NOT LISTED FOR SALE

357 Western Lake Dr Santa Rosa Beach, FL 32459

WaterColor Neighborhood

Estimated Value: $5,774,000 - $6,213,893

6 Beds
6.5 Baths
5,243 Sq Ft
$1,140/Sq Ft Est. Value

Last Sold July 28, 2015

Last sale price $3,600,000 $687 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $35,970/month

16 Days on Market

Highlights

  • Lake Front
  • Boat Dock
  • Golf Course Community
  • Dune Lakes Elementary School Rated A-
  • Beach
  • Deeded access to the beach

About This Home

As of July 2015

Enjoy this stunning WaterColor plantation style house with deep double verandas across the front. The living, dining and kitchen entertaining areas are conveniently located on the second level to take in the beautiful views of the gulf and lake. The living and dining rooms form one large rectangle, while the kitchen runs perpendicular to the dining area to create an L shaped space. Gather outdoors on the second story porch to watch the sunset or catch the breeze. With the public rooms located on the second level, the bedrooms on the first and third floors are afforded additional privacy. On the ground level are the master bedroom, the library and an enchanting bunk room the embraces 4 beds each with its TV. The third level consists of two guest bedrooms, and for relaxing and lounging, there is a TV/family room with a balcony offering beautiful views of Western Lake and the Gulf of Mexico. Also included in the stunning residence oversized two car garage with a carriage house atop that contains a guest suite with a kitchenette.

Last Agent to Sell the Property

Marianne Grant

Watersound Real Estate License #389561 Listed on: 04/29/2015

Last Buyer's Agent

Bruce King

Beachy Beach Real Estate License #688136

Beachy Beach Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,357

Year Built

  • Built in 2009

Lot Details

  • Lot Dimensions are 69x100x91x100
  • Lake Front
  • Property fronts a private road
  • Interior Lot
  • Cleared Lot

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Gulf
  • Lake

Home Design

  • Beach House
  • Metal Roof
  • Cement Board or Planked

Interior Spaces

  • 5,243 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Family Room
  • Breakfast Room
  • Dining Room
  • Library
  • Screened Porch

Kitchen

  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Maid or Guest Quarters
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deeded access to the beach
  • Balcony
  • Built-In Barbecue

Schools

  • Van R Butler Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Central Air
  • Water Tap Fee Is Paid
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25401-000-0080

Community Details

Overview

  • Association fees include accounting, legal, management, recreational faclty, services, cable TV, trash
  • Watercolor Subdivision
  • The community has rules related to covenants

Amenities

  • Picnic Area
  • Community Pavilion
  • Elevator

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,357

Year Built

Built in 2009

Lot Details

0

HOA Fees

$350 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 69X100X91X100
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: WATERCOLOR
  • Directions: From 283 head East on 30A. Turn left onto Buttercup Street (before WaterColors 4 way stop). Make your first left onto Western Lake. Home is the 8th house on the left.
  • Architectural Style: Beach House
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2009
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Utilities:Tap Fee Paid: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Breakfast Room: Yes
  • Waterview:Lake2: Yes
  • Rooms:Family Room: Yes
  • Waterfront:Lake: Yes
  • Rooms:Separate Apartment: Yes
  • Rooms:Library: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Furnished: Furnished - None
  • Appliances: Central Vacuum, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Security System, Smoke Detector, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Fireplace Gas, Fireplace
  • Fireplace: Yes
  • Flooring: Floor Hardwood, Floor Tile
  • Interior Amenities: Ceiling Raised, Kitchen Island, Lighting Recessed, Wet Bar
  • Appliances:Cooktop: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Kitchen Island: Yes
  • Appliances:Security System: Yes
  • Interior:Fireplace Gas: Yes
  • Interior:Wet Bar: Yes
  • Appliances:Central Vacuum: Yes

Exterior Features

  • Lot Features: Cleared, Covenants, Interior, Restrictions, Within 1/2 Mile to Water
  • Pool Features: Pool - In-Ground
  • View: Lake, Gulf
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Siding CmntFbrHrdBrd
  • Exterior Features: Balcony, BBQ Pit/Grill, Hurricane Shutters, Shower
  • Other Structures: Guest Quarters
  • Patio And Porch Features: Porch, Porch Open, Porch Screened
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • Exterior:Porch: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Balcony: Yes
  • Lot Features:Cleared: Yes
  • Exterior:Hurricane Shutters: Yes
  • Exterior:Porch Open: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Shower: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Porch Screened: Yes
  • Exterior:BBQ PitGrill: Yes
  • Exterior:Fireplace2: Yes
  • Exterior:Guest Quarters: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • Parking Features:Garage3: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Phone, Public Water, Tap Fee Paid, TV Cable, Other
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Dock, Dumpster, Elevators, Exercise Room, Fishing, Golf, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 1050.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Legal, Management, Recreational Faclty, Services, Cable TV, Trash

