72 String Lily Cv

$1,299,000
Price
5,662 / 0.13
Lot Size / Acres

Description

Discover an unparalleled opportunity to build your dream home in the prestigious Park District of Watercolor, Phase V. Lot 37 is a premier homesite, ideally situated at the end of a quiet cul-de-sac on String Lily Cove. This exceptional property offers privacy and tranquility, with a greenbelt behind it and a 20-ft-wide greenway easement between it and the adjacent lot to the right. A completed home on the left further enhances the setting. This shovel-ready lot comes with fully approved and entitled...Discover an unparalleled opportunity to build your dream home in the prestigious Park District of Watercolor, Phase V. Lot 37 is a premier homesite, ideally situated at the end of a quiet cul-de-sac on String Lily Cove. This exceptional property offers privacy and tranquility, with a greenbelt behind it and a 20-ft-wide greenway easement between it and the adjacent lot to the right. A completed home on the left further enhances the setting. This shovel-ready lot comes with fully approved and entitled architectural plans designed by Chris Stoyles of Archiscapes, along with all necessary Walton County permits, allowing you to break ground immediately. The current plans feature a stunning 5-bedroom, 7-bathroom home spanning 5,270 sqft of heated/cooled space, plus over 1,300 sqft of covered balconies and porches. The design includes a private pool, a summer kitchen, and an outdoor living area complete with a fire pitensuring the ultimate indoor-outdoor coastal lifestyle.

Phase V is Watercolor's final and only short-term rental-restricted phase, ensuring a peaceful residential atmosphere. Residents also have access to an exclusive community pool available only to the owners of the 41 homesites within the phase.

As a Watercolor homeowner, you'll enjoy exclusive access to world-class amenities, including the Watercolor Beach Club, featuring three Gulf-front pools, cabanas, a tiki bar, and dining options. Camp Watercolor offers a family-friendly water park with slides, a lazy river, and a casual dining area. Outdoor enthusiasts will appreciate direct access to Western Lake for kayaking and paddle boarding. The community's extensive trail system, lush parks, and beautifully landscaped common areas provide endless opportunities for recreation and relaxation.

This is a rare opportunity to secure one of the most desirable homesites in 30A's largest master-planned community. Don't miss your chance to own a piece of paradise in Watercolor.

For more details or to schedule a site visit, contact us today.

Listing Agents

  1. Spears Group

    Spears Group

    Listing Agent

    Compass

    spearsgroup@compass.com

    P: (850)-710-2114

  2. Max Smith

    Max Smith

    Listing Agent

    Compass

    max.smith@compass.com

    P: (850)-510-1959

Property Details for 72 String Lily Cove

Zoning
Resid Single Family
Subdivision Name
WATERCOLOR
LISTING UPDATED: 11/07/2025 03:39 PM

Property Details for 72 String Lily Cove

StatusActive
MLS #981605
Days on Market151
Taxes$8,851 / year
HOA Fees$1,510 / quarter
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Vacant Land
Year Built-
Lot Size0.13 AC
CountyWalton County
Add your commute

Building Information for 72 String Lily Cove

Lot Size0.13 AC

Payment Calculator

$7,660 per month

30 year fixed, 6.28% Interest

Principal and Interest

$6,419

Property Taxes

$738

HOA Dues

$503

The Payment Calculator is for illustrative purposes only.

Property Information for 72 String Lily Cove

Summary
Location and General Information
  • Community Features: Beach
  • Directions: 98 to 395 South, right on West Lake Forest, first right on Climbing Rose Way, left on String Lily Cove, lot 37 is at the end of the cul de sac.
  • Road Frontage Type: City Road
  • MLS Area Minor: 1802 - S. of 98 W of Camp Creek
  • MLS Area Major: 18 - 30A East
  • Latitude: 30.32852
  • Longitude: -86.130618
  • 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 37 PARK DISTRICT AT WATERCOLOR PB 22-94 OR 3175-3473
  • Project Facilities: Beach, Short Term Rental - Not Allowed
Taxes and HOA
  • Association Fee Frequency: Quarterly
  • Association Fee Includes: Ground Keeping, Master Association, Security, Cable TV
  • Association Fee2: $1,510
  • Tax Legal Description: LOT 37 PARK DISTRICT AT WATERCOLOR PB 22-94 OR 3175-3473
  • Parcel Number: 14-3S-19-25405-000-0370
  • Association Fee: $0
  • Association YN: Yes
  • Tax Annual Amount: $8,851
  • Listing Info Tax Legal:Last Taxes: $8,851
  • Listing Info Tax Legal:Last Tax Year: 2024.0
School Information
  • Elementary School: Dune Lakes
  • Middle Or Junior School: Emerald Coast
  • High School: South Walton
Property
Lot Information
  • Lot Size Dimensions: 31 x 121 x 67 x 79
  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Units: Acres
  • Lot Features: Cleared, Cul-De-Sac, Within 1/2 Mile to Water
  • Lot Size Square Feet: 5662.8
  • General Property Info:Acreage: 0.13
  • Lot Features: Cleared, Cul-De-Sac, Within 12 Mile to Water
  • Lot Access: City Road2, Paved Road2
Property and Assessments
  • Road Surface Type: Paved Road
  • Tax Year: 2024.0
  • Floor Plans Count: 0.0
  • Property Type: Land
  • Property Sub Type: Vacant Land
  • General Property Info:Sub-Type: Vacant Land
Utilities
  • Sewer: Public Sewer
  • Utilities: Electric, Gas - Natural, Public Water
  • Electric: True
  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water
Interior and Exterior Features
Interior Features
  • Bathrooms Total Integer: 0.0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
Rental
Rent Information
  • Listing Info Tax Legal:Is Subject Leased: No

Property History for 72 String Lily Cove

DateEvent & SourcePriceAppreciation
Aug 25, 2025

Withdrawn

ECAR #969837

—
Aug 25, 2025

Listed (Active)

ECAR #969837

$1,550,000—
Jul 24, 2025

Listed (Active)

ECAR #981605

$1,299,000—
DateEvent & SourcePrice
08/25/2025

Withdrawn

ECAR #969837

—
08/25/2025

Listed (Active)

ECAR #969837

$1,550,000
07/24/2025

Listed (Active)

ECAR #981605

$1,299,000

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

Public Records for 72 String Lily Cove

Taxable ValueLand$1,100,000Additions-Total$1,100,000
Tax Record2024$8,851 ($738 / month)
Home Facts
Beds0Lot Size5,532 SqFtStyleMiscellaneous Vacant LandCountyWALTONAPN14-3S-19-25405-000-0370

Schools near 72 String Lily Cove

This home is within Walton.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 5 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

Seaside Neighborhood School
Charter5 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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72 String Lily Cove is a 0.13 ac of land for sale in Santa Rosa Beach, FL 32459. This property was listed for sale on July 24, 2025 by Compass, it's currently listed at $1,299,000. This listing's school district is Walton. Nearby schools include Dune Lakes Elementary School, Emerald Coast Middle School and South Walton High School. 72 String Lily Cove is a 0-bed, 0-bath, 0.13 ac of land on a 5,662 sq. ft. / 0.13 acres lot.

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.

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.