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Karrie Rose

  • MLS® #: 820106
  • 4516 Olde Plantation Place

  • DESTIN, FL 32541
  • $2,995,000 REDUCED
  • 5 Beds, 7 Bath, 6887 SQ. Feet
  • Residential
  • Office: Somers & Company

$350,000.00 BELOW RECENT APPRAISAL!! This magnificent waterfront estate offers grandeur, comfort, and an active watersports lifestyle! Set on the protected deep-water of Indian Bayou on the Choctawhatchee Bay, in Destin's gated, master-planned golf community of Kelly Plantation, the award-winning home presents the perfect backdrop for both fabulous entertaining and relaxing Florida style! The two-story entry opens to a grand foyer with gleaming marble floors, large granite-topped bar, and curving staircase with custom iron railings. The inviting view of the beautiful, fully screened patio and pool and the sparkling waters of the bay draws the eye, as does the 400-gallon aquarium that separates the formal living and dining rooms.......Built by Bill Johnson and designed by the Evans Group, a nationally acclaimed firm, the spaces and details showcase your decor, while the floorplan flows effortlessly from one living space into the next. In the gourmet kitchen, top-of-the-line appliances blend with custom cabinetry, including a Subzero refrigerator, four refrigerator drawers, double oven, warming drawers, two dishwashers, ice machine, professional Thermador cooktop, and more. Or grill your day's catch in the recently renovated summer kitchen, which includes an Alfresco grill, refrigerated drawers, icemaker, and sink. Past the double doors of the study lies the amazing master wing. With a morning kitchen, sitting/exercise/spa room, incredible closet, and marble-framed gas fireplace in the bedroom, and a huge, luxurious bathroom, you could spend all day in your private retreat! Up the stairs--or the elevator--the large balcony/loft with another bar/mini-kitchen makes a perfect game and media room. Two additional master suites at the ends of the second floor offer privacy and comfort. Each suite enjoys its own private outdoor deck, plus access to the balcony, all within the screened patio. Kids will love the two additional bedrooms, currently with tropical island and mermaid themes. Made for indoor/outdoor living, the two-story screened lanai, which has recently been enlarged, encloses your own oasis! It features a pool, spa, rockery waterfall, lush landscaping, and a view of the bayou. The main patio has abundant room for family and friends to gather round the pool. More separated areas provide quieter spots for sunning, dining, or relaxing under the stars. The deep-water dock is a yacht-lover's dream, with room to dock a large boat plus additional watercraft, multiple lifts, ports for jet skis, fish cleaning station, and easy access to the bay and the Gulf of Mexico. The largest slip of the 3 deep-water mooring areas measures 17' in width, providing 7.5' in water depth. New Trex decking has been installed on the dock. The estate features both an attached and detached garage, with room for up to five vehicles. Additional conveniences include a new Creston system for audio/video, security, etc., touch lighting in all rooms, instant hot water, two laundry rooms, three A/C units, natural gas generator, abundant storage, and much more. The amenities of Kelly Plantation, including golf, are just down the road, as are Destin's fabulous white sand beaches and numerous dining and entertainment venues. Well designed and executed with quality throughout, this gorgeous home will enhance any lifestyle!

Essential Information

  • MLS® #820106
  • Price$2,995,000
  • Bedrooms5
  • Bathrooms7.00
  • Full Baths5
  • Half Baths2
  • Square Footage6,887
  • Acres0.00
  • Year Built2002
  • TypeResidential
  • Sub-TypeDetached Single Family
  • StyleMediterranean
  • StatusActive

Community Information

  • Address4516 Olde Plantation Place
  • AreaDESTIN
  • CityDESTIN
  • CountyOKALOOSA
  • StateFL
  • Zip Code32541


  • Parking Spaces5
  • # of Garages5
  • Is WaterfrontYes
  • WaterfrontBAY, Bayou
  • Has PoolYes
  • PoolPool - In-Ground, Private


Community Room, Dock, Exercise Room, Fishing, Gated Community, No Short Term Rental, Pets Allowed, Playground, Pool, Tennis, Waterfront


Community Sewer, Community Water, Electric Available, Phone Available


Boat, Covered, Garage, Garage: Attached, Garage: Detached, Other, Oversized


  • HeatingHeat: Central Electric
  • FireplaceYes
  • FireplacesFireplace Gas
  • # of Stories2

Interior Features

Breakfast Bar, Built-In Bookcases, Ceiling Crwn Molding, Ceiling Raised, Ceiling Tray/Cofferd, Elevator, Fireplace Gas, Floor Marble, Furnished - None, Guest Quarters, Kitchen Island, Lighting Recessed, Pantry, Split Bedroom, Upgraded Media Wing, Washer/Dryer Hookup, Wet Bar


Cooktop, Dishwasher, Ice Machine, Oven Double, Refrigerator, Security System, Smoke Detector, Wine Refrigerator


A/C: Two Or More, A/C: Central Electric

School Information

  • ElementaryDESTIN
  • MiddleDESTIN

Additional Information

  • Days on Website191
  • ZoningResidential Single Family
  • HOA Fees720.00
  • HOA Fees Freq.Quarterly

Property Location

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Price Change History for 4516 Olde Plantation Place, DESTIN, FL (MLS® #820106)

Date Details Price Change
Price Reduced $2,995,000 $300,000 (9.10%)
Price Reduced (from $3,395,000) $3,295,000 $100,000 (2.95%)

DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2019, All rights reserved.

Listing information last updated on October 17th, 2019 at 7:30am CDT.