3730 Preserve Bay Boulevard Panama City Beach, FL 32408 MLS# 996848 5 beds | 10 baths | 9473 sqft
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Property 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.
Details
Contract Info
Listing Board: Emerald Coast
List Price/SqFt: 923.68
List Date: 2026-03-03
Current Price: $8,750,000
List Price: $8,750,000
Location, Tax and Legal
Sub Area: 2719 - Beach - East
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Legal Description: Preserve On The Bay Phase I Lots 72, 73 & 74 Less Beg Ne Cor Of Lot 75 Th N82w 2.83', N22e 1.914', S44e 2.981' To Pob Orb 4399 P 732
General Property Info
Sub-Type: Detached Single Family
Design: Tuscan
SqFt Source: County PA Records
Immediate Occupancy: Yes
Garage: Yes
Carport: No
Driveway Spaces: 20
Pool: Yes
Pool Type: Private
Apx SqFt(Htd/Cooled): 9473
Bedrooms: 5
Full Baths: 6
Half Baths: 4
Total Bathrooms: 10
# Stories: 2
Year Built: 2007
Garage Spaces: 4
Acreage: 3
Listing Info, Tax & Legal
Homestead: No
Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 1302
Annual Assessment Amount: 1302
Assessment Paid: Annually
New Buyer Fee: Yes
New Buyer Fee Amt: 1302.96
New Buyer Fee Paid: $
Last Taxes: 46895.76
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: No
Remarks & Misc
Remarks: 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.
Waterfront
Bay: 1
Waterfront Feet: 387
Construction Status
Construction Complete: 1
Parking Features
Garage Attached: 1
Guest: 1
Waterview
Bay: 1
Gulf: 1
Lot/Parcel Access
Controlled Access: 1
Paved Road: 1
Private Road: 1
Lot Features
Cul-De-Sac: 1
Within 1/2 Mile to Water: 1
Project Facilities
Gated Community: 1
Short Term Rental - Not Allowed: 1
Waterfront: 1
Utilities
Electric: 1
Gas - Natural: 1
Public Sewer: 1
Public Water: 1
Zoning
Resid Single Family: 1
Exterior
Balcony: 1
BBQ Pit/Grill: 1
Columns: 1
Fenced Back Yard: 1
Fenced Lot-All: 1
Fenced Privacy: 1
Guest Quarters: 1
Hot Tub: 1
Lawn Pump: 1
Patio Covered: 1
Patio Open: 1
Pool - Heated: 1
Pool - In-Ground: 1
Separate Living Area: 1
Shower: 1
Sprinkler System: 1
Summer Kitchen: 1
Interior
Breakfast Bar: 1
Ceiling Beamed: 1
Ceiling Raised: 1
Ceiling Tray/Cofferd: 1
Ceiling Vaulted: 1
Elevator: 1
Fireplace: 1
Fireplace 2+: 1
Fireplace Gas: 1
Floor Marble: 1
Floor WW Carpet: 1
Furnished - Some: 1
Guest Quarters: 1
Kitchen Island: 1
Lighting Recessed: 1
Pantry: 1
Washer/Dryer Hookup: 1
Wet Bar: 1
Window Treatment All: 1
Appliances
Auto Garage Door Opn: 1
Central Vacuum: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Freezer: 1
Ice Machine: 1
Intercom: 1
Microwave: 1
Range Hood: 1
Refrigerator: 1
Refrigerator W/IceMk: 1
Smoke Detector: 1
Stove/Oven Gas: 1
Washer: 1
Wine Refrigerator: 1
Energy
AC - Central Elect: 1
Ceiling Fans: 1
Geothermal: 1
Mstr Bdrm/Mstr Bath
MBath Cultured Mrble: 1
MBath Double Vanity: 1
MBath Dressing Area: 1
MBath Garden Tub: 1
MBath Sauna/Steam: 1
MBath Separate Shwr: 1
MBed Balcony: 1
MBed Carpeted: 1
MBed Fireplace: 1
MBed Sitting Area: 1
MBed Trey Ceiling: 1
MBed Walk-in Closet: 1
MBed Waterfront: 1
Master Bedroom
Second: 1
Bedroom
First: 1
Second: 1
Kitchen
First: 1
Living Room
