Last Sold Price
4 beds2,525 sqft$772/sqft
306 Red Cedar Way, Santa Rosa Beach, FL 32459

Description

Located on a corner lot in beautiful Watercolor Resort this four bedroom home is offered fully furnished, including a golf cart, and backs up to the conservation area by Western Lake. Five spacious porches totaling 1,350 square feet, private pool, outdoor fireplace and an open concept living, kitchen and dining area are just some of the special features of this property. The kitchen and all bathrooms have been recently renovated and all feature quartz countertops, new custom cabinetry, fixtures and...Located on a corner lot in beautiful Watercolor Resort this four bedroom home is offered fully furnished, including a golf cart, and backs up to the conservation area by Western Lake. Five spacious porches totaling 1,350 square feet, private pool, outdoor fireplace and an open concept living, kitchen and dining area are just some of the special features of this property. The kitchen and all bathrooms have been recently renovated and all feature quartz countertops, new custom cabinetry, fixtures and lighting. Additionally, the exterior of the home was repainted in the last year. The second floor offers two master bedrooms, a guest bedroom, a fourth bedroom with two sets of built in bunks and a custom hall bunk area. Located just a short stroll to the beach or Camp Watercolor pool. Located on 499 acres in the renowned South Walton Beaches, Watercolor was created with families in mind and offers the charm of small town life. Watercolor Resort is tucked between the beautiful beaches of the Emerald Coast and Western Lake, a natural 220-acre coastal dune lake. Watercolor is rich in natural beauty and offers exceptional community amenities which include a new homeowner owned gulf front beach club, featuring three pools, a full-service restaurant, new restrooms and easy beach-to-pool access. The recently updated Camp Watercolor offers a lazy river and slide, multiple pools, park, lush green spaces and food service. Enjoy miles of walking and bike trails, a boathouse offering kayaking, canoeing and paddle boarding, outstanding tennis facility and a short biking distance from the shops and restaurants in Seaside. Every year since 2013, Watercolor resort has received Forbes' Four Star designation, making it the most decorated property in northwest Florida and beginning in 2016, and every year since, the readers of Conde Nast Traveler voted it the region's number one resort.
LISTING CLOSED: 10/14/2020 12:00 AM

  1. Listed by Cynthia L Cobine • Brokerage DRE #2027627 • Scenic Sotheby's International Realty
    P: (850) 974-0306 C: (850) 974-0306 cindi@scenicsir.com
  2. Listed by Cliff Cohen • Brokerage DRE #2027627 • Scenic Sotheby's International Realty
    P: (850) 585-5350 C: (850) 585-5350 cliff@scenicsir.com

Property Details for 306 Red Cedar Way

Status
MLS #
855194
Days on Market
7
Taxes
$11,306 / year
HOA Fees
$1,590 / quarter
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Detached Single Family
Year Built
2007
Lot Size
-
Zoning
Resid Single Family
Architectural Style
Beach House
Subdivision Name
WATERCOLOR

Recent comparable sales

Median sold price

$1,910,000

Avg days on market

113

Sale-to-list ratio

87.5%

[Santa Rosa Beach, FL]

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Location

Listing Courtesy of Scenic Sotheby's International Realty

Sold By Scenic Sotheby's International Realty

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Building Information for 306 Red Cedar Way

Stories2Year Built2007Building Size-Lot Size-

Payment Calculator

$11,383 per month

30 year fixed, 6.55% Interest

Principal and Interest

$9,911

Property Taxes

$942

HOA Dues

$530

The Payment Calculator is for illustrative purposes only.

