408 Western Lake Dr

3,381 Sq. Ft.
$1,000 / Sq. Ft.
3,381
Sq. Ft.
$1,000
per Sq. Ft.

Description

Just steps from the shores of Western Lake, this exquisitely updated home stands as a testament to architectural ingenuity, originally designed by the renowned Tom Christ. Nestled in Park District of WaterColor, its exterior and interior have been meticulously repainted, showcasing a fresh, new look. With soaring ceilings, the home radiates a like-new ambiance, featuring refinished wood flooring, brand-new appliances, and elegantly selected furnishings. Boasting a proven rental history, this magnificent...Just steps from the shores of Western Lake, this exquisitely updated home stands as a testament to architectural ingenuity, originally designed by the renowned Tom Christ. Nestled in Park District of WaterColor, its exterior and interior have been meticulously repainted, showcasing a fresh, new look. With soaring ceilings, the home radiates a like-new ambiance, featuring refinished wood flooring, brand-new appliances, and elegantly selected furnishings. Boasting a proven rental history, this magnificent property is not only a luxurious coastal retreat but also a lucrative investment opportunity, making it highly appealing for discerning buyers. The thoughtful design includes a practical mudroom and laundry area on the first floor, ideal for managing sandy excursions and beach towels. Each of the two spacious bedrooms on the first level, one of which is a bunk room, offers a haven of comfort, complete with private ensuite bathrooms and walk-in closets. Ascending to the second level, the residence unfolds into a stunning open-concept space, combining the kitchen, dining, and sitting areas under a magnificent wood-lined ceiling. Abundant natural light floods in through large windows and doors, illuminating each artfully arranged space. The kitchen, recently updated, strikes a balance between modern and coastal aesthetics, featuring white cabinetry, sleek quartz countertops, and high-end appliances. The master suite is an embodiment of tranquility, boasting a lofty beamed ceiling, a cozy sitting room, and a private porch with verdant views. One of the suites includes a secluded sleeping porch, perfect for savoring the refreshing coastal air. The third-floor tower offers a spectacular vantage point for admiring sunsets over WaterColor. Behind the home, a paved parking area leads to a two-car garage, which houses a nearly new golf cart. Above the garage lies a charming carriage house, complete with a kitchenette and full bath. The screened porch invites relaxation with cushioned swing seats, while the side patio offers a perfect spot for stargazing around the fire pit. This extraordinary home is a rare find for those seeking a luxurious coastal lifestyle in Florida, conveniently located near various restaurants and Club WaterColor amenities.

Property Details for 408 Western Lake Drive

View
Lake
Zoning
Resid Single Family
Architectural Style
Beach House
Subdivision Name
WATERCOLOR
LISTING UPDATED: 01/04/2025 10:48 AM

Property Details for 408 Western Lake Drive

StatusSold
MLS #939950
Days on Market313
Taxes$17,967 / year
HOA Fees$1,790 / quarter
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Detached Single Family
Year Built2003
Lot Size0.12 AC / 5,227 SF
CountyWalton County

Location

Listing Courtesy of Scenic Sotheby's International Realty

Sold By Scenic Sotheby's International Realty

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Building Information for 408 Western Lake Drive

Stories3Year Built2003Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$18,572 per month

30 year fixed, 6.15% Interest

Principal and Interest

$16,478

Property Taxes

$1,497

HOA Dues

$597

The Payment Calculator is for illustrative purposes only.

