OFF MARKET

Off Market Oct 2022 for $2.2M

$1,981,323

Est. refi paymentEst. refi $9,716/mo

•

1,798

sq ft

37 Red Cedar Way, Santa Rosa Beach, FL 32459

About this home

This upscale Florida Cottage in the highly coveted community of Watercolor is ready to welcome new owners! This home is in a prime location, just a block away from Camp Watercolor and it's two pools with slides, lazy river, playground, basketball court, and poolside restaurant. From the screened in front porch to the cozy living area, this home welcomes you in with a warm atmosphere to rest and relax after days spent enjoying the fun and sun. With a modern coastal interior and upgraded stainless steel appliances, the home feels luxurious while remaining comfortable and inviting. It is one level, so no stairs to climb. Each of the three bedrooms feature an en suite bath, and the master has a double vanity and deep soaking tub. If you're looking for a fabulous residence, vacation home, or income producing rental property, look no further! Let the reviews speak for themselves! "Perfect location, lovely home." / "This is the 5th time in this house--this should say it all." / "The location was great! Just one turn off of Western Lake Drive in Watercolor and walking distance to Camp Watercolor, which is always a big hit with our kids. The house had plenty of space for our family of five, including a four-bunk room for the kids. Screened in porch was perfect for morning coffee and relaxing and big dining room table had room for all of us, plus puzzles and games. Beach access is easy through the pools and beach club and the milkshake counter was a nice addition to the pool area." / "We loved the location so near to camp watercolor and we loved the one-story layout that felt open and spacious yet cozy."

Single-familyProperty Type

2004Year Built

6,098 sq ftLot Size

$1,102Est. Price/Sq.Ft.

Listed by Bradley Smith • EXP Realty LLC

Bought with Christopher Lambert • Lambert Realty and Development

Redfin checked: 2 minutes ago

•Source:ECAR #900771

Redfin Estimate

$1,981,323

$294K since sold in October 2022$41K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 17.9% lower than the average sale price ($2.41M) of 6 comparable homes.

SOLD JUN 4, 2026
$2,780,000
A
3 beds3.5 baths2,434 sq ft
384 Red Cedar Way, Santa Rosa Beach, FL 32459
SOLD JUN 9, 2026
$2,280,000
B
3 beds4 baths2,284 sq ft
214 Spartina Cir, Santa Rosa Beach, FL 32459
SOLD SEP 30, 2025
$1,925,000
C
3 beds3 baths2,015 sq ft
58 Pine Needle Way, Santa Rosa Beach, FL 32459
SOLD JUN 12, 2026
$2,650,000
D
3 beds3.5 baths2,611 sq ft
35 Rain Lily Ln, Santa Rosa Beach, FL 32459
SOLD JUL 26, 2026
$2,650,000
E
4 beds3.5 baths2,496 sq ft
86 Thicket Cir, Santa Rosa Beach, FL 32459
SOLD AUG 20, 2026
$2,200,000
F
3 beds3.5 baths1,671 sq ft
181 Smolian Cir, Santa Rosa Beach, FL 32459

