NOT LISTED FOR SALE

361 Western Lake Dr Santa Rosa Beach, FL 32459

WaterColor Neighborhood

Estimated Value: $4,292,000 - $4,878,000

5 Beds
5.5 Baths
4,043 Sq Ft
$1,108/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $2,399,000 $593 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $27,423/month

42 Days on Market

Highlights

  • Beach
  • Deeded access to the beach
  • Fishing
  • Dune Lakes Elementary School Rated A-
  • In Ground Pool
  • Lake View

About This Home

As of October 2020

Prime positioning maximizing beautiful lake views paired with a handsome architectural facade characterize this Watercolor Phase 1 retreat optimally positioned to enjoy close proximity to the new Watercolor Beach Club. Recently updated, this beautiful home includes five bedrooms and five & one half baths including a spacious detached carriage house as well as a two car garage with an oversized parking court. Notable features include a first floor master suite with an oversized ensuite bathroom including direct access to the rear screened lanai and recently built private resort pool. The first level also offers two additional sleeping spaces as well as a beautiful foyer entryway with two staircase access points leading to the main living areas of the home. The second floor provides ample entertainment space with an oversized chef's kitchen and dining area complete with ample custom cabinetry, stainless appliances including a gas range as well as solid surface countertops. The second floor also includes a bedroom suite and a bonus room space with easy access to the western facing covered outdoor lanai offering pristine views and sunset vistas over Western lake. This home is centrally located in the heart of Phase 1 Watercolor offering easy access to the Watercolor boat house, lake front walking trails and newly built Watercolor Beach Club as well as all of the world class shopping, dining and local entertainment in nearby Seaside Town Center.

Last Agent to Sell the Property

Spears Group

Scenic Sotheby's International Realty Listed on: 07/24/2020

Last Buyer's Agent

Blake Hutchison

The Hutchison Group Inc License #3238255

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,487

Year Built

  • Built in 2005

Lot Details

  • Lot Dimensions are 100x65x100x87
  • Partially Fenced Property

HOA Fees

  • $420 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Automatic Garage Door Opener

Home Design

  • Beach House
  • Exterior Columns
  • Frame Construction
  • Cement Board or Planked

Interior Spaces

  • 4,043 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Shelving
  • Crown Molding
  • Recessed Lighting
  • Fireplace
  • Window Treatments
  • Living Room
  • Dining Area
  • Screened Porch
  • Lake Views
  • Fire and Smoke Detector
  • Exterior Washer Dryer Hookup

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Shower Only

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deeded access to the beach
  • Balcony
  • Open Patio

Schools

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

Utilities

  • High Efficiency Air Conditioning
  • Central Air
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25401-000-0090

Community Details

Overview

  • Association fees include ground keeping, master, recreational faclty, security
  • Watercolor Subdivision
  • The community has rules related to covenants

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Pavilion
  • Recreation Room

Recreation

  • Beach
  • Tennis Courts
  • Community Pool
  • Community Whirlpool Spa
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,487

Year Built

Built in 2005

Lot Details

0

HOA Fees

$420 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 100x65x100x87
  • Road Surface Type: Paved
  • Subdivision Name: WATERCOLOR
  • Directions: The home is located just West of Co Hwy 395. Traveling on 30A, turn north onto Buttercup St., take a left onto Western Lake Dr and the home will be on your left.
  • Architectural Style: Beach House
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2005
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Energy:AC - High Efficiency: Yes
  • Rooms:Dining Area: Yes
  • Waterview:Lake2: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Microwave, Oven Self Cleaning, Refrigerator, Smoke Detector, Stove/Oven Gas
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Fireplace, Floor Hardwood, Floor Tile, Furnished - All, Lighting Recessed, Shelving, Washer/Dryer Hookup, Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Shelving: Yes
  • Interior:Fireplace: Yes

Exterior Features

  • Lot Features: Covenants, Restrictions, Sidewalk, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Lake
  • Construction Type: Frame, Siding CmntFbrHrdBrd
  • Exterior Features: Balcony, Columns, Fenced Lot-Part, Guest Quarters, Patio Covered, Patio Open, Pool - In-Ground, Porch, Porch Screened, Shower
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Exterior:Fenced Lot-Part: Yes
  • Exterior:Porch: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • Exterior:Balcony: Yes
  • Exterior:Patio Open: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Patio Covered: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Shower: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Porch Screened: Yes
  • Exterior:Columns: Yes
  • Lot Features:Sidewalk: Yes
  • Exterior:Guest Quarters: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage, Oversized
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Garage3: Yes
  • Parking Features:Oversized: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Electric, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Deed Access, Exercise Room, Fishing, Pavillion/Gazebo, Picnic Area, Pool, Tennis, Waterfront, Whirlpool
  • Association #2 Fee: 1260.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Master Association, Recreational Faclty, Security

Schools

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

Lot Info

  • Parcel #: 15-3S-19-25401-000-0090
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2021
Sold by
Smith R Suzanne
Bought by
Western Lake Llc
Current Estimated Value
$4,478,286

Purchase Details

Listed on
Jul 24, 2020
Closed on
Oct 2, 2020
Sold by
361 Western Lake Llc
Bought by
Smith R Suzanne
Seller's Agent
Spears Group
Scenic Sotheby's International Realty
Buyer's Agent
Blake Hutchison
The Hutchison Group Inc
List Price
$2,399,000
Sold Price
$2,399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.50%

Purchase Details

Closed on
Nov 13, 2013
Sold by
Gauthier Anne Barrios
Bought by
361 Western Lake Llc

Purchase Details

Closed on
May 10, 2002
Sold by
St Joe Arvida Home Building Lp
Bought by
Gauthier Anne Barrios
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
Western Lake Llc -- Attorney
Smith R Suzanne $2,399,000 Shoreline Title Llc
361 Western Lake Llc -- None Available
Gauthier Anne Barrios $525,000 Sunbelt Title Agency
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $2,399,000 0.0% $593 / Sq Ft
09/04/2020 09/04/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $2,399,000 -- $593 / 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 $33,487 $3,660,494 $1,505,904 $2,154,590
2023 $33,487 $3,685,403 $1,505,904 $2,179,499
2022 $33,441 $3,608,446 $1,671,553 $1,936,893
2021 $24,502 $2,531,312 $1,462,042 $1,069,270
2020 $25,612 $2,575,435 $1,337,585 $1,237,850
2019 $24,089 $2,525,675 $1,298,626 $1,227,049
2018 $22,867 $2,469,126 $0 $0
2017 $21,153 $2,368,409 $1,224,080 $1,144,329
2016 $20,299 $2,319,740 $0 $0
2015 $15,845 $1,558,852 $0 $0
2014 $15,088 $1,463,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Spears Group

    Scenic Sotheby's International Realty

  • B

    Buyer's Agent in 2020

    Blake Hutchison

    The Hutchison Group Inc

    (850) 585-5168

    1 in this area

    95 Total Sales

    Blake Hutchison
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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 851642

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25401-000-0090

Florida Walton County Santa Rosa Beach 32459 WaterColor

361 Western Lake Dr, Santa Rosa Beach, FL

This home is located at 361 Western Lake Dr, Santa Rosa Beach, FL 32459 since 24 July 2020 and is currently estimated at $4,478,286, approximately $1,107 per square foot. This property was built in 2005. 361 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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