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WATERCOLOR community

WATERCOLOR Real Estate

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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
25
# of Listings
4
Avg # of Bedrooms
$1,242
Avg. $ / Sq.Ft.
$4,258,160
Med. List Price

Available Properties in WATERCOLOR

All listings

Under $250,000

$250,000 - $500,000

$500,000 - $1M

$1M - $3M

$3M - $5M

Over $5M

11 Properties Found. Page 1 of 1.

Welcome to one of the finest homes in Watercolor! Built by the Coastal Elements team and designed at Q Interior Surfaces, this home embodies beach living at its finest. Featuring a beautiful open floor plan with French Oak flooring, Venetian plaster and white oak beams it is the quintessential Watercolor beach home. As you walk into the home you are greeted by a world class Chef's kitchen boasting custom cabinetry, an oversized island, professional appliances, & a butler pantry. From the kitchen you will be delighted with the open living and dining area with a fireplace which looks out to the fantastic backyard! There you are drawn to the pool, outdoor kitchen, firepit and closed-in porch (with a fireplace and TV). As you make your way to the 2nd floor you will be greeted by 2 additional bedrooms, an office/study and the Master Suite. Continue to the 3rd floor and you find the most impressive fun you can have in a home! Featuring 4 custom built-in adult size bunks, ping pong table, TV/sitting area, full bathroom and an additional "recreational" area this is just the icing on the cake!
#991460

Santa Rosa Beach

160 Royal Fern Way Way

5 Beds

6 Baths

5,129 Sq.Ft.

$4,995,000

MLS#: 991460

Designed for refined coastal living in WaterColor's coveted Phase 5, Lot 12 Climbing Rose Way will bring a thoughtfully planned three-story residence to one of the community's most desirable non-rental neighborhoods. Construction will begin upon contract, offering buyers the chance to secure a brand-new home featuring 5 bedrooms, 5 full baths, 1 half bath, a one-car garage, private pool, expansive outdoor living spaces, and a versatile third-floor retreat. The exterior will reflect the timeless architectural character of WaterColor, blending classic lap siding with shingle-style accents, a Coastal Fog exterior palette, crisp white trim, and a traditional metal roof. A welcoming front porch and paver-style driveway create an inviting arrival, with space for three additional vehicles in the drive. Inside, the first floor opens to a dramatic two-story foyer with a coat closet, powder room, and access to a private guest suite complete with its own full bath, dual vanities, and walk-in shower. From there, the home flows into a spacious open-concept living, dining, and kitchen area designed for both everyday comfort and entertaining. The kitchen serves as the centerpiece of the main living space, with a large waterfall-edge island, generous wraparound bar seating, oversized range hood, multiple sinks, and abundant cabinetry and counter space. A collection of built-in entertaining features, including a wine refrigerator, undercounter refrigerator and freezer, ice maker, and kegerator, adds another level of functionality. An oversized pantry is equally well equipped with extensive shelving and counter space, a refrigerator, and double ovens. The adjacent living room is anchored by a gas fireplace and opens through expansive folding doors to a large screened porch, creating a seamless transition between indoor and outdoor living. Just beyond, the private pool and surrounding deck form a secluded backyard retreat. A covered summer kitchen with grill and fryer, outdoor shower, and dedicated bike storage complete the exterior entertaining space. The second floor is highlighted by the private primary suite overlooking the pool. Double doors open to a covered balcony, while dual walk-in closets provide generous storage. The spa-inspired primary bath features separate vanities and an expansive wet room combining a walk-in shower with a soaking tub, along with a private water closet. Two additional guest suites are also located on the second level, each with its own private bathroom and closet. The front guest room opens directly onto a spacious balcony overlooking the streetscape of Phase 5. A dedicated laundry room with utility sink, additional linen storage, and the open landing overlooking the foyer below complete this level. The third floor offers exceptional flexibility with a large open loft that can easily function as a game room, media lounge, fitness space, additional living area, or combination of uses. The fifth bedroom is also located on this floor, along with a full bath, multiple closets, and a substantial enclosed storage room. Set within WaterColor's sought-after Phase 5, this residence offers the peace and permanence of a non-rental neighborhood while still enjoying access to the lifestyle and amenities that make WaterColor one of 30A's most recognized communities. Nearby green spaces and community recreation complement convenient access to the beach, dining, shopping, and the many amenities found throughout WaterColor and Santa Rosa Beach. With construction beginning upon contract, Lot 12 Climbing Rose Way offers a rare opportunity to secure a brand-new residence thoughtfully designed for elevated coastal living in the heart of WaterColor.
#1011979

Santa Rosa Beach

Lot 12 Climbing Rose Way

5 Beds

5 Baths

4,353 Sq.Ft.

