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.
For sale
$5,490,000
4659 Destiny Way, Destin, FL 32541
11beds
7,041sqft
Est.:
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
- 13 hours |
- 238 |
- 16 |
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#: 999662
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
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/2/2026 | Listed for sale | $5,490,000-3.6%$780/sqft |
Source: | ||
| 9/2/2025 | Listing removed | $5,695,000$809/sqft |
Source: | ||
| 4/2/2025 | Price change | $5,695,000-1.7%$809/sqft |
Source: | ||
| 3/3/2025 | Listed for sale | $5,795,000$823/sqft |
Source: | ||
| 11/5/2024 | Listing removed | $5,795,000$823/sqft |
Source: | ||
| 9/12/2024 | Price change | $5,795,000-2.6%$823/sqft |
Source: | ||
| 3/2/2024 | Listed for sale | $5,950,000+32.2%$845/sqft |
Source: | ||
| 4/22/2022 | Sold | $4,500,000-9.1%$639/sqft |
Source: | ||
| 3/12/2022 | Pending sale | $4,950,000$703/sqft |
Source: | ||
| 3/4/2022 | Listed for sale | $4,950,000+39.4%$703/sqft |
Source: | ||
| 6/18/2021 | Sold | $3,550,000+6%$504/sqft |
Source: | ||
| 1/14/2021 | Listing removed | -- |
Source: | ||
| 10/31/2020 | Listed for sale | $3,349,000+52.2%$476/sqft |
Source: East Pass Realty Inc #858394 Report a problem | ||
| 5/18/2018 | Sold | $2,200,000-24.1%$312/sqft |
Source: | ||
| 5/15/2018 | Listed for sale | $2,899,000$412/sqft |
Source: Keller Williams Emerald Coast Realty #769375 Report a problem | ||
| 5/15/2018 | Pending sale | $2,899,000$412/sqft |
Source: Keller Williams Emerald Coast Realty #769375 Report a problem | ||
| 4/11/2018 | Price change | $2,899,000-3.3%$412/sqft |
Source: Keller Williams Emerald Coast Realty #769375 Report a problem | ||
| 10/25/2017 | Price change | $2,999,000-3.3%$426/sqft |
Source: Destin #769375 Report a problem | ||
| 9/15/2017 | Price change | $3,100,000-3.1%$440/sqft |
Source: Destin #769375 Report a problem | ||
| 6/7/2017 | Listed for sale | $3,200,000$454/sqft |
Source: Destin #769375 Report a problem | ||
| 4/28/2017 | Listing removed | $3,200,000+10.5%$454/sqft |
Source: Destin #769375 Report a problem | ||
| 3/22/2015 | Listing removed | $2,894,700$411/sqft |
Source: Keller Williams - Destin #717395 Report a problem | ||
| 3/21/2015 | Pending sale | $2,894,700$411/sqft |
Source: Keller Williams - Destin #717395 Report a problem | ||
| 3/21/2015 | Listed for sale | $2,894,700+44.7%$411/sqft |
Source: Keller Williams - Destin #717395 Report a problem | ||
| 3/20/2015 | Sold | $2,000,000-16.6%$284/sqft |
Source: Public Record Report a problem | ||
| 12/11/2014 | Price change | $2,399,000-15.7%$341/sqft |
Source: Cindy Cole Fine Homes LLC #717395 Report a problem | ||
| 11/26/2014 | Listed for sale | $2,844,700+292.4%$404/sqft |
Source: Cindy Cole Fine Homes LLC #717395 Report a problem | ||
| 7/19/2013 | Sold | $725,000-27.4%$103/sqft |
Source: Public Record Report a problem | ||
| 4/14/2004 | Sold | $999,000+33.4%$142/sqft |
Source: Public Record Report a problem | ||
| 12/18/2000 | Sold | $749,000$106/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
More affordability tools
Climate risks
Neighborhood: 32541
Nearby schools
GreatSchools rating
- 8/10Destin Middle SchoolGrades: 5-8Distance: 1.5 mi
- 5/10Fort Walton Beach High SchoolGrades: 9-12Distance: 13.9 mi
- 10/10Destin Elementary SchoolGrades: PK-4Distance: 5.1 mi
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.
Local experts in 32541
- Florida
- Okaloosa County
- Destin
- 32541
- 4659 Destiny Way






