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Residential Land with Home for Sale in Mary Esther, Florida

721 W Miracle Strip Pkwy, Mary Esther, FL 32569

$3,000,000
2.79 acres
Active
$425k drop
Est $16,749/mo

Tucked away on 2.75 acres along the Santa Rosa Sound, this stately waterfront estate offers an extraordinary combination of privacy, deep water access and breathtaking views of the barrier islands and the gulf. A 600-foot oak-lined driveway leads to this impressive 5,120-square-foot Old Chicago brick home, where timeless elegance meets the beauty of the Intracoastal Waterway. With 150 feet of private sandy beach and deep water frontage, this property provides unparalleled access to the water. Whether launching a kayak, paddleboard or jet ski right from your backyard or simply enjoying the serenity of the water from the verandas, this is a retreat like no other. Inside, architectural details abound. Crystal chandeliers, imported mahogany millwork, and soaring 25-ft. ceilings frame a home built for both grandeur and comfort. A wall of windows in the main living area captures stunning water views, while three fireplaces add warmth and charm. The primary suite is a private sanctuary, complete with a fireplace, balcony and an opulent dressing area. A library with a wet bar offers a quiet escape, and the kitchen is equipped with designer Sub-Zero and Thermador appliances, including warming and refrigeration drawers. Outdoor living is equally remarkable with covered porches, open patios and a separate artist studio, all set against the backdrop of sweeping waterfront vistas. The gated entrance and long paver driveway enhance the estate's exclusivity. For those seeking a private deepwater retreat, this property offers an unparalleled lifestyle. Alternatively, its expansive acreage presents an exceptional development opportunity, with potential for multiple waterfront homesites and additional residences with water access. Whether as a grand estate or an exclusive residential enclave, this Mary Esther property is a rare and remarkable find.

5,769
Sq feet
3
Beds
4
Full baths
1979
Built

Location

Street address
721 W Miracle Strip Pkwy
Community
Gulfview
Elevation
13 feet
Coordinates
30.4084, -86.6804

Directions

East of Hurlburt; South of Miracle Strip Pkwy;

Property details

Acreage
2.79 acres
MLS #
PAR 661060
Posted

Parcels

  • 172S241100000B0280

Resources

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

Waterfront
Waterfront

Exterior

Parking Spaces
10
Parking
Boat, Driveway, Garage, Guest

Structure

Style
New Traditional
Stories
2
Heating
Fireplace(s)

Interior

Rooms
Bathroom x 4, Bedroom x 3

Nearby schools

NameLevelDistrictDescription
Local School in CountyElementary
Local School in CountyMiddle
Local School in CountyHigh

Listing history

DateEventPriceChangeSource
June 23, 2025Price drop$3,000,000$425,000 -12.4%PAR
June 2, 2025Price drop$3,425,000$50,000 -1.4%PAR
Mar 20, 2025New listing$3,475,000PAR
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This 2.79-acre property is located at 721 W Miracle Strip Pkwy in Mary Esther, FL 32569. The property is available for sale for $3,000,000. It has a 5,769 sq ft 3 bedroom, 4 bath house built in 1979.

Checked 10 mins ago — Updated

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