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One of the most popular communities provided by {{page_data.agentName}}

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
35
# of Listings
4
Avg # of Bedrooms
$1,191
Avg. $ / Sq.Ft.
$3,495,257
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

6 Properties Found. Page 1 of 1.

New on site 1 day ago
An extraordinary residence in the heart of WaterColor, 116 Wiregrass Way offers more than 5,500 square feet of thoughtfully designed living space with six bedrooms, six full bathrooms, one half bath, and a custom six-bed bunk room. A two-car garage, dedicated golf cart parking, additional guest parking, and a private elevator serving all levels add convenience and ease.Positioned across from a wooded preserve, the home pairs timeless architectural character with modern upgrades designed for comfort, wellness, and effortless entertaining. Upon entry, an arched white Chicago brick foyer, antique oak beams, and a grand staircase introduce the residence's warm coastal elegance. The expansive main living area is anchored by a white brick fireplace and features antique whitewashed wood ceilings, custom millwork, and abundant natural light. The chef's kitchen is designed for both daily living and entertaining, featuring dual islands, two dishwashers, Wolf and Sub-Zero appliances, a built-in Miele coffee system, and a newly refreshed island countertop. A new Wolf range and oven further enhance the kitchen's performance and functionality. Significant infrastructure improvements elevate the home well beyond typical expectations. Two HVAC systems have recently been replaced and are complemented by three whole-home Air Scrubbers that enhance indoor air quality. A whole-house water treatment system, paired with an additional point-of-use filtration system, provides purified water throughout the residence. Technology is seamlessly integrated with enterprise-grade Ubiquiti Wi-Fi delivering strong coverage throughout the home and outdoor spaces. A fully integrated Lutron lighting system allows every light to be controlled through custom scenes, wall keypads, or a mobile device. Sonos audio with six distinct zones provides immersive sound throughout the property. The home is also equipped with a Level 2 Ultium EV charger located on the parking pad. The first level includes a junior primary suite with a king bed and walk-in closet, a private office, a spacious pantry, and a powder bath. Three sets of handcrafted cypress French doors open to a screened outdoor living room centered around a fireplace. The space features a generous dining area and summer kitchen with a Wolf grill, beverage refrigerator, sink, and ice maker, creating seamless indoor-outdoor living. Beyond the porch, the private courtyard unfolds as a resort-style retreat with a swimming pool, spa, fountain feature, and multiple lounging areas designed for relaxation and entertaining. The primary suite serves as a private sanctuary with vaulted beamed ceilings, a sitting area, breakfast bar, and private balcony overlooking the pool. The spa-inspired bath features marble finishes, a soaking tub, and a spacious walk-in closet. The second level also includes three additional guest suites, each with a private balcony and full bath, along with a well-appointed laundry room with custom cabinetry. The third level provides additional flexibility with a guest suite, secondary living area, and a custom bunk room with six built-in bunks and a full bath, ideal for hosting family and guests. Residents enjoy access to WaterColor's renowned amenities including six resort-style pools, the recently renovated gulf-front beach club, tennis facilities, a fitness center, scenic trails, the BoatHouse for paddleboarding and kayaking, and Camp WaterColor's lazy river and recreation areas. Set within 499 acres along South Walton's celebrated coastline, 116 Wiregrass Way offers an exceptional opportunity to experience luxury coastal living along 30A.
#997474

Santa Rosa Beach

116 Wiregrass Way

6 Beds

6 Baths

5,529 Sq.Ft.

$7,515,000

MLS#: 997474

Situated in WaterColor's coveted Lake District, this exceptional six-bedroom, eight-bathroom residence defines coastal luxury at its finest. Professionally designed and offered fully furnished, the home delivers a seamless blend of sophistication, comfort, and proven rental appeal. Generating $388,479 in 2025 rental revenue with projections of $401,350 in 2026, this residence provides both a refined personal retreat and a strong investment opportunity. The open, airy floor plan was designed for both intimate gatherings and grand entertaining. Anchored by a gourmet kitchen with premium appliances, an oversized island, and custom cabinetry, the space flows effortlessly into the dining area and great room, where a fireplace, coffered ceilings, and designer finishes create a warm yet elevated atmosphere. Expansive glass doors dissolve the boundary between indoors and out, revealing a private outdoor sanctuary with a heated pool and hot tub, covered patio, and fully equipped summer kitchen, perfect for year-round entertaining. All six bedrooms feature ensuite baths, offering privacy and comfort for guests and family alike. The second-level primary suite boasts a spa-inspired bathroom, private balcony, and expansive walk-in closet. This floor also includes an additional guest suite, a relaxed lounge area, and separate guest quarters complete with kitchenette, bath, and laundry ideal for extended visits. Accessible via stairs or elevator, the third level features a charming bunk room, additional sitting areas, and extra sleeping accommodations, providing ample space for larger groups. Throughout the home, custom millwork, designer lighting, and curated finishes elevate every detail, reflecting meticulous craftsmanship and thoughtful design. Ideally located near the WaterColor Beach Club, Camp WaterColor, scenic nature trails, and the boutiques and dining along 30A, this residence offers an unparalleled lifestyle. Whether enjoyed as a full-time home, a luxurious coastal getaway, or a high-performing investment property, 26 Rain Lily Lane stands as a true masterpiece of design, comfort, and coastal living.
#995996

Santa Rosa Beach

26 Rain Lily Lane

6 Beds

6 Baths

5,302 Sq.Ft.

