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Imagine owning a WaterColor estate that practically manages itself. This five-bedroom, five-and-a-half-bath corner residence delivers exceptional coastal living with strong rental performance. With $351,366 in 2025 gross revenue and projections of $361,250 in 2026, the property effortlessly balances lifestyle and income potential, making it perfect for savvy investors or families seeking a turn-key beach retreat. Set just steps from the beach club, town center, and Gulf waters, the home offers over 1,200 square feet of wraparound porches, private pool, cabana, and serene lake views, ideal for morning coffee or sunset gatherings. Inside, light-filled living spaces showcase pine hardwood floors, high ceilings, and refined Southern craftsmanship, blending elegance with casual comfort.

The chef's kitchen, guest suites, and primary suite with spa-like bath provide both functionality and indulgence, while a detached carriage house adds extra flexibility for guests or rental use. Fully furnished and ready to go, the residence ensures owners can enjoy the WaterColor lifestyle immediately while capitalizing on the property's proven rental demand.

With exclusive access to resort-style amenities, including pools, tennis, a fitness center, and Camp WaterColor, this home anchors the ultimate coastal experience while providing tangible financial value.

Santa Rosa Beach

265 Western Lake Drive

5 Beds

5 Baths

2,821 Sq.Ft.

$4,125,000

MLS#: 995896

Come see what happens in the rare instance of when luxury, elegance, sophistication, class and location meet at the beach. Seeing is believing and you should see this stunning home in the coveted community of WaterColor just across from an expansive wooded open space! This beautifully crafted home features several thoughtful touches and custom details that are apparent from the moment you enter this home. Including sunken cypress wood for the French door entry way and living room doors adds to the beauty and sophistication. An arched white Chicago brick foyer with antique oak beams over the doorway greets you. There are additional beams in the first-floor family gathering room along with an antique ceiling of poplar and pine that are all estimated to be over 150 years old.
CONTINUED: As you pass through the foyer you pass a spiral staircase and one of four Master bedrooms on the right. The arched foyer leads you into the large yet warm first floor-family gathering room with a white brick fireplace on your right and an open gourmet kitchen all with high-end appliances on your left. The outdoor living space is off these rooms.

This 5,529-square-foot exquisite and immaculately maintained home includes a two-car garage with additional parking space for 3 more cars off of the alley in the back. Enjoy your private pool with a Chicago brick deck, as well as the large inviting screened outdoor family gathering room complete with an outdoor kitchen, dining area, and living area including a large TV over this fireplace. This home has so many extras, this is why you have to see this house including four bedrooms on the second floor along with a Masters Suite that takes up most of the back half of the second floor with a sitting area and deck, large master bath and that has a his and hers walk-in closet at the end of the bath. The third floor has yet another warm family gathering room that has 6 bunks off to the right with a hand painted floor with the 6th large bedroom off to the left and is easily accessed by the elevator.

This elegant home is well-maintained and has never been rented, making it the perfect home or investment property and the owner has already prepaid all Beach Club and Camp WaterColor homeowner assessment.

Take advantage of several coveted WaterColor amenities, including the recently-renovated WaterColor Beach Club, which now offers three pools and three separate restaurants and two outdoor bars. This home is also conveniently located near one of now 9 community pools.

Santa Rosa Beach

116 Wiregrass Way

6 Beds

6 Baths

5,529 Sq.Ft.

$4,125,000

MLS#: 848637

Miramar Beach

45 E Beach Drive Drive

5 Beds

6 Baths

6,378 Sq.Ft.

$4,125,000

MLS#: 884206

Santa Rosa Beach

44 Crossvine Circle

5 Beds

6 Baths

3,848 Sq.Ft.

$4,125,000

MLS#: 930023

Stunning home designed by Eric Watson, Architect. This home is located on the North side of 30A on a large corner homesite near Caliza Pool & Restaurant
Entered for comp purposes.

Alys Beach

93 Nonesuch Way

5 Beds

5 Baths

4,583 Sq.Ft.

