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Off market
  • $4,044,600

    152 Red Cedar Way, Santa Rosa Beach, FL 32459

    5beds
    4,677sqft
    SingleFamily
    Built in 2008
    8,015 Square Feet Lot
    $4,044,600 Zestimate®
    $865/sqft
    $7,215 Estimated rent

    Home value

    $4,044,600

    $3.60M - $4.53M

    $7,215/mo

    Zestimate® history
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    Owner options

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    $7,215/mo

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    $7,215/mo

    Rent Zestimate®

    Refinance and save

    $24,765/mo

    Est. payment

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    $24,765/mo

    Est. payment

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    What's special

    Call today to schedule your private showing for this outstanding lakefront home located in the coastal town of WaterColor. This custom home has unique finishes and details that you will not find in other Watercolor homes including 8-12" reclaimed antique heart pine floors and over $70,000. worth of Audio Visual Equipment throughout all 3 levels of this home. Three sets of french doors off the main living area open onto the outdoor living area with sweeping views of Western Lake. The pool and fountain area are the perfect spot to relax and enjoy the privacy afforded by this location backing up to preservation land and Western Lake. No one can ever build behind you to block these amazing views!! The second story outdoor living area comes complete with a Wolf grill, custom built BBQsmoker for your professional BBQ grillers, mini fridge and flat screen TV in addition to the dining set. Enjoy beautiful views of Western Lake while cooking and dining on your porch! The home is outfitted with Wolf and Sub Zero appliances not only in the kitchen area but also in the media room and outside living area. The theater room is like no other in WaterColor with white washed pecky cypress walls, custom finished ceilings, reclaimed heart beams and of course a projection screen TV for your viewing pleasure. Add to that a wet bar area and you have the perfect entertainment room. The main living area has vaulted ceilings featuring antique beams reclaimed from the Tobacco Road area. The living area flows into the dining and kitchen areas which feature antiqued granite countertops and custom backsplashes. The elevator connects the first and second floors and is finished with antiqued gray stained white oak walls. The home features two master suites, both with attached porches. There are two additional guest bedrooms both featuring ensuite bathrooms and an additional bedroom currently outfitted with bunk beds. The fourth floor tower has amazing views of Western Lake and nearly all of Watercolor. This home was built to work well for a primary residence with ample closet space throughout the home, large fully air conditioned closets on the third floor and a one car garage. If you are looking for an investment property, this home although never rented would be an excellent luxury rental home with impressive rental projections. With nearly 2,000 square feet of porch space and over 4,000 feet of living space this home is an ideal Watercolor beach home.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Other
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Hardwood
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 4,677 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Detached
    Features
    • Exterior features: Cement / Concrete
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 8,015 sqft
    Details
    • Parcel number: 153S19254150000120

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 2008

    Community & neighborhood

    Location
    • Region: Santa Rosa Beach

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $368 monthly

    Price history

    DateEventPrice
    4/28/2016Sold$2,125,000-7.4%$454/sqft
    Source: ECAOR #739970
    10/13/2015Listed for sale$2,295,000-8%$491/sqft
    Source: Beach Group Properties Llc #739970
    8/12/2015Listing removed$2,495,000$533/sqft
    Source: Beach Group Properties Llc #613350
    1/27/2015Price change$2,495,000-3.9%$533/sqft
    Source: The Beach Group Properties LLC #613350
    8/3/2014Price change$2,595,000-11.3%$555/sqft
    Source: The Beach Group Properties LLC #613350

    Public tax history

    YearProperty taxesTax assessment
    2024$27,491 +9.4%$2,447,201 +10%
    2023$25,127 +8.1%$2,224,728 +10%
    2022$23,250 +23.7%$2,022,480 +10%

    Find assessor info on the county website

    Neighborhood: 32459

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Bay
    • Middle: Emerald Coast
    • High: South Walton

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $4,044,600
    2% more+ $80,892
    With Zillow Showcase(estimated)
    $4,125,492