7 Bay Cove Lane, Shalimar, FL 32579 (MLS# 989788)

7 Bay Cove Lane, Shalimar, FL 32579

$3,450,000

Property Type: Residential Bedrooms: 5 Baths: 7 Square Footage: 7,033 Lot Size (sq. ft.): 21,344 Status: Active

Current Price: $3,450,000 List Date: 5/31/2026 Last Modified: 5/31/2026

Overview

Description

Experience a level of coastal living rarely offered along the Emerald Coast. This Spanish Mediterranean waterfront residence blends architectural elegance, fortress-level engineering, and intentional design for everyday comfort. Set on 102 feet of Choctawhatchee Bay frontage, the home offers more than 9,000 sq. ft. of total space with 7,272 sq. ft. of heated/cooled living area, positioned off of two quiet dead-end streets with only local traffic.

Supplements: Built with 12-inch Logix ICF concrete walls, impact-rated Low-E windows and doors, open-cell foam attic and garage insulation, Hurriquake roofing nails, a concrete barrel tile roof, an upgraded double-thickness vinyl seawall with granite rip rap, Snap Jacket dock piling protection, and a 45kW natural gas whole-house generator, this residence is eng ... (Read more)

Listing Details MLS# 989788

Contract Info

List Price/SqFt: 490.54
Listing Board: Emerald Coast

Location Tax and Legal

Area: 12 - Fort Walton Beach
Street #: 7
Street Name: Bay Cove
Street Suffix: Lane
State: FL
Zip Code: 32579
County: Okaloosa
Project Name/Subdivision: LAKE LORRAINE ESTATES
Parcel ID: 05-2S-23-1430-000A-0330

General Property Info

Sub-Type: Detached Single Family
Design: Mediterranean
Apx SqFt(Htd/Cooled): 7033
SqFt Source: County PA Records
Full Baths: 6
Half Baths: Yes
Total Bathrooms: 7
# Stories: 2
Year Built: 2010
Immediate Occupancy: No
Garage: Yes
Carport: No
Garage Spaces: 3
Driveway Spaces: 10
Acreage: 0.49
Pool: Yes
Pool Type: Private

Waterfront

Waterfront Feet: 102
Bay: Yes

Location, Tax and Legal

Sub Area: 1210 - Shalimar
Elementary School: Shalimar
Middle School: Meigs
High School: Choctawhatchee
Legal Description: LAKE LORRAINE EST LOT 33 BLK A

More Information

Listing Info, Tax & Legal

Homestead: Yes
Is Subject Leased: No
Assessment Fees: No
New Buyer Fee: No
New Buyer Fee Amt: 0
Last Taxes: 13954.5
Last Tax Year: 2024
Brokerage Interest: No Interest
As Is: No

Remarks & Misc

Remarks: Experience a level of coastal living rarely offered along the Emerald Coast. This Spanish Mediterranean waterfront residence blends architectural elegance, fortress-level engineering, and intentional design for everyday comfort. Set on 102 feet of Choctawhatchee Bay frontage, the home offers more than 9,000 sq. ft. of total space with 7,272 sq. ft. of heated/cooled living area, positioned off of two quiet dead-end streets with only local traffic.

Construction Status

Construction Complete: Yes

Parking Features

Garage Attached: Yes

Waterview

Bay: Yes

Lot/Parcel Access

Paved Road: Yes

Lot Features

Bulkhead/Seawall: Yes
Dead End: Yes
Within 1/2 Mile to Water: Yes

Construction/Siding

Concrete: Yes
Frame: Yes
Roof Tile/Slate: Yes
Siding Brick Some: Yes
Stucco: Yes

Utilities

Gas - Natural: Yes
Public Sewer: Yes
Public Water: Yes
TV Cable: Yes

Zoning

Resid Single Family: Yes

Exterior

Balcony: Yes
Boatlift: Yes
Deck Open: Yes
Dock: Yes
Fenced Lot-All: Yes
Hot Tub: Yes
Lawn Pump: Yes
Pool - Heated: Yes
Pool - In-Ground: Yes
Rain Gutter: Yes
Shower: Yes
Sprinkler System: Yes

Interior

Built-In Bookcases: Yes
Ceiling Raised: Yes
Fireplace: Yes
Fireplace 2+: Yes
Fireplace Gas: Yes
Floor Marble: Yes
Floor Tile: Yes
Floor WW Carpet: Yes
Kitchen Island: Yes
Lighting Recessed: Yes
Pantry: Yes
Plantation Shutters: Yes
Shelving: Yes
Washer/Dryer Hookup: Yes
Wet Bar: Yes

