$6,120,000

Estimated payment $36,978/month

Total Views 2,733
7 Beds
6.5 Baths
5,130 Sq Ft
$1,193 Price per Sq Ft

Highlights

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

About This Home

Nestled in WaterColor's most sought-after location, this distinctive residence occupies an expansive corner lot and boasts multiple porches offering breathtaking views of the Gulf of Mexico from its impressive four-story watchtower. Situated directly opposite the beach club and numerous beach access points, the property overlooks the spacious private pool, carriage house, and garage at the rear, all easily reachable via Western Lake Drive. Crafted by architect Dawn Thurber, this luxurious Florida home has recently undergone a comprehensive update, including a new third-floor bathroom, refreshed flooring, and upgraded lighting throughout. Its upscale features include a central vacuum system and floor-to-ceiling impact glass windows. The main living and dining areas are situated on the second floor, strategically elevated for enhanced privacy. The expansive living room features soaring ceilings and multiple French doors leading to 2,400 square feet of covered outdoor living spaces. Additionally, there's a formal dining area and several cozy nooks ideal for quiet moments or intimate conversations. The fully-equipped gourmet kitchen includes a bar for pre-dinner gatherings. With seven elegant bedrooms, king suites on each floor and in the guest house, a generous built-in bunk space, and 6.5 baths, the property comfortably accommodates larger family gatherings, weddings, and luxurious retreats.

The private pool area, nestled between the main house and carriage house, provides a serene setting for swimming or unwinding by the woodburning fireplace after sunset. The expansive outdoor kitchen is perfect for hosting barbecues and relaxed dining after a day of activities. Guests can also enjoy panoramic Gulf views from the tower room at sunset. The oversized mudroom, complete with two sets of washers and dryers, custom built-ins, and a designated changing room, caters to the needs of returning guests and renters from the pool or beach.

Conveniently located just a short stroll from Town Center shops and restaurants, including Fish Out of Water, and across from the renowned WaterColor Inn, the property offers easy access to amenities such as tennis, pickleball courts, and Camp WaterColor, reachable by a quick bike or golf cart ride.

Listing Agent

Beau Blankenship

Christies International Real Estate Emerald Coast Listed on: 08/11/2025

Christies International Real Estate Emerald Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,327

Year Built

  • Built in 2007

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 56' x 156' x 51' x 157'
  • Partially Fenced Property

HOA Fees

  • $613 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Automatic Garage Door Opener

Home Design

  • Beach House
  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 5,130 Sq Ft Home
  • 4-Story Property
  • Wet Bar
  • Central Vacuum
  • Furnished
  • Built-in Bookshelves
  • Shelving
  • Woodwork
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Area
  • Screened Porch
  • Gulf Views
  • Home Security System

Kitchen

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

Flooring

  • Wood
  • Painted or Stained Flooring
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Built-In Bunk Beds
  • Dressing Area
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Outdoor Shower

Outdoor Features

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

Additional Homes

  • Dwelling with Separate Living Area

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

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25519-000-0010

Community Details

Overview

  • Association fees include accounting, ground keeping, 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 Room

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,327

Year Built

Built in 2007

Lot Details

0

HOA Fees

$613 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • Lot Size: 56' x 156' x 51' x 157'
  • Road Surface Type: Paved
  • Subdivision Name: WATERCOLOR
  • Directions: From Hwy 331 turn Left onto Hwy 98, heading East. Turn right onto County Rd 283 S. Turn left onto E County Hwy 30A. Turn left onto Mystic Cobalt St and then an immediate Right onto Western Lake Dr. The driveway is the first one on your right.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 4
  • Year Built: 2007
  • 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
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Dining Area: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Gas - Natural: Yes
  • Special Features: None
  • Stories: 4

