37 Royal Fern Way, Santa Rosa Beach, FL 32459

$2,475,000
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 2,362 Status: Sold
Current Price: $2,695,000 List Date: 2/11/2025 Last Modified: 3/31/2025

Description

Welcome to your dream coastal retreat in the heart of WaterColor, Florida! 37 Royal Fern Way is situated on an expansive lot in WaterColor, the property offers a unique opportunity to add significant value. There is ample room to construct a garage and a charming carriage house, enhancing both functionality and property value. The home features a large front porch with a cozy swing bed, perfect for enjoying the coastal breeze. The expansive back porch provides additional outdoor living space, ideal for dining al fresco or relaxing after a day at the beach. This property offers your own private oasis as you will enjoy the luxury of having one of the largest private pools in WaterColor right in your backyard, a perfect spot for relaxation and entertaining. The adjacent hot tub offers a

Supplements: serene place to unwind, while the outdoor shower adds convenience after beach outings. With a peaceful setting, the property backs onto a tranquil wooded area, providing privacy and a picturesque natural backdrop. This exquisite 4-bedroom, 3.5-bathroom beach house offers the perfect blend of luxury, comfort, and potential for future enhancements. WaterColor is a highly sought-after vacation destination, and this property has a strong track record of rental income. Investing in this home not only provides a luxurious personal retreat but also offers the opportunity for substantial rental revenue. With four generously sized bedrooms including a first-floor mini master suite with an ensuite bath, a second floor master suite with large master bath to include a water closet, dual vanities, a soaking tub and stand-alone shower, an additional 2nd floor guest bedroom and a dedicated bunkroom that comfortably accommodates six, making this property perfect for hosting additional guests or creating a fun space for children and a 3rd full bathroom completes the upstairs. This 2,362 square foot home provides ample space for family and guests. The residence boasts high ceilings and gleaming wood floors throughout, creating an airy and inviting atmosphere. The home's design emphasizes natural light, creating bright and cheerful living spaces. Culinary enthusiasts will appreciate the modern kitchen equipped with granite countertops and stainless steel appliances, a central work island, and a breakfast bar, ideal for casual dining and entertaining. For more formal gatherings, the home features a dedicated dining room that offers a refined space to host family dinners and celebrations. This residence is being sold fully furnished, allowing you to move in and start enjoying the WaterColor lifestyle immediately. This property is located in the resort neighborhood of Watercolor, nestled between the stunning Gulf coastline and serene Western Lake. WaterColor offers a unique blend of beach and lakefront living and is renowned for its beautifully preserved natural landscapes. As a resident of WaterColor, you will have access to an array of exceptional upscale amenities. WaterColor is home to 9 community pools, including three offering unobstructed Gulf views at the Watercolor Beach Club and three at Camp WaterColor featuring two pools with slides, a lazy river, playground, and basketball court. Throughout Watercolor you will find 5 miles of hiking and biking trails, multiple park areas and several docks that are great to let the kids fish in. The community is designed to have a small-town feel and is perfect for exploring on foot or by bike. Quaint streets and pathways connect homes to the community's parks, lush green spaces and shops. Resident also have access to both tennis and pickle ball courts and a pro shop with tennis gear. Private lessons, group clinics and other activities are available throughout the year. The community also includes access to a boathouse on Western Lake with paddle boards, kayaks and fishing equipment; an outdoor amphitheater; a lakeside pool; and a bike barn. This property is more than just a home; it is an opportunity to embrace the coveted WaterColor lifestyle while adding your personal touch. Don't miss the chance to make this exceptional beach house your own!

More Information MLS# 968336

Status Change Info

Sold Price/SqFt: 1047.84 Status: Sold Under Contract Date: 2025-03-09 Sold Date: 2025-03-31 Sold Price: $2,475,000

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 1140.98 List Date: 2025-02-11 Current Price: $2,475,000 List Price: $2,695,000

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 32 CYPRESS COVE AT WATERCOLOR S/D PB 15-44 OR 2576-1571 OR 2751-4903 OR 2850-440 OR 2866-1973 OR 2869-982 OR 2936-4888

General Property Info

Sub-Type: Detached Single Family Design: Beach House SqFt Source: County PA Records Immediate Occupancy: Yes Garage: No Carport: No Pool: Yes Pool Type: Private Apx SqFt(Htd/Cooled): 2362 Bedrooms: 4 Full Baths: 3 Half Baths: 1 Total Bathrooms: 4 # Stories: 2 Year Built: 2007

Listing Info, Tax & Legal

Who Paid Doc Stamps: Seller Who Paid Title: Buyer Homestead: No Is Subject Leased: No Assessment Fees: Yes Assessment Amount: 1510 Annual Assessment Amount: 6040 Assessment Paid: Quarterly New Buyer Fee: Yes New Buyer Fee Amt: 307 New Buyer Fee Paid: $ Last Taxes: 17256.97 Last Tax Year: 2024 Brokerage Interest: No Interest As Is: No

