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Land with Home for Sale in Panama City Beach, Florida

3730 Preserve Bay Blvd, Panama City Beach, FL 32408

$8,475,000
3 acres
Active sale
Est $50,498/mo

Perched on 380 feet of pristine West Bay waterfront along the Northwest Florida Gulf Coast, Villa Chimera is the most extraordinary luxury estate in Panama City Beach. Spanning 9,473 sq. ft. across three expansive lots, this 5BR/6BA/4HB masterpiece was authentically modeled after an Italian Venetian Palazzo -- designed by architect Philip Spann from hand-sketched owner drawings inspired by Renaissance master Andrea Palladio. Every finish was sourced from Italy or crafted by world-renowned artisans: a hand-carved Italian marble fountain, cushion-cut marble walls, Venetian silk upholstery, a Rome-crafted stone dining table, and a Renaissance fresco ceiling hand-painted by artist Jody Matokovich. This is not simply a Gulf Coast luxury home -- it is a one-of-a-kind legacy estate. The soaring foyer commands immediate attention with its grand Schonbek crystal chandelier, custom compass rose marble floor inlay, and solid stone staircase with marble balusters. The great room overlooking West Bay features a marble fireplace, limestone accents, and walls upholstered in Bevilacqua silk -- made in Venice and renowned worldwide. A media room with a theater-size projection screen and theatrical lighting flows seamlessly from the living space. The gourmet kitchen features Wolf and Sub-Zero appliances, a breakfast bar, separate bar area, and a fully equipped butler's pantry for effortless large-scale entertaining. All cabinetry was custom-designed by Design Galleria of Atlanta. The dining room centers around a custom stone table crafted in Rome outside the Vatican walls, beneath Venetian watermark plasterwork evoking centuries of Palazzo history. The second-level master suite is a private sanctuary with bay views, a columned balcony, and a hand-painted Renaissance fresco vault ceiling. Separate his-and-hers bathrooms each feature heated floors and double showers with body jets. A detached guest house -- connected by covered walkway -- includes a full kitchen, sitting area, private veranda, and full bath. Smart home living is delivered via a full Crestron system controlling all lighting, media, and security. Additional highlights: Kohler 100KW whole-house generator, all-copper plumbing, 4-car garage with wheelchair lift, whole-house central vacuum, monitored security cameras, LED lighting throughout, and all windows and exterior doors replaced post-Hurricane Michael. A rare and irreplaceable Florida Gulf Coast waterfront estate -- schedule your private showing today.

9,473
Sq feet
5
Beds
6
Full baths
4
1/2 baths
2007
Built

Location

Street address
3730 Preserve Bay Blvd
Zip code
32408
Community
Preserve On the Bay PH 1
Elevation
23 feet
Coordinates
30.1545, -85.7205

Directions

From Thomas Drive, Head East on Magnolia Beach Rd. Veer right onto Delwood Beach Rd, Turn left into The Preserve. Follow Preserve Blvd and bear right onto Preserve Bay Blvd. Take the first left. 3730 Preserve Bay Blvd.

Property details

Acreage
3 acres
Zoning
Resid Single Family
MLS #
ECARMLS 996848
Posted

Property taxes

2025
$46,896

Expenses

Homeowner Association Fee
$1,302 annually

Parcels

  • 31365-572-000

Legal description

Details and features

Listing

Type
Residential

Lot

Waterfront
Yes
Features
Cul-De-Sac, Within 1/2 Mile to Water

Exterior

Parking
Guest
Fencing
Back Yard, Fenced, Privacy
Pool
Patio
Features
BBQ Pit/Grill, Balcony, Columns, Fenced Back Yard, Hot Tub, Lawn Pump, Separate Living Area, Shower, Sprinkler System, Summer Kitchen

Structure

Stories
2
Sewer
Public Sewer
Heating
Geothermal
Cooling
Central Air
Windows
Window Treatments

Interior

Room Count
20
Rooms
Bathroom x 10, Bedroom x 5, Dining Room, Kitchen
Flooring
Carpet, Marble
Appliances
Auto Garage Door Opn, Central Vacuum, Dishwasher, Disposal, Dryer, Freezer, Ice Mac Hine, Intercom, Microwave, Range Hood, Refrigerator, Refrigerator w/ Ice Mk, Smoke Detector, Stove/Oven Gas, Washer, Wine Refrigerator
Accessibility
Accessible Elevator Installed
Features
Breakfast Bar, Ceiling Beamed, Ceiling Raised, Ceiling Tray/Cofferd, Ceiling Vaulted, Elevator, Fireplace, Fireplace 2+, Guest Quarters, Kitchen Island, Lighting Recessed, Pantry, Washer/Dryer Hookup, Wet Bar

Nearby schools

NameType
PatronisElementary
SurfsideMiddle
ArnoldHigh

Listing history

DateEventPriceChangeSource
Oct 15, 2026Relisted$8,475,000—ECARMLS
Oct 2, 2026Removed$8,475,000—Listing agent
Sept 26, 2026New listing$8,475,000—ECARMLS
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This 3-acre property is located at 3730 Preserve Bay Blvd in Panama City Beach, FL 32408. The property is available for sale, priced at $8,475,000. It has a 9,473 square foot 5-bedroom, 8-bath house built in 2007.

Listed by Watersound Real Estate, (850) 428-3002

Checked 2 hours agoUpdated Source

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