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For sale
    • Price cut: $100K (9/15)
    $4,499,000

    146 Silver Laurel Way, Santa Rosa Beach, FL 32459

    5beds
    3,972sqft
    : 
    $30,269/mo
    Get pre-qualified
    Single Family Residence
    Built in 2007
    5,227 Square Feet Lot
    $4,205,200 Zestimate®
    $1,133/sqft
    $613/mo HOA

    What's special

    Oversized island with seatingNew hvac unitNew electrical throughoutNew deckingNew window treatmentsExpansive porchesRare elevated gulf views
    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.
    170 days
    530
    16

    Zillow last checked:

    Listing updated:

    Listed by:

    Matt W Wright 850-227-8276,

    Think Real Estate

    Source: CPAR,MLS#: 787994MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 6
      • Full bathrooms: 5
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Bedroom, Dining Room, Kitchen, Living Room, Primary Bedroom
      Primary bedroom
      • Level: Second
      • Dimensions: 17 x 15
      Bedroom
      • Level: First
      • Dimensions: 15 x 12
      Dining room
      • Level: First
      • Dimensions: 17 x 13
      Kitchen
      • Level: First
      • Dimensions: 18 x 14
      Living room
      • Level: First
      • Dimensions: 26 x 14
      Heating
      • Central, Electric
      Cooling
      • Central Air, Multi Units
      Appliances
      • Included: Gas Cooktop
      Features
      • Balcony, Double Vanity, Soaking Tub, Separate Shower, Upper Level Primary
      Interior area
      • Total structure area: 3,972
      • Total interior livable area: 3,972 sqft

      Property

      Parking
      • Total spaces: 2
      • Covered spaces: 2
      Features
      • Levels: Three Or More
      • Stories: 3
      • Patio & porch: Balcony, Covered, Open, Porch
      • Exterior features: Fire Pit
      • Pool features: In Ground, Community
      • Has view: Yes
      • View description: Gulf
      • Has water view: Yes
      • Water view: Gulf
      Lot
      • Size: 5,227 Square Feet
      • Dimensions: 50 x 100
      Details
      • Parcel number: 153S19254030000140

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Florida
      • Property subtype: Single Family Residence
      Materials
      • Other
      • Foundation: Pillar/Post/Pier
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 2007

      Utilities & green energy

      • Sewer: Public Sewer
      • Utilities for property: Electricity Available, Underground Utilities

      Community & HOA

      Community
      • Features: Barbecue, Beach, Fitness Center, Game Room, Playground, Park, Pool, Shopping, Tennis Court(s), Community Pool, Short Term Rental Allowed
      • Security: Key Card Entry, Smoke Detector(s)
      • Subdivision: Watercolor
      HOA
      • Has HOA: Yes
      • Amenities included: Beach Rights, Barbecue, Picnic Area
      • Services included: Association Management, Fitness Facility, Legal/Accounting, Maintenance Grounds, Playground, Pool(s), Tennis Courts
      • HOA fee: $1,840 quarterly
      Location
      • Region: Santa Rosa Beach

      Financial & listing details

      • Price per square foot: $1,133/sqft
      • Tax assessed value: $3,756,810
      • Annual tax amount: $33,945
      • Date on market: 4/7/2026
      • Cumulative days on market: 171 days
      • Electric utility on property: Yes

        Estimated market value

        $4,205,200

        $3.99M - $4.42M

        Not available

        Price history

        DateEventPrice
        9/15/2026Price change$4,499,000-2.2%$1,133/sqft
        Source: CPAR #787994 Report a problem
        4/7/2026Listed for sale$4,599,000+21%$1,158/sqft
        Source: CPAR #787994 Report a problem
        7/30/2021Sold$3,800,000-4.5%$957/sqft
        Source: ECAOR #869922 Report a problem
        7/1/2021Pending sale$3,979,000$1,002/sqft
        Source: ECAOR #869922 Report a problem
        4/22/2021Listed for sale$3,979,000+53.6%$1,002/sqft
        Source: ECAOR #869922 Report a problem
        1/3/2018Listing removed$2,590,000$652/sqft
        Source: Coldwell Banker Carroll Realty #782999 Report a problem
        9/14/2017Listed for sale$2,590,000+72.7%$652/sqft
        Source: Coldwell Banker Carroll Realty #782999 Report a problem
        4/7/2011Sold$1,500,000-1.6%$378/sqft
        Source: Public Record Report a problem
        3/12/2011Listed for sale$1,525,000+510%$384/sqft
        Source: Davis Properties of NW FL, Inc #553864 Report a problem
        8/3/2001Sold$250,000$63/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$33,945 +1.8%$3,756,810 +6.5%
        2024$33,357 +4.9%$3,526,702 +10%
        2023$31,785 +17.7%$3,206,093 +10%
        2022$27,011 +48.8%$2,914,630 +55.4%
        2021$18,151 +1.6%$1,875,125 +4.8%
        2020$17,858 +3.6%$1,788,965 +3.1%
        2019$17,234 $1,735,409 +2.1%
        2018$17,234 +1.6%$1,700,469 +2.1%
        2017$16,956 +2.7%$1,666,236 +2%
        2016$16,515 +1.1%$1,633,125 +4.5%
        2015$16,342 +2.9%$1,562,819 +6%
        2014$15,886 $1,474,171 +8.9%
        2013-- $1,354,171
        2012-- $1,354,171 -2%
        2011-- $1,381,266 -1.9%
        2010-- $1,408,577 -21%
        2009-- $1,784,097 -5.3%
        2008-- $1,884,607 +269.5%
        2007-- $510,000 +7.4%
        2005-- $475,000 +128.5%
        2004-- $207,900
        2003-- $207,900 +4%
        2002-- $200,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 32459

        Getting around

        54 / 100
        Somewhat Walkable
        66 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Dune Lakes
        • Middle: Emerald Coast
        • High: South Walton

        Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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