124 Indian Bayou Drive, Destin, FL 32541
Local realty services provided by:CENTURY 21 AllPoints Realty
124 Indian Bayou Drive,Destin, FL 32541
$4,775,000
- 5 Beds
- 5 Baths
- 6,254 sq. ft.
- Single family
- Active
Listed by: brian k locicero
Office: keller williams realty destin
MLS#:999396
Source:FL_ECAR
Price summary
- Price:$4,775,000
- Price per sq. ft.:$763.51
About this home
Rare 70'+ yacht-ready waterfront estate with dual deep-water slips in Indian Bayou. Welcome to 124 Indian Bayou Drive, an exceptional opportunity to own a waterfront estate at the mouth of Indian Bayou with sweeping Choctawhatchee Bay views. This yacht-ready residence offers nearly an acre homesite and approximately 158 feet of deep-water frontage, ideal for serious boaters and coastal lifestyle seekers. Hurricane-rated windows and French doors frame striking bayou and bay vistas from almost every room, setting the tone for refined waterfront living. This is a boater's paradise. The private mini marina features two lifts and two protected deep-water slips: one accommodating yachts over 70 feet and another for vessels up to 45 feet. Relax waterside while watching dolphins, sunsets, and the ever-changing colors over the bay. The rare sandy shoreline is ideal for paddleboard and kayak launches, creating an easy on-the-water lifestyle right from your backyard. No other Destin home so seamlessly combines panoramic bay and bayou views with yacht moorings, a private marina, expansive estate grounds, and iconic Southern architecture.
Step inside to a luxurious, thoughtfully updated interior. The gourmet kitchen showcases illuminated, floor-to-ceiling glass-fronted cabinetry, granite countertops, a large breakfast bar, and expansive bay windows framing serene views of the water and pool. This space is perfect for both culinary artistry and effortless entertaining. The living area, sunroom, and primary suite all open onto a classic Southern-style back porch and gazebo, creating seamless indoor-outdoor living.
The newly refinished saltwater pool and pavered deck are enhanced by fiber-optic lighting, offering an enchanting ambiance for evening gatherings and waterside events. From casual family time to cocktail parties under the stars, the outdoor spaces are designed for year-round enjoyment. Gentle bay breezes, wide open water views, and lush landscaping complete the resort-style setting.
Along with the primary suite, there are two additional bedrooms and bathrooms on the main level, providing comfortable accommodations for family or guests. The layout is ideal for single-level everyday living while still offering excellent separation of spaces. Elegant finishes and timeless architectural details create a warm, welcoming atmosphere throughout the home.
Access the versatile lower level by elevator or stairs to discover a true retreat. Here you'll find an in-law suite and an entertainment suite, plus two more bedrooms, two bathrooms, and a three-car garage that can be stacked for up to eight cars. This level is designed for flexible living--ideal for a gym, lounge, storage, or showcasing a prized car collection. A whole-house generator provides uninterrupted comfort and peace of mind.
Situated within the desirable Indian Bayou golf community in the heart of Destin, this home offers the perfect blend of family-friendly living and resort-style luxury. Residents enjoy proximity to a premier semi-private golf course, top-rated schools, shopping, dining, and the sugar-white beaches of the Emerald Coast. This address truly delivers the ultimate coastal lifestyle in one of Destin's most established neighborhoods.
Experience the Emerald Coast lifestyle at its finest--schedule your private tour of 124 Indian Bayou Drive and discover why this rare waterfront estate stands apart among Destin's finest bayfront homes. Make this yacht-ready sanctuary your next legacy property....
Contact an agent
Home facts
- Year built:1991
- Listing ID #:999396
- Added:57 day(s) ago
- Updated:June 12, 2026 at 02:46 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:5
- Full bathrooms:5
- Rooms Total:14
- Kitchen Description:Central Vacuum, Cooktop, Dishwasher, Disposal, Freezer, Ice Machine, Microwave, Refrigerator, Refrigerator/Icemaker, Stove/Oven Gas
- Living area:6,254 sq. ft.
Heating and cooling
- Central air:Yes
Structure and exterior
- Year built:1991
- Building area:6,254 sq. ft.
- Lot area:0.89 Acres
- Lot Features:Covenants
- Architectural Style:Traditional
- Exterior Features:BBQ Pit/Grill, Boat Slip, Boatlift, Dock, Fenced Area, Hurricane Shutters, Lawn Pump, Pavillion/Gazebo, Shower, Sprinkler System
Schools
- High school:Destin
- Middle school:Destin
- Elementary school:Destin
Utilities
- Water:Public Water
Finances and disclosures
- Price:$4,775,000
- Price per sq. ft.:$763.51
- Tax amount:$17,624 (2025)
Features and amenities
- Appliances:Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Refrigerator w/Ice Maker, Stove/Oven Gas, Washer
- Laundry features:Dryer, Washer
- Amenities:Breakfast Bar, Built-In Bookcases, Elevator, Guest Quarters, Kitchen Island, Pantry
Parking
- Garage:Yes
- Garage spaces:8
New listings near 124 Indian Bayou Drive
- New
$1,089,000Active4 beds 3 baths2,768 sq. ft.4722 Seastar Vista, Destin, FL 32541
MLS# 1003014Listed by: CINDY COLE FINE HOMES LLC - New
$299,000Active-- beds 1 baths471 sq. ft.775 Gulf Shore Drive #8231, Destin, FL 32541
MLS# 1005312Listed by: THE REALTY EXPERIENCE AT AXEN REALTY - New
$1,173,000Active4 beds 3 baths2,293 sq. ft.3893 Sand Dune Court, Destin, FL 32541
MLS# 1005321Listed by: EMERALD COAST VACATION RENTALS & SALES - New
$1,400,000Active4 beds 4 baths3,395 sq. ft.284 Champion Court, Destin, FL 32541
MLS# 1005305Listed by: SCENIC SOTHEBY'S INTERNATIONAL REALTY - New
$3,200,000Active5 beds 4 baths4,315 sq. ft.662 Harbor Boulevard #1040, Destin, FL 32541
MLS# 1005294Listed by: DESTIN REAL ESTATE - New
$359,000Active2 beds 2 baths970 sq. ft.4203 Indian Bayou Trail #11004, Destin, FL 32541
MLS# 1005298Listed by: BRIX REALTY - Open Sat, 2 to 5pmNew
$230,000Active2 beds 1 baths850 sq. ft.710 Legion Drive #B5, Destin, FL 32541
MLS# 1005059Listed by: COLDWELL BANKER REALTY - New
$975,000Active3 beds 3 baths2,605 sq. ft.423 Maritime Court, Destin, FL 32541
MLS# 1005215Listed by: COMPASS - New
$897,700Active3 beds 3 baths2,086 sq. ft.770 Harbor Boulevard #UNIT 1G, Destin, FL 32541
MLS# 1005285Listed by: THE KETCHERSID GROUP LLC - New
$5,000,000Active5 beds 6 baths5,454 sq. ft.601 Magnolia Drive, Destin, FL 32541
MLS# 2150147Listed by: PENINSULA PROPERTIES REALTY INC