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
32
# of Listings
4
Avg # of Bedrooms
$1,267
Avg. $ / Sq.Ft.
$3,887,687
Med. List Price

Browse WaterColor Real Estate Listings

9 Properties Found. Page 1 of 1.

Positioned within the highly sought-after Phase II of WaterColor, this thoughtfully designed cottage offers the rare balance of privacy and proximity to the area's most celebrated amenities.Set along a charming pocket park where neighbors gather for bocce ball, lawn games and relaxed afternoon picnics, the home enjoys a peaceful setting that still places you moments from the beach and vibrant energy of Scenic Highway 30A.
Inside, 10-foot ceilings and rich hardwood floors create a light, inviting atmosphere. The main living area is anchored by a striking all-brick fireplace that adds warmth and architectural character while creating a natural gathering place for family and friends after a day along the coast.

The kitchen is designed to....... ........satisfy both everyday living and entertaining with equal ease. Granite countertops pair with a re-tiled backsplash and stainless steel appliances, while a Viking Professional range elevates the culinary experience. A generous breakfast bar island with an integrated sink seamlessly connects the kitchen to the living area, creating a welcoming space for casual meals, conversation and evening gatherings.

Thoughtful upgrades continue throughout the home. A Rinnai endless hot water system ensures comfort and efficiency, while upgraded media wiring supports modern connectivity for work or relaxation. Just off the side entrance, a well-appointed utility room adds another layer of convenience with custom cabinetry and drawers, washer and dryer, a Uline mini-fridge and a dedicated sink--an ideal space for organization after beach days or pool afternoons.

Outdoor living is equally effortless. Just steps away, the outdoor shower provides the perfect place to rinse off after returning from the pool or the white sand beaches along the nearby gulf.

Life here extends well beyond the front door. Residents of WaterColor enjoy access to an exceptional collection of amenities, including 10 community pools, the renowned Beach Club with three pools and three dining venues, and Camp WaterColor featuring multiple pools and a winding lazy river. More than 35 miles of scenic walking and biking trails weave through the community, while pickleball courts, a tennis center with Har-Tru courts and paddleboard access on Western Lake provide endless ways to enjoy the coastal lifestyle.

Classic craftsmanship, thoughtful details and an enviable setting along 30A make this cottage a timeless retreat designed for both quiet moments and memorable gatherings.
#997957

Santa Rosa Beach

30 Tall Timber Court

3 Beds

3 Baths

2,205 Sq.Ft.

$2,540,000

MLS#: 997957

Perfectly positioned just steps from Camp WaterColor and only a short bike ride to Seaside, this fun coastal cottage offers an exceptional blend of charm, comfort, and location. Offered fully furnished and rental-ready, the home presents an effortless opportunity for a refined beach retreat, second home, or investment property. A welcoming, front porch sets the tone for relaxed coastal living and opens into a light filled interior designed for both entertaining and everyday comfort. The open concept living space features wide plank heart pine floors, a vaulted tongue-and-groove ceiling, and a gas fireplace, all complemented by tall sunlit windows and French doors that seamlessly connect indoor and outdoor living. The thoughtfully designed kitchen is equipped with stainless steel appliances, a gas range, granite countertops, and a breakfast bar for additional seating, while the adjacent dining area flows naturally onto the porch, ideal for gathering with family and friends.
#1008049

Santa Rosa Beach

1337 Western Lake Drive

3 Beds

4 Baths

2,162 Sq.Ft.

$2,525,000

MLS#: 1008049

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 $171,481.25 for 2026 (all gross revenue numbers excluding taxes collected) with new reservations coming in daily and lots of owner use! Over 60 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.
#1008482

Santa Rosa Beach

5 Red Basil Drive

5 Beds

4 Baths

2,749 Sq.Ft.

$2,500,000

MLS#: 1008482

IMPROVED PRICE + PRIME WATERCOLOR LOCATION!

Now offered at an attractive new price, this exceptional cottage is perfectly positioned along Crimson Park in the highly sought-after Park District of Phase 1--one of the most desirable locations in WaterColor. Known for its charming, rose-colored homes and storybook setting, this unique streetscape creates a truly unforgettable coastal experience.

Step inside to a beautifully curated retreat reminiscent of a Serena & Lily showcase, where relaxed coastal elegance meets refined design. With over 1,700 square feet, this two-bedroom plus bunk room, two-and-a-half bath home is thoughtfully designed for both entertaining and everyday comfort. Soaring cathedral and beamed ceilings, oversized windows, and multiple French doors fill the home with natural light while showcasing picturesque views of Crimson Park and the Rose Garden Mews.

The first-floor owner's suite offers a spa-like bath with dual vanities and opens to a private screened porch--perfect for morning coffee or unwinding in the evening. A charming bunk room adds flexibility, while the spacious upstairs loft with two queen beds lives like an additional suite, ideal for hosting guests.

Offered fully furnished with a six-seat golf cart, this home is truly turn-key. Enjoy an easy stroll to the Boathouse pool, WaterColor Beach Club, and the Gulf, along with access to world-class amenities including multiple pools, tennis and pickleball courts, a fitness center, scenic trails, and Western Lake for paddleboarding and kayaking.

Investment Opportunity:
Strong rental performance with $133,968 in gross revenue over the past two years and $136,547 already on the books for this year.

With its improved price and unbeatable location, this is a rare opportunity to own in one of 30A's most coveted communities.
#985570

Santa Rosa Beach

114 Sunset Ridge Lane

2 Beds

2 Baths

1,732 Sq.Ft.