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Earn from this home

Sell

$181,510

Est. take-home

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Refinance

Est. cash available

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Rent

$4,097/mo

Redfin rental estimate

List your home for rent

Market trends in 32459, FL

Last updated August 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

95.5%

+0.2% MoM

Median sale price

$960K

$10K MoM

Avg. days on market

91d

2 days MoM

Recently sold homes

396

1 MoM

New listings for sale

NEW 5 HRS AGO
$1,089,000
4 beds4 baths2,112 sq ft
15 Summer Place Ln #3, Santa Rosa Beach, FL 32459
NEW 8 HRS AGO
$565,000
2 beds2.5 baths1,252 sq ft
111 Cassine Garden Cir Unit 133, Santa Rosa Beach, FL 32459
NEW 11 HRS AGO
$1,295,000
5 beds3 baths1,765 sq ft
84 Vicki St, Santa Rosa Beach, FL 32459
NEW 15 HRS AGO
$3,625,000
5 beds7 baths4,712 sq ft
273 Churchill Oaks Dr, Santa Rosa Beach, FL 32459
NEW 19 HRS AGO
$1,225,000
3 beds3 baths1,725 sq ft
335 San Juan Ave, Santa Rosa Beach, FL 32459
FOR SALE BY OWNER
$300,000
2 beds2 baths— sq ft
95 Madge Ln, Santa Rosa Beach, FL 32459
NEW 30 HRS AGO
$625,000
3 beds2.5 baths1,687 sq ft
67 Herons Xing Unit 1C, Santa Rosa Beach, FL 32459
$2,765,000
5 beds5.5 baths3,507 sq ft
2228 W County Hwy 30a, Santa Rosa Beach, FL 32459
NEW 32 HRS AGO
$5,325,000
4 beds4 baths2,236 sq ft
108 Old Miller Pl, Santa Rosa Beach, FL 32459
FOR SALE BY OWNER
$995,000
3 beds4 baths2,165 sq ft
215 Ricker Ave, Santa Rosa Beach, FL 32459
See all

Provided by Redfin

Sale history for 37 Red Cedar Way

Date

Event

Price

ECAR #900771

Oct 4, 2022

Sold

$2,275,000

$1,265/sq ft

Oct 4, 2022

Sold

$2,275,000

$1,265/sq ft

Aug 18, 2022

Pending

—

Aug 18, 2022

Pending

—

Jul 7, 2022

Relisted

—

Jul 7, 2022

Relisted

—

Jun 16, 2022

Delisted

—

Jun 16, 2022

Listing Removed

—

Jun 9, 2022

Listed

$2,395,000

$1,332/sq ft

Jun 9, 2022

Listed

$2,395,000

$1,332/sq ft

+54

ECAR #758619

Dec 21, 2016

Sold

$920,000

$512/sq ft

Dec 21, 2016

Sold

$920,000

$512/sq ft

Aug 10, 2016

Listed

$995,000

$553/sq ft

+20

3 Bedroom, 3 bath single story Florida cottage! One block away from Camp WaterColor Pool and Playground. This home has an open living area and is great for entertaining! The kitchen offers upgraded stainless steel appliances and has an island. Each bedroom is complete with its own bathroom. And there is a large screened in porch for relaxing! Enjoy all the amenities that Watercolor has to offer and just minutes from the beautiful white sandy beaches!

NAMLS #521046

Mar 19, 2010

Sold

$750,000

$417/sq ft

Mar 19, 2010

Sold

$750,000

$417/sq ft

Jul 25, 2009

Listed

$895,000

$498/sq ft

Jul 25, 2009

Listed

$895,000

$498/sq ft

NAMLS #386545

May 2, 2006

Sold

$1,325,000

$737/sq ft

May 2, 2006

Sold

$1,325,000

$737/sq ft

Apr 18, 2005

Listed

$1,400,000

$779/sq ft

Apr 18, 2005

Listed

$1,400,000

$779/sq ft

ECAR #356349

Feb 17, 2004

Listed

$895,000

$498/sq ft

Public Records

Nov 20, 2002

Sold

$181,500

$101/sq ft

Public Records

Sep 25, 2002

Sold

$17,568,600

$9,771/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$14,065 (−5.9%)

$582,511 + $974,123

$1,556,634

2024

$14,953 (+8.1%)

$582,511 + $1,054,510

$1,637,021

2023

$13,831 (+19.8%)

$582,511 + $939,650

$1,522,161

2022

$11,540 (+18.5%)

2021

$9,738 (+10.2%)

2020

$8,838 (+2.1%)

$517,402 + $367,918

$885,320

2019

$8,652 (+4.6%)

$502,332 + $368,928

$871,260

2018

$8,269 (+2.1%)

$487,701 + $341,607

$829,308

2017

$8,095 (+5.0%)

$473,496 + $343,289

$816,785

2016

$7,710 (+5.3%)

$455,285 + $335,775

$791,060

2015

$7,324 (+8.3%)

$425,500 + $331,309

$756,809

2014

$6,765

Tax history for 37 Red Cedar Way

Year

Property tax

Land + Additions

Assessment*

2025

$14,065 (−5.9%)

