265 Western Lake Dr, Santa Rosa Beach, FL 32459
- $4,075,000
- 5
- BD
- 6
- BA
- 2,821
- SqFt
- Sold Price
- $4,075,000
- List Price
- $4,125,000
- Closing Date
- Mar 25, 2026
- Days on Market
- 33
- MLS#
- 995896
- Status
- CLOSED
- Type
- Single Family Residential
- Subtype
- Detached Single Family
- Bedrooms
- 5
- Bathrooms
- 6
- Full Bathrooms
- 5
- Half Bathrooms
- 1
- Living Area
- 2,821
- Lot Size
- 7,405
- Neighborhood
- S. of 98 W of Camp Creek
Property Description
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.
/u.realgeeks.media/debbiewooley/header.png)
Additional Information
- Acres
- 0.17
- Appliances
- Dishwasher, Disposal, Dryer, Microwave, Washer, Electric Water Heater
- Style
- Cottage
- Elementary School
- Dune Lakes
- Exterior Features
- Balcony, Private Yard, Gazebo, Outdoor Kitchen
- High School
- South Walton
- Interior Features
- Breakfast Area, In-Law Arrangement, Kitchen Island, Pantry, Washer Hookup
- Legal Description
- LOT 1 SUNSET RIDGE AT WATERCOLOR PB 14-29 OR 2487-362 OR 2545-862 OR 2608-3394 OR 3033-2511 OR 3049-4038 OR 3072-2050 OR 3160-1323
- Lot Features
- Corner Lot, Covenants, Covenants
- Middle School
- Emerald Coast
- Neighborhood
- S. of 98 W of Camp Creek
- Community Features
- Beach Access, Dock, Exercise Room, Fishing, Picnic Area, Playground, Pool, Tennis Court(s)
- Stories
- 2
- Subdivision
- Watercolor
- Year Built
- 2006
- Zoning
- Deed Restrictions, Resid Single Family
Mortgage Calculator
Listing courtesy of Scenic Sotheby's International Realty. Selling Office: .
Vendor Member Number : 28166