Discover exceptional waterfront living in the highly coveted Chantarene neighborhood. This expansive 3-bedroom, 2.5-bath residence, offering nearly 4,000 sq ft of interior space with an elevator from the ground level to the 3rd floor provides an incredible opportunity to create your dream coastal retreat. While the home awaits your personal updates, all major repairs have already been completed, allowing you to focus on customizing the finishes to your style. A welcoming and elegant foyer flows seamlessly into the spacious great room, where sweeping views of Pensacola Bay immediately steal the show. This impressive gathering space features built-in bookcases, a wood-burning fireplace, a built-in bar, and direct access to a large waterfront deck—the perfect place to enjoy stunning sunsets and gentle bay breezes. The main level also includes a formal living room and formal dining room, ideal for entertaining. The well-appointed kitchen offers a breakfast bar, cozy breakfast nook, convenient butler’s pantry, and an easy connection to the dining room. A half bath completes this level. Take the elevator—or the stairs—to the upper floor, where an extraordinary primary suite spans a generous portion of the level. Fit for a king and queen, the suite includes a substantial bedroom with access to a private upper deck overlooking the bay, a massive walk-in closet, and a luxurious ensuite bath with double vanities, a jetted garden tub, a separate walk-in shower, private water closet, and direct access to the laundry room. Two additional oversized bedrooms with large closets share an adjoining full bath. Additional features include a three-car garage and a large ground-floor level offering abundant storage and an elevator that services all floors, making everyday living effortless. Bring your imagination and transform this well-built waterfront property into a spectacular personal oasis—one perfectly positioned to enjoy the best of Pensacola Bayfront living.