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WATERCOLOR

One of the most popular communities provided by REV Realty Sandbox

WATERCOLOR

About WATERCOLOR

Watercolor Florida real estate refers to properties located in Watercolor, a popular beach community in the Florida Panhandle along the Gulf of Mexico. The real estate in Watercolor typically features beautiful and well-maintained homes, cottages, and luxury beachfront properties. The architecture in Watercolor often reflects a coastal aesthetic, with styles ranging from traditional beach houses to modern and contemporary designs. Watercolor real estate is characterized by its prime location near the beach, as well as its close proximity to amenities such as parks, shopping districts, restaurants, and outdoor recreational activities. Many properties in Watercolor offer stunning views of the Gulf of Mexico or nearby natural areas, making them highly desirable for both residents and vacationers. Overall, Watercolor Florida real estate is known for its upscale and scenic properties, making it a sought-after destination for those looking to own a piece of paradise along the Florida coast.
One of the most popular communities provided by REV Realty Sandbox
47
# of Listings
4
Avg # of Bedrooms
$1,131
Avg. $ / Sq.Ft.
$3,487,723
Med. List Price

Browse WATERCOLOR Real Estate Listings

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Under $250,000

$250,000 - $500,000

$500,000 - $1M

$1M - $3M

$3M - $5M

Over $5M

47 Properties Found. Page 3 of 4.

** Property has been blocked for Easy Showings, between October 18th and October 24th. Experience Luxury Coastal Living in this beautifully updated 4-bedroom, 3.5-bathroom home located in the coveted WaterColor Phase 2 community of 30A. Designed to sleep 8-9 guests, this property is the perfect blend of family retreat and proven investment opportunity.Step inside to find new quartz countertops throughout, updated designer furnishings, and spacious, inviting interiors. Outdoors, enjoy your private heated saltwater pool, plus an outdoor fireplace and built-in grill -- the ultimate setup for family fun and entertaining. Offered fully furnished and complete with a golf cart, this home is truly turnkey. Investment PotentialEstablished rental history with 2025 projected over $200K
#986135

Santa Rosa Beach

96 Tall Timber Court

4 Beds

3 Baths

2,354 Sq.Ft.

$2,775,000

MLS#: 986135

PRIME WATERCOLOR LOCATION! Tucked along Crimson Park in the Park District of Phase 1, this WaterColor cottage enjoys one of the most delightful addresses in the community--every home on the park is painted the color of a rose, creating a storybook streetscape you won't find anywhere else. Step inside and it feels as though you've walked straight into a Serena & Lily showcase, where thoughtfully curated furnishings set the stage for a chic coastal retreat that's casual and relaxed, yet stylish and refined. With more than 1,700 square feet, this two-bedroom plus bunkroom, two-and-a-half bath home is designed for gathering, entertaining, and unwinding. Cathedral and beamed ceilings soar overhead, while oversized windows and three sets of French doors invite sunshine in and frame postcard-worthy views of Crimson Park and the Rose Garden Mews. The first-floor owner's suite features a spa-like bath with dual vanities and opens onto a private screened porch, perfect for morning coffee or evening cocktails. A cozy first-level bunkroom adds charm and convenience, while the spacious upstairs loft with two queen beds lives like a full two-bedroom suite, making it easy to host family and friends in comfort. Offered fully furnished and complete with a six-seat golf cart, this home is truly turn-key. Stroll to the Boathouse pool, the WaterColor Beach Club, or the Gulf in just minutes. Along the way, enjoy all of WaterColor's five-star amenities, multiple pools, tennis and pickleball courts, a fitness center, scenic trails, and the boathouse with paddleboards and kayaks waiting for your next adventure on Western Lake. This is coastal living at its most fun, most beautiful, and most unforgettable. For investors- The last 2 years 114 Sunset Ridge Lane has grossed $133,968 and this year has $136,547 on the books so far.
#985570

Santa Rosa Beach

114 Sunset Ridge Lane

2 Beds

2 Baths

1,732 Sq.Ft.

