$4,900,000
Santa Rosa Beach, FL 32459
MLS# 958478
Status: Sold
6 beds | 7 baths | 4374 sqft
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Property Description
** Private pool concept displayed in photos has been approved by Watercolor DRB. Quotes for project available upon request** Nestled in the highly sought-after Phase I of Watercolor, this exquisite coastal residence is a true masterpiece. One of only ten homes that faces the vibrant Cerulean Park, this trophy Watercolor property offers unparalleled positioning in the heart of the community, and a location that rarely becomes available. Just adjacent to Western Lake, and a two-minute walk to the exclusive Watercolor Beach Club and five minute walk to Seaside, FL—the epicenter of the renowned Scenic Highway 30A—this home is perfectly positioned for those who desire to experience the best that Watercolor living has to offer.
Details
Status Change Info
Sold Price/SqFt: 1120.26
Status: Sold
Under Contract Date: 2025-03-25
Sold Date: 2025-06-20
Sold Price: $4,900,000
Contract Info
Listing Board: Emerald Coast
List Price/SqFt: 1200.27
List Date: 2024-09-04
Current Price: $4,900,000
List Price: $5,250,000
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 4 CERULEAN PLACE I PB 14-96 OR 2432-1100 &-1104 OR 2620-2862 OR 2812-1099
General Property Info
Sub-Type: Detached Single Family
Design: Beach House
SqFt Source: County PA Records
Immediate Occupancy: Yes
Garage: Yes
Carport: No
Covered Spaces: 2
Driveway Spaces: 1
Pool: Yes
Pool Type: Community
Apx SqFt(Htd/Cooled): 4374
Bedrooms: 6
Full Baths: 5
Half Baths: 2
Total Bathrooms: 7
# Stories: 3
Year Built: 2007
Garage Spaces: 2
Acreage: 0.13
Listing Info, Tax & Legal
Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 1790
Annual Assessment Amount: 7160
Assessment Paid: Quarterly
New Buyer Fee: Yes
New Buyer Fee Amt: 307
New Buyer Fee Paid: $
Last Taxes: 25562.26
Last Tax Year: 2023
Brokerage Interest: No Interest
As Is: No
Remarks & Misc
Remarks: ** Private pool concept displayed in photos has been approved by Watercolor DRB. Quotes for project available upon request**
Nestled in the highly sought-after Phase I of Watercolor, this exquisite coastal residence is a true masterpiece. One of only ten homes that faces the vibrant Cerulean Park, this trophy Watercolor property offers unparalleled positioning in the heart of the community, and a location that rarely becomes available. Just adjacent to Western Lake, and a two-minute walk to the exclusive Watercolor Beach Club and five minute walk to Seaside, FL—the epicenter of the renowned Scenic Highway 30A—this home is perfectly positioned for those who desire to experience the best that Watercolor living has to offer.
Construction Status
Construction Complete: 1
Parking Features
Garage Detached: 1
Lot/Parcel Access
Paved Road: 1
Private Road: 1
Lot Features
Within 1/2 Mile to Water: 1
Project Facilities
BBQ Pit/Grill: 1
Beach: 1
Dock: 1
Exercise Room: 1
Fishing: 1
Marina: 1
Pavillion/Gazebo: 1
Pets Allowed: 1
Pickle Ball: 1
Picnic Area: 1
Playground: 1
Pool: 1
Short Term Rental - Allowed: 1
Tennis: 1
Construction/Siding
Siding CmntFbrHrdBrd: 1
Utilities
Electric: 1
Phone: 1
Public Sewer: 1
Public Water: 1
Tap Fee Paid: 1
TV Cable: 1
Zoning
Resid Single Family: 1
Exterior
Columns: 1
Deck Covered: 1
Fenced Lot-Part: 1
Patio Open: 1
Porch: 1
Porch Open: 1
Renovated: 1
Shower: 1
Interior
Ceiling Cathedral: 1
Ceiling Crwn Molding: 1
Ceiling Vaulted: 1
Fireplace Gas: 1
Floor Hardwood: 1
Floor Tile: 1
Furnished - All: 1
Kitchen Island: 1
Lighting Recessed: 1
Owner's Closet: 1
Plantation Shutters: 1
Renovated: 1
Shelving: 1
Walls Wainscoting: 1
Washer/Dryer Hookup: 1
Wet Bar: 1
Window Treatment All: 1
Woodwork Painted: 1
Financing
Conventional: 1
Appliances
Cooktop: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Fire Alarm/Sprinkler: 1
Freezer: 1
Ice Machine: 1
Intercom: 1
Microwave: 1
Oven Self Cleaning: 1
Range Hood: 1
Refrigerator: 1
Security System: 1
Smoke Detector: 1
Stove/Oven Gas: 1
Washer: 1
Wine Refrigerator: 1
Energy
AC - High Efficiency: 1
Water Heater - Gas: 1
Mstr Bdrm/Mstr Bath
MBath Double Vanity: 1
MBath Garden Tub: 1
MBath Tile: 1
MBed First Floor: 1
MBed Sitting Area: 1
MBed Walk-in Closet: 1
Master Bedroom
First: 1
Bedroom
First: 1
Kitchen
Second: 1
Living Room
Second: 1
Rooms
Bedroom: 1
Den: 1
Dining Room: 1
Kitchen: 1
Living Room: 1
Loft: 1
Master Bedroom: 1
Fees Include
Master Association: 1
Location Tax and Legal
Area: 18 - 30A East
Street #: 81
Street Direction: W
Street Name: Watercolor
Street Suffix: Boulevard
State: FL
Zip Code: 32459
County: Walton
Project Name/Subdivision: WATERCOLOR
Parcel ID: 15-3S-19-25410-000-0040
Property Features
Construction Status: Construction Complete
Lot Features: Within 1/2 Mile to Water
Zoning: Resid Single Family
Parking Features: Garage Detached
Project Facilities: BBQ Pit/Grill; Beach; Dock; Exercise Room; Fishing; Marina; Pavillion/Gazebo; Pets Allowed; Pickle Ball; Picnic Area; Playground; Pool; Short Term Rental - Allowed; Tennis
