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$6,295,000
26 Rain Lily Lane
Santa Rosa Beach, FL 32459
MLS# 995996
6 beds  |  8 baths  |  5302 sqft

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Property Description
Situated in WaterColor's coveted Lake District, this exceptional six-bedroom, eight-bathroom residence defines coastal luxury at its finest. Professionally designed and offered fully furnished, the home delivers a seamless blend of sophistication, comfort, and proven rental appeal. Generating $388,479 in 2025 rental revenue with projections of $401,350 in 2026, this residence provides both a refined personal retreat and a strong investment opportunity.

Details
Contract Info
Listing Board: Emerald Coast
List Price/SqFt: 1187.29
List Date: 2026-02-23
Current Price: $6,295,000
List Price: $6,295,000
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 2 CERULEAN LANDING AT WATERCOLOR PB 15-60 OR 2617-3605 OR 3075-3282 OR 3147-1438 OR 3148-1654
General Property Info
Sub-Type: Detached Single Family
Design: Beach House
SqFt Source: Building Plan
Garage: Yes
Carport: No
Driveway Spaces: 2
Pool: Yes
Pool Type: Private
Apx SqFt(Htd/Cooled): 5302
Bedrooms: 6
Full Baths: 6
Half Baths: 2
Total Bathrooms: 8
# Stories: 3
Year Built: 2020
Garage Spaces: 2
Acreage: 0.14
Listing Info, Tax & Legal
Homestead: No
Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 1560
Annual Assessment Amount: 6240
Assessment Paid: Quarterly
New Buyer Fee: Yes
New Buyer Fee Amt: 307
New Buyer Fee Paid: $
Last Taxes: 38755.58
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: Situated in WaterColor's coveted Lake District, this exceptional six-bedroom, eight-bathroom residence defines coastal luxury at its finest. Professionally designed and offered fully furnished, the home delivers a seamless blend of sophistication, comfort, and proven rental appeal. Generating $388,479 in 2025 rental revenue with projections of $401,350 in 2026, this residence provides both a refined personal retreat and a strong investment opportunity.
Construction Status
Construction Complete: 1
Parking Features
Garage: 1
Garage Attached: 1
Lot/Parcel Access
Paved Road: 1
Private Road: 1
Lot Features
Covenants: 1
Restrictions: 1
Within 1/2 Mile to Water: 1
Project Facilities
Beach: 1
Dock: 1
Exercise Room: 1
Fishing: 1
Pavillion/Gazebo: 1
Pets Allowed: 1
Picnic Area: 1
Playground: 1
Pool: 1
Short Term Rental - Allowed: 1
Tennis: 1
TV Cable: 1
Waterfront: 1
Construction/Siding
Frame: 1
Roof Metal: 1
Roof Pitched: 1
Siding CmntFbrHrdBrd: 1
Trim Wood: 1
Utilities
Electric: 1
Gas - Natural: 1
Public Sewer: 1
Public Water: 1
Tap Fee Paid: 1
Underground: 1
Zoning
Resid Single Family: 1
Exterior
Balcony: 1
BBQ Pit/Grill: 1
Pool - Gunite Concrt: 1
Pool - In-Ground: 1
Porch: 1
Shower: 1
Interior
Breakfast Bar: 1
Fireplace: 1
Fireplace Gas: 1
Floor Hardwood: 1
Furnished - All: 1
Kitchen Island: 1
Lighting Recessed: 1
Pantry: 1
Washer/Dryer Hookup: 1
Window Treatment All: 1
Woodwork Painted: 1
Appliances
Cooktop: 1
Dishwasher: 1
Dryer: 1
Microwave: 1
Range Hood: 1
Refrigerator W/IceMk: 1
Smoke Detector: 1
Stove/Oven Gas: 1
Washer: 1
Wine Refrigerator: 1
Energy
AC - 2 or More: 1
AC - Central Elect: 1
Ceiling Fans: 1
Heat - Two or More: 1
Heat Cntrl Electric: 1
Storm Doors: 1
Storm Windows: 1
Water Heater - Gas: 1
Water Heater - Tnkls: 1
Mstr Bdrm/Mstr Bath
MBath Double Vanity: 1
MBath Separate Shwr: 1
MBath Tile: 1
MBed Balcony: 1
MBed First Floor: 1
MBed Sitting Area: 1
MBed Walk-in Closet: 1
Master Bedroom
Second: 1
Bedroom
First: 1
Second: 1
Kitchen
First: 1
Rooms
Bedroom: 1
Dining Area: 1
Great Room: 1
Kitchen: 1
Master Bedroom: 1
Fees Include
Management: 1
Master Association: 1
Recreational Faclty: 1
Security: 1
TV Cable: 1