First: 1
Full Bathroom
First: 1
Second: 1
Rooms
Bedroom: 1
Dining Room: 1
Foyer: 1
Full Bathroom: 1
Garage: 1
Great Room: 1
Kitchen: 1
Living Room: 1
Master Bathroom: 1
Master Bedroom: 1
Media Room: 1
Office: 1
Fees Include
Security: 1
Status Change Info
Status: Active
Location Tax and Legal
Area: 27 - Bay County
Street #: 3730
Street Name: Preserve Bay
Street Suffix: Boulevard
State: FL
Zip Code: 32408
County: Bay
Project Name/Subdivision: PRESERVE ON THE BAY PH 1
Parcel ID: 31365-572-000
Property Features
Construction Status: Construction Complete
Lot Features: Cul-De-Sac; Within 1/2 Mile to Water
Zoning: Resid Single Family
Waterfront: Bay
Waterview: Bay; Gulf
Parking Features: Garage Attached; Guest
Project Facilities: Gated Community; Short Term Rental - Not Allowed; Waterfront
Exterior: Balcony; BBQ Pit/Grill; Columns; Fenced Back Yard; Fenced Lot-All; Fenced Privacy; Guest Quarters; Hot Tub; Lawn Pump; Patio Covered; Patio Open; Pool - Heated; Pool - In-Ground; Separate Living Area; Shower; Sprinkler System; Summer Kitchen
Appliances: Auto Garage Door Opn; Central Vacuum; Dishwasher; Disposal; Dryer; Freezer; Ice Machine; Intercom; Microwave; Range Hood; Refrigerator; Refrigerator W/IceMk; Smoke Detector; Stove/Oven Gas; Washer; Wine Refrigerator
Utilities: Electric; Gas - Natural; Public Sewer; Public Water
Energy: AC - Central Elect; Ceiling Fans; Geothermal
Master Bedroom: Second
Bedroom: First; Second
Kitchen: First
Living Room: First
Full Bathroom: First; Second
Rooms: Bedroom; Dining Room; Foyer; Full Bathroom; Garage; Great Room; Kitchen; Living Room; Master Bathroom; Master Bedroom; Media Room; Office
Fees Include: Security
Supplements
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.
Room Information
Room Name
Level
Dimensions
Length
Width
Remarks
Dimensions
Kitchen
First
22 x 20
22.00
20.00
Wet Bar Area 15 x 25
22 x 20
Dining Room
First
16 x 20
16.00
20.00
16 x 20
Foyer
First
16 x 24
16.00
24.00
26+ foot ceiling
16 x 24
Great Room
First
37 x 25
37.00
25.00
37 x 25
Media Room
First
18 x 17
18.00
17.00
18 x 17
Bedroom
First
15 x 16
15.00
16.00
Southernly facing
15 x 16
Full Bathroom
First
7 x 13
7.00
13.00
6x5 closet, 6x6 dressing area, 6x3 shower
7 x 13
Living Room
First
9 x 12
9.00
12.00
In Guest House
9 x 12
Full Bathroom
First
9 x 5
9.00
5.00
In Guest House, 10x4 closet, 4x5 shower
9 x 5
Bedroom
First
18 x 23
18.00
23.00
In Guest House
18 x 23
Kitchen
First
9 x 6
9.00
6.00
In Guest House
9 x 6
Garage
First
48 x 23
48.00
23.00
16 foot ceiling
48 x 23
Kitchen
First
15 x 19
15.00
19.00
Covered and Air Conditioned Outdoor Kitche
15 x 19
Office
Second
20 x 15
20.00
15.00
5th bedroom in the house
20 x 15
Full Bathroom
Second
13 x 6
13.00
6.00
Ensuite by Office
13 x 6
Bedroom
Second
18 x 16
18.00
16.00
Southernly facing
18 x 16
Full Bathroom
Second
17 x 9
17.00
9.00
17 x 9
Master Bathroom
Second
19 x 16
19.00
16.00
His Bath with Master Bedroom
19 x 16
Master Bedroom
Second
21 x 19
21.00
19.00
33x8 Covered balcony facing the Bay
21 x 19
Master Bathroom
Second
19 x 16
19.00
16.00
Her Bath with Master Bedroom
19 x 16
Listing Office: Christies International Real Estate Emerald Coast