Last Sold Price
5 beds4,090 sqft$868/sqft
138 Red Cedar Way, Santa Rosa Beach, FL 32459

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...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. 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
LISTING CLOSED: 11/11/2025 12:00 AM

  1. Listed by Bernadette Flannery • Brokerage DRE #1007656 • Scenic Sotheby's International Realty
    P: (850) 226-3020 C: (850) 226-3020 bernadetteflannery@mac.com

Property Details for 138 Red Cedar Way

Status
MLS #
979766
Days on Market
101
Taxes
-
HOA Fees
$1,510 / quarter
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Detached Single Family
Year Built
2005
Lot Size
-
Zoning
Resid Single Family
Architectural Style
Traditional
Subdivision Name
WATERCOLOR

Location

Add your commute

Building Information for 138 Red Cedar Way

Stories2Year Built2005Building Size-Lot Size-

Payment Calculator

$20,605 per month

30 year fixed, 6.55% Interest

Principal and Interest

$18,044

Property Taxes

$2,057

HOA Dues

$503

The Payment Calculator is for illustrative purposes only.

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Property Information for 138 Red Cedar Way

Summary
Location and General Information
  • Community Features: Beach, Community Room, Exercise Room, Fishing, Picnic Area, Playground, Pool, Tennis, TV Cable, Waterfront
  • Directions: From S. County Hwy 395, turn west onto W. Lake Forest Drive. Turn right at stop sign to remain on W. Lake Forest Drive. Turn left onto Acorn Way then right onto Red Cedar Way. Home is on the right side.
  • Road Frontage Type: Private Road
  • MLS Area Minor: 1802 - S. of 98 W of Camp Creek
  • MLS Area Major: 18 - 30A East
  • Latitude: 30.326066
  • Longitude: -86.134093
  • Location Tax and Legal:Sub Area: 1802 - S. of 98 W of Camp Creek
  • Location Tax and Legal:Elementary School: Dune Lakes
  • Location Tax and Legal:Middle School: Emerald Coast
  • Location Tax and Legal:High School: South Walton
  • Location Tax and Legal:Legal Description: LOT 13 EASTERN COVE AT WATER COLOR PB 15-24 OR 2437-679 OR 2502-785 OR 2785-2653 OR 2868- 4008
  • Project Facilities: Beach, Community Room, Exercise Room, Fishing, Picnic Area, Playground, Pool2, Tennis, TV Cable3, Waterfront
Taxes and HOA
  • Association Fee Frequency: Quarterly
  • Association Fee Includes: Accounting, Ground Keeping, Internet Service, Legal, Licenses/Permits, Management, Repairs/Maintenance, Security, Cable TV, Trash
  • Association Fee2: $1,510
  • Tax Legal Description: LOT 13 EASTERN COVE AT WATER COLOR PB 15-24 OR 2437-679 OR 2502-785 OR 2785-2653 OR 2868- 4008
  • Parcel Number: 15-3S-19-25415-000-0130
  • Association Fee: $0
  • Association YN: Yes
School Information
  • Elementary School: Dune Lakes
  • Middle Or Junior School: Emerald Coast
  • High School: South Walton
Parking
  • Carport YN: No
  • Carport Spaces: 2.0
  • General Property Info:Carport Spaces: 2.0
  • General Property Info:Driveway Spaces: 4.0
Property
Lot Information
  • Building Area Source: Appraiser
  • Lot Size Dimensions: 62' x 110' x 83' x 109'
  • Lot Size Acres: 0.0
  • Lot Size Area: 0.0
  • Lot Size Units: Acres
  • Property Condition: Construction Complete
  • Lot Features: Covenants, Restrictions, Survey Available
  • Building Area Total: 4090.0
  • Lot Size Square Feet: 0.0
  • General Property Info:SqFt Source: Appraiser
  • LotParcel Access: Paved Road, Private Road
  • Lot Features: Covenants, Restrictions, Survey Available
Property and Assessments
  • Road Surface Type: Paved
  • Floor Plans Count: 0.0
  • Property Type: Residential
  • Year Built: 2005.0
  • Property Sub Type: Detached Single Family
  • New Construction YN: No
  • General Property Info:Sub-Type: Detached Single Family
  • General Property Info:Design: Traditional
  • Listing Info Tax Legal:Homestead: false
  • Construction Status: Construction Complete
  • Construction Siding: Frame, Roof Metal, Siding CmntFbrHrdBrd
  • Occupancy Status: Vacant
Utilities
  • Sewer: Public Sewer
  • Utilities: Electric, Gas - Natural, Phone, Public Water, TV Cable
  • Electric: True
  • Utilities: Electric, Gas - Natural, Phone2, Public Sewer, Public Water, TV Cable
  • Energy: AC - 2 or More, AC - Central Elect, Heat Cntrl Electric, Water Heater - Gas, Water Heater - Tnkls
Interior and Exterior Features
Exterior Features
  • Exterior Features: Balcony
  • Construction Materials: Frame, Siding CmntFbrHrdBrd
  • Stories: 2.0
  • Pool Features: Pool Type
  • Patio And Porch Features: Porch Screened
  • General Property Info:Pool: Yes
  • General Property Info:Pool Type: Community
  • Exterior: Balcony, Porch Screened
Interior Features
  • Heating: Central
  • Cooling: Central Air
  • Interior Features: Breakfast Bar, Ceiling Beamed, Ceiling Vaulted, Fireplace 2+, Pantry, Split Bedroom, Washer/Dryer Hookup, Woodwork Painted
  • Fireplace Features: Fireplace Gas
  • Flooring: Floor Hardwood, Floor Tile
  • Window Features: Window Treatment All
  • Room Type: Living Room, Dining Area, Kitchen, Bedroom, Bunk Room, Master Bedroom
  • Rooms Total: 8.0
  • Bathrooms Total Integer: 6.0
  • Bathrooms Total Decimal: 6.0
  • Bathrooms Total Notational: 6.0
  • Cooling YN: Yes
  • Heating YN: Yes
  • Fireplace YN: Yes
  • Bedrooms Total: 5.0
  • Bathrooms Full: 6.0
  • Interior: Breakfast Bar, Ceiling Beamed, Ceiling Vaulted, Fireplace 2, Fireplace Gas, Floor Hardwood, Floor Tile, Furnished - All, Pantry, Split Bedroom, WasherDryer Hookup, Window Treatment All, Woodwork Painted
  • Appliances: Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Refrigerator, Security System, Smoke Detector, StoveOven Gas, Washer, Wine Refrigerator
  • Furnished: Furnished - All
Room Information
Room 1
  • Room Type: Living Room
  • Room Level: First
  • Room Length: 15.0
  • Room Width: 19.0
  • Room Description: Living/Dining
  • Room Dimensions: 15 x 19
Room 2
  • Room Type: Dining Area
  • Room Level: First
  • Room Length: 13.0
  • Room Width: 13.0
  • Room Dimensions: 13 x 13
Room 3
  • Room Type: Kitchen
  • Room Level: First
  • Room Length: 18.0
  • Room Width: 13.0
  • Room Dimensions: 18 x 13
Room 4
  • Room Type: Bedroom
  • Room Level: First
  • Room Length: 11.0
  • Room Width: 13.0
  • Room Dimensions: 11 x 13
Room 5
  • Room Type: Bunk Room
  • Room Level: First
  • Room Length: 15.0
  • Room Width: 12.0
  • Room Dimensions: 15 x 12
Room 6
  • Room Type: Master Bedroom
  • Room Level: Second
  • Room Length: 15.0
  • Room Width: 14.5
  • Room Dimensions: 15 x 14.5
Room 7
  • Room Type: Bedroom
  • Room Level: Second
  • Room Length: 10.5
  • Room Dimensions: 10.5 x 11.5
Room 8
  • Room Type: Bedroom
  • Room Level: Second
  • Room Length: 12.75
  • Room Width: 12.5
  • Room Dimensions: 12.75 x 12.5
Rental
Rent Information
  • General Property Info:Immediate Occupancy: true
  • Listing Info Tax Legal:Is Subject Leased: false

