
121 Red Cedar Way Santa Rosa Beach, FL 32459
WaterColor NeighborhoodEstimated payment $22,054/month
Highlights
- Beach
- Deeded access to the beach
- Fishing
- Bay Elementary School Rated A-
- In Ground Pool
- Vaulted Ceiling
About This Home
Nestled in the sought-after Camp District of WaterColor, this newly renovated coastal retreat offers the perfect blend of upscale design and relaxed Florida living. Thoughtfully updated and impeccably maintained, the 4-bedroom, 4.5-bathroom home spans over 3,100 square feet and is ideally positioned just steps from Camp WaterColor's world-class amenities.The property boasts a brand-new heated saltwater pool complete with a water feature, LED lighting, and elegant travertine decking—all finished with the highest-grade Gunite for a smooth, polished look. A brand-new golf cart, equipped with LED lights and a premium sound system, is also included in the sale, adding unmatched convenience and lifestyle appeal. Inside, the home features a light-filled open floor plan with white oak ceilings, updated bathrooms, and refined finishes throughout. The chef's kitchen is outfitted with Wolf, Sub-Zero, and Bosch appliances, marble countertops and backsplash, and a dedicated ice machineperfect for entertaining. The large screened porch offers a peaceful setting for alfresco dining, while new furnishingsboth indoors and outensure a move-in-ready experience. The master suite includes a brand-new mattress and all bedrooms feature upgraded televisions for comfort and entertainment.Set on a beautifully manicured lot with enhanced landscaping and mature trees, the property offers both curb appeal and privacy. Whether you're seeking a full-time residence or a refined vacation home, this WaterColor sanctuary delivers a luxurious and low-maintenance lifestyle just moments from the beach, shopping, dining, and scenic Seaside.
Last Listed By
Scenic Sotheby's International Realty Brokerage Email: dahlerandco@scenicsir.com Listed on: 05/24/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,112
Year Built
- Built in 2006
Lot Details
- 7,841 Sq Ft Lot
- Lot Dimensions are 104x114x46x98
- Level Lot
- Irregular Lot
HOA Fees
- $503 Monthly HOA Fees
Home Design
- Beach House
- Frame Construction
- Metal Roof
- Wood Trim
- Piling Construction
- Cement Board or Planked
Interior Spaces
- 3,163 Sq Ft Home
- 3-Story Property
- Wet Bar
- Furnished
- Woodwork
- Vaulted Ceiling
- Ceiling Fan
- Gas Fireplace
- Window Treatments
- Living Room
- Dining Area
- Screened Porch
- Fire and Smoke Detector
Kitchen
- Gas Oven or Range
- Range Hood
- Microwave
- Ice Maker
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Painted or Stained Flooring
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Built-In Bunk Beds
- Dual Vanity Sinks in Primary Bathroom
- Shower Only
- Primary Bathroom includes a Walk-In Shower
Laundry
- Dryer
- Washer
Pool
- In Ground Pool
- Outdoor Shower
Outdoor Features
- Deeded access to the beach
- Shed
Schools
- Dune Lakes Elementary School
- Emerald Coast Middle School
- South Walton High School
Utilities
- Multiple cooling system units
- Central Heating
- Tankless Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 15-3S-19-25415-000-0420
Community Details
Overview
- Association fees include accounting, internet service, legal, licenses/permits, management, recreational faclty, security, cable TV
- Watercolor Subdivision
- The community has rules related to covenants
- Handicap Modified Features In Community
Recreation
- Beach
- Community Pool
- Fishing
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $18,788 | $2,632,203 | $611,637 | $2,020,566 |
2023 | $18,788 | $2,413,094 | $611,637 | $1,801,457 |
2022 | $16,344 | $1,941,802 | $611,636 | $1,330,166 |
2021 | $14,048 | $1,510,930 | $593,821 | $917,109 |
2020 | $12,642 | $1,266,393 | $543,272 | $723,121 |
2019 | $12,353 | $1,243,887 | $527,448 | $716,439 |
2018 | $11,592 | $1,162,566 | $0 | $0 |
2017 | $11,403 | $1,150,496 | $497,171 | $653,325 |
2016 | $11,181 | $1,117,383 | $0 | $0 |
2015 | $10,890 | $1,071,326 | $0 | $0 |
2014 | $10,503 | $1,050,698 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/24/2025 05/24/25 | For Sale | $3,600,000 | +5.9% | $1,138 / Sq Ft |
04/15/2024 04/15/24 | Sold | $3,400,000 | -5.4% | $1,075 / Sq Ft |
12/31/2023 12/31/23 | Pending | -- | -- | -- |
10/26/2023 10/26/23 | For Sale | $3,595,000 | -- | $1,137 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $3,400,000 | 850 Title Llc | |
Quit Claim Deed | -- | Fidelity National Finacial | |
Corporate Deed | $970,000 | None Available | |
Warranty Deed | $725,000 | -- | |
Warranty Deed | $295,000 | Coastal Title Group Inc | |
Special Warranty Deed | $221,500 | Sunbelt Title Agency |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $2,500,000 | New Conventional | |
Closed | $2,500,000 | New Conventional | |
Previous Owner | $660,000 | New Conventional | |
Previous Owner | $763,500 | New Conventional | |
Previous Owner | $776,000 | New Conventional | |
Previous Owner | $652,500 | Purchase Money Mortgage | |
Previous Owner | $750,000 | Construction | |
Previous Owner | $199,285 | No Value Available |
About the Listing Agent

Brad Dahler has been vacationing on the Emerald Coast since he was a child and moved to the area in 2017. He attended Missouri State University in Springfield, Missouri, and went into sales before earning his real estate license and turning his attention toward buyers and sellers in WaterColor and along Scenic Highway 30A.
His belief in a hands-on approach with clients and a heavy investment in marketing helped propel him to a sales volume of more than $100 million in 2021. At his prior
Dahler &'s Other Listings
Source: Emerald Coast Association of REALTORS®
MLS Number: 977162

APN: 15-3S-19-25415-000-0420
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