
Land with Home for Sale in Panama City Beach, Florida
3730 Preserve Bay Blvd, Panama City Beach, FL 32408
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.
Location
- Street address
- 3730 Preserve Bay Blvd
- County
- Bay County
- Zip code
- 32408
- Community
- Preserve On the Bay PH 1
- Elevation
- 23 feet
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
Preserve On The Bay Phase I Lots 72, 73 & 74 Less Beg Ne Cor Of Lot 75 Th N82w 2.83', N22e 1.914', S44e 2.981' To Pob Orb 4399 P 732
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
| Name | Type |
|---|---|
| Patronis | Elementary |
| Surfside | Middle |
| Arnold | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 15, 2026 | Relisted | $8,475,000 | — | ECARMLS |
| Oct 2, 2026 | Removed | $8,475,000 | — | Listing agent |
| Sept 26, 2026 | New listing | $8,475,000 | — | ECARMLS |

































































































