35 Rain Lily Lane, Santa Rosa Beach, FL 32459

New Listing
$2,595,000
Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 2,611 Lot Size (sq. ft.): 5,663 Status: Pending
Current Price: $2,595,000 List Date: 4/04/2026 Last Modified: 4/07/2026

Description

Steps from Western Lake within WaterColor's Phase 3 - the coveted 'Lake District' - 35 Rain Lily offers a rare combination of location, instant livability, and long-term upside in one of 30A's most desired communities. The 2,611 square-foot single-owner, never rented residence features three bedrooms, a bunk room, and a library/flex space currently in process for HOA-approved conversion to a fourth bedroom - all built on a reverse floor plan that places the main living experience on the second level to capture views of the surrounding tree canopy and the sights and sounds of two water features. Tucked away from automobile traffic, the home is two lots from the Boathouse pedestrian bridge over Western Lake and the trail system which connects you to WaterColor's full amenity network:

Supplements: multiple pools, tennis and pickleball courts, fitness center, Camp Watercolor lazy river, nature trails, and a direct path with deeded access to the WaterColor Beach Club. Reclaimed 126-year-old Heart of Pine hardwood floors carry through every room, lending warmth and continuity throughout. Upstairs, 20-foot vaulted ceilings open above a living room anchored by a fireplace, while the kitchen is outfitted for serious use: solid wood self-closing cabinetry, a large walk-in pantry, granite countertops, twin stainless steel dishwashers, dual sinks, a Wolf gas range, and a Sub-Zero refrigerator. The layout flows naturally into dining and outdoor spaces, making the home as functional as it is comfortable. Outdoor living is the star here. The front balcony and patio both offer swinging daybeds overlooking green space and the trail system. At the back of the home, a large deck provides the footprint for expanded entertaining or Design Board tentatively approved additional bedrooms. A fully screened carriage house connects directly to the kitchen and dining spaces and converts easily into an additional private guest suite or full mother-in-law unit overlooking a private yard primed for a sizable pool -- rare in WaterColor at any price. Below, covered two-car parking and bike storage complete the structure. Opportunities at this price point, with the flexibility for immediate use, personalization, or near doubling of existing square footage (deck buildout and carriage house suite) and a pool have largely disappeared from anywhere within WaterColor.

More Information MLS# 999749

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 993.87 List Date: 2026-04-03 Current Price: $2,595,000 List Price: $2,595,000

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 7 Cerulean Landing At Watercolor Pb 15-60 Or 2635- 357 Or 2798-3597

General Property Info

Sub-Type: Detached Single Family Design: Beach House SqFt Source: Building Plan Garage: No Carport: Yes Pool: Yes Pool Type: Community Apx SqFt(Htd/Cooled): 2611 Bedrooms: 3 Full Baths: 3 Half Baths: 1 Total Bathrooms: 4 # Stories: 2 Year Built: 2007 Acreage: 0.13

Listing Info, Tax & Legal

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: 0.5 New Buyer Fee Paid: % Last Taxes: 23989.86 Last Tax Year: 2025 Brokerage Interest: No Interest As Is: No

Remarks & Misc

Remarks: Steps from Western Lake within WaterColor's Phase 3 - the coveted 'Lake District' - 35 Rain Lily offers a rare combination of location, instant livability, and long-term upside in one of 30A's most desired communities. The 2,611 square-foot single-owner, never rented residence features three bedrooms, a bunk room, and a library/flex space currently in process for HOA-approved conversion to a fourth bedroom - all built on a reverse floor plan that places the main living experience on the second level to capture views of the surrounding tree canopy and the sights and sounds of two water features. Tucked away from automobile traffic, the home is two lots from the Boathouse pedestrian bridge over Western Lake and the trail system which connects you to WaterColor's full amenity network:

Construction Status

Construction Complete: 1

Parking Features

Carport: 1 Oversized: 1

Lot/Parcel Access

Paved Road: 1 Private Road: 1

Lot Features

Survey Available: 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 Pool: 1 Short Term Rental - Allowed: 1 Waterfront: 1

Construction/Siding

Roof Metal: 1 Siding CmntFbrHrdBrd: 1

Utilities

Electric: 1 Gas - Natural: 1 Public Sewer: 1 Public Water: 1

Zoning

Resid Single Family: 1

Exterior

Balcony: 1 Patio Covered: 1 Patio Open: 1 Porch: 1

Interior

Breakfast Bar: 1 Built-In Bookcases: 1 Ceiling Vaulted: 1 Fireplace 2+: 1 Fireplace Gas: 1 Floor Hardwood: 1 Floor Marble: 1 Furnished - All: 1 Kitchen Island: 1 Lighting Recessed: 1 Washer/Dryer Hookup: 1 Window Treatmnt Some: 1

