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3730 Preserve Bay Boulevard

Panama City, FL 32408

$8,750,000 $36,890/Mo

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Overview

Bed

Bath

Acres(Lot)

Description

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 soarin g 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.

Property Details

Property Type : Residential

Price : $8,750,000

AD Id : 76164119

MLS Id : 786845

Beds : 5

Lot Size : 3 Acres

Year Built : 2007

Garage : 4

County : Bay

Subdivision: Vero Beach Highlands Unit

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 5

Bathroom Information

Total Baths: 10 Full Baths: 6 Half Baths: 4

Room Information

Rooms Total: 20
Interior Features

Balcony, CofferedCeilings, DoubleVanity, Fireplace, BathInPrimaryBedroom, SittingAreaInPrimary, SoakingTub, Sauna, SeparateShower, UpperLevelPrimary, WalkInClosets, EntranceFoyer

Appliances: BarFridge, GasRange, IceMaker, WineCooler
Heating & Cooling

Has Heating: Yes Heating: Geothermal Has Cooling: Yes Cooling: CentralAir, CeilingFans Water front: 1

Building Information

Year Built: 2007

Building Area Total: 9473

Stories: 2

Patio And Porch Features: Balcony, Covered, Patio

Pool Features: GasHeat, InGround, Private

Private Pool: Yes

Water front Features: Bayfront,IntracoastalAccess

View: Bay, Intercoastal, Water
Exterior Features

Exterior Features: Barbecue, Patio, OutdoorKitchen

Lot Information

Lot Dimensions: 387 x 455 x 284 x 500 Main Square Feet: 3 Lot Size Acres: 3 Lot Size Square Feet: 130,680 Lot Description: CulDeSac,SprinklerSystem,Paved

Property Information

Subdivision: Preserve On The Bay Ph I Source Property Type: Residential MLS Area Minor: 0319 - Beach - East Zoning Description: Resid Single Family Property SubType: Single Family Residence Levels: Two Property Age: 19

Listing Price Information

Listing Price: $8750000

Tax Information

Parcel Number: 31365-572-000 Tax Year: 2025 Annual Tax: $46896 Tax Legal Desc: 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

Virtual Tour

Virtual Tour (External Link)

Parking Information

AdditionalParking, CircularDriveway, ElectricGate, Gated, Paved

Garage Information

Has Garage: Yes Has Attached Garage: Yes Garage Space: 4

Homeowners Association Information

Has Association: Yes

Association Amenities: Other, SeeRemarks, Gated

Community Features: Waterfront, Barbecue, Gated

School Information

Elementary School: Patronis Junior High School: Surfside Senior High School: Arnold
Utility Information

ElectricityAvailable
Location Information

Direction: 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. Security Features: GatedWithGuard,GatedCommunity,TwentyFourHourSecurity,SecurityFence,SecurityGuard,SecurityLights,SecurityGate,SecurityService

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
3511 Cottage Cove Lane, Panama City, FL, 32408	$599,000	4	3	--
3513 Cottage Cove Lane, Panama City, FL, 32408	$599,000	4	3	--
3620 Woods Lane, Panama City, FL, 32408	$579,900	3	2	--
3539 Sanctuary Drive, Panama City, FL, 32408	$796,900	5	4	--
3561 Sanctuary Drive, Panama City, FL, 32408	$848,000	4	4	--
3541 Sanctuary Drive, Panama City, FL, 32408	$699,900	4	3	2,255	2,255 SqFt
124 Legend Lakes Drive, Panama City, FL, 32408	$925,000	4	3	--
100 Legend Lakes Drive, Panama City, FL, 32408	$814,900	3	2	--
4100 Marriott Drive #208, Panama City, FL, 32408	$449,900	2	2	--
4100 Marriott Drive #UN.., Panama City, FL, 32408	$1,200,000	4	5	--

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ByOwner last updated this listing 06/18/2026 @ 16:26

MLS: 786845 LISTED BY: Amin Delawalla, Christies International Real Estate Emerald Coast 850-213-2800 SOURCE: CPAR