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3730 Preserve Bay Boulevard, Panama City, FL 32408

Panama City, FL 32408
  • 5 Beds
  • 10 Baths
  • 9,473 Sq Ft
  • 2007 Built
  • MLS 786845

About this home

Perсhed οn 380 fееt of рriѕtine West Bay waterfront along thе Northweѕt 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.

Property details

Property typeSingleFamilyResidence
StatusActive
Area03 - Bay County - Beach
SubdivisionPreserve On The Bay Ph I
CityPanama City
CountyBay
Zip32408
StyleSpanishMediterranean
Taxes$46,896
Tax year2025
HOAYes
HOA fee$1,302/yr
WaterfrontYes
ViewBay,Intercoastal,Water

Interior

Total rooms20
Full baths6
Half baths4
AppliancesBarFridge,GasRange,IceMaker,WineCooler
CoolingCentralAir,CeilingFans
HeatingGeothermal
Interior featuresBalcony,CofferedCeilings,DoubleVanity,Fireplace,BathInPrimaryBedroom,SittingAreaInPrimary,SoakingTub,Sauna,SeparateShower,UpperLevelPrimary,WalkInClosets,EntranceFoyer

Exterior & lot

Lot size3 acres
Lot dimensions387 x 455 x 284 x 500
Private poolYes
PoolGasHeat,InGround,Private
GarageYes
ParkingAdditionalParking,CircularDriveway,ElectricGate,Gated,Paved
Road frontagePrivate Road
Other structuresGarages, Guest House, Outbuilding
Exterior featuresBarbecue, Patio, Outdoor Kitchen

Schools

ElementaryPatronis
MiddleSurfside
HighArnold

Community

Community featuresWaterfront, Barbecue, Gated
DirectionsFrom Thomas Drive, Head East on Magnolia Beach Rd. Veer right onto Delwood Beach Rd, Turn left into The Preserve. Follow Preserve Blvd and bear right onto Preserve Bay Blvd. Take the first left. 3730 Preserve Bay Blvd.

Data source: Central Panhandle Association of REALTORS®

Location

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