$2,595,000

MLS#: 985570

Discover the perfect blend of luxury, location, and lifestyle at 379 E. Royal Fern Way in WaterColor, Florida. This 4-bedroom, 4-bathroom home plus bunk room spans nearly 3,000 square feet on a 0.15-acre lot backing up to tranquil green space, creating privacy and peaceful views just moments from the beach. Step inside to soaring 10-foot ceilings and hardwood floors throughout, paired with marble kitchen countertops and granite baths for timeless elegance. The main living area is freshly painted and styled with new designer furnishings (included in the sale), while a front sitting room with TV and a second-floor living area provide multiple gathering spaces. Enjoy a true WaterColor lifestyle with expansive porches on three sides of the home. A welcoming front porch sets the tone, while the primary suite opens to a private second-floor porch overlooking the street. The screened-in back porch wraps the full length of the home and offers serene green space views  ideal for morning coffee or evening gatherings. From this prime Phase 4 location, you're a short bike or golf cart ride to Seaside, WaterColor Beach Club, Camp WaterColor, and local dining and shopping. Owners enjoy exclusive access to the WaterColor Beach Club with gulf-front pools, cabanas, and dining at Fish Out of Water. Camp WaterColor featuring a lazy river, waterslide, and kids' pools. The BoatHouse on Western Lake with paddleboards, kayaks, and lakefront recreation. Parks, green spaces, tennis & pickleball courts, and fitness center This rental-friendly property is perfect as a primary residence, second home, or investment property. The home also offers a carport plus additional parking for 4 vehicles, ensuring plenty of space for family and guests. With Nearly 3,000 sq ft of flexible living space, sold Fully furnished and move-in ready, Multiple porches and outdoor living areas, Access to 30A's premier resort amenities and Strong short-term rental income potential 379 E. Royal Fern Way is more than a house  it's a gateway to the WaterColor lifestyle on Scenic Highway 30A, where sugar-white sands, turquoise waters, and a vibrant coastal community await.
#986023

Santa Rosa Beach

379 E Royal Fern Way

4 Beds

4 Baths

2,975 Sq.Ft.

$2,575,000

MLS#: 986023

Welcome to your ideal beach escape--with a recent exterior refresh! Perfectly positioned just steps from the Camp WaterColor pool and outdoor recreation area, this beautifully crafted beach home offers the ultimate in convenience and coastal living.Enjoy spacious wraparound porches ideal for morning coffee or lazy summer afternoons with a good book. Inside, you'll find an inviting open-concept great room, a luxurious kitchen, three generously sized bedrooms, and a separate bunk room--perfect for family or guests. Quality details abound, from the stunning hardwood floors and 10-foot ceilings to the custom shelving and abundant natural light that fills every room. With a fresh exterior paint update underway, this home is truly move-in ready
#981216

Santa Rosa Beach

214 Spartina Circle

3 Beds

4 Baths

2,284 Sq.Ft.

$2,510,000

MLS#: 981216

Located in the sought-after community of WaterColor, this spacious three-bedroom, 3 full bath plus 2 half bath home with a bunk room boasts a bright and open floor plan with soaring 12-foot ceilings on the first floor, designed for comfortable coastal living. The main level features a primary suite, kitchen, living and dining areas, a butler's pantry, and a laundry room. The kitchen is equipped with a gas cooktop, double ovens, and a built-in refrigerator, while the butler's pantry offers a second refrigerator, wine fridge, microwave and ample storage. Upstairs, you'll find two guest bedrooms--each with a private bath--a bunk room with four built-in bunks, a half bath, and a large media room complete with built-in desk, shelving, and a sink. This additional living space is perfect for entertaining or hosting extra guests. Set on a large, oversized corner lot, the outdoor space includes a full-sized garage, a fireplace for added privacy, and the potential for a poolall surrounded by charming pavers and multiple covered porches perfect for relaxing or entertaining. As part of the amenity-rich WaterColor community, homeowners and guests enjoy exclusive access to the private WaterColor Beach Club, Camp WaterColor, tennis and pickleball courts, multiple community pools, and miles of scenic bike and walking trails. With generous porch space for enjoying the outdoors, this home offers the ideal setup for laid-back coastal living on 30A
#983108

Santa Rosa Beach

120 Sunflower Street

3 Beds

3 Baths

2,624 Sq.Ft.

