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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
38
# of Listings
4
Avg # of Bedrooms
$1,208
Avg. $ / Sq.Ft.
$3,431,039
Med. List Price

Browse WATERCOLOR Real Estate Listings

14 Properties Found. Page 1 of 1.

51 Mystic Cobalt Street is a three-story residence ideally positioned within the Park District of WaterColor Resort, just steps from the Beach Club, Boathouse, Town Center, and the Gulf. While centrally located to the community's most desirable amenities, the home enjoys a sense of privacy enhanced by generous outdoor living spaces and thoughtful design. Designed with a reverse floor plan to maximize light and views, the interiors are defined by antique wood flooring, soaring 12-foot ceilings, and exposed beams that add warmth and architectural character. The first level features three well-appointed guest bedrooms, each with its own ensuite bath, along with a bunk room that offers flexible accommodations for family and visitors. A spacious, light-filled living area on this level includes an alcove ideal for dining, games, or a secondary lounge space, with access to wraparound porches that make indoor-outdoor living seamless.
The second level serves as the heart of the home, where an open-concept kitchen, living, and dining area creates an inviting space for gathering. The gourmet kitchen features a generous island with breakfast bar seating, ample cabinetry, and easy flow into the dining area, accommodating both everyday living and entertaining. Just beyond, wraparound deck space extends the living area outdoors. The primary suite is also located on this level, offering balcony access and a marble-clad bathroom designed as a private retreat. An additional full bath on this floor functions conveniently as a powder bath or guest bath.
On the third level, an indoor-outdoor living space opens to partial views of WaterColor's Town Center and glimpses of the Gulf, creating an elevated setting for sunset conversations or quiet mornings. Multiple levels of outdoor deck space throughout the home provide ample room to relax, dine, and enjoy the coastal breeze.
The detached carriage house offers additional privacy and flexibility, complete with a basic kitchenette, sitting area, flat-screen TV, and full bathroom, ideal for guests or extended stays. Additional highlights include a screened-in porch with outdoor dining and grill, a two-car garage, and an in-home Peloton stationary bike for an immersive, high-energy workout experience.
Offering proximity to WaterColor's renowned pools, trails, dining, and beach access, 51 Mystic Cobalt Street blends architectural character, versatile living spaces, and an exceptional location within one of 30A's most sought-after communities.
#998160

Santa Rosa Beach

51 Mystic Cobalt Street

5 Beds

6 Baths

3,918 Sq.Ft.

$4,865,000

MLS#: 998160

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: now priced $800,000 below its original offering.

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.
#1005346

Santa Rosa Beach

93 Park Row Lane

6 Beds

5 Baths

3,551 Sq.Ft.

$4,850,000

MLS#: 1005346

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.
#1004623

Santa Rosa Beach

21 Blackwater Street

6 Beds

5 Baths

4,563 Sq.Ft.

$4,695,000

MLS#: 1004623

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.
#1002970

Santa Rosa Beach

109 Dandelion Drive

5 Beds

4 Baths

3,784 Sq.Ft.

$4,695,000

MLS#: 1002970

Lot 12 Climbing Rose Way is a premier rectangular homesite nestled between two completed homes and backing up to a beautiful cypress green space, offering both privacy and a peaceful setting.
This ready-to-build property offers two great options for the future owner. Construction on the home is scheduled to begin this summer, and the property is available as a fully turnkey, move-in ready beach retreat for $4,400,000. Alternatively, buyers can purchase the lot along with the fully approved architectural plans and permit submissions already in place with Walton County for $1,290,000, allowing you to build on your own timeline.
The plans showcase a beautifully designed 5-bedroom, 6-bathroom home with 4,353 square feet of heated and cooled living space, plus more than 887 square feet of covered porches and balconies. Designed for both everyday living and entertaining, the home features a downstairs guest suite, a dramatic floating staircase, private pool, summer kitchen, bar with kegerator and ice maker, spacious ensuite bedrooms, a butler's pantry, loft with separate office and full bath, and a large walk-in attic storage room.
Phase V is WaterColor's final phase and the only one with short-term rental restrictions, creating a quieter and more residential atmosphere. Owners also enjoy access to a private community pool reserved exclusively for the 41 homesites within the phase.
As a WaterColor homeowner, you'll have access to some of the area's best amenities, including the WaterColor Beach Club, Camp WaterColor, three Gulf-front pools, cabanas, a tiki bar, and multiple dining options.
Don't miss the chance to create a legacy beach home your family can enjoy for generations to come.  Floorplan can be shared with qualified buyers.
HOA fees are $1250/quarter.
#1002744

Santa Rosa Beach

Lot 12 Climbing Rose Way

5 Beds

5 Baths

4,353 Sq.Ft.

