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WATERCOLOR

One of the most popular communities provided by Gulf Life Real Estate

WATERCOLOR

About WATERCOLOR

WaterColor is a coastal community located in Northwest Florida near the popular vacation destination of Destin. WaterColor real estate encompasses a variety of housing options, including single-family homes, townhomes, condos, cottages, and luxury estates. The real estate in WaterColor typically features a blend of traditional coastal architecture with modern amenities and high-end finishes. Many properties in WaterColor offer views of the Gulf of Mexico, coastal dune lakes, or lush natural surroundings. Residents of WaterColor enjoy access to a range of upscale amenities, such as private beach access, swimming pools, tennis courts, fitness facilities, restaurants, shops, and walking/biking trails. The community is known for its meticulously landscaped grounds, charming coastal design aesthetic, and family-friendly atmosphere. WaterColor real estate is highly sought after due to its prime location along the Emerald Coast, its resort-style living, and its proximity to a wide range of outdoor recreational opportunities.
One of the most popular communities provided by Gulf Life Real Estate
28
# of Listings
4
Avg # of Bedrooms
$1,217
Avg. $ / Sq.Ft.
$3,860,964
Med. List Price

Browse WATERCOLOR Real Estate Listings

12 Properties Found. Page 1 of 1.

New on site 4 days ago
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

New on site today
Here's an MLS-ready version at approximately 800 characters:

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

Exceptional Gulf-View Residence in Prime WaterColor Location

Ideally situated just two blocks from the beach on a quiet street, this 5-bedroom, 5.5-bath WaterColor home offers rare elevated Gulf views, strong rental performance, and extensive recent upgrades. Positioned among the highest vantage points in the community, the property captures sweeping views of the Gulf, Seaside, and surrounding coastal landscape, highlighted by a rooftop deck designed for sunrise and sunset enjoyment.

The home features multiple indoor and outdoor living spaces, including expansive porches, a private rear deck with gas fire pit and grill, and a rooftop terrace with panoramic sightlines. 

The kitchen is well-appointed with Sub-Zero refrigeration, Wolf appliances, an oversized island with seating, and custom cabinetry by Smallbone of England. Interiors were professionally designed by Beau Interiors and are offered furnished (with exclusions).

Recent improvements include new electrical throughout, new decking, recessed lighting, one new HVAC unit, new window treatments, new hot water heater, paved driveway, and updated marble surfaces in the kitchen. 

The backyard faces toward Seaside and the Gulf, and a contractor has verified space for a potential pool installation. Located within close proximity to the Truman House and in one of WaterColor's most desirable rental areas, the property has generated approximately $175-200K annually in gross rental revenue over the past two years.

Buyer to verify all information and dimensions.
#787994

Santa Rosa Beach

146 Silver Laurel Way

5 Beds

5 Baths

3,972 Sq.Ft.

$4,499,000

MLS#: 787994

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

Some homes are admired for their architecture. Others for their location. The  exceptional are remembered for both.
Nestled on a coveted corner homesite along one of Watercolor's most desirable streets, 109 Dandelion Drive captures the timeless coastal charm that made Phase I the heart of this iconic community. Thoughtfully remodeled and refreshed by Owens Design Group, this five-bedroom, four-bath residence blends classic Southern architecture with sophisticated interiors, creating a home that feels both elegant and effortlessly welcoming.
Life here unfolds at an easy pace. Morning coffee on the porch, afternoons at the Beach Club or on the tennis courts, Seaside just a short stroll from your front door, and evenings spent gathering with family and friends in warm, inviting living spaces. The thoughtfully designed floor plan offers a private first-floor guest suite with its own screened porch, while the spacious primary suite provides a peaceful sanctuary with a luxurious bath and private balcony.
Just as rare is the opportunity waiting beyond the home's walls. The generous homesite offers ample room to create an exceptional outdoor living experience with a private pool, summer kitchen, and inviting spaces for entertaining or simply relaxing beneath the coastal sky--a feature seldom found in Watercolor's original Phase I.
Perfectly positioned across from the Tennis Center and the new Fitness Center, and just moments from Camp Watercolor, the Beach Club, community pools,
#1002970

Santa Rosa Beach

109 Dandelion Drive

5 Beds

4 Baths

3,748 Sq.Ft.

$4,485,000

MLS#: 1002970

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

Set in WaterColor's coveted Camp District, directly across from the lily pond and bordered on two sides by forest, this Geoff Chick-designed home offers a rare sense of privacy and serenity in the heart of the community. Camp WaterColor is just a short walk away, while a quick bike or golf cart ride takes you to the WaterColor Beach Club.

Custom-designed for this homesite, the architecture takes full advantage of its natural surroundings. Windows line the sides of the home where the view is nothing but trees, filling the interiors with natural light while preserving a strong sense of seclusion. Soaring ceilings and abundant glass make the home feel open and airy throughout.

The main level unfolds into an expansive living and dining space beneath twelve-foot ceilings, anchored by a striking custom nautical-inspired staircase and a gas fireplace. Rich American walnut floors run throughout, while the generous kitchen features a large island, deep pantry, and wet bar designed for effortless entertaining.

Across three floors, the home offers five bedrooms, four and a half baths, and 3,363 square feet. The second level includes the primary suite, two guest rooms each with an en suite bath, and a spacious landing with additional seating, while the third floor creates a private retreat with two additional bedrooms adjoining an entertainment room.

Balconies overlook the peaceful lily pond, while the rear patio opens to a secluded forested setting with ample room to add a pool. Ownership includes access to WaterColor's exceptional amenities, including ten community pools, the Gulf-front Beach Club, Camp WaterColor and its lazy river, tennis, pickleball, fitness center, the Boathouse on Western Lake, and miles of shaded trails. Seaside and the restaurants and shops of 30A are an easy bike ride away.

Offered furnished and rental-ready, with 2025-26 rental history and forward bookings available upon request.
#1010569

Santa Rosa Beach

445 W Lake Forest Drive

5 Beds

4 Baths

3,363 Sq.Ft.

$3,590,000

MLS#: 1010569

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

New on site 1 day ago
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

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