Our credit card system is down. We are actively working on this issue. If you would like to make a reservation please call 850-234-7151 9 am - 4 pm OR email us with your contact info, unit and dates. We will get a block in for you until we can resolve this!

logo ×

  • This field is for validation purposes and should be left unchanged.

146 Silver Laurel Way, Santa Rosa Beach, FL 32459

$4,599,000
Property Type: Residential Bedrooms: 5 Baths: 6 Square Footage: 3,972 Lot Size (sq. ft.): 5,009 Status: Active
Current Price: $4,599,000 List Date: 4/07/2026 Last Modified: 4/14/2026

Description

Exceptional Gulf-View Residence in Prime WaterColor Location Ideally situated just two blocks from the beach on a quiet street, this 5-bedroom, 5.5-bath WaterColor home offers rare elevated Gulf views, strong rental performance, and extensive recent upgrades. Positioned among the highest vantage points in the community, the property captures sweeping views of the Gulf, Seaside, and surrounding coastal landscape, highlighted by a rooftop deck designed for sunrise and sunset enjoyment. The home features multiple indoor and outdoor living spaces, including expansive porches, a private rear deck with gas fire pit and grill, and a rooftop terrace with panoramic sightlines. The kitchen is well-appointed with Sub-Zero refrigeration, Wolf appliances, an oversized island with seating, and custom cabinetry by Smallbone of England. Interiors were professionally designed by Beau Interiors and are offered furnished (with exclusions). Recent improvements include new electrical throughout, new decking, recessed lighting, one new HVAC unit, new window treatments, new hot water heater, paved driveway, and updated marble surfaces in the kitchen. The backyard faces toward Seaside and the Gulf, and a contractor has verified space for a potential pool installation. Located within close proximity to the Truman House and in one of WaterColor's most desirable rental areas, the property has generated approximately $175-200K annually in gross rental revenue over the past two years. Buyer to verify all information and dimensions.

More Information MLS# 787994

Listing Info, Tax and Legal

HOA Fee: Yes HOA Amount: 1840 HOA Frequency: Quarterly HOA Annual Amount: 7360 New Buyer Fee: Yes New Buyer Fee Amt: 0.5 New Buyer Fee Paid: % Last Taxes: 33945 Last Tax Year: 2025 Brokerage Interest: No Interest

Contract Info

List Price/SqFt: 1157.85 Status: Active List Date: 2026-04-01 List Price: $4,599,000 Current Price: $4,599,000

Location

Sub Area: 1205 - Walton - Seaside Community/Resort: None Waterfront: No Elementary School: Dune Lakes Middle School: Emerald Coast High School: South Walton Directions: From the Town Center of Watercolor, travel East on 30A to Mystic Cobalt. Turn left onto Mystic Cobalt and right on Silver Laurel Way. House will be on the right. Area: 12 - Walton County Street #: 146 Street Name: Silver Laurel Street Suffix: Way State: FL Zip Code: 32459 County: Walton Subdivision: Watercolor Parcel ID: 15-3S-19-25403-000-0140 Legal Description: LOT 14 RAINBOW ROW AT WATER COLOR PB 14-31 OR 2342-457 OR 2776-819 OR 2860-1146 OR 2863-1698 OR 3209-3721

General Property Info

Acreage: 0.12 Design: Florida Cottage Lot Size (SqFt): 5009 Apx SqFt(Htd/Cooled): 3972 Construction Status: Construction Complete SqFt Source: An Appraiser Half Baths: 1 # of Stories in Building: 3 Lot Dimensions: 50x100 New Construction: No Garage Y/N: No Covered Spaces: 2 Driveway Spaces: 2 Pool: Yes Pool Type: Community Sub-Type: Detached Single Family Bedrooms: 5 Full Baths: 5 Total Baths: 6 Year Built: 2007

Remarks & Misc

Remarks: Exceptional Gulf-View Residence in Prime WaterColor Location Ideally situated just two blocks from the beach on a quiet street, this 5-bedroom, 5.5-bath WaterColor home offers rare elevated Gulf views, strong rental performance, and extensive recent upgrades. Positioned among the highest vantage points in the community, the property captures sweeping views of the Gulf, Seaside, and surrounding coastal landscape, highlighted by a rooftop deck designed for sunrise and sunset enjoyment. The home features multiple indoor and outdoor living spaces, including expansive porches, a private rear deck with gas fire pit and grill, and a rooftop terrace with panoramic sightlines. The kitchen is well-appointed with Sub-Zero refrigeration, Wolf appliances, an oversized island with seating, and custom cabinetry by Smallbone of England. Interiors were professionally designed by Beau Interiors and are offered furnished (with exclusions). Recent improvements include new electrical throughout, new decking, recessed lighting, one new HVAC unit, new window treatments, new hot water heater, paved driveway, and updated marble surfaces in the kitchen. The backyard faces toward Seaside and the Gulf, and a contractor has verified space for a potential pool installation. Located within close proximity to the Truman House and in one of WaterColor's most desirable rental areas, the property has generated approximately $175-200K annually in gross rental revenue over the past two years. Buyer to verify all information and dimensions.

