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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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64 Vermilion Way, SANTA ROSA BEACH, FL - $4,195,000

Detached Single Family
  • 6 Beds
  • 7 Baths
  • 4,832 SQFT
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This Impeccable 5 Bedroom, 5.5 Bath Home Plus 1 Bed And 1 Bath Carriage House, In The Lake District Of Watercolor, Is Not One To Be Missed. When Entering The Home, You Will Be Welcomed By The Magnificent Great Room, With Its Ten Foot Ceilings, Ri...

156 Cove Hollow St, SANTA ROSA BEACH, FL - $2,975,000

Detached Single Family
  • 5 Beds
  • 6 Baths
  • 3,500 SQFT
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Beautiful 5 Bedroom Custom Home, Designed By Ts Adams And Built By Regal Stephens. Flawless Throughout!rarely Will You Find A Home As Gracious As This. With Walnut Floors Leading The Way And Every Upgrade Imaginable From The Newly Renovated Kitche...

42 Flatwood St, SANTA ROSA BEACH, FL - $4,950,000

Detached Single Family
  • 6 Beds
  • 8 Baths
  • 5,552 SQFT
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Light And Space Define This Immaculate, Newly-constructed Luxury Beach Home. Situated On An Oversized Corner Lot, With Preserve Land To The Rear And A Pedestrian Greenway Across The Street, The House At 42 Flatwood Presides Over One Of The Commun...

128 Mystic Cobalt St, SANTA ROSA BEACH, FL - $2,195,000

Detached Single Family
  • 3 Beds
  • 3 Baths
  • 2,516 SQFT
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Comfort And Convenience In A Beautiful Beach District Cottage. 128 Mystic Cobalt Is The Perfect Residence Or Investment Property For Someone Who Wants A Low Maintenance Home Close To The Sand, And To All That Phase 1 Of Watercolor Has To Offer. ...

22 Flatwood St, SANTA ROSA BEACH, FL - $4,095,000

Detached Single Family
  • 5 Beds
  • 6 Baths
  • 5,295 SQFT
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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...

270 Spartina Cir, SANTA ROSA BEACH, FL - $3,195,000

Detached Single Family
  • 4 Beds
  • 6 Baths
  • 3,693 SQFT
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Overlooking The Newly Completed Lazy River Lies One Of The Finest Of Watercolor Experiences On One Of The Largest Lots, Uniquely Private In Nature. Completing A Full Interior And Exterior Renovation, No Stone Was Unturned And No Expense Spared In ...

373 Needlerush Dr, SANTA ROSA BEACH, FL - $3,495,000

Detached Single Family
  • 6 Beds
  • 7 Baths
  • 4,907 SQFT
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A Charming Light Filled Coastal Retreat! Situated On A Large Lot In Phase Iii Of Watercolor This 3 Level Home Boasts 4,907 Square Feet, 6 Bedrooms, And 6 1/2 Bathrooms Backing To Nature Preserve. An Incredibly Inviting Home From The Minute You Wa...

11 Park Row Ln, SANTA ROSA BEACH, FL - $3,650,000

Detached Single Family
  • 5 Beds
  • 5 Baths
  • 3,911 SQFT
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The Sophisticated Luxury Residence Is Prominently Situated Gulf-side In Watercolor, Florida, At The Prestigious Address Of Park Row Lane. Offering Three Stories Of Extraordinary Living Space, The Sleek Modern Five Bedroom Residence Is Well-poised ...

Photo of Listing #853401

41 Mistflower Ln, SANTA ROSA BEACH, FL - $3,775,000

Detached Single Family
  • 6 Beds
  • 8 Baths
  • 4,985 SQFT
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Can You Say Wow! This Stunning 6 Bedroom Plus 2 Bunks, 6.5 Bath Home With A Home Theater And Exercise Room Is Located In The Coveted Phase 3 Of Watercolor Just Steps From One Of The Many Walking Paths And Access Points To The Coastal Dune Lake. Re...

45 Winterberry Cir, SANTA ROSA BEACH, FL - $1,099,000

Detached Single Family
  • 3 Beds
  • 4 Baths
  • 1,800 SQFT
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Newly Remodeled . Easy Floor Plan That Has Never Been Rented.remodeled With New Granite Countertops And New Flush Mount Sinks, New Bathroom Fixtures,new Exhaust Fans.laundry Room Has Been Reconfigured .home Has Just Been Freshly Painting...

409 Western Lake Dr, SANTA ROSA BEACH, FL - $4,400,000

Detached Single Family
  • 8 Beds
  • 9 Baths
  • 5,602 SQFT
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Stunning Tom Christ Architecture-breaux Construction 8 Bedroom, 8 And Half Baths, Light Filled Family Home Located In Phase 1 Sunset Ridge - Watercolor Features 12' And 10' Ceilings With Detail Abound. Backing Up To Western Lake With Incredible V...

Photo of Listing #851426

51 Mistflower Ln, SANTA ROSA BEACH, FL - $2,994,000

Detached Single Family
  • 5 Beds
  • 6 Baths
  • 4,190 SQFT
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Sunlight Streams Through The Gorgeous Open Spaces Of This 5br/5.5 Ba Watercolor Retreat Conveniently Located Just Steps From The Phase Iii Pedestrian Bridge For Easy Access To Community Amenities Such As The Boathouse, The Newly Expanded Watercolo...

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 14 62 $3,386,929 $803 $3,345,000 $789 3% $4,950,000
Sold (Last Year) 128 158 $2,106,295 $627 $1,972,500 $642 4% $5,500,000

Biggest Sales by Month

Oct. 2020 - 435 W Lake Forest Drive, Santa Rosa Beach, FL - $2,450,000

Photo of Listing #852733
Detached Single Family
  • 4 Beds
  • 5 Baths
  • 3,431 SQFT
View details

Beautiful Home That Is Professionally Decorated 4 Bedroom And 4.1 Baths That Are All Finished In Marble. It Features Soaring 12' Ceilings, Distressed Oak Floors, Abundant Shiplap And Lots Of Windows With Great Light. The Gourmet Kitchen Features T...

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, Copyright2020, All rights reserved.

Listing information last updated on October 20th, 2020 at 7:00am CDT.