A Rare Waterfront Sanctuary on St. Joe Bay. Nestled on 3.5 pristine acres along the tranquil coastline of St. Joe Bay, Gracie is a breathtaking waterfront estate that perfectly balances coastal charm with refined elegance. Gated and private, the property welcomes you through a custom seahorse gate, revealing a home thoughtfully designed to embrace the natural beauty of its surroundings. Inside, panoramic bay views greet you from nearly every room. The expansive living room features soaring cathedral ceilings and floor-to-ceiling windows that flood the space with natural light and showcase the stunning water vistas. A cozy fireplace adds warmth and ambiance, making it a true gathering space in every season. The living room flows seamlessly onto a spacious outdoor deck–ideal for entertaining–and a large screened-in porch complete with its own fireplace for year-round enjoyment. The gourmet kitchen is a chefs dream, featuring a large central island perfect for both cooking and socializing. The main level includes two generously sized bedrooms, a full laundry room, and an open-air staircase leading to the second floor. Upstairs, a flexible loft space offers the potential for an office, gym, or fourth bedroom. The primary suite spans the rest of the floor and serves as a private retreat, featuring a fireplace, breathtaking views, a private balcony, and a luxurious en-suite bath with a jacuzzi tub, walk-in shower, and a spacious walk-in closet. An elevator provides convenient access to all three levels. Below the home, a covered area offers ample space for parking, gardening, grilling, or additional recreational use. With two parcels included, the property presents potential for further development–a second home, a guest house, or even a reimagined event venue. Subject to rezoning, this rare gem could host weddings, retreats, or other unforgettable gatherings against the stunning backdrop of the bay. Gracie is more than a home–its a lifestyle.