Finely appointed and beautifully remodeled with professional design by Duce & Co, this prestigious estate is located within the gates of Kelly Plantation and is the epitome of luxury living; the ultimate playground for water enthusiasts situated on 145 feet of majestic western facing bayou vistas featuring a newly built 80' state of the art deep water boat slip. Thoughtfully reimagined by Duce & Co, this regal residence boasts brilliant design details, an expansive open floor plan, and a custom-tailored dock featuring an 80-foot deep water boat slip with additional pontoon slip, as well as jet ski slips. With 145 feet of bayou frontage on wide, deep water, this home offers unparalleled access to Destin's vibrant waterways and the luckiest fishing village on earth! This rare opportunity combines elegance and functionality, situated on a lot graced with mature live oaks and magnolias, and newly installed tropical modern landscaping that accentuates its impressive architectural facade. From the moment of arrival, the stunning brick paver circular drive and porte-cochère set a tone of sophistication, leading to custom designed solid wood entry doors that open into a grand foyer with double height ceiling. Inside, the home's refined craftsmanship is immediately apparent, with soaring 23-foot ceilings in the living room, a dramatic newly minted solid marble fireplace, and an adjoining formal dining room perfect for hosting guests. The wood clad study/library exudes timeless charm with custom-built shelving.
The luxurious primary wing is a private retreat, featuring a spacious waterfront bedroom, two large walk-in closets, and a spa-inspired bath complete with a soaking tub, a large double vanity, a private water closet, and a walk-in shower. The heart of the home unfolds in the open concept living area, where a large casual dining space flows into the fully renovated chef's kitchen. The kitchen dazzles with custom cabinetry, gleaming stone countertops, an expansive breakfast bar, a walk-in pantry, and premium Viking appliances, including a gas cooktop and double dishwashers anchored in the oversized center island. Adjacent is the leisure room, where sliding glass pocket doors open at a 45-degree angle to seamlessly connect indoor and outdoor living.
Designed for entertaining and family living, the property includes two ensuite guest rooms on the main level, a generously sized laundry center, and a second-floor media room, complete with a 100" + big screen television and finely appointed luxury recliners. Upstairs, there are two additional ensuite bedrooms and a 12.5' x 29' heated and cooled storage room as well as a glass railed balcony for soaking in the bayou vistas at sunset. Throughout the home, exquisite touches abound, from deep crown molding and custom floors to designer lighting and thoughtful lighting detail & finishes, reflecting unparalleled attention to craft.
The outdoor living area is a private oasis, featuring a newly built summer kitchen, a massive resort style pool with a tranquil water feature, and a private dock equipped with boat slips and watercraft lifts. Designed to accommodate a large 80' vessel, the dock provides seamless access to the open bay just three lots away, making it a short ride to Crab Island, Destin Harbor, and the Gulf of Mexico.
For peace of mind, the property includes a generator access. Fully renovated, this home is a true masterpiece offering waterfront living at its finest.
If you're seeking an unparalleled combination of elegance, functionality, and access to world-class boating, golfing, white sand beaches as well as the world class restaurants and shopping nearby, this Kelly Plantation residence is your ultimate destination.
Reach out to us today for more information.
Sold for $5,500,000 on 07/10/25
$5,500,000
4518 Olde Plantation Pl, Destin, FL 32541
5beds
7,027sqft
Single Family Residence
Built in 2007
0.82 Acres Lot
$5,482,800 Zestimate®
$783/sqft
$8,863 Estimated rent
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What's special
Zillow last checked: 7 hours ago
Listing updated: July 10, 2025 at 06:42am
Listed by:
Spears Group 850-710-2114,
Compass
Bought with:
Dustin L Cornwell, 3470752
Dream Destin Realty PLLC
Source: ECAOR,MLS#: 978618
Originating MLS: Emerald Coast

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Primary bedroom
- Features: MBed First Floor, MBed Waterfront
- Level: First
Primary bathroom
- Features: Double Vanity, Soaking Tub, MBath Separate Shwr, MBath Tile
Kitchen
- Level: First
Living room
- Level: First
Cooling
- AC - High Efficiency, Ceiling Fan(s)
Appliances
- Included: Dryer, Microwave, Refrigerator, Refrigerator W/IceMk, Gas Range, Washer
- Laundry: Laundry Room
Features
- Breakfast Bar, Cathedral Ceiling(s), Crown Molding, High Ceilings, Ceiling Tray/Cofferd, Kitchen Island, Recessed Lighting, Bedroom, Breakfast Room, Dining Room, Family Room, Entrance Foyer, Kitchen, Living Room, Loft, Master Bathroom, Master Bedroom, Office, Storage
- Flooring: Tile
- Has fireplace: Yes
- Fireplace features: Gas
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 7,027
- Total interior livable area: 7,027 sqft
Property
Parking
- Total spaces: 3
- Parking features: Attached, Garage
- Attached garage spaces: 3
Features
- Stories: 2
- Patio & porch: Patio Covered
- Exterior features: Balcony, Barbecue, Boat Slip, Columns, Dock, Outdoor Kitchen, Tennis
- Has private pool: Yes
- Pool features: Private, Heated, In Ground
- Fencing: Back Yard
- Has view: Yes
- View description: Bayou
- Has water view: Yes
- Water view: Bayou
- Waterfront features: Bay, Bayou, Waterfront
- Frontage type: Water
- Frontage length: Water: 145
Lot
- Size: 0.82 Acres
- Dimensions: 135 x 288 x 145 x 268
- Features: Bulkhead/Seawall, Covenants, Restrictions, Sidewalk, Within 1/2 Mile to Water
Details
- Parcel number: 002S221355000F0210
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mediterranean
- Property subtype: Single Family Residence
Materials
- Frame, Stucco
- Foundation: Slab
- Roof: Roof Tile/Slate
Condition
- Construction Complete
- Year built: 2007
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & neighborhood
Community
- Community features: Community Room, Fitness Center, Picnic Area, Playground, Pool
Location
- Region: Destin
- Subdivision: Kelly Plantation S/d
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $800 quarterly
- Services included: Maintenance Grounds, Land Recreation, Master Association, Recreational Faclty, Security
Other
Other facts
- Listing terms: Conventional,Other
- Road surface type: Paved
Services availability
Sell for more on Zillow
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$5,482,800
2% more+ $110K
With Zillow Showcase(estimated)
$5,592,456