Priced below recent appraisal! Discover the perfect fusion of modern elegance and artistic coastal contemporary design in this remarkable lakefront residence. This newly built home sits on one of the premier lots in Regatta Bay and offers both lake and golf course views. The home is located within the prestigious gated golf and boating community of Regatta Bay. Completed in 2016, this meticulously designed home showcases an open floor plan with the majority of the home located on the main level. The thoughtfully arranged layout features four bedrooms and four and a half bathrooms, enhanced by clean lines and exquisite designer finishes throughout. This designer finished property boasts remarkable features, including soaring 12-foot ceilings on the main level and an oversized three-car garage with ample parking. The interior showcases elegant hardwood flooring throughout, leading to a spacious living room that is anchored by a contemporary gas stone fireplace. This inviting space offers seamless access to an expansive screened lanai, showcasing 650 square feet of outdoor living space adorned with pecky cypress ceilings and beautiful views. The outdoor area is further complemented by a secondary gas fireplace, pool and hot tub, perfectly positioned to capture breathtaking western sunsets and picturesque views of the lake and multi award winning golf course. The designer kitchen is a culinary dream, with custom built cabinetry, Calcutta marble countertops, 60-inch Wolf gas range and a built-in Sub-Zero refrigerator. The kitchen flows effortlessly into the open dining room and includes an oversized pantry with premium storage options. The master suite radiates coastal charm with and a spa-like master bathroom complete with a luxurious soaking tub, dual vanities, chevron-pattern marble flooring, and an oversized walk-in shower adorned with hand-hewn beam accents and dual shower heads. The 13x16 master closet is a standout feature, offering direct access from the master suite and showcasing custom-built shelving along with a center island for optimal storage. Additionally, the laundry room conveniently connects to the master closet for enhanced functionality. On the second floor, you will find two additional bedrooms each with en-suite bathrooms, as well as a flex space. Regatta Bay is a serene, gated community that seamlessly blends golf and boating, offering a lifestyle that is truly unparalleled! The essence of the Regatta Bay Lifestyle revolves around convenience, allowing residents to easily access numerous enjoyable destinations within minutes via golf cart, including the beach! Within the community, residents can indulge in golf, swimming, tennis, pickleball, parks, playgrounds, the Regatta Bay Clubhouse, Legendary Marine, and Legendary Yacht Club. Furthermore, Regatta Bay features a private road that leads directly to the Destin Commons, where an array of popular retail stores for both men and women awaits, alongside a diverse selection of restaurants, Whole Foods, Bass Pro, Lowes, an AMC movie theater, and Uncle Buck's Bowling-all easily reachable by golf cart. Regatta Bay is centrally located offering easy access to the airport and only a few miles from Northwest Florida's finest hospital.