$4,103,000

MLS#: 826421

This beautiful four-story home is one block from both Seaside and the beach. The home's soft grey hardy board exterior, flickering gas lights, and arched entryway enhances this luxurious but cozy property. The foyer opens to a spacious open living area filled with natural light from the large retracting glass doors and floor to ceiling windows. Beautiful exposed beams and pecky cypress ceilings showcase three chandeliers throughout the area. The large open living space features comfortable furnishings in pastel blue-grey and washed wood accents and gives way to an alcove for the large, rustic dining table with seats for twelve. Beautiful cabinetry adorns the kitchen and disguises the dishwasher and refrigerator for a clean sleek look. A Thermador gas stove, porcelain farm sink, walk in pantry, and large island pulls this kitchen together perfectly. Opening the retractable glass doors exposes the indoor living space to the covered, outdoor lounge area with a comfortable sofa and chairs and an inviting fireplace. Adjacent lies the saltwater pool and outdoor kitchen and dining area with a turf grass yard and outdoor shower. The main floor also features a bedroom with a king bed and ensuite. The second floor opens to a private office space, a king bedroom suite, a queen suite, and a gathering area with wet bar leading to the owner's suite. The owner's suite features a beautiful king bed, fireplace, and large chandelier in the center of a vaulted ceiling. The bath features a walk-in closet, double vanity, soaker tub, and large shower. The third-floor hosts two bunk rooms, both with three twin beds and one double with one room featuring an added trundle. Both rooms have full baths, and the center living area features a wet bar and media area. The pinnacle of the house is the fourth floor viewing tower with panoramic views - great for viewing amazing sunsets over the Gulf.

Modern technology enables remote access for heating and cooling, security cameras, entry, and access through the garage, and Sonos media system. Additionally, the first and second floors both feature a washer and dryer, an elevator services the lower three floors, and the in-home vacuum system makes cleaning up sand after a beach day quick and simple.

***Buyer is responsible for personally verifying details about this property. Any information contained in this listing is believed to be accurate but is not guaranteed.***

Santa Rosa Beach

98 Thyme Street

6 Beds

6 Baths

4,526 Sq.Ft.

$4,100,000

MLS#: 855093

Gulf Breeze

3123 Gulf Breeze Parkway

None Beds

None Baths

N/A

$4,100,000

MLS#: 981222

Located behind the main gate of WaterSound Beach you will find this well cared for family vacation home (not rented) on a beautiful lot backing to a wooded common area with a stream/pond. The well thought out floor offers large entertaining areas, abundant natural light, high ceilings and large bedrooms with attached bathrooms. The 4th level tower has gulf views and tons of light. The detached carriage home will delight your friends/family or a great escape for some peace if needed. Watersound is one of the premier communities that make up the idyllic 30A corridor.

Inlet Beach

30 E Yacht Pond Lane

5 Beds

5 Baths

3,466 Sq.Ft.

$4,100,000

MLS#: 910489

Santa Rosa Beach

59 Mako Drive

3 Beds

3 Baths

2,368 Sq.Ft.

$4,100,000

MLS#: 853555

'BAREFOOT' house offers PRIVACY PLUS OPPORTUNITY!! FABULOUS POOL & COURTYARD make this home a wonderful RENTAL PROPERTY & has the possible 'UP SIDE' of room in back to ADD A 2-CAR GARAGE & CARRIAGE HOUSE. Custom designed 5BR/5.5 BA 4000+sf home has mahogany highlights, white oak floors, & ELEVATOR. MASTER SUITE on 1st FLOOR has INCREDIBLE BATH, closets & French doors to courtyard. CHEF'S KITCHEN is open to Living/dining area has ROOM FOR THE ENTIRE FAMILY to gather off of courtyard & pool. HUGE pantry w/ work space & laundry. OPEN STAIRS lead to DEN/MEDIA area on 2nd floor w/ 2 'Master suites' & a BUNK ROOM. Both guest suites open onto balcony overlooking POOL area. FLOATING stairs to 3rd floor w/ another 'Master' BR & kid's bunk area. Spiral stairs lead to viewing tower for rooftop views.

Rosemary Beach

123 Kingston Road

5 Beds

6 Baths

4,128 Sq.Ft.

