Last Sold Price
5 beds2,905 sqft$516/sqft
242 Red Cedar Way, Santa Rosa Beach, FL 32459

Description

This beautiful non rental WaterColor home is located on arguably one of the best phase 2 lots. Backing up to green space with views of Western Lake, green space on one side and a nice park across the street the privacy is hard to beat. The extra wide lot easily accommodates a full 2 car front entry garage and offers ample parking. The outdoor spaces include 4 covered porches and a grilling area and patio, a pool should be easy to add. 5 bedrooms, hallway bunks, 5.5 bath means there is plenty of room...This beautiful non rental WaterColor home is located on arguably one of the best phase 2 lots. Backing up to green space with views of Western Lake, green space on one side and a nice park across the street the privacy is hard to beat. The extra wide lot easily accommodates a full 2 car front entry garage and offers ample parking. The outdoor spaces include 4 covered porches and a grilling area and patio, a pool should be easy to add. 5 bedrooms, hallway bunks, 5.5 bath means there is plenty of room for the entire family and even some friends. The kitchen has plenty of work space, high end appliances and is open to living/dining area.
LISTING CLOSED: 03/01/2016 12:00 AM

  1. Listed by Scott G Cobine • Brokerage DRE #2023531 • Berkshire Hathaway HomeServices
    P: (850) 974-9055 C: (850) 974-9055 cobinesells@aol.com

Property Details for 242 Red Cedar Way

Status
MLS #
737672
Days on Market
119
Taxes
$10,697 / year
HOA Fees
$1,085 / quarter
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Detached Single Family
Year Built
2007
Lot Size
-
View
Lake
Zoning
Resid Single Family
Architectural Style
Florida Cottage
Subdivision Name
WATERCOLOR

Location

Listing Courtesy of Berkshire Hathaway HomeServices

Sold By The Premier Property Group Watercolor Office

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Building Information for 242 Red Cedar Way

Stories2Year Built2007Building Size-Lot Size-

Payment Calculator

$8,877 per month

30 year fixed, 6.55% Interest

Principal and Interest

$7,624

Property Taxes

$891

HOA Dues

$362

The Payment Calculator is for illustrative purposes only.

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Property Information for 242 Red Cedar Way

