NOT LISTED FOR SALE

Estimated Value: $3,885,000 - $4,612,000

5 Beds
5 Baths
4,701 Sq Ft
$902/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $4,200,000 $893 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $24,389/month

223 Days on Market

Highlights

  • Home Theater
  • Heated In Ground Pool
  • Beach House
  • Dune Lakes Elementary School Rated A-
  • Pond View
  • Wood Flooring

About This Home

As of April 2024

Nestled in the final phase of WaterColor within the sought after Park District, this newly constructed edifice offers the epitome of luxury coastal living. The expertly planned design spanning four distinct levels and over 4,700 square feet was drafted by Archiscapes and executed by the renowned team at Minchew Construction. Bordered by preserve area to the North and pond frontage in the rear the outdoor porch space, totaling over 1,400 square feet, takes full advantage of the prime homesite location.

Upon initial approach, the welcoming foyer leads the way to the expansive kitchen and living area adorned with pecky cypress beams and stunning hardwood floors. The gourmet kitchen features custom cabinetry with modern slab fronts, an island with integrated seating, Thermador refrigeration, and AGA range.

Blurring the line between indoors and out, the bi-fold nano doors create an opening that spans the entire living room wall fully leveraging the refreshing summer breeze and views of the pond frontage while also providing direct access to the backyard oasis which encompasses an outdoor kitchen, living area, and private heated pool. A bedroom suite, laundry area, half bathroom, and drive-through garage complete the first level.

The stately staircase and vestibule styled elevator provide access to the upper levels while doubling as a work of art. The main suite boasts a walk-in wardrobe with dedicated dressing area and sumptuous ensuite with a custom tiled shower, dual vanity, separate water closet, and soaking tub. A secondary living area, two bedroom suites, half bathroom complete with a laundry center, home office, and home gym area are also found on the second floor.

Situated on the third floor, the home theatre was designed with entertaining and family gatherings in mind. The third floor is also home to an additional bedroom suite that could be utilized as a secondary home office if desired. Perched atop the roofline, the window-lined cupola is the perfect place to admire the palette of vibrant colors and majestic glow exuded from the famed Emerald Coast sunsets each and every night.

The short term rental restrictions within the Park District uphold the privacy and exclusivity of the community while creating a compelling opportunity for full time and second home residents alike. WaterColor amenities include a beach club, fitness center, town center, tennis courts, ample walking trails, and close proximity to all of the world-class dining and entertainment venues 30A has to offer.

Inquire today to schedule a private viewing and start envisioning the coastal lifestyle you deserve.

Last Agent to Sell the Property

Hilary & Jacob

Corcoran Reverie SRB Listed on: 02/17/2024

Co-Listed By

Jordan Minchew

Corcoran Reverie SRB License #3451964

Last Buyer's Agent

Robert Watson

Corcoran Reverie SRB License #3579804

Corcoran Reverie SRB

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,651

Year Built

  • Built in 2023

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 62' x 102'
  • Property fronts a private road
  • Back Yard Fenced
  • Sprinkler System

HOA Fees

  • $620 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Beach House

Interior Spaces

  • 4,701 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Furnished
  • Home Theater Equipment
  • Gas Fireplace
  • Living Room
  • Home Theater
  • Home Office
  • Home Gym
  • Wood Flooring
  • Pond Views

Kitchen

  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Heated In Ground Pool
  • Balcony
  • Porch

Schools

  • Dune Lakes Elementary School
  • Emerald Coast Middle School
  • Freeport High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 14-3S-19-25405-000-0020

Community Details

Overview

  • Association fees include accounting, ground keeping, management
  • Watercolor Subdivision

Recreation

  • Community Pool

Security

  • Building Fire Alarm

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,651

Year Built

Built in 2023

Lot Details

0

HOA Fees

$620 per month

Parking

1

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Lot Size: 62' x 102'
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: EHJM
  • Co List Office Phone: 850-231-5030
  • Subdivision Name: WATERCOLOR
  • Directions: Heading East on Highway 98, turn right onto 395 and proceed straight. At the stop light turn right onto West Lake Forest Drive and then first right onto Climbing Rose Way. Home is the fourth one on the right.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2023
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Gas - Natural: Yes
  • Utilities:Underground: Yes
  • Rooms:Office2: Yes
  • Rooms:Den: Yes
  • Waterview:Pond2: Yes
  • Rooms:Exercise Room2: Yes
  • Rooms:Home Theater: Yes
  • Special Features: NewHome
  • Stories: 3

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Fire Alarm/Sprinkler, Microwave, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Interior Amenities: Elevator, Fireplace Gas, Floor Hardwood, Furnished - All, Window Treatmnt None
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Elevator: Yes
  • Interior:Floor Hardwood: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Fireplace Gas: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Pond
  • Exterior Features: Balcony, Fenced Back Yard, Pool - Heated, Pool - In-Ground, Porch, Sprinkler System
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • Exterior:Balcony: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Pool - In-Ground: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Covered
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Rooms:Garage5: Yes
  • Parking Features:Covered: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water, Underground

Condo/Co-op/Association

  • Community Features: Pets Allowed, Pool
  • Association #2 Fee: 1860.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Management

Schools

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

Lot Info

  • Lot Size Sq Ft: 5662.8
  • Parcel #: 14-3S-19-25405-000-0020
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2023
Sold by
Camden Harbor Llc
Bought by
Mmr 2004 Trust and Rader
Current Estimated Value
$4,238,280

Purchase Details

Closed on
Dec 10, 2020
Sold by
Watercolor Development Llc
Bought by
Camden Harbor Llc
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mmr 2004 Trust $4,200,000 None Listed On Document
Camden Harbor Llc $650,000 Aqua Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Camden Harbor Llc $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2024 04/05/24 Sold $4,200,000 -2.2% $893 / Sq Ft
03/13/2024 03/13/24 Pending -- -- --
02/22/2024 02/22/24 Price Changed $4,295,000 -5.6% $914 / Sq Ft
02/17/2024 02/17/24 For Sale $4,550,000 0.0% $968 / Sq Ft
01/22/2024 01/22/24 Pending -- -- --
09/23/2023 09/23/23 Price Changed $4,550,000 -5.2% $968 / Sq Ft
08/03/2023 08/03/23 For Sale $4,800,000 -- $1,021 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

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 $8,651 $3,197,378 $915,705 $2,281,673
2023 $8,651 $879,120 $0 $0
2022 $7,407 $799,200 $799,200 $0
2021 $342 $35,331 $35,331 $0
2020 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 928535

Emerald Coast Association of REALTORS®

APN: 14-3S-19-25405-000-0020