This stunning custom home in WaterColor is a masterful blend of timeless design, superior craftsmanship, and modern luxury. Thoughtfully curated by acclaimed designer Erika Powell of Urban Grace Interiors, with functional architecture by Archiscapes and expert construction by Baywoods Development, this home stands as one of WaterColor's finest. Rich in character, the home features hand-sewn wood flooring reclaimed from an 1800s train station, flowing seamlessly throughout both the main residence and the guest house. Painted tongue-and-groove paneling wraps nearly every room, enhancing the home's warm and inviting coastal aesthetic. Designed for Entertaining & Everyday Living, This property provides enhanced privacy with a beautiful unbuildable parcel on the southwest side. The first floor was crafted with gathering in mind, boasting an open-concept layout that flows effortlessly into a chef's dream kitchen. Equipped with a Sub-Zero refrigerator and freezer, Wolf range, Scullery, and high-end custom wood cabinetry topped with white marble, this space is as functional as it is beautiful. Dual farmhouse sinks serve as a prominent centerpiece. French doors lead to an expansive wraparound porch, screened porch, and outdoor grilling area, creating the perfect setting for indoor-outdoor living. Additional first-floor features include a spacious living area with a brick fireplace, formal dining room, guest bath, office, and laundry area.
Upstairs, whimsical built-in bunk beds, charming barn doors, and a thoughtfully designed laundry room add character and functionality. The primary suite is a true retreat, featuring a luxurious ensuite bath, expansive porches, and a tranquil sleeping porch. Two additional guest bedrooms with ensuite baths, a cozy den with a wet bar, and a light-filled reading room complete this level.
Unparalleled Views & Bonus Spaces continue up to the third-floor game room, then make your way to the fourth-floor tower room and widow's walk, where you'll enjoy breathtaking 360-degree views of WaterColor.
The detached charming guest house, situated above the two-car garage, offers a full kitchen, living room, private bedroom, and bathroom, making it a perfect private retreat for guests. The large private lot has space for a pool, adding even more potential to this already remarkable property.
This home has been meticulously cared for and is offered furnished, with some exclusions. A rare opportunity to own a truly exceptional WaterColor residenceschedule your private showing today!
For sale
$4,235,000
432 Pine Needle Way, Santa Rosa Beach, FL 32459
5beds
4,256sqft
Est.:
Single Family Residence
Built in 2009
7,405.2 Square Feet Lot
$-- Zestimate®
$995/sqft
$503/mo HOA
What's special
Space for a poolExpansive wraparound porchFourth-floor tower roomLight-filled reading roomOpen-concept layoutExpansive porchesOutdoor grilling area
- 361 days |
- 616 |
- 10 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: February 19, 2026 at 11:30pm
Listed by:
Grant and Cooper Group 850-218-0202,
Watersound Real Estate
Source: ECAOR,MLS#: 970538
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Primary bedroom
- Level: Second
- Area: 324 Square Feet
- Dimensions: 18 x 18
Bedroom
- Level: First
- Area: 132 Square Feet
- Dimensions: 12 x 11
Bedroom
- Level: Second
- Area: 144 Square Feet
- Dimensions: 12 x 12
Bedroom
- Level: Second
- Area: 144 Square Feet
- Dimensions: 12 x 12
Bonus room
- Level: Third
- Area: 204 Square Feet
- Dimensions: 17 x 12
Dining area
- Level: First
- Area: 210 Square Feet
- Dimensions: 15 x 14
Kitchen
- Level: First
- Area: 360 Square Feet
- Dimensions: 20 x 18
Laundry
- Level: Second
- Area: 63 Square Feet
- Dimensions: 9 x 7
Living room
- Level: First
- Area: 374 Square Feet
- Dimensions: 22 x 17
Media room
- Level: Second
- Area: 289 Square Feet
- Dimensions: 17 x 17
Heating
- Heat High Efficiency, Natural Gas
Cooling
- Ceiling Fan(s)
Appliances
- Included: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range Hood, Refrigerator, Washer, Electric Water Heater