Property Information for 408 Western Lake Drive

Summary
Location and General Information
  • Community Features: Beach, Deed Access, Dock, Dumpster, Exercise Room, Fishing, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable, Waterfront
  • Directions: Traveling east on Hwy 30 from Grayton Beach heading into Watercolor, turn left (north) onto Buttercup St and then make a left onto Western Lake Dr. The home will be on your left hand side
  • MLS Area Minor: 1802 - S. of 98 W of Camp Creek
  • MLS Area Major: 18 - 30A East
  • Latitude: 30.325948
  • Longitude: -86.144125
  • 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 30 SUNSET RIDGE AT WATER COLOR PB 14-29 OR 2228-1 OR 2605-3831 OR 2607-3524 OR 2733-3558 OR 2837-2874 OR 2997-3324 OR 3047-2309
  • Project Facilities: Beach, Deed Access, Dock2, Dumpster, Exercise Room, Fishing, PavillionGazebo2, Pets Allowed2, Picnic Area, Playground, Pool2, Short Term Rental - Allowed, Tennis, TV Cable3, Waterfront
  • Garage 2: true
Taxes and HOA
  • Association Fee Frequency: Quarterly
  • Association Fee Includes: Accounting, Internet Service, Land Recreation, Master Association, Recreational Faclty, Security, Cable TV, Trash
  • Association Fee2: $1,790
  • Tax Legal Description: LOT 30 SUNSET RIDGE AT WATER COLOR PB 14-29 OR 2228-1 OR 2605-3831 OR 2607-3524 OR 2733-3558 OR 2837-2874 OR 2997-3324 OR 3047-2309
  • Parcel Number: 15-3S-19-25401-000-0300
  • Association Fee: $0
  • Association YN: Yes
  • Tax Annual Amount: $17,967
  • Listing Info Tax Legal:Last Taxes: $17,967
  • Listing Info Tax Legal:Last Tax Year: 2022.0
School Information
  • Elementary School: Dune Lakes
  • Middle Or Junior School: Emerald Coast
  • High School: South Walton
Parking
  • Carport YN: No
  • Attached Garage YN: Yes
  • Garage Spaces: 2.0
  • General Property Info:Driveway Spaces: 2.0
  • Parking Features: Garage Attached
Virtual Tour
Property
Lot Information
  • Building Area Source: County PA Records
  • Lot Size Dimensions: 63X100X37X100
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Units: Acres
  • Property Condition: Construction Complete
  • Lot Features: Cleared, Covenants, Interior, Restrictions, Survey Available, Within 1/2 Mile to Water
  • Building Area Total: 3381.0
  • Lot Size Square Feet: 5227.2
  • General Property Info:SqFt Source: County PA Records
  • Waterview: Coastal Dune Lakes2, Lake2
  • LotParcel Access: Paved Road
  • Lot Features: Cleared, Covenants, Interior, Restrictions, Survey Available, Within 12 Mile to Water
Property and Assessments
  • Road Surface Type: Paved
  • Tax Year: 2022.0
  • Floor Plans Count: 0.0
  • Property Type: Residential
  • Year Built: 2003.0
  • 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, Siding Shake, Trim Wood
Utilities
  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water, Tap Fee Paid, TV Cable
  • Electric: True
  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water, Tap Fee Paid, TV Cable
  • Energy: AC - Central Elect, Heat Cntrl Electric
Interior and Exterior Features
Exterior Features
  • Exterior Features: Balcony, Guest Quarters, Porch, Porch Open, Porch Screened, Shower
  • Construction Materials: Roof Metal, Siding CmntFbrHrdBrd, Shake Siding, Trim Wood
  • Stories: 3.0
  • Pool Features: Pool Type
  • General Property Info:Pool: Yes
  • General Property Info:Pool Type: Community
  • Exterior: Balcony, Guest Quarters, Porch, Porch Open, Porch Screened, Shower
Interior Features
  • Heating: Central
  • Cooling: Central Air
  • Interior Features: Breakfast Bar, Ceiling Cathedral, Ceiling Raised, Fireplace, Floor Hardwood, Floor Tile, Furnished - Some, Guest Quarters, Lighting Recessed, Pantry, Window Treatment All
  • Room Type: Kitchen, Bedroom, Living Room, Dining Room, Master Bedroom
  • Rooms Total: 7.0
  • Bathrooms Total Integer: 7.0
  • Bathrooms Total Decimal: 5.5
  • Bathrooms Total Notational: 4.3
  • Cooling YN: Yes
  • Heating YN: Yes
  • Bedrooms Total: 4.0
  • Bathrooms Full: 4.0
  • Bathrooms Half: 3.0
  • Interior: Breakfast Bar, Ceiling Cathedral, Ceiling Raised, Fireplace, Floor Hardwood, Floor Tile, Furnished - Some, Guest Quarters2, Lighting Recessed, Pantry, Window Treatment All
  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Microwave, Refrigerator WIceMk, Smoke Detector, StoveOven Electric, Washer, Wine Refrigerator
Room Information
Room 1
  • Room Type: Kitchen
  • Room Level: Second
  • Room Length: 12.0
  • Room Width: 10.41
  • Room Dimensions: 12 x 10.41
Room 2
  • Room Type: Bedroom
  • Room Level: First
  • Room Length: 15.0
  • Room Width: 12.0
  • Room Dimensions: 15 x 12
Room 3
  • Room Type: Bedroom
  • Room Level: First
  • Room Length: 15.0
  • Room Width: 11.0
  • Room Dimensions: 15 x 11
Room 4
  • Room Type: Living Room
  • Room Level: Second
  • Room Length: 25.33
  • Room Width: 17.25
  • Room Dimensions: 25.33 x 17.25
Room 5
  • Room Type: Dining Room
  • Room Level: Second
  • Room Length: 25.0
  • Room Width: 12.0
  • Room Dimensions: 25 x 12
Room 6
  • Room Type: Bedroom
  • Room Level: Second
  • Room Length: 20.0
  • Room Width: 11.0
  • Room Dimensions: 20 x 11
Room 7
  • Room Type: Master Bedroom
  • Room Level: Second
  • Room Length: 20.0
  • Room Dimensions: 20 x 15.16
Rental
Rent Information
  • General Property Info:Immediate Occupancy: true
  • Listing Info Tax Legal:Is Subject Leased: false

