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 & refined living. Enter through a private seahorse gate to the home, designed to capture the natural beauty of its surroundings. Once inside, panoramic views of the bay greet you from nearly every room. The expansive LR, with its cathedral ceiling & floor-to-ceiling windows, invites natural light & maximizes the breathtaking water views. A cozy fireplace adds to the warmth of the space. The LR flows onto a large deck, perfect for entertaining, & 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. It's an ideal space for cooking & hosting. The main level also inc 2 bedrooms & laundry and an open-air staircase that leads to the second floor, where a versatile flex space offers potential as an office, gym, or fourth bedroom. The primary suite occupies the rest of the floor & is a true retreat, complete with its own fireplace, stunning bay views & a private balcony. The luxurious en-suite bath inc a jacuzzi tub, a walk-in shower, & large closet. The home is equipped with an elevator for easy access to all three levels. Beneath the house inc area for parking, barbecuing, gardening, & much more. A workshop in one of the original buildings once part of Gracie O'Malley Pub & Eatery adds character & utility. With its prime location & ample space, this property is perfect as a family retreat or vacation home. If rezoned, could serve as a unique event venue for weddings, 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, & endless possibilities. Whether you're seeking a peaceful retreat or envisioning a venue for unforgettable events, Gracie a rare find that combines beauty, comfort, & potential.