138 Red Cedar Way, Santa Rosa Beach, FL 32459 (MLS# 979766)

138 Red Cedar Way, Santa Rosa Beach, FL 32459

$3,550,000

Property Type: Residential Bedrooms: 5 Baths: 6 Square Footage: 4,090 Status: Sold

Current Price: $3,550,000 List Date: 6/27/2025 Last Modified: 11/12/2025

Overview

Description

Priced at almost 20% below the average square foot price of all listed homes in WaterColor, this home is waiting for buyers that fit many profiles. Never rented and owned by only two families it has been beautifully maintained and recently updated with interior painting, furnishings and an updated kitchen with top of the line appliances. With four king bedrooms and a six bed bunk room - all with ensuite baths, this home will sleep 14 with two additional flex rooms and a full bath. The home has primary suites on the first and second floors. It is situated steps from Camp Watercolor yet located overlooking peaceful views of natural landscape and sunset views from very generously sized porches. Sold fully furnished this home is move-in ready. Drawings for pool available.

Supplements: Two additional bonus rooms with access to a full bath allow more options. Located steps from Camp WaterColor, sunset views from huge porches and plans for a pool, this home has it all

Listing Details MLS# 979766

Status Change Info

Under Contract Date: 2025-10-06
Sold Date: 2025-11-11
Sold Price/SqFt: 867.97

Contract Info

List Price/SqFt: 892.42
Listing Board: Emerald Coast

Location Tax and Legal

Area: 18 - 30A East
Street #: 138
Street Name: Red Cedar
Street Suffix: Way
State: FL
Zip Code: 32459
County: Walton
Project Name/Subdivision: WATERCOLOR
Parcel ID: 15-3S-19-25415-000-0130

General Property Info

Sub-Type: Detached Single Family
Design: Traditional
Apx SqFt(Htd/Cooled): 4090
SqFt Source: Appraiser
Full Baths: 6
Total Bathrooms: 6
# Stories: 2
Year Built: 2005
Immediate Occupancy: Yes
Garage: No
Carport: No
Carport Spaces: 2
Driveway Spaces: 4
Pool: Yes
Pool Type: Community

Location, Tax and Legal

Sub Area: 1802 - S. of 98 W of Camp Creek
Elementary School: Dune Lakes
Middle School: Emerald Coast
High School: South Walton
Legal Description: LOT 13 EASTERN COVE AT WATER COLOR PB 15-24 OR 2437-679 OR 2502-785 OR 2785-2653 OR 2868- 4008

Listing Info, Tax & Legal

Who Paid Doc Stamps: Seller
Who Paid Title: Buyer
Homestead: No
Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 1510
Annual Assessment Amount: 6040
Assessment Paid: Quarterly
New Buyer Fee: Yes
New Buyer Fee Amt: 0.5
New Buyer Fee Paid: %
Brokerage Interest: No Interest
As Is: No

More Information

Remarks & Misc

Remarks: Priced at almost 20% below the average square foot price of all listed homes in WaterColor, this home is waiting for buyers that fit many profiles. Never rented and owned by only two families it has been beautifully maintained and recently updated with interior painting, furnishings and an updated kitchen with top of the line appliances. With four king bedrooms and a six bed bunk room - all with ensuite baths, this home will sleep 14 with two additional flex rooms and a full bath. The home has primary suites on the first and second floors. It is situated steps from Camp Watercolor yet located overlooking peaceful views of natural landscape and sunset views from very generously sized porches. Sold fully furnished this home is move-in ready. Drawings for pool available.