$2,499,000

MLS#: 983108

Tucked away in the coveted Pine Ridge District of WaterColor Phase II, this beautifully furnished 4-bedroom, 4.5-bath home is designed for effortless coastal living. Offering 2,354 square feet of thoughtfully curated interiors, plus an additional 500 square feet of inviting porches, this residence comfortably accommodates up to 12 guests, making it the perfect retreat for family gatherings or relaxing getaways.Designed with both comfort and functionality in mind, this home is just a short stroll from Camp WaterColor and Wood Fern Park, ensuring easy access to resort-style pools, lush green spaces, and endless outdoor activities. The main level welcomes you with an open and airy floor plan, featuring a spacious living and dining area that flows seamlessly into the upscale chef's kitchen. Here, you'll find granite countertops, an oversized center island, a natural gas range, and a dedicated office nookideal for remote work or planning your next adventure. The primary suite on this level is a tranquil retreat, complete with an ensuite bath featuring a soaking tub, a separate walk-in shower, and dual vanities. Upstairs, three additional guest suites, each with private ensuite baths, provide a perfect blend of privacy and comfort for family and friends. Embracing WaterColor's signature outdoor lifestyle, this home boasts a large front porch overlooking Crossvine Park, an extended back porch, and a patio off the kitchena perfect setting for al fresco dining and entertaining. A covered carport adds convenience, while recent updates, including fresh paint, a gas grill, and furnishings enhance the home's appeal. Centrally located in the Pine Ridge District, this residence places you moments from renowned dining, boutique shopping, scenic bike trails, and some of the Gulf Coast's most prestigious golf courses. Whether you're savoring a sunset on the porch, exploring WaterColor's picturesque paths, or indulging in the community's world-class amenities, this home offers the ultimate blend of relaxation and adventure in one of 30A's most desirable communities.
#972398

Santa Rosa Beach

18 Crossvine Circle

4 Beds

4 Baths

2,354 Sq.Ft.

$2,490,000

MLS#: 972398

Situated on a tranquil street in the sought-after WaterColor community, this classic coastal cottage invites you to embrace the beauty and serenity of its natural surroundings. From the moment you arrive, you'll be captivated by the lush landscape and the peaceful ambiance of this location. Step inside to discover a thoughtfully designed home with two-story vaulted ceilings and an open-concept layout that seamlessly blends comfort and style. The main level boasts two generously sized bedrooms, including one with an en-suite bathroom, a cozy bunk room perfect for kids or guests, and access to a spacious rear porch ideal for relaxing or entertaining. Upstairs, the primary suite offers a private retreat overlooking a serene wooded preserve. Continue... This luxurious space features a large walk-in closet, a spa-like bathroom with double vanities, a soaking tub, and a separate shower, as well as a conditioned storage area. Completing the upper level is a fourth bedroom, providing ample space for family and guests. With a total of two bedrooms upstairs and two bedrooms plus a bunk room on the main level, this home offers the perfect layout for gatherings or quiet retreats. The inviting front porch, with its view of one of WaterColor's many preserve areas, is the perfect spot to unwind and enjoy the community's natural beauty. Located just a short stroll from Camp WaterColor, this home provides easy access to all the amenities and activities that make WaterColor a premier destination. Whether you're enjoying the community pools, parks, or nearby beaches, you'll love coming home to the privacy and charm this cottage offers. Don't miss this opportunity to own a piece of paradise in the heart of WaterColor! Gross Rentals: 2022 $114,215, 2023 $92,691, 2024 $74,393
#967025

Santa Rosa Beach

69 Running Oak Circle

4 Beds

3 Baths

2,484 Sq.Ft.