Remarks & Misc

Remarks: Welcome to your dream coastal retreat in the heart of WaterColor, Florida! 37 Royal Fern Way is situated on an expansive lot in WaterColor, the property offers a unique opportunity to add significant value. There is ample room to construct a garage and a charming carriage house, enhancing both functionality and property value. The home features a large front porch with a cozy swing bed, perfect for enjoying the coastal breeze. The expansive back porch provides additional outdoor living space, ideal for dining al fresco or relaxing after a day at the beach. This property offers your own private oasis as you will enjoy the luxury of having one of the largest private pools in WaterColor right in your backyard, a perfect spot for relaxation and entertaining. The adjacent hot tub offers a

Construction Status

Construction Complete: 1

Lot Features

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

Project Facilities

Beach: 1 Deed Access: 1 Fishing: 1 Pets Allowed: 1 Pickle Ball: 1 Picnic Area: 1 Playground: 1 Pool: 1 Short Term Rental - Allowed: 1 Tennis: 1 TV Cable: 1 Waterfront: 1

Construction/Siding

Roof Metal: 1 Siding CmntFbrHrdBrd: 1

Utilities

Electric: 1 Phone: 1 Public Sewer: 1 Public Water: 1 TV Cable: 1

Zoning

Resid Single Family: 1

Exterior

Fenced Back Yard: 1 Hot Tub: 1 Patio Open: 1 Pool - Heated: 1 Pool - In-Ground: 1 Porch Open: 1 Shower: 1

Interior

Breakfast Bar: 1 Built-In Bookcases: 1 Ceiling Crwn Molding: 1 Ceiling Raised: 1 Ceiling Vaulted: 1 Floor Hardwood: 1 Furnished - All: 1 Kitchen Island: 1 Lighting Recessed: 1 Owner's Closet: 1 Washer/Dryer Hookup: 1 Window Treatment All: 1 Woodwork Painted: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Microwave: 1 Refrigerator: 1 Smoke Detector: 1 Stove/Oven Gas: 1 Washer: 1

Energy

AC - 2 or More: 1 Ceiling Fans: 1 Heat Cntrl Electric: 1 Water Heater - Elect: 1

Mstr Bdrm/Mstr Bath

MBath Cultured Mrble: 1 MBath Double Vanity: 1 MBath Garden Tub: 1 MBath Separate Shwr: 1 MBath Tile: 1 MBed Cthdrl Ceiling: 1 MBed Walk-in Closet: 1

Master Bedroom

Second: 1

Bedroom

First: 1 Second: 1

Kitchen

First: 1

Living Room

First: 1

Rooms

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

Fees Include

Ground Keeping: 1 Internet Service: 1 Security: 1 Trash: 1 TV Cable: 1

Location Tax and Legal

Area: 18 - 30A East Street #: 37 Street Name: Royal Fern Street Suffix: Way State: FL Zip Code: 32459 County: Walton Project Name/Subdivision: WATERCOLOR Parcel ID: 14-3S-19-25400-000-0320

Property Features

Construction Status: Construction Complete Lot Features: Covenants; Restrictions; Within 1/2 Mile to Water Zoning: Resid Single Family Project Facilities: Beach; Deed Access; Fishing; Pets Allowed; Pickle Ball; Picnic Area; Playground; Pool; Short Term Rental - Allowed; Tennis; TV Cable; Waterfront Exterior: Fenced Back Yard; Hot Tub; Patio Open; Pool - Heated; Pool - In-Ground; Porch Open; Shower Interior: Breakfast Bar; Built-In Bookcases; Ceiling Crwn Molding; Ceiling Raised; Ceiling Vaulted; Floor Hardwood; Furnished - All; Kitchen Island; Lighting Recessed; Owner's Closet; Washer/Dryer Hookup; Window Treatment All; Woodwork Painted Appliances: Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Smoke Detector; Stove/Oven Gas; Washer Utilities: Electric; Phone; Public Sewer; Public Water; TV Cable Energy: AC - 2 or More; Ceiling Fans; Heat Cntrl Electric; Water Heater - Elect Master Bedroom: Second Bedroom: First; Second Kitchen: First Living Room: First Rooms: Bedroom; Dining Area; Kitchen; Living Room; Master Bathroom; Master Bedroom Fees Include: Ground Keeping; Internet Service; Security; Trash; TV Cable

Room Information

Kitchen Level: First Dimensions: 15 x 14 Length: 15.00 Width: 14.00 Dimensions: 15 x 14 Living Room Level: First Dimensions: 28 x 15 Length: 28.00 Width: 15.00 Dimensions: 28 x 15 Dining Area Level: First Dimensions: 14 x 12 Length: 14.00 Width: 12.00 Dimensions: 14 x 12 Master Bedroom Level: Second Dimensions: 15 x 11 Length: 15.00 Width: 11.00 Dimensions: 15 x 11 Master Bathroom Level: Second Dimensions: 11 x 6 Length: 11.00 Width: 6.00 Dimensions: 11 x 6 Bedroom Level: First Dimensions: 15 x 11 Length: 15.00 Width: 11.00 Dimensions: 15 x 11 Bedroom Level: Second Dimensions: 11 x 11 Length: 11.00 Width: 11.00 Dimensions: 11 x 11 Bedroom Level: Second Dimensions: 12 x 9 Length: 12.00 Width: 9.00 Dimensions: 12 x 9
Listing Office: The Beach Group Properties LLC
Last Updated: March - 31 - 2025
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.