Watercolor Real Estate

Watercolor Real Estate

Welcome to Watercolor, a stunning coastal subdivision nestled in the heart of Santa Rosa Beach, Florida. This idyllic community is a true gem of Walton County, renowned for its picturesque landscapes, vibrant atmosphere, and family-friendly environment.

Watercolor is designed to blend seamlessly with its natural surroundings, featuring charming architecture that complements the lush greenery and serene coastal views. As you stroll through the tree-lined streets, you'll discover beautifully manicured parks, scenic walking trails, and vibrant gardens that invite you to explore the great outdoors. The community is thoughtfully planned, offering a variety of home styles, from quaint cottages to luxurious beach homes, catering to diverse lifestyles and preferences.

One of the highlights of living in Watercolor is its proximity to the pristine beaches of the Gulf of Mexico. Residents enjoy easy access to soft, white sands and sparkling turquoise waters, perfect for sunbathing, swimming, or simply enjoying breathtaking sunsets. Additionally, the community boasts an array of amenities, including pools, fitness centers, and recreational facilities, ensuring that there’s never a dull moment.

Watercolor is also a hub for social interaction and community events. With a calendar filled with activities from farmers' markets to art festivals, residents can engage with their neighbors while enjoying the vibrant local culture.

Whether you’re seeking a permanent residence, a vacation home, or an investment opportunity, Watercolor offers a unique blend of luxury, relaxation, and community spirit. Embrace the coastal lifestyle and make Watercolor your new home in Santa Rosa Beach!

Newest Listings in Watercolor

$2,500,000
5 Beds ⋅ 5 Baths ⋅ 1008482 MLS
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.

5 Red Basil Dr, Santa Rosa Beach
$2,525,000
3 Beds ⋅ 4 Baths ⋅ 1008049 MLS
Perfectly positioned just steps from Camp WaterColor and only a short bike ride to Seaside, this fun coastal cottage offers an exceptional blend of charm, comfort, and location. Offered fully furnished and rental-ready, the home presents an effortless opportunity for a refined beach retreat, second home, or investment property. A welcoming, front porch sets the tone for relaxed coastal living and opens into a light filled interior designed for both entertaining and everyday comfort. The open concept living space features wide plank heart pine floors, a vaulted tongue-and-groove ceiling, and a gas fireplace, all complemented by tall sunlit windows and French doors that seamlessly connect indoor and outdoor living. The thoughtfully designed kitchen is equipped with stainless steel appliances, a gas range, granite countertops, and a breakfast bar for additional seating, while the adjacent dining area flows naturally onto the porch, ideal for gathering with family and friends.

1337 Western Lake Dr, Santa Rosa Beach
$5,190,000
4 Beds ⋅ 4 Baths ⋅ 1006863 MLS
Perfectly positioned just three lots from the Gulf along one of WaterColor's most coveted streets, 105 Park Row Lane captures panoramic Gulf views, exceptional privacy, and direct access to the newly reimagined WaterColor Beach Club. Bordered by protected national forest, this exceptional residence offers a rare blend of refined coastal living and natural seclusion. Recently refreshed with new interior paint, curated furnishings, and designer décor, the home is offered completely turnkey. Thoughtfully designed across three levels, the residence features four spacious bedrooms plus a sleeper sofa, while expansive second- and third-floor balconies frame sweeping Gulf vistas in one direction and tranquil forest views in the other. The light-filled main living area is designed for effortless entertaining, showcasing vaulted ceilings, custom millwork, designer lighting, and a seamless connection to the chef's kitchen, appointed with marble countertops, premium stainless-steel appliances, and an oversized island. Just beyond, the spacious balcony extends the living space with alfresco dining and a signature hanging daybed. Just steps from the beach and WaterColor's premier amenities, 105 Park Row Lane presents a rare turnkey opportunity with exceptional rental potential, offering an effortless blend of luxury, location, and timeless appeal along Scenic Highway 30A.

