SOLD NOV 11, 2025

Off Market Nov 2025 for $3.5M

$3,585,921

Est. refi paymentEst. refi $18,378/mo

•

4,090

sq ft

138 Red Cedar Way, Santa Rosa Beach, FL 32459

About this home

Priced at almost 20% below the average square foot price of all listed homes in WaterColor, this home is waiting for buyers that fit many profiles. Never rented and owned by only two families it has been beautifully maintained and recently updated with interior painting, furnishings and an updated kitchen with top of the line appliances. With four king bedrooms and a six bed bunk room - all with ensuite baths, this home will sleep 14 with two additional flex rooms and a full bath. The home has primary suites on the first and second floors. It is situated steps from Camp Watercolor yet located overlooking peaceful views of natural landscape and sunset views from very generously sized porches. Sold fully furnished this home is move-in ready. Drawings for pool available. Two additional bonus rooms with access to a full bath allow more options. Located steps from Camp WaterColor, sunset views from huge porches and plans for a pool, this home has it all

Single-familyProperty Type

2005Year Built

$877Est. Price/Sq.Ft.

6 spacesParking

Listed by The Beach Group/Bernadette Flannery • Scenic Sotheby's International Realty

Bought with Outside Selling Member • ECN - Unknown Office

Redfin checked: a few seconds ago

•Source:ECAR #979766

Redfin Estimate

$3,585,921

$36K since sold in November 2025$3,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 10% lower than the average sale price ($3.98M) of 5 comparable homes.

SOLD JUL 31, 2026
$3,875,000
A
5 beds5.5 baths4,256 sq ft
432 Pine Needle Way, Santa Rosa Beach, FL 32459
SOLD APR 13, 2026
$4,337,500
B
5 beds5.5 baths4,384 sq ft
11 Acorn Way, Santa Rosa Beach, FL 32459
SOLD AUG 6, 2026
$4,900,000
C
5 beds6 baths3,852 sq ft
47 Western Lake Dr, Santa Rosa Beach, FL 32459
SOLD JUN 10, 2026
$3,500,000
D
5 beds4.5 baths3,356 sq ft
178 Bluejack St, Santa Rosa Beach, FL 32459
SOLD APR 14, 2026
$3,300,000
E
5 beds5.5 baths3,341 sq ft
21 Mistflower Ln, Santa Rosa Beach, FL 32459

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Earn from this home

Sell

$576,004

Est. take-home

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Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$7,081/mo

Redfin rental estimate

List your home for rent

Market trends in 32459, FL

Last updated August 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

95.5%

+0.2% MoM

Median sale price

$960K

$10K MoM

Avg. days on market

91d

2 days MoM

Recently sold homes

396

1 MoM

New listings for sale

NEW 16 HRS AGO
$3,329,000
4 beds4.5 baths2,416 sq ft
771 Forest St, Santa Rosa Beach, FL 32459
$6,250,000
5 beds6.5 baths6,750 sq ft
525 Driftwood Point Rd, Santa Rosa Beach, FL 32459
$1,190,000
4 beds3.5 baths2,200 sq ft
655 Flatwoods Forest Loop, Santa Rosa Beach, FL 32459
$850,000
2 beds2.5 baths1,220 sq ft
3680 E County Hwy 30a #3, Santa Rosa Beach, FL 32459
$1,350,000
3 beds3 baths2,014 sq ft
54 S Nickajack, Santa Rosa Beach, FL 32459
$1,089,000
4 beds4 baths2,112 sq ft
15 Summer Place Ln #3, Santa Rosa Beach, FL 32459
$565,000
2 beds2.5 baths1,252 sq ft
111 Cassine Garden Cir Unit 133, Santa Rosa Beach, FL 32459
3D WALKTHROUGH
$1,295,000
5 beds3 baths1,765 sq ft
84 Vicki St, Santa Rosa Beach, FL 32459
$3,625,000
5 beds7 baths4,712 sq ft
273 Churchill Oaks Dr, Santa Rosa Beach, FL 32459
$1,225,000
3 beds3 baths1,725 sq ft
335 San Juan Ave, Santa Rosa Beach, FL 32459
See all

