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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
44
# of Listings
4
Avg # of Bedrooms
$1,246
Avg. $ / Sq.Ft.
$3,643,875
Med. List Price

Browse WATERCOLOR Real Estate Listings

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Over $5M

44 Properties Found. Page 3 of 3.

IMPROVED PRICE + PRIME WATERCOLOR LOCATION! Now offered at an attractive new price, this exceptional cottage is perfectly positioned along Crimson Park in the highly sought-after Park District of Phase 1--one of the most desirable locations in WaterColor. Known for its charming, rose-colored homes and storybook setting, this unique streetscape creates a truly unforgettable coastal experience. Step inside to a beautifully curated retreat reminiscent of a Serena & Lily showcase, where relaxed coastal elegance meets refined design. With over 1,700 square feet, this two-bedroom plus bunk room, two-and-a-half bath home is thoughtfully designed for both entertaining and everyday comfort. Soaring cathedral and beamed ceilings, oversized windows, and multiple French doors fill the home with natural light while showcasing picturesque views of Crimson Park and the Rose Garden Mews. The first-floor owner's suite offers a spa-like bath with dual vanities and opens to a private screened porch--perfect for morning coffee or unwinding in the evening. A charming bunk room adds flexibility, while the spacious upstairs loft with two queen beds lives like an additional suite, ideal for hosting guests. Offered fully furnished with a six-seat golf cart, this home is truly turn-key. Enjoy an easy stroll to the Boathouse pool, WaterColor Beach Club, and the Gulf, along with access to world-class amenities including multiple pools, tennis and pickleball courts, a fitness center, scenic trails, and Western Lake for paddleboarding and kayaking. Investment Opportunity: Strong rental performance with $133,968 in gross revenue over the past two years and $136,547 already on the books for this year. With its improved price and unbeatable location, this is a rare opportunity to own in one of 30A's most coveted communities.
#985570

Santa Rosa Beach

114 Sunset Ridge Lane

2 Beds

2 Baths

1,732 Sq.Ft.

$2,495,000

MLS#: 985570

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
#996862

Santa Rosa Beach

1371 Western Lake Drive

3 Beds

3 Baths

2,088 Sq.Ft.

$2,295,000

MLS#: 996862

Located in WaterColor's sought-after Crossings District, this Huff Construction-built home offers 4 bedrooms, 4.5 baths, and over 2,400 sq ft of well-designed living space--ideal for personal use or rental income. The open main level features 10' ceilings, hardwood floors, and a seamless flow into the kitchen and dining areas. The kitchen includes custom cabinetry, granite countertops, a GE Café appliance package, and a large island. Multiple porches extend the living outdoors, while an upstairs bunk room and flex space provide added versatility. Additional highlights include a golf cart garage and full-size laundry. Just moments from the Beach Club, pools, tennis, trails, and Camp WaterColor, this home offers strong rental history and future bookings in place.
#1001432

Santa Rosa Beach

29 Wisteria Way

4 Beds

4 Baths

2,458 Sq.Ft.

$2,275,000

MLS#: 1001432

Lovely 4 bedroom, 5 bath Beach Home tucked away in Watercolor's Crossings District. Never Rented! Thoughtfully decorated, immaculately well cared for and offered Fully Furnished, this Cottage Home sits in a peaceful & serene Park Front enclave, all while still enjoying quick access to all of Watercolor's World Class Amenities and Beaches. Features include Hardwood Floors, all En Suite Baths, curated Designer Furnishings, Wrap Around Porches & Transom Windows for great Natural Light. Seller Upgrades are numerous & include an Updated Kitchen with all New Appliances, new HVACs & Tankless Water Heater, updated Recessed Lighting throughout, an Expanded Patio & Drive Way and much more. Peaceful serenity abounds in this Park Front home that is surrounded by Green Space. Watercolor boasts some of the most amazing amenities along all of Scenic 30a including multiple community pools, expansive parks, preservation areas and walking trails as well as direct access to Western Lake for kayaking and paddle boarding and of course the spectacular Watercolor Beach Club! Over $100K in Potential Gross Rental Income! Schedule a private showing today.
#995942

Santa Rosa Beach

23 Winterberry Circle

4 Beds

5 Baths

2,224 Sq.Ft.

