Newly painted and furnished throughout, this desirable custom-built home in WaterColor is tucked away in the leafy Park District on one of the community's most popular streets. From the expansive front porch to the third-floor tower with gulf views, this luxury beach house never skimps on space. Faux shutters, beautiful hardwood floors, wraparound screened porches and partial wainscoting add eye-catching detail. The expansive great room with its soaring beamed ceiling exudes a sense of comfort and well-being with its attractive soft furnishings. The open floor plan extends through the formal dining area to a sunlit kitchen with gorgeous granite countertops. It's designed for entertaining on a grand scale. Take a seat at the center island breakfast bar and chat with the cook while high-end Wolf appliances and a capacious farmhouse sink take care of the hard work. A custom-built office with granite workspace and a master suite with a covered porch round off the ground floor accommodation. Step outside to admire the covered back porch and generous patio space which is perfect for alfresco dining while kids splash in the alluring pool. The second floor is dedicated to an additional living area, a second master suite, a bunk room and two spacious guest suites. The wraparound porch is a quiet area for relaxing on the bench swing or playing ping-pong. Head up to the tower room for the best sunset views through the trees to the glittering Gulf of Mexico. Set on almost 500 acres, WaterColor is arguably the best-planned community in the area. Bicycle trails and boardwalks lead past picturesque homesteads to the beautiful sandy beach and gulf-front pool. The Beach Club is the place for sunset gatherings with friends and enjoying the enviable pool surroundings. Camp WaterColor, a state-of-the-art fitness center, tennis, parks and green spaces make this so much more than a vacation home in a leading resort. Ideal as a permanent residence or lucrative vacation rental investment, the deal is sweetened with more than $240,000 in rental revenue currently on the books.
Single-familyProperty Type
2002Year Built
4,791 sq ftLot Size
$1,097Est. Price/Sq.Ft.
3 spacesParking
Listed by Brad Dahler• Scenic Sotheby's International Realty
Newly painted and furnished throughout, this desirable custom-built home in WaterColor is tucked away in the leafy Park District on one of the community's most popular streets. From the expansive front porch to the third-floor tower with gulf views, this luxury beach house never skimps on space. Faux shutters, beautiful hardwood floors, wraparound screened porches and partial wainscoting add eye-catching detail. The expansive great room with its soaring beamed ceiling exudes a sense of comfort and well-being with its attractive soft furnishings. The open floor plan extends through the formal dining area to a sunlit kitchen with gorgeous granite countertops. It's designed for entertaining on a grand scale. Take a seat at the center island breakfast bar and chat with the cook while high-end Wolf appliances and a capacious farmhouse sink take care of the hard work. A custom-built office with granite workspace and a master suite with a covered porch round off the ground floor accommodation. Step outside to admire the covered back porch and generous patio space which is perfect for alfresco dining while kids splash in the alluring pool. The second floor is dedicated to an additional living area, a second master suite, a bunk room and two spacious guest suites. The wraparound porch is a quiet area for relaxing on the bench swing or playing ping-pong. Head up to the tower room for the best sunset views through the trees to the glittering Gulf of Mexico. Set on almost 500 acres, WaterColor is arguably the best-planned community in the area. Bicycle trails and boardwalks lead past picturesque homesteads to the beautiful sandy beach and gulf-front pool. The Beach Club is the place for sunset gatherings with friends and enjoying the enviable pool surroundings. Camp WaterColor, a state-of-the-art fitness center, tennis, parks and green spaces make this so much more than a vacation home in a leading resort. Ideal as a permanent residence or lucrative vacation rental investment, the deal is sweetened with more than $240,000 in rental revenue currently on the books.
Public Records
Feb 16, 2021
Sold
$2,300,000
$812/sq ft
ECAR #817771
Jun 12, 2019
Sold
$1,500,000
$529/sq ft
Mar 8, 2019
Listed
$1,649,000
$582/sq ft
+63
Tucked away in the Park District of the coveted community of WaterColor, this custom-built, 4 bedroom home boasts Gulf views from the third-floor tower & a Bonus Bunk Room! This WaterColor home welcomes you with an expansive front porch, a perfect spot to enjoy alfresco dining and double door entry. This beach house offers a SPACIOUS great room with an open Floor Plan, soaring beamed ceiling, beautiful wood floors & partial wainscoting throughout; making it ideal for entertaining. The kitchen features a center island with granite countertops, breakfast bar seating, a farmhouse sink, & high-end Wolf appliances including a sub zero fridge.The coveted main floor master bedroom offers a private covered porch & attached bath.Also located on the main level is a custom-built office with granite countertops and easy access to a covered back porch, great for grilling out. An additional living room, as well as, a secondary master en suite, and two spacious guest rooms complete the second level of the home. Enjoy the Florida weather from the wrap around screened in porch on the second level that features cozy outdoor furniture, bench swings, and a ping pong table. WaterColor has something for everyone! Picturesque homesteads line the streets amid 499-acres of the strategically planned community, parks and trails found along Northwest Florida's Gulf Coast where children can be found enjoying the day outdoors, laughing and playing in the sunshine. This property is located minutes from Seaside, Grayton Beach State Park and the WaterColor Crossings Town Center, where there is also a Publix market. This home site offers access to a host of community amenities, including access to all five resort-style community swimming pools, a soon to be updated Gulf front beach club and Camp WaterColor, fitness center, tennis, water sports, nature trails, parks and green spaces, and so much more.