Property History for 138 Red Cedar Way

DateEvent & SourcePriceAppreciation
Nov 12, 2025

Sold (Public Record)

Public Record #1920313651

$3,550,000
Nov 12, 2025

Sold (Public Record)

Public Record #1920313651

$3,550,000

+6.3% / yr

Nov 11, 2025

Sold

NEFMLS #2117560

$3,550,000
DateEvent & SourcePrice
11/12/2025

Sold (Public Record)

Public Record #1920313651

$3,550,000
11/12/2025

Sold (Public Record)

Public Record #1920313651

$3,550,000

+6.3% / yr

11/11/2025

Sold

NEFMLS #2117560

$3,550,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 138 Red Cedar Way

Taxable ValueLand$640,762Additions$2,424,282Total$3,065,044
Tax Record2024$24,683 ($2,057 / month)
Home Facts
Beds5Total Finished SqFt4,415 SqFtAbove Grade Finished SqFt4,415 SqFtStories2Lot Size7,841 SqFtStyleSingle Family ResidenceYear Built2005CountyWALTONAPN15-3S-19-25415-000-0130Fireplace TypeHas Fireplace

Schools near 138 Red Cedar Way

This home is within Walton.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Dune Lakes Elementary School
PublicK to 5

Emerald Coast Middle School
Public6 to 8

South Walton High School
Public9 to 12

WALTON VIRTUAL SCHOOL WCSD-7023
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Scenic Sotheby's International Realty

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2026 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.