
121 Red Cedar Way Santa Rosa Beach, FL 32459
WaterColor NeighborhoodEstimated payment $19,792/month
Highlights
- Beach
- Deeded access to the beach
- Fishing
- Dune Lakes Elementary School Rated A-
- In Ground Pool
- Vaulted Ceiling
About This Home
Tucked in the highly desirable Camp District of WaterColor, this newly renovated coastal retreat blends sophisticated design with effortless Florida living. Impeccably maintained and thoughtfully updated, the four-bedroom, four-and-a-half-bath home offers over 3,100 square feet of light-filled living space just steps from Camp WaterColor's premier amenities. Anchored by a brand-new heated saltwater pool with a tranquil water feature, LED lighting, and travertine decking, the outdoor living area is a true private oasis. The pool was finished with premium-grade gunite for a sleek and durable finish. A new golf cartequipped with LED lighting and a premium sound systemis also included, offering easy access to the beach, shops, and scenic 30A.
Inside, an open-concept floor plan showcases white oak ceilings, designer lighting, and freshly updated bathrooms throughout. The chef's kitchen is equipped with Sub-Zero, Wolf, and Bosch appliances, marble countertops and backsplash, and a dedicated ice makerideal for entertaining. A large screened porch off the living area creates a seamless transition to outdoor dining and relaxation.
Newly furnished throughout, the home includes upgraded TVs in every bedroom and a brand-new mattress in the primary suite. Set on a beautifully landscaped lot with mature trees and curated greenery, the property offers both privacy and curb appeal.
Whether you're searching for a full-time residence or an investment-ready vacation home, this WaterColor gem delivers turnkey luxury just minutes from the Gulf, Seaside, and everything 30A has to offer.
Listing Agent
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 |
---|---|---|---|---|
08/05/2025 08/05/25 | Price Changed | $3,300,000 | -5.7% | $1,043 / Sq Ft |
06/17/2025 06/17/25 | Price Changed | $3,500,000 | -2.8% | $1,107 / Sq Ft |
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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