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Watercolor FL Homes for Sale

WaterColor FL homes for sale are located along Scenic 30A, above Seaside and Seagrove Beach, and nestled between Western Lake, undisturbed forest, and the Gulf of Mexico. The unique Southern beach cottages that line the streets of WaterColor are unsurpassed in both architecture and finish. This master planned, resort community also features a plethora of amenities including private beach, and easy access to fine restaurants and local shops.

Read more about the perks of owning real estate in Watercolor, and the various phases or neighborhoods in this unique beach community.

Phase 1 | Phase 2Phase 3 | Phase 4 | WaterColor Condos | WaterColor Lots | WaterColor Sold Listings

WaterColor Real Estate Listings

All Listings Over $1,000,000
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Photo of Listing #869326

92 Red Cedar Way, SANTA ROSA BEACH, FL - $2,995,000

Detached Single Family
  • 5 Beds
  • 6 Baths
  • 3,157 SQFT
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A Spacious, Yet Cozy, Wonderful Family Home Awaits You In Watercolor. Only 2 Blocks From Camp Watercolor, Yet It Adjoins A Preserve Area And Is Steps From Watercolor's Generous Trail System. The Gracious Main House Includes Ample Porches And An In...

Photo of Listing #869428

349 Spartina Cir, SANTA ROSA BEACH, FL - $2,949,000

Detached Single Family
  • 4 Beds
  • 4 Baths
  • 3,120 SQFT
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This 4 Bedroom 4 Bath 2 Bunk Room Home Backs To The Newly Renovated Camp Watercolor. The Large Master Suite Is Located On First Floor With French Doors Opening Onto A Large Screened-in Porch Area Engulfed By Exterior Landscaping That Makes This A ...

Photo of Listing #868654

47 Western Lake Dr, SANTA ROSA BEACH, FL - $4,500,000

Detached Single Family
  • 5 Beds
  • 7 Baths
  • 3,852 SQFT
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When Location And Private Amenities Are Of The Highest Value You Will Find No Finer Selection. Fronting Scenic 30a In Watercolor This Exquisitely Renovated Home Affords Toes In The Sand Within 100 Steps And The Fabulous Private Watercolor Beach Cl...

40 Sandy Creek Dr, SANTA ROSA BEACH, FL - $2,850,000

Detached Single Family
  • 4 Beds
  • 5 Baths
  • 3,359 SQFT
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One Of The Most Private Streets In Watercolor. Home Backs Up To Nature And Will Remain Private. A Contemporary European-style Vacation Home In A Quiet Location, But A Very Short Distance To Everything That Watercolor Offers As A Resort! You Will...

890 Western Lake Dr, SANTA ROSA BEACH, FL - $3,660,000

Detached Single Family
  • 5 Beds
  • 6 Baths
  • 3,658 SQFT
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This Highly Desirable Watercolor Home Is In A Great Location By The Tennis Courts And Seaside Cut Throughs. The Exterior Has Recently Been Painted. The Open Floor Plan And Up To Date Interior Show Just Like You Would Wish In Person! All The Essent...

728 Western Lake Dr, SANTA ROSA BEACH, FL - $3,299,000

Detached Single Family
  • 5 Beds
  • 6 Baths
  • 3,446 SQFT
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Stunning Watercolor Home On Large Corner Lot Designed By Ts Adams Studio Located Just Steps To The Watercolor Beach Club, Town Center And The Back Entrance Of Seaside. This Home Features Over 1,700 Sqft Of Wrap Around Porches, An Oversized Two Car...

The WaterColor Community

WaterColor is home to more than ¼ mile of sugary white sand beaches that are bordered to the west by undeveloped state parks. Miles of trails and coastal amenities allow you to enjoy all that this incredible area has to offer.  

WaterColor Amenities & Recreation

Watercolor Amenities- beach club in WaterColor FL
WaterColor pool and beach club

WaterColor Beach Club

The WaterColor Beach Club is the most amazing beachfront amenity along 30A. You'll never miss a sunset as you lounge by the Gulf front pool. Take advantage of the food and beverage service, showers and lockers. Forget your sunscreen? Don't worry, handy items such as hats, water toys and even chilled towels are readily available.

Swimming Pools

Several neighborhood pools are placed throughout the community in addition to the Gulf front Beach Club.

Town Center

This attractive enclave of boutiques, services is the perfect spot to pick up that quick gift or sit and enjoy a glass of wine.

