765 Western Lake Drive, Santa Rosa Beach, FL 32459

New Listing
$3,750,000
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 2,745 Lot Size (sq. ft.): 5,227 Status: Active
Current Price: $3,750,000 List Date: 5/04/2026 Last Modified: 5/04/2026

Description

Welcome to this beautifully renovated WaterColor home in the coveted Phase I, perfectly positioned on the north side of Western Lake Drive with a rare private backyard. One of few WaterColor homes in Phase I to have a pool/spa and private backyard. The main living area is open and inviting, with coffered ceilings and marble countertops in both the kitchen and baths. Natural light fills the space, and the living and dining areas look out to a peaceful, private setting with a subtle glimpse of Western Lake.

Supplements: A flexible first-floor guest room--currently used as a media room--can easily be converted back into a bedroom, making it ideal for hosting family and friends. Upstairs, the primary suite has been thoughtfully expanded into a spacious retreat, complete with a large bath, marble finishes, and a walk-in closet with a stackable washer and dryer (a second stackable washer/dryer is also located on the first floor). Each additional bedroom features its own en-suite bath, offering comfort and privacy for guests. The backyard is designed for relaxed coastal living, with a private pool and spa, summer kitchen, and outdoor fireplace. A fully fenced yard provides space to unwind, entertain, or enjoy time with kids and pets. WaterColor offers an elevated coastal lifestyle defined by exceptional amenities and effortless access to everything that makes 30A so special. The private Beach Club is just a short bike ride away, where you can spend your days taking in panoramic Gulf views and the area's signature sugar-white sand. More than five miles of beautifully maintained trails wind throughout the community, inviting peaceful morning walks or bike rides beneath a canopy of mature trees and along the serene shoreline of Western Lake. For those drawn to the water, access to canoes, kayaks, and paddleboards offers a seamless way to enjoy the rare coastal dune-lake setting. Enjoy thoughtfully curated amenities, including Camp WaterColor, the iconic Frog Pool, and a future fitness center. Just beyond your doorstep, a charming stroll or bike ride connects you to the renowned dining and boutique shopping of Seaside. Whether you're looking for a place to enjoy with family or a home that can generate income when you're away, this property offers the best of both.

More Information MLS# 1002176

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 1366.12 List Date: 2026-05-02 Current Price: $3,750,000 List Price: $3,750,000

Location, Tax and Legal

Sub Area: 1802 - S. of 98 W of Camp Creek Elementary School: Van R Butler Middle School: Emerald Coast High School: South Walton Legal Description: LOT 27 LAKE DISTRICT AT WATER COLOR PB 14-33 OR 2378-1543 OR OR 2633-3220 OR 2676-4893 OR 2855-210

General Property Info

Sub-Type: Detached Single Family Design: Craftsman Style SqFt Source: Appraiser Immediate Occupancy: Yes Garage: No Carport: Yes Carport Spaces: 2 Pool: Yes Pool Type: Private Apx SqFt(Htd/Cooled): 2745 Bedrooms: 4 Full Baths: 4 Total Bathrooms: 4 # Stories: 2 Year Built: 2004 Acreage: 0.12

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: 325 New Buyer Fee Paid: $ Last Taxes: 23077.44 Last Tax Year: 2025 Brokerage Interest: No Interest As Is: Yes

Remarks & Misc

Remarks: Welcome to this beautifully renovated WaterColor home in the coveted Phase I, perfectly positioned on the north side of Western Lake Drive with a rare private backyard. One of few WaterColor homes in Phase I to have a pool/spa and private backyard. The main living area is open and inviting, with coffered ceilings and marble countertops in both the kitchen and baths. Natural light fills the space, and the living and dining areas look out to a peaceful, private setting with a subtle glimpse of Western Lake.

