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$8,000,000
6 Beds ⋅ 5 Baths ⋅ 1006685 MLS ⋅ 5,768 SqFt.
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.

40 Chapman Oak Way, Santa Rosa Beach
$4,850,000
6 Beds ⋅ 6 Baths ⋅ 1005346 MLS ⋅ 3,551 SqFt.
One of WaterColor's most coveted south-of-30A locations: offering Gulf views, a backdrop of Grayton Beach State Park and projected rental income of $426,670 annually. Positioned along WaterColor's exclusive Park Row and bordering the serenity of Grayton Beach State Park, this gulf-front home delivers the rare combination of privacy, space and immediate access to the best of 30A. With sweeping views of both the gulf and Western Lake, this six-bedroom retreat is just steps from the Beach Club, Fish Out of Water and Town Center - yet tucked away enough to offer the quietude expected from a high-end coastal escape.

93 Park Row Ln, Santa Rosa Beach
$4,695,000
6 Beds ⋅ 6 Baths ⋅ 1004623 MLS ⋅ 4,563 SqFt.
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. 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.

21 Blackwater St, Santa Rosa Beach
$3,895,000
6 Beds ⋅ 6 Baths ⋅ 1002574 MLS ⋅ 3,561 SqFt.
Ample entertaining space and coastal casual elegance combine in this property, which features numerous bedrooms, a pool, and a yard that are the envy of the the community. Recently renovated and redecorated, new life was breathed into a WaterColor classic in 2021, with features like Thermador appliances, designer fixtures, cararra marble, and reclaimed wood floors. A site survey and improvement study reveal space for further additions. While, rental bookings for this home have been steady over the course of its current ownership. This home presents an excellent opportunity for an investor looking to capture equity through expansion, or for someone who sees the value in its prime location and rental history. With abundant living and entertaining space, 43 Sandy Creek Circle is a crowd pleaser, designed for tranquility and full of energy.

43 Sandy Creek Cir, Santa Rosa Beach
$7,499,000
10 Beds ⋅ 10 Baths ⋅ 999794 MLS ⋅ 6,550 SqFt.
In WaterColor, the most compelling homes are not simply designed for a week at the beach. They are created for the rhythm of everyday life on 30A. Slow mornings, time outdoors, family gatherings, and the ability to comfortably host the people you love. At 565 East Royal Fern, that sense of permanence is immediately clear. Built by Borges Brooks Builders and designed by TS Adams, the residence feels less like a traditional vacation property and more like a thoughtfully composed coastal compound. Architecture, craftsmanship, and livability were considered in equal measure, creating a home that is equally suited for quiet daily routines and larger gatherings with family and friends. The interiors are warm, relaxed, and designed to be lived in. Oak floors by Seashore Flooring extend throughout the home, complementing a natural palette of whites and wood tones. Expansive openings allow sunlight to move easily through the living spaces, while subtle architectural details give each room its own character. Several furnishings were custom designed by the homeowner and handcrafted by Amish craftsmen, adding a personal layer that makes the home feel collected rather than staged. At the center of the main living space, the kitchen balances beautiful design with the functionality needed for everyday use. A waterfall island offers generous room for meals, homework, conversation, and entertaining, while dome pendants create a clean architectural focal point. A 60-inch Wolf range and Liebherr refrigerator complete the appliance package. The carriage house features quartz countertops and coordinated finishes, allowing it to function comfortably as a private space for extended family, guests, or live-in support. With eight bedrooms, including the private carriage house, the home provides the flexibility that full-time living often requires. The primary suite is positioned as a true retreat, featuring a spa-style bathroom with a soaking tub, electric fireplace, dual closets, and direct access to a private patio. Guest accommodations are thoughtfully distributed throughout the property, offering privacy without feeling disconnected from the rest of the home. Practical construction decisions further set the residence apart. The elevated, foam-insulated slab was designed to enhance stability and help prevent floor movement over time. Real stone in the downstairs guest bathroom reflects the emphasis on authentic materials, while EPAY decking throughout the outdoor living areas was selected for its durability in the coastal environment. Outside, the resort-style pool and covered pavilion become a natural extension of the home. The spaces are designed for more than entertaining, offering room for morning coffee, afternoons by the pool, outdoor dinners, and the everyday moments that make living on 30A so special. 565 East Royal Fern offers the rare opportunity to experience WaterColor not simply as a destination, but as home. It is a residence defined by thoughtful design, lasting craftsmanship, and a more personal, livable interpretation of coastal luxury.