Schools

  • Elementary School: Van R Butler
  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Parcel #: 15-3S-19-25401-000-0080
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 22357.46
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2015
Closed on
Jul 28, 2015
Sold by
357 Western Lake Llc
Bought by
Fuller Penny Taylor
Seller's Agent
Marianne Grant
Watersound Real Estate
Buyer's Agent
Bruce King
Beachy Beach Real Estate
List Price
$3,600,000
Sold Price
$3,600,000
Current Estimated Value
$5,977,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,377,631
Avg. Annual Appreciation
5.15%
Original Mortgage
$2,700,000
Outstanding Balance
$2,144,967
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,832,664

Purchase Details

Closed on
Jun 19, 2009
Sold by
Arnold Family Investments Lllp and Rybert Thomas F
Bought by
357 Western Lake Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,269,500
Interest Rate
4.79%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 27, 2007
Sold by
St Joe Home Building Lp
Bought by
Arnold Family Investments Lllp and Rybert Thomas F

Purchase Details

Closed on
May 24, 2004
Sold by
Lewis Richard T and Derose Susan
Bought by
St Joe Arvida Home Building Lp

Purchase Details

Closed on
Jun 7, 2002
Sold by
St Joe Arvida Home Building Lp
Bought by
Dreher Alan and Dreher Patsy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,500
Interest Rate
6.77%

Purchase Details

Closed on
Sep 15, 2000
Sold by
St Joe Arvida Home Building Lp
Bought by
Lewis Richard T and Derose Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,000
Interest Rate
8.05%
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Fuller Penny Taylor $3,600,000 Attorney
357 Western Lake Llc $2,752,000 Attorney
Arnold Family Investments Lllp $932,100 Residential Cmnty Title Co
St Joe Arvida Home Building Lp $540,000 Residential Cmnty Title Co
Dreher Alan $295,000 Sunbelt Title Agency
Lewis Richard T $540,000 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fuller Penny Taylor $2,700,000
Previous Owner 357 Western Lake Llc $1,870,000
Previous Owner 357 Western Lake Llc $2,269,500
Previous Owner Arnold Family Investments Lllp $1,824,000
Previous Owner Dreher Alan $265,500
Previous Owner Lewis Richard T $486,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2015 07/28/15 Sold $3,600,000 0.0% $687 / Sq Ft
05/15/2015 05/15/15 Pending -- -- --
04/29/2015 04/29/15 For Sale $3,600,000 -- $687 / 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 $37,351 $4,594,236 $1,505,904 $3,088,332
2023 $37,351 $3,626,089 $0 $0
2022 $35,829 $4,500,412 $1,671,553 $2,828,859
2021 $29,008 $2,996,768 $1,462,042 $1,534,726
2020 $30,901 $3,095,571 $1,337,585 $1,757,986
2019 $29,836 $3,004,347 $1,298,626 $1,705,721
2018 $29,137 $2,922,155 $0 $0
2017 $28,337 $2,859,041 $1,224,080 $1,634,961
2016 $27,946 $2,792,723 $0 $0
2015 $17,975 $1,768,399 $0 $0
2014 -- $1,668,399 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Marianne Grant

    Watersound Real Estate

    (850) 660-1830

    Marianne Grant
    Section Image
  • Bruce King

    Buyer's Agent in 2015

    Bruce King

    Beachy Beach Real Estate

    (850) 598-3660

    35 Total Sales

    Bruce King
    Section Image
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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 711244

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25401-000-0080

Florida Walton County Santa Rosa Beach 32459 WaterColor

357 Western Lake Dr, Santa Rosa Beach, FL

This home is located at 357 Western Lake Dr, Santa Rosa Beach, FL 32459 since 29 April 2015 and is currently estimated at $5,977,631, approximately $1,140 per square foot. This property was built in 2009. 357 Western Lake Dr is a home located in Walton County with nearby schools including Dune Lakes Elementary School, Emerald Coast Middle School, and South Walton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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