$582,511 + $974,123

$1,556,634

2024

$14,953 (+8.1%)

$582,511 + $1,054,510

$1,637,021

2023

$13,831 (+19.8%)

$582,511 + $939,650

$1,522,161

2022

$11,540 (+18.5%)

2021

$9,738 (+10.2%)

2020

$8,838 (+2.1%)

$517,402 + $367,918

$885,320

2019

$8,652 (+4.6%)

$502,332 + $368,928

$871,260

2018

$8,269 (+2.1%)

$487,701 + $341,607

$829,308

2017

$8,095 (+5.0%)

$473,496 + $343,289

$816,785

2016

$7,710 (+5.3%)

$455,285 + $335,775

$791,060

2015

$7,324 (+8.3%)

$425,500 + $331,309

$756,809

2014

$6,765

*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
Permits

Beds

Baths

Stories

Lot width

5 ft.

Lot depth

12 ft.

Lot size

5,793 Sq. Ft.

Year renovated

2004

Sq. Ft.

1,798

Year built

2004

Style

Single Family Residential

County

Walton County

APN

153S19254150000350

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 26, 2026.

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
No
No

Interior

Bedroom Information
Bedrooms: 3
Bedroom: First
Master Bedroom: First

Bathroom Information
Full Baths: 3
Half Baths: 0
Total Baths: 3.00
Master Bedroom/Master Bath: MBed First Floor

Room Information
Rooms: Bedroom, Great Room, Kitchen, Master Bedroom
Kitchen: First

Room 1
Kitchen
Area: 104.00
Dimensions: 13 x 8
Length: 13.00
Width: 8.00
Level: 1

Room 2
Great Room
Area: 527.00
Dimensions: 31 x 17
Length: 31.00
Width: 17.00
Level: 1

Room 3
Master Bedroom
Area: 204.00
Dimensions: 17 x 12
Length: 17.00
Width: 12.00
Level: 1

Room 4
Bedroom
Area: 144.00
Dimensions: 12 x 12
Length: 12.00
Width: 12.00
Level: 1

Room 5
Bedroom
Area: 201.60
Dimensions: 16 x 12.6
Length: 16.00
Width: 12.60
Level: 1

Interior Features
Appliances: Dishwasher, Dryer, Microwave, Refrigerator W/IceMk, Smooth Stovetop Rnge, Stove/Oven Electric, Washer
Interior: Furnished - All

Exterior

Exterior Features
Has Pool
Pool Type: Community
Exterior: Porch Screened

Lot Information
Acreage: 0.14
Lot Dimensions: 118 x 50 x 115 x 50
Lot Features: Covenants, Restrictions
Lot/Parcel Access: Paved Road
Zoning: Residential Single Family

Building Information
Construction Status: Construction Complete

Financial

Tax Information
Last Tax Year: 2021
Last Taxes: 9737.85

Financial Information
Mortgage Type: Conventional
Brokerage Interest: No Interest
Buyer
Seller

Utilities

Utility Information
Utilities: Electric, Public Sewer, Public Water, TV Cable
Energy: AC - Central Elect, Ceiling Fans, Heat Cntrl Electric, Water Heater - Elect

Location

Assessment Information
Assessment Fees: Yes
Assessment Amount: 1272.00
Assessment Paid: Quarterly

Homeowners Association Information
Fees Include: Ground Keeping, Internet Service, Master Association, Recreational Faclty, Security, Trash, TV Cable
New Buyer Fee
%

School Information
Elementary School: Bay
Middle School: Emerald Coast
High School: South Walton

Location Information
Sub Area: 1802 - East of Hwy 395
Area: 18 - 30A East
Street #: 37
Street Name: Red Cedar
Street Suffix: Way
City: Santa Rosa Beach
County: Walton
State: FL
Zip Code: 32459
Project Name/Subdivision: WATERCOLOR
Absolute Longitude: 86.13259
Longitude: -86.13259
Latitude: 30.32718
Directions: From Hwy 98, turn south onto Hwy 395 (Seagrove). At the first red light, turn right into Watercolor. Take a right at the three way stop onto W Lake Forest Dr. Follow until turning onto Acorn Way on your left. Keep left on Red Cedar Way and look for 37 on your left. Parking in the rear may be easier, and if so, follow Red Cedar around to Spartina and then onto Bracken Fern.

