26 Rain Lily Lane, Santa Rosa Beach, FL 32459

New Listing
$6,295,000
Property Type: Residential Bedrooms: 6 Baths: 8 Square Footage: 5,302 Lot Size (sq. ft.): 6,098 Status: Active
Current Price: $6,295,000 List Date: 2/23/2026 Last Modified: 2/23/2026

Description

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.

Supplements: 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.

More Information MLS# 995996

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 1187.29 List Date: 2026-02-23 Current Price: $6,295,000 List Price: $6,295,000

Location, Tax and Legal

Sub Area: 1802 - S. of 98 W of Camp Creek Elementary School: Dune Lakes Middle School: Emerald Coast High School: South Walton Legal Description: LOT 2 CERULEAN LANDING AT WATERCOLOR PB 15-60 OR 2617-3605 OR 3075-3282 OR 3147-1438 OR 3148-1654

General Property Info

Sub-Type: Detached Single Family Design: Beach House SqFt Source: Building Plan Garage: Yes Carport: No Driveway Spaces: 2 Pool: Yes Pool Type: Private Apx SqFt(Htd/Cooled): 5302 Bedrooms: 6 Full Baths: 6 Half Baths: 2 Total Bathrooms: 8 # Stories: 3 Year Built: 2020 Garage Spaces: 2 Acreage: 0.14

Listing Info, Tax & Legal

Homestead: No Is Subject Leased: No Assessment Fees: Yes Assessment Amount: 1560 Annual Assessment Amount: 6240 Assessment Paid: Quarterly New Buyer Fee: Yes New Buyer Fee Amt: 307 New Buyer Fee Paid: $ Last Taxes: 38755.58 Last Tax Year: 2025 Brokerage Interest: No Interest As Is: Yes

Remarks & Misc

Remarks: 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.

Construction Status

Construction Complete: 1

Parking Features

Garage: 1 Garage Attached: 1

Lot/Parcel Access

Paved Road: 1 Private Road: 1

Lot Features

Covenants: 1 Restrictions: 1 Within 1/2 Mile to Water: 1

Project Facilities

Beach: 1 Dock: 1 Exercise Room: 1 Fishing: 1 Pavillion/Gazebo: 1 Pets Allowed: 1 Picnic Area: 1 Playground: 1 Pool: 1 Short Term Rental - Allowed: 1 Tennis: 1 TV Cable: 1 Waterfront: 1

Construction/Siding

Frame: 1 Roof Metal: 1 Roof Pitched: 1 Siding CmntFbrHrdBrd: 1 Trim Wood: 1

Utilities

Electric: 1 Gas - Natural: 1 Public Sewer: 1 Public Water: 1 Tap Fee Paid: 1 Underground: 1

Zoning

Resid Single Family: 1

Exterior

Balcony: 1 BBQ Pit/Grill: 1 Pool - Gunite Concrt: 1 Pool - In-Ground: 1 Porch: 1 Shower: 1

Interior

Breakfast Bar: 1 Fireplace: 1 Fireplace Gas: 1 Floor Hardwood: 1 Furnished - All: 1 Kitchen Island: 1 Lighting Recessed: 1 Pantry: 1 Washer/Dryer Hookup: 1 Window Treatment All: 1 Woodwork Painted: 1

Appliances

Cooktop: 1 Dishwasher: 1 Dryer: 1 Microwave: 1 Range Hood: 1 Refrigerator W/IceMk: 1 Smoke Detector: 1 Stove/Oven Gas: 1 Washer: 1 Wine Refrigerator: 1

Energy

AC - 2 or More: 1 AC - Central Elect: 1 Ceiling Fans: 1 Heat - Two or More: 1 Heat Cntrl Electric: 1 Storm Doors: 1 Storm Windows: 1 Water Heater - Gas: 1 Water Heater - Tnkls: 1

Mstr Bdrm/Mstr Bath

MBath Double Vanity: 1 MBath Separate Shwr: 1 MBath Tile: 1 MBed Balcony: 1 MBed First Floor: 1 MBed Sitting Area: 1 MBed Walk-in Closet: 1

Master Bedroom

Second: 1

Bedroom

First: 1 Second: 1

Kitchen

First: 1

Rooms

Bedroom: 1 Dining Area: 1 Great Room: 1 Kitchen: 1 Master Bedroom: 1

Fees Include

Management: 1 Master Association: 1 Recreational Faclty: 1 Security: 1 TV Cable: 1

Status Change Info

Status: Active

Location Tax and Legal

Area: 18 - 30A East Street #: 26 Street Name: Rain Lily Street Suffix: Lane State: FL Zip Code: 32459 County: Walton Project Name/Subdivision: WATERCOLOR Parcel ID: 15-3S-19-25422-000-0020

Property Features

Construction Status: Construction Complete Lot Features: Covenants; Restrictions; Within 1/2 Mile to Water Zoning: Resid Single Family Parking Features: Garage; Garage Attached Project Facilities: Beach; Dock; Exercise Room; Fishing; Pavillion/Gazebo; Pets Allowed; Picnic Area; Playground; Pool; Short Term Rental - Allowed; Tennis; TV Cable; Waterfront Exterior: Balcony; BBQ Pit/Grill; Pool - Gunite Concrt; Pool - In-Ground; Porch; Shower Interior: Breakfast Bar; Fireplace; Fireplace Gas; Floor Hardwood; Furnished - All; Kitchen Island; Lighting Recessed; Pantry; Washer/Dryer Hookup; Window Treatment All; Woodwork Painted Appliances: Cooktop; Dishwasher; Dryer; Microwave; Range Hood; Refrigerator W/IceMk; Smoke Detector; Stove/Oven Gas; Washer; Wine Refrigerator Utilities: Electric; Gas - Natural; Public Sewer; Public Water; Tap Fee Paid; Underground Energy: AC - 2 or More; AC - Central Elect; Ceiling Fans; Heat - Two or More; Heat Cntrl Electric; Storm Doors; Storm Windows; Water Heater - Gas; Water Heater - Tnkls Master Bedroom: Second Bedroom: First; Second Kitchen: First Rooms: Bedroom; Dining Area; Great Room; Kitchen; Master Bedroom Fees Include: Management; Master Association; Recreational Faclty; Security; TV Cable

Room Information

Great Room Level: First Dimensions: 19 x 14 Length: 19.00 Width: 14.00 Dimensions: 19 x 14 Dining Area Level: First Dimensions: 19 x 14 Length: 19.00 Width: 14.00 Dimensions: 19 x 14 Kitchen Level: First Dimensions: 18 x 17 Length: 18.00 Width: 17.00 Dimensions: 18 x 17 Bedroom Level: First Dimensions: 13.5 x 14.5 Length: 13.50 Width: 14.50 Dimensions: 13.5 x 14.5 Bedroom Level: Second Dimensions: 16.7 x 19 Length: 16.70 Width: 19.00 Dimensions: 16.7 x 19 Bedroom Level: Second Dimensions: 12 x 12.5 Length: 12.00 Width: 12.50 Dimensions: 12 x 12.5 Bedroom Level: Second Dimensions: 13 x 13 Length: 13.00 Width: 13.00 Dimensions: 13 x 13 Master Bedroom Level: Second Dimensions: 21 x 22 Length: 21.00 Width: 22.00 Dimensions: 21 x 22
Listing Office: Scenic Sotheby's International Realty
Last Updated: February - 23 - 2026
Broker Attribution: dahlerandco@scenicsir.com

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.