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About this home
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.
Santa Rosa Beach, located between Grayton Beach State Park and Seaside, is a coastal and low-rise Miramar Beach neighborhood with dune-backed shorelines and pine-flatwood trails. The neighborhood’s character concentrates around the 30A corridor near the County Highway 393 junction, where bike traffic, beach cruisers, and small storefronts set a relaxed, design-forward pace. Architectural cues lean toward coastal cottages and contemporary beach homes with deep porches and metal roofs. Gulf views and rare coastal dune lakes shape daily rhythms, with boardwalks and trailheads threading through scrub and sand. Community pillars include The REP Theatre in Seaside, the open-air E.O. Wilson Park, and the long-running Grayton Beer Company taproom.
Provided by Walk Score and Local Logic
Offer insights
146 Silver Laurel Way · $4,499,000
$4.5M and above
75% chance or better to win
Why $4.5M+ is a strong offer
DAYS ON MARKET
13 days
The average home goes pending in 88 days.
SALE-TO-LIST
96.5%
Most homes are selling 4% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Furnished
Breakfast bar
Bookcases
Recessed lighting
Newly painted
Owner's closet
Pantry
Split bedroom layout
Washer/dryer hookup
Wet bar
Window treatments
Bedrooms
5 bedrooms
Master suite on the second floor with balcony and walk-in closet; master bath has double vanity, garden tub, separate shower, and tile finish
Bathrooms
6 bathrooms (5 full, 1 half)
Kitchen
Cooktop
Dishwasher
Disposal
Microwave
Pantry
Breakfast bar
Laundry & utility
Washer and dryer included in appliance list (washer, dryer)
Washer/dryer hookup
Electric water heater
Flooring
Hardwood floors
Tile floors
Heating & cooling
Gas heating
Central air conditioning (gas)
Multiple AC units (2 or more)
Ceiling fans
Exterior features
Outdoor shower
Sprinkler system
Open patio
Open porch
Porch
Home design
Traditional style
3 stories
Gulf view
Built in 2007
Parking
Attached covered carport (2 carport spaces)
Driveway with 2 spaces
Security
Security system
Smoke detectors
Construction
Metal roof
Trim wood and cement fiberboard siding
Foundation on pilings
Utilities
Public water
Public sewer
TV cable available
Underground utilities
HOA & community
Association membership (HOA)
Association provides management, recreational facilities, and security
Community features include beach access, community room, deeded access, exercise room, fishing, picnic area, playground, pool, TV cable, tennis courts, and pet-friendly policies
Electricity and solar
View estimated energy costs and solar savings for this home
BEST LOCATION IN WATERCOLOR! Two blocks from the beach on a quiet street, overlooking tree-lined streets of Seaside, and a 360 view of Watercolor, Seaside, and most importantly, expansive views of the GULF! Featuring 5 bedrooms, 5 1/2 baths, a media room, an office, coffee/wet bar, and multiple large and cozy porches, a private back deck with gas fire pit and grill, and THE ultimate ROOF TOP PATIO perfect for sunrise, sunset parties and everything in between. Watch boats come in, fireworks all the way from PCB to Destin....the VIEW is THAT spectacular. One of the highest rooftops in all of Seaside or Watercolor! This house has never been rented, one owner, however, the rental properties on this street command some of the highest rents in Watercolor. This home comes furnished (See list of Exclusions), all the interiors are new and pristine! The interiors were designed by Beau Interiors. The kitchen is a masterpiece, with a commercial size Subzero frig, Wolf cooktop and oven, and island that seats 7. The cabinets are custom-made in England by Smallbone of England. Both the living and dining spaces are large and accommodate a crowd. There is a downstairs king size bedroom and bath, large laundry room. New Pella windows, renovations to the Kitchen & Baths and flooring in 2019, HVAC replaced in 2019 and more! Buyer to verify all data and dimensions.
NAMLS #782999
Jan 3, 2018
Listing Removed
—
Sep 6, 2017
Listed
$2,590,000
$652/sq ft
ECAR #553864
Apr 7, 2011
Sold
$1,500,000
$378/sq ft
Jan 27, 2011
Listed
$1,525,000
$384/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$33,945 (+1.8%)
$616,052 + $3,140,758
$3,756,810
2024
$33,357 (+4.9%)
2023
$31,785 (+17.7%)
2022
$27,011 (+48.8%)
$683,817 + $2,230,813
$2,914,630
2021
$18,151 (+1.6%)
$598,108 + $1,277,017
$1,875,125
2020
$17,858 (+3.6%)
$547,193 + $1,241,772
$1,788,965
2019
$17,234 (+1.6%)
$531,256 + $1,204,153
$1,735,409
2018
$16,956 (+2.7%)
$515,782 + $1,184,687
$1,700,469
2017
$16,515
$500,760 + $1,165,476
$1,666,236
Public record
Public record
Zoning
Beds
5
Baths
5
Stories
3
Lot width
5 ft.
Lot depth
10 ft.
Lot size
5,009 Sq. Ft.
Year renovated
2007
Finished Sq. Ft.
3,972
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,972
Year built
2007
Style
Single Family Residential
County
Walton County
APN
153S19254030000140
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
Climate risks
2/10 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
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)
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
78/ 100
Good sunlight
Sunscore
This home receives average direct sun exposure in Santa Rosa Beach. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.1 hrs
5.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 146 Silver Laurel Way
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $3,500,000 and $6,000,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $3.5M to $6.0M.