406 Red Cedar Way

$2,610,000
Price
3
Beds
2,486 Sq. Ft.
$1,050 / Sq. Ft.
2,486
Sq. Ft.
$1,050
per Sq. Ft.

Description

Welcome to your dream home in Watercolor! This stunning 3-bedroom, 3.5-bathroom residence spans a generous 2,486 square feet, perfectly nestled on a 6,380 square foot lot. Designed for comfort and style, this home offers an inviting open kitchen equipped with a sleek island, modern appliances including a dishwasher, microwave, and even a wine cooler for the connoisseur.
Enjoy cozy evenings by the fireplace or relish the cool breeze on your charming porch. The formal dining room is perfect for hosting
...Welcome to your dream home in Watercolor! This stunning 3-bedroom, 3.5-bathroom residence spans a generous 2,486 square feet, perfectly nestled on a 6,380 square foot lot. Designed for comfort and style, this home offers an inviting open kitchen equipped with a sleek island, modern appliances including a dishwasher, microwave, and even a wine cooler for the connoisseur.

Enjoy cozy evenings by the fireplace or relish the cool breeze on your charming porch. The formal dining room is perfect for hosting gatherings, while the kitchen dining area offers a more casual setting for meals. With completely replaced central AC system and added hot water pump to ensure hot water up and downstairs while all showers in use at once, your daily routines will be a breeze. Outdoor enthusiasts will love the community amenities, featuring a refreshing pool, tennis court, and playground. Plus, carport parking ensures your vehicle stays protected. Embrace the laid-back lifestyle of Watecolor today! This information is believed to be accurate, but without any warranty.

Listing Agent

  1. Cole Blair

    Cole Blair

    Listing Agent

    Compass

    cole.blair@compass.com

    P: (850)-376-3269

Property Details for 406 Red Cedar Way

Zoning
Resid Single Family
Architectural Style
Florida Cottage
Subdivision Name
WATERCOLOR
LISTING UPDATED: 12/07/2025 08:45 AM

Property Details for 406 Red Cedar Way

StatusPending
MLS #989489
Days on Market24
Taxes$18,614 / year
HOA Fees$1,510 / quarter
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Detached Single Family
Year Built2007
Lot Size0.15 AC / 6,534 SF
CountyWalton County
Add your commute

Building Information for 406 Red Cedar Way

Stories2Year Built2007Building Size-Lot Size0.15 AC / 6,534 SF

Payment Calculator

$14,951 per month

30 year fixed, 6.28% Interest

Principal and Interest

$12,897

Property Taxes

$1,551

HOA Dues

$503

The Payment Calculator is for illustrative purposes only.

