146 Silver Laurel Way, Santa Rosa Beach, FL 32459 (MLS# 787994)

List Price/SqFt: 1157.85

Status: Active

List Date: 2026-04-01

List Price: $4,599,000

Current Price: $4,599,000

Sub Area: 1205 - Walton - Seaside

Community/Resort: None

Waterfront: No

Elementary School: Dune Lakes

Middle School: Emerald Coast

High School: South Walton

Directions: From the Town Center of Watercolor, travel East on 30A to Mystic Cobalt. Turn left onto Mystic Cobalt and right on Silver Laurel Way. House will be on the right.

Area: 12 - Walton County

Street #: 146

Street Name: Silver Laurel

Street Suffix: Way

State: FL

Zip Code: 32459

County: Walton

Subdivision: Watercolor

Parcel ID: 15-3S-19-25403-000-0140

Legal Description: LOT 14 RAINBOW ROW AT WATER COLOR PB 14-31 OR 2342-457 OR 2776-819 OR 2860-1146 OR 2863-1698 OR 3209-3721

Acreage: 0.12

Design: Florida Cottage

Lot Size (SqFt): 5009

Apx SqFt(Htd/Cooled): 3972

Construction Status: Construction Complete

SqFt Source: An Appraiser

Half Baths: 1

# of Stories in Building: 3

Lot Dimensions: 50x100

New Construction: No

Garage Y/N: No

Covered Spaces: 2

Driveway Spaces: 2

Pool: Yes

Pool Type: Community

Sub-Type: Detached Single Family

Bedrooms: 5

Full Baths: 5

Total Baths: 6

Year Built: 2007

HOA Fee: Yes

HOA Amount: 1840

HOA Frequency: Quarterly

HOA Annual Amount: 7360

New Buyer Fee: Yes

New Buyer Fee Amt: 0.5

New Buyer Fee Paid: %

Last Taxes: 33945

Last Tax Year: 2025

Brokerage Interest: No Interest

Remarks: 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.

First: 1

Inground: 1

Cooktop - Gas: 1

Dishwasher: 1

Disposal: 1

Dryer: 1

Microwave: 1

Refrigerator: 1

Washer: 1

Breakfast Bar: 1

Lighting - Recessed: 1

Security System: 1

Wet Bar: 1

Foundation - On Piling: 1

Roof - Metal: 1

Siding - Other: 1

Trim - Wood: 1

Balcony: 1

Fire Pit: 1

Hurricane Shutters: 1

Porch Covered: 1

Porch Open: 1

Accounting: 1

Advertising: 1

BBQ Pit/Grill: 1

Beach: 1

Exercise Room: 1

Ground Keeping: 1

Legal: 1

Management: 1

Picnic Area: 1

Playground: 1

Pool: 1

Tennis: 1

Cash: 1

Conventional: 1

FHA: 1

VA: 1

Furnished: 1

First: 1

First: 1

Dedicated Beach: 1

Near Beach Access: 1

Within 1/2 Mile to Water: 1

Comm/Own/Maint: 1

Driveway: 1

MBath Double Vanity: 1

MBath Garden Tub: 1

MBath Separate Shwr: 1

MBed Balcony: 1

BBQ Pit/Grill: 1

Beach: 1

Boardwalk: 1

Exercise Room: 1

Game Room: 1

Picnic Area: 1

Playground: 1

Pool: 1

Retail Shops: 1

Tennis: 1

Dining: 1

Recreation Facilities: 1

Sidewalks: 1

Bedroom: 1

Dining Room: 1

Kitchen: 1

Living Room: 1

Master Bedroom: 1

Cable - Available: 1

Public Sewer - Connected: 1

Public Water - Connected: 1

Underground Utilities: 1

Gulf: 1

Second: 1

First: 1

Central Air: 1

Electric: 1

Multi Units: 1

Central: 1

Electric: 1

Key Card Entry: 1

Smoke Detector(s): 1