Positioned on ½ acre along the tranquil waters of Cinco Bayou, this exceptional waterfront estate at 144 Monahan Drive offers a rare blend of privacy, craftsmanship, and coastal lifestyle living. Designed for both comfort and entertainment, the property combines timeless finishes with distinctive architectural details throughout. Inside, expansive living areas showcase vaulted ceilings, cedar accent walls, built-in bookcases, and fireplace that create warmth and character. Travertine, porcelain tile, bamboo, Brazilian cherry, cork, and wood-style plank flooring reflect the custom quality found in every space. The chef's kitchen is appointed with built-in appliances and travertine flooring, flowing seamlessly into generous dining and gathering areas ideal for hosting. The waterfront primary suite offers serene views and a spa-inspired bath featuring a soaking tub, bidet, oversized tiled shower, and custom walk-in closet. A private apartment lockout with skylights and bay window provides flexible accommodation for guests or multigenerational living. Outdoors, resort-style living awaits with a kidney-shaped in-ground pool, expansive paver deck, gazebo, and large wooden waterfront deck. Boating enthusiasts will appreciate the dock and lift (conveyed as-is), offering direct access to the bayou lifestyle. Additional highlights include a 12-12.5KW generator supporting major systems, whole-house water softener, detached 40x10 powered workshop, detached two-car garage, carport, and circular drive. This is more than a waterfront home it is a private coastal retreat in the heart of Fort Walton Beach, offering space, flexibility, and unforgettable sunsets over Cinco Bayou.