A rare opportunity to own one of WaterColor's most prestigious properties. This beautiful home is situated on a corner lot overlooking a tranquil pond near providing a perfect view from the large porches and balconies. The first floor has a large open floor plan that feature fine details including hardwood floors, 12' ceilings, Wolf and Subzero appliances and marble countertops. Two large master bedrooms on the first and second floors. The second floor has two additional guest bedrooms and a bunk room. The third floor features six additional bunk beds. Another separate guest quarters is found the carriage house above the two car garage. A large outdoor living area complete with a fireplace for those memorable evenings. Perfect for a large family getaway, or rental investment.
Single-familyProperty Type
2013Year Built
$980Est. Price/Sq.Ft.
2 car garageParking
Listed by Janet Murphy• Scenic Sotheby's International Realty
Bought with Mike Vogel• Scenic Sotheby's International Realty
A rare opportunity to own one of WaterColor's most prestigious properties. This beautiful home is situated on a corner lot overlooking a tranquil pond near providing a perfect view from the large porches and balconies. The first floor has a large open floor plan that feature fine details including hardwood floors, 12' ceilings, Wolf and Subzero appliances and marble countertops. Two large master bedrooms on the first and second floors. The second floor has two additional guest bedrooms and a bunk room. The third floor features six additional bunk beds. Another separate guest quarters is found the carriage house above the two car garage. A large outdoor living area complete with a fireplace for those memorable evenings. Perfect for a large family getaway, or rental investment.
ECAR #870445
Oct 7, 2021
Delisted
—
Oct 6, 2021
Listing Removed
—
Aug 17, 2021
Price Changed
$4,950,000
$1,036/sq ft
Jun 24, 2021
Price Changed
$5,350,000
$1,120/sq ft
Apr 28, 2021
Listed
$5,750,000
$1,204/sq ft
Apr 16, 2021
Listed
$4,950,000
$1,036/sq ft
NAMLS #744533
Aug 9, 2017
Listing Removed
—
Jan 13, 2016
Listed
$3,199,000
$670/sq ft
Jan 13, 2016
Listed
$3,199,000
$670/sq ft
ECAR #506070
May 16, 2012
Sold
$469,000
$98/sq ft
May 16, 2012
Sold
$469,000
$98/sq ft
Nov 17, 2008
Listed
$469,000
$98/sq ft
Public Records
Jun 3, 2004
Sold
$495,000
$104/sq ft
ECAR #357028
Mar 5, 2004
Listed
$495,000
$104/sq ft
Public Records
Nov 21, 2002
Sold
$719,300
$151/sq ft
Public Records
Sep 25, 2002
Sold
$17,568,600
$3,679/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$36,632 (−7.6%)
$728,139 + $3,326,044
$4,054,183
2024
$39,634 (+11.1%)
2023
$35,681 (+34.9%)
$728,139 + $3,198,700
$3,926,839
2022
$26,456 (+25.4%)
2021
$21,104 (+12.5%)
2020
$18,761 (+3.6%)
$646,752 + $1,232,625
$1,879,377
2019
$18,107 (+7.3%)
$627,915 + $1,195,319
$1,823,234
2018
$16,875 (+2.1%)
$609,626 + $1,082,810
$1,692,436
2017
$16,531 (+1.9%)
$591,870 + $1,076,020
$1,667,890
2016
$16,225 (+3.1%)
$569,106 + $1,052,407
$1,621,513
2015
$15,744 (−1.4%)
$531,875 + $1,017,000
$1,548,875
2014
$15,970
Tax history for 241 Red Cedar Way
Year
Property tax
Land + Additions
Assessment*
2025
$36,632 (−7.6%)
$728,139 + $3,326,044
$4,054,183
2024
$39,634 (+11.1%)
2023
$35,681 (+34.9%)
$728,139 + $3,198,700
$3,926,839
2022
$26,456 (+25.4%)
2021
$21,104 (+12.5%)
2020
$18,761 (+3.6%)
$646,752 + $1,232,625
$1,879,377
2019
$18,107 (+7.3%)
$627,915 + $1,195,319
$1,823,234
2018
$16,875 (+2.1%)
$609,626 + $1,082,810
$1,692,436
2017
$16,531 (+1.9%)
$591,870 + $1,076,020
$1,667,890
2016
$16,225 (+3.1%)
$569,106 + $1,052,407
$1,621,513
2015
$15,744 (−1.4%)
$531,875 + $1,017,000
$1,548,875
2014
$15,970
*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
8
Baths
7
Stories
3
Lot width
6 ft.
Lot depth
12 ft.
Lot size
6,534 Sq. Ft.
Year renovated
2013
Sq. Ft.
4,776
Year built
2013
Style
Single Family Residential
County
Walton County
APN
153S19254150000470
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.