4518 Olde Plantation Place, Destin, FL 32541

$6,995,000

Finely appointed and beautifully remodeled with professional design by Duce & Co, this prestigious estate is located within the gates of Kelly Plantation and is the epitome of luxury living; the ultimate playground for water enthusiasts situated on 145 feet of majestic western facing bayou vistas featuring a newly built… Read More 80' state of the art deep water boat slip. Thoughtfully reimagined by Duce & Co, this regal residence boasts brilliant design details, an expansive open floor plan, and a custom-tailored dock featuring an 80-foot deep water boat slip with additional pontoon slip, as well as jet ski slips. With 145 feet of bayou frontage on wide, deep water, this home offers unparalleled access to Destin's vibrant waterways and the luckiest fishing village on earth! This rare opportunity combines elegance and functionality, situated on a lot graced with mature live oaks and magnolias, and newly installed tropical modern landscaping that accentuates its impressive architectural facade. From the moment of arrival, the stunning brick paver circular drive and porte-cochère set a tone of sophistication, leading to custom designed solid wood entry doors that open into a grand foyer with double height ceiling. Inside, the home's refined craftsmanship is immediately apparent, with soaring 23-foot ceilings in the living room, a dramatic newly minted solid marble fireplace, and an adjoining formal dining room perfect for hosting guests. The wood clad study/library exudes timeless charm with custom-built shelving. The luxurious primary wing is a private retreat, featuring a spacious waterfront bedroom, two large walk-in closets, and a spa-inspired bath complete with a soaking tub, a large double vanity, a private water closet, and a walk-in shower. The heart of the home unfolds in the open concept living area, where a large casual dining space flows into the fully renovated chef's kitchen. The kitchen dazzles with custom cabinetry, gleaming stone countertops, an expansive breakfast bar, a walk-in pantry, and premium Viking appliances, including a gas cooktop and double dishwashers anchored in the oversized center island. Adjacent is the leisure room, where sliding glass pocket doors open at a 45-degree angle to seamlessly connect indoor and outdoor living. Designed for entertaining and family living, the property includes two ensuite guest rooms on the main level, a generously sized laundry center, and a second-floor media room, complete with a 100 + big screen television and finely appointed luxury recliners. Upstairs, there are two additional ensuite bedrooms and a 12.5' x 29' heated and cooled storage room as well as a glass railed balcony for soaking in the bayou vistas at sunset. Throughout the home, exquisite touches abound, from deep crown molding and custom floors to designer lighting and thoughtful lighting detail & finishes, reflecting unparalleled attention to craft. The outdoor living area is a private oasis, featuring a newly built summer kitchen, a massive resort style pool with a tranquil water feature, and a private dock equipped with boat slips and watercraft lifts. Designed to accommodate a large 80' vessel, the dock provides seamless access to the open bay just three lots away, making it a short ride to Crab Island, Destin Harbor, and the Gulf of Mexico. For peace of mind, the property includes a generator access. Fully renovated, this home is a true masterpiece offering waterfront living at its finest. If you're seeking an unparalleled combination of elegance, functionality, and access to world-class boating, golfing, white sand beaches as well as the world class restaurants and shopping nearby, this Kelly Plantation residence is your ultimate destination. Reach out to us today for more information. Read Less

Courtesy of Spears Group, Compass.

Listing Snapshot

Days Online

177

Last Updated

May 14, 2025

Beds

Square Ft.

7,027

Lot Size

0.82 Acres

Year Built

2007

MLS Number

963262

30 Days Snapshot Of 32541

$619k

+10%

(avg) sold price

+26%

homes sold

143

-4%

(avg) days on market

Snapshot

Area Map

Additional Details

Property Access

Road frontage: "Private Road", Road surface: "Paved"

Building

Architectural style: "Mediterranean", Total area: 7,027, Built in 2007

Cooling

"Ceiling Fans"

Exterior Features

"Balcony", "BBQ Pit/Grill", "Boat Slip", "Columns", "Dock", "Fenced Back Yard", "Summer Kitchen"

Garage

3 spaces

Interior Features

"Breakfast Bar", "Ceiling Cathedral", "Ceiling Crwn Molding", "Ceiling Raised", "Ceiling Tray/Cofferd", "Kitchen Island", "Lighting Recessed"

Lot

0.82 acres, 35,719 square feet, Area: 1, "Bulkhead/Seawall", "Covenants", "Restrictions", "Sidewalk", "Within 1/2 Mile to Water"

Property

View: "Bayou", "Bay", "Bayou"

Taxes

Annual amount: $39,800

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