One of the most popular communities provided by {{page_data.agentName}}

WaterColor

One of the most popular communities provided by Noah Escobar

WaterColor

About WaterColor

WaterColor runs along Scenic Highway 30A in Santa Rosa Beach, sitting between Grayton Beach State Park and Seaside, with Western Lake, South Walton's largest coastal dune lake, threading through it. It is a 500-acre St. Joe community, and it plays a different role than Origins or Camp Creek. This is the established, amenity-heavy, design-controlled heart of 30A, and it is one of the strongest vacation-rental markets on the entire coast. If you want a home that earns its keep when you are not in it, WaterColor is usually the conversation. 

Why buyers choose WaterColor 

  • Gulf-front Beach Club. The Beach Club is WaterColor's crown amenity and, by the community's own billing, the only beachfront clubhouse pool on 30A open to rental guests. Three pools, upper and lower decks, dining, and towel service right on the sand. For owners who rent, it is a major booking driver.
  • The most pool access on 30A. Beyond the Beach Club, you get Camp WaterColor with its lazy river, slide, and playground, plus the Frog, Dragonfly, and Marina pools spread across the districts. Very few communities anywhere can match it for families.
  • A serious tennis and pickleball program. The WaterColor Tennis Center runs five Har-Tru clay courts and two pickleball courts with a pro shop and lessons. It is a genuine draw, not an afterthought court tucked behind a clubhouse.
  • Western Lake and the BoatHouse. Paddleboard and kayak access on a rare coastal dune lake sits right inside the community, which is something most 30A neighborhoods simply cannot offer.
  • Walk-everywhere location. You can walk or bike to Seaside's shops and restaurants, reach Grayton Beach State Park next door, and grab groceries at the Publix in the Crossings district without leaving the bubble.
  • Short-term rentals are allowed. This is the big one. Unlike Origins, WaterColor permits short-term rentals and has the demand to back it up, which is why so many buyers here are looking at income, not just lifestyle.
  • On-site dining and a real town feel. Fish Out of Water and the WaterColor Grill, plus shops and the spa at WaterColor Inn, mean you are buying into a place that functions like a small town, not just a subdivision. 

How it is built, and why that matters for buying 

WaterColor is largely built out, which makes it a fundamentally different buy from the active-construction communities up the road. You are not choosing a neighborhood or a lot here. You are choosing a district, a location, and a level of condition, and each of those drives both price and rental performance. A cottage steps from the Beach Club, a larger home on the lake side, and a place over in the Crossings are three very different investments even at similar price points. 

Pricing is premium and runs well into the multimillions, but the rental income is real, and for a lot of buyers it meaningfully offsets the carry. The listings below show live numbers. Where a home sits relative to the beach, the pools, and Western Lake matters more here than almost anywhere else on 30A. 

Why work with me on WaterColor specifically 

WaterColor rewards knowing the inventory cold. I help buyers figure out which homes actually perform, which in an established rental market comes down to location within the districts, proximity to the amenities renters care about, condition, and realistic income, not just curb appeal. I can walk you through resale options, run honest rental projections, and flag where a renovation adds real value and where it does not. Most agents sell the lifestyle here. The lifestyle sells itself. My job is to make sure the numbers behind it actually work. 

The listings below are the starting point. If you want the real read on a specific district, a home's rental history, or how WaterColor compares to other 30A communities, that is a conversation. Reach out and let's have it.

One of the most popular communities provided by Noah Escobar
36
# of Listings
4
Avg # of Bedrooms
$1,202
Avg. $ / Sq.Ft.
$3,324,013
Med. List Price

Browse WaterColor Real Estate Listings

36 Properties Found. Page 3 of 3.

Welcome to Park District, Phase 5 of WaterColor.  The rental-restricted Park District has 41 custom homesites and has a dedicated pool for the owners. Owners in WaterColor have exclusive access to all amenities in this community, including the Beach Club, Camp WaterColor, Fitness Center, six resort pools, tennis facilities, and much more! Lot 32 is located across the street from Phase 5 park and pool. Your front porch is a perfect place to lounge. Also, Lot 32 String Lily Cove is located in flood zone X (not a flood zone). Choose your custom design or use the plans the current owners have shared.
#979300

Santa Rosa Beach

Lot 32 String Lily Cove

None Beds

None Baths

0.13 acres

$1,170,000

MLS#: 979300

Welcome home to a wonderful opportunity to build your own custom dream home in phase 4 of Watercolor. The coveted community of Watercolor includes access to five star resort style community swimming pools, a freshly updated Gulf front beach club, fitness center, tennis center, camp Watercolor, and much more.
#1002856

