Watercolor Homes for Sale

Watercolor Homes for Sale

Welcome to Watercolor, a picturesque subdivision nestled in the heart of Santa Rosa Beach, Florida, within the stunning Walton County. Known for its charming coastal ambiance and vibrant community, Watercolor offers a unique blend of luxury and natural beauty, making it an ideal destination for those seeking a serene lifestyle by the Gulf of Mexico.

This enchanting neighborhood is characterized by its beautiful homes, which are thoughtfully designed to harmonize with the lush surroundings. From classic Southern architecture to modern coastal designs, the homes for sale in Watercolor cater to a variety of tastes and lifestyles. Each property boasts high-end finishes, spacious layouts, and outdoor living spaces that invite you to enjoy the breathtaking views and gentle breezes of the Florida coast.

Watercolor is more than just a collection of stunning homes; it’s a lifestyle. The community is renowned for its stunning walking trails, scenic parks, and proximity to pristine beaches. Residents enjoy access to a wealth of amenities, including refreshing pools, a vibrant town center filled with boutique shops and gourmet dining, and recreational activities that range from kayaking to biking along the scenic nature trails.

Whether you’re looking for a vacation retreat or a permanent residence, Watercolor offers a perfect blend of relaxation and adventure. With homes for sale that cater to diverse needs, there's no better time to explore the possibilities that await you in this idyllic coastal community. Embrace the charm of Watercolor and discover your dream home today!

Newest Watercolor Homes for Sale

$2,500,000
5 Beds 5 Baths 1008482 MLS
Welcome to 'Stay Salty', a beautifully updated five-bedroom, four-and-a-half-bath home located on a highly sought-after corner lot in the WaterColor community. Professionally designed by Three Dog Design and sold fully furnished with a four-person golf cart, this property comfortably sleeps 12 and has been extensively upgraded throughout. A true turnkey opportunity for luxury living or high-performing short-term rental ownership. The open, light-filled floor plan features high ceilings and coastal-inspired interiors. The spacious living and dining areas flow into a custom kitchen with quartz countertops, stainless steel appliances, and a large island with seating. The main-level primary suite offers a spa-style bath, while upstairs includes additional king and queen suites, a double-queen room, a twin bunk nook, and a secondary living area with a private balcony. Outdoor spaces include a screened patio with grill, covered front porch, upper balcony, and expansive side deck surrounded by mature landscaping. The home includes a garage suitable for the golf cart or a small vehicle, plus driveway parking for two vehicles. Rental performance is exceptional, producing $130,508.05 in 2024, $158,259.47 for 2025, and $171,481.25 for 2026 (all gross revenue numbers excluding taxes collected) with new reservations coming in daily and lots of owner use! Over 60 five-star reviews across all OTA's and a 12% repeat guest rate year-to-date highlight its proven appeal. Owners and guests enjoy full access to WaterColor's top-tier amenities including resort-style pools, tennis and pickleball courts, trails, parks, and the private WaterColor Beach Club. Just minutes from Seaside, 30A dining, and the Gulf, this corner-lot home combines design, comfort, and strong investment potential in one of 30A's most desirable neighborhoods.

5 Red Basil Dr, Santa Rosa Beach

$4,489,000
5 Beds 6 Baths 1006733 MLS
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.

514 E Royal Fern Way, Santa Rosa Beach

$3,299,000
4 Beds 5 Baths 1004924 MLS
Grace, privacy, and refined functionality come together in this beautifully updated four bedroom, four and a half bath residence by David Weekley Homes, ideally located in WaterColor's sought after Cypress Cove district. With a large backyard and near a serene natural preserve, the home offers a peaceful backdrop for everyday living or extended stays along 30A. A soaring 25 foot foyer creates an impressive first impression and leads past a private study with French doors into a light filled family room, spacious dining area, and gourmet kitchen. Newly refreshed with a reimagined island, striking backsplash, and all new flooring, the kitchen features JennAir Pro Series appliances, Timberlake cabinetry, and marble countertops, making it ideal for entertaining or gathering with family. The dining area flows seamlessly to a screened porch overlooking lush greenery. The first floor owner's retreat offers private porch access and a luxurious bath with dual vanities and a soaking tub. Upstairs, three additional bedrooms, including a second floor master, an ensuite bedroom, and a bunk room, along with a second sitting area, provide ample space for guests. Thoughtful details include shiplap accents, oak flooring throughout, glass tile finishes, and a one car garage. Near WaterColor Crossings and moments from the Gulf, this home offers access to resort style pools, tennis, a fitness center, trails, and the gulf front Beach Club.

144 Royal Fern Way, Santa Rosa Beach

$4,695,000
6 Beds 6 Baths 1004623 MLS
21 Blackwater Street presents a rare opportunity to own one of 30A's most compelling waterfront residences--offered at an extraordinary value, approximately $800,000 below appraised value. Spanning 4,563 square feet across three thoughtfully designed levels, this six-bedroom, five-and-a-half-bathroom home blends refined architecture, sophisticated interiors, and an unparalleled connection to the natural beauty that defines the Emerald Coast. From the moment you enter, a rich blend of maple and walnut cherry hardwood flooring, a striking glass-railed staircase, and expansive lake views establish a sense of understated elegance. The main living area is anchored by custom built-ins and framed by windows that capture the ever-changing scenery of Western Lake. Designed for both entertaining and everyday living, the chef's kitchen features an oversized island, a Viking range, built-in coffee system, premium Liebherr refrigerator, and generous gathering spaces that flow seamlessly to multiple porches overlooking the water. The second-floor primary suite offers a private retreat with its own balcony, dual walk-in closets complete with custom cabinetry, a dedicated makeup vanity, and a spa-inspired bath featuring a soaking tub and separate shower room. Additional accommodations include spacious guest suites, a custom bunk room, a media room with built-ins, and a fitness room with wet bar, creating exceptional flexibility for hosting family and friends. Outdoor living is equally impressive. An intimate courtyard centered around a fireplace and fountain invites relaxed evenings beneath the stars, while oversized screened porches provide front-row views of one of South Walton's most treasured coastal dune lakes. A two-car garage, abundant storage, and carefully curated design details throughout enhance both comfort and functionality. Just moments from WaterColor's celebrated amenities--including resort-style pools, nature trails, parks, and access to the Gulf--and within easy walking, biking, or golf cart distance of Seaside, acclaimed dining, boutique shopping, and the sugar-white beaches of 30A, this residence embodies the effortless luxury and coastal lifestyle for which the community is renowned. Short-term rentals are permitted, further enhancing the property's versatility and investment potential.

21 Blackwater St, Santa Rosa Beach

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