NOT LISTED FOR SALE

Estimated Value: $2,678,000 - $3,417,000

5 Beds
5.5 Baths
3,112 Sq Ft
$962/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $2,695,000 $866 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $18,604/month

2 Days on Market

Highlights

  • Boat Dock
  • Beach
  • In Ground Pool
  • Bay Elementary School Rated A-
  • Deeded access to the beach
  • Fishing

About This Home

As of January 2022

Imagine enjoying a WaterColor lifestyle from this five-bed, five-bath home with a beautiful pool and carriage house. No compromises are required in this luxury vacation home which has a proven rental history for those looking for an attractive return. Rich hardwood flooring sets the tone for a modern home with shiplap walls and many added extras. The L-shaped open living space flows through a formal dining area to the light filled open-concept kitchen with marble countertops and large island. An undercounter wine refrigerator keeps chilled drinks handy and there's an impressive wet bar with icemaker, ensuring a smooth operation. Step through French doors into the deep wraparound screened porch with lovely coquina shell fireplace and absorb the peaceful atmosphere while sipping your... .. morning coffee. Enjoy ample space for alfresco dining and relaxing overlooking the pool and bubbling spa. The impressive primary suite is conveniently located on this level while stairs lead up to a second floor living area along with 3 additional bedroom rooms all with ensuite private baths. The adjacent carriage house provides additional space for guests. Hop on your bikes and head off to explore the facilities in this 499-acre coastal resort. Named No. 1 family vacation destination in the USA, it offers unparalleled beachside amenities at the Beach Club. Stroll along the pristine white sand or take a dip in one of the pools, including one with zero entry. Tennis courts and championship golf nearby will fill your day. Meet up with friends in the evening at the sunset bar and dine well at the WaterColor Grill. This is five-star Florida living at its best.

Last Agent to Sell the Property

Cynthia Cobine

Scenic Sotheby's International Realty Brokerage Email: cindi@scenicsir.com License #3102606 Listed on: 09/19/2021

Scenic Sotheby's International Realty

Co-Listed By

Cliff Cohen

Scenic Sotheby's International Realty Brokerage Email: cindi@scenicsir.com License #541210

Last Buyer's Agent

Mark Braddock

Christies International Real Estate Emerald Coast License #3295352

Christies International Real Estate Emerald Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,013

Year Built

  • Built in 2016

Lot Details

  • Lot Dimensions are 65 x 109
  • Property fronts a private road
  • Cul-De-Sac
  • Back Yard Fenced
  • Property is zoned Deed Restrictions, Resid

HOA Fees

  • $530 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • 2 Attached Carport Spaces

Home Design

  • Beach House
  • Metal Roof
  • Wood Trim
  • Cement Board or Planked

Interior Spaces

  • 3,112 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Window Treatments
  • Sitting Room
  • Living Room
  • Screened Porch
  • Utility Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven or Range
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 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
  • Fire Sprinkler System

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deeded access to the beach
  • Lock
  • Built-In Barbecue

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
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 14-3S-19-25403-000-0300

Community Details

Overview

  • Association fees include accounting, ground keeping, internet service, management, master, recreational faclty, security, cable TV, trash
  • Watercolor Subdivision

Amenities

  • Picnic Area
  • Community Pavilion
  • Recreation Room

Recreation

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

Security

  • Building Fire Alarm

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,013

Year Built

Built in 2016

Lot Details

0

HOA Fees

$530 per month

Parking

1

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 65 x 109
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: EDR3
  • Co List Office Phone: 850-231-6052
  • Subdivision Name: WATERCOLOR
  • Directions: 30A & 395 travel north to E. Royal Fern Way. Take a right, take E. Royal Fern past the stop sign almost to the end on the street. The home will be on you right.
  • Architectural Style: Beach House
  • Carport Y N: Yes
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2016
  • ResoBuildingAreaSource: Appraiser
  • Attribution Contact: cindi@scenicsir.com
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Utilities:Tap Fee Paid: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Sitting Room: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Gas - Natural: Yes
  • Rooms:Screened Porch: Yes
  • Energy:Storm Windows: Yes
  • Energy:Water Heater - Gas: Yes
  • Energy:Storm Doors: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Refrigerator W/IceMk, Security System, Smoke Detector, Stove/Oven Gas, Washer, Wine Refrigerator
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Storm Door(s)
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Floor Hardwood, Furnished - All, Guest Quarters, Kitchen Island, Lighting Recessed, Lock Out, Owner's Closet, Pantry, Washer/Dryer Hookup, Wet Bar, Window Treatment All
  • Window Features: Storm Window(s)
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: 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
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Appliances:Security System: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior:Wet Bar: Yes
  • Interior:Guest Quarters2: Yes