$4,100,000

MLS#: 883404

Set in the gated WaterSound Peninsula community, enjoy extraordinary views of Camp Creek Lake, the Gulf of Mexico and pristine dunes from this lake-front masterpiece with 67 feet of lakefront footage. Built in 2016, the home was custom designed by TS Adams and built by Gulfview Construction with attention to every detail. Approaching the home through a picturesque courtyard with Dominican shell walkways, guests are greeted by a relaxing water feature, green arbor and a spacious covered porch. Upon entering the welcoming foyer, the first level contains a sitting area, 2 guest suites, and a well-appointed owner's suite. The pool and hot tub await just off the back porch. 4 porches encompass 1000 s.f. of viewing pleasure! Each guest suite contains a resort style bath, luxury furnishings, custom window coverings and fine linens. The main floor owner's suite has silk wall coverings, a private porch, custom porcelain fireplace, and spacious layout with large spa bathroom equipped with heated floors and custom closets. The first level includes a separate entry from one of two garages with a large laundry/mud room. The private elevator offers easy access to all 3 levels. The 2nd level with its impressive views hosts the chef's kitchen appointed with Wolf and Subzero, a 6-burner cooktop, double oven, 2 dishwashers, ice maker, large walk-in pantry and wine refrigerator. The kitchen is open to the living and dining areas filled with natural light and enviable views. This living space is anchored by a custom Dominican shell stone fireplace framed by windows with sublime views. The living space continues via an oversized covered porch with professional grill, brick fireplace, and the most spectacular lake and gulf view combination 30A has to offer. The 2nd level also hosts a 2nd master suite currently functioning as the home office. The 3rd level encompasses a spectacular lounge area with stunning views, a large bunk room and bathroom. Plenty of parking and storage is available in 2 one-car garages. Technology abounds from exterior cameras, Control 4 home automation system, music system and smart TVs. WaterSound Beach is situated on 256 acres of natural sand dunes with over a mile of white sandy beach on the Gulf Coast. The property borders the protected Camp Creek Lake, one of the world's rare natural coastal dune lakes. Winding boardwalks and pedestrian bridges connect individual WaterSound homes with the beach, dunes, community pools.

Inlet Beach

97 Gulf Bridge Lane

5 Beds

5 Baths

3,429 Sq.Ft.

$4,100,000

MLS#: 866177

Modern Luxury Perfected - VILLA THREE. The Villas at Thirty-One, Exclusive estate size villa living in 30A's premier new address Thirty-One. An unprecedented expanse of 65 feet of floor to ceiling glass on the Gulf of Mexico will offer breathtaking, unobstructed views only afforded by a select few. Timeless classic materials set the stage for this rare opportunity of effortless, luxurious living. A multitude of finish selections are being offered to customize your residence for that custom home building experience. Custom features include 10 ft. ceilings, luxurious stone countertops, Wolf & SubZero Appliances, spacious laundry rooms with Full-size washer and dryer, folding table & sink wet bar with wine refrigerator & Ice Maker, frameless thick glass shower doors, flooring throughout, solid-core Interior Doors, Large Walk-in Closets, Private Elevator and Gracious Entry Foyer, Dual Gulf-front master bedrooms, spacious butler's pantry, 30' wide expansive great room with a feature wine wall and built-in bar area, chef's kitchen, over 975 Sq Ft of outdoor living and entertainment space, Over 65' of full-glass gulf-frontage, two dedicated garage parking spaces and two garage level private storage rooms. The ultimate destination for owners who seek the pinnacle in architecture, design, comfort and foremost beachfront living. Thirty-One is situated on one of the last remaining undeveloped beachfront properties on 30A. Located in Seagrove, the 3.92 acre property boasts over 335' of private beach. Positioned 1.5 miles east of Seaside. Amenities include secure underground parking, a resort style pool and expansive pool deck, owners golf carts, luxuriously appointed lobby with, fitness room, catering kitchen & club room.Closed on 9/19/2018. Entered for comp purposes. Cash.

Santa Rosa Beach

3820 E County Hwy 30A 303&304

4 Beds

4 Baths

4,503 Sq.Ft.

$4,100,000

MLS#: 810002

Rosemary Beach

23 Johnstown Lane

5 Beds

5 Baths

4,400 Sq.Ft.

$4,100,000

MLS#: 900617

Rosemary Beach

32 W Kingston Road

5 Beds

5 Baths

3,741 Sq.Ft.

$4,100,000

MLS#: 971853

Remodeled home sold with an additional lot with unobstructed Western Lake and Gulf Views. The additional lot can be built on to accommodate another Dune Lake home with views straight out over the Lake to the Gulf, or keep the lot open for the current expansive 184 foot open view making an incredibly spacious, private, nature-filled atmosphere. Located in the highly-coveted coastal dune lake community of Lakeplace at Grayton Beach, this beautifully remodeled home with fresh paint features 4 bedrooms, 4.5 baths and more than 3,460 square feet of living space. This home boasts 650 sqft of out door porches, generous open spaces, a chef's kitchen with large island and seating for eight, two living areas and gulf views from the second floor. A blend of indoor and outdoor living and entertaining are hallmarks of this retreat. This iconic location delivers unparalleled amenities such as a community pool and dock for launching paddleboards and kayaks. Paddle to the beach or enjoy a quick walk or bike ride to the sand as well as boutique shopping and dining steps from the nation's No. 1 beach, as ranked by Dr. Beach. Lakeplace at Grayton Beach is a rare 20-acre, rental-restricted and gated community located south of Scenic Highway 30A.

Santa Rosa Beach

165 Wilderness Way

4 Beds

4 Baths

3,468 Sq.Ft.

$4,100,000

MLS#: 890230

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