SOLD JAN 15, 2026

Off Market Jan 2026 for $2.4M

$2,670,234

Est. refi paymentEst. refi $16,265/mo

•

2,486

sq ft

406 Red Cedar Way, Santa Rosa Beach, FL 32459

About this home

Welcome to your dream home in Watercolor! This stunning 3-bedroom, 3.5-bathroom residence spans a generous 2,486 square feet, perfectly nestled on a 6,380 square foot lot. Designed for comfort and style, this home offers an inviting open kitchen equipped with a sleek island, modern appliances including a dishwasher, microwave, and even a wine cooler for the connoisseur. Enjoy cozy evenings by the fireplace or relish the cool breeze on your charming porch. The formal dining room is perfect for hosting gatherings, while the kitchen dining area offers a more casual setting for meals. With completely replaced central AC system and added hot water pump to ensure hot water up and downstairs while all showers in use at once, your daily routines will be a breeze. Outdoor enthusiasts will love the community amenities, featuring a refreshing pool, tennis court, and playground. Plus, carport parking ensures your vehicle stays protected. Embrace the laid-back lifestyle of Watecolor today! This information is believed to be accurate, but without any warranty.

Single-familyProperty Type

2007Year Built

6,534 sq ftLot Size

$1,074Est. Price/Sq.Ft.

3 spacesParking

Listed by Cole Blair Properties Group • Compass

Bought with Destiny Powell • Innerscope Realty LLC

Redfin checked: a minute ago

•Source:ECAR #989489

Redfin Estimate

$2,670,234

$220K since sold in January 2026$31K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 3.3% higher than the average sale price ($2.59M) 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 JUL 26, 2026
$2,650,000
B
4 beds3.5 baths2,496 sq ft
86 Thicket Cir, Santa Rosa Beach, FL 32459
SOLD JUN 9, 2026
$2,280,000
C
3 beds4 baths2,284 sq ft
214 Spartina Cir, Santa Rosa Beach, FL 32459
SOLD MAR 2, 2026
$2,730,000
D
4 beds3.5 baths2,354 sq ft
96 Tall Timber Ct, Santa Rosa Beach, FL 32459
SOLD JUN 12, 2026
$2,650,000
E
3 beds3.5 baths2,611 sq ft
35 Rain Lily Ln, Santa Rosa Beach, FL 32459
SOLD NOV 21, 2025
$2,425,000
F
3 beds3.5 baths2,626 sq ft
235 W Lake Forest Dr, Santa Rosa Beach, FL 32459

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Earn from this home

Sell

$574,878

Est. take-home

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Refinance

Est. cash available

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Rent

$4,969/mo

Redfin rental estimate

List your home for rent

Market trends in 32459, FL

Last updated July 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

95.3%

0.1% MoM

Median sale price

$952K

$215 MoM

Avg. days on market

93d

8 days MoM

Recently sold homes

403

13 MoM

New listings for sale

NEW 10 HRS AGO
$975,000
3 beds2.5 baths1,972 sq ft
222 Bay Magnolia Ln, Santa Rosa Beach, FL 32459
NEW 14 HRS AGO
$4,590,000
4 beds3.5 baths3,285 sq ft
3820 E County Highway 30a Unit 201, Santa Rosa Beach, FL 32459
NEW 17 HRS AGO
$837,000
3 beds2.5 baths1,896 sq ft
40 Salty Dr, Santa Rosa Beach, FL 32459
NEW 21 HRS AGO
$11,900,000
6 beds6 baths6,726 sq ft
4895 W County Hwy 30a, Santa Rosa Beach, FL 32459
EARLY ACCESS
$695,000
2 beds3 baths1,008 sq ft
Santa Rosa Beach, FL 32459
$1,050,000
2 beds2 baths1,156 sq ft
37 Town Center Loop Unit 418, Santa Rosa Beach, FL 32459
$1,897,000
4 beds4 baths2,730 sq ft
345 Morgans Trl, Santa Rosa Beach, FL 32459
3D WALKTHROUGH
$819,950
5 beds3 baths2,409 sq ft
36 Pine Lake Dr, Santa Rosa Beach, FL 32459
$7,500,000
5 beds5.5 baths4,583 sq ft
45 Days Ln, Santa Rosa Beach, FL 32459
OPEN SAT, 2PM TO 4PM
$3,800,000
10 beds10 baths5,992 sq ft
21 Penny Ln, Santa Rosa Beach, FL 32459
See all