Construction Status

Construction Complete: 1

Parking Features

Carport Attached: 1 Covered: 1

Waterview

Lake: 1

Lot/Parcel Access

Paved Road: 1 Private Road: 1

Lot Features

Cleared: 1 Covenants: 1 Interior: 1 Restrictions: 1 Within 1/2 Mile to Water: 1 Wooded: 1

Project Facilities

Beach: 1 Dock: 1 Fishing: 1 Pickle Ball: 1 Picnic Area: 1 Playground: 1 Pool: 1 Tennis: 1 TV Cable: 1 Waterfront: 1

Construction/Siding

Foundation Off Grade: 1 Roof Metal: 1 Siding CmntFbrHrdBrd: 1

Utilities

Electric: 1 Gas - Propane: 1 Public Sewer: 1 Public Water: 1 TV Cable: 1

Zoning

Resid Single Family: 1

Exterior

Fenced Back Yard: 1 Fireplace: 1 Pool - Heated: 1 Pool - In-Ground: 1 Porch Open: 1 Porch Screened: 1 Shower: 1 Summer Kitchen: 1

Interior

Built-In Bookcases: 1 Ceiling Tray/Cofferd: 1 Floor Hardwood: 1 Floor Tile: 1 Furnished - All: 1 Lighting Recessed: 1 Pantry: 1 Plantation Shutters: 1 Renovated: 1 Window Treatment All: 1

Financing

Conventional: 1

Appliances

Cooktop: 1 Dishwasher: 1 Disposal: 1 Dryer: 1 Microwave: 1 Range Hood: 1 Refrigerator: 1 Smoke Detector: 1 Washer: 1 Wine Refrigerator: 1

Energy

AC - Central Elect: 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 MBath Walk-In Closet: 1

Bedroom

First: 1 Second: 1

Kitchen

First: 1

Rooms

Bedroom: 1 Great Room: 1 Kitchen: 1 Master Bathroom: 1 Screened Porch: 1

Fees Include

Accounting: 1 Legal: 1 Master Association: 1 Recreational Faclty: 1 Services: 1 Trash: 1 TV Cable: 1

Status Change Info

Status: Active

Location Tax and Legal

Area: 18 - 30A East Street #: 765 Street Name: Western Lake Street Suffix: Drive State: FL Zip Code: 32459 County: Walton Project Name/Subdivision: WATERCOLOR Parcel ID: 15-3S-19-25405-000-0270

Property Features

Construction Status: Construction Complete Lot Features: Cleared; Covenants; Interior; Restrictions; Within 1/2 Mile to Water; Wooded Zoning: Resid Single Family Waterview: Lake Parking Features: Carport Attached; Covered Project Facilities: Beach; Dock; Fishing; Pickle Ball; Picnic Area; Playground; Pool; Tennis; TV Cable; Waterfront Exterior: Fenced Back Yard; Fireplace; Pool - Heated; Pool - In-Ground; Porch Open; Porch Screened; Shower; Summer Kitchen Interior: Built-In Bookcases; Ceiling Tray/Cofferd; Floor Hardwood; Floor Tile; Furnished - All; Lighting Recessed; Pantry; Plantation Shutters; Renovated; Window Treatment All Appliances: Cooktop; Dishwasher; Disposal; Dryer; Microwave; Range Hood; Refrigerator; Smoke Detector; Washer; Wine Refrigerator Utilities: Electric; Gas - Propane; Public Sewer; Public Water; TV Cable Energy: AC - Central Elect; Water Heater - Elect Bedroom: First; Second Kitchen: First Rooms: Bedroom; Great Room; Kitchen; Master Bathroom; Screened Porch Financing: Conventional Fees Include: Accounting; Legal; Master Association; Recreational Faclty; Services; Trash; TV Cable

Room Information

Great Room Level: First Dimensions: 26 x 16 Length: 26.00 Width: 16.00 Dimensions: 26 x 16 Kitchen Level: First Dimensions: 15 x 8 Length: 15.00 Width: 8.00 Dimensions: 15 x 8 Master Bathroom Level: Second Dimensions: 20.3 x 14.9 Length: 20.30 Width: 14.90 Dimensions: 20.3 x 14.9 Bedroom Level: Second Dimensions: 15 x 13 Length: 15.00 Width: 13.00 Dimensions: 15 x 13 Screened Porch Level: First Dimensions: 21 x 11 Length: 21.00 Width: 11.00 Dimensions: 21 x 11 Bedroom Level: First Dimensions: 14 x 12 Length: 14.00 Width: 12.00 Dimensions: 14 x 12 Bedroom Level: Second Dimensions: 13 x 12 Length: 13.00 Width: 12.00 Dimensions: 13 x 12
Listing Office: Watersound Real Estate
Last Updated: May - 04 - 2026
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.