3218 Bay Estates Circle, Miramar Beach

$10,000,000

5 Beds
8 Baths
7,020 Sqft
.47 Acres
4 Garages

Rare Bayfront Opportunity. Constructed with concrete and just 3 years young, this showpiece pairs resort-style amenities with a technology-forward, luxury interior and 112 feet of prime waterfront. Enjoy 7,020 sq ft of finished, heated/cooled space now, with an additional 2,955 sq ft pre-wired and plumbed for your ideal use and design.
Inside, it's all about scale, light, and livability. Twelve-foot ceilings, 4'x2' tile throughout, double staircases crowned by chandeliers, and three sets of 9' sliding glass doors framing the bay. A chef's kitchen that actually cooks features Wolf and Electrolux Commercial appliances and touchless faucets. Entertain guests in your climate-controlled, glass-enclosed wine cellar capable of holding more than 1,000 bottles of wine. The primary suite brings hotel-level luxury with dual oversized closets and a 13'x7' spa shower (multiple shower heads, integrated speakers) and a free-standing tub.
An oversized, storage-rich laundry room keeps life tidy. Whole-home conveniences include a central vacuum, security system with fire monitoring, full CCTV with motion detection, and a hidden concrete safe room with its own monitoring. Outdoor living is the headliner. A 1,435 sq ft 4-car garage anchors the motor court, while the covered summer kitchen brings the party: 42" commercial grill, commercial double burner, 60" Wolf hood with dual external vents, outdoor pizza oven (not built-in), 62" Arctic Air under-counter commercial refrigerator, NatureKast cabinetry, touchless faucet, wall-mounted Lava Aire fan/mister, Big Ass Fan, Hishizaki icemaker, and a 9'x4' island. Three remote screen enclosures open to a 50'x20' saltwater, ozone-filtered pool with water features, a 13'x16' spa with swim-in-place jet, commercial gas heater, two chillers, five in-pool barstools facing the bay, LED lighting, ten gas lanterns, a built-in fire pit, lounge seating (6 patio loungers + 2 pool loungers), two 70" outdoor TVs, Bose + Sonos audio, and a large storage room.
Your private waterfront playground. An oversized dock built with flow-through decking is specked for a future boat lift and includes a kayak deck, two 360-degree jet ski lifts, three ladder access points, perimeter uplighting, and full utilities--power, water, internet, and cameras--right on the dock. For added peace of mind, this home also features exterior perimeter security cameras, alarm system with fire monitoring, a solid concrete hidden safe room with CCTV camera systems, a cell tower, and a 48 KW Generac generator.

Essential Information
MLS® #1000082
Price$10,000,000
Bedrooms5
Bathrooms8.00
Full Baths5
Half Baths3
Square Footage7,020
Acres0.47
Year Built2023
TypeResidential
Sub-TypeDetached Single Family
StyleContemporary
StatusActive
Community Information
Address3218 Bay Estates Circle
Area15 - Miramar/Sandestin Resort
SubdivisionBURNT PINE
CityMiramar Beach
CountyWalton
StateFL
Zip Code32550
Amenities
# of Garages4
ViewBay
Is WaterfrontYes
WaterfrontBay
Has PoolYes
PoolHeated, In Ground
Utilities

Electric, Gas - Natural, Public Sewer, Public Water, TV Cable

Interior
HeatingGas - Natural
FireplaceYes
FireplacesEPA Qualified Fireplace
# of Stories2
Interior Features

Central Vacuum, Bookcases, Fireplace, In-Law Floorplan, Kitchen Island, Recessed Lighting, Pantry, Split Bedroom, Washer/Dryer Hookup

Appliances

Dishwasher, Disposal, Microwave, Double Oven, Tankless Water Heater

Exterior
RoofSlate
Exterior Features

Balcony, Boat Slip, Dock, Hot Tub, Sprinkler System, Separate Living Area, Outdoor Kitchen

Lot Description

Bulkhead/Seawall, Covenants, Flood Insurance Req, See Remarks, Survey Available, Within 1/2 Mile to Water

Windows

Plantation Shutters, Window Treatments

Construction

Concrete, ICFs (Insulated Concrete Forms), Stucco

School Information
ElementaryVan R Butler
MiddleEmerald Coast
HighSouth Walton
Additional Information
Days on Website5
ZoningResid Single Family
Listing Details
OfficeLPT Realty LLC
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Listing information last updated on April 12th, 2026 at 4:52am CDT.