4505 Sawgrass Way, Destin, FL 32541
Local realty services provided by:Better Homes and Gardens Real Estate Emerald Coast
4505 Sawgrass Way,Destin, FL 32541
$2,425,000
- 0.48 Acres
- Lots / Land
- Active
Listed by: mary a stephens, greg bahr
Office: the mary stephens team
MLS#:998586
Source:FL_ECAR
Price summary
- Price:$2,425,000
About this home
Rare Bay front Home site in Kelly Plantation - A Once-in-a-Lifetime Opportunity
We are proud to present one of the last remaining Bay front home sites 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 lot, 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 from both the main living areas and future primary suite--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.
Spanning approximately 0.48 acre and 102 feet of direct Bay frontage, the home site 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
An 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....
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Home facts
- Listing ID #:998586
- Added:1 day(s) ago
- Updated:March 24, 2026 at 04:40 PM
Structure and exterior
- Lot area:0.48 Acres
- Lot Features:Covenants, Cul-De-Sac, Interior, Level, Restrictions, Wooded
Schools
- High school:Destin
- Middle school:Destin
- Elementary school:Destin
Utilities
- Water:Public Water
- Sewer:Sewer Available
Finances and disclosures
- Price:$2,425,000
- Tax amount:$10,028 (2025)
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