Dining Room

First: 1

Pool Features

Inground: 1

Appliances

Cooktop - Gas: 1 Dishwasher: 1 Disposal: 1 Dryer: 1 Microwave: 1 Refrigerator: 1 Washer: 1

Interior Features

Breakfast Bar: 1 Lighting - Recessed: 1 Security System: 1 Wet Bar: 1

Construction/Siding

Foundation - On Piling: 1 Roof - Metal: 1 Siding - Other: 1 Trim - Wood: 1

Exterior

Balcony: 1 Fire Pit: 1 Hurricane Shutters: 1 Porch Covered: 1 Porch Open: 1

Association Fees Include

Accounting: 1 Advertising: 1 BBQ Pit/Grill: 1 Beach: 1 Exercise Room: 1 Ground Keeping: 1 Legal: 1 Management: 1 Picnic Area: 1 Playground: 1 Pool: 1 Tennis: 1

Financing

Cash: 1 Conventional: 1 FHA: 1 VA: 1

Furnished

Furnished: 1

Kitchen

First: 1

Living Room

First: 1

Lot Features

Dedicated Beach: 1 Near Beach Access: 1 Within 1/2 Mile to Water: 1

Lot Access

Comm/Own/Maint: 1

Parking Features

Driveway: 1

Mstr Bath / Mstr Bdrm

MBath Double Vanity: 1 MBath Garden Tub: 1 MBath Separate Shwr: 1 MBed Balcony: 1

Association Amenities

BBQ Pit/Grill: 1 Beach: 1 Boardwalk: 1 Exercise Room: 1 Game Room: 1 Picnic Area: 1 Playground: 1 Pool: 1 Retail Shops: 1 Tennis: 1 Dining: 1 Recreation Facilities: 1 Sidewalks: 1

Rooms

Bedroom: 1 Dining Room: 1 Kitchen: 1 Living Room: 1 Master Bedroom: 1

Utilities

Cable - Available: 1 Public Sewer - Connected: 1 Public Water - Connected: 1 Underground Utilities: 1

Waterview

Gulf: 1

Master Bedroom

Second: 1

Bedroom

First: 1

Cooling

Central Air: 1 Electric: 1 Multi Units: 1

Heating

Central: 1 Electric: 1

Security Features

Key Card Entry: 1 Smoke Detector(s): 1

Property Features

Appliances: Cooktop - Gas; Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Washer Master Bedroom: Second Bedroom: First Cooling: Central Air; Electric; Multi Units Heating: Central; Electric Exterior: Balcony; Fire Pit; Hurricane Shutters; Porch Covered; Porch Open Association Fees Include: Accounting; Advertising; BBQ Pit/Grill; Beach; Exercise Room; Legal; Ground Keeping; Management; Picnic Area; Playground; Pool; Tennis Financing: Cash; Conventional; FHA; VA Furnished: Furnished Kitchen: First Living Room: First Lot Features: Dedicated Beach; Near Beach Access; Within 1/2 Mile to Water Lot Access: Comm/Own/Maint Dining Room: First Pool Features: Inground Security Features: Key Card Entry; Smoke Detector(s) Parking Features: Driveway Association Amenities: BBQ Pit/Grill; Beach; Boardwalk; Dining; Exercise Room; Game Room; Picnic Area; Playground; Pool; Recreation Facilities; Retail Shops; Sidewalks; Tennis Rooms: Bedroom; Dining Room; Kitchen; Living Room; Master Bedroom Utilities: Cable - Available; Public Sewer - Connected; Public Water - Connected; Underground Utilities Waterview: Gulf

Room Information

Dining Room Level: First Dimensions: 17 x 13 Length: 17.00 Width: 13.00 Dimensions: 17 x 13 Kitchen Level: First Dimensions: 18 x 14 Length: 18.00 Width: 14.00 Dimensions: 18 x 14 Living Room Level: First Dimensions: 26 x 14 Length: 26.00 Width: 14.00 Dimensions: 26 x 14 Master Bedroom Level: Second Dimensions: 17 x 15 Length: 17.00 Width: 15.00 Dimensions: 17 x 15 Bedroom Level: First Dimensions: 15 x 12 Length: 15.00 Width: 12.00 Dimensions: 15 x 12
Listing Office: Think Real Estate
Last Updated: April - 14 - 2026
Information deemed reliable but not guaranteed.