Active

3730 Preserve Bay Boulevard

Panama City Beach FL, 32408

$8,995,000


$949.54 per sqft

Active

5 Beds

8 Baths

9,473 sqft

Residential

Built in 2007

Priced to Sell, Just Reduced $980k! Perched on 3 large lots with 380 feet of water-frontage on the West Bay waters of the Northwest Florida Gulf Coast, this home, dubbed the ''Villa Chimera'', evokes an imperial aura. Inspired by the classic Palladian Villas of the Veneto in Italy, this residence was years in the making from planning, to design, to construction and boasts an architectural integrity and authenticity rarely found in builds today. The owner studied the style of Renaissance architect Andrea Palladio for several years in Italy before seeking out a local architect capable of bringing their vision to life. Widely considered the most notable architect in history, Palladio's work influenced architecture worldwide for centuries, therefore the owner's request was not a simple proposition. They ultimately selected Philip Spann; an architect based in Seagrove Beach who worked on plans for two years based off the hand sketched drawings of the owner.The regal foyer sets the tone for what lies within the home with its cushion cut marble walls, solid stone stairs with balusters crafted of marble, a custom cut marble compass rose inlay in the floor, and a grand Schonbek Chandelier draped with crystals. Just off the foyer, a look into the dining room reveals graduated Venetian plaster walls designed to appear like the many walls of Venetian Palazzos stained from the rising tides of the lagoon over the centuries. A custom stone table crafted in Rome outside of the Vatican walls is a striking centerpiece.Every finish and selection throughout this property was carefully sourced and constructed to create an accurate representation of a Venetian Palazzo from minor to major elements. The walls in the great room are upholstered in silk made in Venice by the Bevilacqua Family, famous internationally for their intricate fabrics. The millwork has a hand applied strie to replicate the authentic woodwork of the time. The doorknobs throughout the home are all handcrafted by Baltica with each knob related to all the others. When a material could be sourced from Italy or abroad, it was, giving this home an unparalleled purity of design.This unique and deliberate customization continues throughout all the rooms of the residence with marble and limestone accents in the grand living room overlooking the bay. At the heart of the room, find a stunning marble fireplace and note the millwork crafted from individual blocks, perfectly aligned by artisan woodworkers. A media room adjacent to the living room serves as a cozy space to unwind with wood paneled walls and a custom movie theatre size screen with theatre-style lights.This home has welcomed many guests through its doors for festivities of all types over the years, and the ease of entertaining is evident in the gourmet kitchen with Wolf and Sub-Zero appliances, a breakfast bar, and a separate bar area. A butler's pantry with additional appliances, storage, and more provides convenience for preparing all the necessities of large-scale soirees.As likely anticipated, the second level master suite is suitable for royalty with separate his and hers bathrooms, closets, and offices. The sleeping quarters include gorgeous bay views along with a private columned balcony. Artist Jody Matokovich hand painted the Groin Vault on the ceiling of the bedroom with a style influenced by the frescos of the Renaissance. Each master bathroom offers heated floors and double showers with jets while one is centered around a stunning free-standing bathtub. In addition, the suite includes an exercise room with sauna and a vault plus safe room with ventilation.Not to be overshadowed by the interiors, the outdoor spaces of the Villa Chimera are equally enchanting. A towering iron gate secures the property which features over 3 beautifully landscaped acres and 380 feet of waterfront on West Bay.

735991

MLSⓇ ID

January 5, 2023

Listed

March 27, 2024

Updated

Map

3730 Preserve Bay Boulevard
Panama City Beach FL, 32408

Interior Features

Total Stories

2


Bedrooms

5 Beds


Bathrooms

8 Baths


Interior Features

Beamed Ceilings, Wet Bar, Breakfast Bar, Open Beams/Beamed Ceailings, Coffered Ceiling(s), Elevator, Fireplace, High Ceilings, In-Law Floorplan, Kitchen Island, Pantry, Recessed Lighting, Sauna, Vaulted Ceiling(s), Entrance Foyer


Appliances

Bar Fridge, Double Oven, Dryer, Dishwasher, Freezer, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Range Hood, Wine Cooler, Wine Refrigerator, Washer


Floor Description

Carpet, Marble


Fireplace

Yes


Fireplace Description

Gas


Cooling

Yes


Cooling Description

Central Air, Ceiling Fan(s), Electric


Heating

Yes


Heating Description

Geothermal

Exterior/Building Features

Lot Size

3 Acres


Exterior Features

Balcony, Columns, Hot Tub/Spa, Sprinkler/Irrigation, Outdoor Grill, Outdoor Kitchen, Outdoor Living Area, Pool, Storage


Lot Features

Cul-De-Sac, Waterfront


Architectual Style

Spanish/Mediterranean


Sewer

Public Sewer

School Information

High School

Arnold


Elementary School

Patronis

Other Property Details

Area Name

03 - Bay County - Beach


Taxes

$23,909


Tax Frequency

Annually


Days on Market

424


Association Fee

$1,303


Association Amenities

Gated


Garage

Yes


Garage Spaces

4


Parking

Additional Parking, Attached, Circular Driveway, Driveway, Electric Gate, Garage, Guest, Gated, Oversized, Paved


View

Yes


View Description

Bay, Intercoastal


County

Bay


Water Source

Public


Pool

Yes


Pool Features

Gas Heat, In Ground, Pool


Waterfront

Yes


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

3/27/2024

Price Change

$8,995,000

-8%

1/28/2024

Price Change

$9,725,000

-3%

 

Courtesy of Berkshire Hathaway HomeServices Beach Properties of Florida, Amin Delawalla,
Listing Contact: (850) 225-9899 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Salty Marlin Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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