WaterColor Phase I, Gorgeous and Bright beach home located in the highly-coveted Park District. Proximity is everything: 5 min walk to Seaside, WaterColor Beach Club or Boathouse, Shopping Restaurants, Walking/Biking trails and more! Fully Renovated in 2021 including: Chef's Kitchen featuring all New Cabinetry, Quartz and Thermador commercial appliances. New Bathrooms, updated floors, freshly painted interior and exterior. All new furnishings led by James Design Company featuring the true 30A lifestyle. Perfect home for entertaining, with several porches for relaxing with family and friends. Plenty of seating large screened-in porch features a swinging daybed and chair. First floor has a large Master bedroom w over-sized master bath and access to a covered porch a Guest room w ensuite bath room, another Guest room and built-in hallway bunks. Loft bedroom on the 3rd floor offers more beds and a full bathroom to maximize rental guests. Cupola has 2 more beds and beautiful views of Watercolor. Relaxed and comfortable living spaces, perfect as your 2nd home or vacation rental w projections over $220,000 for 2022. 30A living at its finest w world class amenities steps from your door!
Single-familyProperty Type
2002Year Built
5,227 sq ftLot Size
$1,038Est. Price/Sq.Ft.
1 spaceParking
Listed by Russell Franchi• EXP Realty LLC
Bought with Michael Cole• The Premier Property Group Watercolor Office
WaterColor Phase I, Gorgeous and Bright beach home located in the highly-coveted Park District. Proximity is everything: 5 min walk to Seaside, WaterColor Beach Club or Boathouse, Shopping Restaurants, Walking/Biking trails and more! Fully Renovated in 2021 including: Chef's Kitchen featuring all New Cabinetry, Quartz and Thermador commercial appliances. New Bathrooms, updated floors, freshly painted interior and exterior. All new furnishings led by James Design Company featuring the true 30A lifestyle. Perfect home for entertaining, with several porches for relaxing with family and friends. Plenty of seating large screened-in porch features a swinging daybed and chair.
ECAR #817121
Jul 6, 2020
Sold
$1,250,000
$415/sq ft
Jul 6, 2020
Sold
$1,250,000
$415/sq ft
Jun 2, 2020
Pending
—
Jan 23, 2020
Listed
$1,449,000
$482/sq ft
Feb 28, 2019
Listed
$1,449,000
$482/sq ft
+47
This remarkable furnished four-bedroom home with additional sleeping areas including hallway bunks and cupola is the ideal vacation home in Phase 1 of WaterColor. Prime location in Phase 1, next to Seaside, the Marina Park, The BoatHouse, and WaterColor's Beach Club. Outdoor space is maximized with several porches and decks - one fully screened. The open living, dining and kitchen on the second floor are ideal for family gatherings or entertaining. The living room has a fireplace and vaulted ceiling, as well as access to a wrap around balcony. The kitchen has stainless appliances, granite counter tops, a breakfast bar and enough space for preparing a beach feast. Great rental home with more than $50,000 already booked for 2019 as of February. The dining area with large dining table provide enough room for family meals. The large, screened porch with swinging day bed and swinging chair are the best place to enjoy a drink and family time overlooking Silver Laurel Way. The first floor has the master bedroom with large master bath with tub and separate shower and access to the covered front porch. There are two more guest rooms (one with en suite full bathroom) on the first floor, as well as built-in hallway bunks. The first floor has another full bathroom off the hallway. There is a loft bedroom on the third floor with several beds and a full bathroom to maximize rental potential. Up the stairs to the cupola offers two more beds and plenty of views of WaterColor. The total $1590 quarterly WaterColor dues are broken down as follows: $330/quarter to be payable by the buyer for the next 13 years to cover the amenity expansion project that was assessed January 1st, 2017, covering the cost for the WaterColor Beach Club and Camp WaterColor Expansion and $1260/qtr WaterColor HOA Dues which include cable and internet. There is a 0.5% fee of the purchase price paid by the buyer due at closing to the St. Joe Foundation. There is a $75 transfer fee to the HOA. Come enjoy WaterColor and all of the amazing amenities it offers: the Gulf front Beach Club with dining, many community pools, tennis courts, fitness, the Boat House, amphitheatre, trails, etc! Also enjoy walking or taking a quick golf cart ride to Publix grocery store and all the surrounding shops and restaurants in WaterColor and Seaside.
