146 Silver Laurel Way, Santa Rosa Beach, FL 32459

$4,599,000
Property Type: Residential Bedrooms: 5 Baths: 6 Square Footage: 3,972 Lot Size (sq. ft.): 5,009 Status: Active
Current Price: $4,599,000 List Date: 4/07/2026 Last Modified: 4/14/2026

Overview

Description

Exceptional Gulf-View Residence in Prime WaterColor Location Ideally situated just two blocks from the beach on a quiet street, this 5-bedroom, 5.5-bath WaterColor home offers rare elevated Gulf views, strong rental performance, and extensive recent upgrades. Positioned among the highest vantage points in the community, the property captures sweeping views of the Gulf, Seaside, and surrounding coastal landscape, highlighted by a rooftop deck designed for sunrise and sunset enjoyment. The home features multiple indoor and outdoor living spaces, including expansive porches, a private rear deck with gas fire pit and grill, and a rooftop terrace with panoramic sightlines. The kitchen is well-appointed with Sub-Zero refrigeration, Wolf appliances, an oversized island with seating, and custom cabinetry by Smallbone of England. Interiors were professionally designed by Beau Interiors and are offered furnished (with exclusions). Recent improvements include new electrical throughou

Listing Details MLS# 787994

Contract Info

List Price/SqFt
1157.85

Location

Area
12 – Walton County
Street #
146
Street Name
Silver Laurel
Street Suffix
Way
State
FL
Zip Code
32459
County
Walton
Sub Area
1205 – Walton – Seaside
Subdivision
Watercolor
Community/Resort
None
Waterfront
No
Parcel ID
15-3S-19-25403-000-0140
Elementary School
Dune Lakes
Middle School
Emerald Coast
High School
South Walton
Directions
From the Town Center of Watercolor, travel East on 30A to Mystic Cobalt. Turn left onto Mystic Cobalt and right on Silver Laurel Way. House will be on the right.
Legal Description
LOT 14 RAINBOW ROW AT WATER COLOR PB 14-31 OR 2342-457 OR 2776-819 OR 2860-1146 OR 2863-1698 OR 3209-3721

General Property Info

Sub-Type
Detached Single Family
Design
Florida Cottage
Apx SqFt(Htd/Cooled)
3972
SqFt Source
An Appraiser
Full Baths
5
Half Baths
Yes
Total Baths
6
# of Stories in Building
3
Year Built
2007
Construction Status
Construction Complete
New Construction
No
Garage Y/N
No
Covered Spaces
2
Driveway Spaces
2
Lot Dimensions
50×100
Acreage
0.12
Lot Size (SqFt)
5009
Pool
Yes
Pool Type
Community

Listing Info, Tax and Legal

HOA Fee
Yes
HOA Amount
1840
HOA Frequency
Quarterly
HOA Annual Amount
7360
New Buyer Fee
Yes
New Buyer Fee Amt
0.5
New Buyer Fee Paid
%
Last Taxes
33945
Last Tax Year
2025
Brokerage Interest
No Interest

Remarks & Misc

Remarks
Exceptional Gulf-View Residence in Prime WaterColor Location Ideally situated just two blocks from the beach on a quiet street, this 5-bedroom, 5.5-bath WaterColor home offers rare elevated Gulf views, strong rental performance, and extensive recent upgrades. Positioned among the highest vantage points in the community, the property captures sweeping views of the Gulf, Seaside, and surrounding coastal landscape, highlighted by a rooftop deck designed for sunrise and sunset enjoyment. The home features multiple indoor and outdoor living spaces, including expansive porches, a private rear deck with gas fire pit and grill, and a rooftop terrace with panoramic sightlines. The kitchen is well-appointed with Sub-Zero refrigeration, Wolf appliances, an oversized island with seating, and custom cabinetry by Smallbone of England. Interiors were professionally designed by Beau Interiors and are offered furnished (with exclusions). Recent improvements include new electrical throughout, new decking, recessed lighting, one new HVAC unit, new window treatments, new hot water heater, paved driveway, and updated marble surfaces in the kitchen. The backyard faces toward Seaside and the Gulf, and a contractor has verified space for a potential pool installation. Located within close proximity to the Truman House and in one of WaterColor's most desirable rental areas, the property has generated approximately $175-200K annually in gross rental revenue over the past two years. Buyer to verify all information and dimensions.