105 Park Row Ln, Santa Rosa Beach
$4,489,000
5 Beds ⋅ 6 Baths ⋅ 1006733 MLS
This five bedroom custom-built coastal compound does more than welcome you home -- it creates a legacy. This home was custom designed by Romair Development Group and its one-of-a-kind finishes throughout make it one of the standouts in all of Watercolor! An indoor fireplace centers the great room with warmth and style, while the open-concept design leads to a dream kitchen with Sub-Zero appliances and an inviting dining area made for weekend gatherings. Three luxury primary suites offer guests resort-style comfort and privacy, while a seperate bunk room gives children a fun and inviting space of their own. An enclosed office with cascading natural light creates a private retreat for work, study, or quiet focus. The home blends sophisticated technology with effortless comfort, featuring a Control4 smart home system and automated lighting throughout. Just beyond the doors, the outdoor living takes center stage! A shimmering, heated pool invites long afternoons in the sun, while a private cabana, fireplace, and television set the scene for relaxed evenings year-round. The outdoor living goes beyond again with an extraordinary kitchen that sets the stage for year-round entertaining, while spacious porches surround the home with large-screen TVs, swing beds, and beautifully designed areas for relaxing and gathering. Behind the home, a protected nature preserve wraps the property in peaceful quietude and delivers a rare sense of privacy. Offered fully furnished, this extraordinary residence delivers a rare opportunity to own in WaterColor, one of 30A's most desirable communities. Don't miss the chance to make it yours.

514 E Royal Fern Way, Santa Rosa Beach
$8,000,000
6 Beds ⋅ 5 Baths ⋅ 1006685 MLS
Located in Phase 2, this one family owned, never before rented home offers the privacy of a backyard preserve, a front yard facing a park area, while also being tucked nicely inside a private cove. This home has one of the largest private family pools inside the Watercolor community and was designed by the Stackable Group and built by Cole construction. A Peacock paver pool deck with fully fenced in back yard expands into a summer kitchen with an outdoor fireplace. The carriage house is fully equipped with a kitchen, full bath and extends over a full capacity two car garage. Inside the home you will find grey washed floors, mosaic marble bathrooms, and souring ceilings. A large fireplace anchors the living and dining area. This home offers large rental projections while also providing a luxurious secluded space within the community.

40 Chapman Oak Way, Santa Rosa Beach
$1,350,000
1006591 MLS
Lot 36 is located in the exclusive non short term rental area of Phase 5. The Park District offers 41 custom homesites in the only rental restrictive area of Watercolor. The back of this lot spans along a Preserve area offering the homeowner ultimate privacy while still enjoying all the highly sought after Watercolor amenities

