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Pull into The Blue Pearl, an expertly designed coastal retreat on Cape San Blas's quiet northern corridor. The journey begins beneath the home's solid piling structure, where a deep, concrete-pad carport provides secure parking for multiple vehicles, plus a large boat or small RV, with potential for an RV utility hookup. With 2,472 heated square feet across a 4-BR, 3-BA floor plan, this turnkey estate is engineered to eliminate layout friction, letting you transition from the steering wheel to vacation mode the moment you arrive. From the covered parking bay, a welcoming ground-floor foyer leads to the private middle-level quarters, where arriving guests can unpack, rest, and settle into vacation mode at their own pace. A central transition hallway with a morning coffee bar divides the suites, cooled by a new second-floor HVAC system (Aug. 2026). The primary sanctuary features a spa-inspired bathroom with a classic clawfoot soaking tub, a double marble vanity, and double glass French doors opening onto a covered private balcony. Across the hall, a flexible guest bunk suite connects directly to a third bedroom through a shared, dual-entry Jack-and-Jill bathroom. The top floor ascends into a vast, light-filled entertainment level designed for gathering and effortless conversation. Engineered teak hardwood floors run underfoot, connecting a comfortable living lounge and dining zone to a fully equipped chef's kitchen centered on a massive 9-foot granite island with a hammered copper farmhouse sink, a built-in reverse osmosis system, and updated appliances including a new refrigerator (2022), dishwasher (2021), and water heater (2021). This entire floor features all-premium Restoration Hardware fixtures and opens through double doors to reveal the property's crown jewel: over 800 square feet of covered, multi-level outdoor living space. Anchored by a massive 28x12 covered western porch, this extension is perfectly oriented to deliver front-row, unobstructed views of the Cape's iconic golden-hour sunsets over the open Gulf and Saint Joseph Bay. The outdoor lifestyle comes full circle back on the ground level, fortified by major mechanical updates and fresh maintenance. Tucked quietly behind the parking area is an enclosed, screened lounge with a premium cedar hot tub, plus a private hot-and-cold outdoor shower. A freshly installed wooden boardwalk (Nov. 2024) leads directly out from the shower area. Set high and dry in the premier, low-risk X-Flood zone (no mandatory flood insurance required) and with a freshly painted exterior (Nov. 2024), the estate sits on a fully cleared, level 0.21-acre lot ready for a future private pool installation. With the community pool just a 2-minute stroll away and the beach boardwalk a 3-minute walk down the path, you get immediate water access without the traditional maintenance headaches. This is a dialed-in coastal package: arrive, unpack, and play. Schedule your tour before the next sunset. You won't regret it.
Property Type(s):
Single Family
| Last Updated | 10/14/2026 | Tract | San Dunes |
|---|---|---|---|
| Year Built | 2010 | Community | Cape San Blas/S. Gulf |
| County | Gulf |
Price History
| Prior to Oct 17, '25 | $1,350,000 |
|---|---|
| Oct 17, '25 - Nov 13, '25 | $1,295,000 |
| Nov 13, '25 - Apr 29, '26 | $1,250,000 |
| Apr 29, '26 - Oct 14, '26 | $1,245,000 |
| Oct 14, '26 - Today | $1,149,000 |
Additional Details
| AIR | Ceiling Fan(s), Central Air, Electric, Multi Units, Zoned |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Insurance, Maintenance Grounds |
| APPLIANCES | Dishwasher, Disposal, Microwave |
| AREA | Cape San Blas/S. Gulf |
| BASEMENT | None |
| CONSTRUCTION | Frame, HardiPlank Type |
| EXTERIOR | Outdoor Shower |
| HEAT | Central, Electric, Heat Pump, Zoned |
| HOA DUES | 1600 |
| INTERIOR | Breakfast Bar, Kitchen Island, Pantry, Storage, Walk-In Closet(s) |
| LOT | 9148 sq ft |
| LOT DESCRIPTION | Irregular Lot |
| LOT DIMENSIONS | IRR ~107x86x95x87 |
| PARKING | Boat, Carport, Covered, Driveway, Oversized, RV Access/Parking, See Remarks |
| POOL | Yes |
| POOL DESCRIPTION | In Ground, Gunite, See Remarks, Community |
| SEWER | Public Sewer |
| STORIES | 3 |
| STYLE | 2 Story, Beach House, Custom, Florida |
| SUBDIVISION | San Dunes |
| TAXES | 9376.35 |
| UTILITIES | Cable Available, Sewer Connected, Underground Utilities, Electricity Available, Electricity Connected, Sewer Available, Water Available, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Water, Bay |
| WATER | Public |
| ZONING | County,Deed Restrictions,Residential Single Family |
Location
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Listed with Studstill Realty Group, LLC
Listings are provided by the Forgotten Coast REALTOR Association. This information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the Forgotten Coast REALTOR Association.
Copyright 2026 Forgotten Coast REALTOR Association.
This IDX solution is (c) Diverse Solutions 2026.
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