Property Information for 406 Red Cedar Way

Summary
Location and General Information
  • Community Features: Beach, Deed Access, Dock, Dumpster, Elevators, Exercise Room, Fishing, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable, Waterfront
  • Directions: Highway 98, south on Hwy 395, west at Lake Forest Dr (Publix light), left on Western Lake Dr, left on Pine Needle, right on Red Cedar Way.
  • MLS Area Minor: 1802 - S. of 98 W of Camp Creek
  • MLS Area Major: 18 - 30A East
  • Latitude: 30.323699
  • Longitude: -86.131326
  • Location Tax and Legal:Sub Area: 1802 - S. of 98 W of Camp Creek
  • Location Tax and Legal:Elementary School: Van R Butler
  • Location Tax and Legal:Middle School: Emerald Coast
  • Location Tax and Legal:High School: South Walton
  • Location Tax and Legal:Legal Description: Lot 9, PINE RIDGE AT WATERCOLOR, according to the Plat thereof, as recorded in Plat Book 15, Page(s) 18 through 18D, of the Public Records of Walton County, Florida.
  • Project Facilities: Beach, Deed Access, Dock2, Dumpster, Elevators, Exercise Room, Fishing, Pets Allowed2, Picnic Area, Playground, Pool2, Tennis, TV Cable3, Waterfront
Taxes and HOA
  • Association Fee Frequency: Quarterly
  • Association Fee Includes: Accounting, Ground Keeping, Internet Service, Management, Master Association, Recreational Faclty, Services, Cable TV, Trash
  • Association Fee2: $1,510
  • Tax Legal Description: Lot 9, PINE RIDGE AT WATERCOLOR, according to the Plat thereof, as recorded in Plat Book 15, Page(s) 18 through 18D, of the Public Records of Walton County, Florida.
  • Parcel Number: 15-3S-19-25413-000-0090
  • Association Fee: $0
  • Association YN: Yes
  • Tax Annual Amount: $18,614
  • Listing Info Tax Legal:Last Taxes: $18,614
  • Listing Info Tax Legal:Last Tax Year: 2025.0
School Information
  • Elementary School: Van R Butler
  • Middle Or Junior School: Emerald Coast
  • High School: South Walton
Parking
  • Carport YN: Yes
  • Attached Garage YN: No
  • Parking Features: Carport Attached
  • Covered Spaces: 1.0
  • General Property Info:Covered Spaces: 1.0
  • General Property Info:Driveway Spaces: 2.0
  • Parking Features: Carport Attached
Property
Lot Information
  • Building Area Source: County PA Records
  • Lot Size Dimensions: 58x110
  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Units: Acres
  • Property Condition: Construction Complete
  • Lot Features: Covenants, Interior, Restrictions
  • Building Area Total: 2486.0
  • Lot Size Square Feet: 6534.0
  • General Property Info:SqFt Source: County PA Records
  • LotParcel Access: Paved Road
  • Lot Features: Covenants, Interior, Restrictions
Property and Assessments
  • Road Surface Type: Paved
  • Tax Year: 2025.0
  • 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: No
  • Construction Status: Construction Complete
  • Construction Siding: Foundation On Piling, Frame, Roof Metal, Siding CmntFbrHrdBrd, Trim Wood
Utilities
  • Sewer: Public Sewer
  • Utilities: Electric, Gas - Natural, Phone, Public Water, Tap Fee Paid, TV Cable
  • Electric: True
  • Utilities: Electric, Gas - Natural, Phone2, Public Sewer, Public Water, Tap Fee Paid, TV Cable
  • Energy: AC - Central Elect, Ceiling Fans, Heat Cntrl Gas
Interior and Exterior Features
Exterior Features
  • Exterior Features: Shower
  • Construction Materials: Frame, Siding CmntFbrHrdBrd, Trim Wood
  • Foundation Details: Foundation On Piling
  • Stories: 2.0
  • Pool Features: Pool Type
  • Patio And Porch Features: Porch, Porch Screened
  • General Property Info:Pool: Yes
  • General Property Info:Pool Type: Community
  • Exterior: Porch, Porch Screened, Shower
Interior Features
  • Heating: Natural Gas
  • Cooling: Ceiling Fans, Central Air
  • Interior Features: Ceiling Cathedral, Hallway Bunk Beds, Kitchen Island, Owner's Closet, Washer/Dryer Hookup
  • Fireplace Features: Fireplace Gas
  • Flooring: Floor Hardwood, Floor Tile
  • Window Features: Window Treatment All
  • Room Type: Dining Room, Master Bedroom, Bedroom, Kitchen, Living Room
  • Rooms Total: 6.0
  • Bathrooms Total Integer: 4.0
  • Bathrooms Total Decimal: 3.5
  • Bathrooms Total Notational: 3.1
  • Cooling YN: Yes
  • Heating YN: Yes
  • Fireplace YN: Yes
  • Bedrooms Total: 3.0
  • Bathrooms Full: 3.0
  • Bathrooms Half: 1.0
  • Interior: Ceiling Cathedral, Fireplace Gas, Floor Hardwood, Floor Tile, Furnished - All, Hallway Bunk Beds, Kitchen Island, Owner's Closet, WasherDryer Hookup, Window Treatment All
  • Appliances: Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Range Hood, Refrigerator WIceMk, StoveOven Gas, Washer, Wine Refrigerator
Room Information
Room 1
  • Room Type: Dining Room
  • Room Level: First
  • Room Length: 28.83
  • Room Width: 21.66
  • Room Description: Dining/Living Combo
  • Room Dimensions: 28.83 x 21.66
Room 2
  • Room Type: Master Bedroom
  • Room Level: Second
  • Room Length: 18.83
  • Room Width: 16.41
  • Room Dimensions: 18.83 x 16.41
Room 3
  • Room Type: Bedroom
  • Room Level: First
  • Room Length: 13.58
  • Room Width: 12.0
  • Room Dimensions: 13.58 x 12
Room 4
  • Room Type: Bedroom
  • Room Level: First
  • Room Length: 16.5
  • Room Width: 11.83
  • Room Dimensions: 16.5 x 11.83
Room 5
  • Room Type: Kitchen
  • Room Level: First
  • Room Length: 19.83
  • Room Width: 10.83
  • Room Dimensions: 19.83 x 10.83
Room 6
  • Room Type: Living Room
  • Room Level: First
  • Room Length: 26.0
  • Room Width: 22.0
  • Room Dimensions: 26 x 22
Multi Family
Multi Family Information
  • Furnished: Furnished - All
Rental
Rent Information
  • General Property Info:Immediate Occupancy: Yes
  • Listing Info Tax Legal:Is Subject Leased: No