Dining Room

First
Yes

More Information

Pool Features

Inground
Yes

Appliances

Cooktop – Gas
Yes
Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Interior Features

Breakfast Bar
Yes
Lighting – Recessed
Yes
Security System
Yes
Wet Bar
Yes

Construction/Siding

Foundation – On Piling
Yes
Roof – Metal
Yes
Siding – Other
Yes
Trim – Wood
Yes

Exterior

Balcony
Yes
Fire Pit
Yes
Hurricane Shutters
Yes
Porch Covered
Yes
Porch Open
Yes

Association Fees Include

Accounting
Yes
Advertising
Yes
BBQ Pit/Grill
Yes
Beach
Yes
Exercise Room
Yes
Ground Keeping
Yes
Legal
Yes
Management
Yes
Picnic Area
Yes
Playground
Yes
Pool
Yes
Tennis
Yes

Financing

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Furnished

Furnished
Yes

Kitchen

First
Yes

Living Room

First
Yes

Lot Features

Dedicated Beach
Yes
Near Beach Access
Yes
Within 1/2 Mile to Water
Yes

Lot Access

Comm/Own/Maint
Yes

Parking Features

Driveway
Yes

Mstr Bath / Mstr Bdrm

MBath Double Vanity
Yes
MBath Garden Tub
Yes
MBath Separate Shwr
Yes
MBed Balcony
Yes

Association Amenities

BBQ Pit/Grill
Yes
Beach
Yes
Boardwalk
Yes
Exercise Room
Yes
Game Room
Yes
Picnic Area
Yes
Playground
Yes
Pool
Yes
Retail Shops
Yes
Tennis
Yes
Dining
Yes
Recreation Facilities
Yes
Sidewalks
Yes

Rooms

Bedroom
Yes
Dining Room
Yes
Kitchen
Yes
Living Room
Yes
Master Bedroom
Yes

Utilities

Cable – Available
Yes
Public Sewer – Connected
Yes
Public Water – Connected
Yes
Underground Utilities
Yes

Waterview

Gulf
Yes

Master Bedroom

Second
Yes

Bedroom

First
Yes

Cooling

Central Air
Yes
Electric
Yes
Multi Units
Yes

Heating

Central
Yes
Electric
Yes

Security Features

Key Card Entry
Yes
Smoke Detector(s)
Yes

Property Features

Appliances: Cooktop – Gas; Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Washer Master Bedroom: Second Bedroom: First Cooling: Central Air; Electric; Multi Units Heating: Central; Electric Exterior: Balcony; Fire Pit; Hurricane Shutters; Porch Covered; Porch Open Association Fees Include: Accounting; Advertising; BBQ Pit/Grill; Beach; Exercise Room; Legal; Ground Keeping; Management; Picnic Area; Playground; Pool; Tennis Financing: Cash; Conventional; FHA; VA Furnished: Furnished Kitchen: First Living Room: First Lot Features: Dedicated Beach; Near Beach Access; Within 1/2 Mile to Water Lot Access: Comm/Own/Maint Dining Room: First Pool Features: Inground Security Features: Key Card Entry; Smoke Detector(s) Parking Features: Driveway Association Amenities: BBQ Pit/Grill; Beach; Boardwalk; Dining; Exercise Room; Game Room; Picnic Area; Playground; Pool; Recreation Facilities; Retail Shops; Sidewalks; Tennis Rooms: Bedroom; Dining Room; Kitchen; Living Room; Master Bedroom Utilities: Cable – Available; Public Sewer – Connected; Public Water – Connected; Underground Utilities Waterview: Gulf

Room Information

Room Name Level Dimensions Length Width
Dining Room First 17 x 13 17.00 13.00
Kitchen First 18 x 14 18.00 14.00
Living Room First 26 x 14 26.00 14.00
Master Bedroom Second 17 x 15 17.00 15.00
Bedroom First 15 x 12 15.00 12.00
Listing Office: Think Real Estate
Last Updated: April – 14 – 2026
Information deemed reliable but not guaranteed.