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Sold for $4,780,000 on 10/24/23
  • $4,780,000

    196 Red Cedar Way, Santa Rosa Beach, FL 32459

    6beds
    4,181sqft
    Single Family Residence
    Built in 2018
    6,050 Square Feet Lot
    $4,504,700 Zestimate®
    $1,143/sqft
    $6,920 Estimated rent

    Home value

    $4,504,700

    $4.14M - $4.91M

    $6,920/mo

    Zestimate® history
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    What's special

    Modern elegance meets tranquility at this private luxurious retreat nestled between the pines in the heart of Watercolor. With Wood Fern Park and Camp Watercolor to the east and a wooded nature trail immediately to the south and west, this Gregory Jazayeri designed six bedroom, six full bath residence constructed by Borges Brooks Builders has privacy rarely found in Watercolor. Upon entering the home, guests are welcomed by soaring 12-foot ceilings and a professionally decorated interior. A guest bedroom with ensuite and a well-appointed laundry room are located off of the main entry, with a hallway leading to the open concept kitchen, living, and dining area. A Pecky cypress ceiling, Sub-zero and Wolf appliances, lighted open shelving with custom tile, and quartz countertops including a grand 11 foot waterfall island complete this chef's dream kitchen. In the living and dining room, a gas fireplace, ceiling with exposed wooden beams, and bifold accordion glass doors create a perfect transition from the modern interior of the home to the peaceful setting found on the idyllic outdoor back deck with a heated pool overlooking the wooded nature trail. On the second level, you'll find two beautiful guest bedrooms, each with ensuite and access to the front balcony overlooking Wood Fern Park. A third guest bedroom with custom barn doors is situated across the hall from a spacious covered porch with a gas fire table that overlooks the forest to the south. The grand main suite is also on this floor and features a substantial walk-in closet as well as an impressive ensuite with dual vanities, a soaking tub and a large shower. The main suite also has a private balcony where a custom bed swing and views of the serene nature trail await. The third floor offers the kids a retreat of their own featuring a large bedroom, a game room and its own private bathroom. An investor's dream, this exquisite home which is now offered fully furnished has a remarkable rental history and has been professionally and meticulously maintained.

    Zillow last checked: 8 hours ago

    Listing updated: March 01, 2025 at 12:30am

    Listed by:

    Smith Burke 850-610-0667,

    Corcoran Reverie SRB

    Bought with:

    James H Johnson, 3293506

    Berkshire Hathaway HomeServices

    Source: ECAOR,MLS#: 922235MLS LogoOriginating MLS: Emerald Coast

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 7
    • Full bathrooms: 6
    • 1/2 bathrooms: 1
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: Second
    Primary bathroom
    • Features: Double Vanity
    Kitchen
    • Level: First
    Cooling
    • AC - 2 or More
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Washer, Tankless Water Heater
    Features
    • Beamed Ceilings, Kitchen Island, Bedroom, Great Room, Kitchen, Master Bedroom
    • Flooring: Hardwood
    • Windows: Window Treatments
    • Has fireplace: Yes
    • Fireplace features: Gas
    • Furnished: Yes
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 4,181
    • Total interior livable area: 4,181 sqft

    Property

    Features
    • Stories: 3
    • Patio & porch: Deck Covered, Deck Open
    • Exterior features: Balcony, Dock, Tennis
    • Has private pool: Yes
    • Pool features: Private, Heated
    • Fencing: Back Yard
    • Waterfront features: Beach
    Lot
    • Size: 6,050 sqft
    • Dimensions: 55 x 110 x 55 x 110
    • Features: Deed Access
    Details
    • Parcel number: 153S19254150000080
    • Zoning description: Resid Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Beach House
    • Property subtype: Single Family Residence
    Materials
    • Siding CmntFbrHrdBrd
    • Roof: Metal
    Condition
    • Construction Complete
    • Year built: 2018

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Electricity Connected, Natural Gas Connected

    Community & neighborhood

    Community
    • Community features: Pickleball, Playground, Pool, TV Cable
    Location
    • Region: Santa Rosa Beach
    • Subdivision: Watercolor

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $1,332 quarterly
    • Services included: Accounting, Maintenance Grounds, Internet, Recreational Faclty, Security, Trash, Cable TV

    Price history

    DateEventPrice
    10/24/2023Sold$4,780,000-8.1%$1,143/sqft
    Source: ECAOR #922235
    10/9/2023Pending sale$5,200,000$1,244/sqft
    Source: ECAOR #922235
    8/10/2023Price change$5,200,000-2.9%$1,244/sqft
    Source: ECAOR #922235
    5/1/2023Listed for sale$5,355,000+84.7%$1,281/sqft
    Source: ECAOR #922235
    5/26/2020Listing removed$2,900,000$694/sqft
    Source: Corcoran Reverie #841730

    Public tax history

    YearProperty taxesTax assessment
    2024$34,603 +38.2%$3,788,276 +74%
    2023$25,043 +8.7%$2,177,299 +10%
    2022$23,029 +25.1%$1,979,363 +10%

    Find assessor info on the county website

    Neighborhood: 32459

    Nearby schools

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

    Source: ECAOR. 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 .
    $4,504,700
    2% more+ $90,094
    With Zillow Showcase(estimated)
    $4,594,794