Santa Rosa Beach

215 Wisteria Way

None Beds

None Baths

0.07 acres

$859,000

MLS#: 1002856

The Private Residence Club is a great alternative to full time ownership near the beach in a professionally managed setting. PRC is a FRACTIONAL OWNERSHIP consisting of 11 (8 shares per unit), 2 bedroom/2 bath residences. Each owner owns a 1/8th interest in a unit and is guaranteed to receive 5 weeks per year with additional stay opportunities if available. Owners receive one week per season and a fifth bonus flexible week. Located in WaterColor, south of Hwy 30A, this building is directly across from the WaterColor Beach Club and the Fish Out of Water Restaurant.  Secondary bedroom has 2 king sized beds. Units are non-rental, so only owners, friends and guests may stay. Close to all the WaterColor shops, restaurants, parks, bike paths and a short stroll to the beach. This is an attractive way to own in Watercolor and have access to all of the fabulous amenities, including the Beach Club with 3 pools, tennis, Camp Watercolor and more.
Enjoy this easy way to own! All costs are included in your quarterly fee - taxes, insurance, maintenance and HOA fees. Just lock and leave!
#992149

Santa Rosa Beach

29 Goldenrod Circle 301-8

2 Beds

2 Baths

1,397 Sq.Ft.

$179,500

MLS#: 992149

The Private Residence Club at WaterColor offers ownership in one of 11 two-bedroom, two-bath residences, with eight shares per unit. Located directly across from the WaterColor Beach Club, Fish Out of Water, and the WaterColor Inn, these residences offer value and an exceptional lifestyle. Each 1/8 share includes five weeks of annual use: one week per season, one floating week, and bonus stays when available. You and your guest will enjoy a private, owner-only experience in these non-rental residences, along with private access to the Gulf and the white sandy beaches. Owners enjoy walkable access to the beach, nearby shops, the Seaside community, restaurants, natural parks, bike trails, pools, and tennis or pickleball courts in WaterColor.  WaterColor offers the best in beach living!
#993880

Santa Rosa Beach

29 Goldenrod Circle 201-4

2 Beds

2 Baths

1,397 Sq.Ft.

$150,000

MLS#: 993880

The Private Residence Club presents a refined opportunity to enjoy ownership in WaterColor without the demands of full-time possession. Designed for discerning buyers, this professionally managed, non-rental enclave offers an effortless coastal lifestyle in one of 30A's most prestigious locations.
Ownership is fractional and limited, with just 11 private two-bedroom, two-bath residences, each divided into eight equal interests. Each owner enjoys five guaranteed weeks of private use annually—one curated week per season plus a flexible bonus week—with the potential for additional stays as availability allows.
Perfectly positioned south of Highway 30A, the building sits directly across from the WaterColor Beach Club and the iconic Fish Out of Water restaurant. Interiors are thoughtfully designed for comfort and flexibility, including a guest bedroom featuring two king bedsideal for hosting family or friends. Residences are reserved exclusively for owners and their guests, preserving privacy and a true sense of ownership.
Steps from the beach and moments from WaterColor's boutiques, dining, parks, and scenic bike paths, owners enjoy full access to the community's celebrated amenities, including the Beach Club with three resort-style pools, tennis courts, Camp WaterColor, and more.
Ownership is truly turnkey. Quarterly dues encompass all operating expenses, including taxes, insurance, maintenance, and association feesallowing owners to simply arrive, relax, and depart with ease. This is luxury ownership made uncomplicated.
All information is deemed to be accurate buyer to verify all information.
#995032

Santa Rosa Beach

29 Goldenrod Circle 401-3

2 Beds

2 Baths

1,397 Sq.Ft.

$149,000

MLS#: 995032

Poised within the highly sought-after WaterColor community along Scenic Highway 30A, this impeccably appointed two-bedroom, two-bath fractional ownership residence offers a rare opportunity to experience one of the Florida Gulf Coast's most celebrated private coastal enclaves. Designed with understated elegance and coastal refinement, the residence captures serene views of a lush canopy of longleaf pines through expansive floor-to-ceiling windows that bathe the interiors in natural light. The living spaces are defined by a calm, sophisticated aesthetic--neutral linen furnishings, warm hardwood flooring, and refined millwork come together to create an atmosphere of effortless coastal luxury. Every detail has been thoughtfully curated to balance comfort with timeless design.

The chef's kitchen is appointed to a high residential standard, featuring rich wood cabinetry, a striking dark stone island with integrated open shelving, premium stainless steel appliances, and a glass-tile backsplash that subtly reflects the natural light. An adjacent dining area with woven seating flows seamlessly from the kitchen, offering an inviting setting for intimate gatherings.

The primary suite and guest accommodations continue the same elevated design language, featuring hotel-inspired bedding, soft upholstered headboards, and spa-like baths with stone countertops, polished chrome fixtures, and classic tile surrounds. Natural textures and bespoke finishes throughout reinforce the home's serene, coastal character.
#1003182

Santa Rosa Beach

29 Goldenrod Circle 101-8

2 Beds

2 Baths

1,397 Sq.Ft.

$145,000

MLS#: 1003182

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