Property History for 406 Red Cedar Way

DateEvent & SourcePriceAppreciation
Dec 6, 2025

Pending

ECAR #989489

—
Nov 12, 2025

Listed (Active)

ECAR #989489

$2,610,000—
Mar 31, 2021

Sold

ECAR #865706

$2,100,000—
Mar 30, 2021

Sold (Public Record)

Public Record #1456695608

$2,100,000

+21.8% / yr

Mar 2, 2021

Pending

ECAR #865706

—
Mar 1, 2021

Listed (Active)

ECAR #865706

$2,100,000—
Oct 31, 2017

Sold

ECAR #782585

$1,070,000—
Oct 27, 2017

Sold (Public Record)

Public Record #611131879

$1,070,000

+3.1% / yr

Sep 18, 2017

Pending

ECAR #782585

—
Sep 1, 2017

Listed (Active)

ECAR #782585

$1,190,000—
May 23, 2014

Sold (Public Record)

Public Record #416004747

$965,000

+11.4% / yr

May 23, 2014

Sold

ECAR #701981

$965,000—
Apr 15, 2014

Pending

ECAR #701981

—
Mar 27, 2014

Listed (Active)

ECAR #701981

$999,000—
Nov 4, 2010

Expired

ECAR #510974

—
Feb 18, 2009

Listed (Active)

ECAR #510974

$999,900—
Dec 5, 2008

Expired

ECAR #445148

—
Sep 29, 2006

Listed (Active)

ECAR #445148

$1,395,000—
Feb 23, 2004

Sold (Public Record)

Public Record #133934622

$320,000—
Feb 17, 2004

Sold

ECAR #346741

$320,000—
Dec 19, 2003

Pending

ECAR #346741

—
Aug 5, 2003

Listed (Active)

ECAR #346741

$325,000—
DateEvent & SourcePrice
12/06/2025

Pending

ECAR #989489

—
11/12/2025

Listed (Active)

ECAR #989489

$2,610,000
03/31/2021

Sold

ECAR #865706

$2,100,000
03/30/2021

Sold (Public Record)

Public Record #1456695608

$2,100,000

+21.8% / yr

03/02/2021

Pending

ECAR #865706

—
03/01/2021

Listed (Active)

ECAR #865706

$2,100,000
10/31/2017

Sold

ECAR #782585

$1,070,000
10/27/2017

Sold (Public Record)

Public Record #611131879

$1,070,000

+3.1% / yr

09/18/2017

Pending

ECAR #782585

—
09/01/2017

Listed (Active)

ECAR #782585

$1,190,000
05/23/2014

Sold (Public Record)

Public Record #416004747

$965,000

+11.4% / yr

05/23/2014

Sold

ECAR #701981

$965,000
04/15/2014

Pending

ECAR #701981

—
03/27/2014

Listed (Active)

ECAR #701981

$999,000
11/04/2010

Expired

ECAR #510974

—
02/18/2009

Listed (Active)

ECAR #510974

$999,900
12/05/2008

Expired

ECAR #445148

—
09/29/2006

Listed (Active)

ECAR #445148

$1,395,000
02/23/2004

Sold (Public Record)

Public Record #133934622

$320,000
02/17/2004

Sold

ECAR #346741

$320,000
12/19/2003

Pending

ECAR #346741

—
08/05/2003

Listed (Active)

ECAR #346741

$325,000

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

Public Records for 406 Red Cedar Way

Taxable ValueLand$582,511Additions$1,563,344Total$2,145,855
Tax Record2024$19,767 ($1,647 / month)
Home Facts
Beds3Total Finished SqFt2,486 SqFtAbove Grade Finished SqFt2,486 SqFtStories2Lot Size6,360 SqFtStyleSingle Family ResidenceYear Built2007CountyWALTONAPN15-3S-19-25413-000-0090

Schools near 406 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 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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

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© 2025 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.