
26 Rain Lily Ln Santa Rosa Beach, FL 32459
WaterColor NeighborhoodEstimated payment $39,019/month
Highlights
- Boat Dock
- Beach
- Fishing
- Bay Elementary School Rated A-
- In Ground Pool
- Beach House
About This Home
Nestled in WaterColor's highly sought-after Lake District, this exquisite 6-bedroom, 8-bathroom residence is the epitome of coastal luxury. Professionally designed and offered fully furnished, this home seamlessly blends elegance with comfort, making it an incredible investment opportunity as well. With $369,641 in rental revenue for 2024 and $344,131 already booked for 2025, this property offers both an exceptional personal retreat and a lucrative rental option. The open-concept layout is both inviting and functional, featuring a gourmet kitchen with premium appliances, an oversized island, and custom cabinetry. The kitchen flows effortlessly into the dining area and great room, where a fireplace, coffered ceilings, and designer finishes create a warm yet sophisticated ambiance. Expansive glass doors lead to a private outdoor oasis, complete with a heated pool and hot tub, covered patio, and summer kitchen ideal for entertaining year-round.
Each of the six bedrooms boasts its own ensuite bath, ensuring privacy and convenience for guests and family members alike. The second level features a luxurious primary suite with a spa-like bath, a private balcony, and a generous walk-in closet. This floor also includes a guest suite, a cozy lounge, and separate guest quarters with its own kitchenette, bath, and laundry perfect for extended stays.
Take the stairs or elevator to the third level, where a charming bunk room, an additional sitting area, and extra sleeping quarters provide ample space for family and friends. Thoughtful details, from designer lighting to custom millwork, elevate every corner of the home.
Located just moments from the WaterColor Beach Club, Camp WaterColor, scenic trails, and the shops and dining of 30A, this residence offers an unparalleled lifestyle in one of the most desirable communities along the Emerald Coast. Whether you're seeking a full-time residence, a vacation getaway, or a strong rental investment, this home is truly a masterpiece of design and functionality.
Listing Agent
Scenic Sotheby's International Realty Brokerage Email: dahlerandco@scenicsir.com Listed on: 03/12/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $37,837
Year Built
- Built in 2020
Lot Details
- Lot Dimensions are 55 x 110
- Property fronts a private road
HOA Fees
- $503 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Beach House
- Frame Construction
- Pitched Roof
- Metal Roof
- Wood Trim
- Cement Board or Planked
Interior Spaces
- 5,302 Sq Ft Home
- 3-Story Property
- Furnished
- Woodwork
- Ceiling Fan
- Recessed Lighting
- Gas Fireplace
- Window Treatments
- Great Room
- Dining Area
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Gas Oven or Range
- Cooktop with Range Hood
- Microwave
- Ice Maker
- Dishwasher
- Wine Refrigerator
- Kitchen Island
Flooring
- Wood
- Painted or Stained Flooring
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary Bedroom on Main
- Dual Vanity Sinks in Primary Bathroom
- Shower Only in Primary Bathroom
Laundry
- Dryer
- Washer
Home Security
- Storm Windows
- Storm Doors
- Fire and Smoke Detector
Pool
- In Ground Pool
- Outdoor Shower
- Gunite Pool
Outdoor Features
- Balcony
- Built-In Barbecue
- Porch
Schools
- Dune Lakes Elementary School
- Emerald Coast Middle School
- South Walton High School
Utilities
- Multiple cooling system units
- Central Heating and Cooling System
- Two Heating Systems
- Underground Utilities
- Water Tap Fee Is Paid
- Tankless Water Heater
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 15-3S-19-25422-000-0020
Community Details
Overview
- Association fees include management, master, recreational faclty, security, cable TV
- Watercolor Subdivision
- The community has rules related to covenants
Amenities
- Picnic Area
- Community Pavilion
Recreation
- Boat Dock
- Beach
- Tennis Courts
- Community Playground
- 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 | $37,837 | $4,410,347 | $979,727 | $3,430,620 |
2023 | $37,837 | $4,164,096 | $979,727 | $3,184,369 |
2022 | $30,993 | $3,886,845 | $1,087,497 | $2,799,348 |
2021 | $25,142 | $2,597,389 | $951,191 | $1,646,198 |
2020 | $8,687 | $870,220 | $870,220 | $0 |
2019 | $8,390 | $844,874 | $844,874 | $0 |
2018 | $6,362 | $820,266 | $0 | $0 |
2017 | $6,029 | $796,374 | $796,374 | $0 |
2016 | $4,908 | $600,270 | $0 | $0 |
2015 | $4,629 | $561,000 | $0 | $0 |
2014 | -- | $510,000 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/29/2025 04/29/25 | Price Changed | $6,490,000 | -3.1% | $1,224 / Sq Ft |
03/12/2025 03/12/25 | For Sale | $6,700,000 | +5.8% | $1,264 / Sq Ft |
07/15/2022 07/15/22 | Sold | $6,335,000 | 0.0% | $1,195 / Sq Ft |
05/23/2022 05/23/22 | Pending | -- | -- | -- |
05/17/2022 05/17/22 | For Sale | $6,335,000 | +71.2% | $1,195 / Sq Ft |
06/30/2020 06/30/20 | Sold | $3,700,000 | 0.0% | $711 / Sq Ft |
06/11/2020 06/11/20 | Pending | -- | -- | -- |
04/02/2020 04/02/20 | For Sale | $3,700,000 | -- | $711 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $6,335,000 | Rushing Law Firm Pllc | |
Warranty Deed | $3,700,000 | Rodgers Kiefer Title | |
Quit Claim Deed | -- | Shoreline Title Llc | |
Warranty Deed | $1,125,000 | Shoreline Title Llc | |
Special Warranty Deed | $721,500 | Residential Cmnty Title Co | |
Special Warranty Deed | $606,500 | Residential Cmnty Title Co |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $4,434,500 | New Conventional | |
Previous Owner | $1,280,000 | Future Advance Clause Open End Mortgage | |
Previous Owner | $155,000 | Balloon | |
Previous Owner | $545,495 | Commercial | |
Previous Owner | $636,500 | Stand Alone First | |
Previous Owner | $541,285 | Purchase Money Mortgage |
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: 970950

APN: 15-3S-19-25422-000-0020
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