Welcome to your dream home in Watercolor! This stunning 3-bedroom, 3.5-bathroom residence spans a generous 2,486 square feet, perfectly nestled on a 6,380 square foot lot. Designed for comfort and style, this home offers an inviting open kitchen equipped with a sleek island, modern appliances including a dishwasher, microwave, and even a wine cooler for the connoisseur.
Enjoy cozy evenings by the fireplace or relish the cool breeze on your charming porch. The formal dining room is perfect for hosting gatherings, while the kitchen dining area offers a more casual setting for meals. With completely replaced central AC system and added hot water pump to ensure hot water up and downstairs while all showers in use at once, your daily routines will be a breeze. Outdoor enthusiasts will love the community amenities, featuring a refreshing pool, tennis court, and playground. Plus, carport parking ensures your vehicle stays protected. Embrace the laid-back lifestyle of Watecolor today! This information is believed to be accurate, but without any warranty.
Sold for $2,450,000
$2,450,000
406 Red Cedar Way, Santa Rosa Beach, FL 32459
3beds
2,486sqft
Single Family Residence
Built in 2007
6,534 Square Feet Lot
$2,449,900 Zestimate®
$986/sqft
$4,124 Estimated rent
Home value
$2,449,900
$2.33M - $2.57M
$4,124/mo
Zestimate® history
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$16,548/mo
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Est. payment
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: January 15, 2026 at 12:54pm
Listed by:
Cole Blair Group 850-376-3269,
Compass
Bought with:
Destiny D Powell, 3566311
Innerscope Realty LLC
Source: ECAOR,MLS#: 989489
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Level: Second
- Area: 308.84 Square Feet
- Dimensions: 18.83 x 16.41
Bedroom
- Level: First
- Area: 162.96 Square Feet
- Dimensions: 13.58 x 12
Bedroom
- Level: First
- Area: 195.2 Square Feet
- Dimensions: 16.5 x 11.83
Dining room
- Description: Dining/Living Combo
- Level: First
- Area: 624.46 Square Feet
- Dimensions: 28.83 x 21.66
Kitchen
- Level: First
- Area: 214.65 Square Feet
- Dimensions: 19.83 x 10.83
Living room
- Level: First
- Area: 572 Square Feet
- Dimensions: 26 x 22
Heating
- Natural Gas
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Range Hood, Washer
- Laundry: Washer/Dryer Hookup
Features
- Cathedral Ceiling(s), Hallway Bunk Beds, Kitchen Island, Owner's Closet
- Flooring: Hardwood, Tile
- Windows: Window Treatments
- Has fireplace: Yes
- Fireplace features: Gas
- Furnished: Yes
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,486
- Total interior livable area: 2,486 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached Carport
- Has carport: Yes
- Covered spaces: 1
Features
- Stories: 2
- Patio & porch: Porch, Screened
- Exterior features: Outdoor Shower
Lot
- Size: 6,534 sqft
- Dimensions: 58 x 110
- Features: Covenants, Interior Lot, Restrictions
Details
- Parcel number: 153S19254130000090
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Florida Cottage
- Property subtype: Single Family Residence
Materials
- Frame, Trim Wood, Siding CmntFbrHrdBrd
- Foundation: Pillar/Post/Pier
- Roof: Metal
Condition
- Construction Complete
- New construction: No
- Year built: 2007
Utilities & green energy
- Water: Public
Community & neighborhood
Community
- Community features: Beach, Deed Access, Dock, Dumpster, Elevators, Fitness Center, Fishing, Picnic Area, Playground, Pool, TV Cable, Tennis Court(s), Waterfront
Location
- Region: Santa Rosa Beach
- Subdivision: WATERCOLOR
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $1,510 quarterly
- Services included: Maintenance Grounds, Management, Recreational Faclty, Services, Cable TV, Trash, Internet
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/15/2026 | Sold | $2,450,000-6.1%$986/sqft |
Source:  ECAOR #989489 Report a problem | ||
| 12/7/2025 | Pending sale | $2,610,000$1,050/sqft |
Source: ECAOR #989489 Report a problem | ||
| 11/12/2025 | Listed for sale | $2,610,000+24.3%$1,050/sqft |
Source: ECAOR #989489 Report a problem | ||
| 3/31/2021 | Sold | $2,100,000$845/sqft |
Source: ECAOR #865706 Report a problem | ||
| 3/2/2021 | Pending sale | $2,100,000$845/sqft |
Source: ECAOR #865706 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $19,767 +10.2% | $2,164,026 +9.6% |
| 2023 | $17,933 +1.4% | $1,973,621 +3.5% |
| 2022 | $17,678 +51.1% | $1,907,588 +75.5% |
Find assessor info on the county website
Neighborhood: 32459
Nearby schools
GreatSchools rating
- 10/10Bay Elementary SchoolGrades: K-5Distance: 3.7 mi
- 8/10Emerald Coast Middle SchoolGrades: 6-8Distance: 2.6 mi
- 8/10South Walton High SchoolGrades: 9-12Distance: 4.9 mi
Schools provided by the listing agent
- Elementary: Van R Butler
- Middle: Emerald Coast
- High: South Walton
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$2,449,900
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+$48,998
With Zillow Showcase(estimated)
$2,498,898
- Florida
- Walton County
- Santa Rosa Beach
- 32459
- 406 Red Cedar Way
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