
7 Bay Cove Lane, Shalimar, FL 32579
LAKE LORRAINE ESTATES · Okaloosa County
Key Facts
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. 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 engineered for strength, stability, and long-term peace of mind. It is also pre-wired for solar and fully framed and prewired for a future elevator, adding future-ready capability to its substantial resilience profile. After walking up the paved driveway and past lush landscaping with mature trees, the grand entrance begins with bay views through custom 10-foot Spanish Cedar and beveled-glass front doors that lead into a foyer centered around a free-standing engineered travertine staircase crowned by a motorized chandelier set in Pecky Cypress ceiling. Chiseled marble flooring extends throughout the first floor, guiding you through expansive living and dining areas framed by two full-wall retractable sliding glass doors that open to sweeping bay views. Four gas fireplaces, custom wood cabinetry, granite surfaces throughout, and a dedicated wet bar with ice maker and wine cooler elevate both everyday living and entertaining. The home's layout reflects thoughtful intentionality. A hidden private staircase leads directly to the study from the master wing, providing private access without disturbing activity elsewhere in the home. The upstairs study/lounge offers flexible space for reading, gaming, work, or relaxation. A full in-law suite includes its own entrance, driveway, kitchenette, bath, and laundry. Additional conveniences include a heated/cooled insulated workshop/garage, four zoned HVAC systems, whole-home A/V and Internet/Data wiring, central vacuum, hands free intercom system, and a stand-up attic for storage. Outdoor living is exceptional. A 20,000-gallon concrete heated saltwater pool with attached hot tub and custom lighted stone fountain anchors the bayfront backdrop, complemented by two screened lanais (one with a retractable screen), a NatureKast outdoor kitchen with gas grill and hood, and Pecky Cypress ceilings on all covered lanais and balconies. From the pool area, enjoy direct access to the outdoor shower or a dedicated pool bathroom complete with shower and floor drain. The Polaris EOS smart pool/landscape lighting system enables easy control from indoors or remotely. The reinforced dock offers water, electric, a boat lift, and a jet ski lift allowing you to keep your boat and wave runner on the lift, not in the driveway. From here, you can reach Destin by boat often faster than by car. This location embraces a lifestyle that feels like a postcard: beautiful sunrises and sunsets, dolphins in your backyard, and the ability to walk or take a golf cart to Shalimar Golf Course. On holidays, watch the Niceville, Destin, and Fort Walton fireworks simultaneously over the bay from your fire pit, hot tub, or pool deck. Walk to the end of your dock to pull up blue crabs or catch redfish and trout for dinner. Positioned in Flood Zone X, the home does not require flood insurance under current lender guidelines, providing additional ease and confidence for coastal living. Zoned for the Okaloosa County School District, known for its consistent "A" rating by the State of Florida, this home offers the perfect blend of beauty, strength, practicality, and coastal freedom. Best of all... NO HOA! Paint your mailbox whatever color you want!
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Mediterranean
Year Built
2010
Living Area
7,033 sq ft
Lot Size
0.49 acres
Lot Dimensions
100x184x102x185
Garage Spaces
3
Parking Spaces
10
Zoning
Resid Single Family
Days on Market
178
MLS® Listing#
989788
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Fireplace
Pool
Parking
Patio
Fencing
Construction
Roof
Windows
Security
Utilities
Sewer
Water Source
Rooms
- 21.6 x 7Second
- 16.2 x 14.9First
- 17.8 x 11.6First
- 21.4 x 31.8First
- 18.2 x 7Second
- Bedroom12 x 12Second
- Bedroom14 x 15Second
- Bedroom13.6 x 15Second
- Bonus Room15.8 x 14Second
- Den21.4 x 19.7First
- Great Room25.4 x 29First
- Kitchen17 x 14.7First
- Laundry15.4 x 10First
- Living Room11 x 16Second
- Master Bedroom20.8 x 21.5Second
- Workshop21.4 x 13.8First
Schools
- Elementary:
- Shalimar
- Middle:
- Meigs
- High:
- Choctawhatchee
Financial Details
Annual Taxes
$13,955
Tax year 2024
Parcel Number
05-2S-23-1430-000A-0330
Directions
EGLIN TO 12TH AVE. TURN EAST TO COUNTRY CLUB. TURN LEFT ON TO BAY COVE LANE.
Affordability Calculator
$690,000
Estimated monthly payment
$18,362/mo
Principal $2,760,000 · Est. interest $3,850,446 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Shalimar, FL
- $495,833
- Median Listing Price
- 79
- Median Days on Market
- 2,239
- Median Sq Ft
- $235
- Median Price / Sq Ft
- 63
- Active Listings
- This home’s price is 596% above the area median.
- Its price per sq ft is 108% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Shalimar, FL.
Location
Points of Interest in Shalimar, FL
Showing the Shalimar area map.
Nearby Schools
Eglin Elementary School
Elementary · 1.6 mi away
Shalimar Elementary School
Elementary · 1.7 mi away
Meigs Middle School
Secondary · 2.1 mi away
Longwood Elementary School
Elementary · 2.6 mi away
Elliott Point Elementary School
Elementary · 3.4 mi away
KENWOOD Elementary School
Elementary · 3.7 mi away
Ami Kids Emerald Coast
School · 4.0 mi away
Cinco Christian School
School · 4.1 mi away
Choctawhatchee High School
Secondary · 4.3 mi away
Learning Adventures
School · 4.3 mi away
Okaloosa County School District
School · 4.5 mi away
Destin Elementary School
Elementary · 4.5 mi away
Pryor Middle School
Secondary · 4.5 mi away
Addie R Lewis School
Elementary · 4.6 mi away
Okaloosa Academy
School · 4.8 mi away
Saint Mary Catholic School
Elementary · 5.0 mi away
Wright Elementary School
Elementary · 5.0 mi away
Emeralds Coast Christian School
Secondary · 5.0 mi away
Asheford Institute of Antiques
School · 5.2 mi away
Liza Jackson Preparatory School
Elementary · 5.2 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 19 Poquito Road, Shalimar, FL | $2,459,000 | 5 | 5 | 5,199 |
| 11 Paradise Point Road, Shalimar, FL | $3,499,000 | 4 | 6 | 6,591 |
| 11 Paradise Point Road, Shalimar, FL | $3,800,000 | 4 | 6 | 6,591 |
Moving Cost Estimate
EXIT Agents in Shalimar
Listing Courtesy: Richardson Realty International Inc - 8508303912












