40 Chapman Oak Way, Santa Rosa Beach, FL 32459 (MLS# 1006685)


$8,000,000
40 Chapman Oak Way
Santa Rosa Beach, FL 32459
MLS# 1006685
6 beds  |  5 baths  |  5768 sqft


Front
  1 / 73  
Front Front Front Front porch Front porch Front porch Office Office Office Kitchen Kitchen Kitchen Pantry Laundry Kitchen / den Kitchen / den Den Den Den Den Dining Dining Powder Bedroom 1 Bedroom 1 Bathroom 1 2nd floor bedroom 2nd floor bedroom 2nd floor bathroom 2nd floor bedroom deck 2nd floor bedroom 2nd floor bedroom 2nd floor bathroom 2nd floor master suite 2nd floor master suite 2nd floor master suite 2nd floor master suite 2nd floor master bathroom Master bathroom Master bedroom deck 3rd floor bonus room 3rd floor bonus room 3rd floor bonus room 3rd floor bonus room 3rd floor bedroom 3rd floor bedroom 3rd floor bathroom 3rd floor bunk room 3rd floor bunk room Garage Bach porch deck Covered porch Back porch deck Pool Pool Pool Pool Pool Pool Summer kitchen Summer kitchen Summer kitchen Summer kitchen Carriage house Carriage house Carriage house Carriage house Carriage kitchen Carriage kitchen Carriage bathroom Drone Drone Drone

Property Description
Located in Phase 2, this one family owned, never before rented home offers the privacy of a backyard preserve, a front yard facing a park area, while also being tucked nicely inside a private cove. This home has one of the largest private family pools inside the Watercolor community and was designed by the Stackable Group and built by Cole construction. A Peacock paver pool deck with fully fenced in back yard expands into a summer kitchen with an outdoor fireplace. The carriage house is fully equipped with a kitchen, full bath and extends over a full capacity two car garage. Inside the home you will find grey washed floors, mosaic marble bathrooms, and souring ceilings. A large fireplace anchors the living and dining area. This home offers large rental projections while also providing a luxurious secluded space within the community.