$2,484,000

MLS#: 967025

Located in the Camp District of WaterColor Phase II. This 3 Bedroom, hall bunks, teen suite loft and 3 Bathroom home is ready for your enjoyment, a rental property investment or both! Offered beautifully furnished and move in ready, the front porch welcomes you with gas lanterns, swinging bed and sitting area. Stunning reclaimed antique pine floors give way to an open floor plan, vaulted ceilings and wood planked walls. The home, built by Chris Clark, with custom cabinets, two fireplaces, large kitchen island & pantry leave room for everything and space for everyone. The back screened in porch leads to you the grilling area, outdoor shower and parking for 2. Steps to Camp WaterColor and close to Publix. The WaterColor Amenity Expansion Project special assessment has been paid in full
#979495

Santa Rosa Beach

1371 Western Lake Drive

3 Beds

3 Baths

2,088 Sq.Ft.

$2,349,000

MLS#: 979495

Nestled on the corner of E. Royal Fern and Sunflower in the heart of WaterColor, this beautifully maintained 3-bedroom, 3.5-bath residence with a one-car garage and inviting outdoor living spaces is offered mostly furnished. Proudly owned by a single family since its completion, this home has been meticulously cared for and thoughtfully updated throughout. The chef's kitchen is a true centerpiece, featuring brand-new custom cabinetry, top-of-the-line Thermador appliances, quartz countertops, newly added open shelving, and a generous walk-in pantry. The open-concept layout flows seamlessly into the main living and dining areas, creating an ideal setting for both everyday living and effortless entertaining. Upstairs is the primary suite with a private porch nestled among the treetops... ... the perfect place to unwind. The second level also includes two spacious guest bedrooms with ensuite full bathrooms and a second living area space comfortably accommodating family and friends. Recent updates and upgrades include distressed oak flooring, quartz countertops throughout, all full baths beautifully updated, a stylish bar area with dual wine refrigerators, an expansive wraparound screened porch, an outdoor summer kitchen, and a stacked brick gas firepit  perfect for enjoying WaterColor's peaceful evenings and finally 2 new AC systems.. Set within 499 acres of scenic beauty, WaterColor captures the essence of coastal living with its charming architecture, lush landscapes, and unparalleled amenities. This celebrated community, tucked between the Gulf of Mexico and Western Lake  a rare 220-acre coastal dune lake  offers something for everyone. Residents enjoy access to the homeowner-owned Gulf-front Beach Club, the largest on 30A, boasting three resort-style pools, a full-service restaurant, and easy beach-to-pool access. Camp WaterColor offers a lazy river, water slides, additional pools, park areas, and dining options. The community also features miles of walking and biking trails, a boathouse for kayaking and paddleboarding, a world-class tennis facility, and close proximity to Seaside's charming shops and restaurants. Recognized for excellence, WaterColor Resort has earned Forbes' Four-Star designation every year since 2013 and has been named the #1 resort in Northwest Florida by Cond?? Nast Traveler readers. This home embodies the perfect blend of modern comfort, timeless style, and the relaxed luxury that defines the WaterColor lifestyle.
#989248

Santa Rosa Beach

150 E Royal Fern Way

3 Beds

3 Baths

2,293 Sq.Ft.

$2,199,000

MLS#: 989248

Amazing opportunity to own this lovely 4 bedroom, 5 bath beach home located in popular Watercolor! Pristine, immaculately well cared for and never rented, this wonderful beach home is being sold furnished and turn key with just a few exclusions. Features include Hardwood Floors throughout, multiple En Suite Baths, Wrap Around Porches, Transom Windows, an updated kitchen with a new Gas Range and Hood, new HVACS, a new Tankless Gas Water Heater and so much more. Peaceful serenity abounds in this Park Front home that is tucked away in a quiet section of the community & surrounded by a beautiful preservation area. Amenities include multiple Community Pools & Parks as well as access to Western Lake and the new Watercolor Beach Club! Approximately $100K in potential gross income!
#974762

Santa Rosa Beach

23 Winterberry Circle

4 Beds

5 Baths

2,224 Sq.Ft.

