51 Mystic Cobalt ST Santa Rosa Beach, FL 32459 Active
UPDATED: 03/31/2026 05:42 PM ON MARKET: 16 days on market
$4,865,000
5 Beds6 Baths3,918 SqFt
Key Details
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,918 sqft
Price per Sqft $1,241
Subdivision Watercolor
MLS Listing ID 998160
Style Florida Cottage
Bedrooms 5
Full Baths 6
HOA Y/N Yes
Year Built 2006
Annual Tax Amount $29,711
Tax Year 2025
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 49x38x128
Property Sub-Type Detached Single Family
Source Emerald Coast Association of REALTORS®
Land Area 3918
Property Description
51 Mystic Cobalt Street is a three-story residence ideally positioned within the Park District of WaterColor Resort, just steps from the Beach Club, Boathouse, Town Center, and the Gulf. While centrally located to the community's most desirable amenities, the home enjoys a sense of privacy enhanced by generous outdoor living spaces and thoughtful design. Designed with a reverse floor plan to maximize light and views, the interiors are defined by antique wood flooring, soaring 12-foot ceilings, and exposed beams that add warmth and architectural character. The first level features three well-appointed guest bedrooms, each with its own ensuite bath, along with a bunk room that offers flexible accommodations for family and visitors. A spacious, light-filled living area on this level includes an alcove ideal for dining, games, or a secondary lounge space, with access to wraparound porches that make indoor-outdoor living seamless.
The second level serves as the heart of the home, where an open-concept kitchen, living, and dining area creates an inviting space for gathering. The gourmet kitchen features a generous island with breakfast bar seating, ample cabinetry, and easy flow into the dining area, accommodating both everyday living and entertaining. Just beyond, wraparound deck space extends the living area outdoors. The primary suite is also located on this level, offering balcony access and a marble-clad bathroom designed as a private retreat. An additional full bath on this floor functions conveniently as a powder bath or guest bath.
On the third level, an indoor-outdoor living space opens to partial views of WaterColor's Town Center and glimpses of the Gulf, creating an elevated setting for sunset conversations or quiet mornings. Multiple levels of outdoor deck space throughout the home provide ample room to relax, dine, and enjoy the coastal breeze.
The detached carriage house offers additional privacy and flexibility, complete with a basic kitchenette, sitting area, flat-screen TV, and full bathroom, ideal for guests or extended stays. Additional highlights include a screened-in porch with outdoor dining and grill, a two-car garage, and an in-home Peloton stationary bike for an immersive, high-energy workout experience.
Offering proximity to WaterColor's renowned pools, trails, dining, and beach access, 51 Mystic Cobalt Street blends architectural character, versatile living spaces, and an exceptional location within one of 30A's most sought-after communities.
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