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For sale
    • $4,489,000

    514 E Royal Fern Way, Santa Rosa Beach, FL 32459

    5beds
    4,263sqft
    : 
    $27,818/mo
    Get pre-qualified
    Single Family Residence
    Built in 2015
    9,583 Square Feet Lot
    $-- Zestimate®
    $1,053/sqft
    $-- HOA

    What's special

    One-of-a-kind finishes throughoutOpen-concept design
    This five bedroom custom-built coastal compound does more than welcome you home -- it creates a legacy. This home was custom designed by Romair Development Group and its one-of-a-kind finishes throughout make it one of the standouts in all of Watercolor! An indoor fireplace centers the great room with warmth and style, while the open-concept design leads to a dream kitchen with Sub-Zero appliances and an inviting dining area made for weekend gatherings. Three luxury primary suites offer guests resort-style comfort and privacy, while a seperate bunk room gives children a fun and inviting space of their own. An enclosed office with cascading natural light creates a private retreat for work, study, or quiet focus. The home blends sophisticated technology with effortless comfort, featuring a Control4 smart home system and automated lighting throughout. Just beyond the doors, the outdoor living takes center stage! A shimmering, heated pool invites long afternoons in the sun, while a private cabana, fireplace, and television set the scene for relaxed evenings year-round. The outdoor living goes beyond again with an extraordinary kitchen that sets the stage for year-round entertaining, while spacious porches surround the home with large-screen TVs, swing beds, and beautifully designed areas for relaxing and gathering. Behind the home, a protected nature preserve wraps the property in peaceful quietude and delivers a rare sense of privacy. Offered fully furnished, this extraordinary residence delivers a rare opportunity to own in WaterColor, one of 30A's most desirable communities. Don't miss the chance to make it yours.
    43 days
    |
    516
    |
    22
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Diana Kish 850-685-0944,

    Berkshire Hathaway HomeServices

    Source: ECAOR,MLS#: 1006733MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 6
      • Full bathrooms: 5
      • 1/2 bathrooms: 1
      Primary bedroom
      • Level: Second
      • Area: 360 Square Feet
      • Dimensions: 20 x 18
      Bedroom
      • Level: First
      • Area: 170 Square Feet
      • Dimensions: 17 x 10
      Bedroom
      • Level: Second
      • Area: 208 Square Feet
      • Dimensions: 13 x 16
      Primary bathroom
      • Level: Second
      • Area: 152 Square Feet
      • Dimensions: 19 x 8
      Dining room
      • Level: First
      • Area: 180 Square Feet
      • Dimensions: 18 x 10
      Foyer
      • Level: First
      • Area: 168 Square Feet
      • Dimensions: 14 x 12
      Great room
      • Level: First
      • Area: 160 Square Feet
      • Dimensions: 16 x 10
      Office
      • Level: First
      • Area: 144 Square Feet
      • Dimensions: 16 x 9
      Utility room
      • Level: First
      • Area: 64 Square Feet
      • Dimensions: 8 x 8
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Cooktop, Dishwasher, Disposal, Freezer, Microwave
      Features
      • Flooring: Hardwood
      • Has fireplace: Yes
      • Fireplace features: EPA Qualified Fireplace
      • Furnished: Yes
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 4,263
      • Total interior livable area: 4,263 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached, Garage
      • Garage spaces: 2
      Features
      • Stories: 2
      • Patio & porch: Deck, Screened
      • Exterior features: Outdoor Grill, Outdoor Kitchen
      • Pool features: In Ground
      • Has spa: Yes
      • Spa features: Heated
      Lot
      • Size: 9,583 Square Feet
      Details
      • Additional structures: Cabana
      • Parcel number: 143S19254030000390
      • Zoning description: Resid Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Beach House
      • Property subtype: Single Family Residence
      Condition
      • Construction Complete
      • New construction: No
      • Year built: 2015

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Features: Beach, Pool, Tennis Court(s), Pickleball
      • Security: Smoke Detector(s)
      • Subdivision: WATERCOLOR
      Location
      • Region: Santa Rosa Beach

      Financial & listing details

      • Price per square foot: $1,053/sqft
      • Tax assessed value: $3,461,468
      • Annual tax amount: $16,803
      • Date on market: 7/2/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/2/2026Listed for sale$4,489,000+1051%$1,053/sqft
        Source: ECAOR #1006733 Report a problem
        7/24/2014Sold$390,000+73.3%$91/sqft
        Source: Public Record Report a problem
        4/18/2013Sold$225,000$53/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$16,803 +1.8%$1,898,227 +2.9%
        2024$16,501 +3.6%$1,844,730 +3%
        2023$15,926 +1%$1,791,000 +3%
        2022$15,761 -1.4%$1,738,835 +3%
        2021$15,977 -1.7%$1,688,189 +1.4%
        2020$16,247 +2.9%$1,664,881 +2.3%
        2019$15,791 $1,627,450 +1.9%
        2018$15,791 +1.5%$1,597,105 +18.5%
        2017$15,553 +16.4%$1,347,950 +4.2%
        2016$13,360 +3.5%$1,294,203 +294.9%
        2015$12,913 +287.6%$327,750 +41.9%
        2014$3,332 $231,000 +78%
        2013-- $129,800 +54.5%
        2012-- $84,000 +29.2%
        2011-- $65,000 +24.9%
        2010-- $52,062 -65%
        2009-- $148,750 -40.5%
        2008-- $250,000 -25.4%
        2007-- $335,000 +470.4%
        2005-- $58,728
        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.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 32459

        Getting around

        6 / 100
        Car-Dependent
        31 / 100
        Somewhat Bikeable

        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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        A local lender can help you make sure your offer is ready when you are.

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