Lot 36 String Lily, Santa Rosa Beach
$4,750,000
3 Beds ⋅ 3 Baths ⋅ 1006497 MLS
Welcome to one of the most desirable Gulf-front residences in all of WaterColor. Perfectly positioned on the first level of this intimate beachfront condominium, Unit 8 offers an exceptionally rare combination of direct walk-out access to the building's exclusive Gulfside pool, immediate access to the sugar-white sands of the Emerald Coast, and breathtaking panoramic Gulf views--all within one of 30A's most prestigious resort communities. Unlike upper-floor residences, this home lives much like a true beachfront retreat, seamlessly blending indoor and outdoor living. Step directly from your private porch to the pool deck, then continue just a few steps farther to the beach, creating an effortless coastal lifestyle that is seldom found among luxury Gulf-front condominiums. Ideally positioned between WaterColor and Seaside, Residence 8 spans approximately 2,560 square feet across two levels and lives more like a beachfront home than a condominium. Showcasing sweeping Gulf of Mexico views, the residence features three bedrooms, three full bathrooms, and a bonus bunk room with custom bunks, creating the perfect layout for family enjoyment and strong rental performance. Extensively updated and offered fully furnished, the residence is truly turnkey. Recent improvements include a beautifully renovated kitchen, custom inset cabinetry throughout, upgraded countertops, designer furnishings, and brand-new windows and doors that enhance both aesthetics and functionality while maximizing natural light and Gulf views. Designed to embrace its extraordinary beachfront setting, the home features two spacious covered porches that provide multiple outdoor living and dining spaces overlooking the emerald waters and sugar-white sand beaches below. Whether enjoying a morning sunrise, afternoon sea breeze, or evening sunset, the expansive porches create a seamless connection between indoor and outdoor living. Owners enjoy exclusive access to the building's private gulf-side swimming pool just steps from the beach--an amenity rarely found along 30A. Further distinguishing this offering are two covered parking spaces and a dedicated exterior storage unit, providing a level of convenience seldom available in comparable gulf-front residences. Ownership includes access to WaterColor's unparalleled collection of resort amenities, including the iconic Gulf-front Beach Club, Camp WaterColor's pools, lazy river and waterslides, Western Lake paddleboarding and kayaking, tennis and pickleball courts, beautifully maintained parks, and miles of scenic walking and biking trails throughout the community. Currently operating as a successful vacation rental, this residence offers the flexibility of immediate income generation while serving as an exceptional second home or legacy family retreat. Combining one of the most desirable locations on 30A, panoramic Gulf views, extensive renovations, private pool access, two covered parking spaces, dedicated storage, and the unmatched WaterColor lifestyle, Residence 8 represents one of the rarest ownership opportunities currently available along the Emerald Coast.

1848 E County Highway 30a Unit UNIT 8, Santa Rosa Beach
$4,850,000
6 Beds ⋅ 6 Baths ⋅ 1005346 MLS
One of WaterColor's most coveted south-of-30A locations: offering Gulf views, a backdrop of Grayton Beach State Park and projected rental income of $426,670 annually. Positioned along WaterColor's exclusive Park Row and bordering the serenity of Grayton Beach State Park, this gulf-front home delivers the rare combination of privacy, space and immediate access to the best of 30A. With sweeping views of both the gulf and Western Lake, this six-bedroom retreat is just steps from the Beach Club, Fish Out of Water and Town Center - yet tucked away enough to offer the quietude expected from a high-end coastal escape.

93 Park Row Ln, Santa Rosa Beach
$3,299,000
4 Beds ⋅ 5 Baths ⋅ 1004924 MLS
Grace, privacy, and refined functionality come together in this beautifully updated four bedroom, four and a half bath residence by David Weekley Homes, ideally located in WaterColor's sought after Cypress Cove district. With a large backyard and near a serene natural preserve, the home offers a peaceful backdrop for everyday living or extended stays along 30A. A soaring 25 foot foyer creates an impressive first impression and leads past a private study with French doors into a light filled family room, spacious dining area, and gourmet kitchen. Newly refreshed with a reimagined island, striking backsplash, and all new flooring, the kitchen features JennAir Pro Series appliances, Timberlake cabinetry, and marble countertops, making it ideal for entertaining or gathering with family. The dining area flows seamlessly to a screened porch overlooking lush greenery. The first floor owner's retreat offers private porch access and a luxurious bath with dual vanities and a soaking tub. Upstairs, three additional bedrooms, including a second floor master, an ensuite bedroom, and a bunk room, along with a second sitting area, provide ample space for guests. Thoughtful details include shiplap accents, oak flooring throughout, glass tile finishes, and a one car garage. Near WaterColor Crossings and moments from the Gulf, this home offers access to resort style pools, tennis, a fitness center, trails, and the gulf front Beach Club.

