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
$5,795,000
↓ $100,000
160 Royal Fern Way Way, Santa Rosa Beach
5
Beds
7
Baths
5,129 SqFt
Detached Single Family
MLS® # 991460
$2,795,000
384 Red Cedar Way, Santa Rosa Beach
3
Beds
4
Baths
2,434 SqFt
Detached Single Family
MLS® # 990594
$3,059,000
↓ $216,000
384 E Royal Fern Way, Santa Rosa Beach
4
Beds
5
Baths
3,271 SqFt
Detached Single Family
MLS® # 988602
$3,440,000
↓ $10,000
144 Royal Fern Way, Santa Rosa Beach
4
Beds
5
Baths
3,504 SqFt
Detached Single Family
MLS® # 987795
$4,250,000
↓ $300,000
114 Pine Needle Way, Santa Rosa Beach
6
Beds
7
Baths
4,552 SqFt
Detached Single Family
MLS® # 985810
$2,495,000
↓ $100,000
114 Sunset Ridge Lane, Santa Rosa Beach
2
Beds
3
Baths
1,732 SqFt
Detached Single Family
MLS® # 985570
$2,895,000
↓ $100,000
164 Pond Cypress Way, Santa Rosa Beach
4
Beds
5
Baths
2,894 SqFt
Detached Single Family
MLS® # 982409
$2,510,000
↑ $15,000
214 Spartina Circle, Santa Rosa Beach
3
Beds
4
Baths
2,284 SqFt
Detached Single Family
MLS® # 981216
$5,250,000
↓ $400,000
93 Park Row Lane, Santa Rosa Beach
6
Beds
6
Baths
3,551 SqFt
Detached Single Family
MLS® # 974047
$3,375,000
↓ $100,000
93 Needlerush Drive, Santa Rosa Beach
5
Beds
5
Baths
2,568 SqFt
Detached Single Family
MLS® # 970920
$4,050,000
↓ $185,000
432 Pine Needle Way, Santa Rosa Beach
5
Beds
6
Baths
4,256 SqFt
Detached Single Family
MLS® # 970538
WaterColor Real Estate Listings - Market Stats
WaterColor sales data is provided by the Emerald Coast Association of Realtors and reflects 12 months of sales data.
| |
# Listings |
Avg. DOM |
Avg. Price |
Highest Price |
Lowest Price |
Avg. Price/SqFt |
Highest Price/SqFt |
Lowest Price/SqFt |
| Active |
35 |
124 |
$4,269,514 |
$11,995,000 |
$1,995,000 |
$1,217 |
$3,400 |
$925 |
| Sold (Last Year) |
73 |
290 |
$3,388,771 |
$9,750,000 |
$1,925,000 |
$1,012 |
$1,580 |
$676 |
Last Year Sales By Month
Highest Sales by Month
May 2025 - 67 Sunflower Street, Santa Rosa Beach, FL
Sold

This exquisite Southern-style cottage is a masterpiece of refined elegance and effortless luxury, nestled within the prestigious WaterColor community. Thoughtfully designed for both relaxation and entertaining, the home's inviting front porch, shaded by...
Detached Single Family
4
Beds
5
Baths
2,967
SqFt
View Details
Jun 2025 - 81 W Watercolor Boulevard, Santa Rosa Beach, FL
Sold

** Private pool concept displayed in photos has been approved by Watercolor DRB. Quotes for project available upon request**
Nestled in the highly sought-after Phase I of Watercolor, this exquisite coastal residence is a true masterpiece. One of only...
Detached Single Family
6
Beds
7
Baths
4,374
SqFt
View Details
Jul 2025 - 23 High Street, Santa Rosa Beach, FL
Sold

Welcome to WaterColor Phase III, where this stunning beach house embodies the best of the Sand Hill lifestyle. Ideally situated near the beloved Frog Pool at Sandhill Circle, this luxury residence is one of just 24 homes in the neighborhood, offering...
Detached Single Family
5
Beds
5
Baths
3,067
SqFt
View Details
Aug 2025 - 11 Dandelion Drive, Santa Rosa Beach, FL
Sold

