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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
37
# of Listings
4
Avg # of Bedrooms
$1,148
Avg. $ / Sq.Ft.
$3,305,513
Med. List Price

Browse WATERCOLOR Real Estate Listings

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$250,000 - $500,000

$500,000 - $1M

$1M - $3M

$3M - $5M

Over $5M

21 Properties Found. Page 2 of 2.

Price reduced
Nestled on the corner of E. Royal Fern and Sunflower in the heart of WaterColor, this beautifully maintained 4-bedroom 3.5-bath residence with a one-car garage and inviting outdoor living spaces is offered mostly furnished. Proudly owned by a single family since its completion, this home has been meticulously cared for and thoughtfully updated throughout. The chef's kitchen is a true centerpiece, featuring brand-new custom cabinetry, top-of-the-line Thermador appliances, quartz countertops, newly added open shelving, and a generous walk-in pantry. The open-concept layout flows seamlessly into the main living and dining areas, creating an ideal setting for both everyday living and effortless entertaining. Upstairs is the primary suite with a private porch nestled among the treetops.. the perfect place to unwind. The second level also includes two spacious guest bedrooms with ensuite full bathrooms and smaller third guest bedroom currently being used as a second living area. Recent updates and upgrades include distressed oak flooring, quartz countertops throughout, all full baths beautifully updated, a stylish bar area with dual wine refrigerators, an expansive wraparound screened porch, an outdoor summer kitchen, and a stacked brick gas firepit  perfect for enjoying WaterColor's peaceful evenings and 2 new AC systems. Set within 499 acres of scenic beauty, WaterColor captures the essence of coastal living with its charming architecture, lush landscapes, and unparalleled amenities. This celebrated community, tucked between the Gulf of Mexico and Western Lake  a rare 220-acre coastal dune lake  offers something for everyone. Residents enjoy access to the homeowner-owned Gulf-front Beach Club, the largest on 30A, boasting three resort-style pools, a full-service restaurant, and easy beach-to-pool access. Camp WaterColor offers a lazy river, water slides, additional pools, park areas, and dining options. The community also features miles of walking and biking trails, a boathouse for kayaking and paddleboarding, a world-class tennis facility, and close proximity to Seaside's charming shops and restaurants. Recognized for excellence, WaterColor Resort has earned Forbes' Four-Star designation every year since 2013 and has been named the #1 resort in Northwest Florida by Cond?? Nast Traveler readers. This home embodies the perfect blend of modern comfort, timeless style, and the relaxed luxury that defines the WaterColor lifestyle.
#989248

Santa Rosa Beach

150 E Royal Fern Way

4 Beds

3 Baths

2,293 Sq.Ft.

$2,195,000

MLS#: 989248

New on site 2 days ago
There is perfection and privacy with this stunning southern coastal home. This meticulously maintained beach retreat is surrounded by preserve on two sides and comes fully furnished, and the LSV Golf Cart stored in the attached garage which is great for exploring this golf cart friendly neighborhood. Watercolor has private beach access bordering Grayton Beach State Park, 9 community pools, tennis courts, pickleball, miles of nature trails, direct access to the 19-mile Timpoochee bike trail, beautiful parks, and green space. Numerous clubs and social events will keep the whole family entertained. Complimentary tram service is provided to the Town Center for boutique shopping and restaurants or spend the day at the exclusive Watercolor Beach Club with zero-entry pool, a newly designed direct boardwalk access to the beautiful white beaches and gulf view restaurants. Groundbreaking for the new fitness club and additional four pickleball courts is scheduled for January 2026 at the award-winning Watercolor Tennis Center. Watercolor Crossing, featuring Publix and a variety of stores and restaurants, is directly connected via golf cart path allowing quick and convenient access. The Boathouse by the bridge at Watercolor rents paddle boards and kayaks too. From the inviting front screened porch for relief on those hot summer days with new Ashley outdoor sectional for comfort and capacity to the side screened room for your dinner parties with family and friends, this home has it all. Once you walk through the front door, you will be greeted with a downstairs main level with a dry bar / additional prep area to keep the flow open , living room, dining room, kitchen, walk in pantry with mini refrigerator, ?? bath, a master bedroom with a king size bed, an ensuite bathroom with tiled shower double sinks and walk in closet with custom shelving. Shiplap walls add to the luxurious coastal feel. Designer fixtures and crown molding are featured throughout the entire home. Hardwood floors add beauty and durability while hurricane protection plantation shutters allow abundant interior natural light throughout this gorgeous home. The dining area has an expandable round table and comfortable upholstered chairs for easy conversations. The family room has plenty of seating for everyone. The kitchen is a chef's dream with a gas stove, stainless appliances, white cabinetry, and tile backsplash and walk in pantry. There is lots of prep space with the quartz countertops and 3 bar stools great for breakfast or anyone wanting to help prep or converse with the chef. The furniture and decor were hand-picked by home designers. All fabric downstairs has performance fabric which is perfect for weekly rentals or sticky hands. The upstairs has a bonus room great for reading, gaming, or flex space with daybed. The upstairs master has a king bed, ensuite bathroom with tile shower, and double sinks. The master closet has custom shelving. Off the master bedroom is a 16' x 10' deck with a daybed swing and with new table and chairs for that morning coffee or afternoon sunset. The oversized guest bedroom has two twin bunkbeds, full size bed, desk, TV, walk-in closet with custom shelving, and an ensuite bathroom with tub shower combo and double sinks. This home sleeps 10 comfortably with beds for everyone. Outside you will find an enclosed hot and cold shower and a BBQ area with additional seating perfect for grilling conversations or watching the deer feed in the preserve. Two-car paved parking and garage behind the home provides ample parking and storage for all of your beach gear. The Dragonfly Pool is just a few doors down if you want to relax close to home. This is truly a well-maintained southern coastal home thoughtfully designed for entertaining or relaxing. Ask your realtor for the video tour of this beautiful home. Truly a turnkey home .
#992761

