Tucked behind the gates of Regatta Bay, this custom Destin retreat was designed for the buyer who wants luxury without compromise. A home that feels elevated, private, and built for the way people actually want to live on the Emerald Coast. From the moment you enter, the home delivers a warm, refined atmosphere with soaring ceilings, rich architectural detail, natural light throughout, and seamless indoor-outdoor flow. The open-concept design was made for entertaining, whether hosting friends around the chef's kitchen, opening the living space to the resort-style pool area, or enjoying quiet evenings after a day on the water or golf course. The kitchen anchors the home with premium finishes, custom cabinetry, quartz countertops, high-end appliances, and an oversized island that naturally becomes the center of the home. The main living areas feel both sophisticated and comfortable, blending luxury finishes with an inviting coastal warmth that is difficult to find in newer construction today. The primary suite offers a true private retreat with spa-inspired finishes, generous space, and direct access to the outdoor living area. Additional guest suites provide flexibility for family, entertaining, or working remotely while maintaining privacy throughout the layout. Outside, the backyard was designed to feel like a private resort. The pool, covered outdoor living space, and lush tropical surroundings create an atmosphere that feels worlds away while still being minutes from Destin's beaches, boating, dining, shopping, and entertainment. Located inside one of Destin's premier gated golf communities, Regatta Bay offers a lifestyle centered around convenience, luxury, and recreation with golf, tennis, walking trails, and close proximity to the marina and Gulf waters. This is more than just a beautiful home. It's a rare opportunity to own a refined coastal retreat in one of Destin's most desirable communities.
Single-familyProperty Type
2020Year Built
$473Price/Sq.Ft.
$500/moHOA Dues
Listed by Wheeler Sauls Collective• Salty Marlin Realty
Regatta Bay, located between Choctawhatchee Bay and the Emerald Coast Parkway (US-98), is a gated and golf-centered Destin neighborhood with a marina setting and a master-planned streetscape. The neighborhood’s character concentrates at the Regatta Bay Golf & Yacht Club clubhouse, where the course, practice greens, and bayside docks set a polished, outdoors-forward rhythm. Architecture leans coastal contemporary with stucco facades, arched entries, and palm-lined drives framing lake and fairway views. Days track from tee times to paddle-ready water access, with sidewalks and cul-de-sacs shaping a calm, private feel. Nearby anchors like Destin Commons, The Track, and Henderson Beach State Park add shopping, classic roadside fun, and dune-backed shoreline.
Provided by Walk Score and Local Logic
Market insights
257 Moonlit Way · $1,635,000
DAYS ON MARKET
559 days
The average home goes pending in 68 days.
SALE-TO-LIST
98.0%
Most homes are selling 2% below list price.
LIST PRICE
$1,635,000
Median list price in this area is $381,318. (77% lower than this home)
PRICE DROP
6 price drops
21% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Breakfast bar
Beamed ceilings
Kitchen island
Recessed lighting
Pantry
Washer/dryer hookup
Wet bar
Plantation shutters
Gas fireplace
Bedrooms
4 bedrooms total
Master bedroom on second floor
Additional bedrooms located on first and second floors
Bathrooms
5 bathrooms total (4 full, 1 half)
Kitchen
Cooktop
Double oven
Range hood
Microwave
Dishwasher
Refrigerator
Laundry & utility
Washer/dryer hookup
Flooring
Hardwood
Tile
Heating & cooling
Central heating (natural gas)
Central air conditioning
Ceiling fans
Electric heat control
Exterior features
Balcony
Private yard
In-ground gunite/concrete pool
Covered and open patios
Screened porch
Within 1/2 mile to water
Covenants and restrictions
Dead-end/private road access
Sidewalks
Home design
Pueblo architectural style
2 stories
Built in 2020
Parking
Attached garage
Golf cart garage
Security
Gated community
Construction
Brick and stucco with wood trim and cement fiberboard siding
Utilities
Public water
Public sewer
Electric service
Natural gas available
HOA & community
Homeowners association
HOA covers grounds maintenance, recreational facilities, and security
Fees include accounting, grounds keeping, recreational facilities, security, and master association services
Other
Community amenities: boat launch, fishing, marina, picnic area, playground, pool, tennis courts, pickleball, golf
Electricity and solar
