$2,595,000
Santa Rosa Beach, FL 32459
MLS# 999749
Status: Pending
3 beds | 4 baths | 2611 sqft
1 / 99
Property Description
Steps from Western Lake within WaterColor's Phase 3 - the coveted 'Lake District' - 35 Rain Lily offers a rare combination of location, instant livability, and long-term upside in one of 30A's most desired communities. The 2,611 square-foot single-owner, never rented residence features three bedrooms, a bunk room, and a library/flex space currently in process for HOA-approved conversion to a fourth bedroom - all built on a reverse floor plan that places the main living experience on the second level to capture views of the surrounding tree canopy and the sights and sounds of two water features. Tucked away from automobile traffic, the home is two lots from the Boathouse pedestrian bridge over Western Lake and the trail system which connects you to WaterColor's full amenity network:
Details
Contract Info
Listing Board: Emerald Coast
List Price/SqFt: 993.87
List Date: 2026-04-03
Current Price: $2,595,000
List Price: $2,595,000
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 7 Cerulean Landing At Watercolor Pb 15-60 Or 2635- 357 Or 2798-3597
General Property Info
Sub-Type: Detached Single Family
Design: Beach House
SqFt Source: Building Plan
Garage: No
Carport: Yes
Pool: Yes
Pool Type: Community
Apx SqFt(Htd/Cooled): 2611
Bedrooms: 3
Full Baths: 3
Half Baths: 1
Total Bathrooms: 4
# Stories: 2
Year Built: 2007
Acreage: 0.13
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: 0.5
New Buyer Fee Paid: %
Last Taxes: 23989.86
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: No
Remarks & Misc
Remarks: Steps from Western Lake within WaterColor's Phase 3 - the coveted 'Lake District' - 35 Rain Lily offers a rare combination of location, instant livability, and long-term upside in one of 30A's most desired communities.
The 2,611 square-foot single-owner, never rented residence features three bedrooms, a bunk room, and a library/flex space currently in process for HOA-approved conversion to a fourth bedroom - all built on a reverse floor plan that places the main living experience on the second level to capture views of the surrounding tree canopy and the sights and sounds of two water features.
Tucked away from automobile traffic, the home is two lots from the Boathouse pedestrian bridge over Western Lake and the trail system which connects you to WaterColor's full amenity network:
Construction Status
Construction Complete: 1
Parking Features
Carport: 1
Oversized: 1
Lot/Parcel Access
Paved Road: 1
Private Road: 1
Lot Features
Survey Available: 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
Pool: 1
Short Term Rental - Allowed: 1
Waterfront: 1
Construction/Siding
Roof Metal: 1
Siding CmntFbrHrdBrd: 1
Utilities
Electric: 1
Gas - Natural: 1
Public Sewer: 1
Public Water: 1
Zoning
Resid Single Family: 1
Exterior
Balcony: 1
Patio Covered: 1
Patio Open: 1
Porch: 1
Interior
Breakfast Bar: 1
Built-In Bookcases: 1
Ceiling Vaulted: 1
Fireplace 2+: 1
Fireplace Gas: 1
Floor Hardwood: 1
Floor Marble: 1
Furnished - All: 1
Kitchen Island: 1
Lighting Recessed: 1
Washer/Dryer Hookup: 1
Window Treatmnt Some: 1
Appliances
Dishwasher: 1
Dryer: 1
Range Hood: 1
Refrigerator: 1
Stove/Oven Gas: 1
Washer: 1
Wine Refrigerator: 1
Energy
AC - Central Elect: 1
Ceiling Fans: 1
Heat Cntrl Electric: 1
Insulated Doors: 1
Storm Doors: 1
Storm Windows: 1
Water Heater - Elect: 1
Mstr Bdrm/Mstr Bath
MBath Double Vanity: 1
MBath Separate Shwr: 1
MBath Walk-In Closet: 1
MBed First Floor: 1
Master Bedroom
First: 1
Bedroom
First: 1
Second: 1
Kitchen
Second: 1
Living Room
Second: 1
Full Bathroom
First: 1
Second: 1
Rooms
Bedroom: 1
Dining Area: 1
Full Bathroom: 1
Kitchen: 1
