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Sold for $2,400,000
    • $2,400,000

    5 Red Basil Dr, Santa Rosa Beach, FL 32459

    5beds
    2,749sqft
    Single Family Residence
    Built in 2013
    4,356 Square Feet Lot
    $2,400,100 Zestimate®
    $873/sqft
    $5,255 Estimated rent

    Home value

    $2,400,100

    $2.28M - $2.52M

    $5,255/mo

    Zestimate® history
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    What's special

    Upper balconyLarge island with seatingHigh ceilingsDouble-queen roomSpa-style bathOpen light-filled floor planCovered front porch
    Welcome to 'Stay Salty', a beautifully updated five-bedroom, four-and-a-half-bath home located on a highly sought-after corner lot in the WaterColor community. Professionally designed by Three Dog Design and sold fully furnished with a four-person golf cart, this property comfortably sleeps 12 and has been extensively upgraded throughout. A true turnkey opportunity for luxury living or high-performing short-term rental ownership. The open, light-filled floor plan features high ceilings and coastal-inspired interiors. The spacious living and dining areas flow into a custom kitchen with quartz countertops, stainless steel appliances, and a large island with seating. The main-level primary suite offers a spa-style bath, while upstairs includes additional king and queen suites, a double-queen room, a twin bunk nook, and a secondary living area with a private balcony. Outdoor spaces include a screened patio with grill, covered front porch, upper balcony, and expansive side deck surrounded by mature landscaping. The home includes a garage suitable for the golf cart or a small vehicle, plus driveway parking for two vehicles. Rental performance is exceptional, producing $130,508.05 in 2024, $158,259.47 for 2025, and $210,143 for 2026 (all gross revenue numbers) with new reservations coming in daily and lots of owner use! Over 65 five-star reviews across all OTA's and a 12% repeat guest rate year-to-date highlight its proven appeal. Owners and guests enjoy full access to WaterColor's top-tier amenities including resort-style pools, tennis and pickleball courts, trails, parks, and the private WaterColor Beach Club. Just minutes from Seaside, 30A dining, and the Gulf, this corner-lot home combines design, comfort, and strong investment potential in one of 30A's most desirable neighborhoods.

    Zillow last checked:

    Listing updated:

    Listed by:

    Alexandra P Chaney 850-855-9501,

    Rising Star Real Estate Inc

    Bought with:

    Ogle Luxury Group

    EXP Realty LLC

    Source: ECAOR,MLS#: 1008482MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: First
    • Area: 156 Square Feet
    • Dimensions: 13 x 12
    Primary bedroom
    • Level: Second
    • Area: 221 Square Feet
    • Dimensions: 17 x 13
    Bedroom
    • Level: Second
    • Area: 156 Square Feet
    • Dimensions: 13 x 12
    Bedroom
    • Level: Second
    • Area: 192 Square Feet
    • Dimensions: 16 x 12
    Bonus room
    • Level: Second
    • Area: 169 Square Feet
    • Dimensions: 13 x 13
    Dining area
    • Level: First
    • Area: 130 Square Feet
    • Dimensions: 13 x 10
    Garage
    • Level: First
    • Area: 132 Square Feet
    • Dimensions: 12 x 11
    Kitchen
    • Level: First
    • Area: 154 Square Feet
    • Dimensions: 14 x 11
    Living room
    • Level: First
    • Area: 374 Square Feet
    • Dimensions: 22 x 17
    Heating
    • Central, Natural Gas
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Range Hood, Washer, Gas Water Heater, Tankless Water Heater
    • Laundry: Washer/Dryer Hookup
    Features
    • Breakfast Bar, Crown Molding, Vaulted Ceiling(s), Kitchen Island, Recessed Lighting, Pantry, Upgraded Media Wing, Walls Wainscoting, Woodwork Painted
    • Flooring: Hardwood, Tile
    • Windows: Window Treatments
    • Furnished: Yes
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,749
    • Total interior livable area: 2,749 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage Door Opener, Golf Cart Garage
    • Garage spaces: 1
    Features
    • Stories: 2
    • Patio & porch: Deck, Screened
    • Exterior features: Outdoor Shower, Sprinkler System, Separate Living Area
    • On waterfront: Yes
    Lot
    • Size: 4,356 Square Feet
    • Dimensions: 45 x 106 x 32 x 107
    • Features: Corner Lot, Covenants, Irregular Lot
    Details
    • Parcel number: 143S19254040000940
    • Zoning description: Resid Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Beach House
    • Property subtype: Single Family Residence
    Materials
    • Frame, Siding CmntFbrHrdBrd
    • Foundation: Slab
    • Roof: Metal,Roof Pitched
    Condition
    • Construction Complete
    • New construction: No
    • Year built: 2013

