Custom home with rental revenue over $140,000/yr! This luxury home is being sold furnished, with 5 bikes, and all the outdoor furniture needed for over 2,000 sq. ft in porches! Combined with 3 fireplaces, there is ample space for both indoor and outdoor gatherings. The lot is adjacent to a 10' buffered bike path adding extra space between homes. Spacious, open living with ample room for family and friends. New paint and outdoor decks freshly stained. The master bedroom features a beamed coffered ceiling, cottage wainscoting, custom maple closets as well as a bath that features an Ultra Bain Air Jacuzzi tub, and double shower heads in the spa-like shower with split-face European stone. Each guest bath features tumbled marble tile floors and intricate mosaic marble tile showers, as well as custom hand rubbed antique finish cabinets and Fleur de Lis high-end reproduction plumbing fixtures. Kitchen features include granite countertops and 2 sinks. The kitchen island adds extra room in addition to the large round dining table and built-in breakfast nook. For either a 2nd home or investment property, this home checks all the boxes.
Single-familyProperty Type
2007Year Built
$852Est. Price/Sq.Ft.
6 spacesParking
Listed by Chris Sause• Berkshire Hathaway Home Services PenFed Realty
Listed by Dale Stackable• Berkshire Hathaway Home Services PenFed Realty
Bought with R. Southern & J. Skinner Skinner• Rosemary Beach Realty LLC
Custom home with rental revenue over $140,000/yr! This luxury home is being sold furnished, with 5 bikes, and all the outdoor furniture needed for over 2,000 sq. ft in porches! Combined with 3 fireplaces, there is ample space for both indoor and outdoor gatherings. The lot is adjacent to a 10' buffered bike path adding extra space between homes. Spacious, open living with ample room for family and friends. New paint and outdoor decks freshly stained. The master bedroom features a beamed coffered ceiling, cottage wainscoting, custom maple closets as well as a bath that features an Ultra Bain Air Jacuzzi tub, and double shower heads in the spa-like shower with split-face European stone.
ECAR #814351
Feb 7, 2020
Delisted
—
Feb 7, 2020
Listing Removed
—
Jan 23, 2020
Listed
$1,825,000
$555/sq ft
Jan 7, 2019
Listed
$1,825,000
$555/sq ft
NAMLS #779610
Dec 30, 2017
Listing Removed
—
Jul 17, 2017
Listed
$1,869,000
$568/sq ft
Jul 17, 2017
Listed
$1,869,000
$568/sq ft
NAMLS #759755
Jan 2, 2017
Listing Removed
—
Aug 28, 2016
Listed
$1,825,000
$555/sq ft
Aug 28, 2016
Listed
$1,825,000
$555/sq ft
NAMLS #605527
Apr 19, 2016
Listing Removed
—
Sep 30, 2013
Listed
$1,850,000
$563/sq ft
Sep 30, 2013
Listed
$1,850,000
$563/sq ft
NAMLS #427598
Jun 30, 2007
Listing Removed
—
Apr 21, 2006
Listed
$2,595,000
$789/sq ft
Apr 21, 2006
Listed
$2,595,000
$789/sq ft
NAMLS #361441
Jul 15, 2004
Sold
$560,000
$170/sq ft
Jul 15, 2004
Sold
$560,000
$170/sq ft
May 14, 2004
Listed
$575,000
$175/sq ft
May 14, 2004
Listed
$575,000
$175/sq ft
Public Records
Apr 30, 2004
Sold
$200,000
$61/sq ft
Public Records
Mar 7, 2003
Sold
$291,500
$89/sq ft
Public Records
Sep 25, 2002
Sold
$17,568,600
$5,343/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$25,104 (−7.0%)
$640,762 + $2,137,515
$2,778,277
2024
$26,979 (+9.9%)
$640,762 + $2,312,818
$2,953,580
2023
$24,542 (+6.5%)
$640,762 + $2,060,237
$2,700,999
2022
$23,053 (+46.8%)
$711,246 + $1,776,340
$2,487,586
2021
$15,707 (+11.5%)
2020
$14,087 (+3.6%)
$569,142 + $842,087
$1,411,229
2019
$13,598 (+5.5%)
$552,565 + $816,710
$1,369,275
2018
$12,884 (+2.8%)
$536,471 + $755,660
$1,292,131
2017
$12,531 (+1.4%)
$520,846 + $743,483
$1,264,329
2016
$12,363 (+3.2%)
$500,813 + $734,696
$1,235,509
2015
$11,975 (+3.2%)
$468,050 + $710,098
$1,178,148
2014
$11,606
Tax history for 254 Red Cedar Way
Year
Property tax
Land + Additions
Assessment*
2025
$25,104 (−7.0%)
$640,762 + $2,137,515
$2,778,277
2024
$26,979 (+9.9%)
$640,762 + $2,312,818
$2,953,580
2023
$24,542 (+6.5%)
$640,762 + $2,060,237
$2,700,999
2022
$23,053 (+46.8%)
$711,246 + $1,776,340
$2,487,586
2021
$15,707 (+11.5%)
2020
$14,087 (+3.6%)
$569,142 + $842,087
$1,411,229
2019
$13,598 (+5.5%)
$552,565 + $816,710
$1,369,275
2018
$12,884 (+2.8%)
$536,471 + $755,660
$1,292,131
2017
$12,531 (+1.4%)
$520,846 + $743,483
$1,264,329
2016
$12,363 (+3.2%)
$500,813 + $734,696
$1,235,509
2015
$11,975 (+3.2%)
$468,050 + $710,098
$1,178,148
2014
$11,606
*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
4
Baths
5
Stories
2
Lot width
6 ft.
Lot depth
10 ft.
Lot size
6,403 Sq. Ft.
Year renovated
2007
Sq. Ft.
3,288
Year built
2007
Style
Single Family Residential
County
Walton County
APN
153S19254150000060
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.
Directions: Traveling West on Hwy 98 turn Left onto Hwy. 395 (south) and follow to Watercolor Crossings / Publix. Turn Right into Watercolor and at the Stop Sign, turn left onto Western Lake Drive and continue to Red Cedar Way - 254 is on the left.
Project Facilities
BBQ Pit/Grill, Beach, Deed Access, Exercise Room, Picnic Area, Playground, Pool, Tennis, TV Cable, Waterfront
Public facts
Beds: 4
Baths: 5.0
Sq. Ft.: 3,288
Stories: 2.0
Lot Size: 6,403 square feet
Style: Single Family Residential
Year Built: 2007
Year Renovated: 2007
County: Walton County
APN: 153S19254150000060
Home facts updated by county records on Sep 8, 2026
Other
Listing Price Information
List Price: 1775000.00
List Price/SqFt: 539.84
Property Information
Apx SqFt(Htd/Cooled): 3288.00
Design: Beach House
Sub-Type: Detached Single Family
Listing Information
As Is
Around this home
Schools
Dune Lakes Elementary School
Public K-5 • Assigned • 3.8mi
10/10
Emerald Coast Middle School
Public 6-8 • Assigned • 2.6mi
8/10
South Walton High School
Public 9-12 • Assigned • 4.7mi
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)
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
$2.66M – $3.22M
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