$4,400,000

MLS#: 1002744

Situated within WaterColor's only non Short term rental and newest--and quickly become most coveted--setting, this gracefully designed residence captures the very essence of refined coastal living.There is a quiet confidence to this WaterColor home, the kind that comes from vision carried through without compromise. Never before offered, it arrives fully realized -- an extraordinary collaboration between architect Greg Jazayeri, builder Borges Brooks, and the discerning eye of Kaitlyn Tiller of Kalon Home. The result is a residence that feels at once elevated and deeply livable, where every detail has been considered and nothing left to chance.

Inside, volume and light set the tone. Soaring cathedral ceilings with exposed beams rise more than 20 feet above...  ... the main living spaces, creating.. airy sense of scale, while ... hardwoods ground the home in comfort. The open living, dining, and kitchen areas unfold with ease, designed as much for quiet mornings as they are for lively evenings. A Sub-Zero refrigerator and Wolf range anchor the kitchen, complemented by custom Smithart cabinetry and a discreet butler's pantry that brings both function and refinement to entertaining.

The living room flows seamlessly to a screened porch where a second fireplace and outdoor grill extend the experience outdoors, offering a natural gathering place in every season. Nearby, a custom bar invites conversation, while curated furnishings, designer fabrics, and custom drapery throughout the home lend a sense of cohesion and polish that is immediately felt but never overstated.

Each bedroom is appointed as a private suite, offering both comfort and privacy, with oversized closets thoughtfully designed for flexibility -- even a crib when needed. Upstairs, the home takes on a more relaxed rhythm, with two inviting porches and a generous family game room that creates space for connection, retreat, and play. A bunk room with a king bed below adds both charm and versatility for guests of all ages.

Moments of artistry are woven throughout. A Pierre Frey wall covering elevates the powder bath into something memorable, while Schumacher fabrics, Serena and Lily accents, and custom stairwell art contribute to a layered and collected aesthetic. Even the unseen details speak to the home's level of care, including a whole-house water purification system with demineralization at the kitchen faucetl an uncommon feature that reflects a commitment to wellness as much as design.

Set within one of the area's most sought-after settings, the home offers access to an exceptional collection of amenities, including multiple resort-style pools, miles of walking and biking trails, tennis and pickleball courts, a new fitness center underway, and a vibrant mix of shops, dining, and outdoor recreation.

This is a home that doesn't rely on a single moment to impress. Instead, it reveals itself gradually, through craftsmanship, materiality, and an unmistakable sense of intention--an enduring expression of coastal living at its most refined.
#999270

Santa Rosa Beach

58 String Lily Cove

4 Beds

4 Baths

3,516 Sq.Ft.

$4,225,000

MLS#: 999270

Buffered by mature greenery on a private corner lot in WaterColor Phase I, 90 Silver Laurel Way captures the essence of classic Florida cottage architecture paired with the comfort and refinement of a thoughtfully updated coastal retreat. Just two blocks from the sugar-white sand and a short walk or golf cart ride to the WaterColor Beach Club, Boathouse, and scenic trails, the location places the very best of the community within easy reach. Designed for effortless indoor-outdoor living, the residence features four spacious porches, including screened and open-air spaces ideal for relaxing or entertaining. A paved backyard terrace offers additional gathering space with room for a future pool pending approval, all framed by a lush, private setting.
Spanning approximately 3,316 square feet across three levels, the home offers five bedrooms and five bathrooms, including two primary suites--one on the main level and another on the third floor with Gulf views. Rich hardwood flooring, vaulted ceilings with exposed beams, recessed lighting, and a soft coastal palette define the interiors.

The open-concept living area flows seamlessly into the dining space and kitchen, appointed with quartz countertops, premium stainless steel appliances, and a Sub-Zero refrigerator. A gas fireplace with custom built-ins anchors the living room, while an adjoining bar area and breakfast nook enhance the home's inviting atmosphere.

Additional highlights include updated bathrooms, surround sound, multiple owner storage closets, covered parking, and an extended paved driveway. Residents of WaterColor enjoy access to resort-style pools, tennis courts, fitness amenities, Camp WaterColor, dining venues, and scenic walking trails, with Seaside just moments away.

Offering privacy, thoughtful design, and a prime location near the Gulf, 90 Silver Laurel Way presents a timeless coastal retreat within one of 30A's most sought-after communities.
#997650

Santa Rosa Beach

90 Silver Laurel Way

5 Beds

5 Baths

3,316 Sq.Ft.

$4,000,000

MLS#: 997650

Enjoy a tranquil, relaxing atmosphere just steps from the sparkling white-sand beach -- your perfect seaside retreat awaits. Experience coastal living at its finest! Bathed in natural light, this stunning Beachside residence offers breathtaking panoramic views of the Gulf. With south and southwest views, you'll witness spectacular sunsets that are nothing short of breathtaking. This exquisite bungalow is located in the exclusive WaterColor Beachside community, offering privacy, convenience, and outstanding amenities. Residents enjoy both seclusion and easy access to the Beach Club and WaterColor Inn.

