$1,495,000

Some properties are built. Others are discovered. Hidden beneath the sweeping canopy of century-old live oaks where sunlight filters through draping branches and water views peek through the trees, this extraordinary 1.34-acre waterfront estate offers an experience that feels increasingly impossible to find along the Emerald Coast. Spanning nearly 6,000 square… Read More feet across three levels, this impressive brick residence combines scale, flexibility, and waterfront living in a way few properties can. Offering five bedrooms, four-and-a-half bathrooms, elevator access to all levels, hardwood flooring throughout, and private en-suites for every bedroom, this home was designed for buyers who need more than space--they need options. The thoughtful floor plan creates exceptional opportunities for multi-generational living, large households, guest accommodations, or those seeking a property capable of adapting alongside changing needs. Whether housing multiple generations under one roof or creating separate spaces for long-term guests, the layout provides both connection and privacy. At the center of the home, the gourmet kitchen opens into expansive gathering spaces designed for entertaining on every scale. Multiple screened porches create natural extensions of the living spaces, offering peaceful mornings beneath the oaks, sunset dinners overlooking the water, and spaces large enough to host celebrations, holidays, and unforgettable gatherings. The second level creates one of the home's most remarkable living spaces with walls of windows stretching across the home, flooding interiors with natural light while showcasing stunning basin bayou views that shift beautifully throughout the day. Storage, recreation, and flexibility were clearly part of the vision behind this property. The third floor is finished and a blank canvas that could be used for 2000 sqft of storage or creative options that fit your vision. Two oversized drive-through bay garages create extraordinary opportunities for RV storage, boats, workshops, recreational vehicles, watercraft, or collections that require more than traditional garage space can offer. Outside, the possibilities expand even further. Launch a kayak or paddleboard directly from your property and explore the waterways leading toward the bay. Spend the day fishing in the lake or head toward the bay by way of the low bridge near the locals' favorite, Nick's Seafood Restaurant. Bring the boat, the RV, the jet skis, and all the water toys because this property offers one luxury that has become increasingly rare--freedom. No HOA. No restrictive covenants. Located along Highway 20 with convenient access to Destin, marinas, dining, shopping, and the white sand beaches of the Emerald Coast, this property offers the rare combination of waterfront privacy while remaining connected to everything that makes coastal living desirable. Luxury homes exist, Waterfront homes exist, Large homes exist. However, properties that combine all three with acreage, unrestricted use, multi-generational functionality, income potential, and a setting this remarkable are extraordinarily uncommon. There is simply not another property like this. Waterfront living without compromise. Unlimited potential with room to create whatever comes next. Call for your private tour today. Read Less

Courtesy of Beverly J Buck, Coldwell Banker Realty.

Listing Snapshot

Days Online

125

Last Updated

Sep 14, 2026

Property Type

Detached Single Family

Beds

Full Baths

Partial Baths

Lot Size

1.34 Acres

Year Built

2007

MLS Number

1004433

Additional Details

Property Access

Frontage Type: County Road, Road Surface: Paved

Appliances & Equipment

Auto Garage Door Opn, Dryer, Range Hood, Refrigerator, Smoke Detector, Stove/Oven Gas, Washer, Water Heater - Elect

Building

Built in 2007, Construction Materials: Brick, Trim Vinyl

Community

Short Term Rental - Allowed, Dock, Fishing, Pets Allowed, Waterfront

Cooling

Ceiling Fans, Central Air

Exterior Features

Patio/Porch Features: Deck Covered, Deck Enclosed, Porch Screened, Rain Gutter, Dock, Lawn Pump

Floors

Floor Hardwood, Floor Tile

Foundation

Foundation On Piling, Slab

Garage

4 spaces

Heating

Central

Interior Features

Built-In Bookcases, Elevator, Fireplace, Lock Out, Pantry, Shelving, Split Bedroom, Washer/Dryer Hookup, Woodwork Stained

Lot

1.34 acres, Dimensions: 404x150x384x97, Cleared, Flood Insurance Req, Interior, Level, Survey Available, Wooded

Parking

14 total parking spaces, Garage, Boat, Guest, Oversized, RV

Property

Construction Complete, Bayou, Bay

Sewer

Septic Tank

Taxes

Parcel Number: 21-1S-20-32000-020-0010, Legal Description: COMNE/CSEC21, S00 DEG42'53''WONELNSEC 21 1192,93 FtTOAPTOFAWITHCENTERLINEOFSTREETRD20, Zoning: County, Resid Single Family, Unrestricted

Utilities

Electric, Gas - Natural, Underground, Water Source: Well

Water Features

Bayou

Windows

Window Treatment All

Find The Perfect Home

'VIP' Listing Search

Whenever a listing hits the market that matches your criteria you will be immediately notified.

Join The List

Mortgage Calculator

Selling price

Down payment

Term (years)

Interest rate (%)

Monthly Payment

7348 W ST HWY 20

'VIP' Listing Search

Schools In The Area

Similar Listings

Find My Dream Home

1. Neighborhoods

2. Home Type

3. Send