One of the most popular communities provided by {{page_data.agentName}}

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

$1,226

Avg. $ / Sq.Ft.

$4,121,214

Med. List Price

Browse WATERCOLOR Real Estate Listings

$250,000 - $500,000

Over $5M

7 Properties Found. Page 1 of 1.

Rarely available on WaterColor's Beach Lane, this home offers an exceptional opportunity to own in one of 30A's most sought-after communities. Renovated in 2018, the residence blends timeless coastal style with a generous footprint designed for effortless beachfront living.

Thoughtfully designed and beautifully decorated, the home features expansive living and gathering spaces, along with five bedrooms to comfortably accommodate family and guests. Panoramic Gulf views are showcased throughout, anchoring the home in an elevated and truly exceptional beachfront setting. The layout is designed for both entertaining and everyday living, with multiple living areas that provide flexibility for hosting, relaxing, and extended stays. The five-bedroom configuration, including dual primary suites and a dedicated bunk room, allows for seamless accommodations for larger groups.

With its spacious design, direct access to the private deeded beach, and coveted location in WaterColor, this home offers a rare combination of scale, comfort, and true beachfront living.

Santa Rosa Beach

1942 E County Highway 30A

5 Beds

5 Baths

3,528 Sq.Ft.

$11,995,000

MLS#: 1001216

Located in Phase 2, this one family owned, never before rented home offers the privacy of a backyard preserve, a front yard facing a park area, while also being tucked nicely inside a private cove. This home has one of the largest private family pools inside the Watercolor community and was designed by the Stackable Group and built by Cole construction. A Peacock paver pool deck with fully fenced in back yard expands into a summer kitchen with an outdoor fireplace. The carriage house is fully equipped with a kitchen, full bath and extends over a full capacity two car garage. Inside the home you will find grey washed floors, mosaic marble bathrooms, and soaring ceilings. A large fireplace anchors the living and dining area. This home offers large rental projections while also providing a luxurious secluded space within the community.

Santa Rosa Beach

40 Chapman Oak Way

6 Beds

5 Baths

5,768 Sq.Ft.

$8,000,000

MLS#: 1006685

In WaterColor, the most compelling homes are not simply designed for a week at the beach. They are created for the rhythm of everyday life on 30A. Slow mornings, time outdoors, family gatherings, and the ability to comfortably host the people you love.

At 565 East Royal Fern, that sense of permanence is immediately clear. Built by Borges Brooks Builders and designed by TS Adams, the residence feels less like a traditional vacation property and more like a thoughtfully composed coastal compound. Architecture, craftsmanship, and livability were considered in equal measure, creating a home that is equally suited for quiet daily routines and larger gatherings with family and friends.

The interiors are warm, relaxed, and designed to be lived in. Oak floors by Seashore Flooring extend throughout the home, complementing a natural palette of whites and wood tones. Expansive openings allow sunlight to move easily through the living spaces, while subtle architectural details give each room its own character. Several furnishings were custom designed by the homeowner and handcrafted by Amish craftsmen, adding a personal layer that makes the home feel collected rather than staged.

At the center of the main living space, the kitchen balances beautiful design with the functionality needed for everyday use. A waterfall island offers generous room for meals, homework, conversation, and entertaining, while dome pendants create a clean architectural focal point. A 60-inch Wolf range and Liebherr refrigerator complete the appliance package. The carriage house features quartz countertops and coordinated finishes, allowing it to function comfortably as a private space for extended family, guests, or live-in support.

With eight bedrooms, including the private carriage house, the home provides the flexibility that full-time living often requires. The primary suite is positioned as a true retreat, featuring a spa-style bathroom with a soaking tub, electric fireplace, dual closets, and direct access to a private patio. Guest accommodations are thoughtfully distributed throughout the property, offering privacy without feeling disconnected from the rest of the home.

Practical construction decisions further set the residence apart. The elevated, foam-insulated slab was designed to enhance stability and help prevent floor movement over time. Real stone in the downstairs guest bathroom reflects the emphasis on authentic materials, while EPAY decking throughout the outdoor living areas was selected for its durability in the coastal environment.

