4505 Sawgrass Way, Destin

$2,425,000

0 Bed
0 Bath
.48 Acre
0 Garage

Rare Bay front homesite in Kelly Plantation - A Once-in-a-Lifetime Opportunity!
We are proud to present one of the last remaining Bay front homesites from the original Kelly Plantation master plan--located within one of Destin's most prestigious gated golf and tennis communities. This is the one of the last available waterfront lots ideally positioned on a quiet cul-de-sac along Sawgrass Way and surrounded by beautifully crafted luxury homes.
This exceptional property offers breathtaking, unobstructed views of the Choctawhatchee Bay without interference from the Mid-Bay Bridge. It provides the perfect canvas to design and build your custom dream home, tailored entirely to your vision and lifestyle. With 102 feet of direct Bay frontage, the homesite can accommodate a substantial estate residence in the range of 4,000 to 6,500 square feet (subject to HOA guidelines). A new vinyl seawall, that is currently being completed by a licensed marine contractor at a cost of approximately $50,000, further enhances the property's value and readiness for development.
Kelly Plantation is renowned for its lush landscaping, natural beauty, and world-class amenities, including:

* A neoclassical-style clubhouse
* A 18-hole championship golf course
* Resort-style swimming pool and fitness center
* Five tennis courts
* Four pickle ball courts
* Scenic walking and biking trails, parks, and bay front boardwalks
Residents enjoy 24-hour gated security and a serene, nature-rich environment, all while being conveniently located in the heart of Destin. The community offers direct access to the bay, perfect for boating, kayaking, fishing, and dolphin watching.
Just across Highway 98, you'll find Destin's famous emerald-green waters and white sandy beaches,along with premier shopping, dining and entertainment at nearby Destin Commons. The airport is also just a short drive away, making travel effortless.
Opportunities like this are exceptionally rare. Secure your place in one of Destin's most sought-after communities and create a legacy waterfront home that will be treasured for generations.

Essential Information
MLS® #998586
Price$2,425,000
Acres0.48
TypeLand
Sub-TypeUnimproved Land
StatusActive
Community Information
Address4505 Sawgrass Way
Area14 - Destin
CityDestin
CountyOkaloosa
StateFL
Zip Code32541
Subdivision

KELLY PLANTATION S/D PH 2 , Lot 3 Blk J

Amenities
ViewBay, Bayou
Is WaterfrontYes
WaterfrontBay, Seawall
Utilities

Electric, Phone, Public Sewer, Public Water, Sewer Available, TV Cable, Underground, Gas Available

Lot Description

Bulkhead/Seawall, Coastal Setback, Covenants, Cul-De-Sac, Flood Insurance Req, Interior Lot, Level, Restrictions, Survey Available, Within 1/2 Mile to Water, Wooded

School Information
ElementaryDestin
MiddleDestin
HighDestin
Zoning

Deed Restrictions, Resid Single Family

Listing Details
OfficeThe Mary Stephens Team
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Vendors Member Number : 28325

Listing information last updated on October 15th, 2026 at 7:22am CDT.