NAMLS #790146
Jan 24, 2019
Listing Removed
—
Jan 11, 2018
Listed
$1,675,000
$557/sq ft
Jan 11, 2018
Listed
$1,675,000
$557/sq ft
NAMLS #454334
Feb 8, 2008
Listing Removed
—
Jan 18, 2007
Listed
$1,600,000
$532/sq ft
Jan 18, 2007
Listed
$1,600,000
$532/sq ft
ECAR #434747
Jun 23, 2006
Listed
$2,200,000
$731/sq ft
Public Records
Aug 22, 2000
Sold
$250,000
$83/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$21,267 (−2.0%)
$616,052 + $1,737,644
$2,353,696
2024
$21,695 (−0.4%)
$616,052 + $1,759,095
$2,375,147
2023
$21,776 (+43.3%)
$616,052 + $1,780,546
$2,396,598
2022
$15,201 (+22.3%)
2021
$12,430 (+3.1%)
$598,108 + $686,061
$1,284,169
2020
$12,058 (−9.9%)
$547,193 + $660,768
$1,207,961
2019
$13,376 (+2.3%)
$531,256 + $815,645
$1,346,901
2018
$13,069 (+0.7%)
$515,782 + $794,945
$1,310,727
2017
$12,979 (+0.6%)
$500,760 + $808,717
$1,309,477
2016
$12,906 (+1.8%)
$481,500 + $808,328
$1,289,828
2015
$12,684 (+7.2%)
$450,000 + $797,878
$1,247,878
2014
$11,833
Tax history for 154 Silver Laurel Way
Year
Property tax
Land + Additions
Assessment*
2025
$21,267 (−2.0%)
$616,052 + $1,737,644
$2,353,696
2024
$21,695 (−0.4%)
$616,052 + $1,759,095
$2,375,147
2023
$21,776 (+43.3%)
$616,052 + $1,780,546
$2,396,598
2022
$15,201 (+22.3%)
2021
$12,430 (+3.1%)
$598,108 + $686,061
$1,284,169
2020
$12,058 (−9.9%)
$547,193 + $660,768
$1,207,961
2019
$13,376 (+2.3%)
$531,256 + $815,645
$1,346,901
2018
$13,069 (+0.7%)
$515,782 + $794,945
$1,310,727
2017
$12,979 (+0.6%)
$500,760 + $808,717
$1,309,477
2016
$12,906 (+1.8%)
$481,500 + $808,328
$1,289,828
2015
$12,684 (+7.2%)
$450,000 + $797,878
$1,247,878
2014
$11,833
*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
5
Baths
5
Stories
3
Lot width
5 ft.
Lot depth
10 ft.
Lot size
5,009 Sq. Ft.
Year renovated
2002
Sq. Ft.
3,009
Year built
2002
Style
Single Family Residential
County
Walton County
APN
153S19254030000150
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 Spaces: 1.00
Interior
Bedroom Information
Bedrooms: 4
Bedroom: First
Master Bedroom: First
Bathroom Information
Full Baths: 4
Half Baths: 1
Total Baths: 5.00
Half Bathroom: Second
Master Bedroom/Master Bath: MBath Double Vanity, MBath Separate Shwr, MBath Tile, MBed First Floor
Interior: Breakfast Bar, Ceiling Crwn Molding, Fireplace Gas, Floor Hardwood, Floor Tile, Furnished - Some
Exterior
Exterior Features
Has Pool
Pool Type: Community
Exterior: Deck Covered, Deck Enclosed, Deck Open
Lot Information
Acreage: 0.12
Lot Dimensions: 50x100
Lot Features: Covenants, Interior, Restrictions, Within 1/2 Mile to Water
Zoning: Residential Single Family
Building Information
Construction Status: Construction Complete
Construction/Siding: Frame, Roof Metal
Financial
Tax Information
Last Tax Year: 2021
Last Taxes: 12430.36
Financial Information
Mortgage Type: Conventional
Financing: Conventional
Brokerage Interest: No Interest
Utilities
Utility Information
Utilities: Electric, Gas - Natural, Public Sewer, Public Water
Energy: AC - Central Elect, Ceiling Fans, Heat Cntrl Electric, Water Heater - Elect
Location
Assessment Information
Assessment Fees: Yes
Assessment Amount: 1602.00
Assessment Paid: Quarterly
Homeowners Association Information
Fees Include: Internet Service, Master Association, Recreational Faclty, Security, Trash, 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 #: 154
Street Name: Silver Laurel
Street Suffix: Way
City: Santa Rosa Beach
County: Walton
State: FL
Zip Code: 32459
Project Name/Subdivision: WATERCOLOR
Absolute Longitude: 86.140891
Longitude: -86.140891
Latitude: 30.32286
Directions: Turn north in to WaterColor at WaterColor Blvd. N. Take your first right onto Western Lake Drive. Turn right onto Mystic Cobalt Street, then right onto Silver Laurel Way. House will be on your right.
Project Facilities
Beach, Deed Access, Dock, Exercise Room, Fishing, Pets Allowed, Playground, Pool, Tennis, TV Cable, Waterfront
Public facts
Beds: 5
Baths: 5.0
Sq. Ft.: 3,009
Stories: 3.0
Lot Size: 5,009 square feet
Style: Single Family Residential
Year Built: 2002
Year Renovated: 2002
County: Walton County
APN: 153S19254030000150
Home facts updated by county records on Sep 8, 2026
Other
Listing Price Information
List Price: 3199000.00
List Price/SqFt: 1063.14
Property Information
Apx SqFt(Htd/Cooled): 3009.00
Design: Beach House
Sub-Type: Detached Single Family
Listing Information
As Is
Around this home
Schools
Dune Lakes Elementary School
Public K-5 • Assigned • 4.2mi
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
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
85
74
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
$2.97M – $3.59M
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