About This Home

This 5-bedroom, 10-bathroom single family at 3730 Preserve Bay Boulevard in Panama City, FL is listed for $8,475,000 ($895 per sqft). Built in 2007, the home offers 9,473 sqft of living space on a 3.00 acres lot.

Key Features

  • Built in 2007
  • 3.00 acre lot
  • 2 stories
  • Private pool
  • Fireplace
  • Waterfront

Property Details

2 stories
6 full, 4 half
4-car garage
2007

Amenities

PoolFireplaceWaterfrontViewA/C
Listing Description

Perched on 380 feet of pristine West Bay waterfront along the Northwest Florida Gulf Coast, Villa Chimera is the most extraordinary luxury estate in Panama City Beach. Spanning 9,473 sq. ft. across three expansive lots, this 5BR/6BA/4HB masterpiece was authentically modeled after an Italian Venetian Palazzo -- designed by architect Philip Spann from hand-sketched owner drawings inspired by Renaissance master Andrea Palladio.

Every finish was sourced from Italy or crafted by world-renowned artisans: a hand-carved Italian marble fountain, cushion-cut marble walls, Venetian silk upholstery, a Rome-crafted stone dining table, and a Renaissance fresco ceiling hand-painted by artist Jody Matokovich.

This is not simply a Gulf Coast luxury home -- it is a one-of-a-kind legacy estate. The soaring foyer commands immediate attention with its grand Schonbek crystal chandelier, custom compass rose marble floor inlay, and solid stone staircase with marble balusters.

The great room overlooking West Bay features a marble fireplace, limestone accents, and walls upholstered in Bevilacqua silk -- made in Venice and renowned worldwide. A media room with a theater-size projection screen and theatrical lighting flows seamlessly from the living space.

The gourmet kitchen features Wolf and Sub-Zero appliances, a breakfast bar, separate bar area, and a fully equipped butler's pantry for effortless large-scale entertaining. All cabinetry was custom-designed by Design Galleria of Atlanta. The dining room centers around a custom stone table crafted in Rome outside the Vatican walls, beneath Venetian watermark plasterwork evoking centuries of Palazzo history.

The second-level master suite is a private sanctuary with bay views, a columned balcony, and a hand-painted Renaissance fresco vault ceiling. Separate his-and-hers bathrooms each feature heated floors and double showers with body jets. A detached guest house -- connected by covered walkway -- includes a full kitchen, sitting area, private veranda, and full bath.

Smart home living is delivered via a full Crestron system controlling all lighting, media, and security. Additional highlights: Kohler 100KW whole-house generator, all-copper plumbing, 4-car garage with wheelchair lift, whole-house central vacuum, monitored security cameras, LED lighting throughout, and all windows and exterior doors replaced post-Hurricane Michael. A rare and irreplaceable Florida Gulf Coast waterfront estate -- schedule your private showing today.

Monthly Cost Estimate

$46,628/mo

20% down · 6.5% · 30 years

Principal$6,129
Interest$36,725
Insurance$2,472
HOA$1,302

Estimates only. Actual payments may vary.

Location

3730 Preserve Bay Boulevard

Panama City, FL 32408

Preserve On The Bay Ph I

Features & Amenities

Interior Features

BalconyCofferedCeilingsDoubleVanityFireplaceBathInPrimaryBedroomSittingAreaInPrimarySoakingTubSaunaSeparateShowerUpperLevelPrimaryWalkInClosetsEntranceFoyer

Exterior Features

BarbecuePatioOutdoorKitchen

Property Details

Views

Water

Pool Features

Pool

Outdoor Features

Patio

Parking

GatedDriveway

Heating

Geothermal (Heating)

Cooling

Ceiling Fan(s)Central Air

Appliances

BarFridgeGasRangeIceMakerWineCooler

Questions & Answers

This 5-bedroom, 10-bathroom single family at 3730 Preserve Bay Boulevard is listed at $8,475,000 ($895/sqft). The estimated monthly payment is $46,628 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $1302/month.

Key features include: Built in 2007, 3.00 acre lot, 2 stories, Private pool, Fireplace, Waterfront. Interior Features: Balcony, CofferedCeilings, DoubleVanity. Exterior Features: Barbecue, Patio, OutdoorKitchen.

This property is listed by Amin Delawalla.

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Amin Delawalla

License 3114659

Agent at St. Joe Community Sales Inc-Watersound

Listed by St. Joe Community Sales Inc-Watersound · Broker phone: (850) 534-2100 · View on Broker Site

MLS# 786845· Source: Central Panhandle Association of REALTORS· 244 days on PropertySimple

Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3730 Preserve Bay Boulevard, Panama City, FL 32408

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