406 Red Cedar Way
Description
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.
Property Details for 406 Red Cedar Way
Recent comparable sales
Median sold price
$2,537,500
Avg days on market
86
Sale-to-list ratio
91.8%
Santa Rosa Beach, FL
9 comparable properties found
$2,425,000
Sold 11/21/25
- 3
- Bedrooms
- 4
- Bathrooms
- 2,626
- Square Feet
- 0.13
- Acres
$2,150,000
Sold 03/27/25
- 3
- Bedrooms
- 4
- Bathrooms
- 2,444
- Square Feet
- 0.14
- Acres
$2,780,000
Sold 06/04/26
- 3
- Bedrooms
- 4
- Bathrooms
- 2,434
- Square Feet
- 0.15
- Acres
$2,650,000
Sold 06/12/26
- 3
- Bedrooms
- 4
- Bathrooms
- 2,611
- Square Feet
- 0.13
- Acres
$2,287,500
Sold 07/15/25
- 3
- Bedrooms
- 4
- Bathrooms
- 2,807
- Square Feet
- 0.14
- Acres
$2,850,000
Sold 11/25/25
- 3
- Bedrooms
- 4
- Bathrooms
- 2,294
- Square Feet
- 0.12
- Acres
$2,755,000
Sold 12/03/25
- 3
- Bedrooms
- 4
- Bathrooms
- 2,712
- Square Feet
- 0.09
- Acres
$1,975,000
Sold 03/16/26
- 3
- Bedrooms
- 4
- Bathrooms
- 2,202
- Square Feet
- 0.08
- Acres
$2,685,000
Sold 06/24/25
- 3
- Bedrooms
- 4
- Bathrooms
- 2,944
- Square Feet
- 0.11
- Acres
Location
Sold By Innerscope Realty LLC
Building Information for 406 Red Cedar Way
Payment Calculator
$14,508 per month
30 year fixed, 6.55% Interest
$12,453
$1,551
$503
Know your buying power with a preapproval and custom rate in minutes
1Property Information for 406 Red Cedar Way
- 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
- 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
- Elementary School: Van R Butler
- Middle Or Junior School: Emerald Coast
- High School: South Walton
- 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
- 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
- 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: false
- Construction Status: Construction Complete
- Construction Siding: Foundation On Piling, Frame, Roof Metal, Siding CmntFbrHrdBrd, Trim Wood
- Occupancy Status: Vacation Rental
- 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
- 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
- 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
- Furnished: Furnished - All
- 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 Type: Master Bedroom
- Room Level: Second
- Room Length: 18.83
- Room Width: 16.41
- Room Dimensions: 18.83 x 16.41
- Room Type: Bedroom
- Room Level: First
- Room Length: 13.58
- Room Width: 12.0
- Room Dimensions: 13.58 x 12
- Room Type: Bedroom
- Room Level: First
- Room Length: 16.5
- Room Width: 11.83
- Room Dimensions: 16.5 x 11.83
- Room Type: Kitchen
- Room Level: First
- Room Length: 19.83
- Room Width: 10.83
- Room Dimensions: 19.83 x 10.83
- Room Type: Living Room
- Room Level: First
- Room Length: 26.0
- Room Width: 22.0
- Room Dimensions: 26 x 22
- General Property Info:Immediate Occupancy: true
- Listing Info Tax Legal:Is Subject Leased: false
Property History for 406 Red Cedar Way
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Jan 15, 2026 | Sold (Public Record) Public Record #1927155827 | $2,450,000 | +3.3% / yr |
| Jan 15, 2026 | Sold ECAR #989489 | $2,450,000 | — |
| 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 | — |
| Date | Event & Source | Price |
|---|---|---|
| 01/15/2026 | Sold (Public Record) Public Record #1927155827 | $2,450,000 +3.3% / yr |
| 01/15/2026 | Sold ECAR #989489 | $2,450,000 |
| 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, we often displays two records for one sale: the MLS record and the public record.
Public Records for 406 Red Cedar Way
Schools near 406 Red Cedar Way
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
New listings in 32459
$7,995,000
- 5
- Bedrooms
- 6
- Bathrooms
- 4,423
- Square Feet
- 0.26
- Acres
$8,900,000
- 3
- Bedrooms
- 4
- Bathrooms
- 2,304
- Square Feet
- 0.16
- Acres
$690,000
- 3
- Bedrooms
- 4
- Bathrooms
- 1,396
- Square Feet
$478,500
- 3
- Bedrooms
- 2
- Bathrooms
- 1,484
- Square Feet
- 0.12
- Acres
Nearby home values
| Address | Sold price | Beds | Baths | Sqft | Lot (Sqft) |
|---|---|---|---|---|---|
This home: 406 Red Cedar Way, Santa Rosa Beach, FL 32459 | $2,450,000 | 3 | 4 | 2,486 | 6,534 |
$1,930,000 | 5 | 6 | 3,427 | 0 | |
$2,425,000 | 3 | 3 | 2,236 | 6,380 | |
$2,875,000 | 5 | 7 | 4,948 | 6,534 | |
$1,680,000 | 4 | 5 | 2,798 | 6,098 | |
$1,225,000 | 4 | 5 | 2,240 | – | |
$1,236,250 | 4 | 5 | 3,124 | – | |
$1,170,000 | 3 | 3 | 2,224 | – | |
$2,300,000 | 4 | 3 | 1,860 | 4,000 | |
$1,035,000 | 3 | 3 | 1,828 | – | |
$1,125,000 | 4 | 4 | 2,160 | – | |
$2,240,000 | 3 | 4 | 2,111 | 4,773 | |
$1,179,000 | 3 | 2 | 1,731 | – | |
$2,455,000 | 4 | 4 | 2,062 | 4,791 | |
$1,830,000 | 4 | 4 | 2,704 | – | |
$815,000 | 3 | 3 | 2,229 | 4,791 |
Explore Nearby Homes
- 30A East Homes for Sale
- Beach Highlands Homes for Sale
- Church Street Village Homes for Sale
- Gulf Shore Manor Homes for Sale
- Eagle Bay Homes for Sale
- Driftwood Estates Homes for Sale
- Cypress Dunes Homes for Sale
- Watercolor Phase 4 Homes for Sale
- Watercolor Phase 5 Homes for Sale
- North Santa Rosa Beach Homes for Sale
- Redfish Village Homes for Sale
- Sandestin Homes for Sale
- Water Sound West Beach Homes for Sale
- Lakeside at Blue Mountain Beach Homes for Sale
- Blue Gulf Resort Homes for Sale
- Miramar Beach Homes for Sale
- Watersound Homes for Sale
- Santa Rosa Beach Homes for Sale
- Seacrest Homes for Sale
- Rosemary Beach Homes for Sale
- Freeport Homes for Sale
- Inlet Beach Homes for Sale
- Destin Homes for Sale
- Panama City Beach Homes for Sale
- Niceville Homes for Sale
- Ebro Homes for Sale
- Valparaiso Homes for Sale
- Eglin AFB Homes for Sale
- Fort Walton Beach Homes for Sale
- Shalimar Homes for Sale
- 32550 Homes for Sale
- 32461 Homes for Sale
- 32462 Homes for Sale
- 32439 Homes for Sale
- 32455 Homes for Sale
- 32413 Homes for Sale
- 32578 Homes for Sale
- 32437 Homes for Sale
- 32541 Homes for Sale
- 32435 Homes for Sale
- 32542 Homes for Sale
- 32580 Homes for Sale
- 32409 Homes for Sale
- 32548 Homes for Sale
- 32579 Homes for Sale
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.
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.