This stately Mediterranean styled three bedroom home has an outstanding location at 72 Terra Cotta Way in Destin. It is located in the lovely residential enclave of Terra Cotta Terrace tucked away off Scenic Highway 98 in Destin near the Miramar Beach town line. The gated access to the sugary white beach is just a short stroll away and the large community pool is very close by. The pool is surrounded by an expansive deck for sunning with convenient facilities that include showers, bathrooms, dressing rooms and even a sauna. The neighborhood also includes double tennis courts near the pool and an area set aside to play volleyball on a sugar white sand court.

This special location places resident’s minutes away from popular beachfront restaurants with friendly beach bars. Two of them, Captain Dave’s and the Crab Trap are within walking distance. It is also close to grocery stores, liquor wine outlets, shopping centers and delightful diversions found in Destin as well as Miramar Beach. These properties are highly suitable as primary residences and this is one of them. However some owners use them occasionally for vacations and rent them out the rest of the time for lucrative income using property management companies. It is a popular destination for residential vacation rentals due to its awesome locale and rental projections for some homes top $45,000 gross.

A rich paver tiled driveway leads up to the home past a square pillared entrance with low walls on each side which creates a privileged sense of privacy. A classically columned covered veranda spans across the upper story above a two car garage with individual doors. A white gate on the left side of the house opens to a landscaped paver walkway leading to another columned veranda with a balcony above it that serves as the formal entrance to this gracious home. The 1st floor contains a private guest bedroom, a bath and a separate den or office. A granite surfaced staircase leads upstairs where you find the main open living area and two other bedrooms. Every bedroom has access to a balcony or veranda. The luxurious spacious Master Bedroom has also includes a glass front gas fireplace flanked by columns and topped with an arched niche for a TV. A full en suite bath includes double vanities built into a chest with elegant oval mirrors above each one, a walk-in shower and a jetted spa tub. Another nice Guest Bedroom also has access to a balcony and bath.

The open living/dining/kitchen area has gleaming hardwood flooring, rich crown molding, another columned fireplace with an arched TV niche and a wall that includes two sets of windows that flank double glass doors that lead out to a veranda. The kitchen features a wraparound bar, cherry wood custom cabinetry and stainless steel appliances.

There is only one other home for sale in Terra Cotta Terrace listed at $384,000 with two bedrooms and 1,053 square feet which averages $364.67 per square foot. This 2,291 square foot home is listed at $599,999 coming in at only $261.89 per square foot. Contact 877-392-6085 for complete details and to schedule a tour today!

​This stately villa located at 52 Terra Cotta Way spaciously encompasses 3,364 square feet and includes four bedrooms along with four full baths. The lovely Terra Cotta Terrace residential enclave has a phenomenal location off Scenic Highway 98, embracing the Destin and Miramar Beach boundary. Residents are a short stroll from the gated neighborhood beach access and also enjoy a large freshwater community pool, twin tennis courts, and a sugar sand volleyball court. The pool has an expansive patio for sunny relaxation, showers, bathrooms, dressing rooms, and a sauna. 

​Homeowners and their guests love this highly sought after locale close to popular gulf front restaurants, friendly beach bars, grocery stores, wine outlets, specialty shops, and abundant amusements in Miramar Beach. Many homeowners here place their properties on lucrative vacation rental programs. Gross rentals for comparable vacation homes in Terra Cotta Terrace total about $1,750 per week during the winter and over $6,100 in the summer. This home comes beautifully furnished, so it is ready for turnkey residence or vacation rental.

​The regal residence is three stories tall with multiple columned balconies front and back where you may relax over drinks while enjoying gulf breezes. Recent remodeling has been completed that includes new stone and hardwood flooring. Lush landscaping frames the house in the front with a ground-level two-car garage. One of the four bedrooms is on this level with private, spacious apartment-like guest quarters that features a kitchen, counter bar, sitting area, and private bath. 

​An outdoor staircase gracefully ascends to a second-floor entry where you are immediately impressed with the two-story foyer, stone flooring, and a decorative wrought iron railed staircase that sweeps up to the top-level suites. Ten-foot ceilings throughout the home provide an extra spacious look. The second floor includes an open Great Room with gleaming maple toned hardwood flooring, a limestone encased fireplace, a quadruple set of glass doors leading to a furnished balcony and a double set of doors leading to a side balcony. The living area has creamy white furnishings and a dining table nearby with six elegant chairs. Four more may be seated on raised café styled chairs at an open, angled bar that faces the state of the art kitchen with brushed stainless steel appliances, granite-topped counters, milk chocolate-colored custom cabinetry, and a richly tiled backsplash.

​The Master Bedroom and two very spacious Guest Bedrooms on the upper level are comfortably furnished and well-appointed. The Master Suite has a king-sized bed, a sitting area, and individual access to double balconies. Its luxury bath is nautically attired with white cabinetry, blue-tiled surfaces, individual vanities, a soaking tub, and a walk-in shower.

​This home is well priced at $684,900, which is only $205.60 per square foot. There is only one other home currently for sale at Terra Cotta Terrace, which has two bedrooms and 1,053 square feet priced at $384,900 - coming in at $365.52 per square foot. 

Contact us today for a friendly, detailed consultation, a complimentary Comparative Market Analysis, and important professional rental data.