This four-story lakefront home greets you with the glow of gas lanterns, a spacious covered front porch with stately blue board and batten shutters and an accentuated shiplap ceiling that adds warmth to the space. This WaterColor home offers a coveted main floor master suite and a bonus bunk room with fun and functional living space on each level. A cozy seating area arranged for conversations and a front porch swing create the perfect place to unwind after a day at the beach. Large windows with transoms flood the welcoming foyer wrapped in shiplap with natural light. The soaring ceilings pull the eye upwards and an exposed brick accent wall draws you into the space. The warm walnut floors lead you to the heart of this 4,433 square foot home, where you will find an expansive coastal kitchen with a large center island, elegant designer cabinetry, an expedient pantry and breakfast bar seating for four. The Thermador fridge blends effortlessly into the space, and the double ovens and six burner gas range make entertaining in this light and bright beach house a breeze. The open concept great room flows into the dining, which features a cypress wrapped beamed ceiling with an over-sized dining table that offers seating for eight. The open and airy living room is an entertainer's dream boasting large windows with transoms, a gas fireplace and two doors leading out on to an open back deck and pergola. The well-lit sun porch, located off of the dining, features a sitting room and office with a soaring vaulted ceiling. Double doors open to an expansive screened-in back porch that offers a beautifully appointed outdoor living area and a large dining table where guests can enjoy alfresco dining year-round with stunning views of each and every sunset and Western Lake. The private, heated splash pool and back deck overlook a large backyard, which features a paver patio with a gas fire pit that backs up to preservation land and Western Lake. The main floor master suite, provides spacious accommodations that offer a luxurious master bath featuring dual vanities, a shower with bench seating and a separate soaking tub. The master suite is also equipped with a roomy walk-in closet and direct access to the back deck and pergola. On the second level, a secondary master suite can be found with a dedicated bath and a large walk-in closet. A guest suite with a private bath can be found adjacent and down the hall is an additional expansive living room. A spacious covered porch with an outdoor living area and a swing bed offers spectacular marsh views of Western Lake. A bonus bunk room with two sets of bunks and a fourth guest bedroom share a separate bath with a shower/tub combo and a pocket door. The third floor of the home features a roomy shiplap loft with vaulted ceilings and a large game room for the kids and kids at heart. Also offering an expedient half bath, this level carries you up to the fourth-story tower boasting lots of windows and stunning 360 degree views of WaterColor's Camp District and picturesque sunsets. An expedient half bath and a conveniently situated laundry and mud room can be found on the main level. The home's carport also features a spacious workshop with a workbench and tons of added storage space. This WaterColor lakehouse is a must-see home located in the heart of phase II!
Single-familyProperty Type
2015Year Built
7,405 sq ftLot Size
$939Est. Price/Sq.Ft.
3 spacesParking
Listed by Andy Wiggins• The Beach Group Properties LLC
Bought with Robert Earl Ward, Broker Associate Ward• Coastal Sands Properties LLC
This four-story lakefront home greets you with the glow of gas lanterns, a spacious covered front porch with stately blue board and batten shutters and an accentuated shiplap ceiling that adds warmth to the space. This WaterColor home offers a coveted main floor master suite and a bonus bunk room with fun and functional living space on each level. A cozy seating area arranged for conversations and a front porch swing create the perfect place to unwind after a day at the beach. Large windows with transoms flood the welcoming foyer wrapped in shiplap with natural light. The soaring ceilings pull the eye upwards and an exposed brick accent wall draws you into the space. The warm walnut floors lead you to the heart of this 4,433 square foot home, where you will find an expansive
Public Records
May 15, 2012
Sold
$392,500
$89/sq ft
Public Records
May 16, 2008
Sold
$389,100
$88/sq ft
Public Records
Jul 13, 2004
Sold
$587,500
$133/sq ft
Public Records
Sep 25, 2002
Sold
$17,568,600
$3,963/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$32,774 (−7.2%)
$640,762 + $2,986,428
$3,627,190
2024
$35,320 (+22.9%)
$640,762 + $3,225,986
$3,866,748
2023
$28,736 (+1.0%)
2022
$28,446 (+44.5%)
$711,246 + $2,396,388
$3,107,634
2021
$19,689 (+19.0%)
$622,099 + $1,411,906
$2,034,005
2020
$16,551 (+2.9%)
$569,142 + $1,088,914
$1,658,056
2019
$16,084 (+7.2%)
$552,565 + $1,067,018
$1,619,583
2018
$15,006 (+4.3%)
$536,471 + $968,471
$1,504,942
2017
$14,390 (+5.1%)
$520,846 + $953,114
$1,473,960
2016
$13,694
$500,813 + $932,639
$1,433,452
Tax history for 164 Red Cedar Way
Year
Property tax
Land + Additions
Assessment*
2025
$32,774 (−7.2%)
$640,762 + $2,986,428
$3,627,190
2024
$35,320 (+22.9%)
$640,762 + $3,225,986
$3,866,748
2023
$28,736 (+1.0%)
2022
$28,446 (+44.5%)
$711,246 + $2,396,388
$3,107,634
2021
$19,689 (+19.0%)
$622,099 + $1,411,906
$2,034,005
2020
$16,551 (+2.9%)
$569,142 + $1,088,914
$1,658,056
2019
$16,084 (+7.2%)
$552,565 + $1,067,018
$1,619,583
2018
$15,006 (+4.3%)
$536,471 + $968,471
$1,504,942
2017
$14,390 (+5.1%)
$520,846 + $953,114
$1,473,960
2016
$13,694
$500,813 + $932,639
$1,433,452
*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
6
Baths
6
Stories
3.5
Lot width
7 ft.