Project Facilities
Beach, Community Room, Deed Access, Dock, Fishing, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,798
Stories: 1.0
Lot Size: 5,793 square feet
Style: Single Family Residential
Year Built: 2004
Year Renovated: 2004
County: Walton County
APN: 153S19254150000350

Home facts updated by county records on Aug 26, 2026

Other

Listing Price Information
List Price: 2395000.00
List Price/SqFt: 1332.04

Property Information
Apx SqFt(Htd/Cooled): 1798.00
Design: Florida Cottage
Sub-Type: Detached Single Family

Around this home

Schools

Dune Lakes Elementary School

Public K-5 • Assigned • 3.7mi

10/10

Emerald Coast Middle School

Public 6-8 • Assigned • 2.4mi

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

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)

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

$1.88M – $2.28M

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Nearby similar homes

NEW 19 HRS AGO

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3 beds3 baths1,725 sq ft

335 San Juan Ave, Santa Rosa Beach, FL 32459

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5 beds4.5 baths3,363 sq ft

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16 Days Ln, Santa Rosa Beach, FL 32459

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5 beds6 baths3,918 sq ft

9 Bowline Aly, Santa Rosa Beach, FL 32459

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3 beds3.5 baths2,304 sq ft

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New listings for sale in 32459

NEW 5 HRS AGO

$1,089,000

4 beds4 baths2,112 sq ft

15 Summer Place Ln #3, Santa Rosa Beach, FL 32459

NEW 8 HRS AGO

$565,000

2 beds2.5 baths1,252 sq ft

111 Cassine Garden Cir Unit 133, Santa Rosa Beach, FL 32459

NEW 11 HRS AGO3D WALKTHROUGH

$1,295,000

5 beds3 baths1,765 sq ft

84 Vicki St, Santa Rosa Beach, FL 32459

NEW 15 HRS AGO

$3,625,000

5 beds7 baths4,712 sq ft

273 Churchill Oaks Dr, Santa Rosa Beach, FL 32459

NEW 19 HRS AGO

$1,225,000

3 beds3 baths1,725 sq ft

335 San Juan Ave, Santa Rosa Beach, FL 32459

FOR SALE BY OWNER

$300,000

2 beds2 baths— sq ft

95 Madge Ln, Santa Rosa Beach, FL 32459

NEW 30 HRS AGO

$625,000

3 beds2.5 baths1,687 sq ft

67 Herons Xing Unit 1C, Santa Rosa Beach, FL 32459

$2,765,000

5 beds5.5 baths3,507 sq ft

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NEW 32 HRS AGO

$5,325,000

4 beds4 baths2,236 sq ft

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Home values near 37 Red Cedar Way

Data from public records.

Address	Redfin Estimate
75 Red Cedar Way, Santa Rosa Beach, FL 3 Beds \| 3 Baths \| 2240 Sq. Ft.	$1,769,297
65 Red Cedar Way, Santa Rosa Beach, FL 5 Beds \| 4 Baths \| 2997 Sq. Ft.	$2,261,182

Address	Redfin Estimate
60 Red Cedar Way, Santa Rosa Beach, FL 4 Beds \| 4 Baths \| 2556 Sq. Ft.	$3,014,045
57 Red Cedar Way, Santa Rosa Beach, FL 4 Beds \| 4.5 Baths \| 2629 Sq. Ft.	$2,296,019

Address	Redfin Estimate
47 Red Cedar Way, Santa Rosa Beach, FL 4 Beds \| 4.5 Baths \| 2322 Sq. Ft.	$2,258,712
85 Red Cedar Way, Santa Rosa Beach, FL 4 Beds \| 4.5 Baths \| 2675 Sq. Ft.	$2,672,867

Property information provided by ECAR when last listed in 2022. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 32459, FL

Sale history for 37 Red Cedar Way

Tax history for 37 Red Cedar Way

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 32459

Home values near 37 Red Cedar Way

More real estate resources