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WATERCOLOR community

WATERCOLOR Real Estate

Explore properties and local insights in WATERCOLOR.

About 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.
WATERCOLOR community

29

# of Listings

4

Avg # of Bedrooms

$1,195

Avg. $ / Sq.Ft.

$3,991,137

Med. List Price

0

Open Houses Today

2

Open Houses ยท Next 7 Days

Community totals. Selected price ranges apply to the listings below.

Homes for Sale in WATERCOLOR

All prices

Under $250,000

$250,000 - $500,000

$500,000 - $1M

$1M - $3M

$3M - $5M

Over $5M

Open Houses

7 Properties Found. Page 1 of 1.

Rarely available on WaterColor's Beach Lane, this home offers an exceptional opportunity to own in one of 30A's most sought-after communities. Renovated in 2018, the residence blends timeless coastal style with a generous footprint designed for effortless beachfront living. Thoughtfully designed and beautifully decorated, the home features expansive living and gathering spaces, along with five bedrooms to comfortably accommodate family and guests. Panoramic Gulf views are showcased throughout, anchoring the home in an elevated and truly exceptional beachfront setting. The layout is designed for both entertaining and everyday living, with multiple living areas that provide flexibility for hosting, relaxing, and extended stays. The five-bedroom configuration, including dual primary suites and a dedicated bunk room, allows for seamless accommodations for larger groups. With its spacious design, direct access to the private deeded beach, and coveted location in WaterColor, this home offers a rare combination of scale, comfort, and true beachfront living.
#1001216

Santa Rosa Beach

1942 E County Highway 30A

5 Beds

5 Baths

3,528 Sq.Ft.

$11,495,000

MLS#: 1001216

Located in Phase 2, this one family owned, never before rented home offers the privacy of a backyard preserve, a front yard facing a park area, while also being tucked nicely inside a private cove. This home has one of the largest private family pools inside the Watercolor community and was designed by the Stackable Group and built by Cole construction. A Peacock paver pool deck with fully fenced in back yard expands into a summer kitchen with an outdoor fireplace. The carriage house is fully equipped with a kitchen, full bath and extends over a full capacity two car garage. Inside the home you will find grey washed floors, mosaic marble bathrooms, and soaring ceilings. A large fireplace anchors the living and dining area. This home offers large rental projections while also providing a luxurious secluded space within the community.
#1006685

Santa Rosa Beach

40 Chapman Oak Way

6 Beds

5 Baths

5,768 Sq.Ft.

$8,000,000

MLS#: 1006685

In WaterColor, the most compelling homes are not simply designed for a week at the beach. They are created for the rhythm of everyday life on 30A. Slow mornings, time outdoors, family gatherings, and the ability to comfortably host the people you love. At 565 East Royal Fern, that sense of permanence is immediately clear. Built by Borges Brooks Builders and designed by TS Adams, the residence feels less like a traditional vacation property and more like a thoughtfully composed coastal compound. Architecture, craftsmanship, and livability were considered in equal measure, creating a home that is equally suited for quiet daily routines and larger gatherings with family and friends. The interiors are warm, relaxed, and designed to be lived in. Oak floors by Seashore Flooring extend throughout the home, complementing a natural palette of whites and wood tones. Expansive openings allow sunlight to move easily through the living spaces, while subtle architectural details give each room its own character. Several furnishings were custom designed by the homeowner and handcrafted by Amish craftsmen, adding a personal layer that makes the home feel collected rather than staged. At the center of the main living space, the kitchen balances beautiful design with the functionality needed for everyday use. A waterfall island offers generous room for meals, homework, conversation, and entertaining, while dome pendants create a clean architectural focal point. A 60-inch Wolf range and Liebherr refrigerator complete the appliance package. The carriage house features quartz countertops and coordinated finishes, allowing it to function comfortably as a private space for extended family, guests, or live-in support. With eight bedrooms, including the private carriage house, the home provides the flexibility that full-time living often requires. The primary suite is positioned as a true retreat, featuring a spa-style bathroom with a soaking tub, electric fireplace, dual closets, and direct access to a private patio. Guest accommodations are thoughtfully distributed throughout the property, offering privacy without feeling disconnected from the rest of the home. Practical construction decisions further set the residence apart. The elevated, foam-insulated slab was designed to enhance stability and help prevent floor movement over time. Real stone in the downstairs guest bathroom reflects the emphasis on authentic materials, while EPAY decking throughout the outdoor living areas was selected for its durability in the coastal environment. Outside, the resort-style pool and covered pavilion become a natural extension of the home. The spaces are designed for more than entertaining, offering room for morning coffee, afternoons by the pool, outdoor dinners, and the everyday moments that make living on 30A so special. 565 East Royal Fern offers the rare opportunity to experience WaterColor not simply as a destination, but as home. It is a residence defined by thoughtful design, lasting craftsmanship, and a more personal, livable interpretation of coastal luxury.
#999794

Santa Rosa Beach

565 E Royal Fern Way

10 Beds

7 Baths

6,550 Sq.Ft.

