
489 Regatta Bay Blvd Destin, FL 32541
Estimated payment $13,812/month
Highlights
- Marina
- Lake Front
- On Golf Course
- Destin Elementary School Rated A-
- Boat Dock
- Upgraded Media Wing
About This Home
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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,721
Year Built
- Built in 2016
Lot Details
- 0.32 Acre Lot
- Lot Dimensions are 90.49 x 155.52 x 90.15 x 151.79
- Lake Front
- Property fronts a private road
- Coastal Barrier Zone
- On Golf Course
- Sprinkler System
HOA Fees
- $325 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Automatic Garage Door Opener
Home Design
- Traditional Architecture
- Slab Foundation
- Frame Construction
- Floor Insulation
- Slate Roof
- Brick Front
- Stucco
Interior Spaces
- 3,982 Sq Ft Home
- 2-Story Property
- Wet Bar
- Shelving
- Woodwork
- Crown Molding
- Beamed Ceilings
- Vaulted Ceiling
- Ceiling Fan
- Recessed Lighting
- Fireplace
- Double Pane Windows
- Insulated Doors
- Living Room
- Upgraded Media Wing
- Bonus Room
- Screened Porch
- Lake Views
- Exterior Washer Dryer Hookup
Kitchen
- Walk-In Pantry
- Gas Oven or Range
- Self-Cleaning Oven
- Range Hood
- Microwave
- Ice Maker
- Dishwasher
- Wine Refrigerator
- Kitchen Island
- Disposal
Flooring
- Wood
- Painted or Stained Flooring
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Dual Vanity Sinks in Primary Bathroom
- Separate Shower in Primary Bathroom
- Garden Bath
Home Security
- Storm Windows
- Storm Doors
- Fire and Smoke Detector
Eco-Friendly Details
- Energy-Efficient Doors
Pool
- In Ground Pool
- Spa
- Gunite Pool
Outdoor Features
- Outdoor Kitchen
- Built-In Barbecue
- Rain Gutters
Schools
- Destin Elementary And Middle School
- Fort Walton Beach High School
Utilities
- High Efficiency Air Conditioning
- Central Heating
- Underground Utilities
- Tankless Water Heater
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 00-2S-22-2092-0000-0610
Community Details
Overview
- Association fees include ground keeping, land recreation, management, master, recreational faclty, security
- Regatta Bay Subdivision
- The community has rules related to covenants
Amenities
- Picnic Area
- Game Room
- Recreation Room
Recreation
- Boat Dock
- Community Boat Launch
- Marina
- Golf Course Community
- Tennis Courts
- Community Playground
- Community Pool
- Fishing
Security
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
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 | $14,285 | $1,426,721 | $270,019 | $1,156,702 |
2023 | $14,285 | $1,438,172 | $252,353 | $1,185,819 |
2022 | $12,835 | $1,255,826 | $218,488 | $1,037,338 |
2021 | $11,410 | $1,027,742 | $157,800 | $869,942 |
2020 | $10,767 | $961,693 | $150,285 | $811,408 |
2019 | $11,301 | $994,072 | $150,285 | $843,787 |
2018 | $11,153 | $967,734 | $0 | $0 |
2017 | $10,578 | $900,020 | $0 | $0 |
2016 | $1,377 | $118,000 | $0 | $0 |
2015 | $1,146 | $95,161 | $0 | $0 |
2014 | -- | $95,400 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/22/2025 07/22/25 | Price Changed | $2,250,000 | -9.6% | $565 / Sq Ft |
06/30/2025 06/30/25 | Price Changed | $2,488,750 | -4.2% | $625 / Sq Ft |
06/10/2025 06/10/25 | Price Changed | $2,597,000 | -2.0% | $652 / Sq Ft |
05/19/2025 05/19/25 | For Sale | $2,649,000 | +89.2% | $665 / Sq Ft |
05/28/2020 05/28/20 | Sold | $1,400,000 | 0.0% | $344 / Sq Ft |
05/12/2020 05/12/20 | Pending | -- | -- | -- |
02/28/2020 02/28/20 | For Sale | $1,400,000 | +5.7% | $344 / Sq Ft |
05/23/2018 05/23/18 | Sold | $1,325,000 | 0.0% | $325 / Sq Ft |
03/19/2018 03/19/18 | Pending | -- | -- | -- |
11/13/2017 11/13/17 | For Sale | $1,325,000 | +6.0% | $325 / Sq Ft |
11/15/2016 11/15/16 | Sold | $1,250,000 | 0.0% | $314 / Sq Ft |
09/04/2016 09/04/16 | Pending | -- | -- | -- |
06/23/2016 06/23/16 | For Sale | $1,250,000 | +6.8% | $314 / Sq Ft |
03/30/2016 03/30/16 | Sold | $1,170,111 | 0.0% | $294 / Sq Ft |
01/13/2016 01/13/16 | Pending | -- | -- | -- |
07/02/2015 07/02/15 | For Sale | $1,170,111 | -- | $294 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | Priority Natl Ttl Svcs Inc | |
Warranty Deed | $1,400,000 | Provident Title | |
Warranty Deed | $1,325,000 | Mead Law & Title | |
Warranty Deed | $1,250,000 | Mcneese Title Llc | |
Warranty Deed | $1,170,200 | None Available | |
Warranty Deed | $224,000 | None Available | |
Special Warranty Deed | $305,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $500,000 | Credit Line Revolving | |
Closed | $510,400 | New Conventional | |
Previous Owner | $993,750 | Commercial | |
Previous Owner | $999,999 | New Conventional | |
Previous Owner | $1,111,606 | Adjustable Rate Mortgage/ARM | |
Previous Owner | $531,000 | Commercial |
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Source: Emerald Coast Association of REALTORS®
MLS Number: 976567

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