ECAR #422052
Nov 30, 2007
Sold
$1,600,000
$565/sq ft
Mar 10, 2006
Listed
$1,795,000
$634/sq ft
NAMLS #464005
Oct 19, 2007
Listing Removed
—
May 7, 2007
Listed
$1,795,000
$634/sq ft
NAMLS #392580
Oct 20, 2005
Listing Removed
—
Jun 9, 2005
Listed
$2,899,000
$1,023/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$22,042 (−2.0%)
$616,052 + $1,823,389
$2,439,441
2024
$22,483 (−0.4%)
$616,052 + $1,845,300
$2,461,352
2023
$22,564 (+23.7%)
$616,052 + $1,867,210
$2,483,262
2022
$18,237 (+39.9%)
$683,817 + $1,284,029
$1,967,846
2021
$13,037 (+6.7%)
$598,108 + $748,775
$1,346,883
2020
$12,215 (+2.9%)
$547,193 + $676,460
$1,223,653
2019
$11,866 (+2.4%)
$531,256 + $663,632
$1,194,888
2018
$11,593 (+0.9%)
$515,782 + $646,837
$1,162,619
2017
$11,485 (+0.8%)
$500,760 + $658,005
$1,158,765
2016
$11,399 (+2.9%)
$481,500 + $657,684
$1,139,184
2015
$11,082 (+8.5%)
$450,000 + $649,213
$1,099,213
2014
$10,218
Tax history for 118 Silver Laurel Way
Year
Property tax
Land + Additions
Assessment*
2025
$22,042 (−2.0%)
$616,052 + $1,823,389
$2,439,441
2024
$22,483 (−0.4%)
$616,052 + $1,845,300
$2,461,352
2023
$22,564 (+23.7%)
$616,052 + $1,867,210
$2,483,262
2022
$18,237 (+39.9%)
$683,817 + $1,284,029
$1,967,846
2021
$13,037 (+6.7%)
$598,108 + $748,775
$1,346,883
2020
$12,215 (+2.9%)
$547,193 + $676,460
$1,223,653
2019
$11,866 (+2.4%)
$531,256 + $663,632
$1,194,888
2018
$11,593 (+0.9%)
$515,782 + $646,837
$1,162,619
2017
$11,485 (+0.8%)
$500,760 + $658,005
$1,158,765
2016
$11,399 (+2.9%)
$481,500 + $657,684
$1,139,184
2015
$11,082 (+8.5%)
$450,000 + $649,213
$1,099,213
2014
$10,218
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
3
Stories
3
Lot width
5 ft.
Lot depth
10 ft.
Lot size
5,009 Sq. Ft.
Year renovated
2002
Sq. Ft.
2,614
Year built
2002
Style
Single Family Residential
County
Walton County
APN
153S19254030000110
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 9, 2026.
CC
Coastal Center District
This district is primarily residential, allowing medium residential densities and supporting uses. All development is required to be connected to a public water and sewer system.