Status Change Info
Status: Active
Location Tax and Legal
Area: 18 - 30A East
Street #: 26
Street Name: Rain Lily
Street Suffix: Lane
State: FL
Zip Code: 32459
County: Walton
Project Name/Subdivision: WATERCOLOR
Parcel ID: 15-3S-19-25422-000-0020
Property Features
Construction Status: Construction Complete
Lot Features: Covenants; Restrictions; Within 1/2 Mile to Water
Zoning: Resid Single Family
Parking Features: Garage; Garage Attached
Project Facilities: Beach; Dock; Exercise Room; Fishing; Pavillion/Gazebo; Pets Allowed; Picnic Area; Playground; Pool; Short Term Rental - Allowed; Tennis; TV Cable; Waterfront
Exterior: Balcony; BBQ Pit/Grill; Pool - Gunite Concrt; Pool - In-Ground; Porch; Shower
Interior: Breakfast Bar; Fireplace; Fireplace Gas; Floor Hardwood; Furnished - All; Kitchen Island; Lighting Recessed; Pantry; Washer/Dryer Hookup; Window Treatment All; Woodwork Painted
Appliances: Cooktop; Dishwasher; Dryer; Microwave; Range Hood; Refrigerator W/IceMk; Smoke Detector; Stove/Oven Gas; Washer; Wine Refrigerator
Utilities: Electric; Gas - Natural; Public Sewer; Public Water; Tap Fee Paid; Underground
Energy: AC - 2 or More; AC - Central Elect; Ceiling Fans; Heat - Two or More; Heat Cntrl Electric; Storm Doors; Storm Windows; Water Heater - Gas; Water Heater - Tnkls
Master Bedroom: Second
Bedroom: First; Second
Kitchen: First
Rooms: Bedroom; Dining Area; Great Room; Kitchen; Master Bedroom
Fees Include: Management; Master Association; Recreational Faclty; Security; TV Cable
Supplements
The open, airy floor plan was designed for both intimate gatherings and grand entertaining. Anchored by a gourmet kitchen with premium appliances, an oversized island, and custom cabinetry, the space flows effortlessly into the dining area and great room, where a fireplace, coffered ceilings, and designer finishes create a warm yet elevated atmosphere. Expansive glass doors dissolve the boundary between indoors and out, revealing a private outdoor sanctuary with a heated pool and hot tub, covered patio, and fully equipped summer kitchen, perfect for year-round entertaining. All six bedrooms feature ensuite baths, offering privacy and comfort for guests and family alike. The second-level primary suite boasts a spa-inspired bathroom, private balcony, and expansive walk-in closet. This floor also includes an additional guest suite, a relaxed lounge area, and separate guest quarters complete with kitchenette, bath, and laundry ideal for extended visits. Accessible via stairs or elevator, the third level features a charming bunk room, additional sitting areas, and extra sleeping accommodations, providing ample space for larger groups. Throughout the home, custom millwork, designer lighting, and curated finishes elevate every detail, reflecting meticulous craftsmanship and thoughtful design. Ideally located near the WaterColor Beach Club, Camp WaterColor, scenic nature trails, and the boutiques and dining along 30A, this residence offers an unparalleled lifestyle. Whether enjoyed as a full-time home, a luxurious coastal getaway, or a high-performing investment property, 26 Rain Lily Lane stands as a true masterpiece of design, comfort, and coastal living.
Room Information
Room Name Level Dimensions Length Width
Great RoomFirst19 x 1419.0014.00
Dining AreaFirst19 x 1419.0014.00
KitchenFirst18 x 1718.0017.00
BedroomFirst13.5 x 14.513.5014.50
BedroomSecond16.7 x 1916.7019.00
BedroomSecond12 x 12.512.0012.50
BedroomSecond13 x 1313.0013.00
Master BedroomSecond21 x 2221.0022.00

Listing Office: Scenic Sotheby's International Realty

Last Updated: March - 25 - 2026

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.


Broker Attribution: dahlerandco@scenicsir.com

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