Imagine owning a WaterColor estate that practically manages itself. This five-bedroom, five-and-a-half-bath corner residence delivers exceptional coastal living with strong rental performance. With $351,366 in 2025 gross revenue and projections of $361,250 in 2026, the property effortlessly balances lifestyle and income potential, making it perfect for savvy investors or families seeking a turn-key beach retreat. Set just steps from the beach club, town center, and Gulf waters, the home offers over 1,200 square feet of wraparound porches, private pool, cabana, and serene lake views, ideal for morning coffee or sunset gatherings. Inside, light-filled living spaces showcase pine hardwood floors, high ceilings, and refined Southern craftsmanship, blending elegance with casual comfort.
The chef's kitchen, guest suites, and primary suite with spa-like bath provide both functionality and indulgence, while a detached carriage house adds extra flexibility for guests or rental use. Fully furnished and ready to go, the residence ensures owners can enjoy the WaterColor lifestyle immediately while capitalizing on the property's proven rental demand.
With exclusive access to resort-style amenities, including pools, tennis, a fitness center, and Camp WaterColor, this home anchors the ultimate coastal experience while providing tangible financial value.
Sold for $4,075,000
$4,075,000
265 Western Lake Dr, Santa Rosa Beach, FL 32459
5beds
2,821sqft
Single Family Residence
Built in 2006
7,405.2 Square Feet Lot
$4,074,500 Zestimate®
$1,445/sqft
$5,901 Estimated rent
Home value
$4,074,500
$3.87M - $4.28M
$5,901/mo
Zestimate® history
Owner options
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$5,901/mo
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$5,901/mo
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$24,797/mo
Est. payment
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$24,797/mo
Est. payment
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List your homeWhat's special
Private poolFully furnishedSerene lake viewsFive-bedroom five-and-a-half-bath corner residenceGuest suitesHigh ceilingsDetached carriage house
Zillow last checked:
Listing updated:
Listed by:
Dahler & Co. dahlerandco@scenicsir.com,
Scenic Sotheby's International Realty
Bought with:
Christopher G Moore, 3493571
Stay on 30A Realty
Source: ECAOR,MLS#: 995896
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Primary bedroom
- Level: Second
- Area: 293.4 Square Feet
- Dimensions: 18 x 16.3
Bedroom
- Level: First
- Area: 225 Square Feet
- Dimensions: 15 x 15
Bedroom
- Level: Second
- Area: 154 Square Feet
- Dimensions: 14 x 11
Bedroom
- Level: Second
- Area: 154 Square Feet
- Dimensions: 14 x 11
Bedroom
- Level: Second
- Area: 180 Square Feet
- Dimensions: 15 x 12
Kitchen
- Level: First
- Area: 165 Square Feet
- Dimensions: 15 x 11
Other
- Level: First
- Area: 96 Square Feet
- Dimensions: 12 x 8
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Washer, Electric Water Heater
- Laundry: Washer/Dryer Hookup
Features
- Breakfast Bar, In-Law Floorplan, Kitchen Island, Pantry
- Flooring: Hardwood, Tile
- Windows: Plantation Shutters, Window Treatments
- Has fireplace: Yes
- Fireplace features: EPA Qualified Fireplace
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,821
- Total interior livable area: 2,821 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage - Attached
- Attached garage spaces: 1
Features
- Stories: 2
- Patio & porch: Porch
- Exterior features: Balcony, Private Yard, Outdoor Kitchen
- Pool features: In Ground
Lot
- Size: 7,405 sqft
- Dimensions: 74 x 100 x 46 x 100
- Features: Corner Lot, Covenants, Restrictions, Within 1/2 Mile to Water
Details
- Additional structures: Cabana, Guest House, Pavillion/Gazebo
- Parcel number: 153S19254010000010
- Zoning description: Deed Restrictions, Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Florida Cottage
- Property subtype: Single Family Residence