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Property Information for 306 Red Cedar Way

Summary
Location and General Information
  • Community Features: Beach, Deed Access, Dock, Exercise Room, Fishing, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable, Waterfront
  • Directions: From Highway 395 at Publix turn onto W. Lake Forest Road into WaterColor. Take a left on Western Lake Drive and home is on the corner of Western Lake Drive and Red Cedar Way
  • Road Frontage Type: Private Road
  • MLS Area Minor: 1802 - S. of 98 W of Camp Creek
  • MLS Area Major: 18 - 30A East
  • Latitude: 30.32382
  • Longitude: -86.132922
  • 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 1 EASTERN COVE AT WATERCOLOR PB 15-24 OR 2437-679 OR 2460-737
  • Project Facilities: Beach, Deed Access, Dock2, Exercise Room, Fishing, PavillionGazebo2, Pets Allowed2, Picnic Area, Playground, Pool2, Tennis, TV Cable3, Waterfront
Taxes and HOA
  • Association Fee Frequency: Quarterly
  • Association Fee Includes: Accounting, Ground Keeping, Land Recreation, Legal, Management, Master Association, Recreational Faclty, Security, Cable TV, Trash
  • Association Fee2: $1,590
  • Tax Legal Description: LOT 1 EASTERN COVE AT WATERCOLOR PB 15-24 OR 2437-679 OR 2460-737
  • Parcel Number: 15-3S-19-25415-000-0010
  • Association Fee: $0
  • Association YN: Yes
  • Tax Annual Amount: $11,306
  • Listing Info Tax Legal:Last Taxes: $11,306
  • Listing Info Tax Legal:Last Tax Year: 2019.0
School Information
  • Elementary School: Dune Lakes
  • Middle Or Junior School: Emerald Coast
  • High School: South Walton
Parking
  • Carport YN: No
  • General Property Info:Driveway Spaces: 2.0
Property
Lot Information
  • Building Area Source: Appraiser
  • Lot Size Dimensions: 55 x 100 x 53 x 100
  • Lot Size Acres: 0.0
  • Lot Size Area: 0.0
  • Lot Size Units: Acres
  • Property Condition: Construction Complete
  • Lot Features: Covenants, Restrictions, Within 1/2 Mile to Water
  • Building Area Total: 2525.0
  • Lot Size Square Feet: 0.0
  • General Property Info:SqFt Source: Appraiser
  • LotParcel Access: Paved Road, Private Road
  • Lot Features: Covenants, Restrictions, Within 12 Mile to Water
Property and Assessments
  • Road Surface Type: Paved
  • Tax Year: 2019.0
  • 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: Beach House
  • Listing Info Tax Legal:Homestead: false
  • Construction Status: Construction Complete
  • Construction Siding: Roof Metal, Siding CmntFbrHrdBrd
  • Occupancy Status: Vacation Rental
Utilities
  • Utilities: Community Sewer, Community Water, Electric, Gas - Natural, Public Water, TV Cable
  • Electric: True
  • Utilities: Community Sewer, Community Water, Electric, Gas - Natural, Public Water, TV Cable
  • Energy: AC - 2 or More, Ceiling Fans
Interior and Exterior Features
Exterior Features
  • Exterior Features: BBQ Pit/Grill, Fenced Lot-Part, Fireplace, Patio Enclosed, Pool - In-Ground, Porch, Porch Open, Porch Screened, Renovated
  • Construction Materials: Roof Metal, Siding CmntFbrHrdBrd
  • Stories: 2.0
  • Pool Features: Pool Type
  • General Property Info:Pool: Yes
  • General Property Info:Pool Type: Private
  • Exterior: BBQ PitGrill, Fenced Lot-Part, Fireplace2, Patio Enclosed, Pool - In-Ground, Porch, Porch Open, Porch Screened, Renovated
Interior Features
  • Cooling: Ceiling Fan(s)