Provided by Redfin

Sale history for 138 Red Cedar Way

Date

Event

Price

ECAR #979766

Nov 11, 2025

Sold

$3,550,000

$868/sq ft

Oct 9, 2025

Pending

—

Sep 17, 2025

Price Changed

$3,650,000

$892/sq ft

Aug 11, 2025

Price Changed

$3,750,000

$917/sq ft

Jun 27, 2025

Listed

$3,950,000

$966/sq ft

realMLS #2117560

Oct 6, 2025

Listed

$3,550,000

$868/sq ft

ECAR #540548

Jun 28, 2011

Sold

$1,475,000

$361/sq ft

Jun 28, 2011

Sold

$1,475,000

$361/sq ft

Jun 29, 2010

Listed

$1,600,000

$391/sq ft

Jun 29, 2010

Listed

$1,600,000

$391/sq ft

Public Records

Feb 19, 2008

Sold

$900,000

$220/sq ft

NAMLS #463528

Jan 10, 2008

Listing Removed

—

May 3, 2007

Listed

$1,525,000

$373/sq ft

May 3, 2007

Listed

$1,525,000

$373/sq ft

NAMLS #440871

Apr 30, 2007

Listing Removed

—

Aug 14, 2006

Listed

$1,750,000

$428/sq ft

Aug 14, 2006

Listed

$1,750,000

$428/sq ft

NAMLS #426415

Aug 19, 2006

Listing Removed

—

Apr 13, 2006

Listed

$2,490,000

$609/sq ft

Apr 13, 2006

Listed

$2,490,000

$609/sq ft

NAMLS #383656

Nov 21, 2005

Listing Removed

—

Mar 23, 2005

Listed

$2,750,000

$672/sq ft

Mar 23, 2005

Listed

$2,750,000

$672/sq ft

NAMLS #377816

Mar 21, 2005

Listing Removed

—

Jan 19, 2005

Listed

$2,750,000

$672/sq ft

Jan 19, 2005

Listed

$2,750,000

$672/sq ft

Public Records

May 27, 2003

Sold

$321,500

$79/sq ft

Public Records

Sep 25, 2002

Sold

$17,568,600

$4,296/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$24,639 (−0.2%)

2024

$24,683 (+10.4%)

2023

$22,355 (+8.2%)

2022

$20,661 (+23.6%)

2021

$16,723 (+11.3%)

2020

$15,031 (+2.2%)

$569,142 + $936,628

$1,505,770

2019

$14,706 (+5.7%)

$552,565 + $928,252

$1,480,817

2018

$13,917 (+2.8%)

$536,471 + $859,235

$1,395,706

2017

$13,541 (+0.6%)

$520,846 + $845,387

$1,366,233

2016

$13,459 (+3.1%)

$500,813 + $844,217

$1,345,030

2015

$13,051 (−0.8%)

$468,050 + $815,939

$1,283,989

2014

$13,160

Tax history for 138 Red Cedar Way

Year

Property tax

Land + Additions

Assessment*

2025

$24,639 (−0.2%)

2024

$24,683 (+10.4%)

2023

$22,355 (+8.2%)

2022

$20,661 (+23.6%)

2021

$16,723 (+11.3%)

2020

$15,031 (+2.2%)

$569,142 + $936,628

$1,505,770

2019

$14,706 (+5.7%)

$552,565 + $928,252

$1,480,817

2018

$13,917 (+2.8%)

$536,471 + $859,235

$1,395,706

2017

$13,541 (+0.6%)

$520,846 + $845,387

$1,366,233

2016

$13,459 (+3.1%)

$500,813 + $844,217

$1,345,030

2015

$13,051 (−0.8%)

$468,050 + $815,939

$1,283,989

2014

$13,160

*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

Baths

Stories

Lot width

7 ft.

