5 Red Basil Dr Santa Rosa Beach, FL 32459
WaterColor NeighborhoodEstimated payment $14,668/month
Highlights
- Community Boat Dock
- Golf Course Community
- Fitness Center
- Beach
- Deeded access to the beach
- Upgraded Media Wing
About This Home
Welcome to 'Stay Salty', a beautifully updated five-bedroom, four-and-a-half-bath home located on a highly sought-after corner lot in the WaterColor community. Professionally designed by Three Dog Design and sold fully furnished with a four-person golf cart, this property comfortably sleeps 12 and has been extensively upgraded throughout. A true turnkey opportunity for luxury living or high-performing short-term rental ownership.
The open, light-filled floor plan features high ceilings and coastal-inspired interiors. The spacious living and dining areas flow into a custom kitchen with quartz countertops, stainless steel appliances, and a large island with seating. The main-level primary suite offers a spa-style bath, while upstairs includes additional king and queen suites, a double-queen room, a twin bunk nook, and a secondary living area with a private balcony.
Outdoor spaces include a screened patio with grill, covered front porch, upper balcony, and expansive side deck surrounded by mature landscaping. The home includes a garage suitable for the golf cart or a small vehicle, plus driveway parking for two vehicles.
Rental performance is exceptional, producing $130,508.05 in 2024, $158,259.47 for 2025, and $171,481.25 for 2026 (all gross revenue numbers excluding taxes collected) with new reservations coming in daily and lots of owner use! Over 60 five-star reviews across all OTA's and a 12% repeat guest rate year-to-date highlight its proven appeal.
Owners and guests enjoy full access to WaterColor's top-tier amenities including resort-style pools, tennis and pickleball courts, trails, parks, and the private WaterColor Beach Club. Just minutes from Seaside, 30A dining, and the Gulf, this corner-lot home combines design, comfort, and strong investment potential in one of 30A's most desirable neighborhoods.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,806
Year Built
- Built in 2013
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 45x106x32x107
- Property fronts a private road
- Sprinkler System
Parking
- 1 Car Garage
- Garage Door Opener
Home Design
- Beach House
- Slab Foundation
- Frame Construction
- Pitched Roof
- Cement Board or Planked
Interior Spaces
- 2,749 Sq Ft Home
- 2-Story Property
- Wainscoting
- Ceiling Fan
- Living Room
- Dining Area
- Upgraded Media Wing
- Bonus Room
- Screened Porch
- Painted or Stained Flooring
- Fire and Smoke Detector
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Range Hood
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom Suite
Laundry
- Dryer
- Washer
Outdoor Features
- Deeded access to the beach
- Deck
Schools
- Dune Lakes Elementary School
- Emerald Coast Middle School
- South Walton High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Cable TV Available
Additional Features
- Energy-Efficient Doors
- Dwelling with Separate Living Area
Listing and Financial Details
- Assessor Parcel Number 14-3S-19-25404-000-0940
Community Details
Overview
- Property has a Home Owners Association
- Association fees include land recreation, recreational faclty, security, cable TV, trash, internet
- Watercolor Subdivision
- The community has rules related to covenants
Amenities
- Community Barbecue Grill
- Picnic Area
- Community Pavilion
Recreation
- Community Boat Dock
- Beach
- Golf Course Community
- Community Playground
- Fitness Center
- Exercise Course
- Community Pool
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $16,350 | $1,809,523 | $175,000 | $1,634,523 |
| 2024 | $13,609 | $1,839,919 | $171,019 | $1,668,900 |
| 2023 | $13,609 | $1,196,664 | $0 | $0 |
| 2022 | $12,134 | $1,555,815 | $189,831 | $1,365,984 |
| 2021 | $9,573 | $988,978 | $166,037 | $822,941 |
| 2020 | $8,366 | $838,031 | $151,903 | $686,128 |
| 2019 | $8,039 | $812,868 | $147,479 | $665,389 |
| 2018 | $7,568 | $784,373 | $0 | $0 |
| 2017 | $6,603 | $666,190 | $139,013 | $527,177 |
| 2016 | $6,497 | $649,297 | $0 | $0 |
| 2015 | $6,335 | $623,227 | $0 | $0 |
| 2014 | $5,844 | $566,897 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/25/2026 07/25/26 | For Sale | $2,500,000 | +100.0% | $909 / Sq Ft | |
| 08/26/2020 08/26/20 | For Sale | $1,250,000 | 0.0% | $455 / Sq Ft | |
| 08/21/2020 08/21/20 | Sold | $1,250,000 | -- | $455 / Sq Ft | View Prior Sale |
| 07/14/2020 07/14/20 | Pending | -- | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,225,000 | None Listed On Document | |
| Warranty Deed | $1,250,000 | Aqua Title Services | |
| Warranty Deed | $630,600 | Mcneese Title Llc | |
| Warranty Deed | $130,000 | Mcneese Title Llc |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $726,201 | New Conventional | |
| Previous Owner | $800,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $250,278 | Credit Line Revolving |
Source: Emerald Coast Association of REALTORS®
MLS Number: 1008482
APN: 14-3S-19-25404-000-0940
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.
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.
- 97 E Summersweet Ln
- 29 Wisteria Way
- 160 E Royal Fern Way
- 144 Royal Fern Way
- 23 Winterberry Cir
- 215 Wisteria Way
- 392 Wood Beach Dr
- 277 Pine Needle Way
- 384 E Royal Fern Way
- 114 Pine Needle Way
- 40 Chapman Oak Way
- 60 Saltwater Ln
- 298 Cullman Ave
- 50 Saltwater Ln
- 485 Wood Beach Dr
- 16 Bosk Ln
- 30 Tall Timber Ct
- 47 Hammock Ln
- 11 Deer Moss Ln
- 42 Bosk Ln
- 80 E Royal Fern Way Unit SI ID1511632P
- 269 San Juan Ave Unit SI ID1502043P
- 26 Sea Walk Cir Unit SI ID1511634P
- 3799 County Rd 30a Unit SI ID1447128P
- 198 Somerset Bridge Rd Unit 139
- 3768 E County Hwy 30a Unit SI ID1447113P
- 32 Gulf Cove Ct Unit SI ID1447139P
- 82 Sugar Sand Ln Unit C3
- 59 Dune Rosemary Ct
- 113 N Myrtle Dr Unit SI ID1447118P
- 74 Greenway Park Ave
- 34 N Ryan St Unit SI ID1514903P
- 301 S Gulf Dr
- 34 Heron's Watch Way Unit 5311
- 34 Heron's Watch Way Unit SI ID1447116P
- 34 Herons Watch Way Unit 5311
- 34 Herons Watch Way Unit 2201
- 383 Lakeview Dr Unit SI ID1462120P
- 11 Beachside Dr Unit SI ID1447137P
- 93 Beachfront Trail
Ask me questions while you tour the home.