3730 Preserve Bay Boulevard, Panama City, FL 32408
Local realty services provided by:Better Homes and Gardens Real Estate Historic
3730 Preserve Bay Boulevard,Panama City, FL 32408
$8,475,000
- 5 Beds
- 10 Baths
- 9,473 sq. ft.
- Single family
- Active
Listed by: amin delawalla
Office: christies international real estate emerald coast
MLS#:786845
Source:FL_BCMLS
Price summary
- Price:$8,475,000
- Price per sq. ft.:$894.65
- Monthly HOA dues:$108.5
About this home
Perched on 380 feet of pristine West Bay waterfront along the Northwest Florida Gulf Coast, Villa Chimera is the most extraordinary luxury estate in Panama City Beach. Spanning 9,473 sq. ft. across three expansive lots, this 5BR/6BA/4HB masterpiece was authentically modeled after an Italian Venetian Palazzo -- designed by architect Philip Spann from hand-sketched owner drawings inspired by Renaissance master Andrea Palladio. Every finish was sourced from Italy or crafted by world-renowned artisans: a hand-carved Italian marble fountain, cushion-cut marble walls, Venetian silk upholstery, a Rome-crafted stone dining table, and a Renaissance fresco ceiling hand-painted by artist Jody Matokovich. This is not simply a Gulf Coast luxury home -- it is a one-of-a-kind legacy estate.
The soaring foyer commands immediate attention with its grand Schonbek crystal chandelier, custom compass rose marble floor inlay, and solid stone staircase with marble balusters. The great room overlooking West Bay features a marble fireplace, limestone accents, and walls upholstered in Bevilacqua silk -- made in Venice and renowned worldwide. A media room with a theater-size projection screen and theatrical lighting flows seamlessly from the living space.
The gourmet kitchen features Wolf and Sub-Zero appliances, a breakfast bar, separate bar area, and a fully equipped butler's pantry for effortless large-scale entertaining. All cabinetry was custom-designed by Design Galleria of Atlanta. The dining room centers around a custom stone table crafted in Rome outside the Vatican walls, beneath Venetian watermark plasterwork evoking centuries of Palazzo history.
The second-level master suite is a private sanctuary with bay views, a columned balcony, and a hand-painted Renaissance fresco vault ceiling. Separate his-and-hers bathrooms each feature heated floors and double showers with body jets. A detached guest house -- connected by covered walkway -- includes a full kitchen, sitting area, private veranda, and full bath.
Smart home living is delivered via a full Crestron system controlling all lighting, media, and security. Additional highlights: Kohler 100KW whole-house generator, all-copper plumbing, 4-car garage with wheelchair lift, whole-house central vacuum, monitored security cameras, LED lighting throughout, and all windows and exterior doors replaced post-Hurricane Michael. A rare and irreplaceable Florida Gulf Coast waterfront estate -- schedule your private showing today....
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Home facts
- Year built:2007
- Subdivision & Development:Preserve On The Bay Ph I
- Listing ID #:786845
- Added:624 day(s) ago
- Updated:August 26, 2026 at 02:24 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:10
- Full bathrooms:6
- Half bathrooms:4
- Rooms Total:20
- Dining Description:Coffered ceilings, EntranceFoyer, Fireplace
- Bathrooms Description:CofferedCeilings, Fireplace, Sauna
- Kitchen Description:Bar Fridge, Gas Range, Ice Maker, Wine Cooler
- Bedroom Description:CofferedCeilings, Fireplace, Sauna
- Living area:9,473 sq. ft.
Heating and cooling
- Cooling:CeilingFans, CentralAir
- Central air:Yes
Structure and exterior
- Year built:2007
- Building area:9,473 sq. ft.
- Lot area:3 Acres
- Lot Features:Cul de sac
- Architectural Style:Spanish Mediterranean
- Exterior Features:Balcony, Patio
- Levels:2 Story
Schools
- High school:Arnold
- Middle school:Surfside
- Elementary school:Patronis
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$8,475,000
- Price per sq. ft.:$894.65
- Tax amount:$46,896 (2025)
Features and amenities
- Amenities:BarFridge, EntranceFoyer, GasRange, Gated, GatedCommunity, IceMaker, SecurityFence, SecurityGate, SecurityGuard, SecurityLights, SecurityService, WineCooler
- Pool features:Gas Heat, InGround, Private
- Smart home:Yes
Parking
- Parking description:Additional Parking, Circular Driveway, Electric Gate, Gated, Paved
- Garage:Yes
- Garage spaces:4
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