Unique bay front estate/family compound comprised of a 5BD/5+2BA bay front main house, 3BD/2BA guest house and an adjoining lot. Single story main house offers an open concept floor plan with multiple sets of french doors offering expansive bay views and access to the patio and pool area. Custom features include vaulted wood ceilings in the great room, custom built-ins and fireplace, trayed ceilings, deep crown molding, recessed lighting. hardwood floors throughout with tile in baths. Large dining area, office/study, sitting area with fireplace, gourmet kitchen with ample cabinet space, granite counters, breakfast bar, professional grade Thermador gas range with double oven, pot filler, Viking refrigerator, dual beverage refrigerator drawers. Wet bar in great room with icemaker, sink and refrigerator. Four ensuite bedrooms are on the opposite side of the house as well as a game/billiard room with fireplace and a home theatre room. Private dock with upper sundeck, two slips with lifts, personal water craft lifts. Single story guest house is perfect for family and guests and features 3BD/2BA, large living/dining room with fireplace, breakfast room, kitchen with island and adjoining sitting area with fireplace, two car garage. Travertine floors throughout, freshly painted interior. The adjoining lot is included. Lush, mature landscaping. Gorgeous live oaks and magnolias grace the property. Perfect location, off the beaten path on prestigious Cobb's Point but convenient to everything Destin has to offer! If your dream is to live on the bay, then this is a must see! Main house is 4,591 SF, Guest house is 1,792 SF. Properties sold "As Is". As always, all dimensions important to the buyer should be verified. Note: Lot dimensions, acreage and taxes are a combination of all three parcels.