Single Family for Sale: 3730 Preserve Bay, Panama City, FL 32408

4 beds
5 full, 4 half baths
9473
$8,750,000
$8,750,000
3730 Preserve Bay, Panama City, FL 32408
4 beds
5 full, 4 half baths
9473
$8,750,000
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Price:
$8,750,000

Type Single Family
Style Mediterranean
Beds 4
Bathrooms 9
Square Footage 9,473 sqft
Lot Size 3.00 acres
Year Built 2007
Assoc Fee $1,302
Assoc Fee Freq Annually

City Panama City
County Bay
Subdivision Preserve On The Bay Ph I
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 is inspired by the classic Palladian Villas of the Veneto in Italy, this residence has an architectural integrity and authenticity rarely found in builds today. Architected by Philip Spann of Seagrove Beach and built by Cliff Myers, the home features cushion-cut marble walls, solid stone stairs with balusters crafted of marble, a custom cut marble compass rose inlay in the foyer, and a grand Schonbek Chandelier draped with crystals. The dining room reveals graduated Venetian plasterwork and a custom stone table crafted in Rome outside of the Vatican walls as a striking centerpiece.Every finish and selection throughout this property was carefully sourced and constructed: for example, 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 in motif. 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 great 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. A marble fountain at the entry of the residence carved and transported from Italy depicts figures from Greek mythology including the Chimera, a fire-breathing, three headed monster. Highlights of the rear yard entertaining spaces are a heated infinity pool with spa overlooking the bay, an outdoor air-conditioned kitchen, a firepit, and a shallow dock to the bay.
In addition to the spaces referenced, the property includes two guest suites in the main home, a detached carriage home and a four-car garage each connected to the main home by breezeways, and a generator room with gas generator. A fully integrated smart house, a Creston whole house lights and media system controls everything with tablets while monitored security cameras are installed on the exterior.

Lot & Building Features

Appliances Bar Fridge, Wine Refrigerator, Wine Cooler, Washer, Refrigerator, Range Hood, Microwave, Ice Maker, Gas Range, Freezer, Dryer, Double Oven, Disposal, Dishwasher
Association Amenities Gated
Style Mediterranean
Assoc Fee $1,302
Cooling Ceiling Fans, Electric, Central Air
Heating Geothermal
Parking Features Additional Parking, Paved, Oversized, Gated, Garage, Electric Gate, Driveway, Circular Driveway, Attached
Tax Year 2023
Lot Dimensions 387 x 455 x 284 x 500

Community and Schools

Elementary School Patronis
Junior High School Surfside
Senior High School Arnold

Map of 3730 Preserve Bay, Panama City, FL

Location Map Street View
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3730 Preserve Bay (MLS #765991) is a mediterranean single family home located in Panama City, FL. This single family home is 9,473 sqft and on a lot of 130,680 sqft (or 3.00 acres) with 4 bedrooms, 9 baths and is 17 years old. This property was listed on 12/09/2024 and has been priced for sale at $8,750,000.

Nearby zip codes are 32401, 32405 and 32407. This property neighbors other cities such as Panama City Beach.

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

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