Lot depth

11 ft.

Lot size

7,841 Sq. Ft.

Year renovated

2005

Sq. Ft.

4,415

Year built

2005

Style

Single Family Residential

County

Walton County

APN

153S19254150000130

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 26, 2026.

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
No
No
Carport Spaces: 2.00
Driveway Spaces: 4.00

Interior

Bedroom Information
Bedrooms: 5
Bedroom: First, Second
Master Bedroom: Second

Bathroom Information
Full Baths: 6
Total Baths: 6.00
Master Bedroom/Master Bath: MBath Double Vanity, MBath Separate Shwr, MBath Tile, MBath Walk-In Closet, MBath Whirlpool, MBed Balcony, MBed Fireplace

Room Information
Rooms: Bedroom, Bunk Room, Dining Area, Kitchen, Living Room, Master Bedroom
Kitchen: First
Living Room: First

Room 1
Living Room
Area: 285.00
Dimensions: 15 x 19
Length: 15.00
Width: 19.00
Level: 1
Remarks: Living/Dining

Room 2
Dining Area
Area: 169.00
Dimensions: 13 x 13
Length: 13.00
Width: 13.00
Level: 1

Room 3
Kitchen
Area: 234.00
Dimensions: 18 x 13
Length: 18.00
Width: 13.00
Level: 1

Room 4
Bedroom
Area: 143.00
Dimensions: 11 x 13
Length: 11.00
Width: 13.00
Level: 1

Room 5
Bunk Room
Area: 180.00
Dimensions: 15 x 12
Length: 15.00
Width: 12.00
Level: 1

Room 6
Master Bedroom
Area: 217.50
Dimensions: 15 x 14.5
Length: 15.00
Width: 14.50
Level: 2

Room 7
Bedroom
Area: 120.75
Dimensions: 10.5 x 11.5
Length: 10.50
Width: 11.50
Level: 2

Room 8
Bedroom
Area: 159.38
Dimensions: 12.75 x 12.5
Length: 12.75
Width: 12.50
Level: 2

Interior Features
Appliances: Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Refrigerator, Security System, Smoke Detector, Stove/Oven Gas, Washer, Wine Refrigerator
Interior: Breakfast Bar, Ceiling Beamed, Ceiling Vaulted, Fireplace 2+, Fireplace Gas, Floor Hardwood, Floor Tile, Furnished - All, Pantry, Split Bedroom, Washer/Dryer Hookup, Window Treatment All, Woodwork Painted

Exterior

Exterior Features
Has Pool
Pool Type: Community
Exterior: Balcony, Porch Screened

Lot Information
Lot Dimensions: 62' x 110' x 83' x 109'
Lot Features: Covenants, Restrictions, Survey Available
Lot/Parcel Access: Paved Road, Private Road
Zoning: Residential Single Family

Building Information
Construction Status: Construction Complete
Construction/Siding: Frame, Roof Metal, Siding CmntFbrHrdBrd

Financial

Financial Information
Mortgage Type: Conventional
Brokerage Interest: No Interest
Buyer
Seller

Utilities

Utility Information
Utilities: Electric, Gas - Natural, Phone, Public Sewer, Public Water, TV Cable
Energy: AC - 2 or More, AC - Central Elect, Heat Cntrl Electric, Water Heater - Gas, Water Heater - Tnkls

Location

Assessment Information
Assessment Fees: Yes
Assessment Amount: 1510.00
Assessment Paid: Quarterly
Annual Assessment Amount: $6,040

Homeowners Association Information
Fees Include: Accounting, Ground Keeping, Internet Service, Legal, Licenses/Permits, Management, Repairs/Maintenance, Security, Trash, TV Cable
New Buyer Fee
%

School Information
Elementary School: Dune Lakes
Middle School: Emerald Coast
High School: South Walton

