$6,490,000

Estimated payment $39,019/month

Total Views 29,784
6 Beds
8 Baths
5,302 Sq Ft
$1,224 Price per Sq Ft

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

Dahler & Co.

Scenic Sotheby's International Realty Brokerage Email: dahlerandco@scenicsir.com Listed on: 03/12/2025

Scenic Sotheby's International Realty

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,837

Year Built

Built in 2020

Lot Details

0

HOA Fees

$503 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 55 x 110
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: WATERCOLOR
  • Directions: From the intersection of Hwy 98 and Hwy 395 travel south on 395 to the light in front of Publix. Make a right into WaterColor. Turn right onto Lake Forest Drive, cross over the wooden bridge and continue to Sand Hill Circle. Take either side of Sand Hill Circle to High Street. Follow High Street until you see Flatwood St on the right. Turn right onto Flatwood st then a left onto Rain Lily Lane.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2020
  • Attribution Contact: dahlerandco@scenicsir.com
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Utilities:Tap Fee Paid: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Dining Area: Yes
  • Energy:AC - 2 or More: Yes
  • Energy:Water Heater - Tnkls: Yes
  • Utilities:Gas - Natural: Yes
  • Utilities:Underground: Yes
  • Energy:Storm Windows: Yes
  • Rooms:Great Room: Yes
  • Energy:Water Heater - Gas: Yes
  • Energy:Heat - Two or More: Yes
  • Energy:Storm Doors: Yes
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Furnished: Furnished - All
  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Range Hood, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas, Washer, Wine Refrigerator, Water Heater - Gas, Water Heater - Tnkls
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Door Features: Storm Door(s)
  • Fireplace Features: Fireplace Gas
  • Fireplace: Yes
  • Flooring: Floor Hardwood
  • Interior Amenities: Breakfast Bar, Fireplace, Kitchen Island, Lighting Recessed, Pantry, Washer/Dryer Hookup, Woodwork Painted
  • Window Features: Window Treatment All, Storm Windows
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Woodwork Painted: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior:Fireplace Gas: Yes
  • Interior:Fireplace: Yes

Exterior Features

  • Lot Features: Covenants, Restrictions, Within 1/2 Mile to Water
  • Pool Features: Pool - In-Ground, Pool Type
  • Construction Type: Frame, Roof Pitched, Siding CmntFbrHrdBrd, Trim Wood
  • Exterior Features: Balcony, BBQ Pit/Grill, Pool - Gunite Concrt, Shower
  • Patio And Porch Features: Porch
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Roof Pitched: Yes
  • ConstructionSiding:Frame: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Shower: Yes
  • Exterior:Pool - In-Ground: Yes
  • ConstructionSiding:Trim Wood: Yes
  • Exterior:BBQ PitGrill: Yes
  • Exterior:Pool - Gunite Concrt: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Parking Features:Garage3: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Dock, Exercise Room, Fishing, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 1510.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Management, Master Association, Recreational Faclty, Security, Cable TV

Schools

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

Lot Info

  • Parcel #: 15-3S-19-25422-000-0020
  • Zoning: Resid Single Family

Tax Info

  • Tax Annual Amount: 37836.65
  • 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 $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
Source: Public Records

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
Source: Emerald Coast Association of REALTORS®

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
Source: Public Records

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
Source: Public Records

About the Listing Agent

Dahler & Co.

Scenic Sotheby's International Realty

(850) 749-2861

Section Image

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

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Source: Emerald Coast Association of REALTORS®

MLS Number: 970950

Emerald Coast Association of REALTORS®

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