Back 4518 Olde Plantation Pl
Off Market

4518 Olde Plantation Pl

Destin FL 32541

5
6
3
7027 sq. ft.
35719.2 sq. ft.
Single-Family
Last sold for $5,500,000
Spears GroupSpears Group, last sold this property on 10 July 2025 after 233 days on market.

Overview

Finely appointed and beautifully remodeled with professional design by Duce & Co, this prestigious estate is located within the gates of Kelly Plantation and is the epitome of luxury living; the ultimate playground for water enthusiasts situated on 145 feet of majestic western facing bayou vistas featuring a newly built 80' state of the art deep water boat slip. Thoughtfully reimagined by Duce & Co, this regal residence boasts brilliant design details, an expansive open floor plan, and a custom-tailored dock featuring an 80-foot deep water boat slip with additional pontoon slip, as well as jet ski slips. With 145 feet of bayou frontage on wide, deep water, this home offers unparalleled access to Destin's vibrant waterways and the luckiest fishing village on earth! This rare opportunity combines elegance and functionality, situated on a lot graced with mature live oaks and magnolias, and newly installed tropical modern landscaping that accentuates its impressive architectural facade. From the moment of arrival, the stunning brick paver circular drive and porte-cochère set a tone of sophistication, leading to custom designed solid wood entry doors that open into a grand foyer with double height ceiling. Inside, the home's refined craftsmanship is immediately apparent, with soaring 23-foot ceilings in the living room, a dramatic newly minted solid marble fireplace, and an adjoining formal dining room perfect for hosting guests. The wood clad study/library exudes timeless charm with custom-built shelving. The luxurious primary wing is a private retreat, featuring a spacious waterfront bedroom, two large walk-in closets, and a spa-inspired bath complete with a soaking tub, a large double vanity, a private water closet, and a walk-in shower. The heart of the home unfolds in the open concept living area, where a large casual dining space flows into the fully renovated chef's kitchen. The kitchen dazzles with custom cabinetry, gleaming stone countertops, an expansive breakfast bar, a walk-in pantry, and premium Viking appliances, including a gas cooktop and double dishwashers anchored in the oversized center island. Adjacent is the leisure room, where sliding glass pocket doors open at a 45-degree angle to seamlessly connect indoor and outdoor living. Designed for entertaining and family living, the property includes two ensuite guest rooms on the main level, a generously sized laundry center, and a second-floor media room, complete with a 100" + big screen television and finely appointed luxury recliners. Upstairs, there are two additional ensuite bedrooms and a 12.5' x 29' heated and cooled storage room as well as a glass railed balcony for soaking in the bayou vistas at sunset. Throughout the home, exquisite touches abound, from deep crown molding and custom floors to designer lighting and thoughtful lighting detail & finishes, reflecting unparalleled attention to craft. The outdoor living area is a private oasis, featuring a newly built summer kitchen, a massive resort style pool with a tranquil water feature, and a private dock equipped with boat slips and watercraft lifts. Designed to accommodate a large 80' vessel, the dock provides seamless access to the open bay just three lots away, making it a short ride to Crab Island, Destin Harbor, and the Gulf of Mexico. For peace of mind, the property includes a generator access. Fully renovated, this home is a true masterpiece offering waterfront living at its finest. If you're seeking an unparalleled combination of elegance, functionality, and access to world-class boating, golfing, white sand beaches as well as the world class restaurants and shopping nearby, this Kelly Plantation residence is your ultimate destination. Reach out to us today for more information.

Features

5 bedrooms
6 bathrooms
3 carspaces
3 garage spaces
7027 sq. ft. floor area
35719.2 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 5 bedroom single-family properties sold in Destin over the last 12 months, the estimated median property value of 4518 Olde Plantation Pl is $1.66m.

Median value
$1.66m
Estimated value range
$407k - $5.75m
Median days on market
104
Estimated value trend
-13%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Destin. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 4518 Olde Plantation Pl

2025
Sold
$5,500,000
10 Jul 2025 by Spears Group, of Compass
2022
Sold
$3,800,000
27 May 2022 by Jason Pressly, of Coldwell Banker Realty
2018
Sold
$3,100,000
15 Mar 2018

Happy sellers in Destin

60%
60% of sellers in Destin reported that their sale price either exceeded or met their price expectations.

Destin stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 14 reviews in Destin over the last 12 months.

Local market activity for 5 bedroom single-family properties in Destin

In the last 12 months, 46 five-bedroom single-family properties similar to 4518 Olde Plantation Pl, have been sold.

This represents a 58% decrease in five-bedroom single-family properties sales when compared to the previous 12 months.

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