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$5,490,000
● House - For Sale

4659 Destiny Way

Destin, FL 32541
bedrooms
11 Beds
bathrooms
10 Baths, 2 Half Baths
square feet
7,041 Ft²
$30,061
Est. Monthly

About This Property

An extraordinary lakefront estate within the exclusive, gated enclave of Destiny, 4659 Destiny Way--known as The White Pearl--presents over 7,000 square feet of masterfully designed living space just moments from Gulf access and Destin's iconic sugar-white sands.

This one-of-a-kind coastal compound is composed of a grand main residence and a beautifully appointed guest house, seamlessly connected by elegant breezeways and offering a total of eleven bedrooms and ten full baths and two half baths. Each suite is designed to provide comfort, privacy, and refined coastal style--creating an exceptional setting for large-scale entertaining, multigenerational living, or luxury rental income. Set along 80 feet of pristine frontage on Four Prong Lake, the outdoor experience is nothing short of resort-caliber. An infinity-edge pool with swim-up bar and waterfall feature overlooks the water, complemented by a spa, expansive sun decks, and a fully equipped summer kitchen with gas grill--perfect for effortless entertaining. A lakeside fireplace, pool bath, and multiple gathering areas further elevate the experience, while panoramic lake and Gulf views create a breathtaking backdrop.

Inside, coastal-modern interiors are enhanced by custom finishes, multiple wet bars, wine and beverage coolers--offering seamless indoor-outdoor living and entertainment. Recent enhancements, including a refreshed exterior and updated pool systems, ensure both beauty and performance.

Designed to accommodate up to 34 guests with parking for 12 vehicles, this remarkable estate has proven itself as a premier income-producing property while maintaining the feel of a private luxury retreat. Residents enjoy access to exclusive community amenities including tennis courts, a fitness center, and a golf cart-friendly lifestyle--all within one of Destin's most coveted communities.

Whether envisioned as a legacy family compound or a high-performing investment, The White Pearl embodies the scale, sophistication, and resort-style living that define the Emerald Coast's finest properties.
Unit Size
7,041 Ft²
Days on Market
178 days
Land Size
0.22 acres
Price per sqft
$780
Property Type
House
Property Taxes
$3,103
HOA Dues
-
Year Built
1997

Listed By

Dahler & Co.
Scenic Sotheby's International Realty

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Last updated: 3 months ago (ECAR #999662)

