This conveniently located Watercolor home has lots of charm. The open living area features a breakfast bar, dining area with built in banquettes, and a fireplace. Wolf Range and Subzero refrigerator, with honed granite countertops will delight the cook in the family. Two bedrooms downstairs, each with bath (one could serve as a master). On the second floor is a true master with ensuite bath, additional guest bedroom and a bunkroom. The outdoor space is a treat. Backing up to a green area, the open porch, screened porch and upstairs sleeping porch give you many choices for relaxing. Easy bike to the beach club, boathouse and tennis. Walk to Camp Watercolor! 82K in rentals last year.
Single-familyProperty Type
2006Year Built
$962Est. Price/Sq.Ft.
3 spacesParking
Listed by Karen Wagner• The Premier Property Group Watercolor Office
Bought with Larry Davis• Davis Properties Of Nw Fl
This conveniently located Watercolor home has lots of charm. The open living area features a breakfast bar, dining area with built in banquettes, and a fireplace. Wolf Range and Subzero refrigerator, with honed granite countertops will delight the cook in the family. Two bedrooms downstairs, each with bath (one could serve as a master). On the second floor is a true master with ensuite bath, additional guest bedroom and a bunkroom. The outdoor space is a treat. Backing up to a green area, the open porch, screened porch and upstairs sleeping porch give you many choices for relaxing. Easy bike to the beach club, boathouse and tennis. Walk to Camp Watercolor! 82K in rentals last year.
ECAR #706552
Nov 19, 2014
Sold
$1,150,000
$454/sq ft
Nov 19, 2014
Sold
$1,150,000
$454/sq ft
May 30, 2014
Listed
$1,249,000
$493/sq ft
ECAR #544662
Jan 14, 2011
Sold
$865,000
$342/sq ft
Jan 14, 2011
Sold
$865,000
$342/sq ft
Sep 2, 2010
Listed
$949,550
$375/sq ft
Sep 2, 2010
Listed
$949,550
$375/sq ft
NAMLS #516532
Feb 15, 2010
Listing Removed
—
May 15, 2009
Listed
$975,000
$385/sq ft
May 15, 2009
Listed
$975,000
$385/sq ft
ECAR #391477
Aug 3, 2006
Sold
$1,375,000
$543/sq ft
Aug 3, 2006
Sold
$1,375,000
$543/sq ft
May 31, 2005
Listed
$1,430,000
$565/sq ft
May 31, 2005
Listed
$1,430,000
$565/sq ft
ECAR #340605
Mar 28, 2003
Listed
$355,000
$140/sq ft
Public Records
Oct 8, 2002
Sold
$186,500
$74/sq ft
Public Records
Aug 19, 2002
Sold
$11,314,600
$4,470/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$16,686 (+2.8%)
2024
$16,228 (+10.3%)
2023
$14,715 (+4.5%)
2022
$14,079 (+20.2%)
2021
$11,711 (+17.9%)
2020
$9,931 (+2.6%)
$543,272 + $451,603
$994,875
2019
$9,681 (+2.9%)
$527,448 + $447,362
$974,810
2018
$9,405 (+2.0%)
$512,086 + $431,155
$943,241
2017
$9,220 (+2.2%)
$497,171 + $433,079
$930,250
2016
$9,022 (−3.6%)
$478,049 + $423,623
$901,672
2015
$9,357 (+8.0%)
$446,775 + $473,754
$920,529
2014
$8,660
Tax history for 328 Red Cedar Way
Year
Property tax
Land + Additions
Assessment*
2025
$16,686 (+2.8%)
2024
$16,228 (+10.3%)
2023
$14,715 (+4.5%)
2022
$14,079 (+20.2%)
2021
$11,711 (+17.9%)
2020
$9,931 (+2.6%)
$543,272 + $451,603
$994,875
2019
$9,681 (+2.9%)
$527,448 + $447,362
$974,810
2018
$9,405 (+2.0%)
$512,086 + $431,155
$943,241
2017
$9,220 (+2.2%)
$497,171 + $433,079
$930,250
2016
$9,022 (−3.6%)
$478,049 + $423,623
$901,672
2015
$9,357 (+8.0%)
$446,775 + $473,754
$920,529
2014
$8,660
*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
4
Stories
2
Lot width
7 ft.
Lot depth
11 ft.
Lot size
7,754 Sq. Ft.
Year renovated
2006
Sq. Ft.
2,531
Year built
2006
Style
Single Family Residential
County
Walton County
APN
153S19254130000010
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
Driveway Spaces: 3.00
Interior
Bedroom Information
Bedrooms: 4
Bedroom: First, Second
Master Bedroom: First, Second
Bathroom Information
Full Baths: 4
Half Baths: 1
Total Baths: 5.00
Master Bedroom/Master Bath: MBed First Floor
Room Information
Rooms: Bedroom, Bunk Room, Living Room, Master Bedroom
Living Room: First
Room 1
Living Room
Area: 300.00
Dimensions: 20 x 15
Dimensions: 20 x 15
Length: 20.00
Width: 15.00
Level: 1
Room Level: 1
Room 2
Master Bedroom
Area: 191.77
Dimensions: 15.1 x 12.7
Dimensions: 12.7 x 15.10
Length: 15.10
Width: 12.70
Level: 1
Room Level: 1
Room 3
Bedroom
Area: 166.98
Dimensions: 13.8 x 12.1
Dimensions: 13.8 x 12.10
Length: 13.80
Width: 12.10
Level: 1
Room Level: 1
Room 4
Master Bedroom
Area: 286.00
Dimensions: 22 x 13
Dimensions: 22 x 13
Length: 22.00
Width: 13.00
Level: 2
Room Level: 2
Room 5
Bedroom
Area: 139.20
Dimensions: 12 x 11.6
Dimensions: 12 x 11.6
Length: 12.00
Width: 11.60
Level: 2
Room Level: 2
Room 6
Bunk Room
Area: 110.00
Dimensions: 11 x 10
Dimensions: 10 x 11
Length: 11.00
Width: 10.00
Level: 2
Room Level: 2
Interior Features
Appliances: Cooktop, Dishwasher, Disposal, Range Hood, Refrigerator, Stove/Oven Gas
Directions: From US 98, turn south onto Cty Hwy 395. Turn right at the first stop light, onto Lake Forest Drive in Watercolor. At stop sign, turn left. Left onto Red Cedar, home is on the corner of Western Lake Drive.
Project Facilities
BBQ Pit/Grill, Beach, Deed Access, Dock, Exercise Room, Fishing, Marina, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable, Waterfront
Public facts
Beds: 4
Baths: 4.0
Sq. Ft.: 2,531
Stories: 2.0
Lot Size: 7,754 square feet
Style: Single Family Residential
Year Built: 2006
Year Renovated: 2006
County: Walton County
APN: 153S19254130000010
Home facts updated by county records on Aug 26, 2026
Other
Listing Price Information
List Price: 1290000.00
List Price/SqFt: 509.68
Property Information
Apx SqFt(Htd/Cooled): 2531.00
Design: Florida Cottage
Sub-Type: Detached Single Family
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 • 2.6mi
8/10
South Walton High School
Public 9-12 • Assigned • 4.8mi
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
10/10 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
$2.31M – $2.80M
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