265 Western Lake Drive
Santa Rosa Beach, FL 32459
About
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.
Property
Beds
5
Full Baths
5
1/2 Baths
1
Year Built
2006
Sq.Footage
N/A
Features
Features & Amenities
Interior
-
Other Interior Features
Breakfast Bar, In-Law Floorplan, Kitchen Island, Pantry
-
Total Bedrooms
5
-
Bathrooms
5
-
1/2 Bathrooms
1
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Fireplace YN
YES
-
Pet friendly
Yes
Exterior
-
Garage
Yes
-
Garage spaces
1
-
Other Exterior Features
Balcony, Private Yard, Outdoor Kitchen
-
Patio and Porch Features
Porch
-
Pool
Yes
-
Pool Features
In Ground, Private
Area & Lot
-
Lot Features
Corner Lot
-
Lot Size(acres)
0.17
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Florida Cottage
Price
-
Sales Price
$4,125,000
-
Tax Amount
$26,019.99
-
Zoning
Deed Restrictions, Resid Single Family
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
YES
-
Association Fee Frequency
N/A
-
Association Fee Includes
N/A
School District
-
Elementary School
Dune Lakes
-
Middle School
Emerald Coast
-
High School
South Walton
Property Features
-
New Construction
NO
-
Sewer
Public Sewer
-
Water Source
Public
Schedule
Schedule a Showing
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Location
-
County
Walton
-
Elementary School
Dune Lakes
-
Middle School
Emerald Coast
-
High School
South Walton
Listing Courtesy of Dahler & Co. , Scenic Sotheby's International Realty
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EXP LUXURY GROUP 30A
30A Luxury Group
Call EXP LUXURY today to schedule a private showing.
Phone (850) 687-1064
Email Info@search30a.com
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