Property History for 408 Western Lake Drive

DateEvent & SourcePriceAppreciation
Dec 30, 2024

Sold

ECAR #939950

$3,381,000—
Dec 27, 2024

Sold (Public Record)

Public Record #1548296283

$3,381,000

+8.5% / yr

Nov 20, 2024

Pending

ECAR #939950

—
Jan 12, 2024

Listed (Active)

ECAR #939950

$3,660,000—
Dec 9, 2022

Sold (Public Record)

Public Record #1503560749

$2,862,500

+47.5% / yr

Dec 9, 2022

Sold

ECAR #893199

$2,862,500—
Oct 25, 2022

Pending

ECAR #893199

—
Sep 14, 2022

Listed (Active)

ECAR #893199

$3,745,000—
Jul 19, 2017

Sold

ECAR #768592

$1,895,000—
Jun 28, 2017

Pending

ECAR #768592

—
Feb 4, 2017

Listed (Active)

ECAR #768592

$2,199,000—
Dec 17, 2015

Sold (Public Record)

Public Record #562722963

$190,000—
Jun 18, 2009

Expired

ECAR #456060

—
Feb 20, 2007

Listed (Active)

ECAR #456060

$2,795,000—
Aug 31, 2006

Sold

ECAR #404040

$1,850,000—
Jul 27, 2006

Pending

ECAR #404040

—
Sep 12, 2005

Listed (Active)

ECAR #404040

$2,800,000—
DateEvent & SourcePrice
12/30/2024

Sold

ECAR #939950

$3,381,000
12/27/2024

Sold (Public Record)

Public Record #1548296283

$3,381,000

+8.5% / yr

11/20/2024

Pending

ECAR #939950

—
01/12/2024

Listed (Active)

ECAR #939950

$3,660,000
12/09/2022

Sold (Public Record)

Public Record #1503560749

$2,862,500

+47.5% / yr

12/09/2022

Sold

ECAR #893199

$2,862,500
10/25/2022

Pending

ECAR #893199

—
09/14/2022

Listed (Active)

ECAR #893199

$3,745,000
07/19/2017

Sold

ECAR #768592

$1,895,000
06/28/2017

Pending

ECAR #768592

—
02/04/2017

Listed (Active)

ECAR #768592

$2,199,000
12/17/2015

Sold (Public Record)

Public Record #562722963

$190,000
06/18/2009

Expired

ECAR #456060

—
02/20/2007

Listed (Active)

ECAR #456060

$2,795,000
08/31/2006

Sold

ECAR #404040

$1,850,000
07/27/2006

Pending

ECAR #404040

—
09/12/2005

Listed (Active)

ECAR #404040

$2,800,000

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

Public Records for 408 Western Lake Drive

Taxable ValueLand$800,000Additions$1,983,012Total$2,783,012
Tax Record2024$23,680 ($1,973 / month)
Home Facts
Beds4Total Finished SqFt3,381 SqFtAbove Grade Finished SqFt3,381 SqFtStories2Lot Size5,097 SqFtStyleSingle Family ResidenceYear Built2003CountyWALTONAPN15-3S-19-25401-000-0300Fireplace TypeHas Fireplace

Schools near 408 Western Lake Drive

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.

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.