124 Indian Bayou Drive Destin, FL 32541
Listing Courtesy of: EMERALD COAST / Listed By: Keller Williams Realty Destin

  124 Indian Bayou Drive Destin, FL 32541

Active (53 Days)
$4,775,000 (USD)
5
BED
5
BATH
6,254
SQFT

Description

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.

MLS #:
999396
Taxes
$17,624(2025)
Lot Size
0.89 acres
Type
Single-Family Home
Year Built
1991
Style
Traditional
Views
Bayou, Bay
County
Okaloosa County

Listed By

Brian K Locicero, Keller Williams Realty Destin
Source
EMERALD COAST
Last checked Jun 8 2026 at 12:41 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 5
Interior Features
  • Kitchen Island
  • Breakfast Bar
  • Built-In Bookcases
  • Fireplace
  • Shelving
  • Washer/Dryer Hookup
  • Woodwork Painted
  • Guest Quarters
  • Newly Painted
  • Pantry
  • Ceiling Crwn Molding
  • Elevator
  • Ceiling Beamed
  • Lighting Recessed
  • Pull Down Stairs
  • Split Bedroom
  • Ceiling Tray/Cofferd
Kitchen
  • Auto Garage Door Opn
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Stove/Oven Gas
  • Dryer
  • Washer
  • Smoke Detector
  • Refrigerator W/Icemk
  • Cooktop
  • Freezer
  • Security System
  • Central Vacuum
  • Ice Machine
  • Water Heater - Elect
Subdivision
  • Indian Bayou
Lot Information
  • Covenants
  • Flood Insurance Req
  • Bulkhead/Seawall
Property Features
  • Fireplace: Fireplace
Heating and Cooling
  • Central Air
  • Ceiling Fans
Utility Information
  • Utilities: Public Water, Tv Cable, Electric, Gas - Natural, Phone, Underground
School Information
  • Elementary School: Destin
  • Middle School: Destin
  • High School: Destin
Garage
  • Garage
Parking
  • Boat
  • Garage
  • Oversized
Stories
  • 2
Location
   
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Disclaimer: Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 Emerald Coast Association of REALTORS Last Updated: 6/7/26 17:41
Vendor Number:29098