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For sale
  • $5,490,000

    4659 Destiny Way, Destin, FL 32541

    11beds
    7,041sqft
    : 
    Single Family Residence
    Built in 1997
    9,583.2 Square Feet Lot
    $-- Zestimate®
    $780/sqft
    $-- HOA

    What's special

    Lakeside fireplaceExtraordinary lakefront estateEleven bedroomsRefreshed exteriorUpdated pool systemsGrand main residenceWine and beverage coolers
    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.
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    Zillow last checked: 7 hours ago

    Listing updated: 20 hours ago

    Listed by:

    Dahler & Co. dahlerandco@scenicsir.com,

    Scenic Sotheby's International Realty

    Source: ECAOR,MLS#: 999662MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 11
      • Bathrooms: 12
      • Full bathrooms: 10
      • 1/2 bathrooms: 2
      Primary bedroom
      • Description: main house
      • Level: Third
      • Area: 379.5 Square Feet
      • Dimensions: 23 x 16.5
      Bedroom
      • Description: main house
      • Level: Second
      • Area: 208 Square Feet
      • Dimensions: 16 x 13
      Bedroom
      • Description: main house
      • Level: Second
      • Area: 196 Square Feet
      • Dimensions: 14 x 14
      Bedroom
      • Description: main house
      • Level: First
      • Area: 156 Square Feet
      • Dimensions: 13 x 12
      Bedroom
      • Description: main house
      • Level: First
      • Area: 168 Square Feet
      • Dimensions: 14 x 12
      Bedroom
      • Description: attached house
      • Level: Third
      • Area: 210 Square Feet
      • Dimensions: 15 x 14
      Bedroom
      • Description: attached house
      • Level: Third
      • Area: 204 Square Feet
      • Dimensions: 17 x 12
      Bedroom
      • Description: attached house
      • Level: Second
      • Area: 203 Square Feet
      • Dimensions: 14 x 14.5
      Bedroom
      • Description: attached house
      • Level: First
      • Area: 297.5 Square Feet
      • Dimensions: 17 x 17.5
      Other
      • Description: main house
      • Level: First
      • Area: 80 Square Feet
      • Dimensions: 10 x 8
      Other
      • Description: attached house
      • Level: First
      • Area: 294 Square Feet
      • Dimensions: 21 x 14
      Kitchen
      • Description: main house
      • Level: Second
      • Area: 207 Square Feet
      • Dimensions: 23 x 9
      Kitchen
      • Description: attached house
      • Level: Second
      • Area: 207 Square Feet
      • Dimensions: 23 x 9
      Heating
      • Heat Pump, Central, Natural Gas
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Range Hood, Washer, Gas Water Heater, Tankless Water Heater
      • Laundry: Washer/Dryer Hookup
      Features
      • Breakfast Bar, Bookcases, Cathedral Ceiling(s), Crown Molding, Vaulted Ceiling(s), Kitchen Island, Recessed Lighting, Newly Painted, Owner's Closet, Pantry, Wet Bar
      • Flooring: Tile
      • Windows: Double Pane Windows, Skylight(s), Window Treatments, Hurricane Shutters
      • Has fireplace: Yes
      • Fireplace features: EPA Qualified Fireplace, Gas, Fireplace 2+
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 7,041
      • Total interior livable area: 7,041 sqft

      Property

      Parking
      • Total spaces: 9
      • Parking features: Garage Door Opener, Oversized, Covered
      • Attached garage spaces: 2
      • Carport spaces: 1
      • Covered spaces: 3
      Features
      • Stories: 3
      • Patio & porch: Covered, Porch
      • Exterior features: Outdoor Grill, Balcony, Columns, Dock, Lawn Pump, Outdoor Shower, Sprinkler System, Outdoor Kitchen, Rain Gutters
      • Has private pool: Yes
      • Pool features: Heated, In Ground, Gunite
      • Has spa: Yes
      • Spa features: Heated
      • Fencing: Partial,Privacy
      • Has view: Yes
      • View description: Gulf, Lake
      • Has water view: Yes
      • Water view: Gulf,Lake
      • Waterfront features: Lake Front, Seawall
      Lot
      • Size: 9,583.2 Square Feet
      • Dimensions: 80 x 100
      • Features: Cul-De-Sac, Survey Available, Within 1/2 Mile to Water
      Details
      • Additional structures: Guest House, Pavillion/Gazebo
      • Parcel number: 002S22040000000260
      • Zoning description: Resid Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary
      • Property subtype: Single Family Residence
      Materials
      • Stucco
      • Roof: Slate
      Condition
      • Construction Complete,Renovated
      • New construction: No
      • Year built: 1997

      Utilities & green energy

      • Water: Public
      Green energy
      • Energy efficient items: Doors

      Community & HOA

      Community
      • Features: BBQ Pit/Grill, Fitness Center, Fishing, Gated, Pavillion/Gazebo, Pool, Tennis Court(s), Waterfront, Short Term Rental - Allowed
      • Security: Fire Alarm, Security System, Smoke Detector(s)
      • Subdivision: DESTINY S/D
      HOA
      • Services included: Maintenance Grounds, Management, Recreational Faclty, Security
      Location
      • Region: Destin