    Utilities & green energy

    • Water: Public
    Green energy
    • Energy efficient items: Doors

    Community & HOA

    Community
    • Features: BBQ Pit/Grill, Beach, Deed Access, Dock, Fitness Center, Golf, Pavillion/Gazebo, Picnic Area, Playground, Pool, TV Cable, Tennis Court(s), Waterfront
    • Security: Smoke Detector(s)
    • Subdivision: WATERCOLOR
    HOA
    • Has HOA: Yes
    • Services included: Land Recreation, Recreational Faclty, Security, Cable TV, Trash, Internet
    Location
    • Region: Santa Rosa Beach

    Financial & listing details

    • Price per square foot: $873/sqft
    • Tax assessed value: $1,809,523
    • Annual tax amount: $16,806
    • Date on market: 7/25/2026

    Price history

    DateEventPrice
    9/16/2026Sold$2,400,000-4%$873/sqft
    Source: ECAOR #1008482 Report a problem
    8/21/2026Pending sale$2,500,000$909/sqft
    Source: ECAOR #1008482 Report a problem
    7/25/2026Listed for sale$2,500,000-2%$909/sqft
    Source: ECAOR #1008482 Report a problem
    11/10/2025Listing removed$2,550,000$928/sqft
    Source: ECAOR #988802 Report a problem
    11/1/2025Listed for sale$2,550,000+14.6%$928/sqft
    Source: ECAOR #988802 Report a problem
    8/7/2023Sold$2,225,000-3.3%$809/sqft
    Source: Public Record Report a problem
    6/25/2023Pending sale$2,300,000$837/sqft
    Source: ECAOR #905317 Report a problem
    6/25/2023Listed for sale$2,300,000$837/sqft
    Source: ECAOR #905317 Report a problem
    3/21/2023Listing removed--
    Source: ECAOR #905317 Report a problem
    3/12/2023Pending sale$2,300,000$837/sqft
    Source: ECAOR #905317 Report a problem
    1/21/2023Price change$2,300,000-6.1%$837/sqft
    Source: ECAOR #905317 Report a problem
    12/11/2022Price change$2,450,000-5.8%$891/sqft
    Source: ECAOR #905317 Report a problem
    10/26/2022Price change$2,600,000-8.8%$946/sqft
    Source: ECAOR #905317 Report a problem
    10/12/2022Price change$2,850,000-3.4%$1,037/sqft
    Source: ECAOR #905317 Report a problem
    9/9/2022Price change$2,950,000-9.2%$1,073/sqft
    Source: ECAOR #905317 Report a problem
    8/5/2022Listed for sale$3,250,000+160%$1,182/sqft
    Source: ECAOR #905317 Report a problem
    8/21/2020Sold$1,250,000+98.2%$455/sqft
    Source: ECAOR #854006 Report a problem
    4/30/2013Sold$630,600+385.1%$229/sqft
    Source: Public Record Report a problem
    9/27/2012Sold$130,000$47/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$16,350 -2.7%$1,809,523 -1.7%
    2024$16,806 +23.5%$1,839,919 +53.8%
    2023$13,609 +12.2%$1,196,664 +10%
    2022$12,134 +26.7%$1,087,876 +10%
    2021$9,573 +14.4%$988,978 +18%
    2020$8,366 +4.1%$838,031 +4%
    2019$8,039 $806,090 +2.8%
    2018$8,039 +6.2%$784,373 +17.7%
    2017$7,568 +14.6%$666,190 +2.6%
    2016$6,603 +1.6%$649,297 +4.2%
    2015$6,497 +2.6%$623,227 +9.9%
    2014$6,335 $566,897 +449.1%
    2013-- $103,241 +15%
    2012-- $89,775 +19.7%
    2011-- $75,000
    2010-- $75,000 -7.4%
    2009-- $81,000 -44.1%
    2008-- $145,000 -43.1%
    2007-- $255,000
    Find assessor info on the county website

    Neighborhood: 32459

    Nearby homes

    Nearby schools

    GreatSchools rating
    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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    With Zillow Showcase(estimated)
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