One of the most popular communities provided by {{page_data.agentName}}

WATERCOLOR

One of the most popular communities provided by Gulf Life Real Estate

WATERCOLOR

About WATERCOLOR

WaterColor is a coastal community located in Northwest Florida near the popular vacation destination of Destin. WaterColor real estate encompasses a variety of housing options, including single-family homes, townhomes, condos, cottages, and luxury estates. The real estate in WaterColor typically features a blend of traditional coastal architecture with modern amenities and high-end finishes. Many properties in WaterColor offer views of the Gulf of Mexico, coastal dune lakes, or lush natural surroundings. Residents of WaterColor enjoy access to a range of upscale amenities, such as private beach access, swimming pools, tennis courts, fitness facilities, restaurants, shops, and walking/biking trails. The community is known for its meticulously landscaped grounds, charming coastal design aesthetic, and family-friendly atmosphere. WaterColor real estate is highly sought after due to its prime location along the Emerald Coast, its resort-style living, and its proximity to a wide range of outdoor recreational opportunities.

One of the most popular communities provided by Gulf Life Real Estate

46

# of Listings

4

Avg # of Bedrooms

$41,998

Avg. $ / Sq.Ft.

$3,242,073

Med. List Price

Browse WATERCOLOR Real Estate Listings

All listings

$250,000 - $500,000

46 Properties Found. Page 2 of 4.

25 Muhly Circle in Watercolor arose to be a custom designed home for wedding weekends, milestone birthdays, grandchildren filling the bunk room, and mornings that always linger a little longer.
Intentional spaces—two primary bedroom suites, private and expansive outdoor living to gather, room to retreat, & sunlight everywhere it belongs....
The detail that sets it apart, includes a large Carriage House with a kitchenette, King BR suite, pullout sofa, and even laundry for guests.
A Heated Pool, Curated Design, Bella Beach Interiors, White Oak Hardwood floors, Carrera marble countertops in all Baths, Generac Generator, Wolf/Sub-Zero Appliances, Sonos surround sound system,, 2 Rinnai tankless water heaters, are just some of many upgrades that highlight this one of a kind home. In Phase IV, neighbors become friends. Community feels personal and life feels unhurried. This home became the backdrop to a life well lived by the beach.

Santa Rosa Beach

25 Muhly Circle

6 Beds

5 Baths

4,062 Sq.Ft.

$3,975,000

MLS#: 994817

Enjoy a tranquil, relaxing atmosphere just steps from the sparkling white sandy beach—your perfect seaside retreat awaits. Experience coastal living at its finest! Bathed in natural light, this stunning Beachside residence offers breathtaking panoramic Gulf views. With south and southwest views, you'll witness spectacular sunsets that are nothing short of breathtaking. This exquisite bungalow is located in the exclusive WaterColor Beachside community, offering privacy, convenience, and outstanding amenities. Residents enjoy both seclusion and easy access to the Beach Club and WaterColor Inn.

This tastefully renovated three-bedroom, three-and-a-half-bath residence features two extra-long twin built-in bunk beds, offering ample space and comfort for family and guests. Recent renovations include new hurricane-rated windows and doors for enhanced safety and peace of mind, a remodeled kitchen with new appliances, remodeled bathrooms, HVAC system, refinished floors, and more. The owner enjoys three parking spaces: one in a secure enclosed garage, one under a trellis, and another in front of the garage. The WaterColor Beachside pool, just steps from the residence, is reserved solely for Beachside residents.

Enjoy all the WaterColor amenities just a short stroll away, including resort pools, boutique shops, and dining options. Exercise enthusiasts will appreciate over five miles of walking and biking trails winding through the scenic 500-acre community. A proposed fitness center, expected in 2026, will offer even more benefits for owners and rental guests.

Gulf-front living offers a rare opportunity to purchase a home where the beauty outside your residence is a true marvel. Experience the incredible coastal lifestyle and make this exceptional property your own.

Santa Rosa Beach

1848 E County Highway 30A UNIT 20

3 Beds

3 Baths

2,180 Sq.Ft.

