Own This Spectacular Panama City Beach Estate

Posted by Destin Real Estate Sales on Thursday, January 30th, 2020 at 9:41am.

If you are fortunate enough to have saved enough money to buy your forever dream “palace,” prepare to be amazed! This astounding palatial waterfront home at 5222 Finisterre Drive on the Grand Lagoon in Panama City Beach can be yours. Finisterre is the area’s premier exclusively gated residential community that provides privileged owners with first-class amenities, which includes direct lagoon access to the Gulf of Mexico, multiple marinas, and restaurants.

This Mediterranean Villa encompasses 9,250 square feet of spectacular space that includes seven bedrooms with seven full luxury baths and a half bath powder room. It’s a gigantic masterpiece of design that graces 330 linear feet of the sparkling Grand Lagoon with breathtaking views as far as one can see out towards Shell Island and St. Andrews State Park on the Gulf. You may cruise there in no time since this fantastic home includes two deeded docks and three boatlifts.

An Infinity Pool and huge wraparound paver tiled patio adorned with Royal Palms provides a lavish entertainment area with heavenly views of the expansive lagoon. A classic columned pool-side veranda with an ornate decorative hardwood ceiling, a built-in bar, an outdoor Solano designed kitchen, and a fireplace overlook this gorgeous setting.

This majestic mansion has a circular driveway that wraps around to a gated rear courtyard near two Carriage Houses above a six-car garage. Each features one-bedroom guest quarters with a luxury bath, full kitchen, and handsomely appointed open living space. The driveway spans across the lushly landscaped grounds and is centered on a large fountain studded with palm trees. An arched double glass front door with decorative metal detailing provides a regal entry.

The list of superlatives for the magnificent interiors includes gleaming polished marble flooring, soaring twenty-four-foot tall ceilings, an elevator, vintage chandeliers, Corinthian columns, custom cabinetry fashioned out of rich mahogany, an elegant hand-carved white marble fireplace mantle, massive windows overlooking the lovely Grand Lagoon and stunning craftsmanship throughout.



This entire estate was designed to create a setting that provides premium comfort and lavish grandeur. Two giant Master Suites include luxurious spa-like baths and have balconies overlooking the sensational scenery out across the lagoon.

The extraordinary Gourmet Kitchen has estate styled intricately carved cabinetry, thick granite countertops, an island, a bar flanked by columns, and high-end commercial appliances.

This amazing home also features a Game Room with a built-in bar, a Theater Room with seating for ten as well as an office with floor to ceiling shelving, a fireplace, and a waterfront patio. This mansion was just completed seven years ago using durable energy-efficient ICF Construction, Hurricane Rated Windows, thick concrete roof tiles, and extensively integrated electronic control systems.



The opulent one-of-a-kind palatial waterfront estate is listed at $8,995,000 averaging $972.43 per square foot. Currently, there are five other comparable 5+ bedroom waterfront homes for sale in Panama City Beach priced from $599,000 for a 3,626 square foot dwelling up to $2,595,000 for a 5,175 square foot home.



If you’re the fortunate buyer contact our Ocean Reef Real Estate Office at 877-392-6085 for complete details, a Comparative Market Analysis of other waterfront homes, and set a private appointment to see this incredible estate today.

 

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