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7 Bay Cove-8
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7 Bay Cove Lane, Shalimar, FL 32579

LAKE LORRAINE ESTATES · Okaloosa County

Key Facts

5Beds
7Baths
7,033Sq Ft
2010Year Built
0.49Lot (acres)
3Garage

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

Central VacuumBookcasesVaulted Ceiling(s)Kitchen IslandRecessed LightingPantryWet Bar

Exterior

BalconyDockOutdoor ShowerRain Gutters

Appliances

DishwasherDisposalMicrowaveGas Water HeaterTankless Water HeaterGas Oven

Cooling

Central AirCeiling Fan(s)Electric

Heating

Natural Gas

Flooring

MarbleTileCarpet

Fireplace

Gas

Pool

HeatedIn GroundPrivate

Parking

Garage Door Opener

Patio

Deck

Fencing

FencedFull

Construction

ConcreteFrameStucco

Roof

Slate

Windows

Double Pane WindowsStorm Window(s)Plantation Shutters

Security

Security SystemSmoke Detector(s)

Utilities

Natural Gas AvailableCable Available

Sewer

Public Sewer

Water Source

Public

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

Map showing the location of 7 Bay Cove Lane, Shalimar, FL 32579

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

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Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
19 Poquito Road, Shalimar, FL$2,459,000555,199
11 Paradise Point Road, Shalimar, FL$3,499,000466,591
11 Paradise Point Road, Shalimar, FL$3,800,000466,591

Moving Cost Estimate

EXIT Agents in Shalimar

Listing Courtesy: Richardson Realty International Inc - 8508303912

IDX property data is provided exclusively for consumers’ personal, non-commercial use, and IDX data may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS. IDX data provided by the Emerald Coast Association of Realtors.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by EmeraldCoast. MLS® Listing#989788. © 2026EXIT Realty®. All rights reserved.