$4,499,000
Santa Rosa Beach, FL 32459
MLS# 1012859
5 beds | 6 baths | 3972 sqft

1 / 107
Property Description
Rare Elevated Gulf-View Residence in WaterColor Set just two blocks from the beach on a quiet, coveted WaterColor street, this exceptional 5BR/5.5BA residence offers a rare combination of elevated Gulf views, refined design, and exceptional outdoor living. Positioned on one of the community's highest points, the home's rooftop deck captures panoramic views of the Gulf and Seaside--an extraordinary backdrop for sunset entertaining or quiet mornings above 30A. Expansive porches and multiple outdoor spaces embrace the WaterColor lifestyle, including a private deck with fire pit and grill. Inside, professionally designed interiors create a sophisticated yet inviting retreat, offered furnished with exclusions. The chef's kitchen is appointed with Sub-Zero and Wolf appliances, an oversized island, and Smallbone cabinetry. Recent upgrades include electrical, HVAC, decking, lighting, and additional improvements throughout. Beyond its exceptional lifestyle appeal, the residence offers a compelling investment profile, with historical rental income averaging approximately $175,000-$200,000 annually. Buyer to verify all rental and financial information. A rare opportunity to own a distinguished WaterColor residence where elevation, Gulf views, beach proximity, design, and income potential converge.
Details
Documents
General Property Info
userdefined76: 4
Sub-Type: Detached Single Family
Design: Traditional
SqFt Source: Appraiser
Immediate Occupancy: No
Garage: No
Carport: Yes
Carport Spaces: 2
Driveway Spaces: 2
Pool: Yes
Pool Type: Community
Apx SqFt(Htd/Cooled): 3972
Bedrooms: 5
Full Baths: 5
Half Baths: 1
Total Bathrooms: 6
# Stories: 3
Year Built: 2007
Acreage: 0.11
Contract Info
Listing Board: Emerald Coast
List Price/SqFt: 1132.68
List Date: 2026-09-28
Current Price: $4,499,000
List Price: $4,499,000
Location, Tax and Legal
Sub Area: 1802 - S. of 98 W of Camp Creek
Elementary School: Dune Lakes
Middle School: Emerald Coast
High School: South Walton
Legal Description: Lot 14 Rainbow Row At Water Color Pb 14-31 Or 2342-457 Or 2776-819 Or 2860-1146 Or 2863-1698 Or 3209-3721
Listing Info, Tax & Legal
Homestead: No
Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 1840
Annual Assessment Amount: 7360
Assessment Paid: Quarterly
New Buyer Fee: Yes
New Buyer Fee Amt: 0.5
New Buyer Fee Paid: %
Last Taxes: 33945.41
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: No
Remarks & Misc
Remarks: Rare Elevated Gulf-View Residence in WaterColor
Set just two blocks from the beach on a quiet, coveted WaterColor street, this exceptional 5BR/5.5BA residence offers a rare combination of elevated Gulf views, refined design, and exceptional outdoor living. Positioned on one of the community's highest points, the home's rooftop deck captures panoramic views of the Gulf and Seaside--an extraordinary backdrop for sunset entertaining or quiet mornings above 30A.
Expansive porches and multiple outdoor spaces embrace the WaterColor lifestyle, including a private deck with fire pit and grill. Inside, professionally designed interiors create a sophisticated yet inviting retreat, offered furnished with exclusions. The chef's kitchen is appointed with Sub-Zero and Wolf appliances, an oversized island, and Smallbone cabinetry.
Recent upgrades include electrical, HVAC, decking, lighting, and additional improvements throughout.
Beyond its exceptional lifestyle appeal, the residence offers a compelling investment profile, with historical rental income averaging approximately $175,000-$200,000 annually. Buyer to verify all rental and financial information.
A rare opportunity to own a distinguished WaterColor residence where elevation, Gulf views, beach proximity, design, and income potential converge.
