HOME IS UNDER CONTRACT WITH CONTINGENCY AND 72 HOUR KICKOUT CLAUSE.BACKUP OFFERS WELCOME.This classic, never rented, Watercolor cottage is tucked away on a quiet section of Red Cedar. The main home offers a first floor master suite, open living/dining/kitchen and a huge screened porch. There are two bedrooms upstairs as well as hallway bunks. The carriage house has a living/kitchen area with a separate bedroom, so plenty of room for everyone to spread out and enjoy vacation. Lowest price per square foot in Phase II. Close to the new Camp Watercolor! Come put your personal stamp on this adorable property. Seller has prepaid the special assessment!
Single-familyProperty Type
2005Year Built
$873Est. Price/Sq.Ft.
6 spacesParking
Listed by Karen Wagner• The Premier Property Group Watercolor Office
Bought with Bo Wills• The Premier Property Group Watercolor Office
HOME IS UNDER CONTRACT WITH CONTINGENCY AND 72 HOUR KICKOUT CLAUSE.BACKUP OFFERS WELCOME.This classic, never rented, Watercolor cottage is tucked away on a quiet section of Red Cedar. The main home offers a first floor master suite, open living/dining/kitchen and a huge screened porch. There are two bedrooms upstairs as well as hallway bunks. The carriage house has a living/kitchen area with a separate bedroom, so plenty of room for everyone to spread out and enjoy vacation. Lowest price per square foot in Phase II. Close to the new Camp Watercolor! Come put your personal stamp on this adorable property. Seller has prepaid the special assessment!
ECAR #730663
Oct 18, 2016
Sold
$1,200,000
$456/sq ft
Oct 18, 2016
Sold
$1,200,000
$456/sq ft
May 28, 2015
Listed
$1,245,000
$474/sq ft
+19
Perfect cozy cottage for a small family. The wide screened porch has room for two seating areas and overlooks a quiet section of Red Cedar Way. Open living, kitchen and dining area. Honed granite counters and JennAir/Subzero appliance in kitchen with breakfast bar. First floor master with large walk-in closet, large adjoining bath. Upstairs are two additional bedrooms with two hallway bunks. The carriage house has a large living/dining and kitchen area with a separate bedroom. Three covered parking spaces beneath carriage house. One owner and never rented - in great condition!
Public Records
Dec 26, 2002
Sold
$181,500
$69/sq ft
Public Records
Sep 25, 2002
Sold
$17,568,600
$6,683/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$17,150 (+0.4%)
2024
$17,083 (+9.9%)
2023
$15,543 (+6.9%)
2022
$14,533 (+21.2%)
2021
$11,993 (+10.5%)
2020
$10,852 (+2.4%)
$517,402 + $569,730
$1,087,132
2019
$10,596 (+5.2%)
$502,332 + $564,608
$1,066,940
2018
$10,072 (+2.9%)
$487,701 + $522,394
$1,010,095
2017
$9,787 (+1.0%)
$473,496 + $513,924
$987,420
2016
$9,691 (+4.3%)
$455,285 + $513,208
$968,493
2015
$9,289 (+4.8%)
$425,500 + $495,911
$921,411
2014
$8,864
Tax history for 57 Red Cedar Way
Year
Property tax
Land + Additions
Assessment*
2025
$17,150 (+0.4%)
2024
$17,083 (+9.9%)
2023
$15,543 (+6.9%)
2022
$14,533 (+21.2%)
2021
$11,993 (+10.5%)
2020
$10,852 (+2.4%)
$517,402 + $569,730
$1,087,132
2019
$10,596 (+5.2%)
$502,332 + $564,608
$1,066,940
2018
$10,072 (+2.9%)
$487,701 + $522,394
$1,010,095
2017
$9,787 (+1.0%)
$473,496 + $513,924
$987,420
2016
$9,691 (+4.3%)
$455,285 + $513,208
$968,493
2015
$9,289 (+4.8%)
$425,500 + $495,911
$921,411
2014
$8,864
*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
4
Stories
2
Lot width
5 ft.
Lot depth
11 ft.
Lot size
5,489 Sq. Ft.
Year renovated
2005
Sq. Ft.
2,629
Year built
2005
Style
Single Family Residential
County
Walton County
APN
153S19254150000370
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.
Interior: Breakfast Bar, Ceiling Crwn Molding, Floor Hardwood, Floor Tile, Furnished - All, Guest Quarters, Hallway Bunk Beds, Kitchen Island, Lighting Recessed, Owner's Closet, Walls Wainscoting, Washer/Dryer Hookup, Window Treatment All, Woodwork Painted
Exterior
Exterior Features
Has Pool
Pool Type: Community
Exterior: BBQ Pit/Grill, Guest Quarters, Porch Screened, Separate Bldg Rent, Shower, Sprinkler System
Lot Information
Lot Dimensions: 50x110
Lot Features: Covenants, Interior, Restrictions
Lot/Parcel Access: Paved Road
Zoning: Residential Single Family
Building Information
Construction Status: Construction Complete
Construction/Siding: Foundation Off Grade, Roof Metal, Siding CmntFbrHrdBrd, Trim Wood
Financial
Tax Information
Last Tax Year: 2017
Last Taxes: 9786.62
Financial Information
Mortgage Type: None
Brokerage Interest: No Interest
Utilities
Utility Information
Utilities: Electric, Public Sewer, Public Water, TV Cable
Energy: AC - 2 or More, AC - Central Elect, Ceiling Fans, Heat Cntrl Electric, Water Heater - Elect
Location
Assessment Information
Assessment Fees: Yes
Assessment Amount: 1170.00
Assessment Paid: Quarterly
Homeowners Association Information
Fees Include: Accounting, Ground Keeping, Internet Service, Management, Security, 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 #: 57
Street Name: Red Cedar
Street Suffix: Way
City: Santa Rosa Beach
County: Walton
State: FL
Zip Code: 32459
Project Name/Subdivision: WATERCOLOR
Absolute Longitude: 86.132849
Longitude: -86.132849
Latitude: 30.326675
Directions: From US 98 and CR395, head south. Turn right into Watercolor at Lake Forest Drive. Turn left at stop sign. Turn right onto Red Cedar, follow it around and house is on right. Park in back, house is on a rear loaded lot.
Project Facilities
BBQ Pit/Grill, Beach, Dock, Exercise Room, Fishing, Golf, Pets Allowed, Playground, Pool, Tennis, TV Cable, Waterfront
Public facts
Beds: 3
Baths: 4.0
Sq. Ft.: 2,629
Stories: 2.0
Lot Size: 5,489 square feet
Style: Single Family Residential
Year Built: 2005
Year Renovated: 2005
County: Walton County
APN: 153S19254150000370
Home facts updated by county records on Aug 26, 2026
Other
Listing Price Information
List Price: 1350000.00
List Price/SqFt: 513.50
Property Information
Apx SqFt(Htd/Cooled): 2629.00
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 • 2.4mi
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)
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
$2.18M – $2.64M
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