$4,695,000
Santa Rosa Beach, FL 32459
MLS# 1004623
6 beds | 6 baths | 4563 sqft

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Property Description
21 Blackwater Street presents a rare opportunity to own one of 30A's most compelling waterfront residences--offered at an extraordinary value, approximately $800,000 below appraised value. Spanning 4,563 square feet across three thoughtfully designed levels, this six-bedroom, five-and-a-half-bathroom home blends refined architecture, sophisticated interiors, and an unparalleled connection to the natural beauty that defines the Emerald Coast. From the moment you enter, a rich blend of maple and walnut cherry hardwood flooring, a striking glass-railed staircase, and expansive lake views establish a sense of understated elegance. The main living area is anchored by custom built-ins and framed by windows that capture the ever-changing scenery of Western Lake. Designed for both entertaining and everyday living, the chef's kitchen features an oversized island, a Viking range, built-in coffee system, premium Liebherr refrigerator, and generous gathering spaces that flow seamlessly to multiple porches overlooking the water. The second-floor primary suite offers a private retreat with its own balcony, dual walk-in closets complete with custom cabinetry, a dedicated makeup vanity, and a spa-inspired bath featuring a soaking tub and separate shower room. Additional accommodations include spacious guest suites, a custom bunk room, a media room with built-ins, and a fitness room with wet bar, creating exceptional flexibility for hosting family and friends.
Details
General Property Info
userdefined76: 4
Sub-Type: Detached Single Family
Design: Beach House
SqFt Source: County PA Records
Garage: Yes
Carport: No
Driveway Spaces: 2
Pool: Yes
Pool Type: Community
Apx SqFt(Htd/Cooled): 4563
Bedrooms: 6
Full Baths: 5
Half Baths: 1
Total Bathrooms: 6
# Stories: 3
Year Built: 2006
Garage Spaces: 2
Acreage: 0.16
Contract Info
Listing Board: Emerald Coast
List Price/SqFt: 1028.93
List Date: 2026-06-03
Current Price: $4,695,000
List Price: $4,695,000
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 21 CERULEAN LANDING AT WATERCOLOR PB 15-60 OR 2614- 2685 OR 2662-2116 OR 2846-745 OR 2878-1320
Listing Info, Tax & Legal
Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 1560
Annual Assessment Amount: 6240
Assessment Paid: Quarterly
New Buyer Fee: Yes
New Buyer Fee Amt: 307
New Buyer Fee Paid: $
Last Taxes: 14612.73
Last Tax Year: 2025
Brokerage Interest: Ownership Interest - Listing Broker/Salesperson has ownership interest in the property.
As Is: Yes
Remarks & Misc
Remarks: 21 Blackwater Street presents a rare opportunity to own one of 30A's most compelling waterfront residences--offered at an extraordinary value, approximately $800,000 below appraised value. Spanning 4,563 square feet across three thoughtfully designed levels, this six-bedroom, five-and-a-half-bathroom home blends refined architecture, sophisticated interiors, and an unparalleled connection to the natural beauty that defines the Emerald Coast.
From the moment you enter, a rich blend of maple and walnut cherry hardwood flooring, a striking glass-railed staircase, and expansive lake views establish a sense of understated elegance. The main living area is anchored by custom built-ins and framed by windows that capture the ever-changing scenery of Western Lake. Designed for both entertaining and everyday living, the chef's kitchen features an oversized island, a Viking range, built-in coffee system, premium Liebherr refrigerator, and generous gathering spaces that flow seamlessly to multiple porches overlooking the water.
The second-floor primary suite offers a private retreat with its own balcony, dual walk-in closets complete with custom cabinetry, a dedicated makeup vanity, and a spa-inspired bath featuring a soaking tub and separate shower room. Additional accommodations include spacious guest suites, a custom bunk room, a media room with built-ins, and a fitness room with wet bar, creating exceptional flexibility for hosting family and friends.
