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

38

# of Listings

4

Avg # of Bedrooms

$1,208

Avg. $ / Sq.Ft.

$3,431,039

Med. List Price

Browse WATERCOLOR Real Estate Listings

All listings

$250,000 - $500,000

38 Properties Found. Page 3 of 3.

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.

Santa Rosa Beach

40 String Lily Cove Cove

None Beds

None Baths

0.14 acres

$1,299,000

MLS#: 954589

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 pit ensuring 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.

Santa Rosa Beach

72 String Lily Cove

None Beds

None Baths

0.13 acres

$1,275,000

MLS#: 1002226

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.

Santa Rosa Beach

Lot 32 String Lily Cove

None Beds

None Baths

0.13 acres

$1,170,000

MLS#: 979300

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.

Santa Rosa Beach

215 Wisteria Way

None Beds

None Baths

0.07 acres

$859,000

MLS#: 1002856

The Private Residence Club is a great alternative to full time ownership near the beach in a professionally managed setting. PRC is a FRACTIONAL OWNERSHIP consisting of 11 (8 shares per unit), 2 bedroom/2 bath residences. Each owner owns a 1/8th interest in a unit and is guaranteed to receive 5 weeks per year with additional stay opportunities if available. Owners receive one week per season and a fifth bonus flexible week. Located in WaterColor, south of Hwy 30A, this building is directly across from the WaterColor Beach Club and the Fish Out of Water Restaurant. Secondary bedroom has 2 king sized beds. Units are non-rental, so only owners, friends and guests may stay. Close to all the WaterColor shops, restaurants, parks, bike paths and a short stroll to the beach. This is an attractive way to own in Watercolor and have access to all of the fabulous amenities, including the Beach Club with 3 pools, tennis, Camp Watercolor and more.
Enjoy this easy way to own! All costs are included in your quarterly fee - taxes, insurance, maintenance and HOA fees. Just lock and leave!

Santa Rosa Beach

29 Goldenrod Circle 301-8

2 Beds

2 Baths

1,397 Sq.Ft.

$179,500

MLS#: 992149

The Private Residence Club at WaterColor offers ownership in one of 11 two-bedroom, two-bath residences, with eight shares per unit. Located directly across from the WaterColor Beach Club, Fish Out of Water, and the WaterColor Inn, these residences offer value and an exceptional lifestyle. Each 1/8 share includes five weeks of annual use: one week per season, one floating week, and bonus stays when available. You and your guest will enjoy a private, owner-only experience in these non-rental residences, along with private access to the Gulf and the white sandy beaches. Owners enjoy walkable access to the beach, nearby shops, the Seaside community, restaurants, natural parks, bike trails, pools, and tennis or pickleball courts in WaterColor. WaterColor offers the best in beach living!

Santa Rosa Beach

29 Goldenrod Circle 201-4

2 Beds

2 Baths

1,397 Sq.Ft.

$150,000

MLS#: 993880

The Private Residence Club presents a refined opportunity to enjoy ownership in WaterColor without the demands of full-time possession. Designed for discerning buyers, this professionally managed, non-rental enclave offers an effortless coastal lifestyle in one of 30A's most prestigious locations.
Ownership is fractional and limited, with just 11 private two-bedroom, two-bath residences, each divided into eight equal interests. Each owner enjoys five guaranteed weeks of private use annually—one curated week per season plus a flexible bonus week—with the potential for additional stays as availability allows.
Perfectly positioned south of Highway 30A, the building sits directly across from the WaterColor Beach Club and the iconic Fish Out of Water restaurant. Interiors are thoughtfully designed for comfort and flexibility, including a guest bedroom featuring two king bedsideal for hosting family or friends. Residences are reserved exclusively for owners and their guests, preserving privacy and a true sense of ownership.
Steps from the beach and moments from WaterColor's boutiques, dining, parks, and scenic bike paths, owners enjoy full access to the community's celebrated amenities, including the Beach Club with three resort-style pools, tennis courts, Camp WaterColor, and more.
Ownership is truly turnkey. Quarterly dues encompass all operating expenses, including taxes, insurance, maintenance, and association feesallowing owners to simply arrive, relax, and depart with ease. This is luxury ownership made uncomplicated.
All information is deemed to be accurate buyer to verify all information.

Santa Rosa Beach

29 Goldenrod Circle 401-3

2 Beds

2 Baths

1,397 Sq.Ft.

$149,000

MLS#: 995032

Poised within the highly sought-after WaterColor community along Scenic Highway 30A, this impeccably appointed two-bedroom, two-bath fractional ownership residence offers a rare opportunity to experience one of the Florida Gulf Coast's most celebrated private coastal enclaves. Designed with understated elegance and coastal refinement, the residence captures serene views of a lush canopy of longleaf pines through expansive floor-to-ceiling windows that bathe the interiors in natural light. The living spaces are defined by a calm, sophisticated aesthetic--neutral linen furnishings, warm hardwood flooring, and refined millwork come together to create an atmosphere of effortless coastal luxury. Every detail has been thoughtfully curated to balance comfort with timeless design.

The chef's kitchen is appointed to a high residential standard, featuring rich wood cabinetry, a striking dark stone island with integrated open shelving, premium stainless steel appliances, and a glass-tile backsplash that subtly reflects the natural light. An adjacent dining area with woven seating flows seamlessly from the kitchen, offering an inviting setting for intimate gatherings.

The primary suite and guest accommodations continue the same elevated design language, featuring hotel-inspired bedding, soft upholstered headboards, and spa-like baths with stone countertops, polished chrome fixtures, and classic tile surrounds. Natural textures and bespoke finishes throughout reinforce the home's serene, coastal character.

Santa Rosa Beach

29 Goldenrod Circle 101-8

2 Beds

2 Baths

1,397 Sq.Ft.

$145,000

MLS#: 1003182

1 2 3

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