Tennis Center

Five Har-Tru Hydro Courts with pro shop and lessons offers an exceptional facility to residents of WaterColor.


Several landscaped parks and gardens are dotted throughout the WaterColor community. Everything is connected with an extensive trail system, perfect for that morning work out or evening stroll. Marina Park has an amphitheatre with a busy calendar of events including the ever popular Family Movie Night.

WaterColor Workout

Fitness center with state-of-the-art equipment, trainers and classes.

Camp WaterColor

Kid's camp that's packed with activities and fun outings.

Bike Barn

Rent a bike or bike stroller for an afternoon and explore the woodland trail system.


A portion of the WaterColor community overlooks Western Lake, and the BoatHouse takes full advantage of this scenic feature. Here, you can rent anything from paddle boards, canoes, kayaks, and sailboats, to fishing equipment to enjoy this coastal dune lake.

Watercolor Amenities, Bike parking in WaterColor FL
There's no shortage of bike parking in WaterColor!


WaterColor Neighborhoods

Developments in WaterColor have been spread through four separate phases, each targeting a different area and amenity group. Depending on your tastes, choose a location closer to the Gulf, a wooded setting, or overlooking Western Lake. Set up a tour with WaterColor realtor, Tim Shepard, and see the various neighborhoods and layouts for yourself.

Phase 1

Located in south WaterColor along the beach and shores of Western Lake. Communities in Phase One include: Beach Lane, The Cottage District, The Lake District, Park Row, Rainbow Row, Rose Garden Mews, Sunrise Ridge, Sunset Ridge, Tennis District and Town Center.

Phase 2

This is referred to as the camp district because of its proximity to Camp WaterColor and local parks. Communities within Phase Two include: Cinnamon Fern, Cypress Cove, Eastern Cove, Lake Forest, Mere Ridge, Pine Crest and Pine Ridge.

Phase 3

In the Lake District, you'll find a series of homes overlooking Western Lake with views of the Gulf. Communities within Phase 3 include: Cerulean Landing, Long Leaf Park, Oak Grove, Sand Hill, Sandy Creek, Vermillion Point, and Wiregrass Meadows.

Phase 4

Situated near the Crossing District, homes in Phase 4 are closing to shopping and have quiet properties backing onto State preserve. Communities within Phase Four include: Cedar Woods, Summersweet Place, and Turtle Ridge.

WaterColor FL Map of Phase Locations

Getting the Most from Your WaterColor Real Estate Investment

The primary factors that determine WaterColor property values are:

  • Location: Houses that are closer to the beach, town center, or major amenity are typically more expensive.
  • Interior Finish: there is a huge variance among WaterColor homes in terms of their interior finishes. Well-appointed houses can add an additional $100-$200 per square foot premium to their value.
  • Extras: properties with swimming pools, carriage houses, expansive porches, garages, or watch towers are uniquely desirable.
  • Type of Sale: WaterColor foreclosures or short sales typically sell for less than normal sales. However, the condition of these distressed properties can require significant repairs and/or renovations.

WaterColor is truly a stunning and spectacular development. There are homes of various sizes, layout, and finish to satisfy any need you may have. If you are interested in purchasing or selling a WaterColor home, one of the Destin Real Estate team's experienced agents will be happy to assist you with the process.

WaterColor Market Stats

  # Listings Avg. DOM Avg. Price Avg. Price/SqFt Median Price Median Price/SqFt Avg. % Reduced Highest
Active 6 14 $3,375,500 $978 $3,675,000 $1,008 0% $4,500,000
Sold (Last Year) 181 112 $2,179,348 $675 $1,990,000 $614 2% $6,250,000

Biggest Sales by Month

Apr. 2021 - 22 Flatwood Street, Santa Rosa Beach, FL - $3,875,000

Photo of Listing #856123
Detached Single Family
  • 5 Beds
  • 6 Baths
  • 5,295 SQFT
View details

This Stunning 3 Story Watercolor Phase Iii Beach Home By Thurber Architecture Is A Must See! From The Designer Kitchen And Beautifully Appointed Living And Dining Areas, To The Four Master Bedrooms With Ensuite Marble Baths To The Relaxing Outdoor...

Contact a Watercolor realtor or call (850) 325-0004 for more information about the WaterColor real estate market.

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DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2021, All rights reserved.

Listing information last updated on April 20th, 2021 at 6:15pm CDT.