553 Cove Drive, Fort Walton Beach

$1,480,000

4 Beds
5 Baths
2,577 Sqft
.62 Acre
2 Garages

The Waterfront Life- Fort Walton Beach presents an exceptional 4-bedroom, 4.5-bath estate, privately positioned on nearly ¾ of an acre at the end of a quiet dead-end street. From the moment you arrive, the grand circular drive and expansive covered front porch set the tone for this remarkable property. Inside, a sophisticated open-concept, split-bedroom design is framed by breathtaking bayou views, with the primary suite and main living spaces thoughtfully positioned to capture the water and spectacular sunsets. The gourmet kitchen was beautifully remodeled in 2024 and features a generous breakfast bar designed for effortless entertaining, complemented by a spacious eat-in area. The luxurious primary bath has also been recently updated, creating a serene private retreat.

Outside, an extraordinary waterfront lifestyle awaits. The resort-style saltwater pool is surrounded by an expansive paver deck and complemented by an outdoor cabana and pool house featuring a private gathering room and full bath--perfect for entertaining well into the evening. Boating enthusiasts will appreciate the impressive private dock, designed to accommodate up to three boats and a jet ski, complete with both a boat lift and jet ski lift, as well as a private boat launch and beach. A screened porch extends the entire length of the home, creating an exceptional outdoor living space where you can relax, entertain, and take in panoramic bayou views and stunning sunsets. NEW ROOF BEING INSTALLED!
Additional amenities include an oversized garage with dedicated HVAC, a full bath, and an indoor workshop, offering an exceptional combination of functionality and luxury. Every detail of this waterfront retreat has been designed to embrace the beauty of its setting while providing an unparalleled lifestyle of privacy, comfort, and effortless entertaining. This is more than a home--it is a private waterfront sanctuary where resort-style amenities, exceptional craftsmanship, and breathtaking natural beauty come together.

New seawall 2025

Essential Information
MLS® #1010610
Price$1,480,000
Bedrooms4
Bathrooms5.00
Full Baths4
Half Baths1
Square Footage2,577
Acres0.62
Year Built2005
TypeResidential
Sub-TypeDetached Single Family
StyleTraditional
StatusActive
Community Information
Address553 Cove Drive
Area12 - Fort Walton Beach
SubdivisionBELLA VISTA
CityFort Walton Beach
CountyOkaloosa
StateFL
Zip Code32547
Amenities
# of Garages2
ViewBayou
Is WaterfrontYes
WaterfrontBayou
Has PoolYes
PoolIn Ground
Utilities

Electric, Gas - Natural, Phone, Public Sewer, Public Water, TV Cable

Parking

Garage Door Opener, Boat, Oversized, Garage

Interior
HeatingCentral, Gas - Natural
CoolingCentral Air, Ceiling Fan(s)
# of Stories1
Interior Features

Central Vacuum, Breakfast Bar, Cathedral Ceiling(s), Fireplace, Kitchen Island, Recessed Lighting, Pantry, Split Bedroom, Walls Wainscoting, Washer/Dryer Hookup, Woodwork Painted

Appliances

Dishwasher, Disposal, Dryer, Freezer, Microwave, Refrigerator, Washer, Gas Water Heater

Exterior
RoofShingle
Exterior Features

Boatlift, Dock, Private Yard, Hurricane Shutters, Lawn Pump, Pool - Gunite Concrt, Sprinkler System, Rain Gutters

Lot Description

Bulkhead/Seawall, Curb & Gutter, Dead End, Interior Lot

Windows

Double Pane Windows, Storm Window(s), Window Treatments

Construction

Roof Pitched, Brick, Trim Vinyl

School Information
ElementaryShalimar
MiddlePryor
HighChoctawhatchee
Additional Information
ZoningResid Single Family
Listing Details
OfficeColdwell Banker Realty
Property History
Price Reduced from $1,500,000 to $1,480,000
Price Reduced from $1,599,000 to $1,500,000
Price Reduced from $1,650,000 to $1,599,000
LISTING MAP

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Listing information last updated on October 19th, 2026 at 2:37am CDT.