NOT LISTED FOR SALE

Estimated Value: $5,896,000 - $6,929,000

8 Beds
8.5 Baths
5,656 Sq Ft
$1,121/Sq Ft Est. Value

Last Sold March 12, 2024

Last sale price $6,095,000 $1,078 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $38,059/month

158 Days on Market

Highlights

  • Boat Dock
  • Beach
  • Lake View
  • Dune Lakes Elementary School Rated A-
  • Fishing
  • Beach House

About This Home

As of March 2024

Nestled among nature, on a prime site directly overlooking the lake within the coveted Phase 1 Park District of Watercolor, Florida. This large residence stands as the embodiment of the coastal dune lake lifestyle, touting the ultimate in outdoor living with multiple deep porches, rare in their substantial size. The spacious 8-bedroom home, crafted under the expert guidance of a renowned team in architect Tom Christ and builder Mark Breaux, received a recent extensive remodel and also has gorgeous new interior appointments by Tracery Interiors. Discover an iconic legacy beach home positioned on a prime lot on the foothills of this community's crown jewel, Western Lake, with access to the community dock at your doorstep. Fronting Western Lake offers a highly sought-after location within the famed planned community. Upon entering, from an expansive, screened covered porch with dining table, lounge area and grill deck, guests are greeted with breathtaking vistas of Western Lake. Step inside this bright and uplifting beach house, with an open plan for the first floor kitchen, dining and living areas. Charmingly flanked by French doors that welcome in ample light and open to the huge screened porch that extends the full length of the west side of the home, lending outdoor dining and living spaces as well as direct access to stroll to the community walkover on Western Lake. This residence thoughtfully marries the indoors with the out, allowing you to embrace what truly defines Watercolor's coastal lifestyle. The broad living room, where 12-foot ceilings flaunt an airy and inviting atmosphere, frames scenic lake views with natural light flooding in. The custom chef's kitchen with expansive island is a hub for family gatherings and entertaining, adorned with custom cabinetry, exquisite designer lighting and plumbing fixtures, Viking appliances and pristine quartz countertops. The main level showcases a private primary suite with stunning lake views, a sanctuary of comfort and serenity, that envelopes a large custom bathroom with freestanding tub, quartz counters and walk-in shower. stunning lake views, as well as his and her closets and a spacious sitting room that privately accesses the tranquil lakefront deck. A laundry room on the main level is conveniently tucked away, with ample counter space, cabinetry and sink, as well as a half-bathroom and garage access.

Ascend the staircase to the second level guest quarters, a haven of comfort and elegance. A spacious second primary suite opens to a private sitting room that accesses a second-story lakefront screened porch. This level unfolds to five more guest bedroom suites, two of which also offer direct access to the screened porch, as well as two additional laundry spaces. The attached carriage house, above the garage, is a splendid touch with its direct access from the main house. The carriage house presents a generous space, complete with its own living room, kitchen area and bedroom, a charming and inviting oasis where guests can make themselves at home and have an added layer of privacy. Climb to the third level to find an impressive ample space that serves as additional guest quarters, complete with a living/media room, a full bathroom, and an additional bedroom.

Escape to Watercolor, a coastal community that is a testament to thoughtful new urban planning, boasting an intricate network of trails, bridges, walkways and parks that seamlessly blend natural beauty, convenience and a vibrant sense of community, while also enjoying the sugary white sands and crystal clear waters of the Gulf. Enjoy the unmatched convenience of a prime Phase 1 location, tucked in nature on the lake while just a short stroll to The Beach Club and a wealth of unmatched, exclusive community amenities, including the numerous boutiques and dining options of neighboring Town Center and the water activities at a The Boat House, Marina Park, the Amphitheater and award-winning tennis and pickleball courts. A residence designed to experience the luxury of true coastal living along Scenic Highway 30A.

Last Agent to Sell the Property

Erin Oden

Coastal Luxury Listed on: 09/06/2023

Last Buyer's Agent

Andy Wiggins

The Beach Group Properties LLC License #3076380

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,639

Year Built

  • Built in 2004

Lot Details

  • 8,189

HOA Fees

  • $487 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Beach House
  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 5,656 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Furnished
  • Woodwork
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Screened Porch
  • Lake Views
  • Home Security System

Kitchen

  • Breakfast Bar
  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Painted or Stained Flooring
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Dune Lakes Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Outdoor Shower
  • Lot Dimensions are 70' x 100' x 96' x 100'

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25401-000-0130

Community Details

Overview

  • Association fees include accounting, ground keeping, internet service, legal, licenses/permits, management, recreational faclty, repairs/maintenance, security, cable TV, trash
  • Watercolor Subdivision
  • The community has rules related to covenants

