61
Map
4370 Old Bayou Trail
About This Property
The Kelly Plantation golf course is consistently rated as one of the best in Destin. Designed around miles of waterfront, bayous and the trees of the former turpentine plantation, the course is beautifully manicured with panoramic views of the Choctawhatchee Bay. The golf and owners club houses offer great dining,, fun community and holiday events, a newly equipped gym, large pool and community rooms. And just outside the gates is Henderson Beach State Park with some of the most beautiful beaches anywhere.
Strategically nestled away from crowds, this neighborhood delivers quick and stress-free access to all shopping without having to get on Highway 98. Making this home a dream for those seeking an oasis that boasts convenient living right in stunning Destin.
The home itself has four large bedrooms and 3.5 bathrooms each beautifully designed with interesting pieces from around the world - including beautiful wallpapers, antique Dutch tiles, a soapstone farmhouse sink and a pretty sunflower ceramic sink in the wet bar area upstairs. The whole first floor has Italian limestone floors throughout, including primary bedroom overlooking the bayou, and bathroom which includes a marble shower, jacuzzi tub, custom wood cupboards and a fireplace. As you enter the home, there is a large office also with custom cabinetry.
The large scale of this home provides ample storage, a vast bonus room over the garage and the flexibility to make these spaces your own. The 3-car garage also has plenty of space for storage, a separate tool closet and room for a golf cart or two.
The heart of this home is a spectacular kitchen which flows comfortably into the breakfast nook and den, perfect for large family gatherings. The more formal living room has space for multiple seating areas and a dining table to easily seat 12 or more. With picture windows framing breathtaking views of the bayou, sunsets, and your own dock, you wouldn't want to be anywhere else.
This classic and elegant home is offered at a very competitive price per square foot, with an open plan for you to adapt to suit your family's needs. Schedule a showing or contact us for more information and grasp this unique opportunity to own a piece of paradise. Your dream home awaits!
Payment Calculator
Your Estimated Monthly Payment
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 5, 2024 | Sold | ||
| Sold | |||
| Dec 9, 2023 | Listed by Legendary Realty LLC | $2,100,000 | |
| Listed by Legendary Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017