Price History

Date / Event Date Event Price
Apr 2, 2026 Listed by Scenic Sotheby's International Realty $5,490,000
Listed by Scenic Sotheby's International Realty
Apr 2, 2025 Price Decreased $5,695,000
↓ $100K (1.7%)
Price Decreased
Feb 27, 2025 Listed $5,795,000
Listed
*Seller Financing Option - Submit your offer today!* Exquisite Modernized Luxury Vacation Estate. Welcome to The White Pearl, stunning 7,041 sq. ft. lakeside estate in the prestigious gated community of Destiny. This one-of-a-kind luxury retreat comprises two beautifully furnished three-story homes, seamlessly connected by breezeways with breathtaking 180° lake and Gulf views. Designed for the ultimate vacation rental investment or multi-generational family retreat. This property offers unparalleled elegance, modern upgrades, and exceptional income potential. Nestled on 80 feet of waterfront on Four Prong Lake, this estate boasts an exquisite private infinity pool with a swim-up bar and waterfall feature, fully restored in 2023 with a new salt cell generator, valve, filter element, and pump. Relax in the spa-like Jacuzzi or entertain effortlessly with a brand-new summer kitchen, featuring a state-of-the-art barbecue and gas grill. Multiple wet bars, wine and drink coolers, and interior/exterior ice machines ensure seamless hospitality across every level. Inside, coastal-inspired modern furnishings and custom-painted interiors elevate the ambiance, while a whole-home Wi-Fi-controlled audio system delivers an immersive entertainment experience indoors and out. The 10,000 sq. ft. freshly painted exterior, including doors, trim, railing, and breezeways, enhances the home's pristine aesthetic. With 11 bedrooms, 12 lavish bathrooms, and expansive indoor-outdoor living spaces, this residence is steps from the Gulf of Mexico and its iconic sugar-white sands. Enjoy exclusive community amenities, including a golf cart-friendly layout, tennis courts, a fitness center, and recreational areas. Public beach access is directly across the street, making this an unbeatable coastal retreat. A rare and extraordinary investment opportunity, The White Pearl stands as one of the most sought-after vacation rental properties on the Emerald Coast. Don't miss your chance to own this iconic estate; schedule your private showing today!
Apr 25, 2022 Sold
Sold
Mar 13, 2022 No longer available -
No longer available
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Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Covered, Oversized
Garage Spaces: 2
Interior Details
Half Bathrooms: 2
Full Bathrooms: 10
Interior Features: Breakfast Bar, Bookcases, Kitchen Island, Pantry, Wet Bar, Ceiling Cathedral, Ceiling Crwn Molding, Ceiling Vaulted, Fireplace 2+, Lighting Recessed, Newly Painted, Owner's Closet, Washer/Dryer Hookup
Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator, Gas Water Heater, Water Heater, Auto Garage Door Opn, Oven Self Cleaning, Security System, Smoke Detector, Stove/Oven Gas
Flooring Type: Floor Tile
Rooms: 13
Has Fireplace
Fireplace Features: Fireplace Gas, Fireplace
Exterior Details
Square Footage: 7041
Security Features: Fire Alarm
Property Condition: Renovated, Construction Complete
Architectural Style: Contemporary
Year Built: 1997
Waterfront Features: Lake Front
Building Area Total: 7041
Other Structures: Guest Quarters
Window Features: Skylight(s), Double Pane Windows, Window Treatment All
Construction Materials: Stucco
Patio and Porch Features: Covered, Covered, Porch
Pool Features: Heated, Pool - In-Ground, Pool Type
Pool is Private
Lot Features: Cul-De-Sac, Bulkhead/Seawall, Survey Available, Within 1/2 Mile to Water
Lot Size Area: 0.22
Lot Size Units: Acres
Lot Size Acres: 0.22
Lot Size Square Feet: 9583.2
Lot Size Dimensions: 80x100
Financial Details
Tax Assessed Value: $3,550
Tax Annual Amount: $37,241
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central, Natural Gas, Heat Pump Air To Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Security, Accounting, Ground Keeping, Management, Recreational Faclty

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 2010
  • Building Count: 2
  • Bedroom Count: 17
  • Bathroom Count: 14
  • Full Bathrooms: 13
  • Partial Bathrooms: 14
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 14
  • Roof Shape Type: 9
  • Roof Cover Type: 18
  • Floor Count: 300
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 370
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 9,421
  • Total Building Area: 10,041
  • Gross Building Area: 10,041
  • Building Area: 7,041
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 7,041
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DESTINY S/D
  • Land Acres: 0000000216
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: DESTINY S/D LOT 26

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 023308

Geography

  • Assessors Map Reference: 47
  • Parcel: 00-2S-22-0400-0000-0260
  • Lot: 26
  • Municipality: DESTIN
  • Latitude: 30.3817
  • Longitude: -86.4092

    Address

  • Full Address: 4659 Destiny Way
  • Address - House Number: 4659
  • Address - Street Name: Destiny
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Destin
  • Carrier Code: C018
  • 4-Digit Zip Code: 3790
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 7,804
  • Tax Year: 2023
  • Tax Amount: $4,484,388
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.2433
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 65
  • Final Value: 476,440
  • High Value: 592,385
  • Low Value: 360,494

    Market Valuation

  • Market Total Value: $3,753,819
  • Market Land Value: $492,413
  • Market Improvement Value: $3,261,406

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,753,819
  • Assessed Land Value: $492,413
  • Assessed Improvements Value: $3,261,406

    Sales

  • Current Sale Contract Date: Apr 22, 2022
  • Current Sale Recording Date: Apr 25, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3544697
  • Previous Sale Recording Date: Jun 18, 2021
  • Previous Sale Contract Date: Jun 18, 2021
  • Previous Sale Amount: $3,550,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Destiny


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Frequently Asked Questions

When was property at 4659 Destiny Way built and last sold?
The property at 4659 Destiny Way was built in 1997 and last sold on Apr 22, 2022 for $450,000.
How much is this home worth?
The estimated value of the home located at 4659 Destiny Way is $5,544,900.
What are some comparable homes to 4659 Destiny Way?
There are currently no comparable homes to 4659 Destiny Way.