Appliances

Dishwasher: 1 Dryer: 1 Range Hood: 1 Refrigerator: 1 Stove/Oven Gas: 1 Washer: 1 Wine Refrigerator: 1

Energy

AC - Central Elect: 1 Ceiling Fans: 1 Heat Cntrl Electric: 1 Insulated Doors: 1 Storm Doors: 1 Storm Windows: 1 Water Heater - Elect: 1

Mstr Bdrm/Mstr Bath

MBath Double Vanity: 1 MBath Separate Shwr: 1 MBath Walk-In Closet: 1 MBed First Floor: 1

Master Bedroom

First: 1

Bedroom

First: 1 Second: 1

Kitchen

Second: 1

Living Room

Second: 1

Full Bathroom

First: 1 Second: 1

Rooms

Bedroom: 1 Dining Area: 1 Full Bathroom: 1 Kitchen: 1 Library: 1 Living Room: 1 Master Bedroom: 1

Fees Include

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

Status Change Info

Status: Pending Under Contract Date: 2026-04-06

Location Tax and Legal

Area: 18 - 30A East Street #: 35 Street Name: Rain Lily Street Suffix: Lane State: FL Zip Code: 32459 County: Walton Project Name/Subdivision: WATERCOLOR Parcel ID: 15-3S-19-25422-000-0070

Property Features

Construction Status: Construction Complete Lot Features: Survey Available; Within 1/2 Mile to Water Zoning: Resid Single Family Parking Features: Carport; Oversized Project Facilities: Beach; Dock; Exercise Room; Fishing; Pavillion/Gazebo; Pets Allowed; Picnic Area; Pool; Short Term Rental - Allowed; Waterfront Exterior: Balcony; Patio Covered; Patio Open; Porch Interior: Breakfast Bar; Built-In Bookcases; Ceiling Vaulted; Fireplace 2+; Fireplace Gas; Floor Hardwood; Floor Marble; Furnished - All; Kitchen Island; Lighting Recessed; Washer/Dryer Hookup; Window Treatmnt Some Appliances: Dishwasher; Dryer; Range Hood; Refrigerator; Stove/Oven Gas; Washer; Wine Refrigerator Utilities: Electric; Gas - Natural; Public Sewer; Public Water Energy: AC - Central Elect; Ceiling Fans; Heat Cntrl Electric; Insulated Doors; Storm Doors; Storm Windows; Water Heater - Elect Master Bedroom: First Bedroom: First; Second Kitchen: Second Living Room: Second Full Bathroom: First; Second Rooms: Bedroom; Dining Area; Full Bathroom; Kitchen; Library; Living Room; Master Bedroom Fees Include: Management; Master Association; Recreational Faclty; Security; TV Cable

Room Information

Master Bedroom Level: First Dimensions: 12.25 x 12.33 Length: 12.25 Width: 12.33 Dimensions: 12.25 x 12.33 Bedroom Level: First Dimensions: 10.5 x 11.38 Length: 10.50 Width: 11.38 Dimensions: 10.5 x 11.38 Full Bathroom Level: First Dimensions: 10.5 x 6.92 Length: 10.50 Width: 6.92 Dimensions: 10.5 x 6.92 Library Level: First Dimensions: 18 x 9.5 Length: 18.00 Width: 9.50 Dimensions: 18 x 9.5 Living Room Level: Second Dimensions: 25 x 15.8 Length: 25.00 Width: 15.80 Dimensions: 25 x 15.8 Kitchen Level: Second Dimensions: 20.9 x 15 Length: 20.90 Width: 15.00 Remarks: L shape Countertops Dimensions: 20.9 x 15 Dining Area Level: Second Dimensions: 20.9 x 15 Length: 20.90 Width: 15.00 Dimensions: 20.9 x 15 Bedroom Level: Second Dimensions: 13.5 x 10.2 Length: 13.50 Width: 10.20 Dimensions: 13.5 x 10.2 Full Bathroom Level: Second Dimensions: 7.5 x 5 Length: 7.50 Width: 5.00 Dimensions: 7.5 x 5
Listing Office: Christies International Real Estate Emerald Coast
Last Updated: April - 07 - 2026
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