$2,495,000

MLS#: 985570

WELCOME HOME to your exquisite coastal beach retreat at the most desirable family friendly neighborhood of WaterColor.  From the moment you enter this stunning home, you will never want to leave!  JEWELS is the most inviting home with curated furnishings to delight.  Walk through the majestic magnolias to your relaxing screened front porch from which to enjoy those morning sunrises.  Enter into the sunny, open living, dining, kitchen area with its fabulous decor. Warm solid wood floors throughout with 10' ceilings provide spacious comfort.  First floor master is exquisitely designed with ensuite bath. A luxurious additional living, gathering area greets you at the top of the stairs. 2nd floor master has private balcony for those afternoon naps on your hammock.  Start living your DREAM! WaterColor is the premier coastal community on Scenic Highway 30-A.  World class amenities make this 499 acre community the preferred destination for family fun and making lifetime memories.  10 community pools include 3 at the Gulf Front private Beach Club.
2 pools and a Lazy River at Camp WaterColor make for a kids' paradise.  Tennis courts and pickleball are available for outdoor fun. A new fitness center is scheduled to begin construction in January 2026 as well as 4 additional pickleball courts.  Boathouse at Western Lake has kayaks and paddle boards available for rental.
In addition to the private beach, WaterColor is also bordered by Western Lake, one of the largest rare Coastal Dune Lakes in the world.  Enjoy miles of trails and parks throughout the masterfully designed community.  Enjoy lifestyle events, shops, restaurants and all the fun living at WaterColor.  JEWELS has everything that you could ever want in a beach home.  Spacious outdoor spaces with a screened front porch and a private balcony off of the second-floor master.  The open living/dining/kitchen concept provides wonderful living at the beach with spacious areas for family and friends to gather.  Additional serving area with glass cabinets and mini fridge make entertaining a dream!  First floor master provides a peaceful oasis that you will never want to leave.
Additional upstairs bedrooms are spacious with stunning decor throughout.  Start living your DREAM where every day is the weekend.  All information deemed accurate but should be verified by buyer. .5% of purchase price to be paid by Buyer to St. Joe Community Foundation at closing.
#993086

Santa Rosa Beach

97 E Summersweet Lane

4 Beds

4 Baths

2,257 Sq.Ft.

$2,150,000

MLS#: 993086

Thoughtfully redesigned with a refined coastal aesthetic, the interiors feature extensive upgrades throughout, including custom wall detailing, updated flooring, designer cabinetry, stone countertops, statement lighting, premium plumbing fixtures, and a fully refreshed furnishing and décor package. Positioned on a single level within the second floor of the building, the residence is easily accessible via elevator or staircase and offers a comfortable, open-concept layout designed for effortless entertaining.

Natural light fills the spacious living and dining areas, which extend seamlessly onto an expansive wraparound porch as an inviting outdoor retreat ideal for dining, lounging, or enjoying the coastal atmosphere after a day on the beach. The primary suite offers generous proportions and a private ensuite bath, while the guest accommodations include an additional bedroom, a charming bunk space, and a large secondary bath complete with laundry area. The beautifully updated kitchen combines functionality with elevated design, creating a space equally suited for casual mornings or hosting guests.
#1002665

Santa Rosa Beach

1777 E County Highway 30A UNIT 202

2 Beds

2 Baths

1,269 Sq.Ft.

$1,750,000

MLS#: 1002665

Positioned in the heart of WaterColor's desirable Beach District, this well-appointed corner townhome offers an ideal blend of comfort, convenience, and coastal charm. Located just off 30A within steps to the WaterColor Beach Club & Town Center, the property provides effortless access to dining, shopping, and the Gulf's renowned white-sand beaches.

Spanning approximately 1,286 square feet, the residence features a thoughtful two-level layout designed for both everyday living and guest accommodations. The main living area is situated upstairs, where natural light fills the open-concept space and highlights the warm hardwood flooring. A private balcony extends the living area outdoors, perfect for unwinding after a day at the beach. The kitchen is efficiently designed with light cabinetry, Whirpool stainless appliances, and a breakfast bar that connects seamlessly to the dining and living spaces. The first floor primary suite offers privacy and direct access to a screened porch, along with a spacious ensuite bath featuring dual vanities, a soaking tub, and a separate shower. An additional guest bedroom and bath upstairs provide comfortable accommodations for visitors.

Offered furnished, this residence presents a strong opportunity as a second home or investment property, with projected rental income exceeding $100K annually.

WaterColor spans over 499 acres and is known for its resort-style amenities, including multiple pools, a Gulf-front beach club, tennis courts, fitness center, nature trails, and the popular Camp WaterColor with a lazy river and waterslide--creating a lifestyle that is both relaxed and activity-rich along Scenic Highway 30A.
#1000314

Santa Rosa Beach

1660 E County Highway 30A UNIT 101

2 Beds

2 Baths

1,286 Sq.Ft.

$1,735,000

MLS#: 1000314

Lot 36 is located in the exclusive non short term rental area of Phase 5. The Park District offers 41 custom homesites in the only rental restrictive area of Watercolor. The back of this lot spans along a Preserve area offering the homeowner ultimate privacy while still enjoying all the highly sought after Watercolor amenities
#1006591

Santa Rosa Beach

Lot 36 String Lily Cove

None Beds

None Baths

0.12 acres

$1,350,000

MLS#: 1006591

New on site 4 days ago
Under contract with a 72 hour kick out clause.
Beautiful Phase 5 homesite in Watercolor. The newest section of Watercolor is  a rental restricted neighborhood with its own pool and access to all of the amazing Watercolor amenities.  This lot backs up to green space and is located on a cul de sac.
#954589

Santa Rosa Beach

40 String Lily Cove Cove

None Beds

None Baths

0.14 acres

$1,299,000

MLS#: 954589

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