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Single family home for sale at 3730 Preserve Bay Blvd, Panama City, FL 32408 | MLS# 786845 | Listing updated on 2026-10-15
Photo 1 of Single family home for sale at 3730 Preserve Bay Blvd, Panama City, FL 32408 | MLS# 786845 | Listing updated on 2026-10-15
Photo 2 of Single family home for sale at 3730 Preserve Bay Blvd, Panama City, FL 32408 | MLS# 786845 | Listing updated on 2026-10-15
Photo 3 of Single family home for sale at 3730 Preserve Bay Blvd, Panama City, FL 32408 | MLS# 786845 | Listing updated on 2026-10-15
Photo 4 of Single family home for sale at 3730 Preserve Bay Blvd, Panama City, FL 32408 | MLS# 786845 | Listing updated on 2026-10-15
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$8,475,000

Monthly Est:$42,183

  • Beds Icon5 Beds
  • Beds Icon
    10 Baths
  • Beds Icon9,473sqft

3730 Preserve Bay Blvd, Panama City, FL 32408

$42,183/moEst:

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  • Single Family Residence

  • Built in 2007

  • $108.5/mo HOA

  • 3 acres lot

  • $895/sq.ft

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.

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.

  • Houzeo last checked: 8 minutes ago
  • Listing updated: October 15, 2026 at 8:52 pm
  • Listing Provided by: Amin Delawalla (850) 225-9899 DRE #3114659 | Watersound Real Estate (850) 231-6531
  • Source: Bay/Panama City/Central Panhandle MLS-FL | MLS#: 786845 Bay/Panama City/Central Panhandle MLS-FL

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    2

  • County

    Bay County

  • City

    Panama City

  • Neighborhood

    --

  • Year Built

    2007

  • HOA Fees

    $108.5/mo

  • Finished Area

    9,473 sqft

  • Lot Size

    3 acres lot

  • Basement Area

    - sqft

  • MLS Name

    Bay/Panama City/Central Panhandle MLS

  • MLS Number

    786845

  • MLS Status

    Active

  • Days on Market

    234

  • Cumulative Days on Market

    200

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Location

HOA Management

N/A

HOA Fees

$1,302/ Annually

Amenities

Amenities and services may be covered by one or multiple associations and service providers.

Security Guard Security Guard

Security Gate Security Gate

Other Other

SeeRemarks SeeRemarks

Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 5

    Bathrooms: 10

  • PrimaryBathroom

    Level: Second

    Area: 304.00 Square Feet

    Dimensions: 19 x 16

  • PrimaryBedroom

    Level: Second

    Area: 399.00 Square Feet

    Dimensions: 21 x 19

  • PrimaryBathroom

    Level: Second

    Area: 304.00 Square Feet

    Dimensions: 19 x 16

  • FullBath

    Level: Second

    Area: 153.00 Square Feet

    Dimensions: 17 x 9

  • Bedroom

    Level: Second

    Area: 288.00 Square Feet

    Dimensions: 18 x 16

  • FullBath

    Level: Second

    Area: 78.00 Square Feet

    Dimensions: 13 x 6

  • Office

    Level: Second

    Area: 300.00 Square Feet

    Dimensions: 20 x 15

  • Kitchen

    Level: First

    Area: 285.00 Square Feet

    Dimensions: 15 x 19

  • Garage

    Level: First

    Area: 1104.00 Square Feet

    Dimensions: 48 x 23

  • Kitchen

    Level: First

    Area: 54.00 Square Feet

    Dimensions: 9 x 6

  • Bedroom

    Level: First

    Area: 414.00 Square Feet

    Dimensions: 18 x 23

  • FullBath

    Level: First

    Area: 45.00 Square Feet

    Dimensions: 9 x 5

  • LivingRoom

    Level: First

    Area: 108.00 Square Feet

    Dimensions: 9 x 12

  • FullBath

    Level: First

    Area: 91.00 Square Feet

    Dimensions: 7 x 13

  • Bedroom

    Level: First

    Area: 240.00 Square Feet

    Dimensions: 15 x 16

  • MediaRoom

    Level: First

    Area: 306.00 Square Feet

    Dimensions: 18 x 17

  • GreatRoom

    Level: First

    Area: 925.00 Square Feet

    Dimensions: 37 x 25

  • Foyer

    Level: First

    Area: 384.00 Square Feet

    Dimensions: 16 x 24

  • DiningRoom

    Level: First

    Area: 320.00 Square Feet

    Dimensions: 16 x 20

  • Kitchen

    Level: First

    Area: 440.00 Square Feet

    Dimensions: 22 x 20

Interior

  • Appliances

    Bar Fridge, Gas Range, Ice Maker, Wine Cooler

  • Sewer

    Public Sewer

  • Cooling

    Central Air, Ceiling Fans

  • Interior Features

    Balcony, Coffered Ceilings, Double Vanity, Fireplace, Bath In Primary Bedroom, Sitting Area In Primary, Soaking Tub, Sauna, Separate Shower, Upper Level Primary, Walk In Closets, Entrance Foyer

  • Heating

    Geothermal

  • Exterior Features

    Barbecue, Patio, Outdoor Kitchen

Construction

  • Year Built

    Year Built: 2007

  • Home type

    Single Family Residence

  • Architectural Style

    Spanish Mediterranean

Utilities & Energy

  • Pool Features

    Gas Heat, In Ground, Private

  • Utilities

    Electricity Available

  • Association Amenities

    Other, See Remarks, Gated

  • Parking Features

    Additional Parking, Circular Driveway, Electric Gate, Gated, Paved

  • Security Features

    Gated With Guard, Gated Community, Twenty Four Hour Security, Security Fence, Security Guard, Security Lights, Security Gate, Security Service

Other Features

  • Community Features

    Waterfront, Barbecue, Gated

  • Lot Features

    Cul De Sac, Sprinkler System, Paved

  • Patio And Porch Features

    Balcony, Covered, Patio

  • Subdivision Name

    Preserve On The Bay Ph I

Price History

DateEventPrice

10/15/2026

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #786845

Listed for Sale

$8,475,000 -3.14%

$895/sqft

12/09/2024

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #765991

Off Market

$8,750,000

$924/sqft

12/09/2024

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #765991

Listed for Sale

$8,750,000

$924/sqft

Nearby Homes

Based on information from Central Panhandle Association of REALTORS® MLS through Nov 04, 2026, 11:30PM. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2026 Bay Central Panhandle Association of REALTORS®

Advertising Broker: Moe Mossa (Savvy Avenue) | Savvy Avenue, LLC

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