$2,095,000

MLS#: 995942

A proven and very strong rental performer, 37 Winterberry Circle has consistently done exceedingly well while being meticulously maintained and thoughtfully improved over time. Tucked within WaterColor's desirable Crossings District, this home offers a quiet, central location just minutes from the Dragonfly Pool, Camp WaterColor, Publix, Seaside, and 30A. Surrounded by green space and parks on both sides, this coastal retreat blends privacy, convenience, and timeless design, creating a setting that feels both peaceful and connected to everything WaterColor has to offer. Recently renovated, the home showcases a bright, open floor plan designed for relaxed living and effortless entertaining. Updated interiors include refreshed bathrooms, an enhanced kitchen with new countertops and appliances, upgraded lighting, high-end ceiling fans, and carefully curated furnishings that elevate the home's polished coastal feel. A whole-home Sonos sound system with built-in speakers, newly installed televisions, and a new high-speed WiFi router and modem further enhance the living experience, while a new washer and dryer add everyday convenience. The main level features spacious living, kitchen, and dining areas filled with natural light, complemented by crisp finishes and designer details. A full bath and a private office area with sliding French doors provide flexibility for guests or remote work. Upstairs, the primary suite and two additional guest bedrooms each include private bathrooms, offering comfort and privacy for family and visitors alike. A significant addition completed in 2022 expanded both the home's livability and outdoor enjoyment. Enhancements include a welcoming new entryway with a daybed and storage, first and second-floor screened porches designed for lounging and gathering, and an expanded side porch featuring an outdoor kitchen and grilling area. In total, the property offers more than 900 square feet of thoughtfully designed outdoor living space, a rare and meaningful extension of the home that allows life to flow seamlessly outdoors year-round. All decking has been replaced with durable Ipe hardwood, known for its longevity and rich natural beauty, while updated landscaping, hardscaping, a redesigned patio, and a newly installed driveway further elevate the property's curb appeal. Recent mechanical upgrades provide peace of mind, including newly installed HVAC systems and a new tankless hot water system, enhancing efficiency, comfort, and long-term reliability. Additional improvements include an electric vehicle charging setup and a freshly repainted exterior that complements the home's coastal surroundings. Outdoor living is a defining feature of the property, with multiple private spaces designed for both quiet relaxation and entertaining. A screened porch with daybed swings invites slow mornings and breezy evenings, while the home's position on a newer, quieter street provides added privacy and convenient guest parking away from busier seasonal traffic. With easy access to WaterColor's trail system, community pools, beach club amenities, and nearby Seaside, this home offers an ideal balance of comfort, style, and location. Carefully maintained and consistently enjoyed by guests, it stands as a welcoming retreat designed for making lasting memories along 30A.
#995340

Santa Rosa Beach

37 Winterberry Circle

3 Beds

4 Baths

2,100 Sq.Ft.

$1,995,000

MLS#: 995340

New on site 4 days ago
Set within the vibrant Town Center district of WaterColor and overlooking scenic 30A, this beautifully renovated 2-bedroom, 2-bath condominium with a dedicated bunk room offers an exceptional blend of sophisticated coastal living and unmatched convenience. Ideally located just moments from the acclaimed WaterColor Beach Club, the boathouse on Western Lake, Cerulean Park, and an array of boutique shops and restaurants, the residence presents an outstanding opportunity for both personal enjoyment and investment potential. Thoughtfully redesigned with a refined coastal aesthetic, the interiors feature extensive upgrades throughout, including custom wall detailing, updated flooring, designer cabinetry, stone countertops, statement lighting, premium plumbing fixtures, and a fully refreshed furnishing and décor package. Positioned on a single level within the second floor of the building, the residence is easily accessible via elevator or staircase and offers a comfortable, open-concept layout designed for effortless entertaining. Natural light fills the spacious living and dining areas, which extend seamlessly onto an expansive wraparound porch as an inviting outdoor retreat ideal for dining, lounging, or enjoying the coastal atmosphere after a day on the beach. The primary suite offers generous proportions and a private ensuite bath, while the guest accommodations include an additional bedroom, a charming bunk space, and a large secondary bath complete with laundry area. The beautifully updated kitchen combines functionality with elevated design, creating a space equally suited for casual mornings or hosting guests.
#1002665

Santa Rosa Beach

1777 E County Highway 30A UNIT 202

2 Beds

2 Baths

1,269 Sq.Ft.

$1,750,000

MLS#: 1002665

Positioned in the heart of WaterColor's desirable Beach District, this well-appointed corner townhome offers an ideal blend of comfort, convenience, and coastal charm. Located just off 30A within steps to the WaterColor Beach Club & Town Center, the property provides effortless access to dining, shopping, and the Gulf's renowned white-sand beaches. Spanning approximately 1,286 square feet, the residence features a thoughtful two-level layout designed for both everyday living and guest accommodations. The main living area is situated upstairs, where natural light fills the open-concept space and highlights the warm hardwood flooring. A private balcony extends the living area outdoors, perfect for unwinding after a day at the beach. The kitchen is efficiently designed with light cabinetry, Whirpool stainless appliances, and a breakfast bar that connects seamlessly to the dining and living spaces. The first floor primary suite offers privacy and direct access to a screened porch, along with a spacious ensuite bath featuring dual vanities, a soaking tub, and a separate shower. An additional guest bedroom and bath upstairs provide comfortable accommodations for visitors. Offered furnished, this residence presents a strong opportunity as a second home or investment property, with projected rental income exceeding $100K annually. WaterColor spans over 499 acres and is known for its resort-style amenities, including multiple pools, a Gulf-front beach club, tennis courts, fitness center, nature trails, and the popular Camp WaterColor with a lazy river and waterslide--creating a lifestyle that is both relaxed and activity-rich along Scenic Highway 30A.
#1000314

Santa Rosa Beach

1660 E County Highway 30A UNIT 101

2 Beds

2 Baths

1,286 Sq.Ft.

$1,735,000

MLS#: 1000314

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

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

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.
#1002226

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.
#979300

Santa Rosa Beach

Lot 32 String Lily Cove

None Beds

None Baths

0.13 acres

$1,170,000

MLS#: 979300

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!
#992149

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!
#993880

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.
#995032

Santa Rosa Beach

29 Goldenrod Circle 401-3

2 Beds

2 Baths

1,397 Sq.Ft.

$149,000

MLS#: 995032

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