$3,900,000

MLS#: 993737

Located in Phase 1 Watercolor, 4 Bedroom, 4 1/2 bath property with a gorgeous wrap around porch overlooking Crimson Park in Watercolor! This home has just been renovated and newly furnished and is gorgeous! The home offers plantation shutters throughout and has lots of natural light making it warm and bright and has all of the beach feels. The dining area is adorned with shiplap walls and crown molding and is an inviting area to enjoy dinner with family and friends. The kitchen offers marble counter tops and a large breakfast bar, beautiful white cabinetry, stainless steel gas range and microwave oven, deep single basin sink and cabinet fronted dishwasher and refrigerator, beachy blue subway tile backsplash and a window cut out into the large living area that has a little office nook,

Santa Rosa Beach

52 Sunset Ridge Lane

4 Beds

4 Baths

2,558 Sq.Ft.

$3,900,000

MLS#: 996751

Completely and thoughtfully renovated, this exceptional five-bedroom, five-bath residence in Phase Three of WaterColor blends timeless coastal architecture with refined, modern updates. Enhanced beyond its original footprint, the home offers improved livability, beautifully refreshed interiors, and elevated finishes just steps from the Frog Pond Pool and park.

Positioned on a desirable corner lot, the property features over 1000 square feet of screened porches, creating seamless indoor-outdoor living. A charming paved path leads to the welcoming front porch, an ideal setting for relaxed mornings and sunset conversations. Inside, the light-filled sitting room flows effortlessly into an elegant dining space complete with a wet bar, buffet, and built-in wine cooler. Walls of windows and French doors illuminate the hardwood flooring and highlight the home's airy, open-concept design perfectly suited for entertaining and multi-generational gatherings.

The fully renovated kitchen is both sophisticated and functional, appointed with crisp white cabinetry, quartz countertops, stainless steel appliances, generous storage, and an oversized island with bar seating. A nearby side porch provides an intimate setting for alfresco dining.

The first-floor primary suite offers comfort and convenience with a spacious, spa-inspired bath featuring dual vanities and a soaking tub. Upstairs, beneath vaulted rooflines, you'll find a charming bunk room and two well-appointed ensuite bedrooms. A second-floor screened porch overlooks the peaceful, tree-lined streetscape, an inviting retreat for coffee or a quiet read.

A separate staircase leads to the private carriage house above the two-car garage, offering a spacious guest suite with room for a king bed and twin bunks, a sleek full bath, and a cozy sitting area ideal for guests or continued rental flexibility.

Complete with an attached garage and ample parking in the paved courtyard, residents enjoy access to miles of scenic trails and boardwalks, pocket parks, resort-style pools, and the coveted amenities that define the WaterColor lifestyle.

Santa Rosa Beach

178 Bluejack Street

5 Beds

5 Baths

3,356 Sq.Ft.

$3,695,000

MLS#: 996469

Price Adjustment - Grace and functionality meet in this beautifully updated four-bedroom, four-and-a-half-bath residence by David Weekley Homes, ideally situated in WaterColor's Cypress Cove district. Backing onto a serene natural preserve, the home offers privacy and a peaceful backdrop for everyday living or extended stays along 30A.

A soaring 25-foot foyer sets the tone, leading past a private study/bedroom with French doors into a light-filled family room and gourmet kitchen. Newly refreshed with a reimagined island, striking backsplash, and all-new flooring, the kitchen features JennAir Pro Series appliances, Timberlake cabinetry, and marble countertops -- perfect for entertaining or gathering with family. The spacious dining area flows seamlessly to a screened porch overlooking lush greenery. The first-floor owner's retreat provides a tranquil escape with a luxurious bath, dual vanities, soaking tub, and private porch access. Upstairs, three additional bedrooms; including a second floor master, and an ensuite bedroom, a bunk room, and a second sitting area ensure ample space for guests. Thoughtful details include shiplap accents, oak flooring throughout, glass tile finishes, and a one-car garage.

Positioned near WaterColor Crossings and just moments from the gulf, this home offers the best of convenience and comfort with access to WaterColor's acclaimed amenities, including resort-style pools, tennis, a fitness center, trails, and the gulf-front Beach Club.

Santa Rosa Beach

144 Royal Fern Way

4 Beds

4 Baths

3,504 Sq.Ft.

$3,450,000

MLS#: 987795

#970920

Santa Rosa Beach

93 Needlerush Drive

5 Beds

4 Baths

2,568 Sq.Ft.

