146 Silver Laurel Way, Santa Rosa Beach, FL 32459
What's special
Rare Elevated Gulf-View Residence in WaterColor Set just two blocks from the beach on a quiet, coveted WaterColor street, this exceptional 5BR/5.5BA residence offers a rare combination of elevated Gulf views, refined design, and exceptional outdoor living. Positioned on one of the community's highest points, the home's rooftop deck captures panoramic views of the Gulf and Seaside--an extraordinary backdrop for sunset entertaining or quiet mornings above 30A. Expansive porches and multiple outdoor spaces embrace the WaterColor lifestyle, including a private deck with fire pit and grill. Inside, professionally designed interiors create a sophisticated yet inviting retreat, offered furnished with exclusions. The chef's kitchen is appointed with Sub-Zero and Wolf appliances, an oversized island, and Smallbone cabinetry. Recent upgrades include electrical, HVAC, decking, lighting, and additional improvements throughout. Beyond its exceptional lifestyle appeal, the residence offers a compelling investment profile, with historical rental income averaging approximately $175,000-$200,000 annually. Buyer to verify all rental and financial information. A rare opportunity to own a distinguished WaterColor residence where elevation, Gulf views, beach proximity, design, and income potential converge.
- 42 days
- 666
- 14
Likely to sell faster than
Travel times
Living Room
Kitchen
Primary Bedroom
Zillow last checked:
Listing updated:
Matthew Wright 850-227-8276,
Think Real Estate
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Primary bedroom
- Level: Second
- Area: 255 Square Feet
- Dimensions: 17 x 15
Bedroom
- Level: First
- Area: 180 Square Feet
- Dimensions: 15 x 12
Bedroom
- Level: Second
- Area: 180 Square Feet
- Dimensions: 15 x 12
Dining area
- Level: First
- Area: 221 Square Feet
- Dimensions: 17 x 13
Kitchen
- Level: First
- Area: 252 Square Feet
- Dimensions: 18 x 14
Living room
- Level: First
- Area: 364 Square Feet
- Dimensions: 26 x 14
Media room
- Level: Second
- Area: 135 Square Feet
- Dimensions: 15 x 9
Cooling
- Gas, Ceiling Fan(s)
Appliances
- Included: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Washer, Electric Water Heater
- Laundry: Washer/Dryer Hookup
Features
- Breakfast Bar, Bookcases, Recessed Lighting, Newly Painted, Owner's Closet, Pantry, Split Bedroom, Wet Bar
- Flooring: Hardwood, Tile
- Windows: Window Treatments
- Furnished: Yes
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,972
- Total interior livable area: 3,972 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached Carport, Covered
- Carport spaces: 2
Features
- Stories: 3
- Patio & porch: Patio, Porch
- Exterior features: Outdoor Shower, Sprinkler System
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
Lot
- Size: 4,791 Square Feet
- Dimensions: 50 x 100
- Features: Covenants, Restrictions, Within 1/2 Mile to Water
Details
- Parcel number: 153S19254030000140
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Trim Wood, Siding CmntFbrHrdBrd
- Foundation: Pillar/Post/Pier
- Roof: Metal
Condition
- Construction Complete
- New construction: No
- Year built: 2007
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: Beach, Community Room, Deed Access, Fitness Center, Fishing, Picnic Area, Playground, Pool, TV Cable, Tennis Court(s)
- Security: Security System, Smoke Detector(s)
- Subdivision: WATERCOLOR
HOA
- Has HOA: Yes
- Services included: Management, Recreational Faclty, Security
Location
- Region: Santa Rosa Beach
Financial & listing details
- Price per square foot: $1,128/sqft
- Tax assessed value: $3,756,810
- Annual tax amount: $33,945
- Date on market: 9/28/2026
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/29/2026 | Price change | $4,479,000-0.4%$1,128/sqft |
Source:  ECAOR #1012859 Report a problem | ||
| 9/15/2026 | Price change | $4,499,000-2.2%$1,133/sqft |
Source:  CPAR #787994 Report a problem | ||
| 4/7/2026 | Listed for sale | $4,599,000+21%$1,158/sqft |
Source: CPAR #787994 Report a problem | ||
| 7/30/2021 | Sold | $3,800,000-4.5%$957/sqft |
Source: ECAOR #869922 Report a problem | ||
| 7/1/2021 | Pending sale | $3,979,000$1,002/sqft |
Source: ECAOR #869922 Report a problem | ||
| 4/22/2021 | Listed for sale | $3,979,000+53.6%$1,002/sqft |
Source: ECAOR #869922 Report a problem | ||
| 1/3/2018 | Listing removed | $2,590,000$652/sqft |
Source: Coldwell Banker Carroll Realty #782999 Report a problem | ||
| 9/14/2017 | Listed for sale | $2,590,000+72.7%$652/sqft |
Source: Coldwell Banker Carroll Realty #782999 Report a problem | ||
| 4/7/2011 | Sold | $1,500,000-1.6%$378/sqft |
Source: Public Record Report a problem | ||
| 3/12/2011 | Listed for sale | $1,525,000+510%$384/sqft |
Source: Davis Properties of NW FL, Inc #553864 Report a problem | ||
| 8/3/2001 | Sold | $250,000$63/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 |
Monthly payment
Estimated market value
Not available
Estimated sales range
Not available
Not available
Climate risks
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