$4,795,000

MLS#: 1011979

Welcome to one of the most desirable Gulf-front residences in all of WaterColor. Perfectly positioned on the first level of this intimate beachfront condominium, Unit 8 offers an exceptionally rare combination of direct walk-out access to the building's exclusive Gulfside pool, immediate access to the sugar-white sands of the Emerald Coast, and breathtaking panoramic Gulf views--all within one of 30A's most prestigious resort communities. Unlike upper-floor residences, this home lives much like a true beachfront retreat, seamlessly blending indoor and outdoor living. Step directly from your private porch to the pool deck, then continue just a few steps farther to the beach, creating an effortless coastal lifestyle that is seldom found among luxury Gulf-front condominiums. Ideally positioned between WaterColor and Seaside, Residence 8 spans approximately 2,560 square feet across two levels and lives more like a beachfront home than a condominium. Showcasing sweeping Gulf of Mexico views, the residence features three bedrooms, three full bathrooms, and a bonus bunk room with custom bunks, creating the perfect layout for family enjoyment and strong rental performance. Extensively updated and offered fully furnished, the residence is truly turnkey. Recent improvements include a beautifully renovated kitchen, custom inset cabinetry throughout, upgraded countertops, designer furnishings, and brand-new windows and doors that enhance both aesthetics and functionality while maximizing natural light and Gulf views. Designed to embrace its extraordinary beachfront setting, the home features two spacious covered porches that provide multiple outdoor living and dining spaces overlooking the emerald waters and sugar-white sand beaches below. Whether enjoying a morning sunrise, afternoon sea breeze, or evening sunset, the expansive porches create a seamless connection between indoor and outdoor living. Owners enjoy exclusive access to the building's private gulf-side swimming pool just steps from the beach--an amenity rarely found along 30A. Further distinguishing this offering are two covered parking spaces and a dedicated exterior storage unit, providing a level of convenience seldom available in comparable gulf-front residences. Ownership includes access to WaterColor's unparalleled collection of resort amenities, including the iconic Gulf-front Beach Club, Camp WaterColor's pools, lazy river and waterslides, Western Lake paddleboarding and kayaking, tennis and pickleball courts, beautifully maintained parks, and miles of scenic walking and biking trails throughout the community. Currently operating as a successful vacation rental, this residence offers the flexibility of immediate income generation while serving as an exceptional second home or legacy family retreat. Combining one of the most desirable locations on 30A, panoramic Gulf views, extensive renovations, private pool access, two covered parking spaces, dedicated storage, and the unmatched WaterColor lifestyle, Residence 8 represents one of the rarest ownership opportunities currently available along the Emerald Coast.
#1006497

Santa Rosa Beach

1848 E County Highway 30A UNIT 8

3 Beds

3 Baths

2,560 Sq.Ft.

$4,750,000

MLS#: 1006497

Rarely does a WaterColor home combine this level of location, lifestyle and rental potential. Ideally positioned in the coveted Gulf District, 105 Park Row sits just three lots from the Gulf and only steps from the WaterColor Beach Club, putting the beach, pools and resort amenities practically at your doorstep. This beautifully appointed 4BR/4BA home offers 3,353 square feet across three levels, Gulf and lake views, multiple outdoor living spaces and a two-car garage. Offered turnkey and ready to enjoy from day one. For buyers seeking to offset ownership costs, third-party rental projections approach $300,000+ in annual gross revenue, creating the opportunity to pair an exceptional 30A retreat with significant rental potential.
#1012330

Santa Rosa Beach

105 Park Row Lane

4 Beds

4 Baths

3,353 Sq.Ft.

$4,599,000

MLS#: 1012330

Rare Elevated Gulf-View Residence in WaterColor Set just two blocks from the beach on a quiet, coveted WaterColor street, this exceptional 5BR/5.5BA residence offers a rare combination of elevated Gulf views, refined design, and exceptional outdoor living. Positioned on one of the community's highest points, the home's rooftop deck captures panoramic views of the Gulf and Seaside--an extraordinary backdrop for sunset entertaining or quiet mornings above 30A. Expansive porches and multiple outdoor spaces embrace the WaterColor lifestyle, including a private deck with fire pit and grill. Inside, professionally designed interiors create a sophisticated yet inviting retreat, offered furnished with exclusions. The chef's kitchen is appointed with Sub-Zero and Wolf appliances, an oversized island, and Smallbone cabinetry. Recent upgrades include electrical, HVAC, decking, lighting, and additional improvements throughout. Beyond its exceptional lifestyle appeal, the residence offers a compelling investment profile, with historical rental income averaging approximately $175,000-$200,000 annually. Buyer to verify all rental and financial information. A rare opportunity to own a distinguished WaterColor residence where elevation, Gulf views, beach proximity, design, and income potential converge.
#1012859

Santa Rosa Beach

146 Silver Laurel Way

5 Beds

5 Baths

3,972 Sq.Ft.