$3,375,000

MLS#: 970920

Positioned on a coveted corner homesite in Phase 2 of WaterColor, just moments from Camp WaterColor, this private residence backs to a serene preserve and pond, offering a rare opportunity to own a WaterColor home with room for a large private pool, a feature increasingly difficult to find.

A highly desirable first-floor primary suite and over 1,200 square feet of covered screened porch space create seamless indoor-outdoor living, perfectly suited to the WaterColor lifestyle.

Designed by Geoff Chick, & Associates the home blends timeless coastal architecture with a functional, open-concept layout. The chef's kitchen features a premium Thermador appliance package, quartz countertops, and a marble backsplash, ideal for both entertaining and everyday living. All four bedrooms are ensuite, complemented by an additional powder room, while the first level primary suite offers both convenience and privacy.

A meticulously maintained nonrental, the home presents in exceptional, like-new condition. The corner homesite with only one adjacent neighbor enhances privacy, while the backyard offers a rare opportunity to create a custom pool and outdoor retreat without compromising peaceful preserve and pond views. For buyers seeking both lifestyle and investment, the property offers strong rental potential, with its Phase 2 location near Camp WaterColor, functional layout, and indoor-outdoor living well-suited for short-term rental income. Complete with a two-car garage--ideal for golf cart storage, beach gear, and everyday convenience the home balances lifestyle and functionality in one of WaterColor's most sought-after settings. A rare opportunity to own a design-forward home in WaterColor, Florida--where privacy, location, and long-term value align.

Santa Rosa Beach

295 Pine Needle Way

4 Beds

4 Baths

2,797 Sq.Ft.

$3,125,000

MLS#: 998953

This WaterColor home perfectly combines luxury, comfort, and privacy, offering beautifully designed spaces ideal for both relaxing and entertaining. Recently updated with a new upstairs HVAC system, new pool heater, and a freshly painted exterior, the home is truly move-in or rental ready. Spanning 3,271 square feet, the layout includes a junior primary suite, office, and an open kitchen, dining, and living area that flows to a screened porch overlooking the heated pool and private wooded backyard. Upstairs features a spacious primary suite, two guest bedrooms with private baths, a sitting area, and a four-bed bunk room—perfect for family and friends. Owners and guests enjoy full access to WaterColor's world-class amenities, including the private Gulf-front Beach Club with three pools, multiple restaurants, and stunning Gulf views. The community also features Camp WaterColor with a lazy river and water slides, five tennis courts, two pickleball courts, a lakeside Boathouse with kayak and paddleboard rentals, and over 499 acres of scenic trails and parksmaking WaterColor one of 30A's most sought-after neighborhoods.

Santa Rosa Beach

384 E Royal Fern Way

4 Beds

4 Baths

3,271 Sq.Ft.

$3,059,000

MLS#: 988602

Two Blocks from Camp WaterColor this beautifully furnished four-bedroom home offers the timeless appeal of coastal design paired with modern livability. A wide front porch introduces a bright, open interior where hardwood floors flow throughout the living spaces and bedrooms. The heart of the home is its inviting kitchen, thoughtfully equipped with a farmhouse sink, granite countertops, stainless steel appliances, and a gas range ideal for family dinners or casual entertaining. With two primary suites -- one on the first floor and another upstairs overlooking the trees and backyard -- each offers a private retreat with ample closet space and spa-style baths. The additional guest rooms include a charming bunk room that makes the most of space and light. Rental Projections over $200k Outdoor living is equally compelling. A spacious screened back porch overlooks the fenced backyard, while an adjoining paver patio provides extra room for dining or relaxing under the stars. The oversized, pool-ready lot enhances the sense of privacy and potential. Practical features include parking for two vehicles and a six-seat street-legal golf cart for easy access to community amenities. Just two blocks from Camp WaterColor and a short golf-cart ride to the Beach Club, shops, dining, and Seaside, Florida, this property embodies the ease and sophistication of resort-style living in one of 30A's most sought-after communities.

Santa Rosa Beach

134 Royal Fern Way

4 Beds

3 Baths

2,656 Sq.Ft.