Condition
- Construction Complete
- New construction: No
- Year built: 2006
Utilities & green energy
- Water: Public
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: Beach, Dock, Fitness Center, Fishing, Picnic Area, Playground, Pool, Tennis Court(s)
Location
- Region: Santa Rosa Beach
- Subdivision: WATERCOLOR
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/25/2026 | Sold | $4,075,000-1.2%$1,445/sqft |
Source:  ECAOR #995896 Report a problem | ||
| 2/23/2026 | Pending sale | $4,125,000$1,462/sqft |
Source: ECAOR #995896 Report a problem | ||
| 2/20/2026 | Listed for sale | $4,125,000$1,462/sqft |
Source: ECAOR #995896 Report a problem | ||
| 1/8/2026 | Listing removed | $4,125,000$1,462/sqft |
Source: ECAOR #988101 Report a problem | ||
| 10/22/2025 | Listed for sale | $4,125,000+10.7%$1,462/sqft |
Source: ECAOR #988101 Report a problem | ||
| 11/14/2022 | Sold | $3,725,000-4.4%$1,320/sqft |
Source: ECAOR #899076 Report a problem | ||
| 10/11/2022 | Pending sale | $3,895,000$1,381/sqft |
Source: ECAOR #899076 Report a problem | ||
| 8/29/2022 | Price change | $3,895,000-2.5%$1,381/sqft |
Source: ECAOR #899076 Report a problem | ||
| 5/21/2022 | Listed for sale | $3,995,000+58.2%$1,416/sqft |
Source: ECAOR #899076 Report a problem | ||
| 9/21/2020 | Sold | $2,525,000-2.7%$895/sqft |
Source: Public Record Report a problem | ||
| 8/3/2020 | Pending sale | $2,595,000$920/sqft |
Source: Beach Properties of Florida #846098 Report a problem | ||
| 5/10/2020 | Listed for sale | $2,595,000+22.4%$920/sqft |
Source: Berkshire Hathaway Home Services Beach Properties of Florida #846098 Report a problem | ||
| 5/2/2018 | Sold | $2,120,000-3.4%$752/sqft |
Source: Public Record Report a problem | ||
| 3/25/2018 | Listed for sale | $2,195,000+15.5%$778/sqft |
Source: Homes On 30a Llc #794626 Report a problem | ||
| 8/10/2017 | Sold | $1,900,000-13.4%$674/sqft |
Source: Public Record Report a problem | ||
| 2/21/2017 | Price change | $2,195,000+10%$778/sqft |
Source: Homes on 30A LLC #762890 Report a problem | ||
| 10/20/2016 | Listed for sale | $1,995,000+19.1%$707/sqft |
Source: Homes on 30A LLC #762890 Report a problem | ||
| 8/16/2011 | Listing removed | $1,675,000$594/sqft |
Source: The Premier Property Group, LLC #560305 Report a problem | ||
| 7/7/2011 | Listed for sale | $1,675,000+141%$594/sqft |
Source: The Premier Property Group, LLC #560305 Report a problem | ||
| 5/7/2004 | Sold | $695,000+15.5%$246/sqft |
Source: Public Record Report a problem | ||
| 9/24/2003 | Sold | $601,500$213/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $26,551 +4.6% | $2,938,455 +5.7% |
| 2024 | $25,391 -0.1% | $2,779,713 -0.6% |
| 2023 | $25,414 +11% | $2,796,926 +27.2% |
| 2022 | $22,898 +18.3% | $2,199,235 +10% |
| 2021 | $19,353 -3.3% | $1,999,305 -0.2% |
| 2020 | $20,008 +2.8% | $2,004,299 +2.3% |
| 2019 | $19,462 +2.7% | $1,959,724 +3.1% |
| 2018 | $18,945 0% | $1,900,186 -2% |
| 2017 | $18,947 -1.4% | $1,938,898 +3.1% |
| 2016 | $19,217 +4.9% | $1,881,039 +4.9% |
| 2015 | $18,319 +5.5% | $1,793,547 +4.9% |
| 2014 | $17,371 | $1,710,047 +28.1% |
| 2013 | -- | $1,334,642 |
| 2012 | -- | $1,334,642 +0.3% |
| 2011 | -- | $1,331,201 +1% |
| 2010 | -- | $1,318,146 -22.4% |
| 2009 | -- | $1,699,123 -7.1% |
| 2008 | -- | $1,829,584 +9% |
| 2007 | -- | $1,678,205 +186.9% |
| 2005 | -- | $585,000 +34.5% |
| 2004 | -- | $435,000 |
Find assessor info on the county website
Neighborhood: 32459
Nearby schools
GreatSchools rating
- 10/10Bay Elementary SchoolGrades: K-5Distance: 4.4 mi
- 8/10Emerald Coast Middle SchoolGrades: 6-8Distance: 3 mi
- 8/10South Walton High SchoolGrades: 9-12Distance: 4.4 mi
Schools provided by the listing agent
- Elementary: Dune Lakes
- Middle: Emerald Coast
- High: South Walton
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Florida
- Walton County
- Santa Rosa Beach
- 32459
- 265 Western Lake Dr
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