$3,999,000

Estimated payment $24,083/month

Total Views 4,704
5 Beds
4.5 Baths
3,628 Sq Ft
$1,102 Price per Sq Ft

Highlights

  • Boat Dock
  • Beach
  • Gulf View
  • Dune Lakes Elementary School Rated A-
  • Fishing
  • Newly Painted Property

About This Home

Located on Western Lake in coveted WaterColor Phase I, this architecturally stunning custom home offers rare Gulf and lake views from one of the tallest towers in the community—complete with wet bar and lounge. Just steps from the Boat House, Amphitheater, and a short walk or ride to the Beach Club, the home features a vaulted second-floor living space with wood ceilings and walls of windows, opening to a screened porch with fireplace. Highlights include Sub-Zero, honed marble, antique heart pine floors, and custom cabinetry. With 5 bedrooms, private office, multiple porches, and room for a pool, this elegant, light-filled home is perfect as a primary, second, or rental property.

Listing Agent

Walter Moss

EXP Realty LLC License #3338285 Listed on: 07/16/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,274

Year Built

  • Built in 2006

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x110
  • Property fronts a private road

HOA Fees

  • $503 Monthly HOA Fees

Parking

  • 2 Attached Carport Spaces

Property Views

  • Gulf
  • Lake

Home Design

  • Florida Architecture
  • Newly Painted Property
  • Metal Roof
  • Cement Board or Planked

Interior Spaces

  • 3,628 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Home Office
  • Screened Porch
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Balcony

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25405-000-0030

Community Details

Overview

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

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,274

Year Built

Built in 2006

Lot Details

0

HOA Fees

$503 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Lot Size: 50X110
  • Road Frontage Type: Private Road
  • Subdivision Name: WATERCOLOR
  • Directions: From 30A in WaterColor turn North on Mystic Cobalt until the road T's and home with be on the North side of Western Lake Drive.
  • Architectural Style: Florida Cottage
  • Carport Y N: Yes
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2006
  • 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
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Utilities:Tap Fee Paid: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:AC - 2 or More: Yes
  • Waterview:Lake2: Yes
  • Utilities:Gas - Natural: Yes
  • Rooms:Screened Porch: Yes
  • Rooms:Office2: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Furnished: Furnished - All
  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range Hood, Refrigerator, Smoke Detector, Stove/Oven Gas, Washer, Wine Refrigerator, Water Heater - Elect
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Floor Hardwood
  • Interior Amenities: Ceiling Cathedral, Ceiling Raised, Ceiling Vaulted, Kitchen Island, Newly Painted, Washer/Dryer Hookup, Wet Bar
  • Window Features: Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Ceiling Cathedral: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Appliances:Freezer: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Ceiling Vaulted: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Newly Painted: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior:Wet Bar: Yes

Exterior Features

  • Lot Features: Covenants, Survey Available, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Lake, Gulf
  • Construction Type: Siding CmntFbrHrdBrd
  • Exterior Features: Balcony, Shower
  • Patio And Porch Features: Porch, Porch Screened
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • Lot Features:Survey Available: Yes
  • Lot Features:Covenants: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Shower: Yes
  • Exterior:Porch Screened: Yes
  • Exterior:Fireplace2: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.0
  • Parking Features: Carport Attached, Covered
  • General Property Info:Garage2: No
  • Parking Features:Carport Attached: Yes
  • Parking Features:Covered: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Gas - Natural, Phone, Public Water, Tap Fee Paid, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Dock, Exercise Room, Fishing, Playground, Pool, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 1510.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Internet Service, Management, Recreational Faclty, Security, Services, Cable TV, Trash

Schools

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

Lot Info

  • Lot Size Sq Ft: 5227.2
  • Parcel #: 15-3S-19-25405-000-0030
  • Zoning: Resid Single Family

Tax Info

  • Tax Annual Amount: 27274.28
  • 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 $25,976 $2,985,920 $1,150,268 $1,835,652
2023 $25,976 $2,858,758 $1,150,268 $1,708,490
2022 $25,871 $2,791,592 $1,276,798 $1,514,794
2021 $17,823 $1,964,893 $1,116,765 $848,128
2020 $16,145 $1,668,916 $1,021,699 $647,217
2019 $15,181 $1,633,043 $991,941 $641,102
2018 $12,889 $1,292,589 $0 $0
2017 $16,285 $1,643,042 $1,224,080 $418,962
2016 $15,878 $1,586,763 $0 $0
2015 $15,091 $1,500,040 $0 $0
2014 $14,115 $1,400,040 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 For Sale $3,999,000 +10.2% $1,102 / Sq Ft
01/07/2024 01/07/24 Off Market $3,630,000 -- --
10/16/2023 10/16/23 Sold $3,630,000 -6.8% $1,003 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
06/30/2023 06/30/23 Price Changed $3,895,000 -1.9% $1,076 / Sq Ft
05/10/2023 05/10/23 Price Changed $3,970,000 -0.6% $1,097 / Sq Ft
03/09/2023 03/09/23 For Sale $3,995,000 +45.3% $1,104 / Sq Ft
04/14/2021 04/14/21 Sold $2,749,000 0.0% $881 / Sq Ft
02/26/2021 02/26/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $2,749,000 -- $881 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,630,000 None Listed On Document
Warranty Deed $2,749,000 Attorney
Warranty Deed $1,875,000 Mcneese Title Llc
Warranty Deed $812,500 Mcneese Title Llc
Corporate Deed $450,000 Sunbelt Title Agency
Warranty Deed $325,000 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,858,500 New Conventional
Previous Owner $1,825,000 New Conventional
Previous Owner $1,680,000 Purchase Money Mortgage
Previous Owner $405,000 No Value Available
Previous Owner $227,500 No Value Available
Source: Public Records

Source: Emerald Coast Association of REALTORS®

MLS Number: 981014

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25405-000-0030