$2,998,000

MLS#: 986841

This beautifully designed four-bedroom, four-and-a-half bath coastal retreat is perfectly situated just steps from Camp WaterColor, offering an exceptional blend of style, comfort, and location. From the shingled exterior and gracious front porch to the tranquil blue and white interiors, every detail is thoughtfully curated for relaxed yet refined beach living. An inviting natural wood front door opens to an airy, open-concept layout where casually elegant living and dining spaces flow seamlessly. The chef's kitchen is a highlight, featuring professional-grade stainless steel appliances, gleaming quartz countertops, a spacious island, and warm, wrought-iron pendant lighting. Designer finishes, transitional furnishings, and coastal accents set an atmosphere of understated sophistication. Ideal for family gatherings, the home offers generous seating indoors and out, including a large screened side porch perfect for alfresco dining. Two master suites one on each floor provide privacy and flexibility, with the upstairs suite featuring a sitting area and window seats. All baths are modern and beautifully appointed, featuring luxurious details such as a large soaking tub and a walk-in shower in the primary suite. Exceptional craftsmanship is evident throughout, from crown molding and coffered ceilings to hardwood floors, wainscoting, and custom window treatments. A fully equipped laundry room, Navien tankless water heater, multiple smart televisions and low-maintenance landscaping add convenience, while paver parking and an architecturally matched storage shed enhance the property's practicality. With access to WaterColor's unrivaled amenities swimming pools, tennis and pickleball courts, beachside dining and more this elegant home is the perfect sanctuary for families and friends seeking the quintessential coastal lifestyle.

Santa Rosa Beach

164 Pond Cypress Way

4 Beds

4 Baths

2,894 Sq.Ft.

$2,895,000

MLS#: 982409

Beautifully maintained 4-bedroom, 4.5-bath home on an oversized lot in WaterColor's sought-after Forest District, nestled beside a serene nature preserve. Relax on the charming front porch, entertain with ease in the open-concept living space, or unwind on the spacious screened back porch surrounded by towering pines.
Thoughtfully designed with two main-level bedrooms, a cozy reading nook, an upstairs loft, and two additional en-suite bedrooms. This home is fully furnished and turnkey, offering immediate access to all the best of WaterColor—including 9 community pools and a private beach club.
The oversized lot also offers ample space to add a garage with a carriage house and private pool, providing even more flexibility and long-term value in this premier location.

Santa Rosa Beach

277 Pine Needle Way

4 Beds

4 Baths

2,518 Sq.Ft.

$2,895,000

MLS#: 991317

Welcome to your serene retreat in the heart of WaterColor's sought-after Camp District. Backing up to a lush nature preserve, this charming three-bedroom plus bunk, 3.5-bathroom home offers a rare sense of privacy while still being just steps from the fun and amenities of Camp WaterColor. Built in 2005 and beautifully maintained, this home sits on a spacious lot and boasts a private pool, perfect for cooling off after a day at the beach or riding bikes through the community. A proven performer with a strong rental history, this property is equally ideal as a second home, investment, or full-time residence.

Inside, you'll find a bright, open floor plan where the kitchen seamlessly flows into the living and dining areasideal for entertaining or spending quality time with family. Timeless finishes include solid hardwood floors, granite countertops, self-closing cabinets and drawers, and elegant coffered ceilings in the dining room.

Enjoy three inviting porches, including two screened options for relaxing with morning coffee or evening cocktails, and a welcoming front porch with a charming gate and swing. The rear deck is perfectly positioned for outdoor dining and grilling, all while offering a peaceful view of the preserve.

Don't miss your opportunity to own in one of 30A's most beloved communities, just moments from trails, parks, pools, and the white-sand beaches of the gulf. This is WaterColor living at its best quiet, elegant, and surrounded by nature.

Santa Rosa Beach

384 Red Cedar Way

3 Beds

3 Baths

2,434 Sq.Ft.

