Tucked away on 2.75 acres along the Santa Rosa Sound, this stately waterfront estate offers an extraordinary combination of privacy, deep water access and breathtaking views of the barrier islands and the gulf. A 600-foot oak-lined driveway leads to this impressive 5,120-square-foot Old Chicago brick home, where timeless elegance meets the beauty of the Intracoastal Waterway. With 150 feet of private sandy beach and deep water frontage, this property provides unparalleled access to the water. Whether launching a kayak, paddleboard or jet ski right from your backyard or simply enjoying the serenity of the water from the verandas, this is a retreat like no other. Inside, architectural details abound. Crystal chandeliers, imported mahogany millwork, and soaring 25-ft. ceilings frame a home built for both grandeur and comfort. A wall of windows in the main living area captures stunning water views, while three fireplaces add warmth and charm. The primary suite is a private sanctuary, complete with a fireplace, balcony and an opulent dressing area. A library with a wet bar offers a quiet escape, and the kitchen is equipped with designer Sub-Zero and Thermador appliances, including warming and refrigeration drawers. Outdoor living is equally remarkable with covered porches, open patios and a separate artist studio, all set against the backdrop of sweeping waterfront vistas. The gated entrance and long paver driveway enhance the estate's exclusivity. For those seeking a private deepwater retreat, this property offers an unparalleled lifestyle. Alternatively, its expansive acreage presents an exceptional development opportunity, with potential for multiple waterfront homesites and additional residences with water access. Whether as a grand estate or an exclusive residential enclave, this Mary Esther property is a rare and remarkable find.