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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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1242 Emerald Bay Dr , Destin, FL 32541
$2,149,900
Est. Payment: $11,877.89/mo
3 Bed
4 Bath
2759 Sqft
0.62 Acres
Status: Active | Days on site: 3
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Harrison Lilly Team
Owner/Operator

House Description

Exceptional Bayfront living in the heart of Destin! Set on .62-acre w/113 ft of waterfront, this gorgeous 3 BR + Office Home offers space, privacy, sweeping Bay views & an outstanding Emerald Bay location--all at a compelling price! Waterfront here isn't just the view--it's the lifestyle. Start your mornings w/coffee overlooking the bay, spend afternoons poolside watching boats pass by & end the day w/cocktails as the sky changes color over the bay. Inside, walls of glass spanning the back of the home, bring the Bay into every main living space & fill the interior w/natural light. The open floor plan offers 2 spacious living areas, elec fireplace, formal dining & casual dining off the kitchen. In both living areas, sliding glass doors disappear into the walls, opening the home to the screened pool, spa & waterfront beyond, creating an exceptional indoor/outdoor setting for entertaining. Taking center stage is the stunning, newer kitchen w/an oversized island, quartzite counters, SS appliances including Z-line GAS stove w/6 burners/griddle & double oven, wine cooler & dramatic floor-to-ceiling custom cabinetry! Whether hosting a houseful of friends or enjoying a quiet evening overlooking the bay, this is a kitchen designed to be the heart of the home. The split-BR floor plan provides excellent privacy. The spacious Bayfront primary suite allows you to wake to Bay views & features 2 walk-in closets & a generous bath w/2 sinks, soaking tub & separate walk-in shower. Two add' bedrooms are located on the other side of the home each with its own adjoining half bath and access to a newly remodeled shared shower. A separate office and additional half bath add flexibility for working from home or accommodating guests. Other features include newer LVP flooring throughout the majority of the home, NEW high impact gorgeous glass paneled front doors, NEW fireplace and sprinkler system with new irrigation pump. Outside, is where this property truly comes to life. The screen-enclosed in-ground pool and spa create a private Bayfront retreat with plenty of room for entertaining, lounging and enjoying Florida's year-round outdoor lifestyle. Beyond the pool, the expansive backyard leads to 113 ft of Bayfront shoreline--imagine stepping outside for an evening by the water and/or adding a dock and having your boat waiting just beyond your backyard. Beyond its beautiful setting and thoughtful floor plan, the home offers important updates for added peace of mind, including HVAC systems replaced in 2023 and 2025, a 2021 gas water heater, added insulation and newer glass throughout the windows. Solar panels provide an additional advantage, with the current owner reporting a fixed electric payment of approximately $185 per month--representing significant annual electrical savings! The home also benefits from comprehensive Sentricon termite protection by Florida Pest Control with the perimeter professionally trenched & foundation areas drilled & treated, another valuable layer of protection & peace of mind for the next owner. Combined with the beautifully renovated kitchen, remodeled 2nd bathroom with shared custom shower, newer LVP flooring and new high impact custom front doors, many of the home's significant improvements have already been completed. Located within the sought-after gated community of Emerald Bay, residents enjoy a beautiful golf-course setting with a low HOA. Shopping, dining, schools and everything Destin has to offer are just minutes away. Bayfront mornings. Poolside afternoons. Sunset evenings. 113 feet of waterfront on more than half an acre--right in the heart of Destin. This is more than a home; it's the Destin lifestyle and an opportunity that won't last long.

Highlights

Listed by Karen K Martineau , 850-499-6930 RE/MAX Coastal Properties , 850-837-9900. Emerald Coast Multiple Listing Services

Property Type

Residential

Lot/Acreage
0.62

HOA Fee

Year Built

1996

County

Okaloosa

Area

14 - Destin

Neighborhood

Emerald Bay West

Listing ID

1013268

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:2
  • ▪ 1/2 Bathrooms:2
Appliances:Auto Garage Door Opn, Dishwasher, Disposal, Intercom, Microwave, Oven Double, Range Hood, Refrigerator W/IceMk, Security System, Smoke Detector, Stove/Oven Gas, Water Heater - Gas
Air Cond:Ceiling Fans,Central Air
Fireplaces:Fireplace Gas
Floor:Floor Tile,Floor Vinyl,Floor WW Carpet
Other:
  • ▪ Additional:Breakfast Bar, Ceiling Raised, Ceiling Vaulted, Kitchen Island, Lighting Recessed, Shelving, Split Bedroom, Washer/Dryer Hookup, Woodwork Painted

Exterior Features

Lot:Bulkhead/Seawall,Covenants,Dead End,Level,Within 1/2 Mile to Water,Wooded,Bay
Lot Dimensions:113X250
Zoning:Resid Single Family
Others:
  • ▪ Additional:Hot Tub, Hurricane Shutters, Lawn Pump, Sprinkler System, Patio Covered, Patio Open, Porch Screened, Fenced Lot-Part
Sewer:Public Sewer
Parking Features:Boat,Guest
Principal Interest
$11,878
Taxes
$1,371
HOA
$0

Home Price

$2,149,900

Loan Details

30 yrs
7.374%

Down Payment

20%
$429,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$11,877.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $11,877.89 $1,370.56 $0.00 $13,248.45
Yearly $142,534.65 $16,446.74 $0.00 $158,981.39
Total $4,276,039.62 $493,402.05 $0.00 $4,769,441.67

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Destin, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Emerald Coast Multiple Listing Services, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T02:54:18.000Z

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