$5,299,900

Estimated payment $32,339/month

Total Views 7,466
6 Beds
8 Baths
4,985 Sq Ft
$1,063 Price per Sq Ft

Highlights

  • Boat Dock
  • Beach
  • Upgraded Media Wing
  • Dune Lakes Elementary School Rated A-
  • Deeded access to the beach
  • In Ground Pool

About This Home

Prepare to be wowed by this exceptional 6 bedroom (+2 bunk rooms) 6.5 bath luxury vacation home, complete with a home theater, and an exercise room, located in the highly sought after Phase 3 of WaterColor. Just steps away from the scenic walking paths and access points to the stunning Coastal Dune Lake, this property offers the ultimate in relaxation and recreation.

Step into your private oasis featuring a backyard retreat with a sparkling pool and outdoor fireplace, seamlessly connected to a grilling porch equipped with an ice maker, fridge and pool shower - perfect for entertaining. The elegance of this home is showcased across three levels, adorned with exquisite finishes such as Venetian plaster, painted brick, Pecky cypress, and designer lighting. The kitchen, remodeled in 2020, boasts custom cabinets, a stunning Dianna White Polished Marble and Pearl Mosaic Tile backsplash, quartz countertops, and a 48" SubZero refrigerator, making it a chef's delight. The open-concept kitchen, living room and dining area are highlighted by a one-of-a-kind commissioned painting by Justin Gaffery, adding a unique touch to the space.

With both first and second-floor master suites featuring ample closet space and private access to outdoor porches, comfort and privacy are paramount. Designed by renowned architect Blu Line Studio, no detail has been overlooked in this three-story masterpiece.

The impressive living room features a centrally located fireplace, complemented by an outdoor fireplace just steps from the pool, creating a perfect ambiance for cozy gatherings. Relax by the soothing sounds of the waterfall that flows into the heated pool or enjoy the convenience of a dedicated study/office on the first floor, along with three laundry areas throughout the home.

The property includes a two-car garage equipped with a brand new 6-person golf cart for easy transport around the resort community. The residence features multiple outdoor porches and balconies, providing perfect retreats for some peaceful downtime away from the family. The carriage house can be accessed via ground floor stairs or through the main house on the second story, offering additional flexibility.

With a recently installed state-of-the-art security system, including thermostats and cameras easily accessible via phone or iPad, this meticulously maintained property is not only an exceptional rental investment but also a beautiful vacation home that is sure to impress. Don't miss your chance to experience luxury living in the heart of WaterColor.

Listing Agent

Brooke Villano

LPT Realty LLC License #3619692 Listed on: 03/08/2025

LPT Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,843

Year Built

  • Built in 2011

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 48x111x51x110
  • Property fronts a private road
  • Back Yard Fenced
  • Interior Lot
  • Level Lot

HOA Fees

  • $613 Monthly HOA Fees

Parking

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

Home Design

  • Beach House
  • Newly Painted Property
  • Exterior Columns
  • Frame Construction
  • Metal Roof
  • Wood Trim
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 4,985 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Built-in Bookshelves
  • Shelving
  • Crown Molding
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Window Treatments
  • Insulated Doors
  • Living Room
  • Dining Area
  • Upgraded Media Wing
  • Screened Porch

Kitchen

  • Self-Cleaning Oven
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Doors

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deeded access to the beach
  • Balcony
  • Covered Deck
  • Patio
  • Outdoor Kitchen
  • Built-In Barbecue

Schools

  • Bay Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Multiple cooling system units
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25422-000-0180

Community Details

Overview

  • Watercolor Subdivision
  • The community has rules related to covenants
  • Handicap Modified Features In Community

Amenities

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

Recreation

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

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,843

Year Built

Built in 2011

Lot Details

0

HOA Fees

$613 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Lot Size: 48x111x51x110
  • Road Frontage Type: Private Road
  • Subdivision Name: WATERCOLOR
  • Directions: From S County Hwy 395, Take a Right on W Lake Forest Dr., Follow to the right until you reach Needlerush, turn Left on Needlerush, go almost all the way to the end of the street and 41 Mistflower will be on the right side. Lockbox is accessible from the alley.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Efficiency: Doors
  • Building Stories: 3
  • Year Built: 2011
  • ResoBuildingAreaSource: Appraiser
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Rooms:Living Room: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Insulated Doors: Yes
  • Rooms:Dining Area: Yes
  • Energy:AC - 2 or More: Yes
  • Energy:Water Heater - Tnkls: Yes
  • Utilities:Gas - Natural: Yes
  • Energy:Storm Windows: Yes
  • Energy:Storm Doors: Yes
  • Rooms:Separate Apartment: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Furnished: Furnished - All
  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Ice Machine, Oven Self Cleaning, Refrigerator, Refrigerator W/IceMk, Security System, Smoke Detector, Washer, Water Heater - Tnkls
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Door Features: Storm Door(s)
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Floor Hardwood, Floor Tile
  • Interior Amenities: Built-In Bookcases, Ceiling Beamed, Ceiling Crwn Molding, Ceiling Raised, Fireplace 2+, Guest Quarters, Kitchen Island, Lighting Recessed, Newly Painted, Owner's Closet, Shelving, Upgraded Media Wing
  • Window Features: Window Treatment All, Storm Windows
  • Appliances Dishwasher: Yes
  • Appliances:Ice Machine: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Newly Painted: Yes
  • Appliances:Security System: Yes
  • Interior:Shelving: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Ceiling Beamed: Yes
  • Interior:Guest Quarters2: Yes
  • Interior:Fireplace 2: Yes