Lot depth
11 ft.
Lot size
7,405 Sq. Ft.
Year renovated
2015
Sq. Ft.
4,433
Year built
2015
Style
Single Family Residential
County
Walton County
APN
153S19254150000110
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 26, 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
Parking Features: Carport Attached
Carport Spaces: 1.00
Driveway Spaces: 2.00
Interior
Bedroom Information
Bedrooms: 5
Bedroom: Second
Master Bedroom: First, Second
Bathroom Information
Full Baths: 4
Half Baths: 2
Total Baths: 6.00
Master Bedroom/Master Bath: MBath Double Vanity, MBath Garden Tub, MBath Separate Shwr, MBath Walk-In Closet, MBed First Floor
Interior: Breakfast Bar, Built-In Bookcases, Ceiling Beamed, Ceiling Raised, Fireplace, Floor Hardwood, Furnished - Some, Kitchen Island, Lighting Recessed, Owner's Closet, Pantry, Shelving, Walls Wainscoting, Window Treatment All
Exterior
Exterior Features
Has Pool
Pool Type: Private
Exterior: Pool - Heated, Pool - In-Ground, Porch, Porch Screened, Shower, Workshop
Lot Information
Acreage: 0.17
Lot Dimensions: 73 x 110 x 63 x 110
Lot Features: Covenants, Restrictions, Within 1/2 Mile to Water
Lot/Parcel Access: County Road, Paved Road
Zoning: Residential Single Family
Building Information
Construction Status: Construction Complete
Financial
Tax Information
Last Tax Year: 2018
Last Taxes: 15005.93
Financial Information
Mortgage Type: Conventional
Brokerage Interest: No Interest
Utilities
Utility Information
Utilities: Electric, Gas - Natural, Phone, Public Sewer, Public Water, TV Cable
Energy: AC - 2 or More
Location
Assessment Information
Assessment Fees: Yes
Assessment Amount: 1170.00
Assessment Paid: Quarterly
Homeowners Association Information
Fees Include: Ground Keeping, Internet Service, 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 #: 164
Street Name: Red Cedar
Street Suffix: Way
City: Santa Rosa Beach
County: Walton
State: FL
Zip Code: 32459
Project Name/Subdivision: WATERCOLOR
Absolute Longitude: 86.133939
Longitude: -86.133939
Latitude: 30.325701
Directions: heading south on 395, turn left onto W Lake Forest Dr., turn right and continue on W Lake Forest Dr., turn left onto Acorn Dr., veer right on Red Cedar Way, the home will be on your right
Project Facilities
BBQ Pit/Grill, Beach, Deed Access, Dock, Exercise Room, Fishing, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable, Waterfront
Public facts
Beds: 6
Baths: 6.0
Sq. Ft.: 4,433
Stories: 3.5
Lot Size: 7,405 square feet
Style: Single Family Residential
Year Built: 2015
Year Renovated: 2015
County: Walton County
APN: 153S19254150000110
Home facts updated by county records on Aug 26, 2026
Other
Listing Price Information
List Price: 2545000.00
List Price/SqFt: 574.10
Property Information
Apx SqFt(Htd/Cooled): 4433.00
Design: Beach House
Sub-Type: Detached Single Family
Waterview: Coastal Dune Lakes
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
2/10 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)
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
$3.96M – $4.79M
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