Financing

Conventional: Yes
VA: Yes

Appliances

Auto Garage Door Opn: Yes
Central Vacuum: Yes
Dishwasher: Yes
Disposal: Yes
Intercom: Yes
Microwave: Yes
Refrigerator W/IceMk: Yes
Security System: Yes
Smoke Detector: Yes
Stove/Oven Gas: Yes

Energy

AC - 2 or More: Yes
AC - Central Elect: Yes
Ceiling Fans: Yes
Double Pane Windows: Yes
Storm Windows: Yes
Water Heater - Gas: Yes
Water Heater - Tnkls: Yes
Water Heater - Two +: Yes

Mstr Bdrm/Mstr Bath

MBath Double Vanity: Yes
MBath Tile: Yes
MBath Whirlpool: Yes
MBed Carpeted: Yes
MBed Fireplace: Yes
MBed Sitting Area: Yes
MBed Walk-in Closet: Yes
MBed Waterfront: Yes

Master Bedroom

Second: Yes

Bedroom

Second: Yes

Kitchen

First: Yes

Living Room

Second: Yes

Rooms

Balcony: Yes
Bedroom: Yes
Bonus Room: Yes
Den: Yes
Dining Area: Yes
Garage: Yes
Great Room: Yes
Kitchen: Yes
Laundry: Yes
Living Room: Yes
Master Bedroom: Yes
Other: Yes
Workshop: Yes

Property Features

Construction Status: Construction Complete Lot Features: Bulkhead/Seawall; Dead End; Within 1/2 Mile to Water Zoning: Resid Single Family Waterfront: Bay Waterview: Bay Parking Features: Garage Attached Exterior: Balcony; Boatlift; Deck Open; Dock; Fenced Lot-All; Hot Tub; Lawn Pump; Pool - Heated; Pool - In-Ground; Rain Gutter; Shower; Sprinkler System Interior: Built-In Bookcases; Ceiling Raised; Fireplace; Fireplace 2+; Fireplace Gas; Floor Marble; Floor Tile; Floor WW Carpet; Kitchen Island; Lighting Recessed; Pantry; Plantation Shutters; Shelving; Washer/Dryer Hookup; Wet Bar Appliances: Auto Garage Door Opn; Central Vacuum; Dishwasher; Disposal; Intercom; Microwave; Refrigerator W/IceMk; Security System; Smoke Detector; Stove/Oven Gas Utilities: Gas - Natural; Public Sewer; Public Water; TV Cable Energy: AC - 2 or More; AC - Central Elect; Ceiling Fans; Double Pane Windows; Storm Windows; Water Heater - Gas; Water Heater - Tnkls; Water Heater - Two + Master Bedroom: Second Bedroom: Second Kitchen: First Living Room: Second Rooms: Balcony; Bedroom; Bonus Room; Den; Dining Area; Garage; Great Room; Kitchen; Laundry; Living Room; Master Bedroom; Other; Workshop Financing: Conventional; VA

Room Information

Room Name	Level	Dimensions	Length	Width	Remarks
Great Room	First	25.4 x 29	25.40	29.00
Dining Area	First	17.8 x 11.6	17.80	11.60
Kitchen	First	17 x 14.7	17.00	14.70
Laundry	First	15.4 x 10	15.40	10.00
Den	First	21.4 x 19.7	21.40	19.70
Other	First	16.2 x 14.9	16.20	14.90	Study
Master Bedroom	Second	20.8 x 21.5	20.80	21.50
Balcony	Second	21.6 x 7	21.60	7.00	Master Suite Balcony
Other
Bonus Room	Second	15.8 x 14	15.80	14.00	Secondary Suite
Bedroom	Second	14 x 15	14.00	15.00
Bedroom	Second	13.6 x 15	13.60	15.00
Bedroom	Second	12 x 12	12.00	12.00	In-Law Suite
Living Room	Second	11 x 16	11.00	16.00	In-Law Living Area
Balcony	Second	18.2 x 7	18.20	7.00	Secondary Suite Balcony
Garage	First	21.4 x 31.8	21.40	31.80
Workshop	First	21.4 x 13.8	21.40	13.80	A/C Workshop Garage

Listing Office: Richardson Realty International Inc

Last Updated: May - 31 - 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.