Price Reduction - Water Views
Address
146 Silver Laurel Way, Santa Rosa Beach, FL
Price
$ 4,499,000
Property Attributes
- MLS#787994
- TypeSingle Family
- Listing Status Active
- CountyWalton
- CitySanta Rosa Beach
- Area12 - Walton County
- NeighborhoodWatercolor
- Zip32459
- Style
- Year Built2007
- Taxes$ 33945
- Price$ 4,499,000
- Bedrooms5
- Full Bathrooms5
- Half Bathrooms1
- Sqr Footage3972
- Lot Size0.12 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
Exceptional Gulf-View Residence in Prime WaterColor Location Ideally situated just two blocks from the beach on a quiet street, this 5-bedroom, 5.5-bath WaterColor home offers rare elevated Gulf views, strong rental performance, and extensive recent upgrades. Positioned among the highest vantage points in the community, the property captures sweeping views of the Gulf, Seaside, and surrounding coastal landscape, highlighted by a rooftop deck designed for sunrise and sunset enjoyment. The home features multiple indoor and outdoor living spaces, including expansive porches, a private rear deck with gas fire pit and grill, and a rooftop terrace with panoramic sightlines. The kitchen is well-appointed with Sub-Zero refrigeration, Wolf appliances, an oversized island with seating, and custom cabinetry by Smallbone of England. Interiors were professionally designed by Beau Interiors and are offered furnished (with exclusions). Recent improvements include new electrical throughout, new decking, recessed lighting, one new HVAC unit, new window treatments, new hot water heater, paved driveway, and updated marble surfaces in the kitchen. The backyard faces toward Seaside and the Gulf, and a contractor has verified space for a potential pool installation. Located within close proximity to the Truman House and in one of WaterColor's most desirable rental areas, the property has generated approximately $175-200K annually in gross rental revenue over the past two years. Buyer to verify all information and dimensions.
| Elementary School | Middle School | High School |
|---|---|---|
| Dune Lakes Elementary School | Emerald Coast Middle School | South Walton High School |
| Price History | |
|---|---|
| 4/7/2026 | Listed $4,599,000 |
| 9/15/2026 | 2$4,499,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | Electricity Available,Underground Utilities |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Community Features | Barbecue,Beach,Fitness Center,Game Room,Playground,Park,Pool,Shopping,Tennis Court(s),Community Pool,Short Term Rental Allowed |
| County | Walton |
| Property Type | Residential |
| HOA | true |
| Subdivision Name | Watercolor |
| Status | Active |
| Directions | 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. |
| High School | South Walton |
| City | Santa Rosa Beach |
| MLS Area | 12 - Walton County |
| Lot Size Units | Acres |
| Lot Size Square Feet | 5009 |
| Elementary School | Dune Lakes |
| Tax Annual Amount | 33945 |
| Middle/Junior High School | Emerald Coast |
| MLS Area Minor | 1205 - Walton - Seaside |
| Standard Status | Active |
| Property Sub Type Additional | Single Family Residence |
| Association Amenities | Beach Rights,Barbecue,Picnic Area |
| Occupancy Type | Tenant |
| Year Built | 2007 |
| Association Fee Includes | Association Management,Fitness Facility,Legal/Accounting,Maintenance Grounds,Playground,Pool(s),Tennis Courts |
| Heating | Central,Electric |
| Cooling | Central Air,Multi Units |
| Appliances | Gas Cooktop |
| Patio/Porch Features | Balcony,Covered,Open,Porch |
| Construction Materials | Other |
| View | Gulf |
| Attached Garage | false |
| Garage Y/N | false |
| Total Rooms | 5 |
| Full Baths | 5 |
| Architectural Style | Florida |
| Stories Count | 3 |
| Levels | Three Or More |
| HOA Fee | 1840 |
| Assoc Fee Paid Per | Quarterly |
| Pool Features | In Ground,Community |
| Security Features | Key Card Entry,Smoke Detector(s) |
| New Construction | false |
| Roof | Metal |
Interior Features
| Total Baths | 6 |
|---|---|
| Interior Amenities | Balcony,Double Vanity,Soaking Tub,Separate Shower,Upper Level Primary |
| Furnished Units | All Units |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Total Bedrooms | 5 |
| LivingAreaSource | Appraiser |
| Half Baths | 1 |
| Total Stories | 3 |
Exterior Features
| Lot Size Area | 0.12 |
|---|---|
| Lot Dimensions | 50x100 |
| Lot Size Acres | 0.12 |
| Building Area Total | 3972 |
| Waterfront Y/N | false |
| Exterior Amenities | Fire Pit |
| Covered Spaces | 2 |
| Foundation Details | Pillar/Post/Pier |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 32459
Price
Taxes
Year Built
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