$4,499,000

MLS#: 1012859

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.
#1006733

Santa Rosa Beach

514 E Royal Fern Way

5 Beds

5 Baths

4,263 Sq.Ft.

$4,489,000

MLS#: 1006733

A rare opportunity in Phase 5 of WaterColor--this new construction by Romair marks their first build in the community in over six years, following a legacy of hundreds of homes built in the original WaterColor phases. Thoughtfully positioned on a preserve-backed homesite, this residence offers lasting privacy and a seamless connection to nature. Designed with entertaining in mind, the open-concept kitchen and living areas flow effortlessly to the outdoor pool and living space. The main level features 12-foot ceilings, a guest suite, while the primary suite overlooks the preserve and includes a private porch retreat. Upstairs, a spacious bonus/media room creates the perfect gathering space after long days at the beach. A true blend of craftsmanship, history, and lifestyle in one of 30A's most sought-after communities.
#1002676

Santa Rosa Beach

202 Climbing Rose Way Way

5 Beds

5 Baths

5,020 Sq.Ft.

$3,995,000

MLS#: 1002676

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.

$3,799,000

MLS#: 996751

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.

$3,750,000

MLS#: 1002574

Kick-out clause in effect - property is under contract, and the seller is accepting backup offers. A refined expression of coastal living, this newly renovated and furnished four-bedroom, four-and-a-half-bath, 2,393-sq.-ft. residence sits in WaterColor's coveted Phase II. Surrounded by mature pines and offered fully furnished with an included golf cart, the home pairs sophisticated interiors with inviting outdoor spaces and room to add a private pool. Inside, light-filled living spaces are grounded by warm reclaimed pine flooring, crisp white cabinetry, and a soft, understated coastal palette. The chef's kitchen serves as the centerpiece with a generous quartz island, custom cabinetry, open shelving, and hand-set herringbone tile, flowing seamlessly into the dining and living areas for effortless everyday living and entertaining. The main-level primary suite offers a private retreat with dual vanities and a glass-enclosed shower with dual rain showerheads. Three additional bedrooms upstairs, each with a private bath, provide comfortable accommodations for family and guests. A screened porch overlooks the mature pine setting, while a paved patio with fire pit creates an additional gathering space. The generous outdoor area also offers the opportunity to add a private pool and further enhance the home's indoor-outdoor living. Ideally located just steps from a neighborhood pocket park and Camp WaterColor, the home offers convenient access to the beach club, neighborhood pools, Camp WaterColor's lazy river and playgrounds, and the boutiques and restaurants along Scenic Highway 30A. Turnkey and thoughtfully updated, this residence captures the relaxed sophistication and distinctive character of the WaterColor lifestyle.
#1011286

Santa Rosa Beach

36 Thicket Circle

4 Beds

4 Baths

2,393 Sq.Ft.

$3,295,000

MLS#: 1011286

Set within WaterColor Phase 4, this impeccably maintained four-bedroom, four-and-a-half-bath two story residence backs to a lush preserve and has never been rented. The 3,327-square-foot home features an open main level with 10-foot ceilings, hardwood flooring, large windows overlooking the preserve, and a gas fireplace. The kitchen is equipped with professional-grade appliances, an oversized island that seats 5, and a walk-in pantry. A first-floor bedroom with ensuite bath and separate study or sitting room complete the main level. Upstairs, the primary suite features a private covered porch with a swinging bed and a spacious ensuite bath with dual vanities, a jetted tub, a walk-in shower, a private water closet, and a walk-in closet. Two additional guest suites with adjoining baths, a separate bunk room accommodating four, and a second living area provide generous space for family and guests. A covered and screened porch extends the main living area outdoors and flows onto a back deck that stretches the width of the home. WaterColor's extensive amenities include the Gulf-front Beach Club, multiple pools, the Boathouse, fitness and tennis facilities, Camp WaterColor, nature trails and bike paths, parks, and green spaces throughout the community.
#1012311

Santa Rosa Beach

367 E Royal Fern Way

4 Beds

4 Baths

3,327 Sq.Ft.

$3,100,000

MLS#: 1012311

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