This tastefully renovated three-bedroom, three-and-a-half-bath residence features two extra-long twin built-in bunk beds, offering ample space and comfort for family and guests. Recent renovations include new hurricane-rated windows and doors for enhanced safety and peace of mind, a remodeled kitchen with new appliances, remodeled bathrooms, HVAC system, refinished floors, and more. The owner enjoys three parking spaces: one in a secure enclosed garage, one under a trellis, and another in front of the garage. The WaterColor Beachside pool, just steps from the residence, is reserved solely for Beachside residents.

Enjoy all the WaterColor amenities just a short stroll away, including resort pools, boutique shops, and dining options. Exercise enthusiasts will appreciate over five miles of walking and biking trails winding through the scenic 500-acre community. A proposed fitness center, expected in 2026, will offer even more benefits for owners and rental guests.

Gulf-front living offers a rare opportunity to purchase a home where the beauty outside your residence is a true marvel. Experience the incredible coastal lifestyle and make this exceptional property your own.
#993737

Santa Rosa Beach

1848 E County Highway 30A UNIT 20

3 Beds

3 Baths

2,180 Sq.Ft.

$4,000,000

MLS#: 993737

Located in the heart of WaterColor, this like-new coastal retreat at 17 Bluestem Lane offers the perfect blend of luxury, privacy, and the coveted WaterColor lifestyle. Thoughtfully designed with timeless finishes and impeccable craftsmanship, the home feels fresh, modern, and move-in ready.

Step outside to your own private backyard oasis featuring a sparkling pool, ideal for relaxing after a day at the beach or entertaining family and friends under the Florida sun. Spacious indoor and outdoor living areas create a seamless flow for coastal living at its finest.

Owners enjoy access to WaterColor's world-class amenities including multiple resort-style pools, private beach access, scenic walking and biking trails, tennis courts, parks, fitness facilities, and the vibrant Town Center with shopping and dining just moments away. Some of the special features include: Satina Brazilian Hardwood Decking, 12 foot ceilings with beautiful architectural beams, wolf/subzero appliances, 2 fireplaces, custom drapery, oversized laundry, pantry and professionally designed furnishings. Whether you're searching for a full-time residence, second home, or investment property, this exceptional home offers an unmatched opportunity to enjoy one of 30A's most sought-after communities.
#1002488

Santa Rosa Beach

17 Bluestem Lane

5 Beds

5 Baths

3,224 Sq.Ft.

$4,000,000

MLS#: 1002488

Nestled in the Forest District of WaterColor's Phase II, 114 Pine Needle is a stunning 6-bedroom, 6.5-bathroom cottage blending classic Florida charm with modern comfort. Bright white walls, cheerful furnishings, and coastal blue accents create a warm, inviting atmosphere. Five bedrooms feature en suite baths, with ample space for any group. The 2nd floor entertains with a huge open living area, kitchen, and dining that spills onto a 34' wide deck overlooking the private preserve. The 3rd & 4th floors offer a kids/sitting room and tower with mini kitchen—perfect for sunset views. Three sitting areas and five spacious porches ensure relaxation and connection for large families. Conveniently near Camp WaterColor and a short bike ride to the Gulf Front Beach Club with 3 pools along the Gulf Golf Cart included
#985810

Santa Rosa Beach

114 Pine Needle Way

6 Beds

6 Baths

4,552 Sq.Ft.

$3,995,000

MLS#: 985810

This stunning custom home in WaterColor is a masterful blend of timeless design, superior craftsmanship, and modern luxury. Thoughtfully curated by acclaimed designer Erika Powell of Urban Grace Interiors, with functional architecture by Archiscapes and expert construction by Baywoods Development, this home stands as one of WaterColor's finest. Rich in character, the home features hand-sewn wood flooring reclaimed from an 1800s train station, flowing seamlessly throughout both the main residence and the guest house. Painted tongue-and-groove paneling wraps nearly every room, enhancing the home's warm and inviting coastal aesthetic. Designed for Entertaining & Everyday Living, This property provides enhanced privacy with a beautiful unbuildable parcel on the southwest side. The first floor was crafted with gathering in mind, boasting an open-concept layout that flows effortlessly into a chef's dream kitchen. Equipped with a Sub-Zero refrigerator and freezer, Wolf range, Scullery, and high-end custom wood cabinetry topped with white marble, this space is as functional as it is beautiful. Dual farmhouse sinks serve as a prominent centerpiece. French doors lead to an expansive wraparound porch, screened porch, and outdoor grilling area, creating the perfect setting for indoor-outdoor living. Additional first-floor features include a spacious living area with a brick fireplace, formal dining room, guest bath, office, and laundry area. 
Upstairs, whimsical built-in bunk beds, charming barn doors, and a thoughtfully designed laundry room add character and functionality. The primary suite is a true retreat, featuring a luxurious ensuite bath, expansive porches, and a tranquil sleeping porch. Two additional guest bedrooms with ensuite baths, a cozy den with a wet bar, and a light-filled reading room complete this level.
Unparalleled Views & Bonus Spaces continue up to the third-floor game room, then make your way to the fourth-floor tower room and widow's walk, where you'll enjoy breathtaking 360-degree views of WaterColor.