Construction Status
Construction Complete: 1
Parking Features
Carport Attached: 1
Covered: 1
Waterview
Gulf: 1
Lot/Parcel Access
Paved Road: 1
Lot Features
Covenants: 1
Restrictions: 1
Within 1/2 Mile to Water: 1
Project Facilities
Beach: 1
Community Room: 1
Deed Access: 1
Exercise Room: 1
Fishing: 1
Pets Allowed: 1
Picnic Area: 1
Playground: 1
Pool: 1
Tennis: 1
TV Cable: 1
Construction/Siding
Foundation On Piling: 1
Roof Metal: 1
Siding CmntFbrHrdBrd: 1
Trim Wood: 1
Utilities
Public Sewer: 1
Public Water: 1
TV Cable: 1
Underground: 1
Zoning
Resid Single Family: 1
Exterior
Patio Open: 1
Porch: 1
Porch Open: 1
Shower: 1
Sprinkler System: 1
Interior
Breakfast Bar: 1
Built-In Bookcases: 1
Floor Hardwood: 1
Floor Tile: 1
Furnished - All: 1
Lighting Recessed: 1
Newly Painted: 1
Owner's Closet: 1
Pantry: 1
Split Bedroom: 1
Washer/Dryer Hookup: 1
Wet Bar: 1
Window Treatment All: 1
Financing
Conventional: 1
Appliances
Cooktop: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Refrigerator W/IceMk: 1
Security System: 1
Smoke Detector: 1
Stove/Oven Gas: 1
Washer: 1
Energy
AC - 2 or More: 1
AC - Central Gas: 1
Ceiling Fans: 1
Water Heater - Elect: 1
Mstr Bdrm/Mstr Bath
MBath Double Vanity: 1
MBath Garden Tub: 1
MBath Separate Shwr: 1
MBath Tile: 1
MBed Balcony: 1
MBed Walk-in Closet: 1
Master Bedroom
Second: 1
Bedroom
First: 1
Second: 1
Kitchen
First: 1
Living Room
First: 1
Rooms
Bedroom: 1
Dining Area: 1
Kitchen: 1
Living Room: 1
Master Bedroom: 1
Media Room: 1
Fees Include
Management: 1
Recreational Faclty: 1
Security: 1
Status Change Info
Status: Active
Location Tax and Legal
Area: 18 - 30A East
Street #: 146
Street Name: Silver Laurel
Street Suffix: Way
State: FL
Zip Code: 32459
County: Walton
Project Name/Subdivision: WATERCOLOR
Parcel ID: 15-3S-19-25403-000-0140
Property Features
Construction Status: Construction Complete
Lot Features: Covenants; Restrictions; Within 1/2 Mile to Water
Zoning: Resid Single Family
Waterview: Gulf
Parking Features: Carport Attached; Covered
Project Facilities: Beach; Community Room; Deed Access; Exercise Room; Fishing; Pets Allowed; Picnic Area; Playground; Pool; Tennis; TV Cable
Exterior: Patio Open; Porch; Porch Open; Shower; Sprinkler System
Interior: Breakfast Bar; Built-In Bookcases; Floor Hardwood; Floor Tile; Furnished - All; Lighting Recessed; Newly Painted; Owner's Closet; Pantry; Split Bedroom; Washer/Dryer Hookup; Wet Bar; Window Treatment All
Appliances: Cooktop; Dishwasher; Disposal; Dryer; Microwave; Refrigerator W/IceMk; Security System; Smoke Detector; Stove/Oven Gas; Washer
Utilities: Public Sewer; Public Water; TV Cable; Underground
Energy: AC - 2 or More; AC - Central Gas; Ceiling Fans; Water Heater - Elect
Master Bedroom: Second
Bedroom: First; Second
Kitchen: First
Living Room: First
Rooms: Bedroom; Dining Area; Kitchen; Living Room; Master Bedroom; Media Room
Financing: Conventional
Fees Include: Management; Recreational Faclty; Security
Room Information
| Room Name | Level | Dimensions | Length | Width |
| Dining Area | First | 17 x 13 | 17.00 | 13.00 |
| Kitchen | First | 18 x 14 | 18.00 | 14.00 |
| Living Room | First | 26 x 14 | 26.00 | 14.00 |
| Bedroom | First | 15 x 12 | 15.00 | 12.00 |
| Bedroom | Second | 15 x 12 | 15.00 | 12.00 |
| Media Room | Second | 15 x 9 | 15.00 | 9.00 |
| Master Bedroom | Second | 17 x 15 | 17.00 | 15.00 |
Listing Office: Think Real Estate
Last Updated: October - 01 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.
Rental income