Details
General Property Info
userdefined76: 6
Sub-Type: Detached Single Family
Design: Beach House
SqFt Source: County PA Records
Immediate Occupancy: Yes
Garage: Yes
Carport: No
Carport Spaces: 0
Covered Spaces: 0
Driveway Spaces: 2
Street Spaces: 2
Assigned Spaces: 0
Pool: Yes
Pool Type: Private
Apx SqFt(Htd/Cooled): 5768
Bedrooms: 6
Full Baths: 5
Total Bathrooms: 5
# Stories: 3
Year Built: 2014
Garage Spaces: 2
Acreage: 0.25
Contract Info
Listing Board: Emerald Coast
List Price/SqFt: 1386.96
List Date: 2026-07-01
Current Price: $8,000,000
List Price: $8,000,000
Location, Tax and Legal
Sub Area: 1802 - S. of 98 W of Camp Creek
Elementary School: Bay
Middle School: Emerald Coast
High School: South Walton
Legal Description: LOT 45 CYPRESS COVE AT WATERCOLOR S/D PB 15-44 OR 2576-1285 OR 2612-1446 OR 2708-6062 OR 2851-4057 OR 2867-3937 OR 2900-1870 OR 2960-2232
Listing Info, Tax & Legal
Homestead: No
Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 1890
Annual Assessment Amount: 7560
Assessment Paid: Quarterly
New Buyer Fee: Yes
New Buyer Fee Amt: 0.5
New Buyer Fee Paid: %
Last Taxes: 36270.02
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: No
Remarks & Misc
Remarks: Located in Phase 2, this one family owned, never before rented home offers the privacy of a backyard preserve, a front yard facing a park area, while also being tucked nicely inside a private cove. This home has one of the largest private family pools inside the Watercolor community and was designed by the Stackable Group and built by Cole construction. A Peacock paver pool deck with fully fenced in back yard expands into a summer kitchen with an outdoor fireplace. The carriage house is fully equipped with a kitchen, full bath and extends over a full capacity two car garage. Inside the home you will find grey washed floors, mosaic marble bathrooms, and souring ceilings. A large fireplace anchors the living and dining area. This home offers large rental projections while also providing a luxurious secluded space within the community.
Construction Status
Construction Complete: 1
Parking Features
Garage Detached: 1
Lot/Parcel Access
Paved Road: 1
Private Road: 1
Lot Features
Curb & Gutter: 1
Project Facilities
Beach: 1
Community Room: 1
Dock: 1
Pets Allowed: 1
Pickle Ball: 1
Pool: 1
Short Term Rental - Allowed: 1
Tennis: 1
TV Cable: 1
Construction/Siding
Concrete: 1
Foundation On Piling: 1
Roof Metal: 1
Siding CmntFbrHrdBrd: 1
Utilities
Electric: 1
Gas - Natural: 1
Public Sewer: 1
Public Water: 1
TV Cable: 1
Zoning
Resid Single Family: 1
Exterior
Balcony: 1
BBQ Pit/Grill: 1
Columns: 1
Deck Covered: 1
Fenced Back Yard: 1
Fenced Privacy: 1
Fireplace: 1
Guest Quarters: 1
Patio Covered: 1
Patio Enclosed: 1
Patio Open: 1
Pool - Enclosed: 1
Pool - Gunite Concrt: 1
Pool - In-Ground: 1
Porch: 1
Rain Gutter: 1
Shower: 1
Sprinkler System: 1
Summer Kitchen: 1
Interior
Breakfast Bar: 1
Built-In Bookcases: 1
Ceiling Beamed: 1
Ceiling Cathedral: 1
Ceiling Crwn Molding: 1
Ceiling Vaulted: 1
Fireplace: 1
Fireplace Gas: 1
Floor Hardwood: 1
Floor Tile: 1
Furnished - All: 1
Guest Quarters: 1
Hallway Bunk Beds: 1
Kitchen Island: 1
Lighting Recessed: 1
Newly Painted: 1
Pantry: 1
Washer/Dryer Hookup: 1
Window Treatment All: 1
Appliances
Auto Garage Door Opn: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Oven Double: 1
Range Hood: 1
Refrigerator: 1
Refrigerator W/IceMk: 1
Smoke Detector: 1
Washer: 1
Energy
AC - 2 or More: 1
AC - Central Elect: 1
Ceiling Fans: 1
Double Pane Windows: 1
Heat - Two or More: 1
Heat Cntrl Electric: 1
Heat High Efficiency: 1
Water Heater - Tnkls: 1
Mstr Bdrm/Mstr Bath
MBath Cultured Mrble: 1
MBath Double Vanity: 1
MBath Garden Tub: 1
MBath Separate Shwr: 1
MBed Balcony: 1
Master Bedroom
Second: 1
Bedroom
First: 1
Second: 1
Kitchen
First: 1
Rooms
Bedroom: 1
Bonus Room: 1
Bunk Room: 1
Den: 1
Kitchen: 1
Master Bedroom: 1
Media Room: 1
Office: 1
Fees Include
Accounting: 1
Internet Service: 1
Land Recreation: 1
Trash: 1
TV Cable: 1
Status Change Info
Status: Active
Location Tax and Legal
Area: 18 - 30A East
Street #: 40
Street Name: Chapman Oak
Street Suffix: Way
State: FL
Zip Code: 32459
County: Walton
Project Name/Subdivision: WATERCOLOR
Parcel ID: 14-3S-19-25400-000-0450
Property Features
Construction Status: Construction Complete
Lot Features: Curb & Gutter
Zoning: Resid Single Family
Parking Features: Garage Detached
Project Facilities: Beach; Community Room; Dock; Pets Allowed; Pickle Ball; Pool; Short Term Rental - Allowed; Tennis; TV Cable
Exterior: Balcony; BBQ Pit/Grill; Columns; Deck Covered; Fenced Back Yard; Fenced Privacy; Fireplace; Guest Quarters; Patio Covered; Patio Enclosed; Patio Open; Pool - Enclosed; Pool - Gunite Concrt; Pool - In-Ground; Porch; Rain Gutter; Shower; Sprinkler System; Summer Kitchen
Interior: Breakfast Bar; Built-In Bookcases; Ceiling Beamed; Ceiling Cathedral; Ceiling Crwn Molding; Ceiling Vaulted; Fireplace; Fireplace Gas; Floor Hardwood; Floor Tile; Furnished - All; Guest Quarters; Hallway Bunk Beds; Kitchen Island; Lighting Recessed; Newly Painted; Pantry; Washer/Dryer Hookup; Window Treatment All
Appliances: Auto Garage Door Opn; Dishwasher; Disposal; Dryer; Microwave; Oven Double; Range Hood; Refrigerator; Refrigerator W/IceMk; Smoke Detector; Washer
Utilities: Electric; Gas - Natural; Public Sewer; Public Water; TV Cable
Energy: AC - 2 or More; AC - Central Elect; Ceiling Fans; Double Pane Windows; Heat - Two or More; Heat Cntrl Electric; Heat High Efficiency; Water Heater - Tnkls
Master Bedroom: Second
Bedroom: First; Second
Kitchen: First
Rooms: Bedroom; Bonus Room; Bunk Room; Den; Kitchen; Master Bedroom; Media Room; Office
Fees Include: Accounting; Internet Service; Land Recreation; Trash; TV Cable
Room Information
Room Name Level Dimensions Length Width
KitchenFirst16 x 1316.0013.00
DenFirst32 x 2032.0020.00
BedroomFirst14 x 1014.0010.00
OfficeFirst12 x 1012.0010.00
BedroomSecond12 x 1112.0011.00
Master BedroomSecond19 x 1719.0017.00
BedroomSecond16 x 1316.0013.00
BedroomSecond17 x 1217.0012.00
Media RoomThird31 x 1631.0016.00
Bonus RoomThird24 x 1224.0012.00
Bunk RoomThird21 x 1621.0016.00

Listing Office: Watersound Real Estate

Last Updated: July - 20 - 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.