782 Western Lake Drive
Santa Rosa Beach, FL 32459
MLS# 953243
Status: 
Pending3 beds  |  4 baths  |  2496 sqft
Property DescriptionWelcome to 782 Western Lake Drive, a custom-designed coastal retreat in the coveted Lake District Phase I of Watercolor! Built by Ralph Gage Contracting with superior structural integrity, this stunning 3-bedroom, 4-bathroom home has been recently renovated to offer the ultimate luxury and comfort.
Step inside through one of three elegant 10' custom Mahogany double doors to discover an open-concept living space with 11' ceilings, hardwood floors, and beautifully tiled baths. The updated kitchen boasts gorgeous countertops, custom-built cabinetry, and a seamless flow to the dining and living areas, which open onto a screened porch—perfect for entertaining indoors and out.
Listing Board: Emerald Coast
List Price/SqFt: 1095.75
List Date: 2024-06-26
Current Price: $2,735,000
Sub Area: 1802 - S. of 98 W of Camp Creek
Elementary School: Van R Butler
Middle School: Emerald Coast
High School: South Walton
Legal Description: LOT 42 LAKE DISTRICT AT WATER COLOR PB 14-33 OR 2411-1522 OR 2477-1829 OR 2629-1895 OR 2667 -143 OR 2781-4448 OR 2834-1364 OR 3012-1297
Sub-Type: Detached Single Family
Design: Florida Cottage
SqFt Source: County PA Records
Garage: Yes
Carport: No
Driveway Spaces: 2
Pool: Yes
Pool Type: Community
Apx SqFt(Htd/Cooled): 2496
Bedrooms: 3
Full Baths: 4
Total Bathrooms: 4
# Stories: 2
Year Built: 2004
Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 1790
Annual Assessment Amount: 7160
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: Welcome to 782 Western Lake Drive, a custom-designed coastal retreat in the coveted Lake District Phase I of Watercolor! Built by Ralph Gage Contracting with superior structural integrity, this stunning 3-bedroom, 4-bathroom home has been recently renovated to offer the ultimate luxury and comfort.
Step inside through one of three elegant 10' custom Mahogany double doors to discover an open-concept living space with 11' ceilings, hardwood floors, and beautifully tiled baths. The updated kitchen boasts gorgeous countertops, custom-built cabinetry, and a seamless flow to the dining and living areas, which open onto a screened porch—perfect for entertaining indoors and out.
Pool: 1
Short Term Rental - Allowed: 1
Electric: 1
Gas - Natural: 1
Public Sewer: 1
Public Water: 1
Balcony: 1
BBQ Pit/Grill: 1
Patio Covered: 1
Patio Open: 1
Floor Hardwood: 1
Furnished - All: 1
Microwave: 1
Oven Self Cleaning: 1
Refrigerator: 1
Smoke Detector: 1
Stove/Oven Electric: 1
Washer: 1
AC - Central Elect: 1
Ceiling Fans: 1
MBath Separate Shwr: 1
MBed First Floor: 1
Dining Area: 1
Great Room: 1
Kitchen: 1
Master Bedroom: 1
Management: 1
Recreational Faclty: 1
Status: Pending
Under Contract Date: 2025-09-27
Area: 18 - 30A East
Street #: 782
Street Name: Western Lake
Street Suffix: Drive
County: Walton
Project Name/Subdivision: WATERCOLOR
Parcel ID: 15-3S-19-25405-000-0420
Construction Status: Construction Complete
Zoning: Resid Single Family
Project Facilities: Beach; Deed Access; Dock; Exercise Room; Fishing; Pickle Ball; Pool; Short Term Rental - Allowed; Tennis
Exterior: Balcony; BBQ Pit/Grill; Patio Covered; Patio Open; Shower
Interior: Floor Hardwood; Furnished - All
Appliances: Dishwasher; Dryer; Microwave; Oven Self Cleaning; Refrigerator; Smoke Detector; Stove/Oven Electric; Washer
Utilities: Electric; Gas - Natural; Public Sewer; Public Water; TV Cable
Energy: AC - Central Elect; Ceiling Fans; Heat Cntrl Electric
Rooms: Bedroom; Bonus Room; Dining Area; Great Room; Kitchen; Master Bedroom
Fees Include: Accounting; Legal; Management; Recreational Faclty; Trash; TV Cable
Upstairs, two additional bedrooms with private baths and a versatile bonus/media room provide ample space for family and guests. This home comfortably sleeps 10, making it ideal as a primary residence, vacation home, or rental property.
Additional features include a two-car garage with enclosed storage, attic space, and sitting areas on both levels for cozy gatherings.
Located in WaterColor's highly sought-after Phase I Lake District, this home is steps away from the beach, WaterColor Beach Club, tennis courts, the BoatHouse, and the vibrant Seaside town center. Residents enjoy various amenities, including Gulf-front and lakeside pools, nature trails, canoeing, and easy local shopping and dining access.
Embrace the relaxed coastal lifestyle in one of WaterColor's most desirable neighborhoods, where muted color schemes blend seamlessly with the natural surroundings. Don't miss this rare opportunity to own a piece of paradise!
      | Room Name |     Level |     Dimensions |     Length |     Width |     Dimensions |   
  | Great Room | First | 19 x 15 | 19.00 | 15.00 | 19 x 15 | 
  | Dining Area | First | 15 x 15 | 15.00 | 15.00 | 15 x 15 | 
  | Kitchen | First | 12 x 12 | 12.00 | 12.00 | 12 x 12 | 
  | Master Bedroom | First | 12 x 12 | 12.00 | 12.00 | 12 x 12 | 
  | Bedroom | Second | 15 x 13 | 15.00 | 13.00 | 15 x 13 | 
  | Bedroom | Second | 14 x 13 | 14.00 | 13.00 | 14 x 13 | 
  | Bonus Room | Second | 16 x 12 | 16.00 | 12.00 | 16 x 12 | 
   
Listing Office: Latitude Resort Properties
  Last Updated: October - 16 - 2025
  All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.