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WaterColor Land & Home Lots for Sale

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  • /20

    $1,299,000

    • Land
    • 0.13 Acre
    • $9,992,308 per Acre

    72 String Lily Cove, Santa Rosa Beach, FL 32459

    Discover an unparalleled opportunity to build your dream home in the prestigious Park District of Watercolor, Phase V. Lot 37 is a premier homesite, ideally situated at the end of a quiet cul-de-sac on String Lily Cove. This exceptional property offers privacy and tranquility, with a greenbelt behind it and a 20-ft-wide greenway easement between it and the adjacent lot to the right. A completed

    Spears Group Compass

    72 String Lily Cove, Santa Rosa Beach, FL 32459
  • /15

    $1,325,000

    • Land
    • 0.13 Acre
    • $10,192,308 per Acre

    Lot 32 String Lily Cove, Santa Rosa Beach, FL 32459

    Welcome to Park District, Phase 5 of WaterColor. The rental-restricted Park District has 41 custom homesites and has a dedicated pool for the owners. Owners in WaterColor have exclusive access to all amenities in this community, including the Beach Club, Camp WaterColor, Fitness Center, six resort pools, tennis facilities, and much more! Lot 32 is located across the street from Phase 5 park and

    Susan Adamson Berkshire Hathaway HomeServices

    Lot 32 String Lily Cove, Santa Rosa Beach, FL 32459
  • /14

    $1,189,000

    • Land
    • 0.12 Acre
    • $9,908,333 per Acre

    12 Climbing Rose Way, Santa Rosa Beach, FL 32459

    Don't miss this exceptional opportunity to own one of the best-valued homesites in the highly anticipated Phase 5 of WaterColor. Of the 40 available lots in this sought-after community, nearly half are already built out—highlighting strong demand and continued growth in the area.Located in the exclusive Park District, Lot 12 is a generously sized, rectangular homesite backing onto a serene

    Miriam Dudenhefer Compass

    12 Climbing Rose Way, Santa Rosa Beach, FL 32459
  • /3

    $899,000

    • Land
    • 0.07 Acre
    • $12,842,857 per Acre

    215 Wisteria Way, Santa Rosa Beach, FL 32459

    :No build out time! Tap fees paid! Welcome home to a wonderful opportunity to build your own custom dream home in phase 4 of Watercolor. The coveted community of Watercolor includes access to five star resort style community swimming pools, a freshly updated Gulf front beach club, fitness center, tennis center, camp Watercolor, and much more.

    Doug Addeo Community Realty Associates

    215 Wisteria Way, Santa Rosa Beach, FL 32459
  • /20

    $1,550,000

    • Land
    • 0.13 Acre
    • $11,923,077 per Acre

    72 String Lily Cove, Santa Rosa Beach, FL 32459

    Discover an unparalleled opportunity to build your dream home in the prestigious Park District of Watercolor, Phase V. Lot 37 is a premier homesite, ideally situated at the end of a quiet cul-de-sac on String Lily Cove. This exceptional property offers privacy and tranquility, with a greenbelt behind it and a 20-ft-wide greenway easement between it and the adjacent lot to the right. A completed

    Spears Group Compass

    72 String Lily Cove, Santa Rosa Beach, FL 32459
  • /14

    $1,350,000

    • Land
    • 0.14 Acre
    • $9,642,857 per Acre

    40 String Lily Cove, Santa Rosa Beach, FL 32459

    Beautiful Phase 5 homesite in Watercolor. The newest section of Watercolor is a rental restricted neighborhood with its own pool and access to all of the amazing Watercolor amenities. This lot backs up to green space and is located on a cul de sac.

    Scott Cobine Berkshire Hathaway HomeServices

    40 String Lily Cove, Santa Rosa Beach, FL 32459
  • /2

    $1,350,000

    • Land
    • 0.12 Acre
    • $11,250,000 per Acre

    36 String Lily Cove, Santa Rosa Beach, FL 32459

    This Lot is located in the new exclusive area of Phase 5 Watercolor. The Park District is offering 41 custom homes sites, many already built, in the only rental restrictive area of Watercolor. The back of this lot spans along a Preserve offering the homeowner ultimate privacy while still enjoying all the highly sought after Watercolor Amenities.

    Sarah Mowell Berkshire Hathaway HomeServices

    36 String Lily Cove, Santa Rosa Beach, FL 32459

Home Trends in WaterColor, FL

Housing Trends

Median Sale Price
$640,000
Median Single Family Sale Price
$640,000
Average Price Per Sq Ft
$398
Number of Homes for Sale
2
Last 12 months Home Sales
13
Months of Supply
1.80
Median List Price
$649,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
26%
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