Watercolor, Santa Rosa Beach, FL Real Estate Search

Watercolor, Santa Rosa Beach, FL 5 Bedroom Homes for Sale

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Newest Watercolor, Santa Rosa Beach, FL 5 Bedroom Homes for Sale

$2,500,000
5 Beds 5 Baths 1008482 MLS 2,749 SqFt.
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

$4,489,000
5 Beds 6 Baths 1006733 MLS 4,263 SqFt.
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

$4,850,000
5 Beds 7 Baths 791268 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. 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 trails--this Park Row address is more than a beach house. It's a front-row seat to the very best of coastal life.

93 Park Row Lane, Santa Rosa Beach

$4,599,000
5 Beds 6 Baths 787994 MLS
Exceptional Gulf-View Residence in Prime WaterColor Location Ideally situated just two blocks from the beach on a quiet street, this 5-bedroom, 5.5-bath WaterColor home offers rare elevated Gulf views, strong rental performance, and extensive recent upgrades. Positioned among the highest vantage points in the community, the property captures sweeping views of the Gulf, Seaside, and surrounding coastal landscape, highlighted by a rooftop deck designed for sunrise and sunset enjoyment. The home features multiple indoor and outdoor living spaces, including expansive porches, a private rear deck with gas fire pit and grill, and a rooftop terrace with panoramic sightlines. The kitchen is well-appointed with Sub-Zero refrigeration, Wolf appliances, an oversized island with seating, and custom cabinetry by Smallbone of England. Interiors were professionally designed by Beau Interiors and are offered furnished (with exclusions). Recent improvements include new electrical throughout, new decking, recessed lighting, one new HVAC unit, new window treatments, new hot water heater, paved driveway, and updated marble surfaces in the kitchen. The backyard faces toward Seaside and the Gulf, and a contractor has verified space for a potential pool installation. Located within close proximity to the Truman House and in one of WaterColor's most desirable rental areas, the property has generated approximately $175-200K annually in gross rental revenue over the past two years. Buyer to verify all information and dimensions.

146 Silver Laurel Way, Santa Rosa Beach

$4,000,000
5 Beds 5 Baths 997650 MLS 3,316 SqFt.
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.

90 Silver Laurel Way, Santa Rosa Beach

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