Provided by Redfin

Sale history for 406 Red Cedar Way

Date

Event

Price

ECAR #989489

Jan 15, 2026

Sold

$2,450,000

$986/sq ft

Dec 7, 2025

Pending

—

Nov 12, 2025

Listed

$2,610,000

$1,050/sq ft

NAMLS #865706

Mar 31, 2021

Sold

$2,100,000

$845/sq ft

Mar 31, 2021

Sold

$2,100,000

$845/sq ft

Mar 2, 2021

Pending

—

Mar 1, 2021

Listed

$2,100,000

$845/sq ft

Mar 1, 2021

Listed

$2,100,000

$845/sq ft

+49

Nestled on a quiet street in WaterColor, this custom parkfront home is truly a must-see. This home boasts a freshly painted interior and exterior as well as a tastefully updated kitchen with new cabinets and quartz countertops. The first level features an open kitchen and living area that is great for entertaining and comes complete with a gas fireplace. Also located on the first level is a built in bunk area and two additional guest suites. Both first level bedrooms open up to a large screened-in porch backing up to a nature preserve offering plenty of privacy and relaxation. The Master Suite is located on the second floor and has vaulted ceilings with beautifully exposed cedar beams. This charming residence is only a short stroll to Camp WaterColor, Wood Fern Park and the pool.

NAMLS #782585

Oct 31, 2017

Sold

$1,070,000

$430/sq ft

Oct 31, 2017

Sold

$1,070,000

$430/sq ft

Aug 31, 2017

Listed

$1,190,000

$479/sq ft

NAMLS #701981

May 23, 2014

Sold

$965,000

$388/sq ft

May 23, 2014

Sold

$965,000

$388/sq ft

Mar 27, 2014

Listed

$999,000

$402/sq ft

NAMLS #510974

Nov 4, 2010

Listing Removed

—

Feb 18, 2009

Listed

$1,089,000

$438/sq ft

Feb 18, 2009

Listed

$1,089,000

$438/sq ft

NAMLS #445148

Dec 5, 2008

Listing Removed

—

Sep 29, 2006

Listed

$1,175,000

$473/sq ft

Sep 29, 2006

Listed

$1,175,000

$473/sq ft

Public Records

Feb 23, 2004

Sold

$320,000

$129/sq ft

ECAR #346741

Aug 5, 2003

Listed

$325,000

$131/sq ft

Public Records

Aug 19, 2002

Sold

$11,314,600

$4,551/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$19,389 (−1.9%)

$582,511 + $1,563,344

$2,145,855

2024

$19,767 (+10.2%)

$582,511 + $1,581,515

$2,164,026

2023

$17,933 (+1.4%)

$582,511 + $1,391,110

$1,973,621

2022

$17,678 (+51.1%)

$646,587 + $1,261,001

$1,907,588

2021

$11,697 (+18.6%)

2020

$9,864 (+3.6%)

$517,402 + $470,743

$988,145

2019

$9,522 (+1.9%)

$502,332 + $456,498

$958,830

2018

$9,341 (+3.0%)

$487,701 + $449,122

$936,823

2017

$9,072 (+1.7%)

$473,496 + $441,852

$915,348

2016

$8,924 (−3.4%)

$455,285 + $436,602

$891,887

2015

$9,240 (+6.5%)

$425,500 + $483,554

$909,054

2014

$8,680

Tax history for 406 Red Cedar Way

Year

Property tax

Land + Additions

Assessment*

2025

$19,389 (−1.9%)

$582,511 + $1,563,344

$2,145,855

2024

$19,767 (+10.2%)

$582,511 + $1,581,515

$2,164,026

2023

$17,933 (+1.4%)

$582,511 + $1,391,110

$1,973,621

2022

$17,678 (+51.1%)

$646,587 + $1,261,001

$1,907,588

2021

$11,697 (+18.6%)

2020

$9,864 (+3.6%)

$517,402 + $470,743

$988,145

2019

$9,522 (+1.9%)

$502,332 + $456,498

$958,830

2018

$9,341 (+3.0%)

$487,701 + $449,122

$936,823

2017

$9,072 (+1.7%)

$473,496 + $441,852

$915,348

2016

$8,924 (−3.4%)

$455,285 + $436,602

$891,887

2015

$9,240 (+6.5%)

$425,500 + $483,554

$909,054

2014

$8,680

*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

Baths

Stories

Lot width

6 ft.

Lot depth

11 ft.

Lot size

6,360 Sq. Ft.

Year renovated

2007

Sq. Ft.

2,486

Year built

2007

Style

Single Family Residential

County

Walton County

APN

153S19254130000090

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
Has Carport
No
Parking Features: Carport Attached
Covered Spaces: 1.00
Driveway Spaces: 2.00

Interior

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

Bathroom Information
Full Baths: 3
Half Baths: 1
Total Baths: 4.00
Master Bedroom/Master Bath: MBath Double Vanity, MBath Shower Only, MBath Tile, MBed Cthdrl Ceiling, MBed Walk-in Closet

Room Information
Rooms: Bedroom, Dining Room, Kitchen, Living Room, Master Bedroom
Kitchen: First
Living Room: First

Room 1
Dining Room
Area: 624.46
Dimensions: 28.83 x 21.66
Length: 28.83
Width: 21.66
Level: 1
Remarks: Dining/Living Combo

