$2,279,500

Estimated payment $14,328/month

Total Views 3,197
3 Beds
3 Baths
1,546 Sq Ft
$1,474 Price per Sq Ft

Highlights

  • Boat Dock
  • Beach
  • Fishing
  • Bay Elementary School Rated A-
  • Deeded access to the beach
  • Florida Architecture

About This Home

Nestled on a quiet street in the heart of Watercolor's coveted phase 1, this newly renovated 3-bedroom, 3-full-bathroom home sleeps 10. It is just minutes from the Watercolor Town Center, Beach Club, Boathouse, and Seaside. As you enter through the front doors, an open living room, dining room and kitchen greet you with on trend decor. A fresh kitchen remodel boasts unique quartzite counters and backsplash, a deep stainless steel sink, and stainless steel appliances. All bedrooms have ensuite bathrooms that were renovated in 2024. The primary bath has an amazing walk-in shower and a separate Jacuzzi tub. Two twin-over-twin beds with a built-in wardrobe adorn bedroom #2. Bedroom #3 has a queen bed with the cutest muraled tile shower and floors. Offered fully furnished with minor exceptions There 10 wristbands for Watercolor amenities. Buyer to verify all information and dimensions.

Listing Agent

Mike Cole

Watersound Real Estate License #3248404 Listed on: 06/15/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,530

Year Built

  • Built in 2004

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40x100
  • Property fronts a private road

HOA Fees

  • $613 Monthly HOA Fees

Home Design

  • Florida Architecture
  • Frame Construction
  • Metal Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 1,546 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Plantation Shutters
  • Living Room
  • Dining Area
  • Screened Porch

Kitchen

  • Electric Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deeded access to the beach

Schools

  • Dune Lakes Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Central Air
  • Air Source Heat Pump
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25403-000-0030

Community Details

Overview

  • Association fees include accounting, ground keeping, internet service, legal, management, master, cable TV
  • Watercolor Subdivision

Recreation

  • Boat Dock
  • Beach
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,530

Year Built

Built in 2004

Lot Details

0

HOA Fees

$613 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.09
  • Lot Size: 40X100
  • Road Frontage Type: Private Road
  • Subdivision Name: WATERCOLOR
  • Directions: From Hwy 30A in Watercolor, turn north on Mystic Cobalt Lane. Proceed north on Mystic Cobalt Lane to Silver Laurel Way. Turn right on Silver Laurel Way. 125 is the fourth home from the intersection of Mystic Cobalt and Silver Laurel on the left. Parking and access are at the rear of the home.
  • Architectural Style: Florida Cottage
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2004
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Washers: Yes
  • Energy:Heat Pump Air To Air: Yes
  • Rooms:Covered Porch: Yes
  • Rooms:Dining Area: Yes
  • Utilities:Gas - Natural: Yes
  • Rooms:Screened Porch: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Stove/Oven Electric, Washer, Water Heater - Elect
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Floor Hardwood, Floor Tile
  • Interior Amenities: Ceiling Crwn Molding, Owner's Closet, Washer/Dryer Hookup
  • Window Features: Plantation Shutters, Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Plantation Shutters: Yes

Exterior Features

  • Pool Features: Pool Type
  • Construction Type: Frame, Siding CmntFbrHrdBrd
  • Exterior Features: Shower
  • Foundation Details: Foundation On Piling
  • Patio And Porch Features: Porch, Porch Screened
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Foundation On Piling: Yes
  • ConstructionSiding:Frame: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Shower: Yes
  • Exterior:Porch Screened: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump Air To Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Gas - Natural, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Pickle Ball, Beach, Deed Access, Dock, Fishing, Playground, Pool, Tennis, TV Cable
  • Association #2 Fee: 1840.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Internet Service, Legal, Management, Master Association, Cable TV

Schools

  • Elementary School: Dune Lakes
  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Lot Size Sq Ft: 3920.4
  • Parcel #: 15-3S-19-25403-000-0030
  • Zoning: Resid Single Family
  • Lot Features Coastal Barrier Zone: No

Tax Info

  • Tax Annual Amount: 15530.42
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $14,885 $1,700,231 $616,052 $1,084,179
2023 $14,885 $1,572,162 $0 $0
2022 $13,245 $1,429,238 $683,817 $745,421
2021 $9,882 $1,020,946 $598,108 $422,838
2020 $9,527 $954,368 $547,193 $407,175
2019 $9,331 $939,550 $531,256 $408,294
2018 $9,152 $917,857 $0 $0
2017 $8,968 $904,816 $500,760 $404,056
2016 $8,550 $876,701 $0 $0
2015 $8,128 $839,931 $0 $0
2014 $7,370 $739,931 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2025 06/15/25 For Sale $2,279,500 +22.6% $1,474 / Sq Ft
09/27/2022 09/27/22 Off Market $1,860,000 -- --
12/30/2021 12/30/21 Sold $1,860,000 0.0% $1,203 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
11/16/2021 11/16/21 For Sale $1,860,000 +87.9% $1,203 / Sq Ft
11/10/2019 11/10/19 Off Market $990,000 -- --
04/21/2016 04/21/16 Sold $990,000 0.0% $640 / Sq Ft
02/09/2016 02/09/16 Pending -- -- --
01/20/2016 01/20/16 For Sale $990,000 -- $640 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,860,000 Shoreline Title
Quit Claim Deed $184,159 Amrock
Warranty Deed $990,000 Burke Law & Title Llc
Corporate Deed $1,040,000 --
Warranty Deed $230,000 --
Warranty Deed $195,000 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $960,000 New Conventional
Previous Owner $624,500 Adjustable Rate Mortgage/ARM
Previous Owner $640,000 New Conventional
Previous Owner $2,182,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $300,000 Unknown
Previous Owner $1,383,336 Unknown
Previous Owner $1,600,000 Unknown
Previous Owner $868,000 Fannie Mae Freddie Mac
Previous Owner $728,000 Purchase Money Mortgage
Previous Owner $480,000 Construction
Previous Owner $175,500 No Value Available
Closed $104,000 No Value Available
Source: Public Records

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Source: Emerald Coast Association of REALTORS®

MLS Number: 978326

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25403-000-0030