#967011, Karen K Smith, Listing Office: Beachy Beach Real Estate
3730 Preserve Bay Blvd Panama City Beach, FL 32408
Property details
About 3730 Preserve Bay Blvd
Priced to Sell. Perched on 3 large lots with 380 feet of water-frontage on the West Bay waters of the Northwest Florida Gulf Coast, this home is inspired by the classic Palladian Villas of the Veneto in Italy, this residence has an architectural integrity and authenticity rarely found in builds today. Architected by Philip Spann of Seagrove Beach and built by Cliff Myers, the home features cushion-cut marble walls, solid stone stairs with balusters crafted of marble, a custom cut marble compass rose inlay in the foyer, and a grand Schonbek Chandelier draped with crystals. The dining room reveals graduated Venetian plasterwork and a custom stone table crafted in Rome outside of the Vatican walls as a striking centerpiece. Every finish and selection throughout this property was carefully sourced and constructed: for example, the walls in the great room are upholstered in silk made in Venice by the Bevilacqua Family, famous internationally for their intricate fabrics. The millwork has a hand applied strié to replicate the authentic woodwork of the time. The doorknobs throughout the home are all handcrafted by Baltica with each knob related to all the others in motif. When a material could be sourced from Italy or abroad, it was, giving this home an unparalleled purity of design. This unique and deliberate customization continues throughout all the rooms of the residence with marble and limestone accents in the great room overlooking the bay. At the heart of the room, find a stunning marble fireplace and note the millwork crafted from individual blocks, perfectly aligned by artisan woodworkers. A media room adjacent to the living room serves as a cozy space to unwind with wood paneled walls and a custom movie theatre size screen with theatre-style lights. This home has welcomed many guests through its doors for festivities of all types over the years, and the ease of entertaining is evident in the gourmet kitchen with Wolf and Sub-Zero appliances, a breakfast bar, and a separate bar area. A butlers pantry with additional appliances, storage and more provides convenience for preparing all the necessities of large-scale soirees. As likely anticipated, the second level master suite is suitable for royalty with separate his and hers bathrooms, closets, and offices. The sleeping quarters include gorgeous bay views along with a private columned balcony. Artist Jody Matokovich hand painted the Groin Vault on the ceiling of the bedroom with a style influenced by the frescos of the Renaissance. Each master bathroom offers heated floors and double showers with jets while one is centered around a stunning free-standing bathtub. In addition, the suite includes an exercise room with sauna and a vault plus safe room with ventilation. Not to be overshadowed by the interiors, the outdoor spaces of the Villa Chimera are equally enchanting. A towering iron gate secures the property which features over 3 beautifully landscaped acres and 380 feet of waterfront on West Bay. A marble fountain at the entry of the residence carved and transported from Italy depicts figures from Greek mythology including the Chimera, a fire-breathing, three headed monster. Highlights of the rear yard entertaining spaces are a heated infinity pool with spa overlooking the bay, an outdoor air-conditioned kitchen, a firepit, and a shallow dock to the bay. In addition to the spaces referenced, the property includes two guest suites in the main home, a detached carriage home and a four-car garage each connected to the main home by breezeways, and a generator room with gas generator. A fully integrated smart house, a Creston whole house lights and media system controls everything with tablets while monitored security cameras are installed on the exterior.
Highlights
Summary
- MLS Number: 964468
- MLS Name: Emerald Coast Association of REALTORS®
- Office Name: Berkshire Hathaway HomeServices
- Office Email: jledesma@bpfla.com
- Listing Agent: Delawalla Group
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, Copyright 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 12:50:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$8,750,000
3730 Preserve Bay Blvd
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Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 25, 2002 | Home Sold | $1,100,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $2,135,409 | $26,738 |
2022 | $2,333,446 | $27,029 |
2021 | $2,028,105 | $27,029 |
History based on county public records data.
Nearby schools
1
St. Andrew School at Oakland Terrace
Public District PK-5
2.1 mi
•2010 W 12th St
5
Lucille Moore Elementary School
Public District PK-5
2.1 mi
•1900 Michigan Ave
7
Patronis Elementary School
Public District KG-5
2.8 mi
•7400 Patronis Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $117,120. Most Panama City Beach, FL residents have annual incomes between $100k-200k. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 3730 Preserve Bay Blvd
This home is located at 3730 Preserve Bay Blvd in Panama City Beach, FL and zip code 32408 in the The Preserve On The Bay neighborhood. This 9,473 square foot home, which was built in 2007, sits on a 3.00 acre lot. Features: 5 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since December 9, 2024 and is currently priced at $8,750,000.
While more than 5 listings in Panama City Beach, FL in February 2025 were sold above asking price, there were more than 36 listings sold at asking price, and more than 98 were sold below. Between January and February 2025, Panama City Beach, FL real estate market has seen increase in the number of listings by 6.1%. In February 2025 median list price was $337,016 and the average listing age was 87 days.