Exterior Features

  • Lot Features: Covenants, Curb & Gutter, Interior, Level, Sidewalk, Within 1/2 Mile to Water
  • Pool Features: Pool - In-Ground, Pool Type
  • Construction Type: Frame, Siding CmntFbrHrdBrd, Trim Wood
  • Exterior Features: Balcony, BBQ Pit/Grill, Columns, Fenced Back Yard, Shower, Summer Kitchen
  • Foundation Details: Foundation On Piling
  • Other Structures: Guest Quarters
  • Patio And Porch Features: Deck Covered, Deck Open, Patio Open, Porch Open, Porch Screened
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • Lot Features:Covenants: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Balcony: Yes
  • Exterior:Deck Covered: Yes
  • Exterior:Patio Open: Yes
  • ConstructionSiding:Foundation On Piling: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Deck Open: Yes
  • Exterior:Porch Open: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Shower: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Porch Screened: Yes
  • Exterior:Columns: Yes
  • ConstructionSiding:Trim Wood: Yes
  • Lot Features:Sidewalk: Yes
  • Exterior:BBQ PitGrill: Yes
  • Lot Features:Curb Gutter: Yes
  • Exterior:Fireplace2: Yes
  • Exterior:Guest Quarters: Yes
  • Exterior:Summer Kitchen: Yes

Garage/Parking

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

Utilities

  • Cooling: Ceiling Fans
  • Cooling Y N: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Gas - Natural, Phone, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Pickle Ball, BBQ Pit/Grill, Beach, Boat Launch, Community Room, Deed Access, Dock, Exercise Room, Fishing, Gated Community, Handicap Provisions, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 1840.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 5227.2
  • Parcel #: 15-3S-19-25422-000-0180
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 34843.37
  • 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 $33,266 $4,163,357 $979,727 $3,183,630
2023 $33,266 $3,187,228 $0 $0
2022 $31,570 $3,973,381 $1,087,497 $2,885,884
2021 $25,497 $2,634,073 $951,191 $1,682,882
2020 $23,801 $2,384,276 $870,220 $1,514,056
2019 $22,981 $2,314,074 $844,874 $1,469,200
2018 $22,447 $2,251,245 $0 $0
2017 $21,714 $2,204,690 $796,374 $1,408,316
2016 $19,797 $1,978,382 $0 $0
2015 $19,383 $1,906,919 $0 $0
2014 -- $1,855,919 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 Price Changed $5,299,900 -3.6% $1,063 / Sq Ft
03/08/2025 03/08/25 For Sale $5,499,999 +134.0% $1,103 / Sq Ft
04/25/2023 04/25/23 Off Market $2,350,000 -- --
12/30/2020 12/30/20 Sold $3,525,000 0.0% $707 / Sq Ft
11/04/2020 11/04/20 Pending -- -- --
08/18/2020 08/18/20 For Sale $3,525,000 +50.0% $707 / Sq Ft
07/24/2015 07/24/15 Sold $2,350,000 0.0% $471 / Sq Ft
06/18/2015 06/18/15 Pending -- -- --
05/05/2015 05/05/15 For Sale $2,350,000 +4.0% $471 / Sq Ft
04/10/2012 04/10/12 Sold $2,260,000 0.0% $538 / Sq Ft
03/18/2012 03/18/12 Pending -- -- --
03/11/2012 03/11/12 For Sale $2,260,000 -- $538 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,525,000 Nautilus Title & Escrow
Warranty Deed $2,350,000 Attorney
Warranty Deed $2,260,000 Mcneese Title Llc
Warranty Deed $290,000 Mcneese Title Llc
Warranty Deed $300,000 Mcneese Title Llc
Special Warranty Deed $276,500 Residential Cmnty Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,467,515 New Conventional
Previous Owner $1,000,613 Future Advance Clause Open End Mortgage
Previous Owner $1,695,000 Future Advance Clause Open End Mortgage
Previous Owner $248,784 Purchase Money Mortgage
Source: Public Records

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Source: Emerald Coast Association of REALTORS®

MLS Number: 970608

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25422-000-0180