Amenities

  • Picnic Area

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,639

Year Built

Built in 2004

Lot Details

0

HOA Fees

$487 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 70' x 100' x 96' x 100'
  • Road Surface Type: Paved
  • Subdivision Name: WATERCOLOR
  • Directions: From the intersection of County Hwy 283 and Hwy 30A, head east on 30A. Turn left on Buttercup Street. Buttercup Street will dead end into Western Lake Drive. Turn left on Western Lake Drive. Home is on the right.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2004
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Dining Area: Yes
  • Energy:AC - 2 or More: Yes
  • Waterview:Lake2: Yes
  • Utilities:Gas - Natural: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Auto Garage Door Opn, Central Vacuum, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven Double, Refrigerator, Security System, Washer
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Interior Amenities: Breakfast Bar, Floor Hardwood, Floor Tile, Furnished - All, Kitchen Island, Washer/Dryer Hookup, Woodwork Painted
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Interior:Furnished - All: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Woodwork Painted: Yes
  • Appliances:Security System: Yes
  • Appliances:Oven Double: Yes
  • Appliances:Central Vacuum: Yes

Exterior Features

  • Lot Features: Covenants, Restrictions, Survey Available, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Lake
  • Construction Type: Foundation On Piling, Frame, Roof Metal, Wood Siding
  • Exterior Features: Porch Screened, Shower
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Survey Available: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Foundation On Piling: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Shower: Yes
  • Exterior:Porch Screened: Yes
  • ConstructionSiding:Siding Wood: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Gas - Natural, Phone, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Dock, Exercise Room, Fishing, Picnic Area, Playground, Pool, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 1460.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Internet Service, Legal, Licenses/Permits, Management, Recreational Faclty, Repairs/Maintenance, Security, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 15-3S-19-25401-000-0130
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2023
Closed on
Mar 12, 2024
Sold by
Thirteen Llc
Bought by
Morrow Florida Property Llc
Seller's Agent
Erin Oden
Coastal Luxury
Buyer's Agent
Andy Wiggins
The Beach Group Properties LLC
List Price
$6,750,000
Sold Price
$6,095,000
Premium/Discount to List
-$655,000
-9.7%
Views
64
Current Estimated Value
$6,338,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,459
Avg. Annual Appreciation
2.66%

Purchase Details

Listed on
Jul 19, 2021
Closed on
Sep 19, 2021
Sold by
Crowhow Llc
Bought by
Thirteen Llc
Seller's Agent
Kendall Hood
Compass
Buyer's Agent
Erin Oden
Coastal Luxury
List Price
$5,170,000
Sold Price
$5,170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%

Purchase Details

Listed on
Aug 13, 2020
Closed on
Apr 15, 2021
Sold by
Johnelle Hunt Llc
Bought by
Crowhow Llc
Seller's Agent
Mary Stephens Team
Vacasa Real Estate - Seagrove Beach
Buyer's Agent
Kendall Hood
Key Realty of the Emerald Coast
List Price
$3,500,000
Sold Price
$3,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
153.16%
Original Mortgage
$2,905,697
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 10, 2002
Sold by
St Joe Arvida Home Building Lp
Bought by
Johnelle Hunt Llc
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
Morrow Florida Property Llc $6,095,000 Shoreline Title
Thirteen Llc $5,170,000 Setco Services Llc
Crowhow Llc $3,500,000 Aqua Title Services
Johnelle Hunt Llc $535,000 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crowhow Llc $2,905,697
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2024 03/12/24 Sold $6,095,000 -6.2% $1,078 / Sq Ft
02/11/2024 02/11/24 Pending -- -- --
11/17/2023 11/17/23 Price Changed $6,495,000 -3.8% $1,148 / Sq Ft
09/06/2023 09/06/23 For Sale $6,750,000 +30.6% $1,193 / Sq Ft
09/13/2022 09/13/22 Off Market $5,170,000 -- --
09/16/2021 09/16/21 Sold $5,170,000 0.0% $894 / Sq Ft
08/23/2021 08/23/21 Pending -- -- --
07/19/2021 07/19/21 For Sale $5,170,000 +47.7% $894 / Sq Ft
04/15/2021 04/15/21 Sold $3,500,000 0.0% $625 / Sq Ft
03/11/2021 03/11/21 Pending -- -- --
08/13/2020 08/13/20 For Sale $3,500,000 -- $625 / 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 $39,639 $4,328,866 $1,505,904 $2,822,962
2023 $39,639 $4,362,451 $1,505,904 $2,856,547
2022 $38,974 $4,205,536 $1,671,553 $2,533,983
2021 $27,487 $2,839,653 $1,462,042 $1,377,611
2020 $28,372 $2,904,971 $1,337,585 $1,567,386
2019 $26,809 $2,870,317 $1,298,626 $1,571,691
2018 $25,484 $2,808,499 $0 $0
2017 $24,212 $2,779,426 $1,224,080 $1,555,346
2016 $23,141 $2,698,205 $0 $0
2015 $17,529 $1,724,497 $0 $0
2014 $16,747 $1,624,497 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 931675

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25401-000-0130