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Lot/land
  • $1,299,000

    72 String Lily Cv, Pt Washington, FL 32459

    --beds
    --baths
    5,662.8Square Feet
    Unimproved Land
    Built in ----
    5,662.8 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $503/mo HOA

    What's special

    Discover an unparalleled opportunity to build your dream home in the prestigious Park District of Watercolor, Phase V. Lot 37 is a premier homesite, ideally situated at the end of a quiet cul-de-sac on String Lily Cove. This exceptional property offers privacy and tranquility, with a greenbelt behind it and a 20-ft-wide greenway easement between it and the adjacent lot to the right. A completed home on the left further enhances the setting. This shovel-ready lot comes with fully approved and entitled architectural plans designed by Chris Stoyles of Archiscapes, along with all necessary Walton County permits, allowing you to break ground immediately. The current plans feature a stunning 5-bedroom, 7-bathroom home spanning 5,270 sqft of heated/cooled space, plus over 1,300 sqft of covered balconies and porches. The design includes a private pool, a summer kitchen, and an outdoor living area complete with a fire pitensuring the ultimate indoor-outdoor coastal lifestyle. Phase V is Watercolor's final and only short-term rental-restricted phase, ensuring a peaceful residential atmosphere. Residents also have access to an exclusive community pool available only to the owners of the 41 homesites within the phase. As a Watercolor homeowner, you'll enjoy exclusive access to world-class amenities, including the Watercolor Beach Club, featuring three Gulf-front pools, cabanas, a tiki bar, and dining options. Camp Watercolor offers a family-friendly water park with slides, a lazy river, and a casual dining area. Outdoor enthusiasts will appreciate direct access to Western Lake for kayaking and paddle boarding. The community's extensive trail system, lush parks, and beautifully landscaped common areas provide endless opportunities for recreation and relaxation. This is a rare opportunity to secure one of the most desirable homesites in 30A's largest master-planned community. Don't miss your chance to own a piece of paradise in Watercolor. For more details or to schedule a site visit, contact us today.
    163 days
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    65
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    0
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    Zillow last checked: 8 hours ago

    Listing updated: September 07, 2025 at 04:22am

    Listed by:

    Spears Group 850-710-2114,

    Compass

    Source: ECAOR,MLS#: 981605MLS LogoOriginating MLS: Emerald Coast

    Facts & features

    Property

    Features
    • Waterfront features: Beach
    Lot
    • Size: 5,662.8 Square Feet
    • Dimensions: 31 x 121 x 67 x 79
    • Features: Cleared, Cul-De-Sac, Within 1/2 Mile to Water
    Details
    • Parcel number: 143S19254050000370
    • Zoning description: Resid Single Family

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: Watercolor
    HOA
    • Has HOA: Yes
    • Services included: Maintenance Grounds, Master Association, Security, Cable TV
    • HOA fee: $1,510 quarterly
    Location
    • Region: Pt Washington

    Financial & listing details

    • Tax assessed value: $969,000
    • Annual tax amount: $8,851
    • Date on market: 7/24/2025
    • Listing terms: Conventional
    • Electric utility on property: Yes
    • Road surface type: Paved

    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    7/24/2025Price change$1,299,000-16.2%
    Source: ECAOR #981605 Report a problem
    2/28/2025Listed for sale$1,550,000
    Source: ECAOR #969837 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$8,851 -3.6%$969,000 +3.3%
    2023$9,179 +16.2%$937,728 +10%
    2022$7,900 +2210.1%$852,480 +2312.8%

    Find assessor info on the county website

    BuyAbility℠ payment

    Estimated monthly payment
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
    Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
    See how much you could borrow to make a competitive offer.

    Boost your down payment with 6% savings match

    Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    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.

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