Exterior: Columns; Deck Covered; Fenced Lot-Part; Patio Open; Porch; Porch Open; Renovated; Shower
Interior: Ceiling Cathedral; Ceiling Crwn Molding; Ceiling Vaulted; Fireplace Gas; Floor Hardwood; Floor Tile; Furnished - All; Kitchen Island; Lighting Recessed; Owner's Closet; Plantation Shutters; Renovated; Shelving; Walls Wainscoting; Washer/Dryer Hookup; Wet Bar; Window Treatment All; Woodwork Painted
Appliances: Cooktop; Dishwasher; Disposal; Dryer; Fire Alarm/Sprinkler; Freezer; Ice Machine; Intercom; Microwave; Oven Self Cleaning; Range Hood; Refrigerator; Security System; Smoke Detector; Stove/Oven Gas; Washer; Wine Refrigerator
Utilities: Electric; Phone; Public Sewer; Public Water; Tap Fee Paid; TV Cable
Energy: AC - High Efficiency; Water Heater - Gas
Master Bedroom: First
Bedroom: First
Kitchen: Second
Living Room: Second
Rooms: Bedroom; Den; Dining Room; Kitchen; Living Room; Loft; Master Bedroom
Financing: Conventional
Fees Include: Master Association
Supplements
Expertly designed by Dungan/Nequette architects, this 6-bedroom, 7-bathroom home spans nearly 4,400 square feet of thoughtfully crafted living space, with an additional 1,300+ square feet of covered porches and balconies. Entering the home, you will immediately note the authentic 100-year-old wide plank pine flooring, as well as the gorgeous wainscoating, custom light fixtures, and designer furnishings. The first level primary bedroom with a private study nook opens directly onto a private central courtyard, a lovely spot for morning coffee or an evening glass of wine. The newly renovated en-suite primary bathroom contains elegant marble tile throughout, a soaking tub and large walk-in shower. The home's first level also includes a cozy sitting room/den and powder room, as well as two spacious and well-appointed guest suites, each with en-suite bathrooms that are newly renovated in 2024.
The expansive great room is bathed in natural light from the window lined walls and French doors that lead to the wraparound balcony offering canopy vistas and sight-lines of the flower-lined walking paths at Cerulean Park. The lime-washed brick fireplace serves as the focal point of the living room, while floor-to-ceiling shiplap walls and designer furnishings create an inviting and relaxing coastal atmosphere. A sizable central island, complete with prep sink, ice maker, and wine fridge anchors the kitchen and is illuminated by an elegant chandelier hanging from the vaulted ceiling. The kitchen features custom cabinetry and ample counter space finished with a marble backsplash. The second level features a formal dining space and the home's third guest bedroom with a completely updated en-suite bathroom. The breezeway balcony overlooking the private courtyard provides a seamless connection from the main house to the carriage house, which is fully equipped with a large, open bedroom, sitting area, full kitchen and bathroom that also recently underwent a renovation. Continuing upward to the home's third level reveals a loft-style bunk/media room, complete with a wet bar and mini-fridge, a second half bathroom, and another guest bedroom.
This residence's prime positioning in Watercolor makes it an attractive rental property year-round, as it offers ideal proximity to Watercolor's many amenities, as well as the green spaces where community events are hosted throughout the year, including the Harvest Wine Festival, one of the premier wine and food festivals in the Southeast, the Mountain Film Festival, and many more! Guests will also appreciate the multiple indoor and outdoor living spaces the home offers that make hosting large groups or multiple families a breeze.
All owners in Watercolor have access to an array of world-class amenities, including the Watercolor Beach Club with its three Gulf-front pools, cabanas, tiki bar, and dining options. Families will enjoy the waterpark at Camp Watercolor, while outdoor enthusiasts can take advantage of direct access to Western Lake for kayaking and paddle boarding. The community's extensive walking and biking paths, tranquil parks, and curated landscaping offer endless opportunities for relaxation and recreation. This is truly a one-of-a-kind opportunity to own a piece of paradise in 30A's largest master-planned community.
Room Information
| Room Name | Level | Dimensions | Length | Width |
| Den | First | 16.5 x 16.5 | 16.50 | 16.50 |
| Master Bedroom | First | 16 x 14 | 16.00 | 14.00 |
| Bedroom | First | 14 x 14 | 14.00 | 14.00 |
| Bedroom | First | 14 x 12.5 | 14.00 | 12.50 |
| Kitchen | Second | 16 x 15 | 16.00 | 15.00 |
| Living Room | Second | 27 x 24 | 27.00 | 24.00 |
| Dining Room | Second | 16 x 16 | 16.00 | 16.00 |
| Loft | Third | 14 x 14 | 14.00 | 14.00 |
Listing Office: Compass
Last Updated: June - 20 - 2025
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.