View estimated energy costs and solar savings for this home
Tucked behind the gates of Regatta Bay, this custom Destin retreat was designed for the buyer who wants luxury without compromise. A home that feels elevated, private, and built for the way people actually want to live on the Emerald Coast. From the moment you enter, the home delivers a warm, refined atmosphere with soaring ceilings, rich architectural detail, natural light throughout, and seamless indoor-outdoor flow. The open-concept design was made for entertaining, whether hosting friends around the chef's kitchen, opening the living space to the resort-style pool area, or enjoying quiet evenings after a day on the water or golf course. The kitchen anchors the home with premium finishes, custom cabinetry, quartz countertops, high-end appliances, and an oversized island that naturally becomes the center of the home. The main living areas feel both sophisticated and comfortable, blending luxury finishes with an inviting coastal warmth that is difficult to find in newer construction today. The primary suite offers a true private retreat with spa-inspired finishes, generous space, and direct access to the outdoor living area. Additional guest suites provide flexibility for family, entertaining, or working remotely while maintaining privacy throughout the layout. Outside, the backyard was designed to feel like a private resort. The pool, covered outdoor living space, and lush tropical surroundings create an atmosphere that feels worlds away while still being minutes from Destin's beaches, boating, dining, shopping, and entertainment. Located inside one of Destin's premier gated golf communities, Regatta Bay offers a lifestyle centered around convenience, luxury, and recreation with golf, tennis, walking trails, and close proximity to the marina and Gulf waters. This is more than just a beautiful home. It's a rare opportunity to own a refined coastal retreat in one of Destin's most desirable communities.
ECAR #952535
Jun 17, 2024
Listed
$1,650,000
$477/sq ft
ECAR #918725
Feb 18, 2024
Price Changed
$1,650,000
$477/sq ft
Dec 31, 2023
Relisted
—
Oct 13, 2023
Price Changed
$1,695,000
$490/sq ft
Sep 20, 2023
Relisted
—
Mar 13, 2023
Relisted
—
Mar 12, 2023
Delisted
—
Mar 12, 2023
Listed
$1,650,000
$477/sq ft
ECAR #892254
Sep 9, 2022
Delisted
—
Sep 8, 2022
Listing Removed
—
Aug 16, 2022
Price Changed
$1,675,000
$484/sq ft
Aug 16, 2022
Price Changed
$1,675,000
$484/sq ft
May 3, 2022
Price Changed
$1,695,000
$490/sq ft
May 3, 2022
Price Changed
$1,695,000
$490/sq ft
Mar 1, 2022
Listed
$1,795,000
$519/sq ft
Mar 1, 2022
Listed
$1,795,000
$519/sq ft
CPARMLS #698386
Jun 3, 2020
Sold
$1,230,447
$356/sq ft
Jun 8, 2018
Listed
$1,228,300
$355/sq ft
NAMLS #800622
Jun 3, 2020
Sold
$1,230,477
$356/sq ft
Jun 3, 2020
Sold
$1,230,477
$356/sq ft
May 1, 2020
Pending
—
Feb 14, 2020
Price Changed
$1,228,300
$355/sq ft
Jan 23, 2020
Listed
$1,279,200
$370/sq ft
Jun 8, 2018
Listed
$1,228,300
$355/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$10,755 (+2.8%)
2024
$10,458 (+2.1%)
2023
$10,239 (+2.1%)
2022
$10,028 (−0.3%)
2021
$10,062 (+616.0%)
2020
$1,405 (−1.5%)
$131,786 + $811,130
$942,916
2019
$1,427 (+0.6%)
$125,511
2018
$1,418
$123,050
Public record
Public record
Zoning
Beds
4
Baths
5
Stories
2
Lot width
—
Lot depth
—
Lot size
7,305 Sq. Ft.
Year renovated
2020
Finished Sq. Ft.
3,460
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,460
Year built
2020
Style
Single Family Residential
County
Okaloosa County
APN
002S22210400000160
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 10, 2026.
R-2
Residential-2 District
The purpose of the residential-2 R-2 and suburban residential SR districts is to provide areas for medium density residential housing, and to provide for certain non-residential uses that contribute to the comfort and convenience of the district.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Infrastructure
Mixed use
Educational/school
Recreation
Golf related
Park & open space
Climate risks
6/10 Flood Factor
Estimated 62-76% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 103° expected this year, 23 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Destin, FL • 32541
Average low and high temperatures (°F)
59
44
66
52
71
58
76
65
81
71
87
77
90
80
89
78
86
74
80
66
73
60
64
50
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
100/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 257 Moonlit Way
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $900,000 and $1,600,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $900K to $1.6M.