Features & Amenities

Interior

  • Other Interior Features

    Tray Ceiling(s), Pantry

  • Total Bedrooms

    5

  • Bathrooms

    3

  • 1/2 Bathrooms

    1

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Central, Natural Gas, Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    3

  • Construction Materials

    Stucco

  • Other Exterior Features

    Boat Slip, Dock, Private Yard

  • Parking

    Garage Door Opener, Golf Cart Garage, Oversized, RV Access/Parking, Garage

  • Patio and Porch Features

    Deck, Patio, Porch, Covered, Screened

  • Pool

    Yes

  • Pool Features

    In Ground, Vinyl

  • Waterfront YN

    YES

Area & Lot

  • Lot Features

    Waterfront

  • Lot Size(acres)

    0.5

  • Lot Size(square feet)

    21,780

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Traditional

Price

  • Sales Price

    $1,450,000

  • Tax Amount

    $14,762.43

  • Zoning

    Resid Single Family

  • Sq. Footage

    3,100

  • Price/SqFt

    $467

HOA

  • Association

    YES

  • Association Fee

    $252

  • Association Fee Frequency

    Annually

  • Association Fee Includes

    N/A

School District

  • Elementary School

    Destin

  • Middle School

    Destin

  • High School

    Fort Walton Beach

Property Features

  • New Construction

    NO

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Location

County

Okaloosa

Elementary School

Destin

Middle School

Destin

High School

Fort Walton Beach

Listing Courtesy of Caroline on the Coast, Berkshire Hathaway HomeServices

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One of the most compelling waterfront values on deep water in all of Destin, and it shows zero signs of compromise. Tucked inside the beloved Indian Bayou neighborhood, this 5-bedroom, 3.5-bath beauty delivers 3,100 square feet of coastal living with a saltwater pool, private dock, and genuine deep-water access, all at a price point that stands out in today's Destin market.
The layout is made for real life. An open kitchen with granite countertops flows into the living and dining areas, so the conversation never stops when you come in from the water. The owner's suite overlooks the bayou for peaceful wake-ups every morning. Two side-by-side guest rooms on the main level can easily function as a secondary primary suite, great for multigenerational families or guests who want their own space. A bonus room adds flexibility for a home office, media room, or bunk room.
Outside is where this home earns its price. A saltwater pool with a new liner, covered patio, and a private dock with boat slip sitting on deep water. You're 15 minutes from the Gulf through East Pass, with Crab Island, Destin Harbor, and world-class fishing right from your backyard. The oversized garage fits an RV, a rare find anywhere on the Emerald Coast. The location is the kind buyers don't find twice. Golf cart to the beach. Minutes to HarborWalk Village, Destin Commons, championship golf, and every restaurant and shop the Destin lifestyle has to offer. Indian Bayou means low HOA fees, an established

138 W Country Club Drive

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Experience the perfect blend of elegance, privacy, and resort-style living in this beautifully designed Mediterranean residence located within the highly sought-after gated community of Destiny East. Offering 5 bedrooms, 4.5 bathrooms, and approximately 3,821 square feet of thoughtfully designed living space, this exceptional home is perfectly suited as a luxury primary residence, second home, or income-producing vacation rental.

Currently operating on a successful vacation rental program, the property offers an outstanding opportunity for buyers seeking both lifestyle and investment potential in one of Destin's premier gated beach communities.

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3586 Waverly offers a rare opportunity to own a highly versatile coastal property that combines strong rental performance, private resort-style amenities, and an exceptional beach lifestyle within the gated community of Destin Pointe. Designed for buyers seeking a balance of personal enjoyment and investment potential, the home delivers the flexibility to enjoy as a private retreat while also capitalizing on the area's consistent vacation rental demand -- all while offering an easier ownership experience than many properties with direct Gulf-front exposure. Already demonstrating impressive income potential, the property currently has $95,801 in rental income on the books for 2026 as of May 2026, reinforcing its strong appeal among vacation guests and repeat visitors alike. Several features help distinguish 3586 Waverly within the Destin Pointe market, including a private pool, elevator access, walkability to the beach, and a layout well-suited for multigenerational use and larger groups. The converted garage serves as a dedicated game and entertainment space with additional sleeping accommodations, enhancing both guest experience and rental flexibility. Inside, the home was thoughtfully designed for comfort, privacy, and gathering. The main level features three ensuite bedrooms, providing an ideal setup for hosting multiple families or guests while maintaining privacy throughout the home. Upstairs, vaulted ceilings and expansive windows create a bright and inviting living space centered around the kitchen, dining, and entertaining areas, all filled with natural light and peaceful views. Every floor offers balcony access, creating seamless indoor-outdoor living and multiple opportunities to enjoy the coastal setting. The screened porch overlooking the pool adds another layer to the ownership experience -- offering a shaded retreat for outdoor dining, relaxing after the beach, or conveniently storing beach gear between outings. Owners and guests enjoy access to the extensive amenities of Destin Pointe, including gated beach access, two community pools -- including a zero-entry Gulf-front pool -- hot tubs, tennis courts, shuffleboard, scenic walking paths, and the privacy and security of one of Destin's most desirable gated beach communities.More than simply a beach home, 3586 Waverly offers a lifestyle-driven ownership opportunity centered around flexibility, comfort, entertainment, and long-term enjoyment in the heart of Destin.
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New on site today
Deepwater Boat Slip!
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MLS#: 1011320

New on site today
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1080 U.S. 98 401

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MLS#: 1011280

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