138 Red Cedar Way
Santa Rosa Beach, FL 32459
MLS# 979766
Status:
Sold5 beds | 6 baths | 4090 sqft
Property DescriptionPriced 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.
Sold Price/SqFt: 867.97
Status: Sold
Under Contract Date: 2025-10-06
Sold Date: 2025-11-11
Listing Board: Emerald Coast
List Price/SqFt: 892.42
List Date: 2025-06-27
Current Price: $3,550,000
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
Sub-Type: Detached Single Family
Design: Traditional
SqFt Source: Appraiser
Immediate Occupancy: Yes
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
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
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.
Paved Road: 1
Private Road: 1
Covenants: 1
Restrictions: 1
Beach: 1
Community Room: 1
Exercise Room: 1
Fishing: 1
Picnic Area: 1
Playground: 1
Electric: 1
Gas - Natural: 1
Public Water: 1
TV Cable: 1
Balcony: 1
Porch Screened: 1
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
Microwave: 1
Refrigerator: 1
Security System: 1
Smoke Detector: 1
Stove/Oven Gas: 1
Washer: 1
AC - 2 or More: 1
AC - Central Elect: 1
Heat Cntrl Electric: 1
Water Heater - Gas: 1
MBath Double Vanity: 1
MBath Separate Shwr: 1
MBath Tile: 1
MBath Walk-In Closet: 1
MBath Whirlpool: 1
MBed Balcony: 1
Living Room: 1
Master Bedroom: 1
Accounting: 1
Ground Keeping: 1
Internet Service: 1
Legal: 1
Licenses/Permits: 1
Management: 1
Repairs/Maintenance: 1
Security: 1
Area: 18 - 30A East
Street #: 138
Street Name: Red Cedar
Street Suffix: Way
County: Walton
Project Name/Subdivision: WATERCOLOR
Parcel ID: 15-3S-19-25415-000-0130
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
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
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 Name | Level | Dimensions | Length | Width | Remarks | Dimensions |
| Living Room | First | 15 x 19 | 15.00 | 19.00 | Living/Dining | 15 x 19 |
| Dining Area | First | 13 x 13 | 13.00 | 13.00 | | 13 x 13 |
| Kitchen | First | 18 x 13 | 18.00 | 13.00 | | 18 x 13 |
| Bedroom | First | 11 x 13 | 11.00 | 13.00 | | 11 x 13 |
| Bunk Room | First | 15 x 12 | 15.00 | 12.00 | | 15 x 12 |
| Master Bedroom | Second | 15 x 14.5 | 15.00 | 14.50 | | 15 x 14.5 |
| Bedroom | Second | 10.5 x 11.5 | 10.50 | 11.50 | | 10.5 x 11.5 |
| Bedroom | Second | 12.75 x 12.5 | 12.75 | 12.50 | | 12.75 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.