Outside, the resort-style pool and covered pavilion become a natural extension of the home. The spaces are designed for more than entertaining, offering room for morning coffee, afternoons by the pool, outdoor dinners, and the everyday moments that make living on 30A so special.

565 East Royal Fern offers the rare opportunity to experience WaterColor not simply as a destination, but as home. It is a residence defined by thoughtful design, lasting craftsmanship, and a more personal, livable interpretation of coastal luxury.

Santa Rosa Beach

565 E Royal Fern Way

10 Beds

7 Baths

6,550 Sq.Ft.

$7,499,000

MLS#: 999794

Situated in WaterColor's coveted Lake District, this exceptional six-bedroom, eight-bathroom residence defines coastal luxury at its finest. Professionally designed and offered fully furnished, the home delivers a seamless blend of sophistication, comfort, and proven rental appeal. Generating $388,479 in 2025 rental revenue with projections of $401,350 in 2026, this residence provides both a refined personal retreat and a strong investment opportunity. The open, airy floor plan was designed for both intimate gatherings and grand entertaining. Anchored by a gourmet kitchen with premium appliances, an oversized island, and custom cabinetry, the space flows effortlessly into the dining area and great room, where a fireplace, coffered ceilings, and designer finishes create a warm yet elevated atmosphere. Expansive glass doors dissolve the boundary between indoors and out, revealing a private outdoor sanctuary with a heated pool and hot tub, covered patio, and fully equipped summer kitchen, perfect for year-round entertaining.

All six bedrooms feature ensuite baths, offering privacy and comfort for guests and family alike. The second-level primary suite boasts a spa-inspired bathroom, private balcony, and expansive walk-in closet. This floor also includes an additional guest suite, a relaxed lounge area, and separate guest quarters complete with kitchenette, bath, and laundry ideal for extended visits.

Accessible via stairs or elevator, the third level features a charming bunk room, additional sitting areas, and extra sleeping accommodations, providing ample space for larger groups. Throughout the home, custom millwork, designer lighting, and curated finishes elevate every detail, reflecting meticulous craftsmanship and thoughtful design.

Ideally located near the WaterColor Beach Club, Camp WaterColor, scenic nature trails, and the boutiques and dining along 30A, this residence offers an unparalleled lifestyle. Whether enjoyed as a full-time home, a luxurious coastal getaway, or a high-performing investment property, 26 Rain Lily Lane stands as a true masterpiece of design, comfort, and coastal living.

Santa Rosa Beach

26 Rain Lily Lane

6 Beds

6 Baths

5,302 Sq.Ft.

$6,295,000

MLS#: 995996

Located in the heart of WaterColor, this corner-lot residence offers multiple porches with Gulf views from its four-story watchtower. Positioned across from the WaterColor Beach Club and just down from Seaside, the home spans more than 5,000 sq ft and includes seven bedrooms, a private pool, and a carriage house. Recent updates feature an additional third-floor bathroom, refreshed flooring, and upgraded lighting. Additional details include a central vacuum system and floor-to-ceiling impact glass windows.

The main living and dining areas are located on the second floor, providing privacy and abundant natural light. The living room features soaring ceilings and French doors that open to generous covered outdoor spaces, creating seamless indoor-outdoor flow.

WaterColor, Florida, is one of 30A's most sought-after communities. Miles of walking and biking trails wind through lush coastal forests, connecting neighborhoods to parks, pools, Western Lake, the Town Center, and the beach. Enjoy multiple community pools, including the expansive Camp WaterColor and the iconic WaterColor Beach Club with Gulf views and beach access. Western Lake and the BoatHouse provide opportunities for kayaking, paddleboarding, and enjoying the area's breathtaking natural surroundings. Beautiful gathering spaces such as Cerulean Park, Marina Park, and Western Lake Park create peaceful place A formal dining area and additional sitting spaces offer flexibility, while the kitchen is equipped with premium appliances, ample cabinetry, and a bar seating area.

