146 Silver Laurel Way

3,972 Sq. Ft.
$1,158 / Sq. Ft.
3,972
Sq. Ft.
$1,158
per Sq. Ft.

Description

Exceptional Gulf-View Residence in Prime WaterColor Location
Ideally situated just two blocks from the beach on a quiet street, this 5-bedroom, 5.5-bath WaterColor home offers rare elevated Gulf views, strong rental performance, and extensive recent upgrades. Positioned among the highest vantage points in the community, the property captures sweeping views of the Gulf, Seaside, and surrounding coastal landscape, highlighted by a rooftop deck designed for sunrise and sunset enjoyment. The home features
...Exceptional Gulf-View Residence in Prime WaterColor Location

Ideally situated just two blocks from the beach on a quiet street, this 5-bedroom, 5.5-bath WaterColor home offers rare elevated Gulf views, strong rental performance, and extensive recent upgrades. Positioned among the highest vantage points in the community, the property captures sweeping views of the Gulf, Seaside, and surrounding coastal landscape, highlighted by a rooftop deck designed for sunrise and sunset enjoyment. The home features multiple indoor and outdoor living spaces, including expansive porches, a private rear deck with gas fire pit and grill, and a rooftop terrace with panoramic sightlines. The kitchen is well-appointed with Sub-Zero refrigeration, Wolf appliances, an oversized island with seating, and custom cabinetry by Smallbone of England. Interiors were professionally designed by Beau Interiors and are offered furnished (with exclusions). Recent improvements include new electrical throughout, new decking, recessed lighting, one new HVAC unit, new window treatments, new hot water heater, paved driveway, and updated marble surfaces in the kitchen. The backyard faces toward Seaside and the Gulf, and a contractor has verified space for a potential pool installation. Located within close proximity to the Truman House and in one of WaterColor's most desirable rental areas, the property has generated approximately $175-200K annually in gross rental revenue over the past two years. Buyer to verify all information and dimensions.
  1. Listed by Matt W Wright • Think Real Estate

Property Details for 146 Silver Laurel Way

Architectural Style
Florida
Waterfront
No
Subdivision Name
Watercolor
View
Gulf
View
Yes
LISTING UPDATED: 04/14/2026 11:26 AM

Property Details for 146 Silver Laurel Way

StatusActive
MLS #787994
Days on Market29
Taxes$33,945 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence / Single Family Residence
Year Built2007
Lot Size0.12 AC / 5,227 SF
CountyWalton County

Location

Listing Courtesy of Think Real Estate
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Building Information for 146 Silver Laurel Way

Stories3Year Built2007Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$25,987 per month