Room 2
Master Bedroom
Area: 309.00
Dimensions: 18.83 x 16.41
Length: 18.83
Width: 16.41
Level: 2

Room 3
Bedroom
Area: 162.96
Dimensions: 13.58 x 12
Length: 13.58
Width: 12.00
Level: 1

Room 4
Bedroom
Area: 195.19
Dimensions: 16.5 x 11.83
Length: 16.50
Width: 11.83
Level: 1

Room 5
Kitchen
Area: 214.76
Dimensions: 19.83 x 10.83
Length: 19.83
Width: 10.83
Level: 1

Room 6
Living Room
Area: 572.00
Dimensions: 26 x 22
Length: 26.00
Width: 22.00
Level: 1

Interior Features
Appliances: Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Range Hood, Refrigerator W/IceMk, Stove/Oven Gas, Washer, Wine Refrigerator
Interior: Ceiling Cathedral, Fireplace Gas, Floor Hardwood, Floor Tile, Furnished - All, Hallway Bunk Beds, Kitchen Island, Owner's Closet, Washer/Dryer Hookup, Window Treatment All

Exterior

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

Lot Information
Acreage: 0.15
Lot Dimensions: 58x110
Lot Features: Covenants, Interior, Restrictions
Lot/Parcel Access: Paved Road
Zoning: Residential Single Family

Building Information
Construction Status: Construction Complete
Construction/Siding: Foundation On Piling, Frame, Roof Metal, Siding CmntFbrHrdBrd, Trim Wood

Financial

Tax Information
Last Tax Year: 2025
Last Taxes: 18613.70

Financial Information
Mortgage Type: None
Financing: Conventional
Brokerage Interest: No Interest
Buyer
Seller

Utilities

Utility Information
Utilities: Electric, Gas - Natural, Phone, Public Sewer, Public Water, Tap Fee Paid, TV Cable
Energy: AC - Central Elect, Ceiling Fans, Heat Cntrl Gas

Location

Assessment Information
Assessment Fees: Yes
Assessment Amount: 1510.00
Assessment Paid: Quarterly
Annual Assessment Amount: $6,040

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

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 #: 406
Street Name: Red Cedar
Street Suffix: Way
City: Santa Rosa Beach
County: Walton
State: FL
Zip Code: 32459
Project Name/Subdivision: WATERCOLOR
Absolute Longitude: 86.131326
Longitude: -86.131326
Latitude: 30.323699
Directions: Highway 98, south on Hwy 395, west at Lake Forest Dr (Publix light), left on Western Lake Dr, left on Pine Needle, right on Red Cedar Way.

Project Facilities
Beach, Deed Access, Dock, Dumpster, Elevators, Exercise Room, Fishing, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable, Waterfront

Public facts

Beds: 3
Baths: 3.0
Sq. Ft.: 2,486
Stories: 2.0
Lot Size: 6,360 square feet
Style: Single Family Residential
Year Built: 2007
Year Renovated: 2007
County: Walton County
APN: 153S19254130000090

Home facts updated by county records on Aug 26, 2026

Other

Listing Price Information
List Price: 2610000.00
List Price/SqFt: 1049.88

Property Information
Apx SqFt(Htd/Cooled): 2486.00
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 • 3.7mi

10/10

Emerald Coast Middle School

Public 6-8 • Assigned • 2.6mi

8/10

South Walton High School

Public 9-12 • Assigned • 4.9mi

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

$2.54M – $3.07M

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EARLY ACCESSCOMPASS COMING SOON

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37 Town Center Loop Unit 418, Santa Rosa Beach, FL 32459

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$819,950

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Home values near 406 Red Cedar Way

Data from public records.

Address	Redfin Estimate
350 Red Cedar Way, Santa Rosa Beach, FL 3 Beds \| 2.5 Baths \| 2260 Sq. Ft.	$2,067,894
344 Red Cedar Way, Santa Rosa Beach, FL 4 Beds \| 3 Baths \| 2476 Sq. Ft.	$2,312,744

Address	Redfin Estimate
394 Red Cedar Way, Santa Rosa Beach, FL 3 Beds \| 3 Baths \| 2236 Sq. Ft.	$2,173,642
384 Red Cedar Way, Santa Rosa Beach, FL 3 Beds \| 3.5 Baths \| 2434 Sq. Ft.	$2,731,502

Address	Redfin Estimate
360 Red Cedar Way, Santa Rosa Beach, FL 3 Beds \| 3 Baths \| 2224 Sq. Ft.	$2,103,527
372 Red Cedar Way, Santa Rosa Beach, FL 4 Beds \| 4.5 Baths \| 2798 Sq. Ft.	$2,995,621

Property information provided by ECAR when last listed in 2025. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 32459, FL

Sale history for 406 Red Cedar Way

Tax history for 406 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 406 Red Cedar Way

More real estate resources