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Harrison Lilly

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

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4505 Sawgrass Way , Destin, FL 32541
$2,425,000
Est. Payment: $12,299.14/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 105
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

Rare Bay front homesite in Kelly Plantation - A Once-in-a-Lifetime Opportunity! We are proud to present one of the last remaining Bay front homesites from the original Kelly Plantation master plan--located within one of Destin's most prestigious gated golf and tennis communities. This is the one of the last available waterfront lots ideally positioned on a quiet cul-de-sac along Sawgrass Way and surrounded by beautifully crafted luxury homes. This exceptional property offers breathtaking, unobstructed views of the Choctawhatchee Bay without interference from the Mid-Bay Bridge. It provides the perfect canvas to design and build your custom dream home, tailored entirely to your vision and lifestyle. With 102 feet of direct Bay frontage, the homesite can accommodate a substantial estate residence in the range of 4,000 to 6,500 square feet (subject to HOA guidelines). A new vinyl seawall, that is currently being completed by a licensed marine contractor at a cost of approximately $50,000, further enhances the property's value and readiness for development. Kelly Plantation is renowned for its lush landscaping, natural beauty, and world-class amenities, including: * A neoclassical-style clubhouse * A 18-hole championship golf course * Resort-style swimming pool and fitness center * Five tennis courts * Four pickle ball courts * Scenic walking and biking trails, parks, and bay front boardwalks Residents enjoy 24-hour gated security and a serene, nature-rich environment, all while being conveniently located in the heart of Destin. The community offers direct access to the bay, perfect for boating, kayaking, fishing, and dolphin watching. Just across Highway 98, you'll find Destin's famous emerald-green waters and white sandy beaches,along with premier shopping, dining and entertainment at nearby Destin Commons. The airport is also just a short drive away, making travel effortless. Opportunities like this are exceptionally rare. Secure your place in one of Destin's most sought-after communities and create a legacy waterfront home that will be treasured for generations.

Highlights

Listed by Mary A Stephens , 850-974-2709 and Greg Bahr , 850-960-5489 The Mary Stephens Team , 850-974-2709. Emerald Coast Multiple Listing Services

Property Type

Vacant Land

Lot/Acreage
0.48

HOA Fee

County

Okaloosa

Area

14 - Destin

Neighborhood

KELLY PLANTATION S/D PH 2 , Lot 3 Blk J

Listing ID

998586

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:Bulkhead/Seawall,Coastal Setback,Covenants,Cul-De-Sac,Flood Insurance Req,Interior,Level,Restrictions,Survey Available,Within 1/2 Mile to Water,Wooded,Bay,Shore - Seawall
Lot Dimensions:102.04'' Bay front x 185.11' x 199.19' x 103.55''
Zoning:Deed Restrictions, Resid Single Family
Sewer:Public Sewer
Principal Interest
$12,299
Taxes
$836
HOA
$0

Home Price

$2,425,000

Loan Details

30 yrs
6.529%

Down Payment

20%
$485,000
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:
$12,299.14

Principal

Taxes

Principal Taxes HOA Total
Monthly $12,299.14 $835.65 $0.00 $13,134.80
Yearly $147,589.71 $10,027.85 $0.00 $157,617.56
Total $4,427,691.28 $300,835.50 $0.00 $4,728,526.78

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

5.93%

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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: 2026-08-20T06:32:47.000Z

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