Construction Status

Construction Complete: Yes

Lot/Parcel Access

Paved Road: Yes
Private Road: Yes

Lot Features

Covenants: Yes
Restrictions: Yes
Survey Available: Yes

Project Facilities

Beach: Yes
Community Room: Yes
Exercise Room: Yes
Fishing: Yes
Picnic Area: Yes
Playground: Yes
Pool: Yes
Tennis: Yes
TV Cable: Yes
Waterfront: Yes

Construction/Siding

Frame: Yes
Roof Metal: Yes
Siding CmntFbrHrdBrd: Yes

Utilities

Electric: Yes
Gas - Natural: Yes
Phone: Yes
Public Sewer: Yes
Public Water: Yes
TV Cable: Yes

Zoning

Resid Single Family: Yes

Exterior

Balcony: Yes
Porch Screened: Yes

Interior

Breakfast Bar: Yes
Ceiling Beamed: Yes
Ceiling Vaulted: Yes
Fireplace 2+: Yes
Fireplace Gas: Yes
Floor Hardwood: Yes
Floor Tile: Yes
Furnished - All: Yes
Pantry: Yes
Split Bedroom: Yes
Washer/Dryer Hookup: Yes
Window Treatment All: Yes
Woodwork Painted: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Ice Machine: Yes
Microwave: Yes
Refrigerator: Yes
Security System: Yes
Smoke Detector: Yes
Stove/Oven Gas: Yes
Washer: Yes
Wine Refrigerator: Yes

Energy

AC - 2 or More: Yes
AC - Central Elect: Yes
Heat Cntrl Electric: Yes
Water Heater - Gas: Yes
Water Heater - Tnkls: Yes

Mstr Bdrm/Mstr Bath

MBath Double Vanity: Yes
MBath Separate Shwr: Yes
MBath Tile: Yes
MBath Walk-In Closet: Yes
MBath Whirlpool: Yes
MBed Balcony: Yes
MBed Fireplace: Yes

Master Bedroom

Second: Yes

Bedroom

First: Yes
Second: Yes

Kitchen

First: Yes

Living Room

First: Yes

Rooms

Bedroom: Yes
Bunk Room: Yes
Dining Area: Yes
Kitchen: Yes
Living Room: Yes
Master Bedroom: Yes

Fees Include

Accounting: Yes
Ground Keeping: Yes
Internet Service: Yes
Legal: Yes
Licenses/Permits: Yes
Management: Yes
Repairs/Maintenance: Yes
Security: Yes
Trash: Yes
TV Cable: Yes

Property Features

Construction Status: Construction Complete Lot Features: Covenants; Restrictions; Survey Available Zoning: Resid Single Family Project Facilities: Beach; Community Room; Exercise Room; Fishing; Picnic Area; Playground; Pool; Tennis; TV Cable; Waterfront Exterior: Balcony; Porch Screened Interior: Breakfast Bar; Ceiling Beamed; Ceiling Vaulted; Fireplace 2+; Fireplace Gas; Floor Hardwood; Floor Tile; Furnished - All; Pantry; Split Bedroom; Washer/Dryer Hookup; Window Treatment All; Woodwork Painted Appliances: Dishwasher; Disposal; Dryer; Ice Machine; Microwave; Refrigerator; Security System; Smoke Detector; Stove/Oven Gas; Washer; Wine Refrigerator Utilities: Electric; Gas - Natural; Phone; Public Sewer; Public Water; TV Cable Energy: AC - 2 or More; AC - Central Elect; Heat Cntrl Electric; Water Heater - Gas; Water Heater - Tnkls Master Bedroom: Second Bedroom: First; Second Kitchen: First Living Room: First Rooms: Bedroom; Bunk Room; Dining Area; Kitchen; Living Room; Master Bedroom Fees Include: Accounting; Ground Keeping; Internet Service; Legal; Licenses/Permits; Management; Repairs/Maintenance; Security; Trash; TV Cable

Room Information

Room Name	Level	Dimensions	Length	Width	Remarks
Living Room	First	15 x 19	15.00	19.00	Living/Dining
Dining Area	First	13 x 13	13.00	13.00
Kitchen	First	18 x 13	18.00	13.00
Bedroom	First	11 x 13	11.00	13.00
Bunk Room	First	15 x 12	15.00	12.00
Master Bedroom	Second	15 x 14.5	15.00	14.50
Bedroom	Second	10.5 x 11.5	10.50	11.50
Bedroom	Second	12.75 x 12.5	12.75	12.50

Documents

Flood Disclosure ›

Survey ›

Rental Projection - Royal Destinations ›

Listing Office: Scenic Sotheby's International Realty

Last Updated: November - 12 - 2025

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.