$4,865,000
Santa Rosa Beach, FL 32459
MLS# 998160
5 beds | 6 baths | 3918 sqft
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Property Description
51 Mystic Cobalt Street is a three-story residence ideally positioned within the Park District of WaterColor Resort, just steps from the Beach Club, Boathouse, Town Center, and the Gulf. While centrally located to the community's most desirable amenities, the home enjoys a sense of privacy enhanced by generous outdoor living spaces and thoughtful design.
Details
Contract Info
Listing Board: Emerald Coast
List Price/SqFt: 1241.7
List Date: 2026-03-16
Current Price: $4,865,000
List Price: $4,865,000
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 1 COTTAGE DISTRICT AT WATERCOLOR OR 2299-1162 OR 2477-1011 OR 2812-4600
General Property Info
Sub-Type: Detached Single Family
Design: Florida Cottage
SqFt Source: Agent-Measured
Garage: Yes
Carport: No
Pool: Yes
Pool Type: Community
Apx SqFt(Htd/Cooled): 3918
Bedrooms: 5
Full Baths: 6
Total Bathrooms: 6
# Stories: 3
Year Built: 2006
Garage Spaces: 2
Acreage: 0.12
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: 307
New Buyer Fee Paid: $
Last Taxes: 29711.43
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: 51 Mystic Cobalt Street is a three-story residence ideally positioned within the Park District of WaterColor Resort, just steps from the Beach Club, Boathouse, Town Center, and the Gulf. While centrally located to the community's most desirable amenities, the home enjoys a sense of privacy enhanced by generous outdoor living spaces and thoughtful design.
Construction Status
Construction Complete: 1
Parking Features
Other: 1
Waterview
Gulf: 1
Lot/Parcel Access
Paved Road: 1
Lot Features
Corner: 1
Covenants: 1
Curb & Gutter: 1
Restrictions: 1
Within 1/2 Mile to Water: 1
Project Facilities
Beach: 1
Dock: 1
Exercise Room: 1
Fishing: 1
Golf: 1
Pets Allowed: 1
Pickle Ball: 1
Playground: 1
Pool: 1
Tennis: 1
TV Cable: 1
Waterfront: 1
Construction/Siding
Foundation On Piling: 1
Roof Metal: 1
Siding CmntFbrHrdBrd: 1
Trim Wood: 1
Utilities
Electric: 1
Gas - Natural: 1
Public Sewer: 1
Public Water: 1
TV Cable: 1
Zoning
Deed Restrictions: 1
Resid Single Family: 1
Exterior
Guest Quarters: 1
Porch: 1
Porch Screened: 1
Shower: 1
Interior
Breakfast Bar: 1
Ceiling Beamed: 1
Ceiling Crwn Molding: 1
Ceiling Raised: 1
Floor Hardwood: 1
Floor Tile: 1
Furnished - Some: 1
Guest Quarters: 1
Kitchen Island: 1
Lighting Recessed: 1
Wallpaper: 1
Washer/Dryer Hookup: 1
Wet Bar: 1
Window Treatment All: 1
Woodwork Painted: 1
Appliances
Auto Garage Door Opn: 1
Cooktop: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Refrigerator W/IceMk: 1
Smoke Detector: 1
Washer: 1
Energy
AC - 2 or More: 1
AC - Central Elect: 1
Ceiling Fans: 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
Living Room
Second: 1
Full Bathroom
First: 1
Rooms
Bedroom: 1
Dining Room: 1
Family Room: 1
Full Bathroom: 1
Laundry: 1
Living Room: 1
Master Bathroom: 1
Master Bedroom: 1
Screened Porch: 1
Separate Apartment: 1
Sitting Room: 1
Fees Include
Accounting: 1
Ground Keeping: 1
Master Association: 1
Recreational Faclty: 1
TV Cable: 1
Status Change Info
Status: Active
Location Tax and Legal
Area: 18 - 30A East
Street #: 51
Street Name: Mystic Cobalt
Street Suffix: Street
State: FL
Zip Code: 32459
County: Walton
Project Name/Subdivision: WATERCOLOR
Parcel ID: 15-3S-19-25402-000-0010
Property Features
Construction Status: Construction Complete
Lot Features: Corner; Covenants; Curb & Gutter; Restrictions; Within 1/2 Mile to Water
Zoning: Deed Restrictions; Resid Single Family
Waterview: Gulf
Parking Features: Other
Project Facilities: Beach; Dock; Exercise Room; Fishing; Golf; Pets Allowed; Pickle Ball; Playground; Pool; Tennis; TV Cable; Waterfront
Exterior: Guest Quarters; Porch; Porch Screened; Shower