Accommodations include suites on each floor and in the carriage house, along with a built-in bunk area. The private pool is positioned between the main house and carriage house, complemented by a wood-burning fireplace and outdoor kitchen. A spacious mudroom includes custom built-ins, two sets of washers and dryers, and a changing room for convenient pool and beach access.

WaterColor offers a wide range of amenities, including a beach club, fitness center, town center, tennis and pickleball courts, walking and biking trails, and a boathouse with access to the lake for paddle boarding and kayaking. The community is also conveniently located just minutes from the dining and entertainment options along Scenic 30A. Inquire today to schedule a private showing and experience all that WaterColor has to offer.

Santa Rosa Beach

81 Western Lake Drive

7 Beds

6 Baths

5,130 Sq.Ft.

$5,950,000

MLS#: 997564

New on site 1 day ago

Located in the heart of WaterColor, this corner-lot residence offers multiple porches and Gulf views from its four-story watchtower. Positioned directly across from the WaterColor Beach Club and just steps from Seaside, the home spans more than 5,000 square feet and includes seven bedrooms, a private pool, and a carriage house.

The main living and dining areas occupy the second floor, offering privacy and abundant natural light. The living room features soaring ceilings and French doors that open to generous covered porches, creating seamless indoor-outdoor flow. A formal dining area and additional sitting spaces add flexibility, while the kitchen is outfitted with premium appliances, ample cabinetry, and bar seating.

Accommodations include suites on every floor and in the carriage house, plus a built-in bunk room. The private pool sits between the main house and carriage house, complemented by a wood-burning fireplace and outdoor kitchen. A spacious mudroom offers custom built-ins, two sets of washers and dryers, and a changing room for easy pool and beach access.

Recent updates include an additional third-floor bathroom, refreshed flooring, and upgraded lighting, along with a central vacuum system and floor-to-ceiling impact glass windows throughout. WaterColor, Florida is one of 30A's most sought-after communities. Miles of walking and biking trails wind through lush coastal forests, connecting neighborhoods to parks, pools, Western Lake, the Town Center, and the beach. Residents enjoy multiple community pools - including the expansive Camp WaterColor and the iconic WaterColor Beach Club with Gulf views and beach access -- plus kayaking and paddle boarding on Western Lake via the BoatHouse. Beautiful gathering spaces such as Cerulean Park, Marina Park, and Western Lake Park round out the community, along with a fitness center, tennis and pickleball courts, and a town center just minutes from the dining and entertainment along Scenic 30A.

Inquire today to schedule a private showing and experience all that WaterColor has to offer.

Santa Rosa Beach

81 Western Lake Drive

7 Beds

6 Baths

5,130 Sq.Ft.

$5,395,000

MLS#: 1011551

Welcome to one of the finest homes in Watercolor! Built by the Coastal Elements team and designed at Q Interior Surfaces, this home embodies beach living at its finest. Featuring a beautiful open floor plan with French Oak flooring, Venetian plaster and white oak beams it is the quintessential Watercolor beach home. As you walk into the home you are greeted by a world class Chef's kitchen boasting custom cabinetry, an oversized island, professional appliances, & a butler pantry. From the kitchen you will be delighted with the open living and dining area with a fireplace which looks out to the fantastic backyard! There you are drawn to the pool, outdoor kitchen, firepit and closed-in porch (with a fireplace and TV). As you make your way to the 2nd floor you will be greeted by 2 additional bedrooms, an office/study and the Master Suite. Continue to the 3rd floor and you find the most impressive fun you can have in a home! Featuring 4 custom built-in adult size bunks, ping pong table, TV/sitting area, full bathroom and an additional "recreational" area this is just the icing on the cake!

Santa Rosa Beach

160 Royal Fern Way Way

5 Beds

6 Baths

5,129 Sq.Ft.

$5,195,000

MLS#: 991460

properties found. properties found. Page of .

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