Santa Rosa Beach

44 E Royal Fern Way

3 Beds

3 Baths

2,202 Sq.Ft.

$2,099,000

MLS#: 992761

This Lot is located in the new exclusive area of Phase 5 Watercolor. The Park District is offering 41 custom homes sites, many already built, in the only rental restrictive area of Watercolor. The back of this lot spans along a Preserve offering the homeowner ultimate privacy while still enjoying all the highly sought after Watercolor Amenities.
#976680

Santa Rosa Beach

36 String Lily Cove

None Beds

None Baths

0.12 acres

$1,350,000

MLS#: 976680

Welcome to Park District, Phase 5 of WaterColor. The rental-restricted Park District has 41 custom homesites and has a dedicated pool for the owners. Owners in WaterColor have exclusive access to all amenities in this community, including the Beach Club, Camp WaterColor, Fitness Center, six resort pools, tennis facilities, and much more! Lot 32 is located across the street from Phase 5 park and pool. Your front porch is a perfect place to lounge. Also, Lot 32 String Lily Cove is located in flood zone X (not a flood zone). Choose your custom design or use the plans the current owners have shared.
#979300

Santa Rosa Beach

Lot 32 String Lily Cove

None Beds

None Baths

0.13 acres

$1,325,000

MLS#: 979300

Discover an unparalleled opportunity to build your dream home in the prestigious Park District of Watercolor, Phase V. Lot 37 is a premier homesite, ideally situated at the end of a quiet cul-de-sac on String Lily Cove. This exceptional property offers privacy and tranquility, with a greenbelt behind it and a 20-ft-wide greenway easement between it and the adjacent lot to the right. A completed home on the left further enhances the setting. This shovel-ready lot comes with fully approved and entitled architectural plans designed by Chris Stoyles of Archiscapes, along with all necessary Walton County permits, allowing you to break ground immediately. The current plans feature a stunning 5-bedroom, 7-bathroom home spanning 5,270 sqft of heated/cooled space, plus over 1,300 sqft of covered balconies and porches. The design includes a private pool, a summer kitchen, and an outdoor living area complete with a fire pitensuring the ultimate indoor-outdoor coastal lifestyle. Phase V is Watercolor's final and only short-term rental-restricted phase, ensuring a peaceful residential atmosphere. Residents also have access to an exclusive community pool available only to the owners of the 41 homesites within the phase. As a Watercolor homeowner, you'll enjoy exclusive access to world-class amenities, including the Watercolor Beach Club, featuring three Gulf-front pools, cabanas, a tiki bar, and dining options. Camp Watercolor offers a family-friendly water park with slides, a lazy river, and a casual dining area. Outdoor enthusiasts will appreciate direct access to Western Lake for kayaking and paddle boarding. The community's extensive trail system, lush parks, and beautifully landscaped common areas provide endless opportunities for recreation and relaxation. This is a rare opportunity to secure one of the most desirable homesites in 30A's largest master-planned community. Don't miss your chance to own a piece of paradise in Watercolor. For more details or to schedule a site visit, contact us today.
#981605

Santa Rosa Beach

72 String Lily Cove

None Beds

None Baths

0.13 acres

$1,299,000

MLS#: 981605

Beautiful Phase 5 homesite in Watercolor. The newest section of Watercolor is a rental restricted neighborhood with its own pool and access to all of the amazing Watercolor amenities. This lot backs up to green space and is located on a cul de sac.
#954589

Santa Rosa Beach

40 String Lily Cove Cove

None Beds

None Baths

0.14 acres

$1,299,000

MLS#: 954589

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