565 E Royal Fern Way, Santa Rosa Beach
$5,950,000
7 Beds ⋅ 7 Baths ⋅ 997564 MLS ⋅ 5,130 SqFt.
Located in the heart of WaterColor and designed by architect Dawn Thurber, this corner-lot residence offers multiple porches with Gulf views from its four-story watchtower. Positioned across from the WaterColor Beach Club, the home spans more than 5,000 square feet and includes seven bedrooms, a private pool, and a carriage house. Recent updates feature an additional third-floor bathroom, refreshed flooring, and upgraded lighting. Additional details include a central vacuum system and floor-to-ceiling impact glass windows. The main living and dining areas are located on the second floor, providing privacy and abundant natural light. The living room features soaring ceilings and French doors that open to generous covered outdoor spaces, creating seamless indoor-outdoor flow. A formal dining area and additional sitting spaces offer flexibility, while the kitchen is equipped with premium appliances, ample cabinetry, and a bar seating area. Accommodations include suites on each floor and in the carriage house, along with a built-in bunk area. The private pool is positioned between the main house and carriage house, complemented by a wood-burning fireplace and outdoor kitchen. A spacious mudroom includes custom built-ins, two sets of washers and dryers, and a changing room for convenient pool and beach access. WaterColor offers a wide range of amenities, including a beach club, fitness center, town center, tennis and pickleball courts, walking and biking trails, and a boathouse with access to the lake for paddle boarding and kayaking. The community is also conveniently located just minutes from the dining and entertainment options along Scenic 30A. Inquire today to schedule a private showing and experience all that WaterColor has to offer.

81 Western Lake Dr, Santa Rosa Beach
$6,295,000
6 Beds ⋅ 8 Baths ⋅ 995996 MLS ⋅ 5,302 SqFt.
Situated in WaterColor's coveted Lake District, this exceptional six-bedroom, eight-bathroom residence defines coastal luxury at its finest. Professionally designed and offered fully furnished, the home delivers a seamless blend of sophistication, comfort, and proven rental appeal. Generating $388,479 in 2025 rental revenue with projections of $401,350 in 2026, this residence provides both a refined personal retreat and a strong investment opportunity. The open, airy floor plan was designed for both intimate gatherings and grand entertaining. Anchored by a gourmet kitchen with premium appliances, an oversized island, and custom cabinetry, the space flows effortlessly into the dining area and great room, where a fireplace, coffered ceilings, and designer finishes create a warm yet elevated atmosphere. Expansive glass doors dissolve the boundary between indoors and out, revealing a private outdoor sanctuary with a heated pool and hot tub, covered patio, and fully equipped summer kitchen, perfect for year-round entertaining. All six bedrooms feature ensuite baths, offering privacy and comfort for guests and family alike. The second-level primary suite boasts a spa-inspired bathroom, private balcony, and expansive walk-in closet. This floor also includes an additional guest suite, a relaxed lounge area, and separate guest quarters complete with kitchenette, bath, and laundry ideal for extended visits. Accessible via stairs or elevator, the third level features a charming bunk room, additional sitting areas, and extra sleeping accommodations, providing ample space for larger groups. Throughout the home, custom millwork, designer lighting, and curated finishes elevate every detail, reflecting meticulous craftsmanship and thoughtful design. Ideally located near the WaterColor Beach Club, Camp WaterColor, scenic nature trails, and the boutiques and dining along 30A, this residence offers an unparalleled lifestyle. Whether enjoyed as a full-time home, a luxurious coastal getaway, or a high-performing investment property, 26 Rain Lily Lane stands as a true masterpiece of design, comfort, and coastal living.

26 Rain Lily Ln, Santa Rosa Beach
$3,995,000
6 Beds ⋅ 7 Baths ⋅ 985810 MLS ⋅ 4,552 SqFt.
Nestled in the Forest District of WaterColor's Phase II, 114 Pine Needle is a stunning 6-bedroom, 6.5-bathroom cottage blending classic Florida charm with modern comfort. Bright white walls, cheerful furnishings, and coastal blue accents create a warm, inviting atmosphere. Five bedrooms feature en suite baths, with ample space for any group. The 2nd floor entertains with a huge open living area, kitchen, and dining that spills onto a 34' wide deck overlooking the private preserve. The 3rd & 4th floors offer a kids/sitting room and tower with mini kitchen—perfect for sunset views. Three sitting areas and five spacious porches ensure relaxation and connection for large families. Conveniently near Camp WaterColor and a short bike ride to the Gulf Front Beach Club with 3 pools along the Gulf Golf Cart included

114 Pine Needle Way, Santa Rosa Beach

Vendor Member Number : 28166