  • Interior Features: Floor Hardwood, Furnished - All, Hallway Bunk Beds, Kitchen Island, Lock Out, Owner's Closet, Renovated, Window Treatment All
  • Room Type: Master Bathroom, Living Room, Dining Area, Screened Porch, Master Bedroom, Laundry, Bedroom, Half Bathroom, Kitchen
  • Rooms Total: 15.0
  • Bathrooms Total Integer: 4.0
  • Bathrooms Total Decimal: 3.5
  • Bathrooms Total Notational: 3.1
  • Cooling YN: Yes
  • Bedrooms Total: 4.0
  • Bathrooms Full: 3.0
  • Bathrooms Half: 1.0
  • Interior: Floor Hardwood, Furnished - All, Hallway Bunk Beds, Kitchen Island, Lock Out, Owner's Closet, Renovated2, Window Treatment All
  • Appliances: Dishwasher, Disposal, Dryer, Fire AlarmSprinkler, Freezer, Microwave, Refrigerator WIceMk, StoveOven Gas, Washer, Wine Refrigerator
Room Information
Room 1
  • Room Type: Master Bathroom
  • Room Level: Second
  • Room Length: 13.0
  • Room Width: 6.0
  • Room Dimensions: 13 x 6
Room 2
  • Room Type: Living Room
  • Room Level: First
  • Room Length: 18.0
  • Room Width: 14.0
  • Room Dimensions: 18 x 14
Room 3
  • Room Type: Dining Area
  • Room Level: First
  • Room Length: 14.0
  • Room Width: 11.0
  • Room Dimensions: 14 x 11
Room 4
  • Room Type: Screened Porch
  • Room Level: First
  • Room Length: 24.0
  • Room Width: 8.0
  • Room Dimensions: 24 x 8
Room 5
  • Room Type: Master Bedroom
  • Room Level: Second
  • Room Length: 13.0
  • Room Width: 11.0
  • Room Dimensions: 13 x 11
Room 6
  • Room Type: Master Bathroom
  • Room Level: Second
  • Room Length: 11.0
  • Room Width: 5.0
  • Room Dimensions: 11 x 5
Room 7
  • Room Type: Screened Porch
  • Room Level: Second
  • Room Length: 27.0
  • Room Dimensions: 27 x 10
Room 8
  • Room Type: Master Bedroom
  • Room Level: Second
  • Room Length: 13.0
  • Room Width: 12.0
  • Room Dimensions: 13 x 12
Room 9
  • Room Type: Laundry
  • Room Level: First
  • Room Length: 10.0
  • Room Width: 9.0
  • Room Dimensions: 10 x 9
Room 10
  • Room Type: Bedroom
  • Room Level: Second
  • Room Length: 14.0
  • Room Width: 10.0
  • Room Dimensions: 14 x 10
Room 11
  • Room Type: Screened Porch
  • Room Level: First
  • Room Length: 29.0
  • Room Width: 27.0
  • Room Dimensions: 29 x 27
Room 12
  • Room Type: Half Bathroom
  • Room Level: First
  • Room Length: 7.0
  • Room Width: 5.0
  • Room Dimensions: 7 x 5
Rental
Rent Information
  • General Property Info:Immediate Occupancy: true
  • Listing Info Tax Legal:Is Subject Leased: false

Property History for 306 Red Cedar Way

DateEvent & SourcePriceAppreciation
Oct 14, 2020

Sold (Public Record)

Public Record #681637450

$1,949,825

+13.6% / yr

Oct 14, 2020

Sold

ECAR #855194

$1,949,825
Sep 18, 2020

Pending

ECAR #855194

DateEvent & SourcePrice
10/14/2020

Sold (Public Record)

Public Record #681637450

$1,949,825

+13.6% / yr

10/14/2020

Sold

ECAR #855194

$1,949,825
09/18/2020

Pending

ECAR #855194

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

Public Records for 306 Red Cedar Way

Taxable ValueLand$640,762Additions$1,646,528Total$2,287,290
Tax Record2024$19,793 ($1,649 / month)
Home Facts
Beds3Total Finished SqFt2,390 SqFtAbove Grade Finished SqFt2,390 SqFtStories2Lot Size5,227 SqFtStyleSingle Family ResidenceYear Built2007Year Renovated2010CountyWALTONAPN15-3S-19-25415-000-0010Fireplace TypeHas Fireplace

Schools near 306 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.