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$3,550,000
138 Red Cedar Way
Santa Rosa Beach, FL 32459
MLS# 979766
Status: Sold
5 beds  |  6 baths  |  4090 sqft


138 Red Cedar Way
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Property Description
Priced at almost 20% below the average square foot price of all listed homes in WaterColor, this home is waiting for buyers that fit many profiles. Never rented and owned by only two families it has been beautifully maintained and recently updated with interior painting, furnishings and an updated kitchen with top of the line appliances. With four king bedrooms and a six bed bunk room - all with ensuite baths, this home will sleep 14 with two additional flex rooms and a full bath. The home has primary suites on the first and second floors. It is situated steps from Camp Watercolor yet located overlooking peaceful views of natural landscape and sunset views from very generously sized porches. Sold fully furnished this home is move-in ready. Drawings for pool available.

Details
Documents
Status Change Info
Sold Price/SqFt: 867.97
Status: Sold
Under Contract Date: 2025-10-06
Sold Date: 2025-11-11
Sold Price: $3,550,000
Contract Info
Listing Board: Emerald Coast
List Price/SqFt: 892.42
List Date: 2025-06-27
Current Price: $3,550,000
List Price: $3,650,000
Location, Tax and Legal
Sub Area: 1802 - S. of 98 W of Camp Creek
Elementary School: Dune Lakes
Middle School: Emerald Coast
High School: South Walton
Legal Description: LOT 13 EASTERN COVE AT WATER COLOR PB 15-24 OR 2437-679 OR 2502-785 OR 2785-2653 OR 2868- 4008
General Property Info
Sub-Type: Detached Single Family
Design: Traditional
SqFt Source: Appraiser
Immediate Occupancy: Yes
Garage: No
Carport: No
Carport Spaces: 2
Driveway Spaces: 4
Pool: Yes
Pool Type: Community
Apx SqFt(Htd/Cooled): 4090
Bedrooms: 5
Full Baths: 6
Total Bathrooms: 6
# Stories: 2
Year Built: 2005
Listing Info, Tax & Legal
Who Paid Doc Stamps: Seller
Who Paid Title: Buyer
Homestead: No
Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 1510
Annual Assessment Amount: 6040
Assessment Paid: Quarterly
New Buyer Fee: Yes
New Buyer Fee Amt: 0.5
New Buyer Fee Paid: %
Brokerage Interest: No Interest
As Is: No
Remarks & Misc
Remarks: Priced at almost 20% below the average square foot price of all listed homes in WaterColor, this home is waiting for buyers that fit many profiles. Never rented and owned by only two families it has been beautifully maintained and recently updated with interior painting, furnishings and an updated kitchen with top of the line appliances. With four king bedrooms and a six bed bunk room - all with ensuite baths, this home will sleep 14 with two additional flex rooms and a full bath. The home has primary suites on the first and second floors. It is situated steps from Camp Watercolor yet located overlooking peaceful views of natural landscape and sunset views from very generously sized porches. Sold fully furnished this home is move-in ready. Drawings for pool available.
Construction Status
Construction Complete: 1
Lot/Parcel Access
Paved Road: 1
Private Road: 1
Lot Features
Covenants: 1
Restrictions: 1
Survey Available: 1
Project Facilities
Beach: 1
Community Room: 1
Exercise Room: 1
Fishing: 1
Picnic Area: 1
Playground: 1
Pool: 1
Tennis: 1
TV Cable: 1
Waterfront: 1
Construction/Siding
Frame: 1
Roof Metal: 1
Siding CmntFbrHrdBrd: 1