Library: 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: Pending
Under Contract Date: 2026-04-06
Location Tax and Legal
Area: 18 - 30A East
Street #: 35
Street Name: Rain Lily
Street Suffix: Lane
State: FL
Zip Code: 32459
County: Walton
Project Name/Subdivision: WATERCOLOR
Parcel ID: 15-3S-19-25422-000-0070
Property Features
Construction Status: Construction Complete
Lot Features: Survey Available; Within 1/2 Mile to Water
Zoning: Resid Single Family
Parking Features: Carport; Oversized
Project Facilities: Beach; Dock; Exercise Room; Fishing; Pavillion/Gazebo; Pets Allowed; Picnic Area; Pool; Short Term Rental - Allowed; Waterfront
Exterior: Balcony; Patio Covered; Patio Open; Porch
Interior: Breakfast Bar; Built-In Bookcases; Ceiling Vaulted; Fireplace 2+; Fireplace Gas; Floor Hardwood; Floor Marble; Furnished - All; Kitchen Island; Lighting Recessed; Washer/Dryer Hookup; Window Treatmnt Some
Appliances: Dishwasher; Dryer; Range Hood; Refrigerator; Stove/Oven Gas; Washer; Wine Refrigerator
Utilities: Electric; Gas - Natural; Public Sewer; Public Water
Energy: AC - Central Elect; Ceiling Fans; Heat Cntrl Electric; Insulated Doors; Storm Doors; Storm Windows; Water Heater - Elect
Master Bedroom: First
Bedroom: First; Second
Kitchen: Second
Living Room: Second
Full Bathroom: First; Second
Rooms: Bedroom; Dining Area; Full Bathroom; Kitchen; Library; Living Room; Master Bedroom
Fees Include: Management; Master Association; Recreational Faclty; Security; TV Cable
Supplements
multiple pools, tennis and pickleball courts, fitness center, Camp Watercolor lazy river, nature trails, and a direct path with deeded access to the WaterColor Beach Club.
Reclaimed 126-year-old Heart of Pine hardwood floors carry through every room, lending warmth and continuity throughout. Upstairs, 20-foot vaulted ceilings open above a living room anchored by a fireplace, while the kitchen is outfitted for serious use: solid wood self-closing cabinetry, a large walk-in pantry, granite countertops, twin stainless steel dishwashers, dual sinks, a Wolf gas range, and a Sub-Zero refrigerator. The layout flows naturally into dining and outdoor spaces, making the home as functional as it is comfortable.
Outdoor living is the star here. The front balcony and patio both offer swinging daybeds overlooking green space and the trail system. At the back of the home, a large deck provides the footprint for expanded entertaining or Design Board tentatively approved additional bedrooms. A fully screened carriage house connects directly to the kitchen and dining spaces and converts easily into an additional private guest suite or full mother-in-law unit overlooking a private yard primed for a sizable pool -- rare in WaterColor at any price. Below, covered two-car parking and bike storage complete the structure.
Opportunities at this price point, with the flexibility for immediate use, personalization, or near doubling of existing square footage (deck buildout and carriage house suite) and a pool have largely disappeared from anywhere within WaterColor.
Room Information
| Room Name | Level | Dimensions | Length | Width | Remarks |
| Master Bedroom | First | 12.25 x 12.33 | 12.25 | 12.33 | |
| Bedroom | First | 10.5 x 11.38 | 10.50 | 11.38 | |
| Full Bathroom | First | 10.5 x 6.92 | 10.50 | 6.92 | |
| Library | First | 18 x 9.5 | 18.00 | 9.50 | |
| Living Room | Second | 25 x 15.8 | 25.00 | 15.80 | |
| Kitchen | Second | 20.9 x 15 | 20.90 | 15.00 | L shape Countertops |
| Dining Area | Second | 20.9 x 15 | 20.90 | 15.00 | |
| Bedroom | Second | 13.5 x 10.2 | 13.50 | 10.20 | |
| Full Bathroom | Second | 7.5 x 5 | 7.50 | 5.00 |
Listing Office: Christies International Real Estate Emerald Coast
Last Updated: April - 07 - 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.
