146 Silver Laurel WAY Santa Rosa Beach, FL 32459 Open Tue 3:30PM-5:30PM

UPDATED: 09/28/2026 03:31 PM ON MARKET: 1 days on market

$4,499,000

5 Beds6 Baths3,972 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,972 sqft

Price per Sqft $1,132

Subdivision Watercolor

MLS Listing ID 1012859

Style Traditional

Bedrooms 5

Full Baths 5

Half Baths 1

HOA Fees $1,840/qua

HOA Y/N Yes

Year Built 2007

Annual Tax Amount $33,945

Tax Year 2025

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 50 x 100

Property Sub-Type Detached Single Family

Source Emerald Coast Association of REALTORS®

Land Area 3972

Location

State FL

County Walton

Community Beach,Community Room,Deed Access,Exercise Room,Fishing,Pets Allowed,Picnic Area,Playground,Pool,Tennis,Tv Cable

Area 18 - 30A East

Zoning Resid Single Family

Direction From the Town Center of Watercolor, travel East on 30A to Mystic Cobalt. Turn left onto Mystic Cobalt and right on Silver Laurel Way. House will be on the right.

Rooms

Primary Bedroom Level Upper

Master Bedroom true

Kitchen true

Interior

Interior Features Breakfast Bar,Built-In Bookcases,Lighting Recessed,Newly Painted,Owner's Closet,Pantry,Split Bedroom,Washer/Dryer Hookup,Wet Bar

Cooling Ceiling Fans,Gas

Flooring Floor Hardwood,Floor Tile

Furnishings Furnished - All

Window Features Window Treatment All

Appliance Cooktop,Dishwasher,Disposal,Dryer,Microwave,Refrigerator W/IceMk,Security System,Smoke Detector,Stove/Oven Gas,Washer,Water Heater - Elect

Exterior

Exterior Feature Shower,Sprinkler System, Open Patio, Porch, Open Porch, Outdoor Shower, Sprinkler System

Parking Features Carport Attached,Covered

Carport Spaces 2

Pool Pool Type

Community Features Beach,Community Room,Deed Access,Exercise Room,Fishing,Pets Allowed,Picnic Area,Playground,Pool,Tennis,TV Cable

Utilities Available Public Water,TV Cable,Underground

View Gulf

Roof Type Metal

Street Surface Paved

Porch Patio Open,Porch,Porch Open

Garage No

Building

Lot Description Covenants,Restrictions,Within 1/2 Mile to Water

Faces From the Town Center of Watercolor, travel East on 30A to Mystic Cobalt. Turn left onto Mystic Cobalt and right on Silver Laurel Way. House will be on the right.

Story 3

Foundation Foundation On Piling

Sewer Public Sewer

Architectural Style Traditional

New Construction No

Schools

Elementary Schools Dune Lakes

Middle Schools Emerald Coast

High Schools South Walton

Others

Pets Allowed No

HOA Fee Include Management

Tax ID 15-3S-19-25403-000-0140

Property Description

Rare Elevated Gulf-View Residence in WaterColor

Set just two blocks from the beach on a quiet, coveted WaterColor street, this exceptional 5BR/5.5BA residence offers a rare combination of elevated Gulf views, refined design, and exceptional outdoor living. Positioned on one of the community's highest points, the home's rooftop deck captures panoramic views of the Gulf and Seaside--an extraordinary backdrop for sunset entertaining or quiet mornings above 30A.

Expansive porches and multiple outdoor spaces embrace the WaterColor lifestyle, including a private deck with fire pit and grill. Inside, professionally designed interiors create a sophisticated yet inviting retreat, offered furnished with exclusions. The chef's kitchen is appointed with Sub-Zero and Wolf appliances, an oversized island, and Smallbone cabinetry.

Recent upgrades include electrical, HVAC, decking, lighting, and additional improvements throughout.

Beyond its exceptional lifestyle appeal, the residence offers a compelling investment profile, with historical rental income averaging approximately $175,000-$200,000 annually. Buyer to verify all rental and financial information.

A rare opportunity to own a distinguished WaterColor residence where elevation, Gulf views, beach proximity, design, and income potential converge.

IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.
Vendor Member# 28167