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.
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