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3563 Preserve Drive
About This Property
Thoughtfully positioned to embrace its natural surroundings, the residence captures serene sunrise views over the nature preserve to the rear and sunset views from the front courtyard. A private pool and fully equipped summer kitchen create an inviting setting for alfresco dining and entertaining.
Inside, exceptional craftsmanship and natural materials define a sophisticated contemporary aesthetic. White oak cabinetry and flooring, Calacatta Lapiza and Arctic White quartz surfaces, and premium Wolf and Sub-Zero appliances distinguish the chef's kitchen, while a discreetly concealed butler's pantry offers additional preparation and storage space while preserving the kitchen's clean architectural lines.
The private primary wing occupies the entire right side of the residence, creating an exceptional sense of privacy and retreat. The spa-inspired primary bath features separate vanities, a bidet, soaking tub, and dramatic walk-through shower, while an expansive executive office provides a refined private workspace. Integrated audio/video throughout and a comprehensive 360-degree, 24/7 security surveillance system complete this exceptional offering. Combining bespoke design, exceptional privacy, expansive single-story living, and an extraordinary preserve setting, 3563 Preserve Drive offers a distinctive opportunity to experience one of Sandestin's most prestigious enclaves at its finest.
All room dimensions and square footage are approximate and should be verified by the buyer. Select photos have been virtually staged to help buyers envision the home fully furnished.
Burnt Pine dues total $1,130 quarterly, consisting of $583 per quarter for Burnt Pine East and $547 per quarter for the Sandestin Owners Association (SOA). A 3% discount is available on the SOA portion when paid annually. Newly installed fiber internet and cable service are included in the association dues. There is a $100 transfer fee and .5% of the Purchase Price paid to Sandestin Owners Association at Closing by the buyer.
Seller offering a 1 year home warranty.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 17, 2026 | Listed by Scenic Sotheby's International Realty | $3,595,000 | |
| Listed by Scenic Sotheby's International Realty | |||
| Jul 28, 2026 | Price Decreased |
$3,995,000
↓ $129K
(3.1%) | |
| Price Decreased | |||
| Jul 26, 2026 | Price Decreased |
$4,124,000
↓ $1K
(0%) | |
| Price Decreased | |||
| Jul 9, 2026 | Price Decreased |
$4,125,000
↓ $70K
(1.7%) | |
| Price Decreased | |||
| Nov 27, 2025 | Price Increased |
$4,195,000
↑ $245K
(6.2%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017