Nestled on one of the largest lots in the heart of WaterColor's sought-after Cottage District, 11 Dandelion Drive is the finest home in the community, offering six bedrooms, seven and a half bathrooms, and a private Carriage House. This stunning coastal...
Detached Single Family
6
Beds
8
Baths
6,081
SqFt
View Details
Sep 2025 - 220 Climbing Rose Way, Santa Rosa Beach, FL
Sold

Newly Built ⢠Fully Furnished ⢠Priced to Sell
Tucked away in WaterColor's final and most private phase, this new turnkey luxury home backs to the untouched beauty of the State Forestâoffering rare privacy, peace, and proximity to all the amenities that...
Detached Single Family
4
Beds
5
Baths
4,055
SqFt
View Details
Oct 2025 - 100 Flatwood Street, Santa Rosa Beach, FL
Sold

Beautifully secluded in WaterColor Phase III, just steps to the Frog Pool, over the pedestrian bridge to the Boathouse and moments away from the WaterColor Beach Club with multi-level pools, restaurants, bars, and private access to the sugar white sands of...
Detached Single Family
5
Beds
6
Baths
4,029
SqFt
View Details
Nov 2025 - 138 Red Cedar Way, Santa Rosa Beach, FL
Sold

Priced at almost 20% below the average square foot price of all listed homes in WaterColor, this home is waiting for buyers that fit many profiles. Never rented and owned by only two families it has been beautifully maintained and recently updated with...
Detached Single Family
5
Beds
6
Baths
4,090
SqFt
View Details
Jan 2026 - 191 Sand Hill Circle, Santa Rosa Beach, FL
Sold

Positioned on one of the largest - if not the largest - homesites in all of WaterColor and thoughtfully brought to life through a collaboration between renowned architect Geoff Chick, the homeowner, and Cara Richardson of award-winning Lovelace Interiors,...
Detached Single Family
7
Beds
8
Baths
8,314
SqFt
View Details
Feb 2026 - 25 Blue Stem Lane, Santa Rosa Beach, FL
Sold

Now priced to move, and on track to generate ~$300K in rental income this year! This fully furnished, professionally designed new construction home in WaterColor's coveted Lake District is a rare opportunity for second-home seekers or investors looking for...
Detached Single Family
5
Beds
7
Baths
3,617
SqFt
View Details
Mar 2026 - 152 Climbing Rose Way, Santa Rosa Beach, FL
Sold

Discover unparalleled luxury in Phase V Watercolor which is a pristine new section of Watercolor that's rental restricted to 12 months, providing an enclave of privacy and exclusion while still allowing extraordinary access and positioning to enjoy all of...
Detached Single Family
5
Beds
7
Baths
5,440
SqFt
View Details
Apr 2026 - 116 Wiregrass Way, Santa Rosa Beach, FL
Sold

An extraordinary residence in the heart of WaterColor, 116 Wiregrass Way offers more than 5,500 square feet of thoughtfully designed living space with six bedrooms, six full bathrooms, one half bath, and a custom six-bed bunk room. A two-car garage,...
Detached Single Family
6
Beds
7
Baths
5,529
SqFt
View Details
May 2026 - 337 Western Lake Drive, Santa Rosa Beach, FL
Sold

Positioned to capture views of the Gulf, Western Lake, and the protected Point Washington State Park, this home offers a rare blend of privacy, timeless architecture, and coastal elegance in WaterColor's coveted Park District, Welcome to 337 Western Lake...
Detached Single Family
5
Beds
7
Baths
5,297
SqFt
View Details
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 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.
Parks
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.
BoatHouse
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.

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. , and see the various neighborhoods and layouts for yourself.
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.
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.
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.
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.
Scenic 30A Featured Communities
Contact a Watercolor realtor or (850) 325-0004
for more information about the WaterColor real estate market.
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