THIS IS THE LEAST EXPENSIVE HOUSE PER SQUARE FOOT IN WATERCOLOR! SHORT SALE, 90% of the short sale process is over. This transaction could close in a few weeks. Contract must be written to include the buyer to pay ALL closing costs (including St. Joe fee) except doc stamps on the deed and commission, this is not negotiable. This short sale is a cash closing as there are no finance contingencies. 350 Red Cedar Way is truly unique, and was custom designed by Steve Tenace Architects from Tallahassee. Owner is a Florida licensed realtor.
Single-familyProperty Type
2006Year Built
$872Est. Price/Sq.Ft.
3 spacesParking
Listed by Ridge Nye• Scenic Sotheby's International Realty
Bought with Ridge Nye• Scenic Sotheby's International Realty
*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
3
Baths
3
Stories
2
Lot width
6 ft.
Lot depth
11 ft.
Lot size
6,011 Sq. Ft.
Year renovated
2005
Sq. Ft.
2,840
Year built
2005
Style
Single Family Residential
County
Walton County
APN
153S19254130000040
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
Parking Features: Oversized
Street Spaces: 3.00
Interior
Bedroom Information
Bedrooms: 3
Bedroom: First, Second
Master Bedroom: Second
Bathroom Information
Full Baths: 2
Half Baths: 1
Total Baths: 3.00
Room Information
Rooms: Bedroom, Great Room, Master Bathroom, Master Bedroom, Screened Porch
Utilities: Electric, Phone, Public Sewer, Public Water, Tap Fee Paid, TV Cable
Energy: AC - Central Elect, Heat Cntrl Electric
Location
Assessment Information
Assessment Fees: Yes
Assessment Amount: 990.00
Assessment Paid: Quarterly
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 #: 350
Street Name: Red Cedar
Street Suffix: Way
City: Santa Rosa Beach
County: Walton
State: FL
Zip Code: 32459
Project Name/Subdivision: WATERCOLOR
Absolute Longitude: 86.132161
Longitude: -86.132161
Latitude: 30.323353
Directions: Traveling East from Destin on Highway 98, turn right (south) on Highway 283 and follow signs to Watercolor. Go throught main entrance of Watercolor and turn right on Western Lake Dr. Red Cedar Way is
Public facts
Beds: 3
Baths: 3.0
Sq. Ft.: 2,840
Stories: 2.0
Lot Size: 6,011 square feet
Style: Single Family Residential
Year Built: 2005
Year Renovated: 2005
County: Walton County
APN: 153S19254130000040
Home facts updated by county records on Sep 8, 2026
Other
Listing Price Information
List Price: 550000.00
List Price/SqFt: 303.10
Property Information
Apx SqFt(Htd/Cooled): 2260.00
Design: Florida Cottage
Sub-Type: Detached Single Family
Units Above Ground: 0.00
Around this home
Schools
Dune Lakes Elementary School
Public K-5 • Assigned • 3.7mi
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
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
$1.87M – $2.27M
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