$2,795,000

MLS#: 990594

Tucked away on a large, private homesite overlooking a serene pond and natural preserve, 20 Pine Lily in WaterColor offers the rare combination of privacy, thoughtful design, and exceptional outdoor living. This never-rented residence has been meticulously maintained and is surrounded by lush landscaping, with a charming arbor guiding you from the side yard into a peaceful backyard retreat.
Designed for effortless indoor-outdoor living, the home features an expansive wraparound screened porch that overlooks a heated pool and spa, recently resurfaced for a fresh, elevated feel. Multiple outdoor gathering spaces create the perfect setting for entertaining or unwinding, including a firepit lounge, poolside seating area, and generous covered porch space ideal for year-round enjoyment. Inside, the home is equally impressive with warm pine flooring and a spacious, functional layout designed to accommodate both family and guests. The first floor features a private primary suite with direct access to the backyard oasis, along with an additional guest suite and full bath, plus a conveniently located additional laundry closet. Upstairs, a second primary suite offers a true retreat with a spa-like bath featuring a freestanding soaking tub, an oversized walk-in closet, and a private covered porch overlooking the tranquil greenspace. Two additional bedroom suites, a bunk room that comfortably sleeps four, and a loft-style living area, provide ample space for hosting.
Additional upgrades include a whole-house generator, upgraded HVAC system with air purification, enhanced shutter package, gutter system, and a one-car garage.
Owners and guests enjoy access to the unparalleled amenities of WaterColor Beach Club, featuring three Gulf-front pools, multiple dining venues, and sweeping Gulf views. The community also offers Camp WaterColor with a lazy river and water slides, tennis and pickleball courts, a lakeside boathouse with paddleboard and kayak access, and miles of scenic trails across more than 499 acres. Located along iconic 30A, WaterColor remains one of the most sought-after coastal communities, offering a lifestyle that is both relaxed and refined.

Santa Rosa Beach

20 Pine Lily Circle

6 Beds

5 Baths

2,958 Sq.Ft.

$2,750,000

MLS#: 999262

PRIME WATERCOLOR LOCATION! Tucked along Crimson Park in the Park District of Phase 1, this WaterColor cottage enjoys one of the most delightful addresses in the community—every home on the park is painted the color of a rose, creating a storybook streetscape you won't find anywhere else. Step inside and it feels as though you've walked straight into a Serena & Lily showcase, where thoughtfully curated furnishings set the stage for a chic coastal retreat that's casual and relaxed, yet stylish and refined. With more than 1,700 square feet, this two-bedroom plus bunkroom, two-and-a-half bath home is designed for gathering, entertaining, and unwinding. Cathedral and beamed ceilings soar overhead, while oversized windows and three sets of French doors invite sunshine in and frame postcard-worthy views of Crimson Park and the Rose Garden Mews.
The first-floor owner's suite features a spa-like bath with dual vanities and opens onto a private screened porch, perfect for morning coffee or evening cocktails. A cozy first-level bunkroom adds charm and convenience, while the spacious upstairs loft with two queen beds lives like a full two-bedroom suite, making it easy to host family and friends in comfort.

Offered fully furnished and complete with a six-seat golf cart, this home is truly turn-key. Stroll to the Boathouse pool, the WaterColor Beach Club, or the Gulf in just minutes. Along the way, enjoy all of WaterColor's five-star amenities, multiple pools, tennis and pickleball courts, a fitness center, scenic trails, and the boathouse with paddleboards and kayaks waiting for your next adventure on Western Lake. This is coastal living at its most fun, most beautiful, and most unforgettable.

For investors-
The last 2 years 114 Sunset Ridge Lane has grossed $133,968 and this year has $136,547 on the books so far.

Santa Rosa Beach

114 Sunset Ridge Lane

2 Beds

2 Baths

1,732 Sq.Ft.

$2,595,000

MLS#: 985570

New on site 1 day ago

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: 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.

Santa Rosa Beach

35 Rain Lily Lane

3 Beds

3 Baths

2,611 Sq.Ft.

$2,595,000

MLS#: 999749

1 2 3 4

properties found. properties found. Page of .

- property

Send a message

Message successfully sent.

First Name

Last Name

Email

Phone

MLS Property Number

Your message

What is 3 + 4 ?

Reason for contacting?

Buying a home

Selling a home

Other

I agree to receive email communication and understand I can unsubscribe at any time.

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Accessibility Menu

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Email address (Must be valid)

Already have an account ? Login here

Continue your home search

Email address

First name First Name

Last name Last Name

Phone number (Optional)

Password

I agree to receive communications and understand I can unsubscribe at any time.

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service