30 year fixed, 6.46% Interest

Principal and Interest

$23,158

Property Taxes

$2,829

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 146 Silver Laurel Way

Summary
Location and General Information
  • City: Santa Rosa Beach
  • County Or Parish: Walton
  • Directions: From the Town Center of Watercolor, travel East on 30A to Mystic Cobalt. Turn left onto Mystic Cobalt and right on Silver Laurel Way. House will be on the right.
  • State Region: FL
  • Postal Code: 32459
  • Latitude: 30.32288
  • Longitude: -86.141062
  • State Or Province: FL
  • MLS Area Major: 12 - Walton County
  • MLS Area Minor: 1205 - Walton - Seaside
Taxes and HOA Information
  • Parcel Number: 15-3S-19-25403-000-0140
  • Association: Yes
  • Tax Annual Amount: $33,945.00
  • Tax Legal Description: LOT 14 RAINBOW ROW AT WATER COLOR PB 14-31 OR 2342-457 OR 2776-819 OR 2860-1146 OR 2863-1698 OR 3209-3721
  • Tax Year: 2025
School Information
  • Elementary School: Dune Lakes
  • High School: South Walton
  • Middle Or Junior School: Emerald Coast
Parking
  • Attached Garage: No
  • Covered Spaces: 2.0
  • Garage: No
Property
Lot Information
  • Building Area Total: 3972.0
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Dimensions: 50x100
  • Lot Size Units: Acres
  • Lot Size Square Feet: 5009.0
  • Living Area Source: Appraiser
Property and Assessments
  • Year Built: 2007
  • New Construction: No
  • Human Modified: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Underground Utilities
Interior and Exterior Features
Exterior Features
  • Exterior Features: Fire Pit
  • Pool Features: In Ground, Community
  • Association Amenities: Beach Rights, Barbecue, Picnic Area
  • Community Features: Barbecue, Beach, Fitness Center, Game Room, Playground, Park, Pool, Shopping, Tennis Courts, Community Pool, Short Term Rental Allowed
  • Construction Materials: Other
  • Foundation Details: Pillar Post Pier
  • Patio And Porch Features: Balcony, Covered, Open, Porch
  • Security Features: Key Card Entry, Smoke Detectors
  • Roof: Metal
Interior Features
  • Levels: Three Or More
  • Stories: 3
  • Stories Total: 3
  • Bathrooms Full: 5
  • Bathrooms Half: 1
  • Bathrooms Total: 6
  • Bedrooms Total: 5
  • Rooms Total: 5
  • Cooling: Yes
  • Cooling: Central Air, Multi Units
  • Heating: Yes
  • Heating: Central, Electric
  • Appliances: Gas Cooktop
Room Information
Room 1
  • Room Dimensions: 15 x 12
  • Room Length: 15.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 12.0
Room 2
  • Room Dimensions: 17 x 15
  • Room Length: 17.0
  • Room Level: Second
  • Room Type: Primary Bedroom
  • Room Width: 15.0
Room 3
  • Room Dimensions: 26 x 14
  • Room Length: 26.0
  • Room Level: First
  • Room Type: Living Room
  • Room Width: 14.0
Room 4
  • Room Dimensions: 18 x 14
  • Room Length: 18.0
  • Room Level: First
  • Room Type: Kitchen
  • Room Width: 14.0
Room 5
  • Room Dimensions: 17 x 13
  • Room Length: 17.0
  • Room Level: First
  • Room Type: Dining Room
  • Room Width: 13.0
Multi Family
Multi-Family Information
  • Units Furnished: All Units
Mobile Home
Mobile Home Information
  • Mobile Dim Units: Feet
Rental
Rental Information
  • Occupant Type: Tenant

Property History for 146 Silver Laurel Way

DateEvent & SourcePriceAppreciation
Apr 7, 2026

Listed (Active)

CPAR #787994

$4,599,000—
Jul 30, 2021

Sold (Public Record)

Public Record #1468435472

$3,800,000

+9.4% / yr

Jul 30, 2021

Sold

ECAR #869922

$3,800,000—
DateEvent & SourcePrice
04/07/2026

Listed (Active)

CPAR #787994

$4,599,000
07/30/2021

Sold (Public Record)

Public Record #1468435472

$3,800,000

+9.4% / yr

07/30/2021

Sold

ECAR #869922

$3,800,000

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

Public Records for 146 Silver Laurel Way

Taxable ValueLand$616,052Additions$3,140,758Total$3,756,810
Tax Record2024$33,357 ($2,780 / month)
Home Facts
Beds5Total Finished SqFt3,972 SqFtAbove Grade Finished SqFt3,972 SqFtStories3Lot Size5,009 SqFtStyleSingle Family ResidenceYear Built2007CountyWALTONAPN15-3S-19-25403-000-0140

Schools near 146 Silver Laurel 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.

Similar Homes

Similar Sold Homes

146 Silver Laurel Way is a single family home for sale in Santa Rosa Beach, FL 32459. This property was listed for sale on April 7, 2026 by Think Real Estate, it's currently listed at $4,599,000. It has been on the market for a total of 29 days and was last sold on July 30, 2021. This listing's school district is Walton. Nearby schools include Dune Lakes Elementary School, Emerald Coast Middle School and South Walton High School. 146 Silver Laurel Way is a 5-bed, 6-bath, 3,972 sqft single family home built in 2007.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Think Real Estate

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.