Features & Amenities

Interior

  • Other Interior Features

    Bookcases, Cathedral Ceiling(s), Central Vacuum, Kitchen Island, Wet Bar, Pantry

  • Total Bedrooms

    3

  • Bathrooms

    4

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Central, Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Other Exterior Features

    Balcony

  • Parking

    Garage Door Opener, Attached

  • Patio and Porch Features

    Porch

  • Pool

    No

  • Waterfront YN

    YES

  • View

    Water

Area & Lot

  • Lot Features

    Wooded

  • Lot Size(acres)

    2.79

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Traditional

Price

  • Sales Price

    $2,900,000

  • Zoning

    Resid Single Family

  • Sq. Footage

    5, 269

  • Price/SqFt

    $550

HOA

  • Association

    No

School District

  • Elementary School

    Mary Esther

  • Middle School

    Bruner

  • High School

    Fort Walton Beach

Property Features

  • Stories

    2

  • Sewer

    Septic Tank

  • Water Source

    Public

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Location

County

Okaloosa

Elementary School

Mary Esther

Middle School

Bruner

High School

Fort Walton Beach

Listing Courtesy of Suzanne G McDaniel , Scenic Sotheby's International Realty

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Tucked away on 2.75 acres along the Santa Rosa Sound, this stately waterfront estate offers an extraordinary combination of privacy, deep water access and breathtaking views of the barrier islands and the gulf. A 600-foot oak-lined driveway leads to this impressive 5,120-square-foot Old Chicago brick home, where timeless elegance meets the beauty of the Intracoastal Waterway.  With 150 feet of private sandy beach and deep water frontage, this property provides unparalleled access to the water. Whether launching a kayak, paddleboard or jet ski right from your backyard or simply enjoying the serenity of the water from the verandas, this is a retreat like no other. Inside, architectural details abound. Crystal chandeliers, imported mahogany millwork, and soaring 25-ft. ceilings frame a home built for both grandeur and comfort. A wall of windows in the main living area captures stunning water views, while three fireplaces add warmth and charm. The primary suite is a private sanctuary, complete with a fireplace, balcony and an opulent dressing area. A library with a wet bar offers a quiet escape, and the kitchen is equipped with designer Sub-Zero and Thermador appliances, including warming and refrigeration drawers.  

Outdoor living is equally remarkable with covered porches, open patios and a separate artist studio, all set against the backdrop of sweeping waterfront vistas. The gated entrance and long paver driveway enhance the estate's exclusivity.  

For those seeking a private deepwater retreat, this property offers an unparalleled lifestyle. Alternatively, its expansive acreage presents an exceptional development opportunity, with potential for multiple waterfront homesites and additional residences with water access. Whether as a grand estate or an exclusive residential enclave, this Mary Esther property is a rare and remarkable find.

721 W Miracle Strip Parkway

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Related Properties

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Set beneath a canopy of majestic and historic live oak trees and spanning approximately 90 feet of pristine deep waterfront on a 0.69 acre lot, this 4,176-square-foot brand new custom 2026 built home offers a rare blend of natural beauty, thoughtful design, and refined coastal luxury along the Santa Rosa Sound and Intracoastal Waterway in Mary Esther.Designed to honor its extraordinary setting, this elegant bayfront home captures sweeping water views from nearly every angle. Upon entry, expansive windows and carefully planned sightlines immediately draw your gaze to the Sound, where shimmering water and ever-changing skies become part of the home's daily rhythm. The open-concept living, dining, and kitchen spaces flow effortlessly together, creating an elegant yet inviting environment ideal for both relaxed living and effortless entertaining. Soaring 12 foot coffered tongue and groove ceilings enhance the sense of space while maintaining warmth with a touch of Southern charm. 

At the heart of the home, the chef's kitchen is a showpiece equipped with top-tier appliances including a six-burner Wolf range, Sub-Zero refrigeration, wine cooler, ice maker, and custom cabinetry. Whether hosting intimate gatherings or large celebrations, the kitchen and adjoining dining area highlighted by a distinctive brick accent wall offer a stunning backdrop of uninterrupted waterfront views.

The primary suite is a true private retreat, thoughtfully positioned in its own wing of the home. Vaulted ceilings, serene bayfront views, and direct access to the back patio create a peaceful escape. The spa-inspired ensuite features spacious dual vanities, a freestanding soaking tub beneath a stunning chandelier, a walk-in glass enclosed shower, private water closet, and an oversized custom closet designed for both form and function.

In total, the home offers four generously sized bedrooms plus a dedicated office, providing flexibility for guests, multigenerational living, or work-from-home needs. This home features a fantastic split floorpan with two primary suites, one in each wing.  Each space is designed with privacy, comfort, and timeless appeal in mind.

Outdoors, the waterfront lifestyle takes center stage. A welcoming outdoor fireplace sets the tone for evenings spent under the oaks, listening to the water and watching spectacular sunsets paint the sky. The expansive backyard offers ample room to add a pool and create a private outdoor oasis, along with space for a dock and boat lift, allowing effortless access to boating, paddle boarding, and life on the Sound. This property offers some of the deepest water in the an area for those who need deep water dockage due to its proximity alongside the channel.

This exceptional custom home is more than a residence--It's a legacy property, offering unparalleled views, historic natural surroundings, and the very best of coastal living. At the front(street side) of the lot, two additional coastal cottages are under construction offering you the possibility of purchasing all three properties if you need a mother in law home or additional investment properties. The additional two homes are not included in this sale and will be sold separately.
#994226

Mary Esther

191 W Miracle Strip Parkway

5 Beds

4 Baths

4,176 Sq.Ft.

$2,750,000

MLS#: 994226

 - property

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