$6,999,000

MLS#: 999794

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

One of the best lots in Watercolor! Located in the heart of WaterColor, this corner-lot residence offers Gulf views from multiple porches and its four-story watchtower. Positioned directly across from the WaterColor Beach Club and just steps from Seaside, the home spans over 5,000 square feet and includes seven bedrooms, a private pool, and a carriage house. The main living and dining areas occupy the second floor, offering privacy and abundant natural light. The living room features soaring ceilings and French doors that open to generous covered porches, creating seamless indoor-outdoor flow. A formal dining area and additional sitting spaces add flexibility, while the kitchen is outfitted with premium appliances, ample cabinetry, and bar seating. Accommodations include suites on every floor and in the carriage house, plus a built-in bunk room. The private pool sits between the main house and carriage house, complemented by a wood-burning fireplace and outdoor kitchen. A spacious mudroom offers custom built-ins, two sets of washers and dryers, and a changing room for easy pool and beach access. Recent updates include an additional third-floor bathroom, refreshed flooring, and upgraded lighting, along with a central vacuum system and floor-to-ceiling impact glass windows throughout. WaterColor, Florida is one of 30A's most sought-after communities. Miles of walking and biking trails wind through lush coastal forests, connecting neighborhoods to parks, pools, Western Lake, the Town Center, and the beach. Residents enjoy multiple community pools - including the expansive Camp WaterColor and the iconic WaterColor Beach Club with Gulf views and beach access -- plus kayaking and paddle boarding on Western Lake via the BoatHouse. Beautiful gathering spaces such as Cerulean Park, Marina Park, and Western Lake Park round out the community, along with a fitness center, tennis and pickleball courts, and a town center just minutes from the dining and entertainment along Scenic 30A. Inquire today to schedule a private showing and experience all that WaterColor has to offer.
#1011551

Santa Rosa Beach

81 Western Lake Drive

7 Beds

6 Baths

5,130 Sq.Ft.

$5,395,000

MLS#: 1011551

Set on one of the most generous homesites in this distinguished phase of WaterColor, this refined coastal estate enjoys a private setting adjacent to a protected nature preserve and reflective pond. Spanning 5,460 square feet, the residence offers six bedrooms, seven full and one half baths, including a one-bedroom, one-bath carriage suite above a detached two-car garage. Thoughtfully designed for sophisticated coastal living, the interiors feature wire-brushed oak flooring, tailored shiplap walls, and a gas fireplace anchoring the light-filled great room. The kitchen features Sub-Zero and Wolf appliances, a dedicated wine refrigerator, quartz countertops, and custom cabinetry surrounding a generous island. A screened dining porch extends the living spaces outdoors to a private backyard with a 15' x 28' pool and spa, summer kitchen with Big Green Egg, and covered lounge with fireplace and television. The upper level features two primary suites, two additional guest bedrooms, and a four-bed bunk room, all connected by a private elevator. The carriage suite offers a kitchenette, full bath, and private balcony, creating a comfortable retreat for guests. Within WaterColor's 499-acre master-planned community along the Gulf of Mexico, residents enjoy community pools, the gulf-front beach cub, nature trails, the BoatHouse, tennis facilities, and Camp WaterColor with its lazy river and waterslide. A sophisticated coastal residence offering privacy, refined interiors, and exceptional outdoor living in one of WaterColor's most desirable settings along Scenic Highway 30A.
#1013205

Santa Rosa Beach

668 E Royal Fern Way

6 Beds

7 Baths

5,460 Sq.Ft.

$5,375,000

MLS#: 1013205

Set within the coastal community of WaterColor, 109 Bluejack is a 6 bedroom custom home with garage, carriage house and a private resort-style outdoor living space, all designed around the moments that become traditions: slow mornings, afternoons that drift between the beach and pool, grandparents staying just steps away, and memories made within a small-town atmosphere with luxe amenities. Built by Romair Construction with interiors by Kirstie Carollo of Bella Beach, the home brings together two names long associated with some of WaterColor's most admired residences. Exterior and interior expansive living spaces encourage everyone to be together without ever feeling crowded. Carrera marble carries throughout the home, from the kitchen and its statement island to beautifully finished baths, while a sophisticated coastal palette gives the interiors a sense of permanence beyond passing trends. Offered fully furnished and turnkey, there is nothing to prepare and nothing to reimagine. Arrive, unpack and begin living. The heart of the home moves effortlessly outdoors. Peacock pavers and rich Ipe decking frame a private pool and spa, while a sculptural micro cement dining table creates a natural gathering place for long lunches and dinners outside. As daylight fades, the fire pit draws everyone back together. The carriage house adds another dimension to the property and to the way generations can experience it together. A private studio residence with a king bed, full bath, kitchenette, living area, and its own washer and dryer gives grandparents, adult children or guests independence while keeping the family together. And that may ultimately be what distinguishes 109 Bluejack. Homes with five or more bedrooms exist in WaterColor. Homes with exceptional interiors exist. So do homes with private pools, generous outdoor living, garages and carriage houses. Finding all of those attributes together, in one beautifully resolved property, is considerably more difficult. Here, a day can begin with a golf-cart ride into WaterColor or neighboring Seaside. From there, it's off to the beach and the Gulf-front pools of the WaterColor Beach Club. Later, when everyone else has settled in, pour a glass of wine and slip into the spa. 109 Bluejack is having a place where everyone wants to come back. A place where three generations can gather, where children grow up measuring summers in beach days and bike rides, and where they return with families of their own. A place for peace, connection and rest for the soul. And, in time, legacy.
#1012817

Santa Rosa Beach

109 Bluejack Street

6 Beds

5 Baths

3,425 Sq.Ft.

$5,295,000

MLS#: 1012817

Buyers resources
7 Reasons to Work with a Realtor
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Getting a Mortgage To Buy a Home
Home Hazards Awareness
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8 Reasons to Work with a Realtor
Calculating Capital Gains
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