Interior Features

  • Furnished: Furnished - All
  • Appliances: Auto Garage Door Opn, Central Vacuum, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven Self Cleaning, Range Hood, Refrigerator, Refrigerator W/IceMk, Security System, Stove/Oven Gas, Washer, Wine Refrigerator, Water Heater - Elect
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplace Features: Fireplace Gas, Fireplace
  • Fireplace: Yes
  • Flooring: Floor Hardwood, Floor Tile
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Ceiling Crwn Molding, Fireplace, Fireplace 2+, Guest Quarters, Hallway Bunk Beds, Kitchen Island, Lighting Recessed, Owner's Closet, Pantry, Shelving, Washer/Dryer Hookup, Wet Bar, Woodwork Painted
  • Window Features: Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: 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
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Interior:Furnished - All: Yes
  • Appliances:Freezer: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Woodwork Painted: Yes
  • Appliances:Security System: Yes
  • Mstr BdrmMstr Bath:MBath Dressing Area: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior:Fireplace Gas: Yes
  • Interior:Shelving: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Wet Bar: Yes
  • Interior:Fireplace: Yes
  • Interior:Hallway Bunk Beds: Yes
  • Interior:Guest Quarters2: Yes
  • Appliances:Central Vacuum: Yes
  • Interior:Fireplace 2: Yes

Exterior Features

  • Fencing: Fenced Lot-Part
  • Lot Features: Covenants, Restrictions, Survey Available, Within 1/2 Mile to Water
  • Pool Features: Pool - Heated, Pool - In-Ground, Pool Type
  • View: Gulf
  • Construction Type: Frame, Siding CmntFbrHrdBrd, Siding Wood
  • Exterior Features: Balcony, BBQ Pit/Grill, Pool - Gunite Concrt, Separate Living Area, Shower, Summer Kitchen
  • Foundation Details: Foundation On Piling
  • Other Structures: Guest Quarters
  • Patio And Porch Features: Deck Covered, Deck Open, Patio Covered, Patio Open, Porch, Porch Open, Porch Screened
  • Property Condition: Renovated, Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Exterior:Fenced Lot-Part: Yes
  • Exterior:Porch: Yes
  • Lot Features:Survey Available: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: 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:Patio Covered: Yes
  • Exterior:Deck Open: Yes
  • Exterior:Porch Open: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Shower: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Porch Screened: Yes
  • Exterior:BBQ PitGrill: Yes
  • ConstructionSiding:Siding Wood: Yes
  • Exterior:Fireplace2: Yes
  • Exterior:Guest Quarters: Yes
  • Exterior:Separate Living Area: Yes
  • Exterior:Pool - Gunite Concrt: Yes
  • Exterior:Summer Kitchen: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage, Garage Detached
  • General Property Info:Garage2: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Rooms:Garage5: Yes
  • Parking Features:Garage3: Yes
  • Parking Features:Garage Detached: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Pickle Ball, Beach, Community Room, Deed Access, Dock, Exercise Room, Fishing, Pets Allowed, Picnic Area, Playground, Pool, Tennis, Waterfront
  • Association #2 Fee: 1840.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, 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

  • Lot Size Sq Ft: 8276.4
  • Parcel #: 15-3S-19-25519-000-0010
  • Zoning: Resid Single Family

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 $39,327 $4,519,455 $1,540,129 $2,979,326
2023 $39,327 $4,129,840 $0 $0
2022 $37,814 $4,443,149 $1,709,543 $2,733,606
2021 $33,674 $3,546,147 $1,495,270 $2,050,877
2020 $30,973 $3,102,810 $1,367,984 $1,734,826
2019 $29,902 $3,010,975 $1,328,140 $1,682,835
2018 $29,369 $2,945,377 $0 $0
2017 $28,285 $2,881,289 $1,251,900 $1,629,389
2016 $26,974 $2,813,967 $0 $0
2015 $25,586 $2,681,583 $0 $0
2014 $21,879 $2,122,272 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2025 08/11/25 For Sale $6,120,000 +136.3% $1,193 / Sq Ft
02/15/2013 02/15/13 Sold $2,589,999 0.0% $515 / Sq Ft
01/15/2013 01/15/13 Pending -- -- --
01/21/2011 01/21/11 For Sale $2,589,999 -- $515 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,589,999 None Available
Warranty Deed $660,000 Mcneese Title Llc
Special Warranty Deed $501,500 Residential Community Title
Warranty Deed $737,600 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,295,000 New Conventional
Previous Owner $2,303,000 Unknown
Previous Owner $495,000 Purchase Money Mortgage
Source: Public Records

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Source: Emerald Coast Association of REALTORS®

MLS Number: 982889

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25519-000-0010