The detached charming guest house, situated above the two-car garage, offers a full kitchen, living room, private bedroom, and bathroom, making it a perfect private retreat for guests. The large private lot has space for a pool, adding even more potential to this already remarkable property.
This home has been meticulously cared for and is offered furnished, with some exclusions.  A rare opportunity to own a truly exceptional WaterColor residenceschedule your private showing today!
#970538

Santa Rosa Beach

432 Pine Needle Way

5 Beds

5 Baths

4,256 Sq.Ft.

$3,950,000

MLS#: 970538

Ample entertaining space and coastal casual elegance combine in this property, which features numerous bedrooms, a pool, and a yard that are the envy of the the community.  Recently renovated and redecorated, new life was breathed into a WaterColor classic in 2021, with features like Thermador appliances, designer fixtures, cararra marble, and reclaimed wood floors.  

A site survey and improvement study reveal space for further additions.  While, rental bookings for this home have been steady over the course of its current ownership.  

This home presents an excellent opportunity for an investor looking to capture equity through expansion, or for someone who sees the value in its prime location and rental history. With abundant living and entertaining space, 43 Sandy Creek Circle is a crowd pleaser, designed for tranquility and full of energy.
#1002574

Santa Rosa Beach

43 Sandy Creek Circle

6 Beds

5 Baths

3,561 Sq.Ft.

$3,895,000

MLS#: 1002574

Located in Phase 1 Watercolor, 4 Bedroom, 4 1/2 bath property with a gorgeous wrap around porch overlooking Crimson Park in Watercolor! This home has just been renovated and newly furnished and is gorgeous with a 6-seater golf cart that conveys! The home offers plantation shutters throughout and has lots of natural light making it warm and bright and has all of the beach feels. The dining area is adorned with shiplap walls and crown molding and is an inviting area to enjoy dinner with family and friends. The kitchen offers marble counter tops and a large breakfast bar, beautiful white cabinetry, stainless steel gas range and microwave oven, deep single basin sink and cabinet fronted dishwasher and refrigerator, beachy blue subway tile backsplash and a window cut out into the large living area that has a little office nook, a stately white brick fireplace, white shiplap walls and ceiling and double doors that open to the wrap around porch! The first floor also has the highly sought after master bedroom which offers a spacious seating area, white shiplap and beamed ceiling, walk in closet and an ensuite master bath also with shiplap walls and crown molding, gorgeous tile flooring with a soaking tub with a beautiful chandelier above, stand alone shower with tile accent, dual vanities and water closet. The master bedroom also has double doors opening to the wrap around porch. A laundry area and half bath complete the first floor. The second floor offers a lovely sitting area with shiplap walls and crown molding with a wet bar accented with tile backsplash and 3 additional guest bedrooms, each with their own ensuite. With the exception of one bedroom upstairs the home offers hardwood floors throughout. The home has an exterior storage area, carport, paver driveway, outdoor shower and a large wrap around porch appointed with new exterior furniture to include a porch swing and several sitting areas. This home is in the front of Watercolor and very close to the Watercolor Town Center and the Watercolor Beach Club. The WaterColor community includes residential homes and an award-winning beach side resort located on the beautiful Gulf of Mexico beaches and alongside serene Western Lake. The community is designed to have a small-town feel and is perfect for exploring on foot or by bike. Quaint streets and pathways connect homes to the community's parks, lush green spaces and shops.
#996751

Santa Rosa Beach

52 Sunset Ridge Lane

4 Beds

4 Baths

2,558 Sq.Ft.

$3,875,000

MLS#: 996751

Owner ready to sell with New Price!  Grace and functionality meet in this beautifully updated four-bedroom, four-and-a-half-bath residence by David Weekley Homes, ideally situated in WaterColor's Cypress Cove district. Backing onto a serene natural preserve, the home offers privacy and a peaceful backdrop for everyday living or extended stays along 30A.

A soaring 25-foot foyer sets the tone, leading past a private study/bedroom with French doors into a light-filled family room 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 -- perfect for entertaining or gathering with family.
#1004924

Santa Rosa Beach

144 Royal Fern Way

4 Beds

4 Baths

3,504 Sq.Ft.

$3,399,000

MLS#: 1004924

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