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Nestled on 3.5 acres along the coastline of St. Joe Bay, this stunning waterfront property, known as ''Gracie,'' offers an ideal blend of coastal charm and refined living. Enter through a private seahorse gate and down the drive, arriving at a home designed to capture the natural beauty of its surroundings. The grand entry is marked by massive front doors framed with weathered beams. Once inside, panoramic views of the bay greet you from nearly every room. The expansive living room, with its cathedral ceiling and floor to ceiling windows, invites natural light and maximizes the breathtaking water views. A cozy fireplace adds to the warmth of the space. The living room flows onto a large deck perfect for entertaining and a spacious screened in porch with its own fireplace for year round enjoyment.The gourmet kitchen is a chef's dream, featuring a large island for gathering and ample cabinet space. It's an ideal space for cooking and hosting. Two bedrooms on the main level share a full bathroom, while an open air staircase leads to the second floor.On the second level, a versatile flex space offers potential as a home office, gym, or even a fourth bedroom. The primary suite occupies the rest of the floor and is a true retreat, complete with its own fireplace, stunning bay views through large windows, and a private covered balcony. The luxurious en suite bathroom includes a jacuzzi tub, a walk in tile shower, and a custom walk in closet with shelving for ample storage.The home is equipped with an elevator for easy access to all three levels. Beneath the house, there's ample parking, as well as an area for barbecuing, gardening, or other outdoor activities. A workshop in one of the original outbuildings once part of a local restaurant adds character and utility. A second outbuilding is ideal for extra storage.With its prime location and ample space, this property is perfect as a family retreat or vacation home. If rezoned, it could also serve as a unique event venue for weddings, receptions, or other special occasions, all set against the stunning backdrop of St. Joe Bay.This waterfront gem offers the best of coastal living: luxurious spaces, breathtaking views, and endless possibilities. Whether you're seeking a peaceful retreat or envisioning a venue for unforgettable events, ''Gracie'' is a rare find that combines beauty, comfort, and potential.