Listing Board: Emerald Coast
List Price/SqFt: 993.87
List Date: 2026-04-03
Current Price: $2,595,000
List Price: $2,595,000
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
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
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: 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:
Paved Road: 1
Private Road: 1
Survey Available: 1
Within 1/2 Mile to Water: 1
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
Roof Metal: 1
Siding CmntFbrHrdBrd: 1
Electric: 1
Gas - Natural: 1
Public Sewer: 1
Public Water: 1
Balcony: 1
Patio Covered: 1
Patio Open: 1
Porch: 1
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
Dishwasher: 1
Dryer: 1
Range Hood: 1
Refrigerator: 1
Stove/Oven Gas: 1
Washer: 1
Wine Refrigerator: 1
AC - Central Elect: 1
Ceiling Fans: 1
Heat Cntrl Electric: 1
Insulated Doors: 1
Storm Doors: 1
Storm Windows: 1
Water Heater - Elect: 1
MBath Double Vanity: 1
MBath Separate Shwr: 1
MBath Walk-In Closet: 1
MBed First Floor: 1
Bedroom: 1
Dining Area: 1
Full Bathroom: 1
Kitchen: 1
Library: 1
Living Room: 1
Master Bedroom: 1
Management: 1
Master Association: 1
Recreational Faclty: 1
Security: 1
TV Cable: 1
Status: Pending
Under Contract Date: 2026-04-06
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
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