3730 Preserve Bay Boulevard, Panama City Beach, FL 32408

$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

Overview

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 m ...

Listing Details MLS# 996848

Contract Info

List Price/SqFt
923.68
Listing Board
Emerald Coast

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

General Property Info

Sub-Type
Detached Single Family
Design
Tuscan
Apx SqFt(Htd/Cooled)
9473
SqFt Source
County PA Records
Full Baths
6
Half Baths
4
Total Bathrooms
10
# Stories
2
Year Built
2007
Immediate Occupancy
Yes
Garage
Yes
Carport
No
Garage Spaces
4
Driveway Spaces
20
Acreage
3
Pool
Yes
Pool Type
Private

Waterfront

Waterfront Feet
387
Bay
Yes

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

More Information

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.

Construction Status

Construction Complete
Yes

Parking Features

Garage Attached
Yes
Guest
Yes

Waterview

Bay
Yes
Gulf
Yes

Lot/Parcel Access

Controlled Access
Yes
Paved Road
Yes
Private Road
Yes

Lot Features

Cul-De-Sac
Yes
Within 1/2 Mile to Water
Yes

Project Facilities

Gated Community
Yes
Short Term Rental - Not Allowed
Yes
Waterfront
Yes

Utilities

Electric
Yes
Gas - Natural
Yes
Public Sewer
Yes
Public Water
Yes

Zoning

Resid Single Family
Yes

Exterior

Balcony
Yes
BBQ Pit/Grill
Yes
Columns
Yes
Fenced Back Yard
Yes
Fenced Lot-All
Yes
Fenced Privacy
Yes
Guest Quarters
Yes
Hot Tub
Yes
Lawn Pump
Yes
Patio Covered
Yes
Patio Open
Yes
Pool - Heated
Yes
Pool - In-Ground
Yes
Separate Living Area
Yes
Shower
Yes
Sprinkler System
Yes
Summer Kitchen
Yes

Interior

Breakfast Bar
Yes
Ceiling Beamed
Yes
Ceiling Raised
Yes
Ceiling Tray/Cofferd
Yes
Ceiling Vaulted
Yes
Elevator
Yes
Fireplace
Yes
Fireplace 2+
Yes
Fireplace Gas
Yes
Floor Marble
Yes
Floor WW Carpet
Yes
Furnished - Some
Yes
Guest Quarters
Yes
Kitchen Island
Yes
Lighting Recessed
Yes
Pantry
Yes
Washer/Dryer Hookup
Yes
Wet Bar
Yes
Window Treatment All
Yes

Appliances

Auto Garage Door Opn
Yes
Central Vacuum
Yes
Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Freezer
Yes
Ice Machine
Yes
Intercom
Yes
Microwave
Yes
Range Hood
Yes
Refrigerator
Yes
Refrigerator W/IceMk
Yes
Smoke Detector
Yes
Stove/Oven Gas
Yes
Washer
Yes
Wine Refrigerator
Yes

Energy

AC - Central Elect
Yes
Ceiling Fans
Yes
Geothermal
Yes

Mstr Bdrm/Mstr Bath

MBath Cultured Mrble
Yes
MBath Double Vanity
Yes
MBath Dressing Area
Yes
MBath Garden Tub
Yes
MBath Sauna/Steam
Yes
MBath Separate Shwr
Yes
MBed Balcony
Yes
MBed Carpeted
Yes
MBed Fireplace
Yes
MBed Sitting Area
Yes
MBed Trey Ceiling
Yes
MBed Walk-in Closet
Yes
MBed Waterfront
Yes

Master Bedroom

Second
Yes

Bedroom

First
Yes
Second
Yes

Kitchen

First
Yes

Living Room

First
Yes

Full Bathroom

First
Yes
Second
Yes

Rooms

Bedroom
Yes
Dining Room
Yes
Foyer
Yes
Full Bathroom
Yes
Garage
Yes
Great Room
Yes
Kitchen
Yes
Living Room
Yes
Master Bathroom
Yes
Master Bedroom
Yes
Media Room
Yes
Office
Yes

Fees Include

Security
Yes

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

Room Name Level Dimensions Length Width Remarks
Kitchen First 22 x 20 22.00 20.00 Wet Bar Area 15 x 25
Dining Room First 16 x 20 16.00 20.00
Foyer First 16 x 24 16.00 24.00 26+ foot ceiling
Great Room First 37 x 25 37.00 25.00
Media Room First 18 x 17 18.00 17.00
Bedroom First 15 x 16 15.00 16.00 Southernly facing
Full Bathroom First 7 x 13 7.00 13.00 6x5 closet, 6x6 dressing area, 6x3 shower
Living Room First 9 x 12 9.00 12.00 In Guest House
Full Bathroom First 9 x 5 9.00 5.00 In Guest House, 10x4 closet, 4x5 shower
Bedroom First 18 x 23 18.00 23.00 In Guest House
Kitchen First 9 x 6 9.00 6.00 In Guest House
Garage First 48 x 23 48.00 23.00 16 foot ceiling
Kitchen First 15 x 19 15.00 19.00 Covered and Air Conditioned Outdoor Kitche
Office Second 20 x 15 20.00 15.00 5th bedroom in the house
Full Bathroom Second 13 x 6 13.00 6.00 Ensuite by Office
Bedroom Second 18 x 16 18.00 16.00 Southernly facing
Full Bathroom Second 17 x 9 17.00 9.00
Master Bathroom Second 19 x 16 19.00 16.00 His Bath with Master Bedroom
Master Bedroom Second 21 x 19 21.00 19.00 33x8 Covered balcony facing the Bay
Master Bathroom Second 19 x 16 19.00 16.00 Her Bath with Master Bedroom
Listing Office: Christies International Real Estate Emerald Coast
Last Updated: March - 04 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.