3730 Preserve Bay Boulevard, Panama City Beach, FL 32408

New Listing
$8,750,000
Property Type: Residential Bedrooms: 5 Baths: 10 Square Footage: 9,473 Lot Size (sq. ft.): 130,680 Status: Active
Current Price: $8,750,000 List Date: 3/04/2026 Last Modified: 3/04/2026

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.

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.

More Information MLS# 996848

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 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
Listing Office: Christies International Real Estate Emerald Coast
Last Updated: March - 04 - 2026
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