$2,149,000

MLS#: 974762

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.
#976680

Santa Rosa Beach

36 String Lily Cove

None Beds

None Baths

0.12 acres

$1,350,000

MLS#: 976680

New on site 4 days ago
A truly rare opportunity has come available in WaterColor -- the last remaining corner lot in the entire community, located in the highly desirable, non-rental Phase V. Lot 27 on Climbing Rose Way offers the kind of privacy, positioning, and long-term value that simply can't be duplicated. This property conveys with fully approved architectural plans for a custom luxury residence. If you're not ready to build right away, you also have the option to purchase just the lot itself, along with the approved plans, giving you full flexibility to move forward on your own timeline. The estimated building cost for the approved design is approximately $2.3M, with a projected finished value coming in well under $4M. That positions the future owner to walk into the home with over $500,000 in potential equity, depending on finishes and market conditions. Opportunities with this level of built-in value are extremely difficult to find in WaterColor, especially when the design work, approvals, and planning have already been completed and streamlined for you. Phase V is known for being the most private and residential section of WaterColor, offering a quieter, more elevated living experience while still granting full access to the community's exceptional amenities. Owners enjoy the WaterColor Beach Club with resort-style pools, private beach access, a state-of-the-art fitness center, and dining options. Miles of scenic trails connect the entire community, perfect for biking and walking. The WaterColor Boathouse offers paddleboarding and kayaking on Western Lake, one of the area's rare coastal dune lakes. Additional amenities include tennis courts, multiple community pools, parks, and convenient access to boutique shopping and dining along Scenic Highway 30A. Whether you're planning a full-time residence or a seasonal retreat, this property provides a premium canvas to create a truly special home in one of the most sought-after coastal communities in Florida. The combination of a corner lot, approved plans, privacy, and substantial projected equity makes this one of the strongest opportunities currently available in WaterColor. For more information or to review the complete set of approved plans, contact Jake LeBlanc at (850) 280-4894.
#990913

Santa Rosa Beach

189 Climbing Rose Way Way

None Beds

None Baths

0.14 acres

$1,349,000

MLS#: 990913

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 pool. Your front porch is a perfect place to lounge. Also, Lot 32 String Lily Cove is located in flood zone X (not a flood zone). Choose your custom design or use the plans the current owners have shared.
#979300

Santa Rosa Beach

Lot 32 String Lily Cove

None Beds

None Baths

0.13 acres

$1,325,000

MLS#: 979300

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 home on the left further enhances the setting. This shovel-ready lot comes with fully approved and entitled architectural plans designed by Chris Stoyles of Archiscapes, along with all necessary Walton County permits, allowing you to break ground immediately. The current plans feature a stunning 5-bedroom, 7-bathroom home spanning 5,270 sqft of heated/cooled space, plus over 1,300 sqft of covered balconies and porches. The design includes a private pool, a summer kitchen, and an outdoor living area complete with a fire pitensuring the ultimate indoor-outdoor coastal lifestyle. Phase V is Watercolor's final and only short-term rental-restricted phase, ensuring a peaceful residential atmosphere. Residents also have access to an exclusive community pool available only to the owners of the 41 homesites within the phase. As a Watercolor homeowner, you'll enjoy exclusive access to world-class amenities, including the Watercolor Beach Club, featuring three Gulf-front pools, cabanas, a tiki bar, and dining options. Camp Watercolor offers a family-friendly water park with slides, a lazy river, and a casual dining area. Outdoor enthusiasts will appreciate direct access to Western Lake for kayaking and paddle boarding. The community's extensive trail system, lush parks, and beautifully landscaped common areas provide endless opportunities for recreation and relaxation. This is a rare opportunity to secure one of the most desirable homesites in 30A's largest master-planned community. Don't miss your chance to own a piece of paradise in Watercolor. For more details or to schedule a site visit, contact us today.
#981605

Santa Rosa Beach

72 String Lily Cove

None Beds

None Baths

0.13 acres

$1,299,000

MLS#: 981605

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.
#954589

Santa Rosa Beach

40 String Lily Cove Cove

None Beds

None Baths

0.14 acres

$1,299,000

MLS#: 954589

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