      Financial & listing details

      • Price per square foot: $780/sqft
      • Tax assessed value: $3,956,439
      • Annual tax amount: $37,241
      • Date on market: 4/2/2026
      • Road surface type: Paved
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        4/2/2026Listed for sale$5,490,000-3.6%$780/sqft
        Source: ECAOR #999662 Report a problem
        9/2/2025Listing removed$5,695,000$809/sqft
        Source: ECAOR #969923 Report a problem
        4/2/2025Price change$5,695,000-1.7%$809/sqft
        Source: ECAOR #969923 Report a problem
        3/3/2025Listed for sale$5,795,000$823/sqft
        Source: ECAOR #969923 Report a problem
        11/5/2024Listing removed$5,795,000$823/sqft
        Source: ECAOR #943556 Report a problem
        9/12/2024Price change$5,795,000-2.6%$823/sqft
        Source: ECAOR #943556 Report a problem
        3/2/2024Listed for sale$5,950,000+32.2%$845/sqft
        Source: ECAOR #943556 Report a problem
        4/22/2022Sold$4,500,000-9.1%$639/sqft
        Source: ECAOR #892455 Report a problem
        3/12/2022Pending sale$4,950,000$703/sqft
        Source: ECAOR #892455 Report a problem
        3/4/2022Listed for sale$4,950,000+39.4%$703/sqft
        Source: ECAOR #892455 Report a problem
        6/18/2021Sold$3,550,000+6%$504/sqft
        Source: ECAOR #858394 Report a problem
        1/14/2021Listing removed--
        Source: ECAOR Report a problem
        10/31/2020Listed for sale$3,349,000+52.2%$476/sqft
        Source: East Pass Realty Inc #858394 Report a problem
        5/18/2018Sold$2,200,000-24.1%$312/sqft
        Source: ECAOR #769375 Report a problem
        5/15/2018Listed for sale$2,899,000$412/sqft
        Source: Keller Williams Emerald Coast Realty #769375 Report a problem
        5/15/2018Pending sale$2,899,000$412/sqft
        Source: Keller Williams Emerald Coast Realty #769375 Report a problem
        4/11/2018Price change$2,899,000-3.3%$412/sqft
        Source: Keller Williams Emerald Coast Realty #769375 Report a problem
        10/25/2017Price change$2,999,000-3.3%$426/sqft
        Source: Destin #769375 Report a problem
        9/15/2017Price change$3,100,000-3.1%$440/sqft
        Source: Destin #769375 Report a problem
        6/7/2017Listed for sale$3,200,000$454/sqft
        Source: Destin #769375 Report a problem
        4/28/2017Listing removed$3,200,000+10.5%$454/sqft
        Source: Destin #769375 Report a problem
        3/22/2015Listing removed$2,894,700$411/sqft
        Source: Keller Williams - Destin #717395 Report a problem
        3/21/2015Pending sale$2,894,700$411/sqft
        Source: Keller Williams - Destin #717395 Report a problem
        3/21/2015Listed for sale$2,894,700+44.7%$411/sqft
        Source: Keller Williams - Destin #717395 Report a problem
        3/20/2015Sold$2,000,000-16.6%$284/sqft
        Source: Public Record Report a problem
        12/11/2014Price change$2,399,000-15.7%$341/sqft
        Source: Cindy Cole Fine Homes LLC #717395 Report a problem
        11/26/2014Listed for sale$2,844,700+292.4%$404/sqft
        Source: Cindy Cole Fine Homes LLC #717395 Report a problem
        7/19/2013Sold$725,000-27.4%$103/sqft
        Source: Public Record Report a problem
        4/14/2004Sold$999,000+33.4%$142/sqft
        Source: Public Record Report a problem
        12/18/2000Sold$749,000$106/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$46,870 +4.5%$3,956,439 +5.4%
        2023$44,844 +19%$3,753,819 +20%
        2022$37,693 +48.8%$3,127,841 +33.6%
        2021$25,336 +26.2%$2,340,831 +45.9%
        2020$20,068 +0.3%$1,603,928 +1.7%
        2019$20,013 -4%$1,577,729 -2.9%
        2018$20,856 $1,624,195 +1.9%
        2017$20,856 +0.1%$1,593,470 +2.4%
        2016$20,825 +3%$1,556,672 +12.5%
        2015$20,220 +10.4%$1,383,163 +102.6%
        2014$18,324 $682,568 -33.6%
        2013-- $1,028,348 -0.4%
        2012-- $1,032,684 +5.3%
        2011-- $980,838 -15.5%
        2009-- $1,161,222 -6.3%
        2008-- $1,239,734 -7.8%
        2007-- $1,344,682 -9.5%
        2006-- $1,485,840 +22.3%
        2005-- $1,214,945 +34.2%
        2004-- $905,237 +27.1%
        2003-- $712,464 +3.4%
        2002-- $689,001 -0.7%
        2001-- $694,017

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $32,893/mo
        Principal & interest
        $27266
        Property taxes
        $5627
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          Climate risks

          Neighborhood: 32541

          Getting around

          25 / 100
          Car-Dependent
          43 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Destin
          • Middle: Destin
          • High: Destin

          Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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