Price
$4,999,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.62%

Purchase Details

Closed on
Dec 11, 2015
Sold by
Sams D R and Sams Beverly
Bought by
Spangler James C and Spangler Trina R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Interest Rate
3.83%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 1, 2011
Sold by
Bos Teresa D
Bought by
Legendary Holding Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2010
Sold by
Jdk Properties
Bought by
Sams D R and Sams Beverly

Purchase Details

Closed on
Sep 15, 2008
Sold by
Bos Peter H and Bos Teresa D
Bought by
Bos Teresa D

Purchase Details

Closed on
Mar 14, 2008
Sold by
Becker Larry P and Becker Donna Gail
Bought by
Jdk Properties

Purchase Details

Closed on
Jan 1, 2008
Sold by
Bos Peter H
Bought by
Bos Peter H and Bos Teresa D

Purchase Details

Closed on
Nov 3, 2003
Sold by
Becker Larry P and Becker Donna G
Bought by
Bos Peter H

Purchase Details

Closed on
Dec 5, 2001
Sold by
Jones James A
Bought by
Becker Larry P and Becker Donna Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.6%

Purchase Details

Closed on
Jan 27, 2000
Sold by
Kelly Colleen and Erhart Robert C
Bought by
Jones James A
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Grim Kelley Cassell $100 --
Grim Kelley Cassell $100 None Listed On Document
Grim Kelley Cassell $4,999,000 Aqua Title Services
Spangler James C $770,000 Mcneese Title Llc
Legendary Holding Inc $700,000 Attorney
Sams D R $700,000 Mcneese Title Llc
Bos Teresa D -- Attorney
Jdk Properties $2,400,000 Attorney
Bos Peter H -- Attorney
Bos Peter H -- --
Becker Larry P $1,150,000 Destin Land & Title Inc
Jones James A $494,900 Advance Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spangler James C $616,000
Previous Owner Legendary Holding Inc $200,000
Previous Owner Becker Larry P $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2021 03/30/21 Sold $4,999,000 0.0% $872 / Sq Ft
03/07/2021 03/07/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $4,999,000 -- $872 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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
2024 $47,318 $4,568,572 $1,214,415 $3,354,157
2023 $47,318 $4,488,372 $1,214,415 $3,273,957
2022 $40,865 $3,806,766 $1,051,441 $2,755,325
2021 $31,329 $3,376,197 $759,389 $2,616,808
2020 $22,221 $1,984,768 $725,040 $1,259,728
2019 $22,124 $1,946,121 $686,230 $1,259,891
2018 $21,552 $1,870,073 $0 $0
2017 $7,613 $653,234 $0 $0
2016 $6,665 $570,969 $0 $0
2015 $6,489 $538,650 $0 $0
2014 $6,593 $540,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 863085

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0515-0000-0160