Features
- Breakfast Bar, Bookcases, Vaulted Ceiling(s), In-Law Floorplan, Hallway Bunk Beds, Kitchen Island, Recessed Lighting, Pantry, Shelving, Split Bedroom, Upgraded Media Wing, Walls Paneled, Walls Wainscoting, Wet Bar, Woodwork Painted
- Flooring: Hardwood, Tile
- Windows: Window Treatments
- Has fireplace: Yes
- Fireplace features: Gas
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 4,256
- Total interior livable area: 4,256 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage Door Opener, Guest, Garage
- Garage spaces: 2
Features
- Stories: 4
- Patio & porch: Covered, Enclosed, Deck, Patio, Porch, Screened
- Exterior features: Outdoor Grill, Balcony, Columns, Outdoor Shower
- On waterfront: Yes
Lot
- Size: 7,405.2 Square Feet
- Dimensions: 60 x 120
- Features: Corner Lot, Covenants, Dead End, Interior Lot, Level, Restrictions, Sidewalk, Within 1/2 Mile to Water
Details
- Additional structures: Guest House
- Parcel number: 153S19254170000340
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Florida Cottage
- Property subtype: Single Family Residence
Materials
- Frame, Trim Wood, Siding CmntFbrHrdBrd
- Foundation: Pillar/Post/Pier
- Roof: Metal
Condition
- Construction Complete
- New construction: No
- Year built: 2009
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: BBQ Pit/Grill, Beach, Deed Access, Dock, Fitness Center, Fishing, Pavillion/Gazebo, Picnic Area, Playground, Pool, Tennis Court(s), Waterfront
- Security: Fire Alarm, Smoke Detector(s)
- Subdivision: WATERCOLOR
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Management, Recreational Faclty, Security, Cable TV, Trash, Internet
- HOA fee: $1,510 quarterly
Location
- Region: Santa Rosa Beach
Financial & listing details
- Price per square foot: $995/sqft
- Tax assessed value: $3,728,759
- Annual tax amount: $28,533
- Date on market: 3/7/2025
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$6,521/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 6/27/2025 | Price change | $4,235,000-1.5%$995/sqft |
Source:  ECAOR #970538 Report a problem | ||
| 3/7/2025 | Listed for sale | $4,300,000+114.2%$1,010/sqft |
Source: ECAOR #970538 Report a problem | ||
| 5/8/2015 | Sold | $2,007,500-8.5%$472/sqft |
Source: Public Record Report a problem | ||
| 3/7/2015 | Listed for sale | $2,195,000+22.3%$516/sqft |
Source: Karrie & Company #724598 Report a problem | ||
| 3/3/2012 | Listing removed | $1,795,000$422/sqft |
Source: O'Brien Realty, Inc. #530057 Report a problem | ||
| 2/23/2012 | Listed for sale | $1,795,000+8.8%$422/sqft |
Source: O'Brien Realty, Inc. #530057 Report a problem | ||
| 12/1/2010 | Sold | $1,650,000+120%$388/sqft |
Source: Public Record Report a problem | ||
| 11/22/2004 | Sold | $750,000$176/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $28,534 +6.5% | $2,588,517 +10% |
| 2023 | $26,784 +6.2% | $2,353,197 +10% |
| 2022 | $25,220 +23.9% | $2,139,270 +10% |
| 2021 | $20,351 +15.3% | $1,944,791 +10% |
| 2020 | $17,649 +3.6% | $1,767,992 +3.1% |
| 2019 | $17,034 | $1,715,194 +2.8% |
| 2018 | $17,034 +2.4% | $1,668,541 +2% |
| 2017 | $16,637 +2.7% | $1,635,270 -11.5% |
| 2016 | $16,208 -12.4% | $1,847,994 +20.4% |
| 2015 | $18,492 +19.2% | $1,534,904 +9.3% |
| 2014 | $15,507 | $1,404,404 +4.8% |
| 2013 | -- | $1,340,555 +23.9% |
| 2012 | -- | $1,081,837 +3.6% |
| 2011 | -- | $1,044,099 +4.6% |
| 2010 | -- | $998,109 +439.5% |
| 2009 | -- | $185,000 -26% |
| 2008 | -- | $250,000 -25.4% |
| 2007 | -- | $335,000 -10.7% |
| 2005 | -- | $375,000 +10287.8% |
| 2004 | -- | $3,610 |
| 2003 | -- | $3,610 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$24,325/mo
Principal & interest
$20540
Property taxes
$3282
HOA Fees
$503
Climate risks
Neighborhood: 32459
Nearby schools
GreatSchools rating
- 10/10Bay Elementary SchoolGrades: K-5Distance: 3.6 mi
- 8/10Emerald Coast Middle SchoolGrades: 6-8Distance: 2.5 mi
- 8/10South Walton High SchoolGrades: 9-12Distance: 5 mi
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.
Local experts in 32459
