Listing Board: Emerald Coast
List Price/SqFt: 923.68
List Date: 2026-03-03
Current Price: $8,750,000
List Price: $8,750,000
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
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
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: 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.
Bay: 1
Waterfront Feet: 387
Garage Attached: 1
Guest: 1
Controlled Access: 1
Paved Road: 1
Private Road: 1
Cul-De-Sac: 1
Within 1/2 Mile to Water: 1
Gated Community: 1
Short Term Rental - Not Allowed: 1
Waterfront: 1
Electric: 1
Gas - Natural: 1
Public Sewer: 1
Public Water: 1
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
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
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
AC - Central Elect: 1
Ceiling Fans: 1
Geothermal: 1
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
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
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
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
Interior: Breakfast Bar; Ceiling Beamed; Ceiling Raised; Ceiling Tray/Cofferd; Ceiling Vaulted; Elevator; Fireplace; Fireplace 2+; Fireplace Gas; Floor Marble; Floor WW Carpet; Furnished - Some; Guest Quarters; Kitchen Island; Lighting Recessed; Pantry; Washer/Dryer Hookup; Wet Bar; Window Treatment All
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
Room Information
Kitchen
Level: First
Dimensions: 22 x 20
Length: 22.00
Width: 20.00
Remarks: Wet Bar Area 15 x 25
Dimensions: 22 x 20
Dining Room
Level: First
Dimensions: 16 x 20
Length: 16.00
Width: 20.00
Dimensions: 16 x 20
Foyer
Level: First
Dimensions: 16 x 24
Length: 16.00
Width: 24.00
Remarks: 26+ foot ceiling
Dimensions: 16 x 24
Great Room
Level: First
Dimensions: 37 x 25
Length: 37.00
Width: 25.00
Dimensions: 37 x 25
Media Room
Level: First
Dimensions: 18 x 17
Length: 18.00
Width: 17.00
Dimensions: 18 x 17
Bedroom
Level: First
Dimensions: 15 x 16
Length: 15.00
Width: 16.00
Remarks: Southernly facing
Dimensions: 15 x 16
Full Bathroom
Level: First
Dimensions: 7 x 13
Length: 7.00
Width: 13.00
Remarks: 6x5 closet, 6x6 dressing area, 6x3 shower
Dimensions: 7 x 13
Living Room
Level: First
Dimensions: 9 x 12
Length: 9.00
Width: 12.00
Remarks: In Guest House
Dimensions: 9 x 12
Full Bathroom
Level: First
Dimensions: 9 x 5
Length: 9.00
Width: 5.00
Remarks: In Guest House, 10x4 closet, 4x5 shower
Dimensions: 9 x 5
Bedroom
Level: First
Dimensions: 18 x 23
Length: 18.00
Width: 23.00
Remarks: In Guest House
Dimensions: 18 x 23
Kitchen
Level: First
Dimensions: 9 x 6
Length: 9.00
Width: 6.00
Remarks: In Guest House
Dimensions: 9 x 6
Garage
Level: First
Dimensions: 48 x 23
Length: 48.00
Width: 23.00
Remarks: 16 foot ceiling
Dimensions: 48 x 23
Kitchen
Level: First
Dimensions: 15 x 19
Length: 15.00
Width: 19.00
Remarks: Covered and Air Conditioned Outdoor Kitche
Dimensions: 15 x 19
Office
Level: Second
Dimensions: 20 x 15
Length: 20.00
Width: 15.00
Remarks: 5th bedroom in the house
Dimensions: 20 x 15
Full Bathroom
Level: Second
Dimensions: 13 x 6
Length: 13.00
Width: 6.00
Remarks: Ensuite by Office
Dimensions: 13 x 6
Bedroom
Level: Second
Dimensions: 18 x 16
Length: 18.00
Width: 16.00
Remarks: Southernly facing
Dimensions: 18 x 16
Full Bathroom
Level: Second
Dimensions: 17 x 9
Length: 17.00
Width: 9.00
Dimensions: 17 x 9
Master Bathroom
Level: Second
Dimensions: 19 x 16
Length: 19.00
Width: 16.00
Remarks: His Bath with Master Bedroom
Dimensions: 19 x 16
Master Bedroom
Level: Second
Dimensions: 21 x 19
Length: 21.00
Width: 19.00
Remarks: 33x8 Covered balcony facing the Bay
Dimensions: 21 x 19
Master Bathroom
Level: Second
Dimensions: 19 x 16
Length: 19.00
Width: 16.00
Remarks: Her Bath with Master Bedroom
Dimensions: 19 x 16