Summary
Location and General Information
  • Community Features: Deed Access, Exercise Room, Marina, Pavillion/Gazebo, Pets Allowed, Pool, Tennis, Waterfront, Whirlpool
  • Directions: Located in Phase 2 of WaterColor, from Western Lake Dr go N on Red Cedar, home will be on your left
  • MLS Area Minor: 1802 - S. of 98 W of Camp Creek
  • MLS Area Major: 18 - 30A East
  • Latitude: 30.324679
  • Longitude: -86.133377
  • Location Tax and Legal:Sub Area: 1802 - S. of 98 W of Camp Creek
  • Location Tax and Legal:Elementary School: Bay
  • Location Tax and Legal:Middle School: Emerald Coast
  • Location Tax and Legal:High School: South Walton
  • Location Tax and Legal:Legal Description: LOT 7 EASTERN COVE AT WATERCOLOR PB 15 PG 24 OR 2437-679 OR 2440-1926 OR 2529-1886 OR 2648-3951 OR 2801-2424
  • Project Facilities: Deed Access, Exercise Room, Marina, PavillionGazebo2, Pets Allowed2, Pool2, Tennis, Waterfront, Whirlpool
Taxes and HOA
  • Association Fee Frequency: Quarterly
  • Association Fee Includes: Management, Recreational Faclty, Cable TV
  • Association Fee2: $1,085
  • Tax Legal Description: LOT 7 EASTERN COVE AT WATERCOLOR PB 15 PG 24 OR 2437-679 OR 2440-1926 OR 2529-1886 OR 2648-3951 OR 2801-2424
  • Parcel Number: 15-3S-19-25415-000-0070
  • Association Fee: $0
  • Association YN: Yes
  • Tax Annual Amount: $10,697
  • Listing Info Tax Legal:Last Taxes: $10,697
  • Listing Info Tax Legal:Last Tax Year: 2014.0
School Information
  • Elementary School: Bay
  • Middle Or Junior School: Emerald Coast
  • High School: South Walton
Parking
  • Attached Garage YN: No
  • Parking Features: Garage Detached, Guest
  • Garage Spaces: 2.0
  • General Property Info:Driveway Spaces: 4.0
  • Parking Features: Garage Detached, Guest
Property
Lot Information
  • Building Area Source: County PA Records
  • Lot Size Dimensions: 66x100x65x113
  • Lot Size Acres: 0.0
  • Lot Size Area: 0.0
  • Lot Size Units: Acres
  • Property Condition: Construction Complete
  • Lot Features: Covenants, Within 1/2 Mile to Water, Wooded
  • Building Area Total: 2905.0
  • Lot Size Square Feet: 0.0
  • General Property Info:SqFt Source: County PA Records
  • Waterview: Lake2
  • Lot Features: Covenants, Within 12 Mile to Water, Wooded
Property and Assessments
  • Tax Year: 2014.0
  • Floor Plans Count: 0.0
  • Property Type: Residential
  • Year Built: 2007.0
  • Property Sub Type: Detached Single Family
  • New Construction YN: No
  • General Property Info:Sub-Type: Detached Single Family
  • General Property Info:Design: Florida Cottage
  • Listing Info Tax Legal:Homestead: false
  • Construction Status: Construction Complete
  • Construction Siding: Roof Metal
  • Occupancy Status: Occupied
Utilities
  • Utilities: Community Sewer, Community Water
  • Utilities: Community Sewer, Community Water
  • Energy: AC - Central Elect
Interior and Exterior Features
Exterior Features
  • Exterior Features: Balcony, BBQ Pit/Grill, Columns, Guest Quarters, Summer Kitchen
  • Construction Materials: Roof Metal
  • Stories: 2.0
  • General Property Info:Pool: No
  • General Property Info:Pool Type: None
  • Exterior: Balcony, BBQ PitGrill, Columns, Guest Quarters, Summer Kitchen
Interior Features
  • Cooling: Central Air
  • Interior Features: Built-In Bookcases, Ceiling Raised, Ceiling Tray/Cofferd, Floor Hardwood, Furnished - Some, Guest Quarters, Kitchen Island
  • Room Type: Media Room, Bedroom, Kitchen, Living Room, Dining Room, Master Bedroom, Separate Apartment
  • Rooms Total: 9.0
  • Bathrooms Total Integer: 6.0
  • Bathrooms Total Decimal: 5.5
  • Bathrooms Total Notational: 5.1
  • Cooling YN: Yes
  • Bedrooms Total: 5.0
  • Bathrooms Full: 5.0
  • Bathrooms Half: 1.0
  • Interior: Built-In Bookcases, Ceiling Raised, Ceiling TrayCofferd, Floor Hardwood, Furnished - Some, Guest Quarters2, Kitchen Island
  • Appliances: Refrigerator WIceMk, StoveOven Gas
Room Information
Room 1
  • Room Type: Media Room
  • Room Level: First
  • Room Length: 16.0
  • Room Width: 11.0
  • Room Dimensions: 16 x 11
Room 2
  • Room Type: Bedroom
  • Room Level: First
  • Room Length: 11.0
  • Room Width: 11.0
  • Room Dimensions: 11 x 11
Room 3
  • Room Type: Bedroom
  • Room Level: First
  • Room Length: 12.0
  • Room Width: 11.0
  • Room Dimensions: 12 x 11
Room 4
  • Room Type: Bedroom
  • Room Level: First
  • Room Length: 13.0
  • Room Width: 11.0
  • Room Dimensions: 13 x 11
Room 5
  • Room Type: Kitchen
  • Room Level: Second
  • Room Length: 15.0
  • Room Width: 10.0
  • Room Dimensions: 15 x 10
Room 6
  • Room Type: Living Room
  • Room Level: Second
  • Room Length: 18.0
  • Room Width: 12.0
  • Room Dimensions: 18 x 12
Room 7
  • Room Type: Dining Room
  • Room Level: Second
  • Room Length: 9.0
  • Room Description: Dining/Living Combo
  • Room Dimensions: 9 x 8
Room 8
  • Room Type: Master Bedroom
  • Room Level: Second
  • Room Description: Dimensions: 12.16
Room 9
  • Room Type: Separate Apartment
  • Room Level: Second
  • Room Length: 23.0
  • Room Width: 20.0
  • Room Dimensions: 23 x 20
Rental
Rent Information
  • General Property Info:Immediate Occupancy: true
  • Listing Info Tax Legal:Is Subject Leased: false

Property History for 242 Red Cedar Way

DateEvent & SourcePriceAppreciation
Mar 1, 2016

Sold (Public Record)

Public Record #566880410

$1,500,000

-0.4% / yr

Mar 1, 2016

Sold

ECAR #737672

$1,500,000
Jan 1, 2016

Pending

ECAR #737672

DateEvent & SourcePrice
03/01/2016

Sold (Public Record)

Public Record #566880410

$1,500,000

-0.4% / yr

03/01/2016

Sold

ECAR #737672

$1,500,000
01/01/2016

Pending

ECAR #737672

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

Public Records for 242 Red Cedar Way

Taxable ValueLand$640,762Additions$1,953,391Total$2,594,153
Tax Record2024$21,472 ($1,789 / month)
Home Facts
Beds4Total Finished SqFt2,905 SqFtAbove Grade Finished SqFt2,905 SqFtStories2Lot Size6,970 SqFtStyleSingle Family ResidenceYear Built2007CountyWALTONAPN15-3S-19-25415-000-0070Fireplace TypeHas Fireplace

Schools near 242 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 Berkshire Hathaway HomeServices

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.