Waterfront
Lake: 1
Waterfront Feet: 60
Construction Status
Construction Complete: 1
Parking Features
Garage Attached: 1
Waterview
Coastal Dune Lakes: 1
Lot/Parcel Access
Paved Road: 1
Lot Features
Covenants: 1
Restrictions: 1
Within 1/2 Mile to Water: 1
Project Facilities
Beach: 1
Dock: 1
Exercise Room: 1
Fishing: 1
Pavillion/Gazebo: 1
Pets Allowed: 1
Picnic Area: 1
Playground: 1
Pool: 1
Short Term Rental - Allowed: 1
Tennis: 1
TV Cable: 1
Waterfront: 1
Construction/Siding
Roof Metal: 1
Siding Shake: 1
Siding Wood: 1
Utilities
Electric: 1
Gas - Natural: 1
Public Sewer: 1
Public Water: 1
Zoning
Deed Restrictions: 1
Resid Single Family: 1
Exterior
Balcony: 1
BBQ Pit/Grill: 1
Deck Enclosed: 1
Fireplace: 1
Porch Open: 1
Porch Screened: 1
Rain Gutter: 1
Interior
Floor Hardwood: 1
Financing
Conventional: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Refrigerator: 1
Stove/Oven Gas: 1
Washer: 1
Energy
AC - 2 or More: 1
AC - Central Elect: 1
Heat Cntrl Electric: 1
Mstr Bdrm/Mstr Bath
MBath Double Vanity: 1
MBath Garden Tub: 1
MBath Separate Shwr: 1
MBath Tile: 1
MBed Walk-in Closet: 1
MBed Waterfront: 1
Master Bedroom
Second: 1
Bedroom
First: 1
Third: 1
Kitchen
Second: 1
Living Room
Second: 1
Rooms
Bedroom: 1
Dining Area: 1
Kitchen: 1
Living Room: 1
Master Bedroom: 1
Fees Include
Management: 1
Master Association: 1
Recreational Faclty: 1
Security: 1
TV Cable: 1
Status Change Info
Status: Active
Location Tax and Legal
Area: 18 - 30A East
Street #: 21
Street Name: Blackwater
Street Suffix: Street
State: FL
Zip Code: 32459
County: Walton
Project Name/Subdivision: WATERCOLOR
Parcel ID: 15-3S-19-25422-000-0210
Property Features
Construction Status: Construction Complete
Lot Features: Covenants; Restrictions; Within 1/2 Mile to Water
Zoning: Deed Restrictions; Resid Single Family
Waterfront: Lake
Waterview: Coastal Dune Lakes
Parking Features: Garage Attached
Project Facilities: Beach; Dock; Exercise Room; Fishing; Pavillion/Gazebo; Pets Allowed; Picnic Area; Playground; Pool; Short Term Rental - Allowed; Tennis; TV Cable; Waterfront
Exterior: Balcony; BBQ Pit/Grill; Deck Enclosed; Fireplace; Porch Open; Porch Screened; Rain Gutter
Interior: Floor Hardwood
Appliances: Dishwasher; Disposal; Dryer; Refrigerator; Stove/Oven Gas; Washer
Utilities: Electric; Gas - Natural; Public Sewer; Public Water
Energy: AC - 2 or More; AC - Central Elect; Heat Cntrl Electric
Master Bedroom: Second
Bedroom: First; Third
Kitchen: Second
Living Room: Second
Rooms: Bedroom; Dining Area; Kitchen; Living Room; Master Bedroom
Financing: Conventional
Fees Include: Management; Master Association; Recreational Faclty; Security; TV Cable
Supplements
Outdoor living is equally impressive. An intimate courtyard centered around a fireplace and fountain invites relaxed evenings beneath the stars, while oversized screened porches provide front-row views of one of South Walton's most treasured coastal dune lakes.
A two-car garage, abundant storage, and carefully curated design details throughout enhance both comfort and functionality. Just moments from WaterColor's celebrated amenities--including resort-style pools, nature trails, parks, and access to the Gulf--and within easy walking, biking, or golf cart distance of Seaside, acclaimed dining, boutique shopping, and the sugar-white beaches of 30A, this residence embodies the effortless luxury and coastal lifestyle for which the community is renowned. Short-term rentals are permitted, further enhancing the property's versatility and investment potential.
Room Information
| Room Name | Level | Dimensions | Length | Width |
| Bedroom | First | 13.1 x 10 | 13.10 | 10.00 |
| Bedroom | First | 15.2 x 13.1 | 15.20 | 13.10 |
| Bedroom | First | 13.1 x 18.7 | 13.10 | 18.70 |
| Master Bedroom | Second | 22 x 16.1 | 22.00 | 16.10 |
| Living Room | Second | 19.6 x 13.6 | 19.60 | 13.60 |
| Kitchen | Second | 19.6 x 10 | 19.60 | 10.00 |
| Dining Area | Second | 13.3 x 17.3 | 13.30 | 17.30 |
| Bedroom | Third | 6.11 x 15.1 | 6.11 | 15.10 |
Listing Office: Corcoran Reverie SRB
Last Updated: June - 08 - 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.