$4,075,000
$4,125,000
1.2%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
6 Baths
2,821 SqFt
SOLD DATE : 03/25/2026
Key Details
Sold Price $4,075,000
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,821 sqft
Price per Sqft $1,444
Subdivision Watercolor
MLS Listing ID 995896
Sold Date 03/25/26
Style Florida Cottage
Bedrooms 5
Full Baths 5
Half Baths 1
HOA Y/N Yes
Year Built 2006
Annual Tax Amount $26,019
Tax Year 2026
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 74x100x46x100
Property Sub-Type Detached Single Family
Source Emerald Coast Association of REALTORS®
Land Area 2821
Property Description
Imagine owning a WaterColor estate that practically manages itself. This five-bedroom, five-and-a-half-bath corner residence delivers exceptional coastal living with strong rental performance. With $351,366 in 2025 gross revenue and projections of $361,250 in 2026, the property effortlessly balances lifestyle and income potential, making it perfect for savvy investors or families seeking a turn-key beach retreat. Set just steps from the beach club, town center, and Gulf waters, the home offers over 1,200 square feet of wraparound porches, private pool, cabana, and serene lake views, ideal for morning coffee or sunset gatherings. Inside, light-filled living spaces showcase pine hardwood floors, high ceilings, and refined Southern craftsmanship, blending elegance with casual comfort.
The chef's kitchen, guest suites, and primary suite with spa-like bath provide both functionality and indulgence, while a detached carriage house adds extra flexibility for guests or rental use. Fully furnished and ready to go, the residence ensures owners can enjoy the WaterColor lifestyle immediately while capitalizing on the property's proven rental demand.
With exclusive access to resort-style amenities, including pools, tennis, a fitness center, and Camp WaterColor, this home anchors the ultimate coastal experience while providing tangible financial value.
Location
State FL
County Walton
Community Beach, Dock, Exercise Room, Fishing, Pets Allowed, Picnic Area, Playground, Pool, Tennis
Area 18 - 30A East
Zoning Deed Restrictions, Resid Single Family
Direction From 30A in WaterColor headed east take the first left onto Buttercup St. House is first one on the left corner. From 30A in WaterColor headed west go to Buttercup St. and turn right. House is on first house on left corner.
Rooms
Primary Bedroom Level Upper
Master Bedroom true
Kitchen true
Interior
Interior Features Breakfast Bar, Guest Quarters, Kitchen Island, Pantry, Washer/Dryer Hookup
Cooling Central Air
Flooring Floor Hardwood, Floor Tile
Fireplaces Type Fireplace
Furnishings Furnished - Some
Fireplace Yes
Window Features Plantation Shutters,Window Treatment All
Appliance Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer, Water Heater - Elect
Exterior
Exterior Feature Balcony, Fenced Back Yard, Pavillion/Gazebo, Summer Kitchen, In-Ground Pool, Porch, Fenced Backyard, Guest Quarters, Summer Kitchen, Exterior Fireplace, Balcony, Gazebo, Cabana
Garage Spaces 1.0
Pool Pool - In-Ground, Pool Type
Community Features Beach, Dock, Exercise Room, Fishing, Pets Allowed, Picnic Area, Playground, Pool, Tennis
Utilities Available Electric, Public Water, TV Cable
Street Surface Paved
Porch Porch
Garage Yes
Building
Lot Description Corner, Covenants, Restrictions, Within 1/2 Mile to Water
Faces From 30A in WaterColor headed east take the first left onto Buttercup St. House is first one on the left corner. From 30A in WaterColor headed west go to Buttercup St. and turn right. House is on first house on left corner.
Story 2
Sewer Public Sewer
Architectural Style Florida Cottage
Additional Building Cabana, Guest Quarters
New Construction No
Schools
Elementary Schools Dune Lakes
Middle Schools Emerald Coast
High Schools South Walton
Others
Pets Allowed No
HOA Fee Include Accounting,Internet Service,Cable TV,Trash
Tax ID 15-3S-19-25401-000-0010
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