Exterior Features

  • Lot Features: Cul-De-Sac, Restrictions, Survey Available
  • Pool Features: Pool Type
  • Construction Type: Roof Metal, Siding CmntFbrHrdBrd, Slab, Trim Wood
  • Exterior Features: BBQ Pit/Grill, Fenced Back Yard, Fireplace, Guest Quarters, Pool - In-Ground, Porch Screened, Shower
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • Lot Features:Survey Available: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Shower: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Porch Screened: Yes
  • ConstructionSiding:Trim Wood: Yes
  • Exterior:BBQ PitGrill: Yes
  • Exterior:Fireplace2: Yes
  • Exterior:Guest Quarters: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.0
  • Garage Spaces: 1.0
  • Parking Features: Carport Attached, Garage Detached
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Detached: Yes
  • Parking Features:Carport Attached: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Community Room, Deed Access, Dock, Fishing, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 1590.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

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

Schools

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

Lot Info

  • Parcel #: 14-3S-19-25403-000-0300
  • Zoning: Deed Restrictions, Resid
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 12013.03
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2021
Closed on
Jan 14, 2022
Sold by
Sel Estate Llc
Bought by
Lipari Jason and Lipari Krista
Seller's Agent
Cynthia Cobine
Scenic Sotheby's International Realty
Buyer's Agent
Mark Braddock
Christies International Real Estate Emerald Coast
List Price
$2,695,000
Sold Price
$2,695,000
Current Estimated Value
$2,991,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,022
Avg. Annual Appreciation
3.28%
Original Mortgage
$2,000,000
Outstanding Balance
$1,860,677
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$1,164,423

Purchase Details

Listed on
Jan 21, 2016
Closed on
Aug 31, 2016
Sold by
Weekley Homes Llc
Bought by
Sel Estate Llc
Seller's Agent
Linda Campbell
Watersound Real Estate
Buyer's Agent
Cynthia Cobine
Scenic Sotheby's International Realty
List Price
$1,500,000
Sold Price
$1,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.51%

Purchase Details

Closed on
Jul 30, 2013
Sold by
The St Joe Company
Bought by
Weekley Homes Llc and Weekley Homes L P
Source: Public Records

Range of Values:

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Average Value
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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
Lipari Jason $2,695,000 Rushing Law Firm Pllc
Sel Estate Llc $1,500,000 Town Square Title Ltd
Weekley Homes Llc $275,000 Town Square Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lipari Jason $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold $2,695,000 0.0% $866 / Sq Ft
09/21/2021 09/21/21 Pending -- -- --
09/19/2021 09/19/21 For Sale $2,695,000 +79.7% $866 / Sq Ft
09/15/2019 09/15/19 Off Market $1,500,000 -- --
08/31/2016 08/31/16 Sold $1,500,000 0.0% $494 / Sq Ft
08/02/2016 08/02/16 Pending -- -- --
01/21/2016 01/21/16 For Sale $1,500,000 -- $494 / 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 $20,381 $2,309,252 $408,650 $1,900,602
2023 $20,381 $2,281,332 $408,650 $1,872,682
2022 $15,468 $1,936,294 $453,602 $1,482,692
2021 $12,575 $1,299,098 $396,747 $902,351
2020 $12,013 $1,203,421 $362,974 $840,447
2019 $11,328 $1,140,683 $352,402 $788,281
2018 $10,708 $1,103,315 $0 $0
2017 $9,404 $948,767 $332,172 $616,595
2016 $2,992 $304,187 $0 $0
2015 $2,733 $270,750 $0 $0
2014 $2,500 $242,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 882098

Emerald Coast Association of REALTORS®

APN: 14-3S-19-25403-000-0300