Utilities
Electric: 1
Gas - Natural: 1
Phone: 1
Public Sewer: 1
Public Water: 1
TV Cable: 1
Zoning
Resid Single Family: 1
Exterior
Balcony: 1
Porch Screened: 1
Interior
Breakfast Bar: 1
Ceiling Beamed: 1
Ceiling Vaulted: 1
Fireplace 2+: 1
Fireplace Gas: 1
Floor Hardwood: 1
Floor Tile: 1
Furnished - All: 1
Pantry: 1
Split Bedroom: 1
Washer/Dryer Hookup: 1
Window Treatment All: 1
Woodwork Painted: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Ice Machine: 1
Microwave: 1
Refrigerator: 1
Security System: 1
Smoke Detector: 1
Stove/Oven Gas: 1
Washer: 1
Wine Refrigerator: 1
Energy
AC - 2 or More: 1
AC - Central Elect: 1
Heat Cntrl Electric: 1
Water Heater - Gas: 1
Water Heater - Tnkls: 1
Mstr Bdrm/Mstr Bath
MBath Double Vanity: 1
MBath Separate Shwr: 1
MBath Tile: 1
MBath Walk-In Closet: 1
MBath Whirlpool: 1
MBed Balcony: 1
MBed Fireplace: 1
Master Bedroom
Second: 1
Bedroom
First: 1
Second: 1
Kitchen
First: 1
Living Room
First: 1
Rooms
Bedroom: 1
Bunk Room: 1
Dining Area: 1
Kitchen: 1
Living Room: 1
Master Bedroom: 1
Fees Include
Accounting: 1
Ground Keeping: 1
Internet Service: 1
Legal: 1
Licenses/Permits: 1
Management: 1
Repairs/Maintenance: 1
Security: 1
Trash: 1
TV Cable: 1
Location Tax and Legal
Area: 18 - 30A East
Street #: 138
Street Name: Red Cedar
Street Suffix: Way
State: FL
Zip Code: 32459
County: Walton
Project Name/Subdivision: WATERCOLOR
Parcel ID: 15-3S-19-25415-000-0130
Property Features
Construction Status: Construction Complete
Lot Features: Covenants; Restrictions; Survey Available
Zoning: Resid Single Family
Project Facilities: Beach; Community Room; Exercise Room; Fishing; Picnic Area; Playground; Pool; Tennis; TV Cable; Waterfront
Exterior: Balcony; Porch Screened
Interior: Breakfast Bar; Ceiling Beamed; Ceiling Vaulted; Fireplace 2+; Fireplace Gas; Floor Hardwood; Floor Tile; Furnished - All; Pantry; Split Bedroom; Washer/Dryer Hookup; Window Treatment All; Woodwork Painted
Appliances: Dishwasher; Disposal; Dryer; Ice Machine; Microwave; Refrigerator; Security System; Smoke Detector; Stove/Oven Gas; Washer; Wine Refrigerator
Utilities: Electric; Gas - Natural; Phone; Public Sewer; Public Water; TV Cable
Energy: AC - 2 or More; AC - Central Elect; Heat Cntrl Electric; Water Heater - Gas; Water Heater - Tnkls
Master Bedroom: Second
Bedroom: First; Second
Kitchen: First
Living Room: First
Rooms: Bedroom; Bunk Room; Dining Area; Kitchen; Living Room; Master Bedroom
Fees Include: Accounting; Ground Keeping; Internet Service; Legal; Licenses/Permits; Management; Repairs/Maintenance; Security; Trash; TV Cable
Supplements
Two additional bonus rooms with access to a full bath allow more options. Located steps from Camp WaterColor, sunset views from huge porches and plans for a pool, this home has it all
Room Information
Room Name Level Dimensions Length Width Remarks Dimensions
Living RoomFirst15 x 1915.0019.00Living/Dining15 x 19
Dining AreaFirst13 x 1313.0013.0013 x 13
KitchenFirst18 x 1318.0013.0018 x 13
BedroomFirst11 x 1311.0013.0011 x 13
Bunk RoomFirst15 x 1215.0012.0015 x 12
Master BedroomSecond15 x 14.515.0014.5015 x 14.5
BedroomSecond10.5 x 11.510.5011.5010.5 x 11.5
BedroomSecond12.75 x 12.512.7512.5012.75 x 12.5

Listing Office: Scenic Sotheby's International Realty

Last Updated: November - 12 - 2025

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.


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