Permitted uses
Include but are not limited to:
Bank
Day care facility
Housing-Single unit
Housing-Multiple units
Mixed use building
Office
Medical office
Educational/school
Library
Museum / gallery
Property details
Parking
Parking Information
Has Carport
No
Parking Features: Carport, Carport Attached
Carport Spaces: 1.00
Driveway Spaces: 2.00
Interior
Bedroom Information
Bedrooms: 4
Bedroom: Second
Master Bedroom: First, Second
Bathroom Information
Full Baths: 5
Total Baths: 5.00
Master Bedroom/Master Bath: MBed First Floor, MBed Walk-in Closet
Room Information
Rooms: Bedroom, Bunk Room, Den, Great Room, Kitchen, Master Bathroom, Master Bedroom
Kitchen: First
Room 1
Great Room
Area: 500.00
Dimensions: 25 x 20
Length: 25.00
Width: 20.00
Level: 1
Room 2
Kitchen
Area: 120.00
Dimensions: 12 x 10
Length: 12.00
Width: 10.00
Level: 1
Room 3
Master Bedroom
Area: 168.00
Dimensions: 14 x 12
Length: 14.00
Width: 12.00
Level: 1
Room 4
Master Bathroom
Area: 120.00
Dimensions: 12 x 10
Length: 12.00
Width: 10.00
Level: 1
Room 5
Master Bedroom
Area: 168.00
Dimensions: 14 x 12
Length: 14.00
Width: 12.00
Level: 2
Room 6
Master Bathroom
Area: 144.00
Dimensions: 12 x 12
Length: 12.00
Width: 12.00
Level: 2
Room 7
Bedroom
Area: 168.00
Dimensions: 14 x 12
Length: 14.00
Width: 12.00
Level: 2
Room 8
Bunk Room
Area: 100.00
Dimensions: 10 x 10
Length: 10.00
Width: 10.00
Level: 2
Room 9
Den
Area: 140.00
Dimensions: 14 x 10
Length: 14.00
Width: 10.00
Level: 2
Interior Features
Appliances: Dishwasher, Dryer, Microwave, Refrigerator W/IceMk, Stove/Oven Gas
Interior: Breakfast Bar, Floor Hardwood, Furnished - All, Kitchen Island
Exterior
Exterior Features
Has Pool
Pool Type: Private
Exterior: Fenced Back Yard, Patio Open, Pool - In-Ground, Porch, Porch Open, Porch Screened
Lot Information
Acreage: 0.11
Lot Dimensions: 50x100
Lot Features: Interior, Level, Restrictions, Within 1/2 Mile to Water
Lot/Parcel Access: Paved Road
Zoning: Residential Single Family
Building Information
Construction Status: Construction Complete
Construction/Siding: Foundation On Piling, Roof Metal, Siding CmntFbrHrdBrd
Financial
Tax Information
Last Tax Year: 2021
Last Taxes: 12515.00
Financial Information
Mortgage Type: Conventional
Financing: Conventional, Other, VA
Brokerage Interest: No Interest
Buyer
Buyer
Utilities
Utility Information
Utilities: Electric, Gas - Natural, Phone, Public Sewer, Public Water
Energy: AC - Central Elect, Water Heater - Tnkls
Location
Assessment Information
Assessment Fees: Yes
Assessment Amount: 1602.00
Assessment Paid: Quarterly
Homeowners Association Information
Fees Include: Master Association, Recreational Faclty, TV Cable
New Buyer Fee
%
School Information
Elementary School: Van R Butler
Middle School: Emerald Coast
High School: South Walton
Location Information
Sub Area: 1802 - East of Hwy 395
Area: 18 - 30A East
Street #: 118
Street Name: Silver Laurel
Street Suffix: Way
City: Santa Rosa Beach
County: Walton
State: FL
Zip Code: 32459
Project Name/Subdivision: WATERCOLOR
Absolute Longitude: 86.141511
Longitude: -86.141511
Latitude: 30.322937
Directions: From E County Hwy 30A, turn left onto Mystic Cobalt St; turn right at the 2nd cross street onto Silver Laurel Way. Property is the fourth house on the right side of the street.
Project Facilities
BBQ Pit/Grill, Beach, Dock, Fishing, Picnic Area, Pool, Tennis, TV Cable, Waterfront
Public facts
Beds: 3
Baths: 3.0
Sq. Ft.: 2,614
Stories: 3.0
Lot Size: 5,009 square feet
Style: Single Family Residential
Year Built: 2002
Year Renovated: 2002
County: Walton County
APN: 153S19254030000110
Home facts updated by county records on Sep 8, 2026
Other
Listing Price Information
List Price: 3400000.00
List Price/SqFt: 1200.14
Property Information
Apx SqFt(Htd/Cooled): 2833.00
Design: Florida Cottage
Sub-Type: Detached Single Family
Waterview: Gulf
Listing Information
Immediate Occupancy: Immediate Occupancy
Around this home
Schools
Dune Lakes Elementary School
Public K-5 • Assigned • 4.3mi
10/10
Emerald Coast Middle School
Public 6-8 • Assigned • 2.9mi
8/10
South Walton High School
Public 9-12 • Assigned • 4.6mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
3/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
0.93% chance of being in a wildfire in next 30 years
10/10 Heat Factor
7 days above 105° expected this year, 22 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Santa Rosa Beach, FL • 32459
Average low and high temperatures (°F)
59
43
65
52
71
57
76
64
80
70
86
76
88
79
86
77
86
72
79
66
73
59
64
50
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.5 hours in
June and 5.5 hours in December, placing it above the
U.S. average for solar exposure.
9.5 hrs
5.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$2.95M – $3.57M
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