Interior: Breakfast Bar; Ceiling Beamed; Ceiling Crwn Molding; Ceiling Raised; Floor Hardwood; Floor Tile; Furnished - Some; Guest Quarters; Kitchen Island; Lighting Recessed; Wallpaper; Washer/Dryer Hookup; Wet Bar; Window Treatment All; Woodwork Painted
Appliances: Auto Garage Door Opn; Cooktop; Dishwasher; Disposal; Dryer; Microwave; 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
Master Bedroom: Second
Bedroom: First
Living Room: Second
Full Bathroom: First
Rooms: Bedroom; Dining Room; Family Room; Full Bathroom; Laundry; Living Room; Master Bathroom; Master Bedroom; Screened Porch; Separate Apartment; Sitting Room
Fees Include: Accounting; Ground Keeping; Master Association; Recreational Faclty; TV Cable
Supplements
Designed with a reverse floor plan to maximize light and views, the interiors are defined by antique wood flooring, soaring 12-foot ceilings, and exposed beams that add warmth and architectural character. The first level features three well-appointed guest bedrooms, each with its own ensuite bath, along with a bunk room that offers flexible accommodations for family and visitors. A spacious, light-filled living area on this level includes an alcove ideal for dining, games, or a secondary lounge space, with access to wraparound porches that make indoor-outdoor living seamless.
The second level serves as the heart of the home, where an open-concept kitchen, living, and dining area creates an inviting space for gathering. The gourmet kitchen features a generous island with breakfast bar seating, ample cabinetry, and easy flow into the dining area, accommodating both everyday living and entertaining. Just beyond, wraparound deck space extends the living area outdoors. The primary suite is also located on this level, offering balcony access and a marble-clad bathroom designed as a private retreat. An additional full bath on this floor functions conveniently as a powder bath or guest bath.
On the third level, an indoor-outdoor living space opens to partial views of WaterColor's Town Center and glimpses of the Gulf, creating an elevated setting for sunset conversations or quiet mornings. Multiple levels of outdoor deck space throughout the home provide ample room to relax, dine, and enjoy the coastal breeze.
The detached carriage house offers additional privacy and flexibility, complete with a basic kitchenette, sitting area, flat-screen TV, and full bathroom, ideal for guests or extended stays. Additional highlights include a screened-in porch with outdoor dining and grill, a two-car garage, and an in-home Peloton stationary bike for an immersive, high-energy workout experience.
Offering proximity to WaterColor's renowned pools, trails, dining, and beach access, 51 Mystic Cobalt Street blends architectural character, versatile living spaces, and an exceptional location within one of 30A's most sought-after communities.
Room Information
| Room Name | Level | Dimensions | Length | Width | Remarks |
| Bedroom | First | 15 x 12 | 15.00 | 12.00 | |
| Bedroom | First | 14 x 10 | 14.00 | 10.00 | |
| Bedroom | First | 14 x 10 | 14.00 | 10.00 | |
| Full Bathroom | First | 9 x 5 | 9.00 | 5.00 | |
| Full Bathroom | First | 9 x 5 | 9.00 | 5.00 | |
| Full Bathroom | First | 9 x 5 | 9.00 | 5.00 | |
| Laundry | First | 10 x 7 | 10.00 | 7.00 | |
| Screened Porch | First | 15 x 9 | 15.00 | 9.00 | |
| Family Room | First | 22 x 15 | 22.00 | 15.00 | |
| Master Bedroom | Second | 14 x 13 | 14.00 | 13.00 | |
| Master Bathroom | Second | 20 x 8 | 20.00 | 8.00 | |
| Dining Room | Second | 21 x 20 | 21.00 | 20.00 | Dining/Kitchen Combo |
| Living Room | Second | 15 x 11 | 15.00 | 11.00 | |
| Sitting Room | Third | 15 x 15 | 15.00 | 15.00 | |
| Separate Apartment | 23 x 23 | 23.00 | 23.00 |
Listing Office: Scenic Sotheby's International Realty
Last Updated: March - 31 - 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.
Broker Attribution:
[email protected]