$6,295,000

MLS#: 995996

New on site today
Located in the heart of WaterColor and designed by architect Dawn Thurber, this corner-lot residence offers multiple porches with Gulf views from its four-story watchtower. Positioned across from the WaterColor Beach Club, the home spans more than 5,000 square feet and includes seven bedrooms, a private pool, and a carriage house. Recent updates feature an additional third-floor bathroom, refreshed flooring, and upgraded lighting. Additional details include a central vacuum system and floor-to-ceiling impact glass windows.The main living and dining areas are located on the second floor, providing privacy and abundant natural light. The living room features soaring ceilings and French doors that open to generous covered outdoor spaces, creating seamless indoor-outdoor flow. A formal dining area and additional sitting spaces offer flexibility, while the kitchen is equipped with premium appliances, ample cabinetry, and a bar seating area. Accommodations include suites on each floor and in the carriage house, along with a built-in bunk area. The private pool is positioned between the main house and carriage house, complemented by a wood-burning fireplace and outdoor kitchen. A spacious mudroom includes custom built-ins, two sets of washers and dryers, and a changing room for convenient pool and beach access. WaterColor offers a wide range of amenities, including a beach club, fitness center, town center, tennis and pickleball courts, walking and biking trails, and a boathouse with access to the lake for paddle boarding and kayaking. The community is also conveniently located just minutes from the dining and entertainment options along Scenic 30A. Inquire today to schedule a private showing and experience all that WaterColor has to offer.
#997564

Santa Rosa Beach

81 Western Lake Drive

7 Beds

6 Baths

5,130 Sq.Ft.

$5,950,000

MLS#: 997564

Welcome to one of the finest homes in Watercolor! Built by the Coastal Elements team and designed at Q Interior Surfaces, this home embodies beach living at its finest. Featuring a beautiful open floor plan with French Oak flooring, Venetian plaster and white oak beams it is the quintessential Watercolor beach home. As you walk into the home you are greeted by a world class Chef's kitchen boasting custom cabinetry, an oversized island, professional appliances, & a butler pantry. From the kitchen you will be delighted with the open living and dining area with a fireplace which looks out to the fantastic backyard! There you are drawn to the pool, outdoor kitchen, firepit and closed-in porch (with a fireplace and TV). As you make your way to the 2nd floor you will be greeted by 2 additional bedrooms, an office/study and the Master Suite. Continue to the 3rd floor and you find the most impressive fun you can have in a home! Featuring 4 custom built-in adult size bunks, ping pong table, TV/sitting area, full bathroom and an additional "recreational" area this is just the icing on the cake!
#991460

Santa Rosa Beach

160 Royal Fern Way Way

5 Beds

6 Baths

5,129 Sq.Ft.

$5,895,000

MLS#: 991460

Set on one of the final remaining homesites in WaterColor, this thoughtfully designed new construction offers a rare opportunity to own a legacy home in the heart of Phase 3. Built by Borges Brooks Builders and curated by Kalon Home, every detail has been considered to deliver timeless coastal architecture with elevated, modern livability.Spanning approximately 4,450 square feet, the residence features six bedrooms, six full baths, and one half bath, thoughtfully arranged across three levels. The main living level welcomes you with a bright, open floor plan where the kitchen, dining, and living spaces flow seamlessly, creating an ideal setting for both everyday living and entertaining. Custom cabinetry, carefully selected finishes, and refined architectural influences reflect Kalon Home's signature aesthetic, striking the perfect balance between warmth and sophistication. The home's layout offers exceptional flexibility, including multiple guest suites, a private owner's retreat, and additional living spaces designed for gathering and relaxation. Covered porches and balconies extend the living areas outdoors, inviting you to enjoy WaterColor's tree-lined streets and coastal breezes. Overlooking Long Leaf Park, this homesite enjoys close proximity to WaterColor's renowned amenities, including pools, tennis and pickleball courts, playgrounds, nature trails, and deeded beach access at the Watercolor Beach Club. The home also allows for short-term rentals, making it equally well-suited as a primary residence, second home, or investment property. With limited opportunities remaining to build new in WaterColor, 82 Inkberry Street stands apart as a rare offering where premier construction, elevated design, and an iconic coastal community come together. Estimated Completion: EOY 2026
#991633

Santa Rosa Beach

82 Inkberry Street

6 Beds

6 Baths

4,450 Sq.Ft.

$5,850,000

MLS#: 991633

Price reduced
$400k PRICE IMPROVEMENT AND THE ONLY HOME AVAILABLE SOUTH OF 30A IN WATERCOLOR: 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. Designed with both elegance and ease in mind, the home unfolds across three thoughtfully planned levels. The open-concept main living area on the second floor features soaring ceilings, a custom Tabby fireplace and an expansive porch perfectly positioned to catch the gulf breeze and glowing sunsets. A chef's kitchen with Sub-Zero and Wolf appliances, premium finishes and seating for eleven offers the perfect backdrop for entertaining family or unwinding after a day on the sand. Two luxurious primary suites, one on the second floor and a more expansive one on the third, each feature private porches, spa-inspired baths and direct gulf views. Four additional guest rooms provide ample space for large families or groups, with flexible sleeping arrangements, including bunks, twins and trundles. Additionally, the home includes a sand room for rinsing off after the beach and a two-car garage. Outdoor living is equally considered, with large porches, gulf-facing balconies and a peaceful setting that backs up to preserved green space. Whether you're enjoying a sunset cocktail, walking to the Wine Bar or starting your day with a paddle on Western Lake, the home invites you to experience WaterColor at its most effortless and elevated. With access to world-class amenities - from the gulf-front pools of the Beach Club to Camp WaterColor, the BoatHouse, tennis center and miles of nature trailsthis Park Row address is more than a beach house. It's a front-row seat to the very best of coastal life.
#974047

Santa Rosa Beach

93 Park Row Lane

6 Beds

5 Baths

3,551 Sq.Ft.

$5,250,000

MLS#: 974047

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