Location Information
Sub Area: 1802 - East of Hwy 395
Area: 18 - 30A East
Street #: 138
Street Name: Red Cedar
Street Suffix: Way
City: Santa Rosa Beach
County: Walton
State: FL
Zip Code: 32459
Project Name/Subdivision: WATERCOLOR
Absolute Longitude: 86.134093
Longitude: -86.134093
Latitude: 30.326066
Directions: From S. County Hwy 395, turn west onto W. Lake Forest Drive. Turn right at stop sign to remain on W. Lake Forest Drive. Turn left onto Acorn Way then right onto Red Cedar Way. Home is on the right side.

Project Facilities
Beach, Community Room, Exercise Room, Fishing, Picnic Area, Playground, Pool, Tennis, TV Cable, Waterfront

Public facts

Beds: 5
Baths: 5.0
Sq. Ft.: 4,415
Stories: 2.0
Lot Size: 7,841 square feet
Style: Single Family Residential
Year Built: 2005
Year Renovated: 2005
County: Walton County
APN: 153S19254150000130

Home facts updated by county records on Aug 26, 2026

Other

Listing Price Information
List Price: 3650000.00
List Price/SqFt: 892.42

Property Information
Apx SqFt(Htd/Cooled): 4090.00
Design: Traditional
Sub-Type: Detached Single Family

Listing Information
Immediate Occupancy: Immediate Occupancy

Around this home

Schools

Dune Lakes Elementary School

Public K-5 • Assigned • 3.8mi

10/10

Emerald Coast Middle School

Public 6-8 • Assigned • 2.5mi

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

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

4/10 Fire Factor

2% 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

9/10 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)

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

$3.41M – $4.12M

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Nearby similar homes

NEW 16 HRS AGO

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4 beds4.5 baths2,416 sq ft

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New listings for sale in 32459

NEW 16 HRS AGO

$3,329,000

4 beds4.5 baths2,416 sq ft

771 Forest St, Santa Rosa Beach, FL 32459

$6,250,000

5 beds6.5 baths6,750 sq ft

525 Driftwood Point Rd, Santa Rosa Beach, FL 32459

$1,190,000

4 beds3.5 baths2,200 sq ft

655 Flatwoods Forest Loop, Santa Rosa Beach, FL 32459

$850,000

2 beds2.5 baths1,220 sq ft

3680 E County Hwy 30a #3, Santa Rosa Beach, FL 32459

$1,350,000

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4 beds4 baths2,112 sq ft

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3D WALKTHROUGH

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5 beds3 baths1,765 sq ft

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5 beds7 baths4,712 sq ft

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Home values near 138 Red Cedar Way

Data from public records.

Address	Redfin Estimate
97 Red Cedar Way, Santa Rosa Beach, FL 6 Beds \| 5 Baths \| 3111 Sq. Ft.	$2,862,537
85 Red Cedar Way, Santa Rosa Beach, FL 4 Beds \| 4.5 Baths \| 2675 Sq. Ft.	$2,672,867

Address	Redfin Estimate
75 Red Cedar Way, Santa Rosa Beach, FL 3 Beds \| 3 Baths \| 2240 Sq. Ft.	$1,769,297
179 Red Cedar Way, Santa Rosa Beach, FL 4 Beds \| 4.5 Baths \| 2568 Sq. Ft.	$2,808,411

Address	Redfin Estimate
65 Red Cedar Way, Santa Rosa Beach, FL 5 Beds \| 4 Baths \| 2997 Sq. Ft.	$2,261,182
102 Red Cedar Way, Santa Rosa Beach, FL 4 Beds \| 4.5 Baths \| 2772 Sq. Ft.	$2,426,706

Property information provided by ECAR when last listed in 2025. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 32459, FL

Sale history for 138 Red Cedar Way

Tax history for 138 Red Cedar Way

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 32459

Home values near 138 Red Cedar Way

More real estate resources