5 Red Basil Dr, Santa Rosa Beach, FL 32459
- $2,500,000
- 5
- BD
- 5
- BA
- 2,749
- SqFt
- List Price
- $2,500,000
- Days on Market
- 2
- MLS#
- 1008482
- Status
- ACTIVE
- Type
- Single Family Residential
- Subtype
- Detached Single Family
- Bedrooms
- 5
- Bathrooms
- 5
- Full Bathrooms
- 4
- Half Bathrooms
- 1
- Living Area
- 2,749
- Lot Size
- 4,356
- Neighborhood
- S. of 98 W of Camp Creek
Property Description
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.
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Additional Information
- Acres
- 0.10
- Appliances
- Dishwasher, Disposal, Dryer, Microwave, Range Hood, Washer, LP Gas Water Heater, Water Heater
- Style
- Beach House
- Elementary School
- Dune Lakes
- Exterior Features
- Outdoor Shower, Sprinkler System, Outdoor Living Area
- High School
- South Walton
- Interior Features
- Breakfast Area, Crown Molding, Vaulted/Cathedral Ceilings, Kitchen Island, Recessed Lighting, Pantry, Media Room, Wainscoting, Washer Hookup, Newly Painted
- Legal Description
- LOT 94 SUMMERSWEET PLACE AT WATERCOLOR PB 16-95 OR 2710-4066 OR 2719-3882 OR 2901-442 OR 2918-2968 OR 3156-2087 OR 3298-768
- Lot Features
- Corner Lot, Covenants, Irregular Lot
- Middle School
- Emerald Coast
- Neighborhood
- S. of 98 W of Camp Creek
- Parking Features
- Garage Door Opener, Golf Cart Garage
- Community Features
- BBQ Pit/Grill, Beach Access, Deed Access, Dock, Exercise Room, Golf, Pavillion/Gazebo, Picnic Area, Playground, Pool, Cable TV, Tennis Court(s), Water Access
- Stories
- 2
- Subdivision
- Watercolor
- Year Built
- 2013
- Zoning
- Resid Single Family
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Listing courtesy of Rising Star Real Estate Inc.
Vendor Member Number : 28166