144 Royal Fern Way, Santa Rosa Beach
$4,495,000
5 Beds ⋅ 6 Baths ⋅ 1002676 MLS
A rare opportunity in Phase 5 of WaterColor--this new construction by Romair marks their first build in the community in over six years, following a legacy of hundreds of homes built in the original WaterColor phases. Thoughtfully positioned on a preserve-backed homesite, this residence offers lasting privacy and a seamless connection to nature. Designed with entertaining in mind, the open-concept kitchen and living areas flow effortlessly to the outdoor pool and living space. The main level features 12-foot ceilings, a guest suite, while the primary suite overlooks the preserve and includes a private porch retreat. Upstairs, a spacious bonus/media room creates the perfect gathering space after long days at the beach. A true blend of craftsmanship, history, and lifestyle in one of 30A's most sought-after communities.

202 Climbing Rose Way Way, Santa Rosa Beach
$4,695,000
6 Beds ⋅ 6 Baths ⋅ 1004623 MLS
21 Blackwater Street presents a rare opportunity to own one of 30A's most compelling waterfront residences--offered at an extraordinary value, approximately $800,000 below appraised value. Spanning 4,563 square feet across three thoughtfully designed levels, this six-bedroom, five-and-a-half-bathroom home blends refined architecture, sophisticated interiors, and an unparalleled connection to the natural beauty that defines the Emerald Coast. From the moment you enter, a rich blend of maple and walnut cherry hardwood flooring, a striking glass-railed staircase, and expansive lake views establish a sense of understated elegance. The main living area is anchored by custom built-ins and framed by windows that capture the ever-changing scenery of Western Lake. Designed for both entertaining and everyday living, the chef's kitchen features an oversized island, a Viking range, built-in coffee system, premium Liebherr refrigerator, and generous gathering spaces that flow seamlessly to multiple porches overlooking the water. The second-floor primary suite offers a private retreat with its own balcony, dual walk-in closets complete with custom cabinetry, a dedicated makeup vanity, and a spa-inspired bath featuring a soaking tub and separate shower room. Additional accommodations include spacious guest suites, a custom bunk room, a media room with built-ins, and a fitness room with wet bar, creating exceptional flexibility for hosting family and friends. Outdoor living is equally impressive. An intimate courtyard centered around a fireplace and fountain invites relaxed evenings beneath the stars, while oversized screened porches provide front-row views of one of South Walton's most treasured coastal dune lakes. A two-car garage, abundant storage, and carefully curated design details throughout enhance both comfort and functionality. Just moments from WaterColor's celebrated amenities--including resort-style pools, nature trails, parks, and access to the Gulf--and within easy walking, biking, or golf cart distance of Seaside, acclaimed dining, boutique shopping, and the sugar-white beaches of 30A, this residence embodies the effortless luxury and coastal lifestyle for which the community is renowned. Short-term rentals are permitted, further enhancing the property's versatility and investment potential.

21 Blackwater St, Santa Rosa Beach
$4,485,000
5 Beds ⋅ 4 Baths ⋅ 1002970 MLS
Welcome to 109 Dandelion Drive, perfectly positioned on the corner of one of the most desirable streets in WaterColor. This newly remodeled and refreshed classic coastal home offers 5 bedrooms, 4 baths, and 3,748 square feet of luxurious and comfortable living space in coveted Phase 1 of the community. Ideally located just across from the Tennis Center and the location of the new Fitness Center with easy access to Seaside, the Beach Club, Camp WaterColor, community pools, scenic walking trails, and the sugar-white sands of 30A. This home captures the very best of WaterColor living. Thoughtfully designed for both relaxation and entertaining, the spacious floor plan includes a first-floor guest bedroom with its own private screened porch, while the expansive primary suite features a large en-suite bath and private balcony overlooking the peaceful surroundings. Newly refreshed interiors and beautifully curated design elements by Owens Design Group bring a sophisticated and welcoming coastal aesthetic throughout the home. Timeless architecture, elevated finishes, and an unbeatable location combine to create an exceptional opportunity in one of 30A's most sought-after communities.

109 Dandelion Dr, Santa Rosa Beach
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